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
₽27166
₽25885
₽34040
₽16045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
935
trade
-
-
-
6 874
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.

-
-
-
17 004
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.

-
-
-
6 077
total
-
-
-
30 890
Employee

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

34 024
-
85 000
-
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.

950
-
17 004
-
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.

6 077
-
6 077
-
surtax

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

52
-
935
-
total
7 079
-
24 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 976
85 000
-
-
surtax

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

420
701
-
-
income
7 647
12 750
-
-
trade
8 029
13 387
-
-
chamber of commerce
208
257
-
-
total
16 304
27 095
-
-
Dividends
34 672
57 906
-
-
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.

457
778
-
-
withholding
8 331
14 138
-
-
total
8 788
14 916
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 171
42 011
24 016
30 890
After tax
52 829
42 989
60 984
54 110
Living cost
26 944
26 944
26 944
26 944
Free-cash
25 885
16 045
34 040
27 166

Estimated living cost  is ₽26944 per week

₽16949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
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.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4454
₽5143
₽5121
₽5927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
13 565
pensions
-
-
-
10 200
social contributions
-
-
-
914
municipal
-
-
-
8 754
total
-
-
-
33 433
Employee
73 033
-
73 482
-
pensions
2 921
-
2 939
-
municipal
9 021
-
9 083
-
national
13 979
-
14 075
-
total
25 921
-
26 097
-
Employer
73 033
-
73 482
-
pensions
5 843
-
5 879
-
social contributions
785
-
790
-
total
6 628
-
6 669
-
Corporate
519
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%.

104
17 000
-
-
total
104
17 000
-
-
Dividends
415
68 000
-
-
withholding
91
14 960
-
-
total
91
14 960
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 744
31 960
32 766
33 433
After tax
52 256
53 040
52 234
51 567
Living cost
47 113
47 113
47 113
47 113
Free-cash
5 143
5 927
5 121
4 454

Estimated living cost  is ₽47113 per week

₽32022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26914
₽42196
₽29450
₽49494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
27 327
income
-
-
-
12 252
microenterprise
-
-
-
-
total
-
-
-
39 579
Employee
25 993
-
68 499
-
income
4 627
-
13 008
-
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.

2 860
-
7 534
-
surtax
-
-
-
-
total
7 487
-
20 542
-
Employer
25 993
-
68 499
-
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.

6 261
-
16 501
-
total
6 261
-
16 501
-
Corporate
52 745
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%.

10 549
16 999
-
-
total
10 549
16 999
-
-
Dividends

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

42 196
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
24 297
16 999
37 043
39 579
After tax
60 703
68 001
47 957
45 421
Living cost
18 507
18 507
18 507
18 507
Free-cash
42 196
49 494
29 450
26 914

Estimated living cost  is ₽18507 per week

₽11807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11004
-₽3335
-₽3335
₽1659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 422
income
-
-
-
15 876
health
-
-
-
10 433
total
-
-
-
36 731
Employee
75 965
75 965
75 965
-
pensions
13 674
10 422
13 674
-
income

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

12 434
12 434
12 434
-
health
11 660
9 918
11 660
-
total
37 768
32 774
37 768
-
Employer
75 965
75 965
75 965
-
pensions
5 287
5 287
5 287
-
health
5 280
5 280
5 280
-
unemployment
2 735
2 735
2 735
-
total
13 302
13 302
13 302
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
51 070
46 076
51 070
36 731
After tax
33 930
38 924
33 930
48 269
Living cost
37 265
37 265
37 265
37 265
Free-cash
-3 335
1 659
-3 335
11 004

Estimated living cost  is ₽37265 per week

₽26409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6336
₽8700
₽8509
₽9528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
other
-
-
-
9 393
pensions
-
-
-
8 738
municipal
-
-
-
18 364
accident
-
-
-
162
health
-
-
-
5 044
unemployment
-
-
-
81
total
-
-
-
41 782
Employee
52 553
-
64 678
-
municipal
15 671
-
19 287
-
national
-
-
-
-
total
15 671
-
19 287
-
Employer
52 553
-
64 678
-
pensions
5 681
-
6 992
-
other
6 107
-
7 516
-
health
3 232
-
3 978
-
unemployment
1 387
-
1 707
-
accident
105
-
129
-
total
16 512
-
20 322
-
Corporate
15 935
85 000
-
-
income
3 506
18 700
-
-
total
3 506
18 700
-
-
Dividends
12 429
66 300
-
-
withholding
3 729
19 890
-
-
total
3 729
19 890
-
-
Income
85 000
85 000
85 000
85 000
Total tax
39 418
38 590
39 609
41 782
After tax
45 582
46 410
45 391
43 218
Living cost
36 882
36 882
36 882
36 882
Free-cash
8 700
9 528
8 509
6 336

Estimated living cost  is ₽36882 per week

₽24444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18858
₽20105
₽26038
₽7604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
935
trade
-
-
-
7 180
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.

-
-
-
17 004
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.

-
-
-
6 077
total
-
-
-
31 196
Employee

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

45 112
-
85 000
-
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.

3 876
-
17 004
-
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.

6 077
-
6 077
-
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.

213
-
935
-
total
10 166
-
24 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 888
85 000
-
-
surtax

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

329
701
-
-
income
5 983
12 750
-
-
trade
6 562
13 983
-
-
chamber of commerce
192
257
-
-
total
13 066
27 691
-
-
Dividends
26 822
57 310
-
-
surtax

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

349
770
-
-
withholding
6 368
13 989
-
-
total
6 717
14 759
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 949
42 450
24 016
31 196
After tax
55 051
42 550
60 984
53 804
Living cost
34 946
34 946
34 946
34 946
Free-cash
20 105
7 604
26 038
18 858

Estimated living cost  is ₽34946 per week

₽23372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31985
₽29699
₽31900
₽33388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 260
income
-
-
-
8 734
health
-
-
-
2 168
total
-
-
-
24 162
Employee
68 403
68 403
77 167
-
income
7 183
6 332
8 697
-
social contributions
3 324
5 677
6 405
-
health
680
1 163
1 312
-
total
11 187
13 172
16 414
-
Employer
68 403
68 403
77 167
-
social contributions
3 324
5 677
6 405
-
health
741
1 266
1 428
-
total
4 065
6 943
7 833
-
Corporate
40 895
9 654
-
-
income
5 112
1 207
-
-
total
5 112
1 207
-
-
Dividends
35 783
8 447
-
-
withholding
6 084
1 437
-
-
total
6 084
1 437
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 448
22 759
24 247
24 162
After tax
58 552
62 241
60 753
60 838
Living cost
28 853
28 853
28 853
28 853
Free-cash
29 699
33 388
31 900
31 985

Estimated living cost  is ₽28853 per week

₽19724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41386
₽30793
₽31777
₽30427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 500
income
-
-
-
10 391
health
-
-
-
5 950
unemployment
-
-
-
1 275
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.

25 258
10 052
71 130
-
pensions
2 526
1 005
7 113
-
income
3 088
1 229
8 696
-
health
1 768
704
4 979
-
unemployment
379
151
1 067
-
total
7 761
3 089
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.

25 258
10 052
71 130
-
pensions
4 925
1 960
13 870
-
total
4 925
1 960
13 870
-
Corporate
54 816
72 987
-
-
income
4 933
6 569
-
-
total
4 933
6 569
-
-
Dividends
49 883
66 418
-
-
withholding
9 478
12 620
-
-
social contributions
9 612
12 837
-
-
total
19 090
25 457
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 709
37 075
35 725
26 116
After tax
48 291
47 925
49 275
58 884
Living cost
17 498
17 498
17 498
17 498
Free-cash
30 793
30 427
31 777
41 386

Estimated living cost  is ₽17498 per week

₽11941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1432
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.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24075
₽40988
₽27507
₽46515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 999
income
-
-
-
11 390
health
-
-
-
11 050
total
-
-
-
39 439
Employee
25 236
-
63 529
-
pensions
505
-
1 271
-
income
2 841
-
12 249
-
unemployment
403
-
1 016
-
total
3 749
-
14 536
-
Employer
25 236
-
63 529
-
pensions
5 047
-
12 705
-
health
3 280
-
8 258
-
unemployment
203
-
508
-
total
8 530
-
21 471
-
Corporate
51 234
85 000
-
-
income
10 247
16 999
-
-
total
10 247
16 999
-
-
Dividends
40 988
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
22 526
16 999
36 007
39 439
After tax
62 474
68 001
48 993
45 561
Living cost
21 486
21 486
21 486
21 486
Free-cash
40 988
46 515
27 507
24 075

Estimated living cost  is ₽21486 per week

₽14737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
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.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38546
₽3843
₽23755
-₽12941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
20 351
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
26 628
Employee
31 188
-
72 101
-
pensions
3 512
-
6 875
-
income
4 279
-
13 390
-
health
3 571
-
8 255
-
total
11 362
-
28 520
-
Employer
31 188
-
72 101
-
pensions
5 071
-
9 929
-
unemployment
764
-
1 766
-
accident
521
-
1 204
-
total
6 356
-
12 899
-
Corporate
47 456
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.

42 711
76 500
-
-
total
42 711
76 500
-
-
Dividends
4 746
8 500
-
-
withholding
902
1 615
-
-
total
902
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
61 331
78 115
41 419
26 628
After tax
23 669
6 885
43 581
58 372
Living cost
19 826
19 826
19 826
19 826
Free-cash
3 843
-12 941
23 755
38 546

Estimated living cost  is ₽19826 per week

₽14531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76869
₽72104
₽60719
₽73469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 101
-
85 000
-
income
1 820
-
17 000
-
total
1 820
-
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%.

75 899
85 000
-
-
total
-
-
-
-
Dividends
75 899
85 000
-
-
withholding
3 795
4 250
-
-
total
3 795
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
5 615
4 250
17 000
850
After tax
79 385
80 750
68 000
84 150
Living cost
7 281
7 281
7 281
7 281
Free-cash
72 104
73 469
60 719
76 869

Estimated living cost  is ₽7281 per week

₽4512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22324
₽32741
₽26121
₽38747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
20 399
income
-
-
-
10 797
health
-
-
-
3 739
total
-
-
-
38 973
Employee
32 299
-
67 889
-
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.

2 260
-
4 752
-
income
5 561
-
11 687
-
health
452
-
950
-
unemployment
322
-
679
-
total
8 595
-
18 068
-
Employer
32 299
-
67 889
-
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.

5 491
-
11 540
-
other
1 616
-
3 395
-
health
452
-
950
-
unemployment
322
-
679
-
accident
258
-
544
-
total
8 139
-
17 108
-
Corporate
44 561
85 000
-
-
income
9 357
17 850
-
-
total
9 357
17 850
-
-
Dividends
35 204
67 150
-
-
withholding
2 465
4 700
-
-
total
2 465
4 700
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 556
22 550
35 176
38 973
After tax
56 444
62 450
49 824
46 027
Living cost
23 703
23 703
23 703
23 703
Free-cash
32 741
38 747
26 121
22 324

Estimated living cost  is ₽23703 per week

₽16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2743
-₽10186
-₽5813
₽4112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
income
-
-
-
16 918
total
-
-
-
23 090
Employee
83 712
-
74 908
-
pensions
8 076
-
7 020
-
income
15 090
-
13 338
-
health
1 379
-
1 198
-
total
24 545
-
21 556
-
Employer
83 712
-
74 908
-
pensions
9 884
-
8 668
-
health
1 590
-
1 422
-
total
11 474
-
10 090
-
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.

-
16 150
-
-
total
-
16 150
-
-
Dividends
-
68 850
-
-
withholding
-
5 571
-
-
total
-
5 571
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 019
21 721
31 646
23 090
After tax
48 981
63 279
53 354
61 910
Living cost
59 167
59 167
59 167
59 167
Free-cash
-10 186
4 112
-5 813
2 743

Estimated living cost  is ₽59167 per week

₽44335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52256
₽56852
₽54814
₽60992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
4 607
income
-
-
-
12 750
health
-
-
-
3 579
unemployment
-
-
-
125
total
-
-
-
21 061
Employee
15 470
-
78 893
-
pensions

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

1 358
-
2 733
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
income
1 547
-
7 889
-
health
712
-
1 432
-
total
3 787
-
12 396
-
Employer
15 470
-
78 893
-
pensions

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

1 705
-
3 430
-
health
1 068
-
2 148
-
unemployment
93
-
187
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
total
3 036
-
6 107
-
Corporate
66 495
85 000
-
-
income
6 650
8 500
-
-
total
6 650
8 500
-
-
Dividends
59 845
76 500
-
-
withholding
2 992
3 825
-
-
total
2 992
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
16 465
12 325
18 503
21 061
After tax
68 535
72 675
66 497
63 939
Living cost
11 683
11 683
11 683
11 683
Free-cash
56 852
60 992
54 814
52 256

Estimated living cost  is ₽11683 per week

₽6821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽310
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1059
-₽11913
-₽15398
-₽10404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 422
income
-
-
-
15 876
health
-
-
-
10 433
total
-
-
-
36 731
Employee
82 474
75 965
75 965
-
pensions
10 422
10 422
13 674
-
income

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

12 434
12 434
12 434
-
health
10 289
9 918
11 660
-
total
33 145
32 774
37 768
-
Employer
82 474
75 965
75 965
-
pensions
5 740
5 287
5 287
-
health
5 731
5 280
5 280
-
unemployment
2 969
2 735
2 735
-
total
14 440
13 302
13 302
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
47 585
46 076
51 070
36 731
After tax
37 415
38 924
33 930
48 269
Living cost
49 328
49 328
49 328
49 328
Free-cash
-11 913
-10 404
-15 398
-1 059

Estimated living cost  is ₽49328 per week

₽36387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19341
₽28596
₽21077
₽36465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 820
income
-
-
-
7 306
health
-
-
-
11 475
solidarity contribution
-
-
-
-
total
-
-
-
43 601
Employee
32 438
-
63 433
-
income
3 893
-
7 612
-
social contributions
2 108
-
4 123
-
solidarity contribution
-
-
-
-
health
4 379
-
8 563
-
total
10 380
-
20 298
-
Employer
32 438
-
63 433
-
social contributions
8 110
-
15 858
-
health
2 919
-
5 709
-
total
11 029
-
21 567
-
Corporate
41 533
85 000
-
-
income
7 891
16 150
-
-
total
7 891
16 150
-
-
Dividends
33 642
68 850
-
-
withholding
5 046
10 327
-
-
total
5 046
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 346
26 477
41 865
43 601
After tax
50 654
58 523
43 135
41 399
Living cost
22 058
22 058
22 058
22 058
Free-cash
28 596
36 465
21 077
19 341

Estimated living cost  is ₽22058 per week

₽15322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6385
₽3170
₽2341
₽7814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
17 779
social contributions
-
-
-
21 863
municipal
-
-
-
505
regional
-
-
-
932
total
-
-
-
41 079
Employee
79 059
-
85 000
-
social contributions
26 659
-
28 662
-
municipal
419
-
451
-
regional
746
-
814
-
national
13 699
-
15 196
-
total
41 523
-
45 123
-
Employer
79 059
-
85 000
-
total
-
-
-
-
Corporate
5 941
85 000
-
-
municipal
231
3 315
-
-
nationa
1 426
20 401
-
-
total
1 657
23 716
-
-
Dividends
4 283
61 284
-
-
withholding
1 114
15 934
-
-
total
1 114
15 934
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 294
39 650
45 123
41 079
After tax
40 706
45 350
39 877
43 921
Living cost
37 536
37 536
37 536
37 536
Free-cash
3 170
7 814
2 341
6 385

Estimated living cost  is ₽37536 per week

₽26166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24507
₽31066
₽22865
₽33834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
surtax
-
-
-
1 864
pensions
-
-
-
16 999
income
-
-
-
15 762
health
-
-
-
6 035
unemployment
-
-
-
203
total
-
-
-
40 863
Employee
29 417
-
70 217
-
pensions
1 962
-
4 683
-
income
4 931
-
14 687
-
other
-
-
-
-
health
751
-
1 789
-
unemployment
2 048
-
4 887
-
surtax
96
-
1 675
-
total
9 788
-
27 721
-
Employer
29 417
-
70 217
-
pensions
3 921
-
9 361
-
other
-
-
-
-
health
1 339
-
3 196
-
unemployment
932
-
2 227
-
total
6 192
-
14 784
-
Corporate
49 391
85 000
-
-
income
12 841
22 101
-
-
total
12 841
22 101
-
-
Dividends
36 549
62 899
-
-
withholding
5 483
9 435
-
-
total
5 483
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 304
31 536
42 505
40 863
After tax
50 696
53 464
42 495
44 137
Living cost
19 630
19 630
19 630
19 630
Free-cash
31 066
33 834
22 865
24 507

Estimated living cost  is ₽19630 per week

₽12002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽21489
₽16305
₽12933
₽22858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
income
-
-
-
16 918
total
-
-
-
23 090
Employee
56 102
-
74 908
-
pensions
4 762
-
7 020
-
income
10 104
-
13 338
-
health
814
-
1 198
-
total
15 680
-
21 556
-
Employer
56 102
-
74 908
-
pensions
6 073
-
8 668
-
health
1 066
-
1 422
-
total
7 139
-
10 090
-
Corporate
21 760
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.

4 134
16 150
-
-
total
4 134
16 150
-
-
Dividends
17 625
68 850
-
-
withholding
1 321
5 571
-
-
total
1 321
5 571
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 274
21 721
31 646
23 090
After tax
56 726
63 279
53 354
61 910
Living cost
40 421
40 421
40 421
40 421
Free-cash
16 305
22 858
12 933
21 489

Estimated living cost  is ₽40421 per week

₽30283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85
-₽6189
-₽4281
-₽32276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
394
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
pensions
-
-
-
7 819
city
-
-
-
895
health
-
-
-
232
regional
-
-
-
2 732
total
-
-
-
13 771
Employee
83 257
-
76 079
-
city
894
-
817
-
pensions
6 995
-
6 390
-
health
188
-
172
-
regional
2 726
-
2 337
-
unemployment
-
-
-
-
national
394
-
337
-
total
11 197
-
10 053
-
Employer
83 257
-
76 079
-
pensions
6 995
-
6 390
-
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.

1 665
-
1 522
-
health
188
-
172
-
unemployment
-
-
-
-
total
8 848
-
8 084
-
Corporate
-
85 000
-
-
national
-
7 225
-
-
regional
-
17 978
-
-
total
-
25 203
-
-
Dividends
-
59 797
-
-
withholding
-
20 929
-
-
total
-
20 929
-
-
Income
85 000
85 000
85 000
85 000
Total tax
20 045
46 132
18 137
13 771
After tax
64 955
38 868
66 863
71 229
Living cost
71 144
71 144
71 144
71 144
Free-cash
-6 189
-32 276
-4 281
85

Estimated living cost  is ₽71144 per week

₽46264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽873
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12748
₽15789
₽20233
₽1364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
935
trade
-
-
-
7 485
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.

-
-
-
17 004
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.

-
-
-
6 077
total
-
-
-
31 501
Employee

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

53 461
-
85 000
-
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.

6 287
-
17 004
-
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.

6 077
-
6 077
-
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.

346
-
935
-
total
12 710
-
24 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 539
85 000
-
-
surtax

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

260
701
-
-
income
4 730
12 750
-
-
trade
5 409
14 577
-
-
chamber of commerce
179
255
-
-
total
10 578
28 283
-
-
Dividends
20 961
56 717
-
-
surtax

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

270
761
-
-
withholding
4 902
13 841
-
-
total
5 172
14 602
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 460
42 885
24 016
31 501
After tax
56 540
42 115
60 984
53 499
Living cost
40 751
40 751
40 751
40 751
Free-cash
15 789
1 364
20 233
12 748

Estimated living cost  is ₽40751 per week

₽29763
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18626
₽17659
₽17959
₽12406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 637
surtax
-
-
-
-
pensions
-
-
-
21 990
social contributions
-
-
-
2 421
income
-
-
-
7 535
health
-
-
-
1 356
total
-
-
-
35 939
Employee
38 072
-
64 771
-
pensions
4 305
-
7 325
-
income
2 247
-
7 208
-
social contributions
1 085
-
1 845
-
surtax
-
-
-
-
total
7 637
-
16 378
-
Employer
38 072
-
64 771
-
pensions
6 254
-
10 642
-
other
1 313
-
2 235
-
social contributions
115
-
194
-
health
2 666
-
4 534
-
unemployment
1 541
-
2 623
-
total
11 889
-
20 228
-
Corporate
35 039
85 000
-
-
surtax
-
-
-
-
income
9 811
23 801
-
-
total
9 811
23 801
-
-
Dividends
25 227
61 199
-
-
surtax
-
-
-
-
withholding
3 229
7 833
-
-
social contributions
4 340
10 525
-
-
total
7 569
18 358
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 906
42 159
36 606
35 939
After tax
48 094
42 841
48 394
49 061
Living cost
30 435
30 435
30 435
30 435
Free-cash
17 659
12 406
17 959
18 626

Estimated living cost  is ₽30435 per week

₽19190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21642
₽20365
₽20975
₽15422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 637
surtax
-
-
-
-
pensions
-
-
-
21 990
social contributions
-
-
-
2 421
income
-
-
-
7 535
health
-
-
-
1 356
total
-
-
-
35 939
Employee
33 985
-
64 771
-
pensions
3 844
-
7 325
-
income
1 752
-
7 208
-
social contributions
969
-
1 845
-
surtax
-
-
-
-
total
6 565
-
16 378
-
Employer
33 985
-
64 771
-
pensions
5 584
-
10 642
-
other
1 173
-
2 235
-
social contributions
101
-
194
-
health
2 379
-
4 534
-
unemployment
1 376
-
2 623
-
total
10 613
-
20 228
-
Corporate
40 402
85 000
-
-
surtax
-
-
-
-
income
11 312
23 801
-
-
total
11 312
23 801
-
-
Dividends
29 090
61 199
-
-
surtax
-
-
-
-
withholding
3 724
7 833
-
-
social contributions
5 002
10 525
-
-
total
8 726
18 358
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 216
42 159
36 606
35 939
After tax
47 784
42 841
48 394
49 061
Living cost
27 419
27 419
27 419
27 419
Free-cash
20 365
15 422
20 975
21 642

Estimated living cost  is ₽27419 per week

₽15902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35722
₽33457
₽36075
₽32994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 731
income
-
-
-
12 750
health
-
-
-
5 934
total
-
-
-
30 415
Employee
30 161
-
85 000
-
income
5 031
-
12 397
-
social contributions
4 163
-
11 731
-
health
2 105
-
5 934
-
total
11 299
-
30 062
-
Employer
30 161
-
85 000
-
total
-
-
-
-
Corporate
54 839
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%.

2 741
4 251
-
-
total
2 741
4 251
-
-
Dividends
52 097
80 749
-
-
health
3 636
5 637
-
-
withholding
7 814
12 112
-
-
social contributions
7 190
11 143
-
-
total
18 640
28 892
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 680
33 143
30 062
30 415
After tax
52 320
51 857
54 938
54 585
Living cost
18 863
18 863
18 863
18 863
Free-cash
33 457
32 994
36 075
35 722

Estimated living cost  is ₽18863 per week

₽12624
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.
₽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.
₽4641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12019
₽14993
-₽5049
₽16368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
176
chamber of commerce
-
-
-
339
pensions
-
-
-
15 725
income
-
-
-
13 437
health
-
-
-
6 503
unemployment
-
-
-
5 456
total
-
-
-
41 636
Employee
44 456
35 450
65 865
-
pensions
4 553
3 629
6 744
-
income
5 061
2 615
12 018
-
other
444
355
658
-
health
1 720
1 372
2 549
-
unemployment
1 334
1 064
1 977
-
total
13 112
9 035
23 946
-
Employer
44 456
35 450
65 865
-
surtax
176
176
176
-
pensions
5 579
4 450
8 267
-
other
2 112
1 683
3 130
-
health
1 680
1 340
2 490
-
unemployment
1 334
1 064
1 977
-
chamber of commerce
177
142
263
-
payroll
1 334
1 064
1 977
-
accident
577
461
856
-
total
12 969
10 380
19 136
-
Corporate
27 576
39 171
62 489
-
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.

6 894
9 793
15 622
-
total
6 894
9 793
15 622
-
Dividends
20 681
29 378
-
-
withholding
5 687
8 079
-
-
total
5 687
8 079
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 662
37 287
58 704
41 636
After tax
46 338
47 713
26 296
43 364
Living cost
31 345
31 345
31 345
31 345
Free-cash
14 993
16 368
-5 049
12 019

Estimated living cost  is ₽31345 per week

₽20906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽7971
₽1909
₽937
₽15253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
27 231
communal

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

-
-
-
4 317
social contributions
-
-
-
13 046
total
-
-
-
44 594
Employee

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

63 631
-
65 837
-
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.

4 772
-
4 938
-
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.

2 990
-
3 096
-
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.

554
-
572
-
national
19 563
-
20 424
-
communal

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

3 319
-
3 434
-
total
31 198
-
32 464
-
Employer

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

63 631
-
65 837
-
surtax
7 215
-
7 465
-
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.

5 638
-
5 832
-
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.

3 913
-
4 050
-
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.

928
-
961
-
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.

827
-
856
-
total
18 521
-
19 164
-
Corporate
2 847
85 000
-
-
surtax
12
339
-
-
income
569
16 999
-
-
total
581
17 338
-
-
Dividends
2 266
67 661
-
-
withholding

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

356
19 974
-
-
total
356
19 974
-
-
Income
85 000
85 000
85 000
85 000
Total tax
50 656
37 312
51 628
44 594
After tax
34 344
47 688
33 372
40 406
Living cost
32 435
32 435
32 435
32 435
Free-cash
1 909
15 253
937
7 971

Estimated living cost  is ₽32435 per week

₽20892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13096
₽18068
₽13158
₽25154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
15 042
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
39 778
Employee
44 280
-
64 452
-
pensions
2 081
-
3 028
-
income
9 343
-
15 077
-
other
44
-
64
-
unemployment
687
-
999
-
total
12 155
-
19 168
-
Employer
44 280
-
64 452
-
pensions
10 449
-
15 212
-
other
353
-
515
-
unemployment
2 436
-
3 545
-
accident
876
-
1 276
-
total
14 114
-
20 548
-
Corporate
26 605
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.

3 991
12 750
-
-
total
3 991
12 750
-
-
Dividends
22 615
72 250
-
-
withholding
4 546
14 970
-
-
total
4 546
14 970
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 806
27 720
39 716
39 778
After tax
50 194
57 280
45 284
45 222
Living cost
32 126
32 126
32 126
32 126
Free-cash
18 068
25 154
13 158
13 096

Estimated living cost  is ₽32126 per week

₽23657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽792
-₽2062
₽4722
₽3799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 214
communal
-
-
-
5 372
pensions
-
-
-
12 740
income
-
-
-
6 850
accident
-
-
-
717
health
-
-
-
5 973
total
-
-
-
35 866
Employee
67 366
-
75 928
-
pensions
5 388
-
6 074
-
income
6 507
-
8 758
-
health
2 998
-
3 378
-
surtax
4 129
-
4 654
-
total
19 022
-
22 864
-
Employer
67 366
-
75 928
-
pensions
5 388
-
6 074
-
health
2 054
-
2 314
-
accident
606
-
684
-
total
8 048
-
9 072
-
Corporate
9 585
85 000
-
-
surtax
101
893
-
-
income
1 438
12 750
-
-
communal
-
5 738
-
-
total
1 539
19 381
-
-
Dividends
8 046
65 619
-
-
income
8 904
3 635
-
-
withholding
1 207
9 843
-
-
total
10 111
13 478
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 720
32 859
31 936
35 866
After tax
46 280
52 141
53 064
49 134
Living cost
48 342
48 342
48 342
48 342
Free-cash
-2 062
3 799
4 722
792

Estimated living cost  is ₽48342 per week

₽36264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24156
₽30655
₽22514
₽33483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
surtax
-
-
-
1 864
pensions
-
-
-
16 999
income
-
-
-
15 762
health
-
-
-
6 035
unemployment
-
-
-
203
total
-
-
-
40 863
Employee
29 957
-
70 217
-
pensions
1 999
-
4 683
-
income
5 022
-
14 687
-
other
-
-
-
-
health
765
-
1 789
-
unemployment
2 085
-
4 887
-
surtax
106
-
1 675
-
total
9 977
-
27 721
-
Employer
29 957
-
70 217
-
pensions
3 994
-
9 361
-
other
-
-
-
-
health
1 362
-
3 196
-
unemployment
950
-
2 227
-
total
6 306
-
14 784
-
Corporate
48 736
85 000
-
-
income
12 671
22 101
-
-
total
12 671
22 101
-
-
Dividends
36 065
62 899
-
-
withholding
5 410
9 435
-
-
total
5 410
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 364
31 536
42 505
40 863
After tax
50 636
53 464
42 495
44 137
Living cost
19 981
19 981
19 981
19 981
Free-cash
30 655
33 483
22 514
24 156

Estimated living cost  is ₽19981 per week

₽12063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19608
₽18738
₽15584
₽20714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
17 779
social contributions
-
-
-
21 863
municipal
-
-
-
505
regional
-
-
-
1 282
total
-
-
-
41 429
Employee
49 345
-
85 000
-
social contributions
16 640
-
28 662
-
municipal
262
-
451
-
regional
664
-
1 144
-
national
7 818
-
15 196
-
total
25 384
-
45 453
-
Employer
49 345
-
85 000
-
total
-
-
-
-
Corporate
35 655
85 000
-
-
municipal
1 773
4 224
-
-
nationa
8 557
20 401
-
-
total
10 330
24 625
-
-
Dividends
25 325
60 376
-
-
withholding
6 585
15 698
-
-
total
6 585
15 698
-
-
Income
85 000
85 000
85 000
85 000
Total tax
42 299
40 323
45 453
41 429
After tax
42 701
44 677
39 547
43 571
Living cost
23 963
23 963
23 963
23 963
Free-cash
18 738
20 714
15 584
19 608

Estimated living cost  is ₽23963 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14218
₽21645
₽15954
₽31342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 820
income
-
-
-
7 306
health
-
-
-
11 475
solidarity contribution
-
-
-
-
total
-
-
-
43 601
Employee
39 972
-
63 433
-
income
4 797
-
7 612
-
social contributions
2 598
-
4 123
-
solidarity contribution
-
-
-
-
health
5 396
-
8 563
-
total
12 791
-
20 298
-
Employer
39 972
-
63 433
-
social contributions
9 993
-
15 858
-
health
3 597
-
5 709
-
total
13 590
-
21 567
-
Corporate
31 437
85 000
-
-
income
5 973
16 150
-
-
total
5 973
16 150
-
-
Dividends
25 464
68 850
-
-
withholding
3 820
10 327
-
-
total
3 820
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 174
26 477
41 865
43 601
After tax
48 826
58 523
43 135
41 399
Living cost
27 181
27 181
27 181
27 181
Free-cash
21 645
31 342
15 954
14 218

Estimated living cost  is ₽27181 per week

₽20214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15160
₽18993
-₽2052
₽19429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
339
pensions
-
-
-
15 725
income
-
-
-
13 437
health
-
-
-
6 503
unemployment
-
-
-
5 456
total
-
-
-
41 460
Employee
38 885
35 450
66 005
-
pensions
3 982
3 629
6 759
-
income
3 464
2 615
12 067
-
other
388
355
660
-
health
1 504
1 372
2 554
-
unemployment
1 166
1 064
1 980
-
total
10 504
9 035
24 020
-
Employer
38 885
35 450
66 005
-
surtax
-
-
-
-
pensions
4 880
4 450
8 284
-
other
1 847
1 683
3 135
-
health
1 470
1 340
2 495
-
unemployment
1 166
1 064
1 980
-
chamber of commerce
155
142
263
-
payroll
1 166
1 064
1 980
-
accident
505
461
858
-
total
11 189
10 204
18 995
-
Corporate
34 924
39 347
62 629
-
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.

8 731
9 837
15 657
-
total
8 731
9 837
15 657
-
Dividends
26 193
29 510
-
-
withholding
7 203
8 115
-
-
total
7 203
8 115
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 627
37 191
58 672
41 460
After tax
47 373
47 809
26 328
43 540
Living cost
28 380
28 380
28 380
28 380
Free-cash
18 993
19 429
-2 052
15 160

Estimated living cost  is ₽28380 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72803
₽67275
₽56653
₽69403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 184
-
85 000
-
income
2 837
-
17 000
-
total
2 837
-
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%.

70 816
85 000
-
-
total
-
-
-
-
Dividends
70 816
85 000
-
-
withholding
3 541
4 250
-
-
total
3 541
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
6 378
4 250
17 000
850
After tax
78 622
80 750
68 000
84 150
Living cost
11 347
11 347
11 347
11 347
Free-cash
67 275
69 403
56 653
72 803

Estimated living cost  is ₽11347 per week

₽7678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20288
₽27221
₽17854
₽34662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 524
income
-
-
-
16 835
health
-
-
-
8 365
unemployment
-
-
-
128
total
-
-
-
40 852
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.

39 337
-
73 548
-
pensions
6 097
-
11 400
-
income
6 784
-
15 579
-
health
2 541
-
4 752
-
unemployment
56
-
103
-
total
15 478
-
31 834
-
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.

39 337
-
73 548
-
pensions
3 481
-
6 509
-
health
2 620
-
4 899
-
unemployment
24
-
44
-
total
6 125
-
11 452
-
Corporate
39 539
85 000
-
-
income
7 512
16 150
-
-
total
7 512
16 150
-
-
Dividends
32 027
68 850
-
-
withholding
4 804
10 328
-
-
total
4 804
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
33 919
26 478
43 286
40 852
After tax
51 081
58 522
41 714
44 148
Living cost
23 860
23 860
23 860
23 860
Free-cash
27 221
34 662
17 854
20 288

Estimated living cost  is ₽23860 per week

₽16375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17288
-₽58249
₽30907
₽10260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 440
-
-
-
income
13 111
-
-
-
social contributions
4 874
-
695
-
total
17 985
-
695
-
Employer
59 440
-
-
-
social contributions
83 810
-
11 944
-
total
83 810
-
11 944
-
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
101 795
33 286
12 639
26 258
After tax
-16 795
51 714
72 361
58 742
Living cost
41 454
41 454
41 454
41 454
Free-cash
-58 249
10 260
30 907
17 288

Estimated living cost  is ₽41454 per week

₽26897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19820
₽19548
₽15690
₽20445
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
29 537
income
-
-
-
7 740
total
-
-
-
37 277
Employee
40 913
-
68 686
-
income
8 510
-
17 539
-
social contributions
4 501
-
7 556
-
surtax
-
-
-
-
total
13 011
-
25 095
-
Employer
40 913
-
68 686
-
social contributions
9 717
-
16 312
-
total
9 717
-
16 312
-
Corporate
34 370
85 000
-
-
surtax
-
-
-
-
income
7 218
17 850
-
-
total
7 218
17 850
-
-
Dividends
27 152
67 150
-
-
withholding
7 603
18 802
-
-
total
7 603
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 549
36 652
41 407
37 277
After tax
47 451
48 348
43 593
47 723
Living cost
27 903
27 903
27 903
27 903
Free-cash
19 548
20 445
15 690
19 820

Estimated living cost  is ₽27903 per week

₽20877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6096
₽5990
₽5429
-₽124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 637
surtax
-
-
-
-
pensions
-
-
-
21 990
social contributions
-
-
-
2 421
income
-
-
-
7 535
health
-
-
-
1 356
total
-
-
-
35 939
Employee
55 715
-
64 771
-
pensions
6 302
-
7 325
-
income
4 861
-
7 208
-
social contributions
1 587
-
1 845
-
surtax
-
-
-
-
total
12 750
-
16 378
-
Employer
55 715
-
64 771
-
pensions
9 155
-
10 642
-
other
1 923
-
2 235
-
social contributions
167
-
194
-
health
3 900
-
4 534
-
unemployment
2 257
-
2 623
-
total
17 402
-
20 228
-
Corporate
11 884
85 000
-
-
surtax
-
-
-
-
income
3 327
23 801
-
-
total
3 327
23 801
-
-
Dividends
8 557
61 199
-
-
surtax
-
-
-
-
withholding
1 096
7 833
-
-
social contributions
1 470
10 525
-
-
total
2 566
18 358
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 045
42 159
36 606
35 939
After tax
48 955
42 841
48 394
49 061
Living cost
42 965
42 965
42 965
42 965
Free-cash
5 990
-124
5 429
6 096

Estimated living cost  is ₽42965 per week

₽29078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38271
₽46772
₽40590
₽49760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 699
income
-
-
-
1 290
total
-
-
-
19 989
Employee
28 598
-
73 592
-
social contributions
1 859
-
4 784
-
income
-
-
1 479
-
total
1 859
-
6 263
-
Employer
28 598
-
73 592
-
social contributions
4 433
-
11 407
-
total
4 433
-
11 407
-
Corporate
51 969
85 000
-
-
income
5 196
8 500
-
-
total
5 196
8 500
-
-
Dividends
46 773
76 500
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
11 488
8 500
17 670
19 989
After tax
73 512
76 500
67 330
65 011
Living cost
26 740
26 740
26 740
26 740
Free-cash
46 772
49 760
40 590
38 271

Estimated living cost  is ₽26740 per week

₽17290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2016
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.
₽6931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10183
-₽108477
-₽108477
-₽108477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
8 957
labour market
-
-
-
6 739
pensions
-
-
-
770
municipal
-
-
-
15 585
total
-
-
-
32 051
Employee
180 506
180 506
180 506
-
pensions
257
257
257
-
labour market
14 420
14 420
14 420
-
municipal
38 438
38 438
38 438
-
national
22 052
22 052
22 052
-
total
75 167
75 167
75 167
-
Employer
180 506
180 506
180 506
-
labour market
14 441
14 441
14 441
-
pensions
513
513
513
-
national
22 091
22 091
22 091
-
municipal
38 499
38 499
38 499
-
total
75 544
75 544
75 544
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
150 711
150 711
150 711
32 051
After tax
-65 711
-65 711
-65 711
52 949
Living cost
42 766
42 766
42 766
42 766
Free-cash
-108 477
-108 477
-108 477
10 183

Estimated living cost  is ₽42766 per week

₽29270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38838
₽3888
₽24047
-₽12649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
20 351
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
26 628
Employee
30 728
-
72 101
-
pensions
3 460
-
6 875
-
income
4 216
-
13 390
-
health
3 519
-
8 255
-
total
11 195
-
28 520
-
Employer
30 728
-
72 101
-
pensions
4 996
-
9 929
-
unemployment
753
-
1 766
-
accident
513
-
1 204
-
total
6 262
-
12 899
-
Corporate
48 010
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.

43 209
76 500
-
-
total
43 209
76 500
-
-
Dividends
4 801
8 500
-
-
withholding
912
1 615
-
-
total
912
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
61 578
78 115
41 419
26 628
After tax
23 422
6 885
43 581
58 372
Living cost
19 534
19 534
19 534
19 534
Free-cash
3 888
-12 649
24 047
38 838

Estimated living cost  is ₽19534 per week

₽14218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26649
₽20323
₽14655
₽22668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
8 130
municipal
-
-
-
15 131
health
-
-
-
937
total
-
-
-
24 198
Employee
46 802
-
71 509
-
pensions
3 158
-
4 826
-
health
349
-
729
-
municipal
7 666
-
11 678
-
unemployment
702
-
1 072
-
national
773
-
4 396
-
total
12 648
-
22 701
-
Employer
46 802
-
71 509
-
pensions
8 120
-
12 406
-
health
360
-
550
-
unemployment
304
-
464
-
accident
47
-
71
-
total
8 831
-
13 491
-
Corporate
29 368
85 000
-
-
income
5 873
16 999
-
-
total
5 873
16 999
-
-
Dividends

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

17 621
51 001
-
-
municipal
3 172
9 180
-
-
national
-
2 000
-
-
total
3 172
11 180
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 524
28 179
36 192
24 198
After tax
54 476
56 821
48 808
60 802
Living cost
34 153
34 153
34 153
34 153
Free-cash
20 323
22 668
14 655
26 649

Estimated living cost  is ₽34153 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40242
₽36806
₽40157
₽41645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 260
income
-
-
-
8 734
health
-
-
-
2 168
total
-
-
-
24 162
Employee
68 403
68 403
77 167
-
income
7 448
6 332
8 697
-
social contributions
2 586
5 677
6 405
-
health
530
1 163
1 312
-
total
10 564
13 172
16 414
-
Employer
68 403
68 403
77 167
-
social contributions
2 586
5 677
6 405
-
health
576
1 266
1 428
-
total
3 162
6 943
7 833
-
Corporate
50 678
9 654
-
-
income
6 335
1 207
-
-
total
6 335
1 207
-
-
Dividends
44 343
8 447
-
-
withholding
7 537
1 437
-
-
total
7 537
1 437
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 598
22 759
24 247
24 162
After tax
57 402
62 241
60 753
60 838
Living cost
20 596
20 596
20 596
20 596
Free-cash
36 806
41 645
40 157
40 242

Estimated living cost  is ₽20596 per week

₽12343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53917
₽51740
₽38315
₽56263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 659
income
-
-
-
8 056
health
-
-
-
3 219
unemployment
-
-
-
25
total
-
-
-
16 959
Employee

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

20 419
-
77 062
-
pensions
3 062
-
11 560
-
income
1 396
-
6 128
-
health
1 735
-
6 550
-
unemployment
101
-
385
-
total
6 294
-
24 623
-
Employer

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

20 419
-
77 062
-
pensions
1 123
-
4 239
-
health
878
-
3 314
-
unemployment
101
-
385
-
total
2 102
-
7 938
-
Corporate
62 480
85 000
-
-
income
5 623
7 651
-
-
total
5 623
7 651
-
-
Dividends
56 857
77 349
-
-
withholding
5 117
6 962
-
-
total
5 117
6 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
19 136
14 613
32 561
16 959
After tax
65 864
70 387
52 439
68 041
Living cost
14 124
14 124
14 124
14 124
Free-cash
51 740
56 263
38 315
53 917

Estimated living cost  is ₽14124 per week

₽9011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20760
₽28152
₽20822
₽32818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
15 042
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
39 778
Employee
32 892
-
64 452
-
pensions
1 546
-
3 028
-
income
6 341
-
15 077
-
other
32
-
64
-
unemployment
510
-
999
-
total
8 429
-
19 168
-
Employer
32 892
-
64 452
-
pensions
7 762
-
15 212
-
other
263
-
515
-
unemployment
1 810
-
3 545
-
accident
652
-
1 276
-
total
10 487
-
20 548
-
Corporate
41 621
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.

6 243
12 750
-
-
total
6 243
12 750
-
-
Dividends
35 378
72 250
-
-
withholding
7 227
14 970
-
-
total
7 227
14 970
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 386
27 720
39 716
39 778
After tax
52 614
57 280
45 284
45 222
Living cost
24 462
24 462
24 462
24 462
Free-cash
28 152
32 818
20 822
20 760

Estimated living cost  is ₽24462 per week

₽16511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52705
₽51173
₽52593
₽51437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 169
income
-
-
-
28 675
health
-
-
-
848
total
-
-
-
30 692
Employee
2 441
-
83 685
-
pensions
220
-
526
-
income
472
-
28 613
-
health
122
-
292
-
unemployment
24
-
58
-
total
838
-
29 489
-
Employer
2 441
-
83 685
-
pensions
269
-
643
-
health
232
-
555
-
unemployment
49
-
117
-
total
550
-
1 315
-
Corporate
82 010
85 000
-
-
income
18 042
18 700
-
-
total
18 042
18 700
-
-
Dividends
63 968
66 300
-
-
withholding
12 794
13 260
-
-
total
12 794
13 260
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 224
31 960
30 804
30 692
After tax
52 776
53 040
54 196
54 308
Living cost
1 603
1 603
1 603
1 603
Free-cash
51 173
51 437
52 593
52 705

Estimated living cost  is ₽1603 per week

₽952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29164
₽41694
₽29163
₽46062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 055
income
-
-
-
15 691
health
-
-
-
6 756
unemployment
-
-
-
984
total
-
-
-
40 486
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.

23 147
-
73 258
-
pensions
3 241
-
9 184
-
income
3 191
-
15 691
-
health
1 192
-
3 378
-
unemployment
174
-
492
-
total
7 798
-
28 745
-
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.

23 147
-
73 258
-
pensions
2 778
-
7 872
-
health
1 192
-
3 378
-
unemployment
174
-
492
-
total
4 144
-
11 742
-
Corporate
57 710
85 000
-
-
income
8 656
12 750
-
-
total
8 656
12 750
-
-
Dividends
49 053
72 250
-
-
withholding
7 358
10 838
-
-
total
7 358
10 838
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 956
23 588
40 487
40 486
After tax
57 044
61 412
44 513
44 514
Living cost
15 350
15 350
15 350
15 350
Free-cash
41 694
46 062
29 163
29 164

Estimated living cost  is ₽15350 per week

₽10335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23741
₽24047
₽19611
₽24366
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
29 537
income
-
-
-
7 740
total
-
-
-
37 277
Employee
34 526
-
68 686
-
income
6 746
-
17 539
-
social contributions
3 798
-
7 556
-
surtax
-
-
-
-
total
10 544
-
25 095
-
Employer
34 526
-
68 686
-
social contributions
8 199
-
16 312
-
total
8 199
-
16 312
-
Corporate
42 275
85 000
-
-
surtax
-
-
-
-
income
8 878
17 850
-
-
total
8 878
17 850
-
-
Dividends
33 397
67 150
-
-
withholding
9 350
18 802
-
-
total
9 350
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 971
36 652
41 407
37 277
After tax
48 029
48 348
43 593
47 723
Living cost
23 982
23 982
23 982
23 982
Free-cash
24 047
24 366
19 611
23 741

Estimated living cost  is ₽23982 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13959
₽19233
₽14021
₽26017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
15 042
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
39 778
Employee
42 962
-
64 452
-
pensions
2 019
-
3 028
-
income
8 973
-
15 077
-
other
42
-
64
-
unemployment
665
-
999
-
total
11 699
-
19 168
-
Employer
42 962
-
64 452
-
pensions
10 139
-
15 212
-
other
344
-
515
-
unemployment
2 363
-
3 545
-
accident
851
-
1 276
-
total
13 697
-
20 548
-
Corporate
28 341
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.

4 251
12 750
-
-
total
4 251
12 750
-
-
Dividends
24 090
72 250
-
-
withholding
4 857
14 970
-
-
total
4 857
14 970
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 504
27 720
39 716
39 778
After tax
50 496
57 280
45 284
45 222
Living cost
31 263
31 263
31 263
31 263
Free-cash
19 233
26 017
14 021
13 959

Estimated living cost  is ₽31263 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
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.
₽5940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48610
₽51915
₽51168
₽57346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
4 607
income
-
-
-
12 750
health
-
-
-
3 579
unemployment
-
-
-
125
total
-
-
-
21 061
Employee
20 297
-
78 893
-
pensions

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

1 782
-
2 733
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
income
2 030
-
7 889
-
health
934
-
1 432
-
total
4 969
-
12 396
-
Employer
20 297
-
78 893
-
pensions

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

2 237
-
3 430
-
health
1 401
-
2 148
-
unemployment
122
-
187
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
total
3 983
-
6 107
-
Corporate
60 720
85 000
-
-
income
6 072
8 500
-
-
total
6 072
8 500
-
-
Dividends
54 648
76 500
-
-
withholding
2 732
3 825
-
-
total
2 732
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 756
12 325
18 503
21 061
After tax
67 244
72 675
66 497
63 939
Living cost
15 328
15 328
15 328
15 328
Free-cash
51 915
57 346
51 168
48 610

Estimated living cost  is ₽15328 per week

₽10138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20377
₽21156
₽26640
₽9519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
935
trade
-
-
-
6 263
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.

-
-
-
17 004
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.

-
-
-
6 077
total
-
-
-
30 279
Employee

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

44 261
-
85 000
-
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.

3 640
-
17 004
-
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.

6 077
-
6 077
-
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.

201
-
935
-
total
9 918
-
24 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 739
85 000
-
-
surtax

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

336
701
-
-
income
6 111
12 750
-
-
trade
5 846
12 198
-
-
chamber of commerce
194
260
-
-
total
12 487
25 909
-
-
Dividends
28 252
59 091
-
-
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.

370
793
-
-
withholding
6 725
14 435
-
-
total
7 095
15 228
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 500
41 137
24 016
30 279
After tax
55 500
43 863
60 984
54 721
Living cost
34 344
34 344
34 344
34 344
Free-cash
21 156
9 519
26 640
20 377

Estimated living cost  is ₽34344 per week

₽23691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7554
₽10790
₽7554
₽8826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 297
social contributions
-
-
-
7 476
total
-
-
-
26 773
Employee
69 584
-
85 000
-
income
13 130
-
19 297
-
social contributions
5 781
-
7 476
-
total
18 911
-
26 773
-
Employer
69 584
-
85 000
-
total
-
-
-
-
Corporate
15 416
85 000
-
-
income
1 928
10 625
-
-
total
1 928
10 625
-
-
Dividends
13 489
74 375
-
-
withholding
2 698
14 876
-
-
total
2 698
14 876
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 537
25 501
26 773
26 773
After tax
61 463
59 499
58 227
58 227
Living cost
50 673
50 673
50 673
50 673
Free-cash
10 790
8 826
7 554
7 554

Estimated living cost  is ₽50673 per week

₽38551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21961
₽22156
₽30073
₽18259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 322
health

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

-
-
-
5 426
total
-
-
-
30 748
Employee
40 808
-
80 908
-
social contributions
4 089
-
4 092
-
income
4 428
-
14 452
-
total
8 517
-
18 544
-
Employer
40 808
-
80 908
-
social contributions
4 089
-
4 092
-
total
4 089
-
4 092
-
Corporate
40 104
85 000
-
-
income
14 037
29 750
-
-
total
14 037
29 750
-
-
Dividends
26 067
55 250
-
-
social contributions
3 910
4 700
-
-
total
3 910
4 700
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 553
34 450
22 636
30 748
After tax
54 447
50 550
62 364
54 252
Living cost
32 291
32 291
32 291
32 291
Free-cash
22 156
18 259
30 073
21 961

Estimated living cost  is ₽32291 per week

₽21270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29049
₽25836
₽20493
₽30418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
income
-
-
-
16 918
total
-
-
-
23 090
Employee
45 107
-
74 908
-
pensions
3 443
-
7 020
-
income
8 214
-
13 338
-
health
588
-
1 198
-
total
12 245
-
21 556
-
Employer
45 107
-
74 908
-
pensions
4 557
-
8 668
-
health
857
-
1 422
-
total
5 414
-
10 090
-
Corporate
34 479
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.

6 550
16 150
-
-
total
6 550
16 150
-
-
Dividends
27 929
68 850
-
-
withholding
2 094
5 571
-
-
total
2 094
5 571
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 303
21 721
31 646
23 090
After tax
58 697
63 279
53 354
61 910
Living cost
32 861
32 861
32 861
32 861
Free-cash
25 836
30 418
20 493
29 049

Estimated living cost  is ₽32861 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36904
₽3592
₽22113
-₽14583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
334
pensions
-
-
-
3 750
income
-
-
-
20 351
accident
-
-
-
228
health
-
-
-
1 965
total
-
-
-
26 628
Employee
33 769
-
72 101
-
pensions
3 802
-
6 875
-
income
4 633
-
13 390
-
health
3 866
-
8 255
-
total
12 301
-
28 520
-
Employer
33 769
-
72 101
-
pensions
5 491
-
9 929
-
unemployment
827
-
1 766
-
accident
564
-
1 204
-
total
6 882
-
12 899
-
Corporate
44 349
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.

39 914
76 500
-
-
total
39 914
76 500
-
-
Dividends
4 435
8 500
-
-
withholding
843
1 615
-
-
total
843
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
59 940
78 115
41 419
26 628
After tax
25 060
6 885
43 581
58 372
Living cost
21 468
21 468
21 468
21 468
Free-cash
3 592
-14 583
22 113
36 904

Estimated living cost  is ₽21468 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36697
₽55938
₽40547
₽59533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 640
work injury
-
-
-
425
health insurance
-
-
-
6 290
income
-
-
-
12 934
unemployment
-
-
-
1 020
total
-
-
-
36 309
Employee

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

19 190
-
85 000
-
pensions
3 531
-
13 064
-
income
1 919
-
12 934
-
health insurance
1 420
-
5 254
-
unemployment
230
-
852
-
work injury
96
-
355
-
total
7 196
-
32 459
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 810
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%.

-
850
-
-
total
-
850
-
-
Dividends
65 810
84 150
-
-
withholding
9 872
12 623
-
-
total
9 872
12 623
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 068
13 473
32 459
36 309
After tax
67 932
71 527
52 541
48 691
Living cost
11 994
11 994
11 994
11 994
Free-cash
55 938
59 533
40 547
36 697

Estimated living cost  is ₽11994 per week

₽7430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7691
₽5287
₽3805
₽9334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
17 779
social contributions
-
-
-
21 863
municipal
-
-
-
569
regional
-
-
-
1 660
total
-
-
-
41 871
Employee
74 960
-
85 000
-
social contributions
25 276
-
28 662
-
municipal
447
-
506
-
regional
1 132
-
1 393
-
national
12 668
-
15 196
-
total
39 523
-
45 757
-
Employer
74 960
-
85 000
-
total
-
-
-
-
Corporate
10 040
85 000
-
-
municipal
484
4 097
-
-
nationa
2 409
20 401
-
-
total
2 893
24 498
-
-
Dividends
7 146
60 502
-
-
withholding
1 859
15 730
-
-
total
1 859
15 730
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 275
40 228
45 757
41 871
After tax
40 725
44 772
39 243
43 129
Living cost
35 438
35 438
35 438
35 438
Free-cash
5 287
9 334
3 805
7 691

Estimated living cost  is ₽35438 per week

₽24893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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