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
₽12562
₽31691
₽25667
₽23682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 143
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.

-
-
-
832
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.

-
-
-
6 871
trade
-
-
-
6 024
total
-
-
-
28 870
Employee

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

38 468
-
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.

59
-
832
-
income

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

1 075
-
15 143
-
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.

6 871
-
6 871
-
total
8 005
-
22 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 532
85 000
-
-
income
6 980
12 749
-
-
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.

384
700
-
-
chamber of commerce
219
275
-
-
trade
7 329
13 387
-
-
total
14 912
27 111
-
-
Dividends
31 620
57 888
-
-
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.

414
775
-
-
withholding
7 524
14 089
-
-
total
7 938
14 864
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 855
41 975
22 846
28 870
After tax
54 145
43 025
62 154
56 130
Living cost
30 463
30 463
30 463
30 463
Free-cash
23 682
12 562
31 691
25 667

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽371
-₽782
-₽1449
-₽5311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
914
municipal
-
-
-
8 599
national
-
-
-
13 325
pensions
-
-
-
10 200
total
-
-
-
33 038
Employee
82 797
-
73 482
-
municipal
10 227
-
8 928
-
pensions
3 312
-
2 939
-
national
15 847
-
13 835
-
total
29 386
-
25 702
-
Employer
82 797
-
73 482
-
pensions
6 624
-
5 879
-
social contributions
890
-
790
-
total
7 514
-
6 669
-
Corporate
-
85 000
-
-
income

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

-
17 000
-
-
total
-
17 000
-
-
Dividends
-
68 000
-
-
withholding
-
14 960
-
-
total
-
14 960
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 900
31 960
32 371
33 038
After tax
48 100
53 040
52 629
51 962
Living cost
53 411
53 411
53 411
53 411
Free-cash
-5 311
-371
-782
-1 449

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47076
₽27162
₽24630
₽38826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 119
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
microenterprise
-
-
-
-
total
-
-
-
39 446
Employee
29 388
-
68 498
-
surtax
-
-
-
-
social contributions

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

3 233
-
7 535
-
income
5 231
-
12 877
-
total
8 464
-
20 412
-
Employer
29 388
-
68 498
-
social contributions

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

7 079
-
16 502
-
surtax
-
-
-
-
total
7 079
-
16 502
-
Corporate
48 533
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%.

9 707
17 000
-
-
total
9 707
17 000
-
-
Dividends

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

38 825
68 000
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
25 250
17 000
36 914
39 446
After tax
59 750
68 000
48 086
45 554
Living cost
20 924
20 924
20 924
20 924
Free-cash
38 826
47 076
27 162
24 630

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9227
-₽14873
₽6201
-₽14873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 720
health
-
-
-
11 163
pensions
-
-
-
11 784
total
-
-
-
36 667
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
57 741
52 095
57 741
36 667
After tax
27 259
32 905
27 259
48 333
Living cost
42 132
42 132
42 132
42 132
Free-cash
-14 873
-9 227
-14 873
6 201

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5204
₽4185
₽1166
₽4279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
170
other
-
-
-
9 877
unemployment
-
-
-
85
health
-
-
-
5 304
municipal
-
-
-
18 004
national
-
-
-
-
pensions
-
-
-
9 188
total
-
-
-
42 628
Employee
58 715
-
64 678
-
municipal
17 509
-
19 287
-
national
-
-
-
-
total
17 509
-
19 287
-
Employer
58 715
-
64 678
-
health
3 611
-
3 978
-
pensions
6 347
-
6 992
-
accident
117
-
129
-
unemployment
1 550
-
1 707
-
other
6 823
-
7 516
-
total
18 448
-
20 322
-
Corporate
7 837
85 000
-
-
income
1 724
18 700
-
-
total
1 724
18 700
-
-
Dividends
6 113
66 300
-
-
withholding
1 834
19 890
-
-
total
1 834
19 890
-
-
Income
85 000
85 000
85 000
85 000
Total tax
39 515
38 590
39 609
42 628
After tax
45 485
46 410
45 391
42 372
Living cost
41 206
41 206
41 206
41 206
Free-cash
4 279
5 204
4 185
1 166

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3077
₽22644
₽16353
₽17209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 143
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.

-
-
-
832
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.

-
-
-
6 871
trade
-
-
-
6 291
total
-
-
-
29 137
Employee

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

51 004
-
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.

240
-
832
-
income

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

4 382
-
15 143
-
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.

6 871
-
6 871
-
total
11 493
-
22 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 996
85 000
-
-
income
5 100
12 749
-
-
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.

281
700
-
-
chamber of commerce
200
273
-
-
trade
5 592
13 982
-
-
total
11 173
27 704
-
-
Dividends
22 824
57 295
-
-
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.

292
767
-
-
withholding
5 323
13 942
-
-
total
5 615
14 709
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 281
42 413
22 846
29 137
After tax
56 719
42 587
62 154
55 863
Living cost
39 510
39 510
39 510
39 510
Free-cash
17 209
3 077
22 644
16 353

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29636
₽29667
₽29802
₽25517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 148
social contributions
-
-
-
13 261
health
-
-
-
2 168
total
-
-
-
22 577
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
6 405
-
income
8 121
7 159
7 163
-
health
769
1 315
1 311
-
total
12 648
14 893
14 879
-
Employer
77 337
77 337
77 337
-
health
838
1 431
1 428
-
social contributions
3 758
6 419
6 405
-
total
4 596
7 850
7 833
-
Corporate
35 134
-
-
-
income
4 392
-
-
-
total
4 392
-
-
-
Dividends
30 743
-
-
-
withholding
5 226
-
-
-
total
5 226
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 862
22 743
22 712
22 577
After tax
58 138
62 257
62 288
62 423
Living cost
32 621
32 621
32 621
32 621
Free-cash
25 517
29 636
29 667
29 802

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29490
₽30820
₽40429
₽29874
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 641
10 603
71 130
-
unemployment
400
159
1 067
-
pensions
2 664
1 060
7 113
-
income
3 257
1 296
8 696
-
health
1 865
742
4 979
-
total
8 186
3 257
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.

26 641
10 603
71 130
-
pensions
5 195
2 068
13 870
-
total
5 195
2 068
13 870
-
Corporate
53 164
72 330
-
-
income
4 785
6 510
-
-
total
4 785
6 510
-
-
Dividends
48 380
65 820
-
-
social contributions
9 313
12 714
-
-
withholding
9 192
12 506
-
-
total
18 505
25 220
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 671
37 055
35 725
26 116
After tax
48 329
47 945
49 275
58 884
Living cost
18 455
18 455
18 455
18 455
Free-cash
29 874
29 490
30 820
40 429

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43707
₽24700
₽21266
₽37459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 390
health
-
-
-
11 051
pensions
-
-
-
17 000
total
-
-
-
39 441
Employee
28 531
-
63 528
-
unemployment
456
-
1 017
-
pensions
571
-
1 271
-
income
3 212
-
12 247
-
total
4 239
-
14 535
-
Employer
28 531
-
63 528
-
health
3 708
-
8 258
-
pensions
5 707
-
12 706
-
unemployment
229
-
508
-
total
9 644
-
21 472
-
Corporate
46 824
85 000
-
-
income
9 365
17 000
-
-
total
9 365
17 000
-
-
Dividends
37 459
68 000
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 248
17 000
36 007
39 441
After tax
61 752
68 000
48 993
45 559
Living cost
24 292
24 292
24 292
24 292
Free-cash
37 459
43 707
24 700
21 266

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15515
₽20455
₽36047
₽3449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
257
income
-
-
-
19 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
26 553
Employee
35 237
-
70 863
-
pensions
3 968
-
7 768
-
income
4 834
-
12 125
-
health
4 035
-
8 114
-
total
12 837
-
28 007
-
Employer
35 237
-
70 863
-
pensions
5 730
-
11 218
-
accident
588
-
1 184
-
unemployment
863
-
1 736
-
total
7 181
-
14 138
-
Corporate
42 582
85 000
-
-
income

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

38 324
76 500
-
-
total
38 324
76 500
-
-
Dividends
4 258
8 500
-
-
withholding
809
1 615
-
-
total
809
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
59 151
78 115
42 145
26 553
After tax
25 849
6 885
42 855
58 447
Living cost
22 400
22 400
22 400
22 400
Free-cash
3 449
-15 515
20 455
36 047

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72610
₽59860
₽76010
₽71084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
85 000
-
income
2 035
-
17 000
-
total
2 035
-
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%.

74 826
85 000
-
-
total
-
-
-
-
Dividends
74 826
85 000
-
-
withholding
3 741
4 250
-
-
total
3 741
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
5 776
4 250
17 000
850
After tax
79 224
80 750
68 000
84 150
Living cost
8 140
8 140
8 140
8 140
Free-cash
71 084
72 610
59 860
76 010

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35651
₽23025
₽19227
₽28855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 797
other
-
-
-
4 037
health
-
-
-
3 741
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
total
-
-
-
38 974
Employee
36 518
-
67 889
-
unemployment
365
-
679
-
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.

2 556
-
4 752
-
income
6 287
-
11 686
-
health
512
-
950
-
total
9 720
-
18 067
-
Employer
36 518
-
67 889
-
health
512
-
950
-
pensions

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

6 209
-
11 541
-
accident
292
-
544
-
unemployment
365
-
679
-
other
1 827
-
3 395
-
total
9 205
-
17 109
-
Corporate
39 279
85 000
-
-
income
8 249
17 849
-
-
total
8 249
17 849
-
-
Dividends
31 030
67 151
-
-
withholding
2 172
4 701
-
-
total
2 172
4 701
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 346
22 550
35 176
38 974
After tax
55 654
62 450
49 824
46 026
Living cost
26 799
26 799
26 799
26 799
Free-cash
28 855
35 651
23 025
19 227

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3171
-₽13141
-₽3642
-₽22562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 803
pensions
-
-
-
5 980
total
-
-
-
21 783
Employee
94 595
-
75 095
-
pensions
9 126
-
6 786
-
income
17 052
-
13 430
-
health
1 559
-
1 160
-
total
27 737
-
21 376
-
Employer
94 595
-
75 095
-
health
1 797
-
1 427
-
pensions
11 169
-
8 479
-
total
12 966
-
9 906
-
Corporate
-
85 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
16 149
-
-
total
-
16 149
-
-
Dividends
-
68 851
-
-
withholding
-
5 163
-
-
total
-
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
40 703
21 312
31 282
21 783
After tax
44 297
63 688
53 718
63 217
Living cost
66 859
66 859
66 859
66 859
Free-cash
-22 562
-3 171
-13 141
-3 642

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59470
₽51989
₽49652
₽54791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 750
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 143
Employee
17 485
-
78 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
7 810
-
health
804
-
1 618
-
total
4 280
-
12 904
-
Employer
17 485
-
78 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
64 084
85 000
-
-
income
6 408
8 500
-
-
total
6 408
8 500
-
-
Dividends
57 676
76 500
-
-
withholding
2 884
3 825
-
-
total
2 884
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 004
12 325
19 806
22 143
After tax
67 996
72 675
65 194
62 857
Living cost
13 205
13 205
13 205
13 205
Free-cash
54 791
59 470
51 989
49 652

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
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.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22865
-₽28511
-₽7437
-₽24571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 720
health
-
-
-
11 163
pensions
-
-
-
11 784
total
-
-
-
36 667
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
53 801
52 095
57 741
36 667
After tax
31 199
32 905
27 259
48 333
Living cost
55 770
55 770
55 770
55 770
Free-cash
-24 571
-22 865
-28 511
-7 437

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33529
₽18142
₽16406
₽24612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 306
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
health
-
-
-
11 475
total
-
-
-
43 601
Employee
36 754
-
63 433
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 123
-
income
4 411
-
7 612
-
health
4 962
-
8 563
-
total
11 762
-
20 298
-
Employer
36 754
-
63 433
-
health
3 308
-
5 709
-
social contributions
9 189
-
15 858
-
total
12 497
-
21 567
-
Corporate
35 749
85 000
-
-
income
6 792
16 150
-
-
total
6 792
16 150
-
-
Dividends
28 957
68 850
-
-
withholding
4 344
10 328
-
-
total
4 344
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 395
26 478
41 865
43 601
After tax
49 605
58 522
43 135
41 399
Living cost
24 993
24 993
24 993
24 993
Free-cash
24 612
33 529
18 142
16 406

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Brno model

Close
Milan , Italy
₽2912
-₽1729
₽2315
-₽4384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 861
regional
-
-
-
910
municipal
-
-
-
506
national
-
-
-
16 969
total
-
-
-
40 246
Employee
89 385
-
85 000
-
municipal
473
-
450
-
national
15 488
-
14 385
-
regional
843
-
794
-
social contributions
30 141
-
28 661
-
total
46 945
-
44 290
-
Employer
89 385
-
85 000
-
total
-
-
-
-
Corporate
-
85 000
-
-
municipal
-
3 315
-
-
nationa
-
20 399
-
-
total
-
23 714
-
-
Dividends
-
61 286
-
-
withholding
-
15 935
-
-
total
-
15 935
-
-
Income
85 000
85 000
85 000
85 000
Total tax
46 945
39 649
44 290
40 246
After tax
38 055
45 351
40 710
44 754
Living cost
42 439
42 439
42 439
42 439
Free-cash
-4 384
2 912
-1 729
2 315

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31273
₽21511
₽23135
₽28140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 826
other
-
-
-
-
surtax
-
-
-
1 582
unemployment
-
-
-
229
health
-
-
-
6 035
pensions
-
-
-
17 000
total
-
-
-
39 672
Employee
33 259
-
70 220
-
other
-
-
-
-
unemployment
2 315
-
4 888
-
pensions
2 218
-
4 684
-
surtax
109
-
1 393
-
income
5 575
-
13 761
-
health
849
-
1 790
-
total
11 066
-
26 516
-
Employer
33 259
-
70 220
-
health
1 514
-
3 195
-
pensions
4 434
-
9 360
-
unemployment
1 054
-
2 225
-
other
-
-
-
-
total
7 002
-
14 780
-
Corporate
44 740
85 000
-
-
income
11 633
22 100
-
-
total
11 633
22 100
-
-
Dividends
33 107
62 900
-
-
withholding
4 966
9 434
-
-
total
4 966
9 434
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 667
31 534
41 296
39 672
After tax
50 333
53 466
43 704
45 328
Living cost
22 193
22 193
22 193
22 193
Free-cash
28 140
31 273
21 511
23 135

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18012
₽8042
₽17541
₽10143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 803
pensions
-
-
-
5 980
total
-
-
-
21 783
Employee
63 395
-
75 095
-
pensions
5 381
-
6 786
-
income
11 418
-
13 430
-
health
920
-
1 160
-
total
17 719
-
21 376
-
Employer
63 395
-
75 095
-
health
1 204
-
1 427
-
pensions
6 863
-
8 479
-
total
8 067
-
9 906
-
Corporate
13 538
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.

2 572
16 149
-
-
total
2 572
16 149
-
-
Dividends
10 966
68 851
-
-
withholding
823
5 163
-
-
total
823
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 181
21 312
31 282
21 783
After tax
55 819
63 688
53 718
63 217
Living cost
45 676
45 676
45 676
45 676
Free-cash
10 143
18 012
8 042
17 541

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40878
-₽12634
-₽8297
-₽17213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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.

-
-
-
1 700
regional
-
-
-
2 515
health
-
-
-
260
city
-
-
-
895
national
-
-
-
362
pensions
-
-
-
7 820
total
-
-
-
13 552
Employee
93 322
-
76 078
-
unemployment
-
-
-
-
pensions
7 840
-
6 390
-
national
442
-
304
-
regional
3 056
-
2 122
-
city
1 002
-
817
-
health
211
-
172
-
total
12 551
-
9 805
-
Employer
93 322
-
76 078
-
health
211
-
172
-
pensions
7 840
-
6 390
-
unemployment
-
-
-
-
other

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

1 866
-
1 522
-
total
9 917
-
8 084
-
Corporate
-
85 000
-
-
regional
-
17 977
-
-
national
-
7 226
-
-
total
-
25 203
-
-
Dividends
-
59 798
-
-
withholding
-
20 930
-
-
total
-
20 930
-
-
Income
85 000
85 000
85 000
85 000
Total tax
22 468
46 133
17 889
13 552
After tax
62 532
38 867
67 111
71 448
Living cost
79 745
79 745
79 745
79 745
Free-cash
-17 213
-40 878
-12 634
-8 297

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3925
₽16080
₽9522
₽12384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 143
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.

-
-
-
832
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.

-
-
-
6 871
trade
-
-
-
6 558
total
-
-
-
29 404
Employee

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

60 444
-
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.

391
-
832
-
income

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

7 108
-
15 143
-
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.

6 871
-
6 871
-
total
14 370
-
22 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 556
85 000
-
-
income
3 684
12 749
-
-
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.

202
700
-
-
chamber of commerce
187
273
-
-
trade
4 212
14 578
-
-
total
8 285
28 300
-
-
Dividends
16 271
56 699
-
-
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.

202
758
-
-
withholding
3 685
13 793
-
-
total
3 887
14 551
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 542
42 851
22 846
29 404
After tax
58 458
42 149
62 154
55 596
Living cost
46 074
46 074
46 074
46 074
Free-cash
12 384
-3 925
16 080
9 522

Estimated living cost  is ₽46074 per week

₽33650
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.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8431
₽15228
₽14970
₽14368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 887
other
-
-
-
2 636
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
735
pensions
-
-
-
23 940
total
-
-
-
35 620
Employee
43 044
-
64 773
-
pensions
4 867
-
7 327
-
surtax
-
-
-
-
social contributions
1 227
-
1 846
-
income
2 540
-
5 958
-
total
8 634
-
15 131
-
Employer
43 044
-
64 773
-
health
3 014
-
4 535
-
pensions
7 071
-
10 644
-
unemployment
1 743
-
2 622
-
social contributions
130
-
195
-
other
1 485
-
2 235
-
total
13 443
-
20 231
-
Corporate
28 513
85 000
-
-
income
7 984
23 800
-
-
surtax
-
-
-
-
total
7 984
23 800
-
-
Dividends
20 530
61 200
-
-
surtax
-
-
-
-
social contributions
3 533
10 526
-
-
withholding
2 628
7 833
-
-
total
6 161
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 222
42 159
35 362
35 620
After tax
48 778
42 841
49 638
49 380
Living cost
34 410
34 410
34 410
34 410
Free-cash
14 368
8 431
15 228
14 970

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11840
₽18637
₽18379
₽17426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 887
other
-
-
-
2 636
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
735
pensions
-
-
-
23 940
total
-
-
-
35 620
Employee
38 423
-
64 773
-
pensions
4 346
-
7 327
-
surtax
-
-
-
-
social contributions
1 096
-
1 846
-
income
1 981
-
5 958
-
total
7 423
-
15 131
-
Employer
38 423
-
64 773
-
health
2 689
-
4 535
-
pensions
6 314
-
10 644
-
unemployment
1 556
-
2 622
-
social contributions
115
-
195
-
other
1 326
-
2 235
-
total
12 000
-
20 231
-
Corporate
34 577
85 000
-
-
income
9 682
23 800
-
-
surtax
-
-
-
-
total
9 682
23 800
-
-
Dividends
24 895
61 200
-
-
surtax
-
-
-
-
social contributions
4 281
10 526
-
-
withholding
3 187
7 833
-
-
total
7 468
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 573
42 159
35 362
35 620
After tax
48 427
42 841
49 638
49 380
Living cost
31 001
31 001
31 001
31 001
Free-cash
17 426
11 840
18 637
18 379

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30531
₽34214
₽33260
₽31055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 749
social contributions
-
-
-
11 730
health
-
-
-
5 934
total
-
-
-
30 413
Employee
34 101
-
85 000
-
social contributions
4 707
-
11 730
-
income
5 688
-
11 795
-
health
2 380
-
5 934
-
total
12 775
-
29 459
-
Employer
34 101
-
85 000
-
total
-
-
-
-
Corporate
50 899
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%.

2 544
4 250
-
-
total
2 544
4 250
-
-
Dividends
48 355
80 750
-
-
social contributions
6 672
11 144
-
-
withholding
7 253
12 112
-
-
health
3 374
5 636
-
-
total
17 299
28 892
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 618
33 142
29 459
30 413
After tax
52 382
51 858
55 541
54 587
Living cost
21 327
21 327
21 327
21 327
Free-cash
31 055
30 531
34 214
33 260

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12474
-₽7209
₽9499
₽10915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 127
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
340
health
-
-
-
6 503
pensions
-
-
-
15 725
total
-
-
-
40 062
Employee
50 263
40 080
65 849
-
other
502
401
658
-
unemployment
1 508
1 202
1 975
-
pensions
5 147
4 103
6 743
-
income
5 722
2 956
10 190
-
health
1 945
1 552
2 548
-
total
14 824
10 214
22 114
-
Employer
50 263
40 080
65 849
-
chamber of commerce
200
160
263
-
health
1 899
1 515
2 489
-
pensions
6 308
5 031
8 264
-
accident
653
521
857
-
unemployment
1 508
1 202
1 975
-
surtax
198
198
198
-
payroll
1 508
1 202
1 975
-
other
2 388
1 903
3 128
-
total
14 662
11 732
19 149
-
Corporate
20 075
33 185
62 032
-
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.

5 020
8 297
15 507
-
total
5 020
8 297
15 507
-
Dividends
15 056
24 889
-
-
withholding
4 140
6 844
-
-
total
4 140
6 844
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 646
37 087
56 770
40 062
After tax
46 354
47 913
28 230
44 938
Living cost
35 439
35 439
35 439
35 439
Free-cash
10 915
12 474
-7 209
9 499

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11058
-₽2604
₽4920
-₽7884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 355
social contributions
-
-
-
12 419
national
-
-
-
26 635
total
-
-
-
43 409
Employee

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

71 942
-
65 834
-
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.

626
-
573
-
communal

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

3 752
-
3 434
-
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.

5 396
-
4 938
-
national
22 118
-
19 726
-
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.

3 380
-
3 096
-
total
35 272
-
31 767
-
Employer

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

71 942
-
65 834
-
health

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

4 424
-
4 050
-
pensions

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

6 375
-
5 833
-
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.

935
-
855
-
unemployment

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

1 050
-
962
-
surtax
8 157
-
7 466
-
total
20 941
-
19 166
-
Corporate
-
85 000
-
-
income
-
17 000
-
-
surtax
-
340
-
-
total
-
17 340
-
-
Dividends
-
67 660
-
-
withholding

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

-
19 931
-
-
total
-
19 931
-
-
Income
85 000
85 000
85 000
85 000
Total tax
56 213
37 271
50 933
43 409
After tax
28 787
47 729
34 067
41 591
Living cost
36 671
36 671
36 671
36 671
Free-cash
-7 884
11 058
-2 604
4 920

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20985
₽9432
₽8828
₽12970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
765
income
-
-
-
14 348
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 056
total
-
-
-
39 850
Employee
50 064
-
64 450
-
other
50
-
65
-
unemployment
777
-
998
-
pensions
2 353
-
3 029
-
income
10 563
-
14 606
-
total
13 743
-
18 698
-
Employer
50 064
-
64 450
-
pensions
11 814
-
15 210
-
accident
991
-
1 277
-
unemployment
2 754
-
3 544
-
other
399
-
517
-
total
15 958
-
20 548
-
Corporate
18 979
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.

2 848
12 749
-
-
total
2 848
12 749
-
-
Dividends
16 131
72 251
-
-
withholding
3 159
14 944
-
-
total
3 159
14 944
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 708
27 693
39 246
39 850
After tax
49 292
57 307
45 754
45 150
Living cost
36 322
36 322
36 322
36 322
Free-cash
12 970
20 985
9 432
8 828

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2203
-₽134
-₽4344
-₽263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
5 373
accident
-
-
-
716
income
-
-
-
5 673
surtax
-
-
-
4 214
health
-
-
-
5 972
pensions
-
-
-
12 740
total
-
-
-
34 688
Employee
76 164
-
75 927
-
pensions
6 092
-
6 075
-
surtax
4 668
-
4 653
-
income
7 357
-
7 299
-
health
3 390
-
3 378
-
total
21 507
-
21 405
-
Employer
76 164
-
75 927
-
health
2 323
-
2 315
-
pensions
6 092
-
6 075
-
accident
685
-
683
-
total
9 100
-
9 073
-
Corporate
-
85 000
-
-
communal
-
5 737
-
-
income
-
12 749
-
-
surtax
-
893
-
-
total
-
19 379
-
-
Dividends
-
65 620
-
-
income
-
3 325
-
-
withholding
-
9 843
-
-
total
-
13 168
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 607
32 547
30 478
34 688
After tax
54 393
52 453
54 522
50 312
Living cost
54 656
54 656
54 656
54 656
Free-cash
-263
-2 203
-134
-4 344

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30876
₽21114
₽22738
₽27675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 826
other
-
-
-
-
surtax
-
-
-
1 582
unemployment
-
-
-
229
health
-
-
-
6 035
pensions
-
-
-
17 000
total
-
-
-
39 672
Employee
33 870
-
70 220
-
other
-
-
-
-
unemployment
2 357
-
4 888
-
pensions
2 260
-
4 684
-
surtax
120
-
1 393
-
income
5 678
-
13 761
-
health
865
-
1 790
-
total
11 280
-
26 516
-
Employer
33 870
-
70 220
-
health
1 540
-
3 195
-
pensions
4 516
-
9 360
-
unemployment
1 075
-
2 225
-
other
-
-
-
-
total
7 131
-
14 780
-
Corporate
43 999
85 000
-
-
income
11 440
22 100
-
-
total
11 440
22 100
-
-
Dividends
32 559
62 900
-
-
withholding
4 884
9 434
-
-
total
4 884
9 434
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 735
31 534
41 296
39 672
After tax
50 265
53 466
43 704
45 328
Living cost
22 590
22 590
22 590
22 590
Free-cash
27 675
30 876
21 114
22 738

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17586
₽13267
₽17290
₽15352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 861
regional
-
-
-
1 281
municipal
-
-
-
506
national
-
-
-
16 969
total
-
-
-
40 617
Employee
55 790
-
85 000
-
municipal
296
-
450
-
national
8 839
-
14 385
-
regional
751
-
1 144
-
social contributions
18 813
-
28 661
-
total
28 699
-
44 640
-
Employer
55 790
-
85 000
-
total
-
-
-
-
Corporate
29 210
85 000
-
-
municipal
1 452
4 224
-
-
nationa
7 010
20 399
-
-
total
8 462
24 623
-
-
Dividends
20 747
60 377
-
-
withholding
5 394
15 698
-
-
total
5 394
15 698
-
-
Income
85 000
85 000
85 000
85 000
Total tax
42 555
40 321
44 640
40 617
After tax
42 445
44 679
40 360
44 383
Living cost
27 093
27 093
27 093
27 093
Free-cash
15 352
17 586
13 267
17 290

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27724
₽12337
₽10601
₽16737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 306
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
health
-
-
-
11 475
total
-
-
-
43 601
Employee
45 291
-
63 433
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 123
-
income
5 435
-
7 612
-
health
6 114
-
8 563
-
total
14 493
-
20 298
-
Employer
45 291
-
63 433
-
health
4 076
-
5 709
-
social contributions
11 323
-
15 858
-
total
15 399
-
21 567
-
Corporate
24 310
85 000
-
-
income
4 619
16 150
-
-
total
4 619
16 150
-
-
Dividends
19 691
68 850
-
-
withholding
2 954
10 328
-
-
total
2 954
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 465
26 478
41 865
43 601
After tax
47 535
58 522
43 135
41 399
Living cost
30 798
30 798
30 798
30 798
Free-cash
16 737
27 724
12 337
10 601

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15933
-₽3813
₽13049
₽15433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 127
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
340
health
-
-
-
6 503
pensions
-
-
-
15 725
total
-
-
-
39 864
Employee
43 964
40 080
66 002
-
other
439
401
660
-
unemployment
1 319
1 202
1 979
-
pensions
4 502
4 103
6 758
-
income
3 916
2 956
10 234
-
health
1 701
1 552
2 554
-
total
11 877
10 214
22 185
-
Employer
43 964
40 080
66 002
-
chamber of commerce
176
160
263
-
health
1 662
1 515
2 495
-
pensions
5 518
5 031
8 283
-
accident
571
521
859
-
unemployment
1 319
1 202
1 979
-
surtax
-
-
-
-
payroll
1 319
1 202
1 979
-
other
2 088
1 903
3 136
-
total
12 653
11 534
18 994
-
Corporate
28 384
33 384
62 188
-
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.

7 096
8 346
15 547
-
total
7 096
8 346
15 547
-
Dividends
21 288
25 038
-
-
withholding
5 854
6 886
-
-
total
5 854
6 886
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 480
36 980
56 726
39 864
After tax
47 520
48 020
28 274
45 136
Living cost
32 087
32 087
32 087
32 087
Free-cash
15 433
15 933
-3 813
13 049

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68066
₽55316
₽71466
₽65688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
85 000
-
income
3 171
-
17 000
-
total
3 171
-
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%.

69 145
85 000
-
-
total
-
-
-
-
Dividends
69 145
85 000
-
-
withholding
3 457
4 250
-
-
total
3 457
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
6 628
4 250
17 000
850
After tax
78 372
80 750
68 000
84 150
Living cost
12 684
12 684
12 684
12 684
Free-cash
65 688
68 066
55 316
71 466

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31546
₽15248
₽17685
₽23134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 325
unemployment
-
-
-
128
health
-
-
-
8 363
pensions
-
-
-
15 523
total
-
-
-
40 339
Employee

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

44 474
-
73 548
-
unemployment
63
-
103
-
pensions
6 894
-
11 400
-
income
7 670
-
15 070
-
health
2 872
-
4 752
-
total
17 499
-
31 325
-
Employer

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

44 474
-
73 548
-
health
2 962
-
4 899
-
pensions
3 936
-
6 508
-
unemployment
27
-
44
-
total
6 925
-
11 451
-
Corporate
33 601
85 000
-
-
income
6 384
16 151
-
-
total
6 384
16 151
-
-
Dividends
27 217
68 849
-
-
withholding
4 082
10 327
-
-
total
4 082
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 890
26 478
42 776
40 339
After tax
50 110
58 522
42 224
44 661
Living cost
26 976
26 976
26 976
26 976
Free-cash
23 134
31 546
15 248
17 685

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7711
₽27581
₽14739
-₽67057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 568
social contributions
-
-
-
9 690
total
-
-
-
26 258
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
33 286
13 416
26 258
After tax
-23 054
51 714
71 584
58 742
Living cost
44 003
44 003
44 003
44 003
Free-cash
-67 057
7 711
27 581
14 739

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16802
₽12707
₽16440
₽15788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 476
surtax
-
-
-
-
social contributions

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

-
-
-
29 537
total
-
-
-
37 013
Employee
46 257
-
68 687
-
surtax
-
-
-
-
social contributions
5 088
-
7 556
-
income
9 622
-
16 877
-
total
14 710
-
24 433
-
Employer
46 257
-
68 687
-
social contributions
10 986
-
16 313
-
total
10 986
-
16 313
-
Corporate
27 758
85 000
-
-
income
5 829
17 849
-
-
surtax
-
-
-
-
total
5 829
17 849
-
-
Dividends
21 929
67 151
-
-
withholding
6 140
18 802
-
-
total
6 140
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 665
36 651
40 746
37 013
After tax
47 335
48 349
44 254
47 987
Living cost
31 547
31 547
31 547
31 547
Free-cash
15 788
16 802
12 707
16 440

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5735
₽1062
₽804
₽1178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 887
other
-
-
-
2 636
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
735
pensions
-
-
-
23 940
total
-
-
-
35 620
Employee
62 992
-
64 773
-
pensions
7 125
-
7 327
-
surtax
-
-
-
-
social contributions
1 794
-
1 846
-
income
5 496
-
5 958
-
total
14 415
-
15 131
-
Employer
62 992
-
64 773
-
health
4 409
-
4 535
-
pensions
10 350
-
10 644
-
unemployment
2 552
-
2 622
-
social contributions
189
-
195
-
other
2 174
-
2 235
-
total
19 674
-
20 231
-
Corporate
2 334
85 000
-
-
income
653
23 800
-
-
surtax
-
-
-
-
total
653
23 800
-
-
Dividends
1 682
61 200
-
-
surtax
-
-
-
-
social contributions
288
10 526
-
-
withholding
216
7 833
-
-
total
504
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 246
42 159
35 362
35 620
After tax
49 754
42 841
49 638
49 380
Living cost
48 576
48 576
48 576
48 576
Free-cash
1 178
-5 735
1 062
804

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46267
₽37426
₽35043
₽42889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
1 025
social contributions
-
-
-
18 700
total
-
-
-
19 725
Employee
32 334
-
73 592
-
income
-
-
1 151
-
social contributions
2 101
-
4 785
-
total
2 101
-
5 936
-
Employer
32 334
-
73 592
-
social contributions
5 012
-
11 406
-
total
5 012
-
11 406
-
Corporate
47 654
85 000
-
-
income
4 766
8 501
-
-
total
4 766
8 501
-
-
Dividends
42 889
76 499
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
11 879
8 501
17 342
19 725
After tax
73 121
76 499
67 658
65 275
Living cost
30 232
30 232
30 232
30 232
Free-cash
42 889
46 267
37 426
35 043

Estimated living cost  is ₽30232 per week

₽19548
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.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽134026
-₽134026
₽5006
-₽134026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
6 730
municipal
-
-
-
15 201
national
-
-
-
8 778
pensions
-
-
-
871
total
-
-
-
31 580
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
170 612
170 612
170 612
31 580
After tax
-85 612
-85 612
-85 612
53 420
Living cost
48 414
48 414
48 414
48 414
Free-cash
-134 026
-134 026
-134 026
5 006

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15185
₽20785
₽36377
₽3499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
257
income
-
-
-
19 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
26 553
Employee
34 717
-
70 863
-
pensions
3 909
-
7 768
-
income
4 763
-
12 125
-
health
3 975
-
8 114
-
total
12 647
-
28 007
-
Employer
34 717
-
70 863
-
pensions
5 645
-
11 218
-
accident
580
-
1 184
-
unemployment
851
-
1 736
-
total
7 076
-
14 138
-
Corporate
43 207
85 000
-
-
income

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

38 887
76 500
-
-
total
38 887
76 500
-
-
Dividends
4 321
8 500
-
-
withholding
821
1 615
-
-
total
821
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
59 431
78 115
42 145
26 553
After tax
25 569
6 885
42 855
58 447
Living cost
22 070
22 070
22 070
22 070
Free-cash
3 499
-15 185
20 785
36 377

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19094
₽11111
₽23490
₽15294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
health
-
-
-
889
municipal
-
-
-
15 139
national
-
-
-
6 869
total
-
-
-
22 897
Employee
52 914
-
71 508
-
municipal
8 667
-
11 686
-
unemployment
794
-
1 073
-
pensions
3 571
-
4 827
-
national
874
-
3 516
-
health
395
-
681
-
total
14 301
-
21 783
-
Employer
52 914
-
71 508
-
health
407
-
550
-
pensions
9 180
-
12 406
-
accident
53
-
71
-
unemployment
344
-
466
-
total
9 984
-
13 493
-
Corporate
22 102
85 000
-
-
income
4 420
17 000
-
-
total
4 420
17 000
-
-
Dividends

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

13 261
51 000
-
-
municipal
2 388
9 180
-
-
national
-
1 113
-
-
total
2 388
10 293
-
-
Income
85 000
85 000
85 000
85 000
Total tax
31 093
27 293
35 276
22 897
After tax
53 907
57 707
49 724
62 103
Living cost
38 613
38 613
38 613
38 613
Free-cash
15 294
19 094
11 111
23 490

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38971
₽39002
₽39137
₽33550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 148
social contributions
-
-
-
13 261
health
-
-
-
2 168
total
-
-
-
22 577
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
6 405
-
income
8 421
7 159
7 163
-
health
599
1 315
1 311
-
total
11 944
14 893
14 879
-
Employer
77 337
77 337
77 337
-
health
651
1 431
1 428
-
social contributions
2 924
6 419
6 405
-
total
3 575
7 850
7 833
-
Corporate
46 195
-
-
-
income
5 774
-
-
-
total
5 774
-
-
-
Dividends
40 422
-
-
-
withholding
6 871
-
-
-
total
6 871
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 164
22 743
22 712
22 577
After tax
56 836
62 257
62 288
62 423
Living cost
23 286
23 286
23 286
23 286
Free-cash
33 550
38 971
39 002
39 137

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽54421
₽36513
₽51079
₽49304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 886
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
17 953
Employee

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

23 085
-
77 062
-
unemployment
115
-
386
-
pensions
3 462
-
11 558
-
income
1 578
-
6 087
-
health
1 962
-
6 550
-
total
7 117
-
24 581
-
Employer

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

23 085
-
77 062
-
health
992
-
3 313
-
pensions
1 269
-
4 239
-
unemployment
115
-
386
-
total
2 376
-
7 938
-
Corporate
59 538
85 000
-
-
income
5 359
7 650
-
-
total
5 359
7 650
-
-
Dividends
54 179
77 350
-
-
withholding
4 876
6 961
-
-
total
4 876
6 961
-
-
Income
85 000
85 000
85 000
85 000
Total tax
19 728
14 611
32 519
17 953
After tax
65 272
70 389
52 481
67 047
Living cost
15 968
15 968
15 968
15 968
Free-cash
49 304
54 421
36 513
51 079

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29650
₽18097
₽17493
₽24372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
765
income
-
-
-
14 348
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 056
total
-
-
-
39 850
Employee
37 188
-
64 450
-
other
36
-
65
-
unemployment
576
-
998
-
pensions
1 748
-
3 029
-
income
7 170
-
14 606
-
total
9 530
-
18 698
-
Employer
37 188
-
64 450
-
pensions
8 776
-
15 210
-
accident
737
-
1 277
-
unemployment
2 046
-
3 544
-
other
298
-
517
-
total
11 857
-
20 548
-
Corporate
35 955
85 000
-
-
income

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

5 394
12 749
-
-
total
5 394
12 749
-
-
Dividends
30 562
72 251
-
-
withholding
6 190
14 944
-
-
total
6 190
14 944
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 971
27 693
39 246
39 850
After tax
52 029
57 307
45 754
45 150
Living cost
27 657
27 657
27 657
27 657
Free-cash
24 372
29 650
18 097
17 493

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51081
₽52001
₽52140
₽50760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 436
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
30 901
Employee
2 983
-
83 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
28 361
-
health
149
-
357
-
total
1 024
-
29 432
-
Employer
2 983
-
83 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
81 346
85 000
-
-
income
17 896
18 700
-
-
total
17 896
18 700
-
-
Dividends
63 450
66 300
-
-
withholding
12 690
13 260
-
-
total
12 690
13 260
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 281
31 960
31 040
30 901
After tax
52 719
53 040
53 960
54 099
Living cost
1 959
1 959
1 959
1 959
Free-cash
50 760
51 081
52 001
52 140

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44020
₽26240
₽25691
₽39070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 820
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
41 916
Employee

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

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

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

26 227
-
72 095
-
unemployment
197
-
541
-
pensions
3 672
-
10 093
-
income
3 615
-
14 115
-
health
1 351
-
3 713
-
total
8 835
-
28 462
-
Employer

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

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

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

26 227
-
72 095
-
health
1 351
-
3 713
-
pensions
3 147
-
8 651
-
unemployment
197
-
541
-
total
4 695
-
12 905
-
Corporate
54 078
85 000
-
-
income
8 112
12 750
-
-
total
8 112
12 750
-
-
Dividends
45 966
72 250
-
-
withholding
6 895
10 837
-
-
total
6 895
10 837
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 537
23 587
41 367
41 916
After tax
56 463
61 413
43 633
43 084
Living cost
17 393
17 393
17 393
17 393
Free-cash
39 070
44 020
26 240
25 691

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21235
₽17140
₽20873
₽20873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 476
surtax
-
-
-
-
social contributions

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

-
-
-
29 537
total
-
-
-
37 013
Employee
39 035
-
68 687
-
surtax
-
-
-
-
social contributions
4 294
-
7 556
-
income
7 627
-
16 877
-
total
11 921
-
24 433
-
Employer
39 035
-
68 687
-
social contributions
9 270
-
16 313
-
total
9 270
-
16 313
-
Corporate
36 695
85 000
-
-
income
7 705
17 849
-
-
surtax
-
-
-
-
total
7 705
17 849
-
-
Dividends
28 990
67 151
-
-
withholding
8 117
18 802
-
-
total
8 117
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 013
36 651
40 746
37 013
After tax
47 987
48 349
44 254
47 987
Living cost
27 114
27 114
27 114
27 114
Free-cash
20 873
21 235
17 140
20 873

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21961
₽10408
₽9804
₽14290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
765
income
-
-
-
14 348
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 056
total
-
-
-
39 850
Employee
48 573
-
64 450
-
other
48
-
65
-
unemployment
752
-
998
-
pensions
2 283
-
3 029
-
income
10 145
-
14 606
-
total
13 228
-
18 698
-
Employer
48 573
-
64 450
-
pensions
11 463
-
15 210
-
accident
962
-
1 277
-
unemployment
2 672
-
3 544
-
other
389
-
517
-
total
15 486
-
20 548
-
Corporate
20 941
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.

3 142
12 749
-
-
total
3 142
12 749
-
-
Dividends
17 799
72 251
-
-
withholding
3 508
14 944
-
-
total
3 508
14 944
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 364
27 693
39 246
39 850
After tax
49 636
57 307
45 754
45 150
Living cost
35 346
35 346
35 346
35 346
Free-cash
14 290
21 961
10 408
9 804

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
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.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55350
₽47869
₽45532
₽49212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 750
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 143
Employee
22 941
-
78 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
7 810
-
health
1 055
-
1 618
-
total
5 615
-
12 904
-
Employer
22 941
-
78 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
57 558
85 000
-
-
income
5 756
8 500
-
-
total
5 756
8 500
-
-
Dividends
51 803
76 500
-
-
withholding
2 591
3 825
-
-
total
2 591
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
18 463
12 325
19 806
22 143
After tax
66 537
72 675
65 194
62 857
Living cost
17 325
17 325
17 325
17 325
Free-cash
49 212
55 350
47 869
45 532

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5068
₽23325
₽17838
₽18227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 143
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.

-
-
-
832
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.

-
-
-
6 871
trade
-
-
-
5 487
total
-
-
-
28 333
Employee

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

50 042
-
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.

227
-
832
-
income

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

4 115
-
15 143
-
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.

6 871
-
6 871
-
total
11 213
-
22 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 958
85 000
-
-
income
5 243
12 749
-
-
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.

288
700
-
-
chamber of commerce
204
277
-
-
trade
5 016
12 198
-
-
total
10 751
25 924
-
-
Dividends
24 207
59 076
-
-
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.

311
792
-
-
withholding
5 669
14 387
-
-
total
5 980
15 179
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 944
41 103
22 846
28 333
After tax
57 056
43 897
62 154
56 667
Living cost
38 829
38 829
38 829
38 829
Free-cash
18 227
5 068
23 325
17 838

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2207
₽3102
₽3102
₽4430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 376
social contributions
-
-
-
7 230
total
-
-
-
24 606
Employee
78 672
-
85 000
-
income
14 845
-
17 376
-
social contributions
6 536
-
7 230
-
total
21 381
-
24 606
-
Employer
78 672
-
85 000
-
total
-
-
-
-
Corporate
6 328
85 000
-
-
income
790
10 625
-
-
total
790
10 625
-
-
Dividends
5 538
74 375
-
-
withholding
1 107
14 876
-
-
total
1 107
14 876
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 278
25 501
24 606
24 606
After tax
61 722
59 499
60 394
60 394
Living cost
57 292
57 292
57 292
57 292
Free-cash
4 430
2 207
3 102
3 102

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13428
₽25675
₽13785
₽18917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
80 374
-
income
5 006
-
13 564
-
social contributions
4 623
-
4 626
-
total
9 629
-
18 190
-
Employer
46 138
-
80 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
34 240
85 000
-
-
income
11 984
29 749
-
-
total
11 984
29 749
-
-
Dividends
22 256
55 251
-
-
social contributions
3 338
5 314
-
-
total
3 338
5 314
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 574
35 063
22 816
34 706
After tax
55 426
49 937
62 184
50 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
18 917
13 428
25 675
13 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26555
₽16585
₽26084
₽20912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 803
pensions
-
-
-
5 980
total
-
-
-
21 783
Employee
50 971
-
75 095
-
pensions
3 890
-
6 786
-
income
9 282
-
13 430
-
health
665
-
1 160
-
total
13 837
-
21 376
-
Employer
50 971
-
75 095
-
health
969
-
1 427
-
pensions
5 150
-
8 479
-
total
6 119
-
9 906
-
Corporate
27 911
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.

5 304
16 149
-
-
total
5 304
16 149
-
-
Dividends
22 607
68 851
-
-
withholding
1 695
5 163
-
-
total
1 695
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 955
21 312
31 282
21 783
After tax
58 045
63 688
53 718
63 217
Living cost
37 133
37 133
37 133
37 133
Free-cash
20 912
26 555
16 585
26 084

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17370
₽18600
₽34192
₽3165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
257
income
-
-
-
19 462
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
26 553
Employee
38 154
-
70 863
-
pensions
4 296
-
7 768
-
income
5 234
-
12 125
-
health
4 368
-
8 114
-
total
13 898
-
28 007
-
Employer
38 154
-
70 863
-
pensions
6 204
-
11 218
-
accident
637
-
1 184
-
unemployment
935
-
1 736
-
total
7 776
-
14 138
-
Corporate
39 071
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.

35 164
76 500
-
-
total
35 164
76 500
-
-
Dividends
3 907
8 500
-
-
withholding
742
1 615
-
-
total
742
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
57 580
78 115
42 145
26 553
After tax
27 420
6 885
42 855
58 447
Living cost
24 255
24 255
24 255
24 255
Free-cash
3 165
-17 370
18 600
34 192

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58661
₽36670
₽35416
₽53769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 620
unemployment
-
-
-
1 020
work injury
-
-
-
425
health insurance
-
-
-
6 290
pensions
-
-
-
15 640
total
-
-
-
35 995
Employee

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

21 742
-
85 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
12 620
-
total
8 153
-
34 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 258
85 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
63 258
85 000
-
-
withholding
9 489
12 750
-
-
total
9 489
12 750
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 642
12 750
34 741
35 995
After tax
67 358
72 250
50 259
49 005
Living cost
13 589
13 589
13 589
13 589
Free-cash
53 769
58 661
36 670
35 416

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4705
₽92
₽3980
₽132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 861
regional
-
-
-
1 554
municipal
-
-
-
569
national
-
-
-
16 969
total
-
-
-
40 953
Employee
84 751
-
85 000
-
municipal
506
-
508
-
national
14 322
-
14 385
-
regional
1 280
-
1 287
-
social contributions
28 577
-
28 661
-
total
44 685
-
44 841
-
Employer
84 751
-
85 000
-
total
-
-
-
-
Corporate
249
85 000
-
-
municipal
11
4 098
-
-
nationa
59
20 399
-
-
total
70
24 497
-
-
Dividends
179
60 503
-
-
withholding
46
15 731
-
-
total
46
15 731
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 801
40 228
44 841
40 953
After tax
40 199
44 772
40 159
44 047
Living cost
40 067
40 067
40 067
40 067
Free-cash
132
4 705
92
3 980

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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