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
₽33754
₽15596
₽26990
₽25602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
surtax

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

-
-
-
922
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.

-
-
-
6 179
trade
-
-
-
6 764
income

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

-
-
-
16 749
total
-
-
-
30 614
Employee

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

34 595
-
85 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 179
-
6 179
-
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.

966
-
16 749
-
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.

53
-
922
-
total
7 198
-
23 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 405
85 000
-
-
trade
7 939
13 388
-
-
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.

415
702
-
-
chamber of commerce
209
259
-
-
income
7 561
12 750
-
-
total
16 124
27 099
-
-
Dividends
34 281
57 901
-
-
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.

453
778
-
-
withholding
8 227
14 131
-
-
total
8 680
14 909
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 002
42 008
23 850
30 614
After tax
52 998
42 992
61 150
54 386
Living cost
27 396
27 396
27 396
27 396
Free-cash
25 602
15 596
33 754
26 990

Estimated living cost  is ₽27396 per week

₽17233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽4129
₽4869
₽3462
₽3549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
13 525
pensions
-
-
-
10 200
municipal
-
-
-
8 728
total
-
-
-
33 367
Employee
74 674
-
73 482
-
pensions
2 987
-
2 939
-
municipal
9 223
-
9 057
-
national
14 293
-
14 035
-
total
26 503
-
26 031
-
Employer
74 674
-
73 482
-
pensions
5 974
-
5 879
-
social contributions
803
-
790
-
total
6 777
-
6 669
-
Corporate
-
85 000
-
-
income

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

-
17 000
-
-
total
-
17 000
-
-
Dividends
-
68 000
-
-
withholding
-
14 960
-
-
total
-
14 960
-
-
Income
85 000
85 000
85 000
85 000
Total tax
33 280
31 960
32 700
33 367
After tax
51 720
53 040
52 300
51 633
Living cost
48 171
48 171
48 171
48 171
Free-cash
3 549
4 869
4 129
3 462

Estimated living cost  is ₽48171 per week

₽32741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽721
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29155
₽49183
₽26622
₽41763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
85 000
surtax
-
-
-
-
social contributions

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

-
-
-
27 327
income
-
-
-
12 234
microenterprise
-
-
-
-
total
-
-
-
39 561
Employee
26 430
-
68 498
-
income
4 705
-
12 991
-
social contributions

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

2 908
-
7 535
-
surtax
-
-
-
-
total
7 613
-
20 526
-
Employer
26 430
-
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.

6 366
-
16 502
-
surtax
-
-
-
-
total
6 366
-
16 502
-
Corporate
52 204
85 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

10 441
17 000
-
-
total
10 441
17 000
-
-
Dividends

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

41 763
68 000
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
24 420
17 000
37 028
39 561
After tax
60 580
68 000
47 972
45 439
Living cost
18 817
18 817
18 817
18 817
Free-cash
41 763
49 183
29 155
26 622

Estimated living cost  is ₽18817 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4817
₽260
₽10387
-₽4817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
10 527
income
-
-
-
15 599
pensions
-
-
-
10 597
total
-
-
-
36 723
Employee
77 240
77 240
77 240
-
pensions
13 903
10 597
13 903
-
health
11 855
10 084
11 855
-
income

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

12 643
12 643
12 643
-
total
38 401
33 324
38 401
-
Employer
77 240
77 240
77 240
-
unemployment
2 781
2 781
2 781
-
health
5 369
5 369
5 369
-
pensions
5 376
5 376
5 376
-
total
13 526
13 526
13 526
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
51 927
46 850
51 927
36 723
After tax
33 073
38 150
33 073
48 277
Living cost
37 890
37 890
37 890
37 890
Free-cash
-4 817
260
-4 817
10 387

Estimated living cost  is ₽37890 per week

₽26852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8620
₽9640
₽6499
₽8814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
5 029
national
-
-
-
-
pensions
-
-
-
8 711
unemployment
-
-
-
81
accident
-
-
-
161
municipal
-
-
-
18 385
other
-
-
-
9 364
total
-
-
-
41 731
Employee
52 394
-
64 678
-
municipal
15 624
-
19 287
-
national
-
-
-
-
total
15 624
-
19 287
-
Employer
52 394
-
64 678
-
accident
105
-
129
-
unemployment
1 383
-
1 708
-
health
3 222
-
3 978
-
other
6 088
-
7 516
-
pensions
5 664
-
6 992
-
total
16 462
-
20 323
-
Corporate
16 144
85 000
-
-
income
3 552
18 700
-
-
total
3 552
18 700
-
-
Dividends
12 592
66 300
-
-
withholding
3 778
19 890
-
-
total
3 778
19 890
-
-
Income
85 000
85 000
85 000
85 000
Total tax
39 416
38 590
39 610
41 731
After tax
45 584
46 410
45 390
43 269
Living cost
36 770
36 770
36 770
36 770
Free-cash
8 814
9 640
8 620
6 499

Estimated living cost  is ₽36770 per week

₽24370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25618
₽7024
₽18553
₽19733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
surtax

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

-
-
-
922
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.

-
-
-
6 179
trade
-
-
-
7 065
income

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

-
-
-
16 749
total
-
-
-
30 915
Employee

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

45 868
-
85 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 179
-
6 179
-
income

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

3 941
-
16 749
-
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.

216
-
922
-
total
10 336
-
23 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 132
85 000
-
-
trade
6 437
13 982
-
-
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.

323
702
-
-
chamber of commerce
192
257
-
-
income
5 870
12 750
-
-
total
12 822
27 691
-
-
Dividends
26 310
57 309
-
-
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.

343
769
-
-
withholding
6 234
13 984
-
-
total
6 577
14 753
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 735
42 444
23 850
30 915
After tax
55 265
42 556
61 150
54 085
Living cost
35 532
35 532
35 532
35 532
Free-cash
19 733
7 024
25 618
18 553

Estimated living cost  is ₽35532 per week

₽23764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31621
₽32914
₽31705
₽29162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
13 259
health
-
-
-
2 168
income
-
-
-
8 531
total
-
-
-
23 958
Employee
69 551
69 551
77 166
-
health
692
1 183
1 311
-
income
7 303
6 438
8 495
-
social contributions
3 380
5 772
6 404
-
total
11 375
13 393
16 210
-
Employer
69 551
69 551
77 166
-
health
754
1 287
1 428
-
social contributions
3 380
5 772
6 404
-
total
4 134
7 059
7 832
-
Corporate
40 155
8 390
-
-
income
5 019
1 049
-
-
total
5 019
1 049
-
-
Dividends
35 136
7 341
-
-
withholding
5 973
1 248
-
-
total
5 973
1 248
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 501
22 749
24 042
23 958
After tax
58 499
62 251
60 958
61 042
Living cost
29 337
29 337
29 337
29 337
Free-cash
29 162
32 914
31 621
31 705

Estimated living cost  is ₽29337 per week

₽20055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31364
₽30024
₽40973
₽30396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 854
10 290
71 130
-
pensions
2 585
1 029
7 113
-
health
1 810
720
4 979
-
income
3 161
1 258
8 696
-
unemployment
388
154
1 067
-
total
7 944
3 161
21 855
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 854
10 290
71 130
-
pensions
5 042
2 006
13 870
-
total
5 042
2 006
13 870
-
Corporate
54 104
72 704
-
-
income
4 869
6 543
-
-
total
4 869
6 543
-
-
Dividends
49 235
66 161
-
-
withholding
9 355
12 571
-
-
social contributions
9 483
12 784
-
-
total
18 838
25 355
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 693
37 065
35 725
26 116
After tax
48 307
47 935
49 275
58 884
Living cost
17 911
17 911
17 911
17 911
Free-cash
30 396
30 024
31 364
40 973

Estimated living cost  is ₽17911 per week

₽12222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27148
₽46153
₽23713
₽40534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
11 050
income
-
-
-
11 390
pensions
-
-
-
17 000
total
-
-
-
39 440
Employee
25 659
-
63 527
-
pensions
513
-
1 270
-
income
2 889
-
12 248
-
unemployment
410
-
1 016
-
total
3 812
-
14 534
-
Employer
25 659
-
63 527
-
unemployment
206
-
508
-
health
3 335
-
8 258
-
pensions
5 132
-
12 705
-
total
8 673
-
21 471
-
Corporate
50 668
85 000
-
-
income
10 134
17 000
-
-
total
10 134
17 000
-
-
Dividends
40 534
68 000
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
22 619
17 000
36 005
39 440
After tax
62 381
68 000
48 995
45 560
Living cost
21 847
21 847
21 847
21 847
Free-cash
40 534
46 153
27 148
23 713

Estimated living cost  is ₽21847 per week

₽14984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23785
-₽12916
₽38570
₽3848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 963
income
-
-
-
20 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
26 629
Employee
31 148
-
72 113
-
pensions
3 507
-
6 867
-
health
3 566
-
8 257
-
income
4 273
-
13 403
-
total
11 346
-
28 527
-
Employer
31 148
-
72 113
-
accident
520
-
1 204
-
unemployment
763
-
1 767
-
pensions
5 065
-
9 916
-
total
6 348
-
12 887
-
Corporate
47 504
85 000
-
-
income

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

42 754
76 500
-
-
total
42 754
76 500
-
-
Dividends
4 751
8 500
-
-
withholding
903
1 615
-
-
total
903
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
61 351
78 115
41 414
26 629
After tax
23 649
6 885
43 586
58 371
Living cost
19 801
19 801
19 801
19 801
Free-cash
3 848
-12 916
23 785
38 570

Estimated living cost  is ₽19801 per week

₽14512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1097
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.
₽3779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60155
₽72905
₽76305
₽71434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
microenterprise

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

-
-
-
850
total
-
-
-
850
Employee
9 805
-
85 000
-
income
1 961
-
17 000
-
total
1 961
-
17 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

75 195
85 000
-
-
total
-
-
-
-
Dividends
75 195
85 000
-
-
withholding
3 760
4 250
-
-
total
3 760
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
5 721
4 250
17 000
850
After tax
79 279
80 750
68 000
84 150
Living cost
7 845
7 845
7 845
7 845
Free-cash
71 434
72 905
60 155
76 305

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25719
₽38349
₽21926
₽32238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
3 740
income
-
-
-
10 796
pensions

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

-
-
-
20 400
other
-
-
-
4 037
total
-
-
-
38 973
Employee
32 841
-
67 891
-
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.

2 298
-
4 753
-
health
460
-
951
-
income
5 654
-
11 687
-
unemployment
328
-
680
-
total
8 740
-
18 071
-
Employer
32 841
-
67 891
-
accident
263
-
542
-
unemployment
328
-
680
-
health
460
-
951
-
other
1 643
-
3 395
-
pensions

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

5 584
-
11 541
-
total
8 278
-
17 109
-
Corporate
43 882
85 000
-
-
income
9 216
17 849
-
-
total
9 216
17 849
-
-
Dividends
34 667
67 151
-
-
withholding
2 427
4 701
-
-
total
2 427
4 701
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 661
22 550
35 180
38 973
After tax
56 339
62 450
49 820
46 027
Living cost
24 101
24 101
24 101
24 101
Free-cash
32 238
38 349
25 719
21 926

Estimated living cost  is ₽24101 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7483
₽2765
₽1449
-₽13006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 502
pensions
-
-
-
6 129
total
-
-
-
22 631
Employee
86 192
-
74 950
-
pensions
8 315
-
6 965
-
health
1 420
-
1 190
-
income
15 537
-
13 358
-
total
25 272
-
21 513
-
Employer
86 192
-
74 950
-
health
1 637
-
1 424
-
pensions
10 177
-
8 626
-
total
11 814
-
10 050
-
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.

-
16 151
-
-
total
-
16 151
-
-
Dividends
-
68 849
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 086
21 315
31 563
22 631
After tax
47 914
63 685
53 437
62 369
Living cost
60 920
60 920
60 920
60 920
Free-cash
-13 006
2 765
-7 483
1 449

Estimated living cost  is ₽60920 per week

₽45648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33446
₽49482
₽32558
₽41262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
7 106
income
-
-
-
12 750
pensions

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

-
-
-
9 145
unemployment
-
-
-
247
total
-
-
-
29 248
Employee
30 712
-
72 877
-
pensions

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

2 697
-
5 426
-
accident

We are using the highest rate at 1.1%.

338
-
680
-
health
1 413
-
2 842
-
income
3 071
-
7 288
-
total
7 519
-
16 236
-
Employer
30 712
-
72 877
-
accident

We are using the highest rate at 1.1%.

338
-
680
-
unemployment
184
-
371
-
health
2 120
-
4 264
-
pensions

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

3 385
-
6 809
-
total
6 027
-
12 124
-
Corporate
48 262
85 000
-
-
income
4 827
8 500
-
-
total
4 827
8 500
-
-
Dividends
43 435
76 500
-
-
withholding
2 171
3 824
-
-
total
2 171
3 824
-
-
Income
85 000
85 000
85 000
85 000
Total tax
20 544
12 324
28 360
29 248
After tax
64 456
72 676
56 640
55 752
Living cost
23 194
23 194
23 194
23 194
Free-cash
41 262
49 482
33 446
32 558

Estimated living cost  is ₽23194 per week

₽13541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17082
-₽12005
-₽1878
-₽13539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
10 527
income
-
-
-
15 599
pensions
-
-
-
10 597
total
-
-
-
36 723
Employee
83 857
77 240
77 240
-
pensions
10 597
10 597
13 903
-
health
10 462
10 084
11 855
-
income

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

12 643
12 643
12 643
-
total
33 702
33 324
38 401
-
Employer
83 857
77 240
77 240
-
unemployment
3 019
2 781
2 781
-
health
5 827
5 369
5 369
-
pensions
5 836
5 376
5 376
-
total
14 682
13 526
13 526
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
48 384
46 850
51 927
36 723
After tax
36 616
38 150
33 073
48 277
Living cost
50 155
50 155
50 155
50 155
Free-cash
-13 539
-12 005
-17 082
-1 878

Estimated living cost  is ₽50155 per week

₽36998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20533
₽35921
₽18797
₽27857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
24 820
health
-
-
-
11 475
income
-
-
-
7 306
solidarity contribution
-
-
-
-
total
-
-
-
43 601
Employee
33 239
-
63 433
-
health
4 487
-
8 563
-
income
3 989
-
7 612
-
social contributions
2 161
-
4 123
-
solidarity contribution
-
-
-
-
total
10 637
-
20 298
-
Employer
33 239
-
63 433
-
health
2 991
-
5 709
-
social contributions
8 310
-
15 858
-
total
11 301
-
21 567
-
Corporate
40 460
85 000
-
-
income
7 687
16 150
-
-
total
7 687
16 150
-
-
Dividends
32 773
68 850
-
-
withholding
4 916
10 327
-
-
total
4 916
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 541
26 477
41 865
43 601
After tax
50 459
58 523
43 135
41 399
Living cost
22 602
22 602
22 602
22 602
Free-cash
27 857
35 921
20 533
18 797

Estimated living cost  is ₽22602 per week

₽15700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1817
₽7186
₽5863
₽2463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 862
national
-
-
-
17 676
regional
-
-
-
928
municipal
-
-
-
505
total
-
-
-
40 971
Employee
80 385
-
85 000
-
municipal
426
-
451
-
national
13 929
-
15 091
-
regional
758
-
812
-
social contributions
27 106
-
28 663
-
total
42 219
-
45 017
-
Employer
80 385
-
85 000
-
total
-
-
-
-
Corporate
4 615
85 000
-
-
nationa
1 107
20 400
-
-
municipal
180
3 314
-
-
total
1 287
23 714
-
-
Dividends
3 327
61 286
-
-
withholding
865
15 934
-
-
total
865
15 934
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 371
39 648
45 017
40 971
After tax
40 629
45 352
39 983
44 029
Living cost
38 166
38 166
38 166
38 166
Free-cash
2 463
7 186
1 817
5 863

Estimated living cost  is ₽38166 per week

₽26605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22692
₽33505
₽24330
₽30693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
1 828
health
-
-
-
6 035
income
-
-
-
15 642
pensions
-
-
-
17 000
unemployment
-
-
-
206
other
-
-
-
-
total
-
-
-
40 711
Employee
29 911
-
70 220
-
pensions
1 994
-
4 684
-
other
-
-
-
-
health
764
-
1 792
-
income
5 014
-
14 567
-
unemployment
2 082
-
4 887
-
surtax
98
-
1 639
-
total
9 952
-
27 569
-
Employer
29 911
-
70 220
-
unemployment
947
-
2 226
-
health
1 361
-
3 194
-
other
-
-
-
-
pensions
3 987
-
9 360
-
total
6 295
-
14 780
-
Corporate
48 793
85 000
-
-
income
12 686
22 101
-
-
total
12 686
22 101
-
-
Dividends
36 107
62 899
-
-
withholding
5 415
9 435
-
-
total
5 415
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 348
31 536
42 349
40 711
After tax
50 652
53 464
42 651
44 289
Living cost
19 959
19 959
19 959
19 959
Free-cash
30 693
33 505
22 692
24 330

Estimated living cost  is ₽19959 per week

₽12204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11818
₽22066
₽20750
₽14900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 502
pensions
-
-
-
6 129
total
-
-
-
22 631
Employee
57 764
-
74 950
-
pensions
4 903
-
6 965
-
health
839
-
1 190
-
income
10 404
-
13 358
-
total
16 146
-
21 513
-
Employer
57 764
-
74 950
-
health
1 097
-
1 424
-
pensions
6 253
-
8 626
-
total
7 350
-
10 050
-
Corporate
19 886
85 000
-
-
income

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

3 777
16 151
-
-
total
3 777
16 151
-
-
Dividends
16 108
68 849
-
-
withholding
1 208
5 164
-
-
total
1 208
5 164
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 481
21 315
31 563
22 631
After tax
56 519
63 685
53 437
62 369
Living cost
41 619
41 619
41 619
41 619
Free-cash
14 900
22 066
11 818
20 750

Estimated living cost  is ₽41619 per week

₽31181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4869
-₽32879
-₽508
-₽6962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
896
health
-
-
-
234
national
-
-
-
392
pensions
-
-
-
7 821
regional
-
-
-
2 716
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.

-
-
-
1 701
total
-
-
-
13 760
Employee
83 963
-
76 079
-
pensions
7 054
-
6 391
-
city
901
-
818
-
health
190
-
171
-
national
397
-
335
-
regional
2 749
-
2 322
-
unemployment
-
-
-
-
total
11 291
-
10 037
-
Employer
83 963
-
76 079
-
unemployment
-
-
-
-
health
190
-
171
-
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.

1 679
-
1 522
-
pensions
7 054
-
6 391
-
total
8 923
-
8 084
-
Corporate
-
85 000
-
-
national
-
7 225
-
-
regional
-
17 978
-
-
total
-
25 203
-
-
Dividends
-
59 797
-
-
withholding
-
20 928
-
-
total
-
20 928
-
-
Income
85 000
85 000
85 000
85 000
Total tax
20 214
46 131
18 121
13 760
After tax
64 786
38 869
66 879
71 240
Living cost
71 748
71 748
71 748
71 748
Free-cash
-6 962
-32 879
-4 869
-508

Estimated living cost  is ₽71748 per week

₽46657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽881
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19715
₽684
₽12350
₽15350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
surtax

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

-
-
-
922
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.

-
-
-
6 179
trade
-
-
-
7 365
income

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

-
-
-
16 749
total
-
-
-
31 215
Employee

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

54 358
-
85 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 179
-
6 179
-
income

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

6 392
-
16 749
-
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.

352
-
922
-
total
12 923
-
23 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 642
85 000
-
-
trade
5 256
14 578
-
-
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.

252
702
-
-
chamber of commerce
180
257
-
-
income
4 597
12 750
-
-
total
10 285
28 287
-
-
Dividends
20 357
56 713
-
-
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.

261
760
-
-
withholding
4 746
13 834
-
-
total
5 007
14 594
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 215
42 881
23 850
31 215
After tax
56 785
42 119
61 150
53 785
Living cost
41 435
41 435
41 435
41 435
Free-cash
15 350
684
19 715
12 350

Estimated living cost  is ₽41435 per week

₽30262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17612
₽11896
₽18157
₽17238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
1 274
income
-
-
-
7 325
pensions
-
-
-
22 240
other
-
-
-
2 636
total
-
-
-
35 897
Employee
38 711
-
64 770
-
pensions
4 377
-
7 327
-
income
2 285
-
7 045
-
social contributions
1 104
-
1 845
-
surtax
-
-
-
-
total
7 766
-
16 217
-
Employer
38 711
-
64 770
-
unemployment
1 567
-
2 623
-
health
2 710
-
4 533
-
other
1 335
-
2 235
-
pensions
6 359
-
10 640
-
social contributions
117
-
194
-
total
12 088
-
20 225
-
Corporate
34 201
85 000
-
-
surtax
-
-
-
-
income
9 576
23 800
-
-
total
9 576
23 800
-
-
Dividends
24 625
61 200
-
-
surtax
-
-
-
-
withholding
3 151
7 834
-
-
social contributions
4 236
10 525
-
-
total
7 387
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 817
42 159
36 442
35 897
After tax
48 183
42 841
48 558
49 103
Living cost
30 946
30 946
30 946
30 946
Free-cash
17 238
11 896
17 612
18 157

Estimated living cost  is ₽30946 per week

₽19512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽20678
₽14962
₽21224
₽19986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
1 274
income
-
-
-
7 325
pensions
-
-
-
22 240
other
-
-
-
2 636
total
-
-
-
35 897
Employee
34 555
-
64 770
-
pensions
3 908
-
7 327
-
income
1 782
-
7 045
-
social contributions
985
-
1 845
-
surtax
-
-
-
-
total
6 675
-
16 217
-
Employer
34 555
-
64 770
-
unemployment
1 399
-
2 623
-
health
2 418
-
4 533
-
other
1 193
-
2 235
-
pensions
5 678
-
10 640
-
social contributions
103
-
194
-
total
10 791
-
20 225
-
Corporate
39 654
85 000
-
-
surtax
-
-
-
-
income
11 104
23 800
-
-
total
11 104
23 800
-
-
Dividends
28 550
61 200
-
-
surtax
-
-
-
-
withholding
3 654
7 834
-
-
social contributions
4 911
10 525
-
-
total
8 565
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 135
42 159
36 442
35 897
After tax
47 865
42 841
48 558
49 103
Living cost
27 880
27 880
27 880
27 880
Free-cash
19 986
14 962
20 678
21 224

Estimated living cost  is ₽27880 per week

₽16169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35838
₽32678
₽35407
₽33147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
11 730
health
-
-
-
5 934
income
-
-
-
12 750
total
-
-
-
30 414
Employee
30 667
-
85 000
-
health
2 140
-
5 934
-
income
5 115
-
12 319
-
social contributions
4 233
-
11 730
-
total
11 488
-
29 983
-
Employer
30 667
-
85 000
-
total
-
-
-
-
Corporate
54 333
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%.

2 717
4 250
-
-
total
2 717
4 250
-
-
Dividends
51 615
80 750
-
-
withholding
7 743
12 113
-
-
health
3 603
5 637
-
-
social contributions
7 123
11 143
-
-
total
18 469
28 893
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 674
33 143
29 983
30 414
After tax
52 326
51 857
55 017
54 586
Living cost
19 179
19 179
19 179
19 179
Free-cash
33 147
32 678
35 838
35 407

Estimated living cost  is ₽19179 per week

₽12835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5384
₽15870
₽11614
₽14470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
179
chamber of commerce
-
-
-
340
health
-
-
-
6 502
income
-
-
-
13 222
pensions
-
-
-
15 724
unemployment
-
-
-
5 548
total
-
-
-
41 515
Employee
45 202
36 045
65 865
-
pensions
4 629
3 690
6 744
-
other
451
360
659
-
health
1 749
1 395
2 549
-
income
5 146
2 659
11 840
-
unemployment
1 356
1 081
1 976
-
total
13 331
9 185
23 768
-
Employer
45 202
36 045
65 865
-
accident
587
469
857
-
unemployment
1 356
1 081
1 976
-
health
1 708
1 363
2 491
-
other
2 147
1 711
3 129
-
pensions
5 673
4 525
8 266
-
payroll
1 356
1 081
1 976
-
surtax
179
179
179
-
chamber of commerce
180
144
263
-
total
13 186
10 553
19 137
-
Corporate
26 612
38 402
62 432
-
income

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

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

6 653
9 600
15 608
-
total
6 653
9 600
15 608
-
Dividends
19 959
28 802
-
-
withholding
5 489
7 921
-
-
total
5 489
7 921
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 659
37 259
58 513
41 515
After tax
46 341
47 741
26 487
43 485
Living cost
31 871
31 871
31 871
31 871
Free-cash
14 470
15 870
-5 384
11 614

Estimated living cost  is ₽31871 per week

₽21256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽483
₽14712
₽7608
₽1146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
12 966
national
-
-
-
27 125
communal

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

-
-
-
4 322
total
-
-
-
44 413
Employee

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

64 698
-
65 834
-
pensions

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

4 852
-
4 938
-
health

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

3 040
-
3 095
-
national
19 891
-
20 334
-
communal

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

3 375
-
3 433
-
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.

563
-
573
-
total
31 721
-
32 373
-
Employer

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

64 698
-
65 834
-
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.

841
-
857
-
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.

944
-
961
-
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.

3 979
-
4 049
-
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.

5 733
-
5 832
-
surtax
7 336
-
7 466
-
total
18 833
-
19 165
-
Corporate
1 469
85 000
-
-
surtax
5
340
-
-
income
294
17 000
-
-
total
299
17 340
-
-
Dividends
1 170
67 661
-
-
withholding

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

22
19 969
-
-
total
22
19 969
-
-
Income
85 000
85 000
85 000
85 000
Total tax
50 875
37 309
51 538
44 413
After tax
34 125
47 691
33 462
40 587
Living cost
32 979
32 979
32 979
32 979
Free-cash
1 146
14 712
483
7 608

Estimated living cost  is ₽32979 per week

₽21243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12736
₽24618
₽12379
₽17412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 805
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
39 956
Employee
45 023
-
64 453
-
pensions
2 116
-
3 030
-
other
45
-
65
-
income
9 500
-
14 960
-
unemployment
699
-
999
-
total
12 360
-
19 054
-
Employer
45 023
-
64 453
-
accident
891
-
1 275
-
unemployment
2 477
-
3 544
-
other
359
-
515
-
pensions
10 625
-
15 211
-
total
14 352
-
20 545
-
Corporate
25 626
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.

3 843
12 750
-
-
total
3 843
12 750
-
-
Dividends
21 783
72 250
-
-
withholding
4 368
14 967
-
-
total
4 368
14 967
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 923
27 717
39 599
39 956
After tax
50 077
57 283
45 401
45 044
Living cost
32 665
32 665
32 665
32 665
Free-cash
17 412
24 618
12 736
12 379

Estimated living cost  is ₽32665 per week

₽24054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4119
₽3030
₽150
-₽2861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
4 214
health
-
-
-
5 971
income
-
-
-
6 681
pensions
-
-
-
12 741
communal
-
-
-
5 372
accident
-
-
-
717
total
-
-
-
35 696
Employee
68 496
-
75 925
-
pensions
5 479
-
6 074
-
health
3 048
-
3 380
-
income
6 616
-
8 546
-
surtax
4 198
-
4 653
-
total
19 341
-
22 653
-
Employer
68 496
-
75 925
-
accident
616
-
683
-
health
2 089
-
2 317
-
pensions
5 479
-
6 074
-
total
8 184
-
9 074
-
Corporate
8 320
85 000
-
-
surtax
88
893
-
-
communal
-
5 738
-
-
income
1 248
12 750
-
-
total
1 336
19 381
-
-
Dividends
6 985
65 620
-
-
income
8 799
3 591
-
-
withholding
1 047
9 844
-
-
total
9 846
13 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 707
32 816
31 727
35 696
After tax
46 293
52 184
53 273
49 304
Living cost
49 154
49 154
49 154
49 154
Free-cash
-2 861
3 030
4 119
150

Estimated living cost  is ₽49154 per week

₽36872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22335
₽33148
₽23973
₽30273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
1 828
health
-
-
-
6 035
income
-
-
-
15 642
pensions
-
-
-
17 000
unemployment
-
-
-
206
other
-
-
-
-
total
-
-
-
40 711
Employee
30 460
-
70 220
-
pensions
2 032
-
4 684
-
other
-
-
-
-
health
778
-
1 792
-
income
5 106
-
14 567
-
unemployment
2 120
-
4 887
-
surtax
108
-
1 639
-
total
10 144
-
27 569
-
Employer
30 460
-
70 220
-
unemployment
966
-
2 226
-
health
1 385
-
3 194
-
other
-
-
-
-
pensions
4 061
-
9 360
-
total
6 412
-
14 780
-
Corporate
48 127
85 000
-
-
income
12 513
22 101
-
-
total
12 513
22 101
-
-
Dividends
35 615
62 899
-
-
withholding
5 342
9 435
-
-
total
5 342
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 411
31 536
42 349
40 711
After tax
50 589
53 464
42 651
44 289
Living cost
20 316
20 316
20 316
20 316
Free-cash
30 273
33 148
22 335
23 973

Estimated living cost  is ₽20316 per week

₽12266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15286
₽20312
₽19311
₽18306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 862
national
-
-
-
17 676
regional
-
-
-
1 281
municipal
-
-
-
505
total
-
-
-
41 324
Employee
50 173
-
85 000
-
municipal
266
-
451
-
national
7 949
-
15 091
-
regional
675
-
1 144
-
social contributions
16 919
-
28 663
-
total
25 809
-
45 349
-
Employer
50 173
-
85 000
-
total
-
-
-
-
Corporate
34 827
85 000
-
-
nationa
8 359
20 400
-
-
municipal
1 730
4 224
-
-
total
10 089
24 624
-
-
Dividends
24 738
60 376
-
-
withholding
6 431
15 699
-
-
total
6 431
15 699
-
-
Income
85 000
85 000
85 000
85 000
Total tax
42 329
40 323
45 349
41 324
After tax
42 671
44 677
39 651
43 676
Living cost
24 365
24 365
24 365
24 365
Free-cash
18 306
20 312
15 286
19 311

Estimated living cost  is ₽24365 per week

₽15153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15283
₽30671
₽13547
₽20735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
24 820
health
-
-
-
11 475
income
-
-
-
7 306
solidarity contribution
-
-
-
-
total
-
-
-
43 601
Employee
40 959
-
63 433
-
health
5 529
-
8 563
-
income
4 915
-
7 612
-
social contributions
2 662
-
4 123
-
solidarity contribution
-
-
-
-
total
13 106
-
20 298
-
Employer
40 959
-
63 433
-
health
3 686
-
5 709
-
social contributions
10 240
-
15 858
-
total
13 926
-
21 567
-
Corporate
30 115
85 000
-
-
income
5 722
16 150
-
-
total
5 722
16 150
-
-
Dividends
24 393
68 850
-
-
withholding
3 659
10 327
-
-
total
3 659
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 413
26 477
41 865
43 601
After tax
48 587
58 523
43 135
41 399
Living cost
27 852
27 852
27 852
27 852
Free-cash
20 735
30 671
15 283
13 547

Estimated living cost  is ₽27852 per week

₽20713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2337
₽18983
₽14808
₽18534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
-
chamber of commerce
-
-
-
340
health
-
-
-
6 502
income
-
-
-
13 222
pensions
-
-
-
15 724
unemployment
-
-
-
5 548
total
-
-
-
41 336
Employee
39 538
36 045
66 001
-
pensions
4 049
3 690
6 759
-
other
395
360
661
-
health
1 529
1 395
2 554
-
income
3 522
2 659
11 886
-
unemployment
1 186
1 081
1 981
-
total
10 681
9 185
23 841
-
Employer
39 538
36 045
66 001
-
accident
513
469
858
-
unemployment
1 186
1 081
1 981
-
health
1 495
1 363
2 494
-
other
1 878
1 711
3 136
-
pensions
4 962
4 525
8 284
-
payroll
1 186
1 081
1 981
-
surtax
-
-
-
-
chamber of commerce
158
144
264
-
total
11 378
10 374
18 998
-
Corporate
34 084
38 581
62 570
-
income

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

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

8 520
9 645
15 642
-
total
8 520
9 645
15 642
-
Dividends
25 564
28 936
-
-
withholding
7 031
7 957
-
-
total
7 031
7 957
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 610
37 161
58 481
41 336
After tax
47 390
47 839
26 519
43 664
Living cost
28 856
28 856
28 856
28 856
Free-cash
18 534
18 983
-2 337
14 808

Estimated living cost  is ₽28856 per week

₽17310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2947
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.
₽8084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55776
₽68526
₽71926
₽66234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 281
-
85 000
-
income
3 056
-
17 000
-
total
3 056
-
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%.

69 719
85 000
-
-
total
-
-
-
-
Dividends
69 719
85 000
-
-
withholding
3 486
4 250
-
-
total
3 486
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
6 542
4 250
17 000
850
After tax
78 458
80 750
68 000
84 150
Living cost
12 224
12 224
12 224
12 224
Free-cash
66 234
68 526
55 776
71 926

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17518
₽34262
₽19957
₽26697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
85 000
health
-
-
-
8 364
income
-
-
-
16 769
pensions
-
-
-
15 523
unemployment
-
-
-
127
total
-
-
-
40 783
Employee

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

39 997
-
73 548
-
pensions
6 200
-
11 401
-
health
2 583
-
4 751
-
income
6 897
-
15 514
-
unemployment
57
-
103
-
total
15 737
-
31 769
-
Employer

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

39 997
-
73 548
-
unemployment
24
-
45
-
health
2 664
-
4 899
-
pensions
3 539
-
6 509
-
total
6 227
-
11 453
-
Corporate
38 776
85 000
-
-
income
7 367
16 150
-
-
total
7 367
16 150
-
-
Dividends
31 409
68 850
-
-
withholding
4 712
10 328
-
-
total
4 712
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 043
26 478
43 222
40 783
After tax
50 957
58 522
41 778
44 217
Living cost
24 260
24 260
24 260
24 260
Free-cash
26 697
34 262
17 518
19 957

Estimated living cost  is ₽24260 per week

₽16649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30582
₽10011
₽17039
-₽59108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
9 690
income
-
-
-
16 568
total
-
-
-
26 258
Employee
59 796
-
-
-
income
13 190
-
-
-
social contributions
4 903
-
699
-
total
18 093
-
699
-
Employer
59 796
-
-
-
social contributions
84 312
-
12 016
-
total
84 312
-
12 016
-
Corporate
-
85 000
-
-
income
-
18 700
-
-
total
-
18 700
-
-
Dividends
-
66 300
-
-
income
-
14 586
-
-
total
-
14 586
-
-
Income
85 000
85 000
85 000
85 000
Total tax
102 405
33 286
12 715
26 258
After tax
-17 405
51 714
72 285
58 742
Living cost
41 703
41 703
41 703
41 703
Free-cash
-59 108
10 011
30 582
17 039

Estimated living cost  is ₽41703 per week

₽27058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15304
₽19978
₽19385
₽19066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
85 000
surtax
-
-
-
-
social contributions

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

-
-
-
29 538
income
-
-
-
7 706
total
-
-
-
37 244
Employee
41 599
-
68 687
-
income
8 653
-
17 456
-
social contributions
4 576
-
7 556
-
surtax
-
-
-
-
total
13 229
-
25 012
-
Employer
41 599
-
68 687
-
social contributions
9 880
-
16 313
-
total
9 880
-
16 313
-
Corporate
33 521
85 000
-
-
surtax
-
-
-
-
income
7 039
17 849
-
-
total
7 039
17 849
-
-
Dividends
26 482
67 151
-
-
withholding
7 415
18 802
-
-
total
7 415
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 563
36 651
41 325
37 244
After tax
47 437
48 349
43 675
47 756
Living cost
28 371
28 371
28 371
28 371
Free-cash
19 066
19 978
15 304
19 385

Estimated living cost  is ₽28371 per week

₽21227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4873
-₽844
₽5418
₽5374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
surtax
-
-
-
-
social contributions
-
-
-
2 422
health
-
-
-
1 274
income
-
-
-
7 325
pensions
-
-
-
22 240
other
-
-
-
2 636
total
-
-
-
35 897
Employee
56 650
-
64 770
-
pensions
6 407
-
7 327
-
income
4 943
-
7 045
-
social contributions
1 613
-
1 845
-
surtax
-
-
-
-
total
12 963
-
16 217
-
Employer
56 650
-
64 770
-
unemployment
2 295
-
2 623
-
health
3 965
-
4 533
-
other
1 955
-
2 235
-
pensions
9 308
-
10 640
-
social contributions
170
-
194
-
total
17 693
-
20 225
-
Corporate
10 657
85 000
-
-
surtax
-
-
-
-
income
2 985
23 800
-
-
total
2 985
23 800
-
-
Dividends
7 672
61 200
-
-
surtax
-
-
-
-
withholding
982
7 834
-
-
social contributions
1 318
10 525
-
-
total
2 300
18 359
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 941
42 159
36 442
35 897
After tax
49 059
42 841
48 558
49 103
Living cost
43 686
43 686
43 686
43 686
Free-cash
5 374
-844
4 873
5 418

Estimated living cost  is ₽43686 per week

₽29566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
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.
₽9947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40233
₽49311
₽37856
₽46273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
18 701
income
-
-
-
1 255
total
-
-
-
19 956
Employee
29 078
-
73 594
-
social contributions
1 890
-
4 784
-
income
-
-
1 389
-
total
1 890
-
6 173
-
Employer
29 078
-
73 594
-
social contributions
4 507
-
11 406
-
total
4 507
-
11 406
-
Corporate
51 414
85 000
-
-
income
5 141
8 500
-
-
total
5 141
8 500
-
-
Dividends
46 274
76 500
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
11 538
8 500
17 579
19 956
After tax
73 462
76 500
67 421
65 044
Living cost
27 188
27 188
27 188
27 188
Free-cash
46 273
49 311
40 233
37 856

Estimated living cost  is ₽27188 per week

₽17580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽111697
-₽111697
₽9560
-₽111697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 737
national
-
-
-
8 934
pensions
-
-
-
783
municipal
-
-
-
15 508
total
-
-
-
31 962
Employee
183 511
183 511
183 511
-
labour market
14 660
14 660
14 660
-
pensions
261
261
261
-
municipal
39 078
39 078
39 078
-
national
22 419
22 419
22 419
-
total
76 418
76 418
76 418
-
Employer
183 511
183 511
183 511
-
municipal
39 140
39 140
39 140
-
labour market
14 681
14 681
14 681
-
pensions
522
522
522
-
national
22 458
22 458
22 458
-
total
76 801
76 801
76 801
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
153 219
153 219
153 219
31 962
After tax
-68 219
-68 219
-68 219
53 038
Living cost
43 478
43 478
43 478
43 478
Free-cash
-111 697
-111 697
-111 697
9 560

Estimated living cost  is ₽43478 per week

₽29757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24077
-₽12624
₽38862
₽3893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 963
income
-
-
-
20 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
26 629
Employee
30 689
-
72 113
-
pensions
3 456
-
6 867
-
health
3 514
-
8 257
-
income
4 210
-
13 403
-
total
11 180
-
28 527
-
Employer
30 689
-
72 113
-
accident
512
-
1 204
-
unemployment
752
-
1 767
-
pensions
4 990
-
9 916
-
total
6 254
-
12 887
-
Corporate
48 057
85 000
-
-
income

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

43 251
76 500
-
-
total
43 251
76 500
-
-
Dividends
4 806
8 500
-
-
withholding
913
1 615
-
-
total
913
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
61 598
78 115
41 414
26 629
After tax
23 402
6 885
43 586
58 371
Living cost
19 509
19 509
19 509
19 509
Free-cash
3 893
-12 624
24 077
38 862

Estimated living cost  is ₽19509 per week

₽14200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14194
₽22209
₽26243
₽19677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
932
national
-
-
-
7 967
municipal
-
-
-
15 132
total
-
-
-
24 031
Employee
47 587
-
71 505
-
pensions
3 211
-
4 827
-
municipal
7 794
-
11 679
-
health
355
-
724
-
national
786
-
4 283
-
unemployment
714
-
1 073
-
total
12 860
-
22 586
-
Employer
47 587
-
71 505
-
accident
48
-
72
-
unemployment
309
-
465
-
health
366
-
551
-
pensions
8 256
-
12 406
-
total
8 979
-
13 494
-
Corporate
28 434
85 000
-
-
income
5 687
17 000
-
-
total
5 687
17 000
-
-
Dividends

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

17 061
51 000
-
-
municipal
3 071
9 179
-
-
national
-
1 886
-
-
total
3 071
11 065
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 597
28 065
36 080
24 031
After tax
54 403
56 935
48 920
60 969
Living cost
34 726
34 726
34 726
34 726
Free-cash
19 677
22 209
14 194
26 243

Estimated living cost  is ₽34726 per week

₽22683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40017
₽41310
₽40101
₽36386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
13 259
health
-
-
-
2 168
income
-
-
-
8 531
total
-
-
-
23 958
Employee
69 551
69 551
77 166
-
health
539
1 183
1 311
-
income
7 573
6 438
8 495
-
social contributions
2 630
5 772
6 404
-
total
10 742
13 393
16 210
-
Employer
69 551
69 551
77 166
-
health
585
1 287
1 428
-
social contributions
2 630
5 772
6 404
-
total
3 215
7 059
7 832
-
Corporate
50 102
8 390
-
-
income
6 263
1 049
-
-
total
6 263
1 049
-
-
Dividends
43 839
7 341
-
-
withholding
7 453
1 248
-
-
total
7 453
1 248
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 673
22 749
24 042
23 958
After tax
57 327
62 251
60 958
61 042
Living cost
20 941
20 941
20 941
20 941
Free-cash
36 386
41 310
40 017
40 101

Estimated living cost  is ₽20941 per week

₽12551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38086
₽56028
₽53552
₽51427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
85 000
health
-
-
-
3 273
income
-
-
-
8 035
pensions
-
-
-
5 753
unemployment
-
-
-
26
total
-
-
-
17 087
Employee

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

20 761
-
77 063
-
pensions
3 114
-
11 560
-
health
1 764
-
6 550
-
income
1 419
-
6 123
-
unemployment
103
-
384
-
total
6 400
-
24 617
-
Employer

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

20 761
-
77 063
-
unemployment
103
-
384
-
health
893
-
3 314
-
pensions
1 141
-
4 238
-
total
2 137
-
7 936
-
Corporate
62 102
85 000
-
-
income
5 589
7 650
-
-
total
5 589
7 650
-
-
Dividends
56 513
77 350
-
-
withholding
5 086
6 962
-
-
total
5 086
6 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
19 212
14 612
32 553
17 087
After tax
65 788
70 388
52 447
67 913
Living cost
14 361
14 361
14 361
14 361
Free-cash
51 427
56 028
38 086
53 552

Estimated living cost  is ₽14361 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20529
₽32411
₽20172
₽27665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 805
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
39 956
Employee
33 444
-
64 453
-
pensions
1 572
-
3 030
-
other
33
-
65
-
income
6 448
-
14 960
-
unemployment
518
-
999
-
total
8 571
-
19 054
-
Employer
33 444
-
64 453
-
accident
663
-
1 275
-
unemployment
1 840
-
3 544
-
other
268
-
515
-
pensions
7 892
-
15 211
-
total
10 663
-
20 545
-
Corporate
40 893
85 000
-
-
income

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

6 135
12 750
-
-
total
6 135
12 750
-
-
Dividends
34 759
72 250
-
-
withholding
7 094
14 967
-
-
total
7 094
14 967
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 463
27 717
39 599
39 956
After tax
52 537
57 283
45 401
45 044
Living cost
24 872
24 872
24 872
24 872
Free-cash
27 665
32 411
20 529
20 172

Estimated living cost  is ₽24872 per week

₽16788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52603
₽51443
₽52715
₽51180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
844
income
-
-
-
28 679
pensions
-
-
-
1 165
total
-
-
-
30 688
Employee
2 432
-
83 690
-
pensions
219
-
524
-
health
122
-
291
-
income
470
-
28 617
-
unemployment
24
-
58
-
total
835
-
29 490
-
Employer
2 432
-
83 690
-
unemployment
49
-
116
-
health
231
-
553
-
pensions
268
-
641
-
total
548
-
1 310
-
Corporate
82 021
85 000
-
-
income
18 045
18 700
-
-
total
18 045
18 700
-
-
Dividends
63 976
66 300
-
-
withholding
12 795
13 260
-
-
total
12 795
13 260
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 223
31 960
30 800
30 688
After tax
52 777
53 040
54 200
54 312
Living cost
1 597
1 597
1 597
1 597
Free-cash
51 180
51 443
52 603
52 715

Estimated living cost  is ₽1597 per week

₽949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28706
₽45794
₽28706
₽41349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
85 000
health
-
-
-
6 875
income
-
-
-
15 445
pensions
-
-
-
17 354
unemployment
-
-
-
1 001
total
-
-
-
40 675
Employee

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

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

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

23 553
-
73 052
-
pensions
3 297
-
9 344
-
health
1 213
-
3 437
-
income
3 247
-
15 445
-
unemployment
177
-
501
-
total
7 934
-
28 727
-
Employer

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

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

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

23 553
-
73 052
-
unemployment
177
-
501
-
health
1 213
-
3 437
-
pensions
2 826
-
8 010
-
total
4 216
-
11 948
-
Corporate
57 231
85 000
-
-
income
8 585
12 750
-
-
total
8 585
12 750
-
-
Dividends
48 647
72 250
-
-
withholding
7 297
10 837
-
-
total
7 297
10 837
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 032
23 587
40 675
40 675
After tax
56 968
61 413
44 325
44 325
Living cost
15 619
15 619
15 619
15 619
Free-cash
41 349
45 794
28 706
28 706

Estimated living cost  is ₽15619 per week

₽10516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19291
₽23965
₽23372
₽23639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
85 000
surtax
-
-
-
-
social contributions

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

-
-
-
29 538
income
-
-
-
7 706
total
-
-
-
37 244
Employee
35 105
-
68 687
-
income
6 859
-
17 456
-
social contributions
3 862
-
7 556
-
surtax
-
-
-
-
total
10 721
-
25 012
-
Employer
35 105
-
68 687
-
social contributions
8 337
-
16 313
-
total
8 337
-
16 313
-
Corporate
41 558
85 000
-
-
surtax
-
-
-
-
income
8 726
17 849
-
-
total
8 726
17 849
-
-
Dividends
32 832
67 151
-
-
withholding
9 193
18 802
-
-
total
9 193
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 977
36 651
41 325
37 244
After tax
48 023
48 349
43 675
47 756
Living cost
24 384
24 384
24 384
24 384
Free-cash
23 639
23 965
19 291
23 372

Estimated living cost  is ₽24384 per week

₽17271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13613
₽25495
₽13256
₽18598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 805
pensions
-
-
-
23 725
unemployment
-
-
-
587
accident
-
-
-
755
other
-
-
-
84
total
-
-
-
39 956
Employee
43 683
-
64 453
-
pensions
2 053
-
3 030
-
other
43
-
65
-
income
9 124
-
14 960
-
unemployment
676
-
999
-
total
11 896
-
19 054
-
Employer
43 683
-
64 453
-
accident
865
-
1 275
-
unemployment
2 403
-
3 544
-
other
350
-
515
-
pensions
10 309
-
15 211
-
total
13 927
-
20 545
-
Corporate
27 390
85 000
-
-
income

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

4 109
12 750
-
-
total
4 109
12 750
-
-
Dividends
23 281
72 250
-
-
withholding
4 682
14 967
-
-
total
4 682
14 967
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 614
27 717
39 599
39 956
After tax
50 386
57 283
45 401
45 044
Living cost
31 788
31 788
31 788
31 788
Free-cash
18 598
25 495
13 613
13 256

Estimated living cost  is ₽31788 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26209
₽42245
₽25321
₽31462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
7 106
income
-
-
-
12 750
pensions

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

-
-
-
9 145
unemployment
-
-
-
247
total
-
-
-
29 248
Employee
40 295
-
72 877
-
pensions

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

3 538
-
5 426
-
accident

We are using the highest rate at 1.1%.

443
-
680
-
health
1 854
-
2 842
-
income
4 030
-
7 288
-
total
9 865
-
16 236
-
Employer
40 295
-
72 877
-
accident

We are using the highest rate at 1.1%.

443
-
680
-
unemployment
242
-
371
-
health
2 781
-
4 264
-
pensions

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

4 440
-
6 809
-
total
7 906
-
12 124
-
Corporate
36 799
85 000
-
-
income
3 680
8 500
-
-
total
3 680
8 500
-
-
Dividends
33 119
76 500
-
-
withholding
1 656
3 824
-
-
total
1 656
3 824
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 107
12 324
28 360
29 248
After tax
61 893
72 676
56 640
55 752
Living cost
30 431
30 431
30 431
30 431
Free-cash
31 462
42 245
26 209
25 321

Estimated living cost  is ₽30431 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽726
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sofia model

Close
Berlin , Germany
₽26230
₽8947
₽20066
₽20780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
surtax

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

-
-
-
922
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.

-
-
-
6 179
trade
-
-
-
6 164
income

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

-
-
-
16 749
total
-
-
-
30 014
Employee

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

45 004
-
85 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 179
-
6 179
-
income

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

3 701
-
16 749
-
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.

204
-
922
-
total
10 084
-
23 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 996
85 000
-
-
trade
5 740
12 197
-
-
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.

330
702
-
-
chamber of commerce
196
263
-
-
income
5 999
12 750
-
-
total
12 265
25 912
-
-
Dividends
27 732
59 089
-
-
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.

362
793
-
-
withholding
6 589
14 428
-
-
total
6 951
15 221
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 300
41 133
23 850
30 014
After tax
55 700
43 867
61 150
54 986
Living cost
34 920
34 920
34 920
34 920
Free-cash
20 780
8 947
26 230
20 066

Estimated living cost  is ₽34920 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽6981
₽7976
₽6981
₽9972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 444
income
-
-
-
19 051
total
-
-
-
26 495
Employee
70 751
-
85 000
-
social contributions
5 878
-
7 444
-
income
13 350
-
19 051
-
total
19 228
-
26 495
-
Employer
70 751
-
85 000
-
total
-
-
-
-
Corporate
14 249
85 000
-
-
income
1 782
10 625
-
-
total
1 782
10 625
-
-
Dividends
12 467
74 375
-
-
withholding
2 494
14 875
-
-
total
2 494
14 875
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 504
25 500
26 495
26 495
After tax
61 496
59 500
58 505
58 505
Living cost
51 524
51 524
51 524
51 524
Free-cash
9 972
7 976
6 981
6 981

Estimated living cost  is ₽51524 per week

₽39198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29508
₽17639
₽20737
₽21742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 683
income
-
-
-
25 747
total
-
-
-
31 430
Employee
41 493
-
80 839
-
social contributions
4 157
-
4 161
-
income
4 502
-
14 337
-
total
8 659
-
18 498
-
Employer
41 493
-
80 839
-
social contributions
4 157
-
4 161
-
total
4 157
-
4 161
-
Corporate
39 350
85 000
-
-
income
13 773
29 749
-
-
total
13 773
29 749
-
-
Dividends
25 578
55 251
-
-
social contributions
3 836
4 779
-
-
total
3 836
4 779
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 425
34 528
22 659
31 430
After tax
54 575
50 472
62 341
53 570
Living cost
32 833
32 833
32 833
32 833
Free-cash
21 742
17 639
29 508
20 737

Estimated living cost  is ₽32833 per week

₽21627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
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.
₽8114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19602
₽29850
₽28534
₽24710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 502
pensions
-
-
-
6 129
total
-
-
-
22 631
Employee
46 443
-
74 950
-
pensions
3 545
-
6 965
-
health
606
-
1 190
-
income
8 458
-
13 358
-
total
12 609
-
21 513
-
Employer
46 443
-
74 950
-
health
883
-
1 424
-
pensions
4 692
-
8 626
-
total
5 575
-
10 050
-
Corporate
32 982
85 000
-
-
income

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

6 267
16 151
-
-
total
6 267
16 151
-
-
Dividends
26 715
68 849
-
-
withholding
2 004
5 164
-
-
total
2 004
5 164
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 455
21 315
31 563
22 631
After tax
58 545
63 685
53 437
62 369
Living cost
33 835
33 835
33 835
33 835
Free-cash
24 710
29 850
19 602
28 534

Estimated living cost  is ₽33835 per week

₽23210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22146
-₽14555
₽36931
₽3596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 963
income
-
-
-
20 360
pensions
-
-
-
3 745
accident
-
-
-
227
other
-
-
-
334
total
-
-
-
26 629
Employee
33 726
-
72 113
-
pensions
3 798
-
6 867
-
health
3 861
-
8 257
-
income
4 627
-
13 403
-
total
12 286
-
28 527
-
Employer
33 726
-
72 113
-
accident
563
-
1 204
-
unemployment
826
-
1 767
-
pensions
5 484
-
9 916
-
total
6 873
-
12 887
-
Corporate
44 401
85 000
-
-
income

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

39 961
76 500
-
-
total
39 961
76 500
-
-
Dividends
4 440
8 500
-
-
withholding
844
1 615
-
-
total
844
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
59 964
78 115
41 414
26 629
After tax
25 036
6 885
43 586
58 371
Living cost
21 440
21 440
21 440
21 440
Free-cash
3 596
-14 555
22 146
36 931

Estimated living cost  is ₽21440 per week

₽15735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39992
₽59306
₽36514
₽55627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
425
income
-
-
-
12 889
pensions
-
-
-
15 640
unemployment
-
-
-
1 020
health insurance
-
-
-
6 290
total
-
-
-
36 264
Employee

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

19 555
-
85 000
-
pensions
3 598
-
13 313
-
health insurance
1 447
-
5 354
-
income
1 956
-
12 889
-
work injury
98
-
362
-
unemployment
235
-
868
-
total
7 334
-
32 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 445
85 000
-
-
income

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

-
850
-
-
total
-
850
-
-
Dividends
65 445
84 150
-
-
withholding
9 817
12 622
-
-
total
9 817
12 622
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 151
13 472
32 786
36 264
After tax
67 849
71 528
52 214
48 736
Living cost
12 222
12 222
12 222
12 222
Free-cash
55 627
59 306
39 992
36 514

Estimated living cost  is ₽12222 per week

₽7572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3326
₽8739
₽7214
₽4624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 862
national
-
-
-
17 676
regional
-
-
-
1 647
municipal
-
-
-
568
total
-
-
-
41 753
Employee
76 218
-
85 000
-
municipal
455
-
506
-
national
12 880
-
15 091
-
regional
1 151
-
1 381
-
social contributions
25 700
-
28 663
-
total
40 186
-
45 641
-
Employer
76 218
-
85 000
-
total
-
-
-
-
Corporate
8 782
85 000
-
-
nationa
2 108
20 400
-
-
municipal
424
4 097
-
-
total
2 532
24 497
-
-
Dividends
6 251
60 503
-
-
withholding
1 625
15 731
-
-
total
1 625
15 731
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 343
40 228
45 641
41 753
After tax
40 657
44 772
39 359
43 247
Living cost
36 033
36 033
36 033
36 033
Free-cash
4 624
8 739
3 326
7 214

Estimated living cost  is ₽36033 per week

₽25311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
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.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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