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
₽14564
₽33076
₽26564
₽24950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income

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

-
-
-
16 181
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.

-
-
-
891
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.

-
-
-
6 414
trade
-
-
-
6 512
total
-
-
-
29 998
Employee

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

35 910
-
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.

55
-
891
-
income

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

1 003
-
16 181
-
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.

6 414
-
6 414
-
total
7 472
-
23 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 090
85 000
-
-
income
7 364
12 750
-
-
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.

404
702
-
-
chamber of commerce
214
265
-
-
trade
7 731
13 388
-
-
total
15 713
27 105
-
-
Dividends
33 377
57 895
-
-
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.

440
777
-
-
withholding
7 987
14 116
-
-
total
8 427
14 893
-
-
Income
85 000
85 000
85 000
85 000
Total tax
31 612
41 998
23 486
29 998
After tax
53 388
43 002
61 514
55 002
Living cost
28 438
28 438
28 438
28 438
Free-cash
24 950
14 564
33 076
26 564

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
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.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3089
₽2461
₽1794
₽540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
914
municipal
-
-
-
8 684
national
-
-
-
13 457
pensions
-
-
-
10 200
total
-
-
-
33 255
Employee
77 434
-
73 482
-
municipal
9 564
-
9 013
-
pensions
3 097
-
2 939
-
national
14 821
-
13 967
-
total
27 482
-
25 919
-
Employer
77 434
-
73 482
-
pensions
6 195
-
5 879
-
social contributions
832
-
790
-
total
7 027
-
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
34 509
31 960
32 588
33 255
After tax
50 491
53 040
52 412
51 745
Living cost
49 951
49 951
49 951
49 951
Free-cash
540
3 089
2 461
1 794

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48468
₽28479
₽25944
₽40766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
85 000
income
-
-
-
12 195
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.

-
-
-
27 328
microenterprise
-
-
-
-
total
-
-
-
39 523
Employee
27 434
-
68 498
-
surtax
-
-
-
-
social contributions

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

3 018
-
7 535
-
income
4 884
-
12 953
-
total
7 902
-
20 488
-
Employer
27 434
-
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.

6 608
-
16 500
-
surtax
-
-
-
-
total
6 608
-
16 500
-
Corporate
50 957
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%.

10 191
16 999
-
-
total
10 191
16 999
-
-
Dividends

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

40 766
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
24 701
16 999
36 988
39 523
After tax
60 299
68 001
48 012
45 477
Living cost
19 533
19 533
19 533
19 533
Free-cash
40 766
48 468
28 479
25 944

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2961
-₽8232
₽8966
-₽8232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 961
health
-
-
-
10 742
pensions
-
-
-
11 000
total
-
-
-
36 703
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
53 901
48 630
53 901
36 703
After tax
31 099
36 370
31 099
48 297
Living cost
39 331
39 331
39 331
39 331
Free-cash
-8 232
-2 961
-8 232
8 966

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8647
₽7628
₽5064
₽7797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
18 197
national
-
-
-
-
pensions
-
-
-
8 947
total
-
-
-
42 173
Employee
53 808
-
64 678
-
municipal
16 046
-
19 287
-
national
-
-
-
-
total
16 046
-
19 287
-
Employer
53 808
-
64 678
-
health
3 309
-
3 978
-
pensions
5 817
-
6 992
-
accident
108
-
129
-
unemployment
1 421
-
1 707
-
other
6 253
-
7 516
-
total
16 908
-
20 322
-
Corporate
14 285
85 000
-
-
income
3 143
18 700
-
-
total
3 143
18 700
-
-
Dividends
11 142
66 300
-
-
withholding
3 343
19 890
-
-
total
3 343
19 890
-
-
Income
85 000
85 000
85 000
85 000
Total tax
39 440
38 590
39 609
42 173
After tax
45 560
46 410
45 391
42 827
Living cost
37 763
37 763
37 763
37 763
Free-cash
7 797
8 647
7 628
5 064

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5681
₽24631
₽17828
₽18875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income

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

-
-
-
16 181
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.

-
-
-
891
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.

-
-
-
6 414
trade
-
-
-
6 803
total
-
-
-
30 289
Employee

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

47 612
-
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.

224
-
891
-
income

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

4 091
-
16 181
-
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.

6 414
-
6 414
-
total
10 729
-
23 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 388
85 000
-
-
income
5 609
12 750
-
-
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.

308
702
-
-
chamber of commerce
196
264
-
-
trade
6 150
13 983
-
-
total
12 263
27 699
-
-
Dividends
25 124
57 302
-
-
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.

326
768
-
-
withholding
5 924
13 969
-
-
total
6 250
14 737
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 242
42 436
23 486
30 289
After tax
55 758
42 564
61 514
54 711
Living cost
36 883
36 883
36 883
36 883
Free-cash
18 875
5 681
24 631
17 828

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31818
₽30974
₽31060
₽27924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 060
social contributions
-
-
-
13 259
health
-
-
-
2 168
total
-
-
-
23 487
Employee
72 195
72 195
77 168
-
social contributions
3 508
5 992
6 405
-
income
7 581
6 683
8 025
-
health
718
1 228
1 311
-
total
11 807
13 903
15 741
-
Employer
72 195
72 195
77 168
-
health
782
1 336
1 427
-
social contributions
3 508
5 992
6 405
-
total
4 290
7 328
7 832
-
Corporate
38 450
5 477
-
-
income
4 807
684
-
-
total
4 807
684
-
-
Dividends
33 643
4 792
-
-
withholding
5 719
814
-
-
total
5 719
814
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 623
22 729
23 573
23 487
After tax
58 377
62 271
61 427
61 513
Living cost
30 453
30 453
30 453
30 453
Free-cash
27 924
31 818
30 974
31 060

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31088
₽32451
₽42060
₽31438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
71 130
-
unemployment
364
145
1 067
-
pensions
2 429
967
7 113
-
income
2 969
1 182
8 696
-
health
1 700
677
4 979
-
total
7 462
2 971
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.

24 286
9 665
71 130
-
pensions
4 736
1 885
13 870
-
total
4 736
1 885
13 870
-
Corporate
55 979
73 450
-
-
income
5 038
6 610
-
-
total
5 038
6 610
-
-
Dividends
50 941
66 839
-
-
social contributions
9 823
12 923
-
-
withholding
9 679
12 699
-
-
total
19 502
25 622
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 738
37 088
35 725
26 116
After tax
48 262
47 912
49 275
58 884
Living cost
16 824
16 824
16 824
16 824
Free-cash
31 438
31 088
32 451
42 060

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45324
₽26318
₽22884
₽39490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
11 390
health
-
-
-
11 050
pensions
-
-
-
16 999
total
-
-
-
39 439
Employee
26 635
-
63 529
-
unemployment
426
-
1 017
-
pensions
533
-
1 270
-
income
2 999
-
12 247
-
total
3 958
-
14 534
-
Employer
26 635
-
63 529
-
health
3 462
-
8 258
-
pensions
5 327
-
12 705
-
unemployment
214
-
508
-
total
9 003
-
21 471
-
Corporate
49 363
85 000
-
-
income
9 872
16 999
-
-
total
9 872
16 999
-
-
Dividends
39 490
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
22 833
16 999
36 005
39 439
After tax
62 167
68 001
48 995
45 561
Living cost
22 677
22 677
22 677
22 677
Free-cash
39 490
45 324
26 318
22 884

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14046
₽22338
₽37472
₽3674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
240
income
-
-
-
19 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
26 597
Employee
32 926
-
71 569
-
pensions
3 708
-
7 259
-
income
4 517
-
12 848
-
health
3 770
-
8 194
-
total
11 995
-
28 301
-
Employer
32 926
-
71 569
-
pensions
5 354
-
10 482
-
accident
550
-
1 195
-
unemployment
807
-
1 753
-
total
6 711
-
13 430
-
Corporate
45 364
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.

40 827
76 500
-
-
total
40 827
76 500
-
-
Dividends
4 537
8 500
-
-
withholding
862
1 615
-
-
total
862
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
60 395
78 115
41 731
26 597
After tax
24 605
6 885
43 269
58 403
Living cost
20 931
20 931
20 931
20 931
Free-cash
3 674
-14 046
22 338
37 472

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73199
₽60449
₽76599
₽71784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
85 000
-
income
1 887
-
17 000
-
total
1 887
-
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%.

75 562
85 000
-
-
total
-
-
-
-
Dividends
75 562
85 000
-
-
withholding
3 778
4 250
-
-
total
3 778
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
5 665
4 250
17 000
850
After tax
79 335
80 750
68 000
84 150
Living cost
7 551
7 551
7 551
7 551
Free-cash
71 784
73 199
60 449
76 599

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37432
₽24806
₽21010
₽31094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
10 797
other
-
-
-
4 037
health
-
-
-
3 740
pensions

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

-
-
-
20 399
total
-
-
-
38 973
Employee
34 090
-
67 892
-
unemployment
340
-
679
-
pensions

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

2 386
-
4 752
-
income
5 869
-
11 688
-
health
477
-
950
-
total
9 072
-
18 069
-
Employer
34 090
-
67 892
-
health
477
-
950
-
pensions

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

5 796
-
11 542
-
accident
273
-
543
-
unemployment
340
-
679
-
other
1 705
-
3 394
-
total
8 591
-
17 108
-
Corporate
42 319
85 000
-
-
income
8 887
17 851
-
-
total
8 887
17 851
-
-
Dividends
33 432
67 149
-
-
withholding
2 339
4 700
-
-
total
2 339
4 700
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 889
22 551
35 177
38 973
After tax
56 111
62 449
49 823
46 027
Living cost
25 017
25 017
25 017
25 017
Free-cash
31 094
37 432
24 806
21 010

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽691
-₽9461
-₽85
-₽16348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 011
pensions
-
-
-
6 078
total
-
-
-
22 089
Employee
89 130
-
75 001
-
pensions
8 599
-
6 904
-
income
16 067
-
13 384
-
health
1 469
-
1 178
-
total
26 135
-
21 466
-
Employer
89 130
-
75 001
-
health
1 693
-
1 425
-
pensions
10 524
-
8 574
-
total
12 217
-
9 999
-
Corporate
-
85 000
-
-
income

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

-
16 150
-
-
total
-
16 150
-
-
Dividends
-
68 850
-
-
withholding
-
5 163
-
-
total
-
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 352
21 313
31 465
22 089
After tax
46 648
63 687
53 535
62 911
Living cost
62 996
62 996
62 996
62 996
Free-cash
-16 348
691
-9 461
-85

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽60365
₽53649
₽51183
₽56005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
12 750
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
21 507
Employee
16 300
-
78 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
7 856
-
health
750
-
1 509
-
total
3 990
-
12 606
-
Employer
16 300
-
78 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
65 501
85 000
-
-
income
6 550
8 500
-
-
total
6 550
8 500
-
-
Dividends
58 951
76 500
-
-
withholding
2 948
3 825
-
-
total
2 948
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
16 685
12 325
19 041
21 507
After tax
68 315
72 675
65 959
63 493
Living cost
12 310
12 310
12 310
12 310
Free-cash
56 005
60 365
53 649
51 183

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15692
-₽20963
-₽3765
-₽17286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 961
health
-
-
-
10 742
pensions
-
-
-
11 000
total
-
-
-
36 703
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
50 224
48 630
53 901
36 703
After tax
34 776
36 370
31 099
48 297
Living cost
52 062
52 062
52 062
52 062
Free-cash
-17 286
-15 692
-20 963
-3 765

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35532
₽20145
₽18409
₽27331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
7 306
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
health
-
-
-
11 475
total
-
-
-
43 601
Employee
33 809
-
63 433
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
4 123
-
income
4 057
-
7 612
-
health
4 564
-
8 563
-
total
10 819
-
20 298
-
Employer
33 809
-
63 433
-
health
3 043
-
5 709
-
social contributions
8 452
-
15 858
-
total
11 495
-
21 567
-
Corporate
39 695
85 000
-
-
income
7 542
16 150
-
-
total
7 542
16 150
-
-
Dividends
32 153
68 850
-
-
withholding
4 823
10 328
-
-
total
4 823
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 679
26 478
41 865
43 601
After tax
50 321
58 522
43 135
41 399
Living cost
22 990
22 990
22 990
22 990
Free-cash
27 331
35 532
20 145
18 409

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
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.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5733
₽613
₽4659
₽832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
21 861
regional
-
-
-
923
municipal
-
-
-
504
national
-
-
-
17 436
total
-
-
-
40 724
Employee
83 442
-
85 000
-
municipal
442
-
451
-
national
14 458
-
14 852
-
regional
787
-
805
-
social contributions
28 137
-
28 662
-
total
43 824
-
44 770
-
Employer
83 442
-
85 000
-
total
-
-
-
-
Corporate
1 558
85 000
-
-
municipal
61
3 316
-
-
nationa
374
20 400
-
-
total
435
23 716
-
-
Dividends
1 124
61 284
-
-
withholding
292
15 934
-
-
total
292
15 934
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 551
39 650
44 770
40 724
After tax
40 449
45 350
40 230
44 276
Living cost
39 617
39 617
39 617
39 617
Free-cash
832
5 733
613
4 659

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32748
₽22292
₽23925
₽29826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
15 365
other
-
-
-
-
surtax
-
-
-
1 744
unemployment
-
-
-
214
health
-
-
-
6 035
pensions
-
-
-
16 999
total
-
-
-
40 357
Employee
31 048
-
70 217
-
other
-
-
-
-
unemployment
2 161
-
4 887
-
pensions
2 070
-
4 684
-
surtax
102
-
1 555
-
income
5 204
-
14 293
-
health
793
-
1 791
-
total
10 330
-
27 210
-
Employer
31 048
-
70 217
-
health
1 413
-
3 196
-
pensions
4 139
-
9 359
-
unemployment
983
-
2 225
-
other
-
-
-
-
total
6 535
-
14 780
-
Corporate
47 417
85 000
-
-
income
12 328
22 100
-
-
total
12 328
22 100
-
-
Dividends
35 089
62 900
-
-
withholding
5 263
9 434
-
-
total
5 263
9 434
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 456
31 534
41 990
40 357
After tax
50 544
53 466
43 010
44 643
Living cost
20 718
20 718
20 718
20 718
Free-cash
29 826
32 748
22 292
23 925

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20650
₽10498
₽19874
₽13239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 011
pensions
-
-
-
6 078
total
-
-
-
22 089
Employee
59 733
-
75 001
-
pensions
5 070
-
6 904
-
income
10 758
-
13 384
-
health
867
-
1 178
-
total
16 695
-
21 466
-
Employer
59 733
-
75 001
-
health
1 135
-
1 425
-
pensions
6 466
-
8 574
-
total
7 601
-
9 999
-
Corporate
17 666
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.

3 356
16 150
-
-
total
3 356
16 150
-
-
Dividends
14 310
68 850
-
-
withholding
1 072
5 163
-
-
total
1 072
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 724
21 313
31 465
22 089
After tax
56 276
63 687
53 535
62 911
Living cost
43 037
43 037
43 037
43 037
Free-cash
13 239
20 650
10 498
19 874

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35412
-₽7330
-₽2972
-₽10208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 700
regional
-
-
-
2 652
health
-
-
-
242
city
-
-
-
895
national
-
-
-
383
pensions
-
-
-
7 820
total
-
-
-
13 692
Employee
86 926
-
76 077
-
unemployment
-
-
-
-
pensions
7 303
-
6 391
-
national
411
-
326
-
regional
2 846
-
2 259
-
city
933
-
817
-
health
197
-
172
-
total
11 690
-
9 965
-
Employer
86 926
-
76 077
-
health
197
-
172
-
pensions
7 303
-
6 391
-
unemployment
-
-
-
-
other

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

1 738
-
1 522
-
total
9 238
-
8 085
-
Corporate
-
85 000
-
-
regional
-
17 977
-
-
national
-
7 225
-
-
total
-
25 202
-
-
Dividends
-
59 798
-
-
withholding
-
20 930
-
-
total
-
20 930
-
-
Income
85 000
85 000
85 000
85 000
Total tax
20 928
46 132
18 050
13 692
After tax
64 072
38 868
66 950
71 308
Living cost
74 280
74 280
74 280
74 280
Free-cash
-10 208
-35 412
-7 330
-2 972

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽885
₽18504
₽11412
₽14343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income

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

-
-
-
16 181
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.

-
-
-
891
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.

-
-
-
6 414
trade
-
-
-
7 091
total
-
-
-
30 577
Employee

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

56 425
-
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.

365
-
891
-
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.

6 635
-
16 181
-
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.

6 414
-
6 414
-
total
13 414
-
23 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 575
85 000
-
-
income
4 287
12 750
-
-
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.

235
702
-
-
chamber of commerce
184
262
-
-
trade
4 901
14 578
-
-
total
9 607
28 292
-
-
Dividends
18 968
56 708
-
-
surtax

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

241
761
-
-
withholding
4 385
13 821
-
-
total
4 626
14 582
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 647
42 874
23 486
30 577
After tax
57 353
42 126
61 514
54 423
Living cost
43 010
43 010
43 010
43 010
Free-cash
14 343
-885
18 504
11 412

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10718
₽16803
₽17078
₽16265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 838
other
-
-
-
2 637
surtax
-
-
-
-
social contributions
-
-
-
2 421
health
-
-
-
1 087
pensions
-
-
-
22 817
total
-
-
-
35 800
Employee
40 183
-
64 772
-
pensions
4 543
-
7 325
-
surtax
-
-
-
-
social contributions
1 146
-
1 846
-
income
2 371
-
6 677
-
total
8 060
-
15 848
-
Employer
40 183
-
64 772
-
health
2 813
-
4 534
-
pensions
6 601
-
10 642
-
unemployment
1 627
-
2 623
-
social contributions
121
-
194
-
other
1 386
-
2 234
-
total
12 548
-
20 227
-
Corporate
32 269
85 000
-
-
income
9 035
23 800
-
-
surtax
-
-
-
-
total
9 035
23 800
-
-
Dividends
23 234
61 200
-
-
surtax
-
-
-
-
social contributions
3 996
10 526
-
-
withholding
2 974
7 834
-
-
total
6 970
18 360
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 613
42 160
36 075
35 800
After tax
48 387
42 840
48 925
49 200
Living cost
32 122
32 122
32 122
32 122
Free-cash
16 265
10 718
16 803
17 078

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13900
₽19985
₽20260
₽19115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 838
other
-
-
-
2 637
surtax
-
-
-
-
social contributions
-
-
-
2 421
health
-
-
-
1 087
pensions
-
-
-
22 817
total
-
-
-
35 800
Employee
35 869
-
64 772
-
pensions
4 057
-
7 325
-
surtax
-
-
-
-
social contributions
1 023
-
1 846
-
income
1 849
-
6 677
-
total
6 929
-
15 848
-
Employer
35 869
-
64 772
-
health
2 510
-
4 534
-
pensions
5 894
-
10 642
-
unemployment
1 452
-
2 623
-
social contributions
107
-
194
-
other
1 238
-
2 234
-
total
11 201
-
20 227
-
Corporate
37 930
85 000
-
-
income
10 621
23 800
-
-
surtax
-
-
-
-
total
10 621
23 800
-
-
Dividends
27 309
61 200
-
-
surtax
-
-
-
-
social contributions
4 698
10 526
-
-
withholding
3 496
7 834
-
-
total
8 194
18 360
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 945
42 160
36 075
35 800
After tax
48 055
42 840
48 925
49 200
Living cost
28 940
28 940
28 940
28 940
Free-cash
19 115
13 900
19 985
20 260

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31951
₽35285
₽34677
₽32436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
12 750
social contributions
-
-
-
11 731
health
-
-
-
5 933
total
-
-
-
30 414
Employee
31 834
-
85 000
-
social contributions
4 394
-
11 731
-
income
5 309
-
12 142
-
health
2 222
-
5 933
-
total
11 925
-
29 806
-
Employer
31 834
-
85 000
-
total
-
-
-
-
Corporate
53 166
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%.

2 658
4 249
-
-
total
2 658
4 249
-
-
Dividends
50 508
80 751
-
-
social contributions
6 970
11 143
-
-
withholding
7 576
12 112
-
-
health
3 526
5 636
-
-
total
18 072
28 891
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 655
33 140
29 806
30 414
After tax
52 345
51 860
55 194
54 586
Living cost
19 909
19 909
19 909
19 909
Free-cash
32 436
31 951
35 285
34 677

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14717
-₽5696
₽10686
₽13259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
12 721
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
340
health
-
-
-
6 503
pensions
-
-
-
15 725
total
-
-
-
41 232
Employee
46 921
37 416
65 859
-
other
469
374
659
-
unemployment
1 408
1 122
1 976
-
pensions
4 805
3 831
6 744
-
income
5 342
2 760
10 970
-
health
1 816
1 449
2 550
-
total
13 840
9 536
22 899
-
Employer
46 921
37 416
65 859
-
chamber of commerce
187
150
264
-
health
1 773
1 415
2 489
-
pensions
5 889
4 697
8 265
-
accident
609
486
857
-
unemployment
1 408
1 122
1 976
-
surtax
185
185
185
-
payroll
1 408
1 122
1 976
-
other
2 229
1 776
3 129
-
total
13 688
10 953
19 141
-
Corporate
24 392
36 630
62 296
-
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.

6 099
9 158
15 574
-
total
6 099
9 158
15 574
-
Dividends
18 293
27 472
-
-
withholding
5 032
7 554
-
-
total
5 032
7 554
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 659
37 201
57 614
41 232
After tax
46 341
47 799
27 386
43 768
Living cost
33 082
33 082
33 082
33 082
Free-cash
13 259
14 717
-5 696
10 686

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13471
-₽564
₽6775
-₽1708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
communal

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

-
-
-
4 333
social contributions
-
-
-
12 780
national
-
-
-
26 879
total
-
-
-
43 992
Employee

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

67 159
-
65 836
-
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.

584
-
572
-
communal

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

3 503
-
3 433
-
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.

5 037
-
4 937
-
national
20 647
-
20 131
-
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.

3 155
-
3 095
-
total
32 926
-
32 168
-
Employer

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

67 159
-
65 836
-
health

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

4 130
-
4 048
-
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.

5 951
-
5 833
-
accident

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

873
-
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.

980
-
960
-
surtax
7 615
-
7 465
-
total
19 549
-
19 163
-
Corporate
-
85 000
-
-
income
-
16 999
-
-
surtax
-
340
-
-
total
-
17 339
-
-
Dividends
-
67 661
-
-
withholding

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

-
19 957
-
-
total
-
19 957
-
-
Income
85 000
85 000
85 000
85 000
Total tax
52 475
37 296
51 331
43 992
After tax
32 525
47 704
33 669
41 008
Living cost
34 233
34 233
34 233
34 233
Free-cash
-1 708
13 471
-564
6 775

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23384
₽11614
₽11011
₽15905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
764
income
-
-
-
14 582
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 055
total
-
-
-
40 082
Employee
46 735
-
64 453
-
other
46
-
64
-
unemployment
725
-
1 000
-
pensions
2 197
-
3 029
-
income
9 861
-
14 839
-
total
12 829
-
18 932
-
Employer
46 735
-
64 453
-
pensions
11 029
-
15 210
-
accident
925
-
1 276
-
unemployment
2 571
-
3 546
-
other
372
-
515
-
total
14 897
-
20 547
-
Corporate
23 368
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.

3 505
12 750
-
-
total
3 505
12 750
-
-
Dividends
19 864
72 250
-
-
withholding
3 957
14 959
-
-
total
3 957
14 959
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 188
27 709
39 479
40 082
After tax
49 812
57 291
45 521
44 918
Living cost
33 907
33 907
33 907
33 907
Free-cash
15 905
23 384
11 614
11 011

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1255
₽2705
-₽1349
-₽4722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
communal
-
-
-
5 372
accident
-
-
-
716
income
-
-
-
6 311
surtax
-
-
-
4 214
health
-
-
-
5 972
pensions
-
-
-
12 741
total
-
-
-
35 326
Employee
71 101
-
75 926
-
pensions
5 687
-
6 074
-
surtax
4 358
-
4 654
-
income
6 868
-
8 090
-
health
3 164
-
3 380
-
total
20 077
-
22 198
-
Employer
71 101
-
75 926
-
health
2 168
-
2 316
-
pensions
5 687
-
6 074
-
accident
640
-
684
-
total
8 495
-
9 074
-
Corporate
5 404
85 000
-
-
communal
-
5 737
-
-
income
811
12 750
-
-
surtax
57
893
-
-
total
868
19 380
-
-
Dividends
4 537
65 620
-
-
income
8 578
3 498
-
-
withholding
681
9 844
-
-
total
9 259
13 342
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 699
32 722
31 272
35 326
After tax
46 301
52 278
53 728
49 674
Living cost
51 023
51 023
51 023
51 023
Free-cash
-4 722
1 255
2 705
-1 349

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32378
₽21922
₽23555
₽29389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
15 365
other
-
-
-
-
surtax
-
-
-
1 744
unemployment
-
-
-
214
health
-
-
-
6 035
pensions
-
-
-
16 999
total
-
-
-
40 357
Employee
31 618
-
70 217
-
other
-
-
-
-
unemployment
2 200
-
4 887
-
pensions
2 110
-
4 684
-
surtax
112
-
1 555
-
income
5 301
-
14 293
-
health
807
-
1 791
-
total
10 530
-
27 210
-
Employer
31 618
-
70 217
-
health
1 438
-
3 196
-
pensions
4 216
-
9 359
-
unemployment
1 003
-
2 225
-
other
-
-
-
-
total
6 657
-
14 780
-
Corporate
46 725
85 000
-
-
income
12 149
22 100
-
-
total
12 149
22 100
-
-
Dividends
34 576
62 900
-
-
withholding
5 187
9 434
-
-
total
5 187
9 434
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 523
31 534
41 990
40 357
After tax
50 477
53 466
43 010
44 643
Living cost
21 088
21 088
21 088
21 088
Free-cash
29 389
32 378
21 922
23 555

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19388
₽14601
₽18626
₽17304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
21 861
regional
-
-
-
1 282
municipal
-
-
-
504
national
-
-
-
17 436
total
-
-
-
41 083
Employee
52 081
-
85 000
-
municipal
276
-
451
-
national
8 251
-
14 852
-
regional
701
-
1 143
-
social contributions
17 562
-
28 662
-
total
26 790
-
45 108
-
Employer
52 081
-
85 000
-
total
-
-
-
-
Corporate
32 919
85 000
-
-
municipal
1 636
4 224
-
-
nationa
7 900
20 400
-
-
total
9 536
24 624
-
-
Dividends
23 383
60 375
-
-
withholding
6 079
15 697
-
-
total
6 079
15 697
-
-
Income
85 000
85 000
85 000
85 000
Total tax
42 405
40 321
45 108
41 083
After tax
42 595
44 679
39 892
43 917
Living cost
25 291
25 291
25 291
25 291
Free-cash
17 304
19 388
14 601
18 626

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽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

Source of data for Naples model

Close
Prague , Czech Republic
₽30192
₽14805
₽13069
₽20086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
7 306
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
health
-
-
-
11 475
total
-
-
-
43 601
Employee
41 662
-
63 433
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
4 123
-
income
4 999
-
7 612
-
health
5 624
-
8 563
-
total
13 331
-
20 298
-
Employer
41 662
-
63 433
-
health
3 750
-
5 709
-
social contributions
10 416
-
15 858
-
total
14 166
-
21 567
-
Corporate
29 173
85 000
-
-
income
5 543
16 150
-
-
total
5 543
16 150
-
-
Dividends
23 630
68 850
-
-
withholding
3 544
10 328
-
-
total
3 544
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 584
26 478
41 865
43 601
After tax
48 416
58 522
43 135
41 399
Living cost
28 330
28 330
28 330
28 330
Free-cash
20 086
30 192
14 805
13 069

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17944
-₽2576
₽13999
₽17481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
12 721
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
340
health
-
-
-
6 503
pensions
-
-
-
15 725
total
-
-
-
41 047
Employee
41 041
37 416
66 005
-
other
410
374
659
-
unemployment
1 231
1 122
1 979
-
pensions
4 203
3 831
6 760
-
income
3 656
2 760
11 064
-
health
1 587
1 449
2 555
-
total
11 087
9 536
23 017
-
Employer
41 041
37 416
66 005
-
chamber of commerce
164
150
264
-
health
1 552
1 415
2 494
-
pensions
5 151
4 697
8 283
-
accident
533
486
859
-
unemployment
1 231
1 122
1 979
-
surtax
-
-
-
-
payroll
1 231
1 122
1 979
-
other
1 949
1 776
3 136
-
total
11 811
10 768
18 994
-
Corporate
32 148
36 816
62 442
-
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.

8 037
9 204
15 611
-
total
8 037
9 204
15 611
-
Dividends
24 111
27 611
-
-
withholding
6 630
7 594
-
-
total
6 630
7 594
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 565
37 102
57 622
41 047
After tax
47 435
47 898
27 378
43 953
Living cost
29 954
29 954
29 954
29 954
Free-cash
17 481
17 944
-2 576
13 999

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽68983
₽56233
₽72383
₽66776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
microenterprise

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

-
-
-
850
total
-
-
-
850
Employee
14 709
-
85 000
-
income
2 942
-
17 000
-
total
2 942
-
17 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

70 291
85 000
-
-
total
-
-
-
-
Dividends
70 291
85 000
-
-
withholding
3 515
4 250
-
-
total
3 515
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
6 457
4 250
17 000
850
After tax
78 543
80 750
68 000
84 150
Living cost
11 767
11 767
11 767
11 767
Free-cash
66 776
68 983
56 233
72 383

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33341
₽16748
₽19183
₽25487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
85 000
income
-
-
-
16 617
unemployment
-
-
-
128
health
-
-
-
8 365
pensions
-
-
-
15 524
total
-
-
-
40 634
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.

41 517
-
73 549
-
unemployment
59
-
103
-
pensions
6 435
-
11 399
-
income
7 160
-
15 365
-
health
2 681
-
4 750
-
total
16 335
-
31 617
-
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.

41 517
-
73 549
-
health
2 765
-
4 898
-
pensions
3 674
-
6 509
-
unemployment
25
-
45
-
total
6 464
-
11 452
-
Corporate
37 019
85 000
-
-
income
7 034
16 149
-
-
total
7 034
16 149
-
-
Dividends
29 984
68 851
-
-
withholding
4 497
10 327
-
-
total
4 497
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 330
26 476
43 069
40 634
After tax
50 670
58 524
41 931
44 366
Living cost
25 183
25 183
25 183
25 183
Free-cash
25 487
33 341
16 748
19 183

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11613
₽32673
₽18641
-₽53573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
16 568
social contributions
-
-
-
9 690
total
-
-
-
26 258
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
33 286
12 226
26 258
After tax
-13 472
51 714
72 774
58 742
Living cost
40 101
40 101
40 101
40 101
Free-cash
-53 573
11 613
32 673
18 641

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
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.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18897
₽14422
₽18385
₽17953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income
-
-
-
7 628
surtax
-
-
-
-
social contributions

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

-
-
-
29 537
total
-
-
-
37 165
Employee
43 181
-
68 687
-
surtax
-
-
-
-
social contributions
4 750
-
7 556
-
income
8 982
-
17 259
-
total
13 732
-
24 815
-
Employer
43 181
-
68 687
-
social contributions
10 255
-
16 313
-
total
10 255
-
16 313
-
Corporate
31 563
85 000
-
-
income
6 628
17 851
-
-
surtax
-
-
-
-
total
6 628
17 851
-
-
Dividends
24 935
67 149
-
-
withholding
6 982
18 802
-
-
total
6 982
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 597
36 653
41 128
37 165
After tax
47 403
48 347
43 872
47 835
Living cost
29 450
29 450
29 450
29 450
Free-cash
17 953
18 897
14 422
18 385

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2507
₽3578
₽3853
₽3947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 838
other
-
-
-
2 637
surtax
-
-
-
-
social contributions
-
-
-
2 421
health
-
-
-
1 087
pensions
-
-
-
22 817
total
-
-
-
35 800
Employee
58 804
-
64 772
-
pensions
6 651
-
7 325
-
surtax
-
-
-
-
social contributions
1 675
-
1 846
-
income
5 131
-
6 677
-
total
13 457
-
15 848
-
Employer
58 804
-
64 772
-
health
4 116
-
4 534
-
pensions
9 662
-
10 642
-
unemployment
2 382
-
2 623
-
social contributions
176
-
194
-
other
2 029
-
2 234
-
total
18 365
-
20 227
-
Corporate
7 830
85 000
-
-
income
2 193
23 800
-
-
surtax
-
-
-
-
total
2 193
23 800
-
-
Dividends
5 637
61 200
-
-
surtax
-
-
-
-
social contributions
969
10 526
-
-
withholding
722
7 834
-
-
total
1 691
18 360
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 706
42 160
36 075
35 800
After tax
49 294
42 840
48 925
49 200
Living cost
45 347
45 347
45 347
45 347
Free-cash
3 947
-2 507
3 578
3 853

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48278
₽39286
₽36899
₽45123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
1 178
social contributions
-
-
-
18 701
total
-
-
-
19 879
Employee
30 184
-
73 594
-
income
-
-
1 302
-
social contributions
1 962
-
4 784
-
total
1 962
-
6 086
-
Employer
30 184
-
73 594
-
social contributions
4 679
-
11 406
-
total
4 679
-
11 406
-
Corporate
50 137
85 000
-
-
income
5 014
8 500
-
-
total
5 014
8 500
-
-
Dividends
45 124
76 500
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
11 655
8 500
17 492
19 879
After tax
73 345
76 500
67 508
65 121
Living cost
28 222
28 222
28 222
28 222
Free-cash
45 123
48 278
39 286
36 899

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
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.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽119558
-₽119558
₽7958
-₽119558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 735
municipal
-
-
-
15 398
national
-
-
-
8 879
pensions
-
-
-
814
total
-
-
-
31 826
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
159 342
159 342
159 342
31 826
After tax
-74 342
-74 342
-74 342
53 174
Living cost
45 216
45 216
45 216
45 216
Free-cash
-119 558
-119 558
-119 558
7 958

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13737
₽22647
₽37781
₽3722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
240
income
-
-
-
19 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
26 597
Employee
32 441
-
71 569
-
pensions
3 653
-
7 259
-
income
4 450
-
12 848
-
health
3 715
-
8 194
-
total
11 818
-
28 301
-
Employer
32 441
-
71 569
-
pensions
5 275
-
10 482
-
accident
542
-
1 195
-
unemployment
795
-
1 753
-
total
6 612
-
13 430
-
Corporate
45 948
85 000
-
-
income

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

41 353
76 500
-
-
total
41 353
76 500
-
-
Dividends
4 595
8 500
-
-
withholding
873
1 615
-
-
total
873
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
60 656
78 115
41 731
26 597
After tax
24 344
6 885
43 269
58 403
Living cost
20 622
20 622
20 622
20 622
Free-cash
3 722
-13 737
22 647
37 781

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21151
₽13148
₽25305
₽18188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
918
municipal
-
-
-
15 136
national
-
-
-
7 595
total
-
-
-
23 649
Employee
49 396
-
71 507
-
municipal
8 091
-
11 683
-
unemployment
741
-
1 073
-
pensions
3 334
-
4 827
-
national
816
-
4 021
-
health
369
-
709
-
total
13 351
-
22 313
-
Employer
49 396
-
71 507
-
health
380
-
551
-
pensions
8 570
-
12 406
-
accident
50
-
71
-
unemployment
321
-
465
-
total
9 321
-
13 493
-
Corporate
26 284
85 000
-
-
income
5 256
16 999
-
-
total
5 256
16 999
-
-
Dividends

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

15 771
51 001
-
-
municipal
2 838
9 179
-
-
national
-
1 625
-
-
total
2 838
10 804
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 766
27 803
35 806
23 649
After tax
54 234
57 197
49 194
61 351
Living cost
36 046
36 046
36 046
36 046
Free-cash
18 188
21 151
13 148
25 305

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40533
₽39689
₽39775
₽35422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 060
social contributions
-
-
-
13 259
health
-
-
-
2 168
total
-
-
-
23 487
Employee
72 195
72 195
77 168
-
social contributions
2 730
5 992
6 405
-
income
7 861
6 683
8 025
-
health
559
1 228
1 311
-
total
11 150
13 903
15 741
-
Employer
72 195
72 195
77 168
-
health
608
1 336
1 427
-
social contributions
2 730
5 992
6 405
-
total
3 338
7 328
7 832
-
Corporate
48 775
5 477
-
-
income
6 097
684
-
-
total
6 097
684
-
-
Dividends
42 678
4 792
-
-
withholding
7 255
814
-
-
total
7 255
814
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 840
22 729
23 573
23 487
After tax
57 160
62 271
61 427
61 513
Living cost
21 738
21 738
21 738
21 738
Free-cash
35 422
40 533
39 689
39 775

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55481
₽37549
₽52712
₽50705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
85 000
income
-
-
-
7 984
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
17 381
Employee

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

21 550
-
77 063
-
unemployment
107
-
385
-
pensions
3 232
-
11 560
-
income
1 473
-
6 111
-
health
1 832
-
6 550
-
total
6 644
-
24 606
-
Employer

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

21 550
-
77 063
-
health
926
-
3 314
-
pensions
1 185
-
4 239
-
unemployment
107
-
385
-
total
2 218
-
7 938
-
Corporate
61 231
85 000
-
-
income
5 511
7 651
-
-
total
5 511
7 651
-
-
Dividends
55 720
77 349
-
-
withholding
5 015
6 961
-
-
total
5 015
6 961
-
-
Income
85 000
85 000
85 000
85 000
Total tax
19 388
14 612
32 544
17 381
After tax
65 612
70 388
52 456
67 619
Living cost
14 907
14 907
14 907
14 907
Free-cash
50 705
55 481
37 549
52 712

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31473
₽19703
₽19100
₽26548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
764
income
-
-
-
14 582
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 055
total
-
-
-
40 082
Employee
34 716
-
64 453
-
other
34
-
64
-
unemployment
538
-
1 000
-
pensions
1 632
-
3 029
-
income
6 693
-
14 839
-
total
8 897
-
18 932
-
Employer
34 716
-
64 453
-
pensions
8 192
-
15 210
-
accident
688
-
1 276
-
unemployment
1 910
-
3 546
-
other
278
-
515
-
total
11 068
-
20 547
-
Corporate
39 216
85 000
-
-
income

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

5 883
12 750
-
-
total
5 883
12 750
-
-
Dividends
33 333
72 250
-
-
withholding
6 786
14 959
-
-
total
6 786
14 959
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 634
27 709
39 479
40 082
After tax
52 366
57 291
45 521
44 918
Living cost
25 818
25 818
25 818
25 818
Free-cash
26 548
31 473
19 703
19 100

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51143
₽52105
₽52239
₽50831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
28 477
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
30 864
Employee
2 889
-
83 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
28 404
-
health
144
-
346
-
total
992
-
29 442
-
Employer
2 889
-
83 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
81 460
85 000
-
-
income
17 921
18 700
-
-
total
17 921
18 700
-
-
Dividends
63 539
66 300
-
-
withholding
12 708
13 260
-
-
total
12 708
13 260
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 272
31 960
30 998
30 864
After tax
52 728
53 040
54 002
54 136
Living cost
1 897
1 897
1 897
1 897
Free-cash
50 831
51 143
52 105
52 239

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45168
₽27642
₽27643
₽40543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
85 000
income
-
-
-
14 871
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
41 112
Employee

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

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

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

24 497
-
72 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
14 871
-
health
1 262
-
3 575
-
total
8 253
-
28 686
-
Employer

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

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

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

24 497
-
72 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
56 118
85 000
-
-
income
8 418
12 750
-
-
total
8 418
12 750
-
-
Dividends
47 701
72 250
-
-
withholding
7 155
10 837
-
-
total
7 155
10 837
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 212
23 587
41 113
41 112
After tax
56 788
61 413
43 887
43 888
Living cost
16 245
16 245
16 245
16 245
Free-cash
40 543
45 168
27 642
27 643

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23035
₽18560
₽22524
₽22697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income
-
-
-
7 628
surtax
-
-
-
-
social contributions

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

-
-
-
29 537
total
-
-
-
37 165
Employee
36 440
-
68 687
-
surtax
-
-
-
-
social contributions
4 009
-
7 556
-
income
7 120
-
17 259
-
total
11 129
-
24 815
-
Employer
36 440
-
68 687
-
social contributions
8 654
-
16 313
-
total
8 654
-
16 313
-
Corporate
39 906
85 000
-
-
income
8 381
17 851
-
-
surtax
-
-
-
-
total
8 381
17 851
-
-
Dividends
31 525
67 149
-
-
withholding
8 827
18 802
-
-
total
8 827
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 991
36 653
41 128
37 165
After tax
48 009
48 347
43 872
47 835
Living cost
25 312
25 312
25 312
25 312
Free-cash
22 697
23 035
18 560
22 524

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24295
₽12525
₽11922
₽17133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
764
income
-
-
-
14 582
other
-
-
-
86
unemployment
-
-
-
595
pensions
-
-
-
24 055
total
-
-
-
40 082
Employee
45 344
-
64 453
-
other
45
-
64
-
unemployment
702
-
1 000
-
pensions
2 131
-
3 029
-
income
9 471
-
14 839
-
total
12 349
-
18 932
-
Employer
45 344
-
64 453
-
pensions
10 701
-
15 210
-
accident
898
-
1 276
-
unemployment
2 494
-
3 546
-
other
363
-
515
-
total
14 456
-
20 547
-
Corporate
25 200
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.

3 781
12 750
-
-
total
3 781
12 750
-
-
Dividends
21 419
72 250
-
-
withholding
4 285
14 959
-
-
total
4 285
14 959
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 871
27 709
39 479
40 082
After tax
50 129
57 291
45 521
44 918
Living cost
32 996
32 996
32 996
32 996
Free-cash
17 133
24 295
12 525
11 922

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56524
₽49808
₽47342
₽50801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
12 750
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
21 507
Employee
21 387
-
78 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
7 856
-
health
984
-
1 509
-
total
5 236
-
12 606
-
Employer
21 387
-
78 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
59 417
85 000
-
-
income
5 942
8 500
-
-
total
5 942
8 500
-
-
Dividends
53 476
76 500
-
-
withholding
2 674
3 825
-
-
total
2 674
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
18 048
12 325
19 041
21 507
After tax
66 952
72 675
65 959
63 493
Living cost
16 151
16 151
16 151
16 151
Free-cash
50 801
56 524
49 808
47 342

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7628
₽25266
₽19333
₽19910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
85 000
income

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

-
-
-
16 181
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.

-
-
-
891
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.

-
-
-
6 414
trade
-
-
-
5 933
total
-
-
-
29 419
Employee

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

46 715
-
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.

212
-
891
-
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.

3 841
-
16 181
-
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.

6 414
-
6 414
-
total
10 467
-
23 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 285
85 000
-
-
income
5 742
12 750
-
-
surtax

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

315
702
-
-
chamber of commerce
200
267
-
-
trade
5 495
12 198
-
-
total
11 752
25 917
-
-
Dividends
26 533
59 083
-
-
surtax

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

346
793
-
-
withholding
6 277
14 414
-
-
total
6 623
15 207
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 842
41 124
23 486
29 419
After tax
56 158
43 876
61 514
55 581
Living cost
36 248
36 248
36 248
36 248
Free-cash
19 910
7 628
25 266
19 333

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6018
₽5663
₽5663
₽8091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
18 482
social contributions
-
-
-
7 372
total
-
-
-
25 854
Employee
73 441
-
85 000
-
income
13 858
-
18 482
-
social contributions
6 101
-
7 372
-
total
19 959
-
25 854
-
Employer
73 441
-
85 000
-
total
-
-
-
-
Corporate
11 559
85 000
-
-
income
1 445
10 624
-
-
total
1 445
10 624
-
-
Dividends
10 114
74 376
-
-
withholding
2 022
14 875
-
-
total
2 022
14 875
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 426
25 499
25 854
25 854
After tax
61 574
59 501
59 146
59 146
Living cost
53 483
53 483
53 483
53 483
Free-cash
8 091
6 018
5 663
5 663

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
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.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16207
₽28205
₽18513
₽20783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
85 000
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
80 681
-
income
4 673
-
14 075
-
social contributions
4 315
-
4 319
-
total
8 988
-
18 394
-
Employer
43 070
-
80 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
37 615
85 000
-
-
income
13 165
29 751
-
-
total
13 165
29 751
-
-
Dividends
24 450
55 249
-
-
social contributions
3 667
4 960
-
-
total
3 667
4 960
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 135
34 711
22 713
32 405
After tax
54 865
50 289
62 287
52 595
Living cost
34 082
34 082
34 082
34 082
Free-cash
20 783
16 207
28 205
18 513

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28699
₽18547
₽27923
₽23384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 011
pensions
-
-
-
6 078
total
-
-
-
22 089
Employee
48 026
-
75 001
-
pensions
3 666
-
6 904
-
income
8 746
-
13 384
-
health
626
-
1 178
-
total
13 038
-
21 466
-
Employer
48 026
-
75 001
-
health
913
-
1 425
-
pensions
4 852
-
8 574
-
total
5 765
-
9 999
-
Corporate
31 209
85 000
-
-
income

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

5 929
16 150
-
-
total
5 929
16 150
-
-
Dividends
25 280
68 850
-
-
withholding
1 896
5 163
-
-
total
1 896
5 163
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 628
21 313
31 465
22 089
After tax
58 372
63 687
53 535
62 911
Living cost
34 988
34 988
34 988
34 988
Free-cash
23 384
28 699
18 547
27 923

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15779
₽20605
₽35739
₽3410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
240
income
-
-
-
19 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
26 597
Employee
35 652
-
71 569
-
pensions
4 014
-
7 259
-
income
4 891
-
12 848
-
health
4 082
-
8 194
-
total
12 987
-
28 301
-
Employer
35 652
-
71 569
-
pensions
5 797
-
10 482
-
accident
595
-
1 195
-
unemployment
873
-
1 753
-
total
7 265
-
13 430
-
Corporate
42 083
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.

37 874
76 500
-
-
total
37 874
76 500
-
-
Dividends
4 208
8 500
-
-
withholding
800
1 615
-
-
total
800
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
58 926
78 115
41 731
26 597
After tax
26 074
6 885
43 269
58 403
Living cost
22 664
22 664
22 664
22 664
Free-cash
3 410
-15 779
20 605
35 739

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59563
₽38861
₽36140
₽54996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
85 000
income
-
-
-
12 798
unemployment
-
-
-
1 020
work injury
-
-
-
425
health insurance
-
-
-
6 290
pensions
-
-
-
15 640
total
-
-
-
36 173
Employee

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

20 298
-
85 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
12 798
-
total
7 612
-
33 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 702
85 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
64 702
85 000
-
-
withholding
9 705
12 750
-
-
total
9 705
12 750
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 317
12 750
33 452
36 173
After tax
67 683
72 250
51 548
48 827
Living cost
12 687
12 687
12 687
12 687
Free-cash
54 996
59 563
38 861
36 140

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7370
₽2227
₽6117
₽3099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
21 861
regional
-
-
-
1 615
municipal
-
-
-
568
national
-
-
-
17 436
total
-
-
-
41 480
Employee
79 116
-
85 000
-
municipal
472
-
508
-
national
13 370
-
14 852
-
regional
1 194
-
1 348
-
social contributions
26 677
-
28 662
-
total
41 713
-
45 370
-
Employer
79 116
-
85 000
-
total
-
-
-
-
Corporate
5 884
85 000
-
-
municipal
283
4 096
-
-
nationa
1 413
20 400
-
-
total
1 696
24 496
-
-
Dividends
4 188
60 503
-
-
withholding
1 089
15 731
-
-
total
1 089
15 731
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 498
40 227
45 370
41 480
After tax
40 502
44 773
39 630
43 520
Living cost
37 403
37 403
37 403
37 403
Free-cash
3 099
7 370
2 227
6 117

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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