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
₽ 86000
per

Your estimated
City
free-cash

Dresden , Germany
₽13101
₽24210
₽26153
₽32342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
trade
-
-
-
6 189
income

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

-
-
-
15 519
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.

-
-
-
6 862
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.

-
-
-
854
total
-
-
-
29 424
Employee

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

38 417
-
86 000
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
854
-
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.

1 073
-
15 519
-
total
7 994
-
23 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 583
86 000
-
-
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.

393
709
-
-
income
7 138
12 900
-
-
trade
7 495
13 545
-
-
chamber of commerce
221
276
-
-
total
15 247
27 430
-
-
Dividends
32 336
58 569
-
-
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.

423
785
-
-
withholding
7 703
14 261
-
-
total
8 126
15 046
-
-
Income
86 000
86 000
86 000
86 000
Total tax
31 367
42 476
23 235
29 424
After tax
54 633
43 524
62 765
56 576
Living cost
30 423
30 423
30 423
30 423
Free-cash
24 210
13 101
32 342
26 153

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2981
₽302
₽1680
₽2354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
8 783
pensions
-
-
-
10 320
national
-
-
-
13 610
social contributions
-
-
-
924
total
-
-
-
33 637
Employee
78 568
-
74 346
-
municipal
9 704
-
9 116
-
pensions
3 143
-
2 974
-
national
15 038
-
14 126
-
total
27 885
-
26 216
-
Employer
78 568
-
74 346
-
social contributions
845
-
799
-
pensions
6 285
-
5 948
-
total
7 130
-
6 747
-
Corporate
-
86 000
-
-
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%.

-
17 200
-
-
total
-
17 200
-
-
Dividends
-
68 800
-
-
withholding
-
15 136
-
-
total
-
15 136
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 015
32 336
32 963
33 637
After tax
50 985
53 664
53 037
52 363
Living cost
50 683
50 683
50 683
50 683
Free-cash
302
2 981
2 354
1 680

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47903
₽39665
₽25177
₽27742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
microenterprise
-
-
-
-
income
-
-
-
12 277
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.

-
-
-
27 650
total
-
-
-
39 927
Employee
29 350
-
69 305
-
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.

3 229
-
7 624
-
surtax
-
-
-
-
income
5 225
-
13 043
-
total
8 454
-
20 667
-
Employer
29 350
-
69 305
-
social contributions

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

7 070
-
16 695
-
surtax
-
-
-
-
total
7 070
-
16 695
-
Corporate
49 580
86 000
-
-
income

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

9 915
17 201
-
-
total
9 915
17 201
-
-
Dividends

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

39 665
68 799
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
25 439
17 201
37 362
39 927
After tax
60 561
68 799
48 638
46 073
Living cost
20 896
20 896
20 896
20 896
Free-cash
39 665
47 903
27 742
25 177

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8103
-₽13741
₽6817
-₽13741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
14 126
pensions
-
-
-
11 768
health
-
-
-
11 212
total
-
-
-
37 106
Employee
85 774
85 774
85 774
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 774
85 774
85 774
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
57 664
52 026
57 664
37 106
After tax
28 336
33 974
28 336
48 894
Living cost
42 077
42 077
42 077
42 077
Free-cash
-13 741
-8 103
-13 741
6 817

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7993
₽7119
₽4031
₽6962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
18 268
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
43 006
Employee
55 518
-
65 439
-
municipal
16 556
-
19 514
-
national
-
-
-
-
total
16 556
-
19 514
-
Employer
55 518
-
65 439
-
accident
111
-
131
-
other
6 451
-
7 604
-
unemployment
1 466
-
1 728
-
pensions
6 001
-
7 074
-
health
3 414
-
4 024
-
total
17 443
-
20 561
-
Corporate
13 038
86 000
-
-
income
2 868
18 920
-
-
total
2 868
18 920
-
-
Dividends
10 169
67 080
-
-
withholding
3 051
20 124
-
-
total
3 051
20 124
-
-
Income
86 000
86 000
86 000
86 000
Total tax
39 918
39 044
40 075
43 006
After tax
46 082
46 956
45 925
42 994
Living cost
38 963
38 963
38 963
38 963
Free-cash
7 119
7 993
6 962
4 031

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3625
₽17737
₽16842
₽23307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
trade
-
-
-
6 465
income

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

-
-
-
15 519
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.

-
-
-
6 862
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.

-
-
-
854
total
-
-
-
29 700
Employee

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

50 937
-
86 000
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
854
-
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.

4 376
-
15 519
-
total
11 478
-
23 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 063
86 000
-
-
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.

290
709
-
-
income
5 259
12 900
-
-
trade
5 768
14 147
-
-
chamber of commerce
202
274
-
-
total
11 519
28 030
-
-
Dividends
23 545
57 969
-
-
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.

303
776
-
-
withholding
5 505
14 111
-
-
total
5 808
14 887
-
-
Income
86 000
86 000
86 000
86 000
Total tax
28 805
42 917
23 235
29 700
After tax
57 195
43 083
62 765
56 300
Living cost
39 458
39 458
39 458
39 458
Free-cash
17 737
3 625
23 307
16 842

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30455
₽26290
₽30399
₽30312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
7 413
health
-
-
-
2 194
social contributions
-
-
-
13 415
total
-
-
-
23 022
Employee
77 236
77 236
78 074
-
social contributions
3 753
6 410
6 481
-
health
768
1 313
1 327
-
income
8 110
7 150
7 375
-
total
12 631
14 873
15 183
-
Employer
77 236
77 236
78 074
-
social contributions
3 753
6 410
6 481
-
health
837
1 430
1 445
-
total
4 590
7 840
7 926
-
Corporate
36 200
925
-
-
income
4 525
116
-
-
total
4 525
116
-
-
Dividends
31 675
808
-
-
withholding
5 385
137
-
-
total
5 385
137
-
-
Income
86 000
86 000
86 000
86 000
Total tax
27 131
22 966
23 109
23 022
After tax
58 869
63 034
62 891
62 978
Living cost
32 579
32 579
32 579
32 579
Free-cash
26 290
30 455
30 312
30 399

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30272
₽30651
₽41347
₽31626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
10 514
pensions
-
-
-
8 600
unemployment
-
-
-
1 290
health
-
-
-
6 020
total
-
-
-
26 424
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
71 967
-
health
1 842
733
5 038
-
income
3 217
1 280
8 798
-
pensions
2 631
1 047
7 197
-
unemployment
395
157
1 079
-
total
8 085
3 217
22 112
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
71 967
-
pensions
5 131
2 042
14 033
-
total
5 131
2 042
14 033
-
Corporate
54 555
73 485
-
-
income
4 910
6 614
-
-
total
4 910
6 614
-
-
Dividends
49 645
66 872
-
-
social contributions
9 561
12 920
-
-
withholding
9 433
12 706
-
-
total
18 994
25 626
-
-
Income
86 000
86 000
86 000
86 000
Total tax
37 120
37 499
36 145
26 424
After tax
48 880
48 501
49 855
59 576
Living cost
18 229
18 229
18 229
18 229
Free-cash
30 651
30 272
31 626
41 347

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44538
₽38299
₽21835
₽25308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
11 524
pensions
-
-
-
17 201
health
-
-
-
11 179
total
-
-
-
39 904
Employee
28 494
-
64 274
-
income
3 208
-
12 391
-
pensions
570
-
1 285
-
unemployment
456
-
1 029
-
total
4 234
-
14 705
-
Employer
28 494
-
64 274
-
unemployment
229
-
515
-
pensions
5 699
-
12 855
-
health
3 704
-
8 356
-
total
9 632
-
21 726
-
Corporate
47 875
86 000
-
-
income
9 574
17 201
-
-
total
9 574
17 201
-
-
Dividends
38 300
68 799
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
23 440
17 201
36 431
39 904
After tax
62 560
68 799
49 569
46 096
Living cost
24 261
24 261
24 261
24 261
Free-cash
38 299
44 538
25 308
21 835

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15079
₽3583
₽37072
₽21489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
253
income
-
-
-
19 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 883
Employee
34 678
-
71 994
-
health
3 971
-
8 243
-
income
4 758
-
12 572
-
pensions
3 905
-
7 645
-
total
12 634
-
28 460
-
Employer
34 678
-
71 994
-
accident
579
-
1 202
-
unemployment
850
-
1 764
-
pensions
5 639
-
11 040
-
total
7 068
-
14 006
-
Corporate
44 254
86 000
-
-
income

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

39 829
77 400
-
-
total
39 829
77 400
-
-
Dividends
4 425
8 600
-
-
withholding
841
1 634
-
-
total
841
1 634
-
-
Income
86 000
86 000
86 000
86 000
Total tax
60 372
79 034
42 466
26 883
After tax
25 628
6 966
43 534
59 117
Living cost
22 045
22 045
22 045
22 045
Free-cash
3 583
-15 079
21 489
37 072

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72600
₽70894
₽76040
₽59700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
86 000
microenterprise

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

-
-
-
860
total
-
-
-
860
Employee
11 375
-
86 000
-
income
2 275
-
17 200
-
total
2 275
-
17 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

74 625
86 000
-
-
total
-
-
-
-
Dividends
74 625
86 000
-
-
withholding
3 731
4 300
-
-
total
3 731
4 300
-
-
Income
86 000
86 000
86 000
86 000
Total tax
6 006
4 300
17 200
860
After tax
79 994
81 700
68 800
85 140
Living cost
9 100
9 100
9 100
9 100
Free-cash
70 894
72 600
59 700
76 040

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36420
₽29637
₽19804
₽23645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
10 924
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.

-
-
-
20 639
other
-
-
-
4 085
health
-
-
-
3 784
total
-
-
-
39 432
Employee
36 470
-
68 691
-
health
511
-
963
-
income
6 279
-
11 823
-
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.

2 552
-
4 809
-
unemployment
364
-
686
-
total
9 706
-
18 281
-
Employer
36 470
-
68 691
-
accident
292
-
549
-
other
1 824
-
3 435
-
unemployment
364
-
686
-
pensions

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

6 201
-
11 677
-
health
511
-
963
-
total
9 192
-
17 310
-
Corporate
40 339
86 000
-
-
income
8 471
18 060
-
-
total
8 471
18 060
-
-
Dividends
31 868
67 940
-
-
withholding
2 230
4 756
-
-
total
2 230
4 756
-
-
Income
86 000
86 000
86 000
86 000
Total tax
29 599
22 816
35 591
39 432
After tax
56 401
63 184
50 409
46 568
Living cost
26 764
26 764
26 764
26 764
Free-cash
29 637
36 420
23 645
19 804

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2666
-₽21952
-₽3154
-₽12776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
15 987
pensions
-
-
-
6 065
total
-
-
-
22 052
Employee
94 939
-
75 966
-
health
1 564
-
1 176
-
income
17 114
-
13 581
-
pensions
9 159
-
6 883
-
total
27 837
-
21 640
-
Employer
94 939
-
75 966
-
pensions
11 210
-
8 591
-
health
1 803
-
1 443
-
total
13 013
-
10 034
-
Corporate
-
86 000
-
-
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.

-
16 340
-
-
total
-
16 340
-
-
Dividends
-
69 660
-
-
withholding
-
5 224
-
-
total
-
5 224
-
-
Income
86 000
86 000
86 000
86 000
Total tax
40 850
21 564
31 674
22 052
After tax
45 150
64 436
54 326
63 948
Living cost
67 102
67 102
67 102
67 102
Free-cash
-21 952
-2 666
-12 776
-3 154

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and 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

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
₽60362
₽55698
₽50566
₽52957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
12 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
22 266
Employee
17 436
-
79 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
7 912
-
pensions

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

1 531
-
3 080
-
total
4 268
-
12 992
-
Employer
17 436
-
79 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
65 143
86 000
-
-
income
6 514
8 600
-
-
total
6 514
8 600
-
-
Dividends
58 629
77 400
-
-
withholding
2 931
3 870
-
-
total
2 931
3 870
-
-
Income
86 000
86 000
86 000
86 000
Total tax
17 134
12 470
19 875
22 266
After tax
68 866
73 530
66 125
63 734
Living cost
13 168
13 168
13 168
13 168
Free-cash
55 698
60 362
52 957
50 566

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21723
-₽23428
-₽6803
-₽27361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
14 126
pensions
-
-
-
11 768
health
-
-
-
11 212
total
-
-
-
37 106
Employee
93 123
85 774
85 774
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 123
85 774
85 774
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
53 731
52 026
57 664
37 106
After tax
32 269
33 974
28 336
48 894
Living cost
55 697
55 697
55 697
55 697
Free-cash
-23 428
-21 723
-27 361
-6 803

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35192
₽26623
₽17867
₽19622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
7 392
health
-
-
-
11 610
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 112
total
-
-
-
44 114
Employee
35 322
-
64 179
-
social contributions
2 296
-
4 172
-
health
4 768
-
8 664
-
solidarity contribution
-
-
-
-
income
4 239
-
7 702
-
total
11 303
-
20 538
-
Employer
35 322
-
64 179
-
social contributions
8 831
-
16 045
-
health
3 179
-
5 776
-
total
12 010
-
21 821
-
Corporate
38 668
86 000
-
-
income
7 347
16 340
-
-
total
7 347
16 340
-
-
Dividends
31 321
69 660
-
-
withholding
4 698
10 449
-
-
total
4 698
10 449
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 358
26 789
42 359
44 114
After tax
50 642
59 211
43 641
41 886
Living cost
24 019
24 019
24 019
24 019
Free-cash
26 623
35 192
19 622
17 867

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3501
-₽3267
₽2802
-₽1290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
511
regional
-
-
-
924
national
-
-
-
17 262
social contributions
-
-
-
22 118
total
-
-
-
40 815
Employee
89 267
-
86 000
-
social contributions
30 101
-
28 999
-
regional
842
-
806
-
municipal
473
-
456
-
national
15 468
-
14 646
-
total
46 884
-
44 907
-
Employer
89 267
-
86 000
-
total
-
-
-
-
Corporate
-
86 000
-
-
nationa
-
20 639
-
-
municipal
-
3 355
-
-
total
-
23 994
-
-
Dividends
-
62 006
-
-
withholding
-
16 122
-
-
total
-
16 122
-
-
Income
86 000
86 000
86 000
86 000
Total tax
46 884
40 116
44 907
40 815
After tax
39 116
45 884
41 093
45 185
Living cost
42 383
42 383
42 383
42 383
Free-cash
-3 267
3 501
-1 290
2 802

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31930
₽28803
₽23563
₽21915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
15 106
pensions
-
-
-
17 201
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 105
surtax
-
-
-
1 632
total
-
-
-
40 273
Employee
33 216
-
71 045
-
other
-
-
-
-
health
848
-
1 811
-
surtax
109
-
1 443
-
income
5 568
-
14 029
-
pensions
2 215
-
4 739
-
unemployment
2 312
-
4 944
-
total
11 052
-
26 966
-
Employer
33 216
-
71 045
-
other
-
-
-
-
unemployment
1 052
-
2 253
-
pensions
4 428
-
9 469
-
health
1 512
-
3 233
-
total
6 992
-
14 955
-
Corporate
45 793
86 000
-
-
income
11 905
22 360
-
-
total
11 905
22 360
-
-
Dividends
33 887
63 640
-
-
withholding
5 084
9 546
-
-
total
5 084
9 546
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 033
31 906
41 921
40 273
After tax
50 967
54 094
44 079
45 727
Living cost
22 164
22 164
22 164
22 164
Free-cash
28 803
31 930
21 915
23 563

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18594
₽10698
₽18106
₽8484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
15 987
pensions
-
-
-
6 065
total
-
-
-
22 052
Employee
63 626
-
75 966
-
health
924
-
1 176
-
income
11 459
-
13 581
-
pensions
5 400
-
6 883
-
total
17 783
-
21 640
-
Employer
63 626
-
75 966
-
pensions
6 887
-
8 591
-
health
1 209
-
1 443
-
total
8 096
-
10 034
-
Corporate
14 278
86 000
-
-
income

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

2 713
16 340
-
-
total
2 713
16 340
-
-
Dividends
11 565
69 660
-
-
withholding
868
5 224
-
-
total
868
5 224
-
-
Income
86 000
86 000
86 000
86 000
Total tax
29 460
21 564
31 674
22 052
After tax
56 540
64 436
54 326
63 948
Living cost
45 842
45 842
45 842
45 842
Free-cash
10 698
18 594
8 484
18 106

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37065
-₽11910
-₽4214
-₽8615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
city
-
-
-
906
pensions
-
-
-
7 913
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.

-
-
-
1 721
regional
-
-
-
2 653
health
-
-
-
249
national
-
-
-
382
total
-
-
-
13 824
Employee
89 396
-
76 973
-
city
959
-
826
-
regional
2 927
-
2 254
-
health
202
-
173
-
pensions
7 510
-
6 467
-
unemployment
-
-
-
-
national
423
-
325
-
total
12 021
-
10 045
-
Employer
89 396
-
76 973
-
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.

1 787
-
1 540
-
unemployment
-
-
-
-
pensions
7 510
-
6 467
-
health
202
-
173
-
total
9 499
-
8 180
-
Corporate
-
86 000
-
-
regional
-
18 189
-
-
national
-
7 310
-
-
total
-
25 499
-
-
Dividends
-
60 500
-
-
withholding
-
21 176
-
-
total
-
21 176
-
-
Income
86 000
86 000
86 000
86 000
Total tax
21 520
46 675
18 225
13 824
After tax
64 480
39 325
67 775
72 176
Living cost
76 390
76 390
76 390
76 390
Free-cash
-11 910
-37 065
-8 615
-4 214

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3373
₽12913
₽10012
₽16752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
trade
-
-
-
6 740
income

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

-
-
-
15 519
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.

-
-
-
6 862
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.

-
-
-
854
total
-
-
-
29 975
Employee

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

60 364
-
86 000
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
854
-
income

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

7 098
-
15 519
-
total
14 351
-
23 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 636
86 000
-
-
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
709
-
-
income
3 845
12 900
-
-
trade
4 397
14 749
-
-
chamber of commerce
189
274
-
-
total
8 643
28 632
-
-
Dividends
16 994
57 367
-
-
surtax

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

213
768
-
-
withholding
3 867
13 960
-
-
total
4 080
14 728
-
-
Income
86 000
86 000
86 000
86 000
Total tax
27 074
43 360
23 235
29 975
After tax
58 926
42 640
62 765
56 025
Living cost
46 013
46 013
46 013
46 013
Free-cash
12 913
-3 373
16 752
10 012

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8980
₽14910
₽15568
₽15720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
6 148
pensions
-
-
-
24 002
other
-
-
-
2 667
health
-
-
-
799
surtax
-
-
-
-
social contributions
-
-
-
2 451
total
-
-
-
36 067
Employee
42 988
-
65 534
-
social contributions
1 226
-
1 868
-
surtax
-
-
-
-
income
2 537
-
6 169
-
pensions
4 861
-
7 413
-
total
8 624
-
15 450
-
Employer
42 988
-
65 534
-
other
1 483
-
2 261
-
social contributions
130
-
196
-
unemployment
1 740
-
2 653
-
pensions
7 062
-
10 767
-
health
3 010
-
4 588
-
total
13 425
-
20 465
-
Corporate
29 588
86 000
-
-
surtax
-
-
-
-
income
8 284
24 080
-
-
total
8 284
24 080
-
-
Dividends
21 304
61 920
-
-
surtax
-
-
-
-
social contributions
3 664
10 649
-
-
withholding
2 728
7 926
-
-
total
6 392
18 575
-
-
Income
86 000
86 000
86 000
86 000
Total tax
36 725
42 655
35 915
36 067
After tax
49 275
43 345
50 085
49 933
Living cost
34 365
34 365
34 365
34 365
Free-cash
14 910
8 980
15 720
15 568

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12385
₽17965
₽18973
₽19125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
6 148
pensions
-
-
-
24 002
other
-
-
-
2 667
health
-
-
-
799
surtax
-
-
-
-
social contributions
-
-
-
2 451
total
-
-
-
36 067
Employee
38 373
-
65 534
-
social contributions
1 094
-
1 868
-
surtax
-
-
-
-
income
1 979
-
6 169
-
pensions
4 340
-
7 413
-
total
7 413
-
15 450
-
Employer
38 373
-
65 534
-
other
1 325
-
2 261
-
social contributions
114
-
196
-
unemployment
1 553
-
2 653
-
pensions
6 305
-
10 767
-
health
2 686
-
4 588
-
total
11 983
-
20 465
-
Corporate
35 644
86 000
-
-
surtax
-
-
-
-
income
9 980
24 080
-
-
total
9 980
24 080
-
-
Dividends
25 663
61 920
-
-
surtax
-
-
-
-
social contributions
4 415
10 649
-
-
withholding
3 284
7 926
-
-
total
7 699
18 575
-
-
Income
86 000
86 000
86 000
86 000
Total tax
37 075
42 655
35 915
36 067
After tax
48 925
43 345
50 085
49 933
Living cost
30 960
30 960
30 960
30 960
Free-cash
17 965
12 385
19 125
18 973

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31169
₽31691
₽33932
₽34829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
12 900
health
-
-
-
6 002
social contributions
-
-
-
11 867
total
-
-
-
30 769
Employee
34 056
-
86 000
-
social contributions
4 700
-
11 867
-
health
2 377
-
6 002
-
income
5 680
-
12 003
-
total
12 757
-
29 872
-
Employer
34 056
-
86 000
-
total
-
-
-
-
Corporate
51 944
86 000
-
-
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%.

2 598
4 300
-
-
total
2 598
4 300
-
-
Dividends
49 346
81 700
-
-
health
3 444
5 703
-
-
social contributions
6 810
11 275
-
-
withholding
7 401
12 254
-
-
total
17 655
29 232
-
-
Income
86 000
86 000
86 000
86 000
Total tax
33 010
33 532
29 872
30 769
After tax
52 990
52 468
56 128
55 231
Living cost
21 299
21 299
21 299
21 299
Free-cash
31 691
31 169
34 829
33 932

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13061
₽11506
₽9946
-₽6957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
chamber of commerce
-
-
-
343
income
-
-
-
11 471
pensions
-
-
-
15 910
unemployment
-
-
-
6 160
health
-
-
-
6 580
surtax
-
-
-
198
total
-
-
-
40 662
Employee
50 197
40 028
66 627
-
other
501
400
667
-
health
1 942
1 550
2 579
-
income
5 714
2 953
10 422
-
pensions
5 141
4 098
6 822
-
unemployment
1 506
1 201
1 999
-
total
14 804
10 202
22 489
-
Employer
50 197
40 028
66 627
-
accident
652
520
865
-
other
2 385
1 900
3 164
-
chamber of commerce
200
160
267
-
unemployment
1 506
1 201
1 999
-
surtax
198
198
198
-
pensions
6 300
5 024
8 362
-
payroll
1 506
1 201
1 999
-
health
1 897
1 513
2 518
-
total
14 644
11 717
19 372
-
Corporate
21 161
34 254
62 814
-
income

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

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

5 289
8 564
15 704
-
total
5 289
8 564
15 704
-
Dividends
15 871
25 689
-
-
withholding
4 365
7 064
-
-
total
4 365
7 064
-
-
Income
86 000
86 000
86 000
86 000
Total tax
39 102
37 547
57 565
40 662
After tax
46 898
48 453
28 435
45 338
Living cost
35 392
35 392
35 392
35 392
Free-cash
11 506
13 061
-6 957
9 946

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11663
-₽6762
₽5344
-₽2229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
national
-
-
-
26 997
communal

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

-
-
-
4 401
social contributions
-
-
-
12 635
total
-
-
-
44 033
Employee

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

71 847
-
66 609
-
communal

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

3 747
-
3 475
-
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.

3 376
-
3 132
-
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.

5 389
-
4 996
-
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.

625
-
579
-
national
22 089
-
20 038
-
total
35 226
-
32 220
-
Employer

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

71 847
-
66 609
-
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.

934
-
865
-
unemployment

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

1 048
-
972
-
surtax
8 147
-
7 552
-
pensions

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

6 366
-
5 901
-
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.

4 418
-
4 096
-
total
20 913
-
19 386
-
Corporate
-
86 000
-
-
surtax
-
343
-
-
income
-
17 201
-
-
total
-
17 544
-
-
Dividends
-
68 456
-
-
withholding

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

-
20 170
-
-
total
-
20 170
-
-
Income
86 000
86 000
86 000
86 000
Total tax
56 139
37 714
51 606
44 033
After tax
29 861
48 286
34 394
41 967
Living cost
36 623
36 623
36 623
36 623
Free-cash
-6 762
11 663
-2 229
5 344

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21703
₽13702
₽9362
₽9974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
774
income
-
-
-
14 563
pensions
-
-
-
24 339
other
-
-
-
86
unemployment
-
-
-
602
total
-
-
-
40 364
Employee
49 998
-
65 212
-
other
50
-
65
-
income
10 549
-
14 825
-
pensions
2 350
-
3 065
-
unemployment
776
-
1 010
-
total
13 725
-
18 965
-
Employer
49 998
-
65 212
-
accident
989
-
1 290
-
other
398
-
520
-
unemployment
2 750
-
3 587
-
pensions
11 799
-
15 390
-
total
15 936
-
20 787
-
Corporate
20 065
86 000
-
-
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.

3 010
12 900
-
-
total
3 010
12 900
-
-
Dividends
17 056
73 100
-
-
withholding
3 353
15 123
-
-
total
3 353
15 123
-
-
Income
86 000
86 000
86 000
86 000
Total tax
36 024
28 023
39 752
40 364
After tax
49 976
57 977
46 248
45 636
Living cost
36 274
36 274
36 274
36 274
Free-cash
13 702
21 703
9 974
9 362

Estimated living cost  is ₽36274 per week

₽26712
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.
₽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.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1552
-₽7721
-₽3795
₽430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
724
income
-
-
-
5 855
pensions
-
-
-
12 891
health
-
-
-
6 042
surtax
-
-
-
4 264
communal
-
-
-
5 434
total
-
-
-
35 210
Employee
76 064
-
76 820
-
health
3 385
-
3 418
-
surtax
4 662
-
4 708
-
income
7 347
-
7 534
-
pensions
6 084
-
6 145
-
total
21 478
-
21 805
-
Employer
76 064
-
76 820
-
accident
684
-
692
-
pensions
6 084
-
6 145
-
health
2 320
-
2 343
-
total
9 088
-
9 180
-
Corporate
847
86 000
-
-
surtax
10
903
-
-
communal
-
5 806
-
-
income
128
12 900
-
-
total
138
19 609
-
-
Dividends
710
66 390
-
-
income
8 325
3 399
-
-
withholding
107
9 959
-
-
total
8 432
13 358
-
-
Income
86 000
86 000
86 000
86 000
Total tax
39 136
32 967
30 985
35 210
After tax
46 864
53 033
55 015
50 790
Living cost
54 585
54 585
54 585
54 585
Free-cash
-7 721
-1 552
430
-3 795

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31533
₽28338
₽23166
₽21518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
15 106
pensions
-
-
-
17 201
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 105
surtax
-
-
-
1 632
total
-
-
-
40 273
Employee
33 826
-
71 045
-
other
-
-
-
-
health
863
-
1 811
-
surtax
120
-
1 443
-
income
5 671
-
14 029
-
pensions
2 257
-
4 739
-
unemployment
2 354
-
4 944
-
total
11 265
-
26 966
-
Employer
33 826
-
71 045
-
other
-
-
-
-
unemployment
1 073
-
2 253
-
pensions
4 510
-
9 469
-
health
1 538
-
3 233
-
total
7 121
-
14 955
-
Corporate
45 053
86 000
-
-
income
11 713
22 360
-
-
total
11 713
22 360
-
-
Dividends
33 340
63 640
-
-
withholding
5 002
9 546
-
-
total
5 002
9 546
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 101
31 906
41 921
40 273
After tax
50 899
54 094
44 079
45 727
Living cost
22 561
22 561
22 561
22 561
Free-cash
28 338
31 533
21 518
23 166

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18148
₽15917
₽17755
₽13684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
511
regional
-
-
-
1 297
national
-
-
-
17 262
social contributions
-
-
-
22 118
total
-
-
-
41 188
Employee
55 717
-
86 000
-
social contributions
18 788
-
28 999
-
regional
750
-
1 158
-
municipal
295
-
456
-
national
8 827
-
14 646
-
total
28 660
-
45 259
-
Employer
55 717
-
86 000
-
total
-
-
-
-
Corporate
30 283
86 000
-
-
nationa
7 268
20 639
-
-
municipal
1 506
4 273
-
-
total
8 774
24 912
-
-
Dividends
21 509
61 087
-
-
withholding
5 592
15 883
-
-
total
5 592
15 883
-
-
Income
86 000
86 000
86 000
86 000
Total tax
43 026
40 795
45 259
41 188
After tax
42 974
45 205
40 741
44 812
Living cost
27 057
27 057
27 057
27 057
Free-cash
15 917
18 148
13 684
17 755

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29613
₽19054
₽12288
₽14043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
7 392
health
-
-
-
11 610
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 112
total
-
-
-
44 114
Employee
43 526
-
64 179
-
social contributions
2 829
-
4 172
-
health
5 876
-
8 664
-
solidarity contribution
-
-
-
-
income
5 223
-
7 702
-
total
13 928
-
20 538
-
Employer
43 526
-
64 179
-
social contributions
10 882
-
16 045
-
health
3 917
-
5 776
-
total
14 799
-
21 821
-
Corporate
27 675
86 000
-
-
income
5 258
16 340
-
-
total
5 258
16 340
-
-
Dividends
22 417
69 660
-
-
withholding
3 363
10 449
-
-
total
3 363
10 449
-
-
Income
86 000
86 000
86 000
86 000
Total tax
37 348
26 789
42 359
44 114
After tax
48 652
59 211
43 641
41 886
Living cost
29 598
29 598
29 598
29 598
Free-cash
19 054
29 613
14 043
12 288

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16514
₽16020
₽13491
-₽3566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
chamber of commerce
-
-
-
343
income
-
-
-
11 471
pensions
-
-
-
15 910
unemployment
-
-
-
6 160
health
-
-
-
6 580
surtax
-
-
-
-
total
-
-
-
40 464
Employee
43 906
40 028
66 783
-
other
438
400
667
-
health
1 698
1 550
2 585
-
income
3 911
2 953
10 468
-
pensions
4 496
4 098
6 839
-
unemployment
1 317
1 201
2 003
-
total
11 860
10 202
22 562
-
Employer
43 906
40 028
66 783
-
accident
570
520
867
-
other
2 085
1 900
3 172
-
chamber of commerce
175
160
267
-
unemployment
1 317
1 201
2 003
-
surtax
-
-
-
-
pensions
5 511
5 024
8 381
-
payroll
1 317
1 201
2 003
-
health
1 660
1 513
2 524
-
total
12 635
11 519
19 217
-
Corporate
29 458
34 452
62 971
-
income

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

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

7 365
8 614
15 742
-
total
7 365
8 614
15 742
-
Dividends
22 093
25 838
-
-
withholding
6 075
7 106
-
-
total
6 075
7 106
-
-
Income
86 000
86 000
86 000
86 000
Total tax
37 935
37 441
57 521
40 464
After tax
48 065
48 559
28 479
45 536
Living cost
32 045
32 045
32 045
32 045
Free-cash
16 020
16 514
-3 566
13 491

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67519
₽64860
₽70959
₽54619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
86 000
microenterprise

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

-
-
-
860
total
-
-
-
860
Employee
17 726
-
86 000
-
income
3 545
-
17 200
-
total
3 545
-
17 200
-
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%.

68 274
86 000
-
-
total
-
-
-
-
Dividends
68 274
86 000
-
-
withholding
3 414
4 300
-
-
total
3 414
4 300
-
-
Income
86 000
86 000
86 000
86 000
Total tax
6 959
4 300
17 200
860
After tax
79 041
81 700
68 800
85 140
Living cost
14 181
14 181
14 181
14 181
Free-cash
64 860
67 519
54 619
70 959

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽32269
₽23869
₽18185
₽15722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
income
-
-
-
16 575
pensions
-
-
-
15 706
unemployment
-
-
-
130
health
-
-
-
8 463
total
-
-
-
40 874
Employee

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

44 416
-
74 415
-
health
2 869
-
4 807
-
income
7 659
-
15 305
-
pensions
6 885
-
11 534
-
unemployment
63
-
105
-
total
17 476
-
31 751
-
Employer

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

44 416
-
74 415
-
unemployment
27
-
44
-
pensions
3 930
-
6 586
-
health
2 958
-
4 956
-
total
6 915
-
11 586
-
Corporate
34 669
86 000
-
-
income
6 587
16 341
-
-
total
6 587
16 341
-
-
Dividends
28 081
69 659
-
-
withholding
4 212
10 449
-
-
total
4 212
10 449
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 190
26 790
43 337
40 874
After tax
50 810
59 210
42 663
45 126
Living cost
26 941
26 941
26 941
26 941
Free-cash
23 869
32 269
15 722
18 185

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8760
-₽64533
₽15871
₽29156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
16 763
social contributions
-
-
-
9 804
total
-
-
-
26 567
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
86 000
-
-
income
-
18 920
-
-
total
-
18 920
-
-
Dividends
-
67 080
-
-
income
-
14 758
-
-
total
-
14 758
-
-
Income
86 000
86 000
86 000
86 000
Total tax
106 971
33 678
13 282
26 567
After tax
-20 971
52 322
72 718
59 433
Living cost
43 562
43 562
43 562
43 562
Free-cash
-64 533
8 760
29 156
15 871

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17411
₽16398
₽17014
₽13193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
income
-
-
-
7 594
surtax
-
-
-
-
social contributions

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

-
-
-
29 886
total
-
-
-
37 480
Employee
46 196
-
69 495
-
social contributions
5 082
-
7 645
-
surtax
-
-
-
-
income
9 609
-
17 151
-
total
14 691
-
24 796
-
Employer
46 196
-
69 495
-
social contributions
10 971
-
16 505
-
total
10 971
-
16 505
-
Corporate
28 833
86 000
-
-
surtax
-
-
-
-
income
6 056
18 060
-
-
total
6 056
18 060
-
-
Dividends
22 777
67 940
-
-
withholding
6 378
19 023
-
-
total
6 378
19 023
-
-
Income
86 000
86 000
86 000
86 000
Total tax
38 096
37 083
41 301
37 480
After tax
47 904
48 917
44 699
48 520
Living cost
31 506
31 506
31 506
31 506
Free-cash
16 398
17 411
13 193
17 014

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
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.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5167
₽1735
₽1421
₽1573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
6 148
pensions
-
-
-
24 002
other
-
-
-
2 667
health
-
-
-
799
surtax
-
-
-
-
social contributions
-
-
-
2 451
total
-
-
-
36 067
Employee
62 909
-
65 534
-
social contributions
1 792
-
1 868
-
surtax
-
-
-
-
income
5 489
-
6 169
-
pensions
7 115
-
7 413
-
total
14 396
-
15 450
-
Employer
62 909
-
65 534
-
other
2 171
-
2 261
-
social contributions
189
-
196
-
unemployment
2 548
-
2 653
-
pensions
10 337
-
10 767
-
health
4 403
-
4 588
-
total
19 648
-
20 465
-
Corporate
3 443
86 000
-
-
surtax
-
-
-
-
income
964
24 080
-
-
total
964
24 080
-
-
Dividends
2 478
61 920
-
-
surtax
-
-
-
-
social contributions
429
10 649
-
-
withholding
316
7 926
-
-
total
745
18 575
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 753
42 655
35 915
36 067
After tax
50 247
43 345
50 085
49 933
Living cost
48 512
48 512
48 512
48 512
Free-cash
1 735
-5 167
1 573
1 421

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47207
₽43833
₽35820
₽38235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
1 067
social contributions
-
-
-
18 920
total
-
-
-
19 987
Employee
32 291
-
74 459
-
income
-
-
1 193
-
social contributions
2 099
-
4 840
-
total
2 099
-
6 033
-
Employer
32 291
-
74 459
-
social contributions
5 005
-
11 539
-
total
5 005
-
11 539
-
Corporate
48 703
86 000
-
-
income
4 870
8 600
-
-
total
4 870
8 600
-
-
Dividends
43 833
77 400
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
11 974
8 600
17 572
19 987
After tax
74 026
77 400
68 428
66 013
Living cost
30 193
30 193
30 193
30 193
Free-cash
43 833
47 207
38 235
35 820

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽132840
-₽132840
₽5627
-₽132840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
15 418
pensions
-
-
-
871
national
-
-
-
8 901
labour market
-
-
-
6 810
total
-
-
-
32 000
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 000
86 000
86 000
86 000
Total tax
170 467
170 467
170 467
32 000
After tax
-84 467
-84 467
-84 467
54 000
Living cost
48 373
48 373
48 373
48 373
Free-cash
-132 840
-132 840
-132 840
5 627

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14754
₽3635
₽37397
₽21814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
253
income
-
-
-
19 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 883
Employee
34 167
-
71 994
-
health
3 912
-
8 243
-
income
4 687
-
12 572
-
pensions
3 847
-
7 645
-
total
12 446
-
28 460
-
Employer
34 167
-
71 994
-
accident
571
-
1 202
-
unemployment
837
-
1 764
-
pensions
5 555
-
11 040
-
total
6 963
-
14 006
-
Corporate
44 870
86 000
-
-
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.

40 383
77 400
-
-
total
40 383
77 400
-
-
Dividends
4 487
8 600
-
-
withholding
853
1 634
-
-
total
853
1 634
-
-
Income
86 000
86 000
86 000
86 000
Total tax
60 645
79 034
42 466
26 883
After tax
25 355
6 966
43 534
59 117
Living cost
21 720
21 720
21 720
21 720
Free-cash
3 635
-14 754
21 814
37 397

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19720
₽16041
₽24123
₽11642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
86 000
municipal
-
-
-
15 317
health
-
-
-
905
national
-
-
-
7 092
total
-
-
-
23 314
Employee
52 845
-
72 349
-
health
395
-
696
-
municipal
8 656
-
11 823
-
pensions
3 566
-
4 883
-
unemployment
793
-
1 085
-
national
873
-
3 656
-
total
14 283
-
22 143
-
Employer
52 845
-
72 349
-
accident
53
-
72
-
unemployment
343
-
471
-
pensions
9 168
-
12 552
-
health
406
-
557
-
total
9 970
-
13 652
-
Corporate
23 184
86 000
-
-
income
4 638
17 201
-
-
total
4 638
17 201
-
-
Dividends

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

13 910
51 600
-
-
national
-
1 228
-
-
municipal
2 505
9 288
-
-
total
2 505
10 516
-
-
Income
86 000
86 000
86 000
86 000
Total tax
31 396
27 717
35 795
23 314
After tax
54 604
58 283
50 205
62 686
Living cost
38 563
38 563
38 563
38 563
Free-cash
16 041
19 720
11 642
24 123

Estimated living cost  is ₽38563 per week

₽25189
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.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39779
₽34313
₽39723
₽39636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
7 413
health
-
-
-
2 194
social contributions
-
-
-
13 415
total
-
-
-
23 022
Employee
77 236
77 236
78 074
-
social contributions
2 920
6 410
6 481
-
health
599
1 313
1 327
-
income
8 410
7 150
7 375
-
total
11 929
14 873
15 183
-
Employer
77 236
77 236
78 074
-
social contributions
2 920
6 410
6 481
-
health
650
1 430
1 445
-
total
3 570
7 840
7 926
-
Corporate
47 246
925
-
-
income
5 905
116
-
-
total
5 905
116
-
-
Dividends
41 341
808
-
-
withholding
7 028
137
-
-
total
7 028
137
-
-
Income
86 000
86 000
86 000
86 000
Total tax
28 432
22 966
23 109
23 022
After tax
57 568
63 034
62 891
62 978
Living cost
23 255
23 255
23 255
23 255
Free-cash
34 313
39 779
39 636
39 723

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55269
₽50160
₽52000
₽37143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 000
income
-
-
-
8 000
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
18 053
Employee

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

23 055
-
77 968
-
health
1 959
-
6 627
-
income
1 576
-
6 163
-
pensions
3 458
-
11 696
-
unemployment
114
-
391
-
total
7 107
-
24 877
-
Employer

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

23 055
-
77 968
-
unemployment
114
-
391
-
pensions
1 268
-
4 289
-
health
991
-
3 353
-
total
2 373
-
8 033
-
Corporate
60 572
86 000
-
-
income
5 451
7 741
-
-
total
5 451
7 741
-
-
Dividends
55 120
78 259
-
-
withholding
4 962
7 043
-
-
total
4 962
7 043
-
-
Income
86 000
86 000
86 000
86 000
Total tax
19 893
14 784
32 910
18 053
After tax
66 107
71 216
53 090
67 947
Living cost
15 947
15 947
15 947
15 947
Free-cash
50 160
55 269
37 143
52 000

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30356
₽25089
₽18015
₽18627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
774
income
-
-
-
14 563
pensions
-
-
-
24 339
other
-
-
-
86
unemployment
-
-
-
602
total
-
-
-
40 364
Employee
37 140
-
65 212
-
other
36
-
65
-
income
7 160
-
14 825
-
pensions
1 746
-
3 065
-
unemployment
576
-
1 010
-
total
9 518
-
18 965
-
Employer
37 140
-
65 212
-
accident
736
-
1 290
-
other
297
-
520
-
unemployment
2 043
-
3 587
-
pensions
8 764
-
15 390
-
total
11 840
-
20 787
-
Corporate
37 020
86 000
-
-
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.

5 552
12 900
-
-
total
5 552
12 900
-
-
Dividends
31 467
73 100
-
-
withholding
6 380
15 123
-
-
total
6 380
15 123
-
-
Income
86 000
86 000
86 000
86 000
Total tax
33 290
28 023
39 752
40 364
After tax
52 710
57 977
46 248
45 636
Living cost
27 621
27 621
27 621
27 621
Free-cash
25 089
30 356
18 627
18 015

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50913
₽50460
₽51533
₽51337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
28 254
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
31 716
Employee
4 190
-
83 743
-
health
210
-
502
-
income
811
-
28 149
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
29 654
-
Employer
4 190
-
83 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
80 867
86 000
-
-
income
17 791
18 920
-
-
total
17 791
18 920
-
-
Dividends
63 076
67 080
-
-
withholding
12 615
13 416
-
-
total
12 615
13 416
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 789
32 336
31 912
31 716
After tax
53 211
53 664
54 088
54 284
Living cost
2 751
2 751
2 751
2 751
Free-cash
50 460
50 913
51 337
51 533

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44765
₽39824
₽26381
₽26696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
86 000
income
-
-
-
14 191
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
42 249
Employee

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

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

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

26 193
-
72 943
-
health
1 349
-
3 757
-
income
3 610
-
14 361
-
pensions
3 667
-
10 212
-
unemployment
196
-
547
-
total
8 822
-
28 877
-
Employer

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

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

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

26 193
-
72 943
-
unemployment
196
-
547
-
pensions
3 143
-
8 753
-
health
1 349
-
3 757
-
total
4 688
-
13 057
-
Corporate
55 119
86 000
-
-
income
8 268
12 900
-
-
total
8 268
12 900
-
-
Dividends
46 851
73 100
-
-
withholding
7 028
10 965
-
-
total
7 028
10 965
-
-
Income
86 000
86 000
86 000
86 000
Total tax
28 806
23 865
41 934
42 249
After tax
57 194
62 135
44 066
43 751
Living cost
17 370
17 370
17 370
17 370
Free-cash
39 824
44 765
26 696
26 381

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21838
₽21476
₽21441
₽17620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
income
-
-
-
7 594
surtax
-
-
-
-
social contributions

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

-
-
-
29 886
total
-
-
-
37 480
Employee
38 984
-
69 495
-
social contributions
4 289
-
7 645
-
surtax
-
-
-
-
income
7 617
-
17 151
-
total
11 906
-
24 796
-
Employer
38 984
-
69 495
-
social contributions
9 258
-
16 505
-
total
9 258
-
16 505
-
Corporate
37 758
86 000
-
-
surtax
-
-
-
-
income
7 929
18 060
-
-
total
7 929
18 060
-
-
Dividends
29 829
67 940
-
-
withholding
8 352
19 023
-
-
total
8 352
19 023
-
-
Income
86 000
86 000
86 000
86 000
Total tax
37 445
37 083
41 301
37 480
After tax
48 555
48 917
44 699
48 520
Living cost
27 079
27 079
27 079
27 079
Free-cash
21 476
21 838
17 620
21 441

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22677
₽15015
₽10336
₽10948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
774
income
-
-
-
14 563
pensions
-
-
-
24 339
other
-
-
-
86
unemployment
-
-
-
602
total
-
-
-
40 364
Employee
48 509
-
65 212
-
other
48
-
65
-
income
10 132
-
14 825
-
pensions
2 280
-
3 065
-
unemployment
751
-
1 010
-
total
13 211
-
18 965
-
Employer
48 509
-
65 212
-
accident
961
-
1 290
-
other
389
-
520
-
unemployment
2 669
-
3 587
-
pensions
11 448
-
15 390
-
total
15 467
-
20 787
-
Corporate
22 025
86 000
-
-
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.

3 303
12 900
-
-
total
3 303
12 900
-
-
Dividends
18 722
73 100
-
-
withholding
3 704
15 123
-
-
total
3 704
15 123
-
-
Income
86 000
86 000
86 000
86 000
Total tax
35 685
28 023
39 752
40 364
After tax
50 315
57 977
46 248
45 636
Living cost
35 300
35 300
35 300
35 300
Free-cash
15 015
22 677
10 948
10 336

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56254
₽50135
₽46458
₽48849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
12 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
22 266
Employee
22 876
-
79 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
7 912
-
pensions

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

2 008
-
3 080
-
total
5 599
-
12 992
-
Employer
22 876
-
79 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
58 635
86 000
-
-
income
5 863
8 600
-
-
total
5 863
8 600
-
-
Dividends
52 772
77 400
-
-
withholding
2 639
3 870
-
-
total
2 639
3 870
-
-
Income
86 000
86 000
86 000
86 000
Total tax
18 589
12 470
19 875
22 266
After tax
67 411
73 530
66 125
63 734
Living cost
17 276
17 276
17 276
17 276
Free-cash
50 135
56 254
48 849
46 458

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5631
₽18769
₽18347
₽23987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
trade
-
-
-
5 640
income

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

-
-
-
15 519
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.

-
-
-
6 862
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.

-
-
-
854
total
-
-
-
28 875
Employee

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

49 976
-
86 000
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
854
-
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.

4 110
-
15 519
-
total
11 199
-
23 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 024
86 000
-
-
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.

297
709
-
-
income
5 404
12 900
-
-
trade
5 169
12 342
-
-
chamber of commerce
206
278
-
-
total
11 076
26 229
-
-
Dividends
24 947
59 770
-
-
surtax

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

322
801
-
-
withholding
5 856
14 561
-
-
total
6 178
15 362
-
-
Income
86 000
86 000
86 000
86 000
Total tax
28 453
41 591
23 235
28 875
After tax
57 547
44 409
62 765
57 125
Living cost
38 778
38 778
38 778
38 778
Free-cash
18 769
5 631
23 987
18 347

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2983
₽5202
₽3642
₽3642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
17 797
social contributions
-
-
-
7 344
total
-
-
-
25 141
Employee
78 569
-
86 000
-
income
14 826
-
17 797
-
social contributions
6 527
-
7 344
-
total
21 353
-
25 141
-
Employer
78 569
-
86 000
-
total
-
-
-
-
Corporate
7 431
86 000
-
-
income
928
10 750
-
-
total
928
10 750
-
-
Dividends
6 503
75 250
-
-
withholding
1 300
15 050
-
-
total
1 300
15 050
-
-
Income
86 000
86 000
86 000
86 000
Total tax
23 581
25 800
25 141
25 141
After tax
62 419
60 200
60 859
60 859
Living cost
57 217
57 217
57 217
57 217
Free-cash
5 202
2 983
3 642
3 642

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14131
₽19506
₽14218
₽26474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
81 380
-
income
5 000
-
13 825
-
social contributions
4 617
-
4 620
-
total
9 617
-
18 445
-
Employer
46 077
-
81 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
35 306
86 000
-
-
income
12 357
30 101
-
-
total
12 357
30 101
-
-
Dividends
22 949
55 899
-
-
social contributions
3 442
5 307
-
-
total
3 442
5 307
-
-
Income
86 000
86 000
86 000
86 000
Total tax
30 033
35 408
23 065
35 321
After tax
55 967
50 592
62 935
50 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
19 506
14 131
26 474
14 218

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽27168
₽21509
₽26680
₽17058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
income
-
-
-
15 987
pensions
-
-
-
6 065
total
-
-
-
22 052
Employee
51 156
-
75 966
-
health
667
-
1 176
-
income
9 316
-
13 581
-
pensions
3 904
-
6 883
-
total
13 887
-
21 640
-
Employer
51 156
-
75 966
-
pensions
5 168
-
8 591
-
health
972
-
1 443
-
total
6 140
-
10 034
-
Corporate
28 704
86 000
-
-
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.

5 453
16 340
-
-
total
5 453
16 340
-
-
Dividends
23 250
69 660
-
-
withholding
1 743
5 224
-
-
total
1 743
5 224
-
-
Income
86 000
86 000
86 000
86 000
Total tax
27 223
21 564
31 674
22 052
After tax
58 777
64 436
54 326
63 948
Living cost
37 268
37 268
37 268
37 268
Free-cash
21 509
27 168
17 058
26 680

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16905
₽3305
₽35246
₽19663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
accident
-
-
-
253
income
-
-
-
19 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 883
Employee
37 549
-
71 994
-
health
4 299
-
8 243
-
income
5 151
-
12 572
-
pensions
4 228
-
7 645
-
total
13 678
-
28 460
-
Employer
37 549
-
71 994
-
accident
627
-
1 202
-
unemployment
920
-
1 764
-
pensions
6 105
-
11 040
-
total
7 652
-
14 006
-
Corporate
40 799
86 000
-
-
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.

36 719
77 400
-
-
total
36 719
77 400
-
-
Dividends
4 080
8 600
-
-
withholding
775
1 634
-
-
total
775
1 634
-
-
Income
86 000
86 000
86 000
86 000
Total tax
58 824
79 034
42 466
26 883
After tax
27 176
6 966
43 534
59 117
Living cost
23 871
23 871
23 871
23 871
Free-cash
3 305
-16 905
19 663
35 246

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59534
₽54650
₽35980
₽37544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 000
work injury
-
-
-
430
health insurance
-
-
-
6 364
income
-
-
-
12 804
pensions
-
-
-
15 824
unemployment
-
-
-
1 032
total
-
-
-
36 454
Employee

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

21 706
-
86 000
-
work injury
109
-
402
-
income
2 171
-
12 804
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
34 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 294
86 000
-
-
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
64 294
86 000
-
-
withholding
9 644
12 900
-
-
total
9 644
12 900
-
-
Income
86 000
86 000
86 000
86 000
Total tax
17 784
12 900
34 890
36 454
After tax
68 216
73 100
51 110
49 546
Living cost
13 566
13 566
13 566
13 566
Free-cash
54 650
59 534
37 544
35 980

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5285
₽717
₽4445
₽514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 000
municipal
-
-
-
576
regional
-
-
-
1 585
national
-
-
-
17 262
social contributions
-
-
-
22 118
total
-
-
-
41 541
Employee
84 639
-
86 000
-
social contributions
28 540
-
28 999
-
regional
1 278
-
1 314
-
municipal
505
-
513
-
national
14 303
-
14 646
-
total
44 626
-
45 472
-
Employer
84 639
-
86 000
-
total
-
-
-
-
Corporate
1 361
86 000
-
-
nationa
326
20 639
-
-
municipal
65
4 146
-
-
total
391
24 785
-
-
Dividends
970
61 215
-
-
withholding
252
15 916
-
-
total
252
15 916
-
-
Income
86 000
86 000
86 000
86 000
Total tax
45 269
40 701
45 472
41 541
After tax
40 731
45 299
40 528
44 459
Living cost
40 014
40 014
40 014
40 014
Free-cash
717
5 285
514
4 445

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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