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
₽ 87000
per

Your estimated
City
free-cash

Dresden , Germany
₽13564
₽32935
₽26597
₽24689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income

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

-
-
-
15 859
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.

-
-
-
872
health

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

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

-
-
-
6 871
trade
-
-
-
6 338
total
-
-
-
29 940
Employee

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

38 468
-
87 000
-
surtax

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

59
-
872
-
income

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

1 075
-
15 859
-
health

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

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

6 871
-
6 871
-
total
8 005
-
23 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 532
87 000
-
-
income
7 279
13 049
-
-
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.

401
718
-
-
chamber of commerce
223
279
-
-
trade
7 644
13 702
-
-
total
15 547
27 748
-
-
Dividends
32 985
59 253
-
-
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.

433
794
-
-
withholding
7 863
14 431
-
-
total
8 296
15 225
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 848
42 973
23 602
29 940
After tax
55 152
44 027
63 398
57 060
Living cost
30 463
30 463
30 463
30 463
Free-cash
24 689
13 564
32 935
26 597

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽877
₽377
-₽306
-₽3311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
935
municipal
-
-
-
8 833
national
-
-
-
13 687
pensions
-
-
-
10 440
total
-
-
-
33 895
Employee
82 797
-
75 211
-
municipal
10 227
-
9 169
-
pensions
3 312
-
3 008
-
national
15 847
-
14 209
-
total
29 386
-
26 386
-
Employer
82 797
-
75 211
-
pensions
6 624
-
6 017
-
social contributions
890
-
809
-
total
7 514
-
6 826
-
Corporate
-
87 000
-
-
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%.

-
17 400
-
-
total
-
17 400
-
-
Dividends
-
69 600
-
-
withholding
-
15 312
-
-
total
-
15 312
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 900
32 712
33 212
33 895
After tax
50 100
54 288
53 788
53 105
Living cost
53 411
53 411
53 411
53 411
Free-cash
-3 311
877
377
-306

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽48675
₽28267
₽25674
₽40427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
12 432
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.

-
-
-
27 970
microenterprise
-
-
-
-
total
-
-
-
40 402
Employee
29 388
-
70 111
-
surtax
-
-
-
-
social contributions

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

3 233
-
7 713
-
income
5 231
-
13 207
-
total
8 464
-
20 920
-
Employer
29 388
-
70 111
-
social contributions

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

7 079
-
16 889
-
surtax
-
-
-
-
total
7 079
-
16 889
-
Corporate
50 533
87 000
-
-
income

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

10 106
17 401
-
-
total
10 106
17 401
-
-
Dividends

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

40 427
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
25 649
17 401
37 809
40 402
After tax
61 351
69 599
49 191
46 598
Living cost
20 924
20 924
20 924
20 924
Free-cash
40 427
48 675
28 267
25 674

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽7227
-₽12873
₽7326
-₽12873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
14 482
health
-
-
-
11 276
pensions
-
-
-
11 784
total
-
-
-
37 542
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
57 741
52 095
57 741
37 542
After tax
29 259
34 905
29 259
49 458
Living cost
42 132
42 132
42 132
42 132
Free-cash
-12 873
-7 227
-12 873
7 326

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽6296
₽5254
₽2162
₽5371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
174
other
-
-
-
10 109
unemployment
-
-
-
87
health
-
-
-
5 429
municipal
-
-
-
18 428
national
-
-
-
-
pensions
-
-
-
9 405
total
-
-
-
43 632
Employee
58 715
-
66 200
-
municipal
17 509
-
19 741
-
national
-
-
-
-
total
17 509
-
19 741
-
Employer
58 715
-
66 200
-
health
3 611
-
4 071
-
pensions
6 347
-
7 156
-
accident
117
-
132
-
unemployment
1 550
-
1 748
-
other
6 823
-
7 692
-
total
18 448
-
20 799
-
Corporate
9 837
87 000
-
-
income
2 164
19 140
-
-
total
2 164
19 140
-
-
Dividends
7 673
67 860
-
-
withholding
2 302
20 358
-
-
total
2 302
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 423
39 498
40 540
43 632
After tax
46 577
47 502
46 460
43 368
Living cost
41 206
41 206
41 206
41 206
Free-cash
5 371
6 296
5 254
2 162

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽4069
₽23888
₽17269
₽18202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income

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

-
-
-
15 859
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.

-
-
-
872
health

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

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

-
-
-
6 871
trade
-
-
-
6 619
total
-
-
-
30 221
Employee

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

51 004
-
87 000
-
surtax

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

240
-
872
-
income

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

4 382
-
15 859
-
health

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

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

6 871
-
6 871
-
total
11 493
-
23 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 996
87 000
-
-
income
5 399
13 049
-
-
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.

298
718
-
-
chamber of commerce
204
277
-
-
trade
5 922
14 311
-
-
total
11 823
28 355
-
-
Dividends
24 173
58 646
-
-
surtax

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

311
786
-
-
withholding
5 661
14 280
-
-
total
5 972
15 066
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 288
43 421
23 602
30 221
After tax
57 712
43 579
63 398
56 779
Living cost
39 510
39 510
39 510
39 510
Free-cash
18 202
4 069
23 888
17 269

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽31140
₽30861
₽30949
₽26970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 640
social contributions
-
-
-
13 572
health
-
-
-
2 218
total
-
-
-
23 430
Employee
77 337
77 337
78 982
-
social contributions
3 758
6 419
6 556
-
income
8 121
7 159
7 602
-
health
769
1 315
1 342
-
total
12 648
14 893
15 500
-
Employer
77 337
77 337
78 982
-
health
838
1 431
1 462
-
social contributions
3 758
6 419
6 556
-
total
4 596
7 850
8 018
-
Corporate
37 134
1 813
-
-
income
4 642
227
-
-
total
4 642
227
-
-
Dividends
32 493
1 586
-
-
withholding
5 523
269
-
-
total
5 523
269
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 409
23 239
23 518
23 430
After tax
59 591
63 761
63 482
63 570
Living cost
32 621
32 621
32 621
32 621
Free-cash
26 970
31 140
30 861
30 949

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽30609
₽31980
₽41814
₽30993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
10 636
unemployment
-
-
-
1 305
health
-
-
-
6 090
pensions
-
-
-
8 700
total
-
-
-
26 731
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
72 803
-
unemployment
400
159
1 092
-
pensions
2 664
1 060
7 280
-
income
3 257
1 296
8 900
-
health
1 865
742
5 096
-
total
8 186
3 257
22 368
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
72 803
-
pensions
5 195
2 068
14 197
-
total
5 195
2 068
14 197
-
Corporate
55 164
74 330
-
-
income
4 965
6 690
-
-
total
4 965
6 690
-
-
Dividends
50 200
67 640
-
-
social contributions
9 668
13 069
-
-
withholding
9 538
12 852
-
-
total
19 206
25 921
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 552
37 936
36 565
26 731
After tax
49 448
49 064
50 435
60 269
Living cost
18 455
18 455
18 455
18 455
Free-cash
30 993
30 609
31 980
41 814

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽45306
₽25852
₽22341
₽39060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 658
health
-
-
-
11 310
pensions
-
-
-
17 399
total
-
-
-
40 367
Employee
28 531
-
65 021
-
unemployment
456
-
1 040
-
pensions
571
-
1 300
-
income
3 212
-
12 536
-
total
4 239
-
14 876
-
Employer
28 531
-
65 021
-
health
3 708
-
8 453
-
pensions
5 707
-
13 005
-
unemployment
229
-
521
-
total
9 644
-
21 979
-
Corporate
48 824
87 000
-
-
income
9 764
17 401
-
-
total
9 764
17 401
-
-
Dividends
39 060
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 647
17 401
36 855
40 367
After tax
63 353
69 599
50 145
46 633
Living cost
24 292
24 292
24 292
24 292
Free-cash
39 060
45 306
25 852
22 341

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15353
₽21613
₽37407
₽3611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
257
income
-
-
-
20 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 193
Employee
35 237
-
72 784
-
pensions
3 968
-
7 768
-
income
4 834
-
12 670
-
health
4 035
-
8 333
-
total
12 837
-
28 771
-
Employer
35 237
-
72 784
-
pensions
5 730
-
11 218
-
accident
588
-
1 215
-
unemployment
863
-
1 783
-
total
7 181
-
14 216
-
Corporate
44 582
87 000
-
-
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.

40 124
78 300
-
-
total
40 124
78 300
-
-
Dividends
4 458
8 700
-
-
withholding
847
1 653
-
-
total
847
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
60 989
79 953
42 987
27 193
After tax
26 011
7 047
44 013
59 807
Living cost
22 400
22 400
22 400
22 400
Free-cash
3 611
-15 353
21 613
37 407

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽74510
₽61460
₽77990
₽72984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
87 000
microenterprise

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

-
-
-
870
total
-
-
-
870
Employee
10 174
-
87 000
-
income
2 035
-
17 400
-
total
2 035
-
17 400
-
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%.

76 826
87 000
-
-
total
-
-
-
-
Dividends
76 826
87 000
-
-
withholding
3 841
4 350
-
-
total
3 841
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
5 876
4 350
17 400
870
After tax
81 124
82 650
69 600
86 130
Living cost
8 140
8 140
8 140
8 140
Free-cash
72 984
74 510
61 460
77 990

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽37120
₽24198
₽20309
₽30324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 051
other
-
-
-
4 132
health
-
-
-
3 829
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.

-
-
-
20 880
total
-
-
-
39 892
Employee
36 518
-
69 491
-
unemployment
365
-
695
-
pensions

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

2 556
-
4 863
-
income
6 287
-
11 963
-
health
512
-
973
-
total
9 720
-
18 494
-
Employer
36 518
-
69 491
-
health
512
-
973
-
pensions

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

6 209
-
11 812
-
accident
292
-
555
-
unemployment
365
-
695
-
other
1 827
-
3 474
-
total
9 205
-
17 509
-
Corporate
41 279
87 000
-
-
income
8 669
18 269
-
-
total
8 669
18 269
-
-
Dividends
32 610
68 731
-
-
withholding
2 283
4 812
-
-
total
2 283
4 812
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 877
23 081
36 003
39 892
After tax
57 123
63 919
50 997
47 108
Living cost
26 799
26 799
26 799
26 799
Free-cash
30 324
37 120
24 198
20 309

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽1675
-₽11950
-₽2188
-₽20562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 169
pensions
-
-
-
6 160
total
-
-
-
22 329
Employee
94 595
-
76 824
-
pensions
9 126
-
6 992
-
income
17 052
-
13 727
-
health
1 559
-
1 196
-
total
27 737
-
21 915
-
Employer
94 595
-
76 824
-
health
1 797
-
1 460
-
pensions
11 169
-
8 716
-
total
12 966
-
10 176
-
Corporate
-
87 000
-
-
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.

-
16 530
-
-
total
-
16 530
-
-
Dividends
-
70 470
-
-
withholding
-
5 286
-
-
total
-
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 703
21 816
32 091
22 329
After tax
46 297
65 184
54 909
64 671
Living cost
66 859
66 859
66 859
66 859
Free-cash
-20 562
-1 675
-11 950
-2 188

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽61180
₽53789
₽51352
₽56500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 443
Employee
17 485
-
80 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
8 010
-
health
804
-
1 618
-
total
4 280
-
13 104
-
Employer
17 485
-
80 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
66 084
87 000
-
-
income
6 609
8 700
-
-
total
6 609
8 700
-
-
Dividends
59 476
78 300
-
-
withholding
2 974
3 915
-
-
total
2 974
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 295
12 615
20 006
22 443
After tax
69 705
74 385
66 994
64 557
Living cost
13 205
13 205
13 205
13 205
Free-cash
56 500
61 180
53 789
51 352

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽20865
-₽26511
-₽6312
-₽22571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
14 482
health
-
-
-
11 276
pensions
-
-
-
11 784
total
-
-
-
37 542
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
53 801
52 095
57 741
37 542
After tax
33 199
34 905
29 259
49 458
Living cost
55 770
55 770
55 770
55 770
Free-cash
-22 571
-20 865
-26 511
-6 312

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽34907
₽19157
₽17380
₽25989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
social contributions
-
-
-
25 404
solidarity contribution
-
-
-
-
health
-
-
-
11 745
total
-
-
-
44 627
Employee
36 754
-
64 925
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 220
-
income
4 411
-
7 791
-
health
4 962
-
8 765
-
total
11 762
-
20 776
-
Employer
36 754
-
64 925
-
health
3 308
-
5 843
-
social contributions
9 189
-
16 231
-
total
12 497
-
22 074
-
Corporate
37 749
87 000
-
-
income
7 172
16 530
-
-
total
7 172
16 530
-
-
Dividends
30 577
70 470
-
-
withholding
4 587
10 570
-
-
total
4 587
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 018
27 100
42 850
44 627
After tax
50 982
59 900
44 150
42 373
Living cost
24 993
24 993
24 993
24 993
Free-cash
25 989
34 907
19 157
17 380

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽3979
-₽944
₽3197
-₽2384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 376
regional
-
-
-
937
municipal
-
-
-
517
national
-
-
-
17 534
total
-
-
-
41 364
Employee
89 385
-
87 000
-
municipal
473
-
462
-
national
15 488
-
14 889
-
regional
843
-
817
-
social contributions
30 141
-
29 337
-
total
46 945
-
45 505
-
Employer
89 385
-
87 000
-
total
-
-
-
-
Corporate
-
87 000
-
-
municipal
-
3 393
-
-
nationa
-
20 880
-
-
total
-
24 273
-
-
Dividends
-
62 726
-
-
withholding
-
16 309
-
-
total
-
16 309
-
-
Income
87 000
87 000
87 000
87 000
Total tax
46 945
40 582
45 505
41 364
After tax
40 055
46 418
41 495
45 636
Living cost
42 439
42 439
42 439
42 439
Free-cash
-2 384
3 979
-944
3 197

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽32529
₽22291
₽23959
₽29399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 366
other
-
-
-
-
surtax
-
-
-
1 676
unemployment
-
-
-
229
health
-
-
-
6 176
pensions
-
-
-
17 401
total
-
-
-
40 848
Employee
33 259
-
71 871
-
other
-
-
-
-
unemployment
2 315
-
5 002
-
pensions
2 218
-
4 794
-
surtax
109
-
1 485
-
income
5 575
-
14 272
-
health
849
-
1 834
-
total
11 066
-
27 387
-
Employer
33 259
-
71 871
-
health
1 514
-
3 269
-
pensions
4 434
-
9 581
-
unemployment
1 054
-
2 279
-
other
-
-
-
-
total
7 002
-
15 129
-
Corporate
46 740
87 000
-
-
income
12 152
22 621
-
-
total
12 152
22 621
-
-
Dividends
34 588
64 379
-
-
withholding
5 188
9 657
-
-
total
5 188
9 657
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 408
32 278
42 516
40 848
After tax
51 592
54 722
44 484
46 152
Living cost
22 193
22 193
22 193
22 193
Free-cash
29 399
32 529
22 291
23 959

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽19508
₽9233
₽18995
₽11641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 169
pensions
-
-
-
6 160
total
-
-
-
22 329
Employee
63 395
-
76 824
-
pensions
5 381
-
6 992
-
income
11 418
-
13 727
-
health
920
-
1 196
-
total
17 719
-
21 915
-
Employer
63 395
-
76 824
-
health
1 204
-
1 460
-
pensions
6 863
-
8 716
-
total
8 067
-
10 176
-
Corporate
15 538
87 000
-
-
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.

2 952
16 530
-
-
total
2 952
16 530
-
-
Dividends
12 585
70 470
-
-
withholding
945
5 286
-
-
total
945
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 683
21 816
32 091
22 329
After tax
57 317
65 184
54 909
64 671
Living cost
45 676
45 676
45 676
45 676
Free-cash
11 641
19 508
9 233
18 995

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽39964
-₽11111
-₽6666
-₽15213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
other

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

-
-
-
1 741
regional
-
-
-
2 622
health
-
-
-
260
city
-
-
-
916
national
-
-
-
378
pensions
-
-
-
8 004
total
-
-
-
13 921
Employee
93 322
-
77 869
-
unemployment
-
-
-
-
pensions
7 840
-
6 542
-
national
442
-
319
-
regional
3 056
-
2 218
-
city
1 002
-
836
-
health
211
-
176
-
total
12 551
-
10 091
-
Employer
93 322
-
77 869
-
health
211
-
176
-
pensions
7 840
-
6 542
-
unemployment
-
-
-
-
other

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

1 866
-
1 557
-
total
9 917
-
8 275
-
Corporate
-
87 000
-
-
regional
-
18 401
-
-
national
-
7 396
-
-
total
-
25 797
-
-
Dividends
-
61 204
-
-
withholding
-
21 422
-
-
total
-
21 422
-
-
Income
87 000
87 000
87 000
87 000
Total tax
22 468
47 219
18 366
13 921
After tax
64 532
39 781
68 634
73 079
Living cost
79 745
79 745
79 745
79 745
Free-cash
-15 213
-39 964
-11 111
-6 666

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽2941
₽17324
₽10423
₽13368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income

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

-
-
-
15 859
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.

-
-
-
872
health

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

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

-
-
-
6 871
trade
-
-
-
6 901
total
-
-
-
30 503
Employee

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

60 444
-
87 000
-
surtax

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

391
-
872
-
income

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

7 108
-
15 859
-
health

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

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

6 871
-
6 871
-
total
14 370
-
23 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 556
87 000
-
-
income
3 983
13 049
-
-
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.

219
718
-
-
chamber of commerce
191
275
-
-
trade
4 554
14 921
-
-
total
8 947
28 963
-
-
Dividends
17 609
58 037
-
-
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.

221
777
-
-
withholding
4 020
14 127
-
-
total
4 241
14 904
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 558
43 867
23 602
30 503
After tax
59 442
43 133
63 398
56 497
Living cost
46 074
46 074
46 074
46 074
Free-cash
13 368
-2 941
17 324
10 423

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽9439
₽16143
₽16076
₽15380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 367
other
-
-
-
2 697
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
863
pensions
-
-
-
24 108
total
-
-
-
36 514
Employee
43 044
-
66 297
-
pensions
4 867
-
7 499
-
surtax
-
-
-
-
social contributions
1 227
-
1 890
-
income
2 540
-
6 353
-
total
8 634
-
15 742
-
Employer
43 044
-
66 297
-
health
3 014
-
4 642
-
pensions
7 071
-
10 894
-
unemployment
1 743
-
2 685
-
social contributions
130
-
198
-
other
1 485
-
2 286
-
total
13 443
-
20 705
-
Corporate
30 513
87 000
-
-
income
8 543
24 359
-
-
surtax
-
-
-
-
total
8 543
24 359
-
-
Dividends
21 970
62 641
-
-
surtax
-
-
-
-
social contributions
3 779
10 774
-
-
withholding
2 811
8 018
-
-
total
6 590
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 210
43 151
36 447
36 514
After tax
49 790
43 849
50 553
50 486
Living cost
34 410
34 410
34 410
34 410
Free-cash
15 380
9 439
16 143
16 076

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽12848
₽19552
₽19485
₽18434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 367
other
-
-
-
2 697
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
863
pensions
-
-
-
24 108
total
-
-
-
36 514
Employee
38 423
-
66 297
-
pensions
4 346
-
7 499
-
surtax
-
-
-
-
social contributions
1 096
-
1 890
-
income
1 981
-
6 353
-
total
7 423
-
15 742
-
Employer
38 423
-
66 297
-
health
2 689
-
4 642
-
pensions
6 314
-
10 894
-
unemployment
1 556
-
2 685
-
social contributions
115
-
198
-
other
1 326
-
2 286
-
total
12 000
-
20 705
-
Corporate
36 577
87 000
-
-
income
10 242
24 359
-
-
surtax
-
-
-
-
total
10 242
24 359
-
-
Dividends
26 336
62 641
-
-
surtax
-
-
-
-
social contributions
4 529
10 774
-
-
withholding
3 371
8 018
-
-
total
7 900
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 565
43 151
36 447
36 514
After tax
49 435
43 849
50 553
50 486
Living cost
31 001
31 001
31 001
31 001
Free-cash
18 434
12 848
19 552
19 485

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽31749
₽35399
₽34546
₽32270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 049
social contributions
-
-
-
12 005
health
-
-
-
6 073
total
-
-
-
31 127
Employee
34 101
-
87 000
-
social contributions
4 707
-
12 005
-
income
5 688
-
12 196
-
health
2 380
-
6 073
-
total
12 775
-
30 274
-
Employer
34 101
-
87 000
-
total
-
-
-
-
Corporate
52 899
87 000
-
-
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%.

2 645
4 350
-
-
total
2 645
4 350
-
-
Dividends
50 254
82 650
-
-
social contributions
6 936
11 406
-
-
withholding
7 539
12 398
-
-
health
3 508
5 770
-
-
total
17 983
29 574
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 403
33 924
30 274
31 127
After tax
53 597
53 076
56 726
55 873
Living cost
21 327
21 327
21 327
21 327
Free-cash
32 270
31 749
35 399
34 546

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽13562
-₽6769
₽10107
₽12003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 990
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
347
health
-
-
-
6 655
pensions
-
-
-
16 095
total
-
-
-
41 454
Employee
50 263
40 080
67 403
-
other
502
401
674
-
unemployment
1 508
1 202
2 021
-
pensions
5 147
4 103
6 901
-
income
5 722
2 956
10 635
-
health
1 945
1 552
2 609
-
total
14 824
10 214
22 840
-
Employer
50 263
40 080
67 403
-
chamber of commerce
200
160
269
-
health
1 899
1 515
2 548
-
pensions
6 308
5 031
8 459
-
accident
653
521
876
-
unemployment
1 508
1 202
2 021
-
surtax
198
198
198
-
payroll
1 508
1 202
2 021
-
other
2 388
1 903
3 201
-
total
14 662
11 732
19 593
-
Corporate
22 075
35 185
63 589
-
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.

5 520
8 797
15 897
-
total
5 520
8 797
15 897
-
Dividends
16 556
26 389
-
-
withholding
4 552
7 256
-
-
total
4 552
7 256
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 558
37 999
58 330
41 454
After tax
47 442
49 001
28 670
45 546
Living cost
35 439
35 439
35 439
35 439
Free-cash
12 003
13 562
-6 769
10 107

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽12172
-₽1942
₽5694
-₽5884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
communal

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

-
-
-
4 449
social contributions
-
-
-
12 839
national
-
-
-
27 347
total
-
-
-
44 635
Employee

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

71 942
-
67 383
-
unemployment

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

626
-
586
-
communal

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

3 752
-
3 514
-
pensions

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

5 396
-
5 054
-
national
22 118
-
20 335
-
health

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

3 380
-
3 166
-
total
35 272
-
32 655
-
Employer

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

71 942
-
67 383
-
health

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

4 424
-
4 145
-
pensions

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

6 375
-
5 970
-
accident

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

935
-
876
-
unemployment

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

1 050
-
983
-
surtax
8 157
-
7 642
-
total
20 941
-
19 616
-
Corporate
-
87 000
-
-
income
-
17 401
-
-
surtax
-
347
-
-
total
-
17 748
-
-
Dividends
-
69 252
-
-
withholding

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

-
20 409
-
-
total
-
20 409
-
-
Income
87 000
87 000
87 000
87 000
Total tax
56 213
38 157
52 271
44 635
After tax
30 787
48 843
34 729
42 365
Living cost
36 671
36 671
36 671
36 671
Free-cash
-5 884
12 172
-1 942
5 694

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽22328
₽10426
₽9809
₽14314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 768
other
-
-
-
88
unemployment
-
-
-
609
pensions
-
-
-
24 621
total
-
-
-
40 869
Employee
50 064
-
65 971
-
other
50
-
67
-
unemployment
777
-
1 023
-
pensions
2 353
-
3 101
-
income
10 563
-
15 033
-
total
13 743
-
19 224
-
Employer
50 064
-
65 971
-
pensions
11 814
-
15 568
-
accident
991
-
1 305
-
unemployment
2 754
-
3 628
-
other
399
-
527
-
total
15 958
-
21 028
-
Corporate
20 979
87 000
-
-
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.

3 147
13 049
-
-
total
3 147
13 049
-
-
Dividends
17 831
73 951
-
-
withholding
3 516
15 301
-
-
total
3 516
15 301
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 364
28 350
40 252
40 869
After tax
50 636
58 650
46 748
46 131
Living cost
36 322
36 322
36 322
36 322
Free-cash
14 314
22 328
10 426
9 809

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽1034
₽885
-₽3367
-₽7251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
communal
-
-
-
5 499
accident
-
-
-
733
income
-
-
-
6 013
surtax
-
-
-
4 313
health
-
-
-
6 113
pensions
-
-
-
13 040
total
-
-
-
35 711
Employee
76 164
-
77 715
-
pensions
6 092
-
6 216
-
surtax
4 668
-
4 762
-
income
7 357
-
7 738
-
health
3 390
-
3 458
-
total
21 507
-
22 174
-
Employer
76 164
-
77 715
-
health
2 323
-
2 370
-
pensions
6 092
-
6 216
-
accident
685
-
699
-
total
9 100
-
9 285
-
Corporate
1 735
87 000
-
-
communal
-
5 873
-
-
income
260
13 049
-
-
surtax
19
914
-
-
total
279
19 836
-
-
Dividends
1 457
67 164
-
-
income
8 491
3 467
-
-
withholding
218
10 075
-
-
total
8 709
13 542
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 595
33 378
31 459
35 711
After tax
47 405
53 622
55 541
51 289
Living cost
54 656
54 656
54 656
54 656
Free-cash
-7 251
-1 034
885
-3 367

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽32132
₽21894
₽23562
₽28935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 366
other
-
-
-
-
surtax
-
-
-
1 676
unemployment
-
-
-
229
health
-
-
-
6 176
pensions
-
-
-
17 401
total
-
-
-
40 848
Employee
33 870
-
71 871
-
other
-
-
-
-
unemployment
2 357
-
5 002
-
pensions
2 260
-
4 794
-
surtax
120
-
1 485
-
income
5 678
-
14 272
-
health
865
-
1 834
-
total
11 280
-
27 387
-
Employer
33 870
-
71 871
-
health
1 540
-
3 269
-
pensions
4 516
-
9 581
-
unemployment
1 075
-
2 279
-
other
-
-
-
-
total
7 131
-
15 129
-
Corporate
45 999
87 000
-
-
income
11 959
22 621
-
-
total
11 959
22 621
-
-
Dividends
34 040
64 379
-
-
withholding
5 105
9 657
-
-
total
5 105
9 657
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 475
32 278
42 516
40 848
After tax
51 525
54 722
44 484
46 152
Living cost
22 590
22 590
22 590
22 590
Free-cash
28 935
32 132
21 894
23 562

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽18637
₽14048
₽18168
₽16401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 376
regional
-
-
-
1 312
municipal
-
-
-
517
national
-
-
-
17 534
total
-
-
-
41 739
Employee
55 790
-
87 000
-
municipal
296
-
462
-
national
8 839
-
14 889
-
regional
751
-
1 171
-
social contributions
18 813
-
29 337
-
total
28 699
-
45 859
-
Employer
55 790
-
87 000
-
total
-
-
-
-
Corporate
31 210
87 000
-
-
municipal
1 552
4 323
-
-
nationa
7 491
20 880
-
-
total
9 043
25 203
-
-
Dividends
22 167
61 797
-
-
withholding
5 764
16 067
-
-
total
5 764
16 067
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 506
41 270
45 859
41 739
After tax
43 494
45 730
41 141
45 261
Living cost
27 093
27 093
27 093
27 093
Free-cash
16 401
18 637
14 048
18 168

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽29102
₽13352
₽11575
₽18114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
social contributions
-
-
-
25 404
solidarity contribution
-
-
-
-
health
-
-
-
11 745
total
-
-
-
44 627
Employee
45 291
-
64 925
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 220
-
income
5 435
-
7 791
-
health
6 114
-
8 765
-
total
14 493
-
20 776
-
Employer
45 291
-
64 925
-
health
4 076
-
5 843
-
social contributions
11 323
-
16 231
-
total
15 399
-
22 074
-
Corporate
26 310
87 000
-
-
income
4 999
16 530
-
-
total
4 999
16 530
-
-
Dividends
21 311
70 470
-
-
withholding
3 197
10 570
-
-
total
3 197
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 088
27 100
42 850
44 627
After tax
48 912
59 900
44 150
42 373
Living cost
30 798
30 798
30 798
30 798
Free-cash
18 114
29 102
13 352
11 575

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽17021
-₽3381
₽13657
₽16521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 990
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
347
health
-
-
-
6 655
pensions
-
-
-
16 095
total
-
-
-
41 256
Employee
43 964
40 080
67 557
-
other
439
401
676
-
unemployment
1 319
1 202
2 027
-
pensions
4 502
4 103
6 919
-
income
3 916
2 956
10 679
-
health
1 701
1 552
2 615
-
total
11 877
10 214
22 916
-
Employer
43 964
40 080
67 557
-
chamber of commerce
176
160
271
-
health
1 662
1 515
2 554
-
pensions
5 518
5 031
8 478
-
accident
571
521
878
-
unemployment
1 319
1 202
2 027
-
surtax
-
-
-
-
payroll
1 319
1 202
2 027
-
other
2 088
1 903
3 208
-
total
12 653
11 534
19 443
-
Corporate
30 384
35 384
63 740
-
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.

7 596
8 846
15 935
-
total
7 596
8 846
15 935
-
Dividends
22 788
26 538
-
-
withholding
6 266
7 298
-
-
total
6 266
7 298
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 392
37 892
58 294
41 256
After tax
48 608
49 108
28 706
45 744
Living cost
32 087
32 087
32 087
32 087
Free-cash
16 521
17 021
-3 381
13 657

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽69966
₽56916
₽73446
₽67588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
87 000
microenterprise

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

-
-
-
870
total
-
-
-
870
Employee
15 855
-
87 000
-
income
3 171
-
17 400
-
total
3 171
-
17 400
-
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%.

71 145
87 000
-
-
total
-
-
-
-
Dividends
71 145
87 000
-
-
withholding
3 557
4 350
-
-
total
3 557
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 728
4 350
17 400
870
After tax
80 272
82 650
69 600
86 130
Living cost
12 684
12 684
12 684
12 684
Free-cash
67 588
69 966
56 916
73 446

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽32924
₽16136
₽18631
₽24511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
16 814
unemployment
-
-
-
130
health
-
-
-
8 560
pensions
-
-
-
15 889
total
-
-
-
41 393
Employee

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

44 474
-
75 279
-
unemployment
63
-
105
-
pensions
6 894
-
11 669
-
income
7 670
-
15 530
-
health
2 872
-
4 863
-
total
17 499
-
32 167
-
Employer

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

44 474
-
75 279
-
health
2 962
-
5 012
-
pensions
3 936
-
6 663
-
unemployment
27
-
46
-
total
6 925
-
11 721
-
Corporate
35 601
87 000
-
-
income
6 764
16 530
-
-
total
6 764
16 530
-
-
Dividends
28 837
70 470
-
-
withholding
4 325
10 570
-
-
total
4 325
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 513
27 100
43 888
41 393
After tax
51 487
59 900
43 112
45 607
Living cost
26 976
26 976
26 976
26 976
Free-cash
24 511
32 924
16 136
18 631

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽8928
₽29581
₽16121
-₽65057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 958
social contributions
-
-
-
9 918
total
-
-
-
26 876
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
87 000
-
-
income
-
19 140
-
-
total
-
19 140
-
-
Dividends
-
67 860
-
-
income
-
14 929
-
-
total
-
14 929
-
-
Income
87 000
87 000
87 000
87 000
Total tax
108 054
34 069
13 416
26 876
After tax
-21 054
52 931
73 584
60 124
Living cost
44 003
44 003
44 003
44 003
Free-cash
-65 057
8 928
29 581
16 121

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽17940
₽13613
₽17514
₽16925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
7 707
surtax
-
-
-
-
social contributions

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

-
-
-
30 232
total
-
-
-
37 939
Employee
46 257
-
70 304
-
surtax
-
-
-
-
social contributions
5 088
-
7 734
-
income
9 622
-
17 410
-
total
14 710
-
25 144
-
Employer
46 257
-
70 304
-
social contributions
10 986
-
16 696
-
total
10 986
-
16 696
-
Corporate
29 758
87 000
-
-
income
6 249
18 269
-
-
surtax
-
-
-
-
total
6 249
18 269
-
-
Dividends
23 509
68 731
-
-
withholding
6 583
19 244
-
-
total
6 583
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 528
37 513
41 840
37 939
After tax
48 472
49 487
45 160
49 061
Living cost
31 547
31 547
31 547
31 547
Free-cash
16 925
17 940
13 613
17 514

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽4727
₽1977
₽1910
₽2186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 367
other
-
-
-
2 697
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
863
pensions
-
-
-
24 108
total
-
-
-
36 514
Employee
62 992
-
66 297
-
pensions
7 125
-
7 499
-
surtax
-
-
-
-
social contributions
1 794
-
1 890
-
income
5 496
-
6 353
-
total
14 415
-
15 742
-
Employer
62 992
-
66 297
-
health
4 409
-
4 642
-
pensions
10 350
-
10 894
-
unemployment
2 552
-
2 685
-
social contributions
189
-
198
-
other
2 174
-
2 286
-
total
19 674
-
20 705
-
Corporate
4 334
87 000
-
-
income
1 214
24 359
-
-
surtax
-
-
-
-
total
1 214
24 359
-
-
Dividends
3 120
62 641
-
-
surtax
-
-
-
-
social contributions
536
10 774
-
-
withholding
399
8 018
-
-
total
935
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 238
43 151
36 447
36 514
After tax
50 762
43 849
50 553
50 486
Living cost
48 576
48 576
48 576
48 576
Free-cash
2 186
-4 727
1 977
1 910

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽48069
₽38964
₽36526
₽44689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
1 103
social contributions
-
-
-
19 139
total
-
-
-
20 242
Employee
32 334
-
75 323
-
income
-
-
1 231
-
social contributions
2 101
-
4 896
-
total
2 101
-
6 127
-
Employer
32 334
-
75 323
-
social contributions
5 012
-
11 677
-
total
5 012
-
11 677
-
Corporate
49 654
87 000
-
-
income
4 966
8 699
-
-
total
4 966
8 699
-
-
Dividends
44 688
78 301
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
12 079
8 699
17 804
20 242
After tax
74 921
78 301
69 196
66 758
Living cost
30 232
30 232
30 232
30 232
Free-cash
44 689
48 069
38 964
36 526

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽132026
-₽132026
₽6175
-₽132026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
labour market
-
-
-
6 890
municipal
-
-
-
15 629
national
-
-
-
9 021
pensions
-
-
-
871
total
-
-
-
32 411
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
170 612
170 612
170 612
32 411
After tax
-83 612
-83 612
-83 612
54 589
Living cost
48 414
48 414
48 414
48 414
Free-cash
-132 026
-132 026
-132 026
6 175

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽15023
₽21943
₽37737
₽3661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
257
income
-
-
-
20 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 193
Employee
34 717
-
72 784
-
pensions
3 909
-
7 768
-
income
4 763
-
12 670
-
health
3 975
-
8 333
-
total
12 647
-
28 771
-
Employer
34 717
-
72 784
-
pensions
5 645
-
11 218
-
accident
580
-
1 215
-
unemployment
851
-
1 783
-
total
7 076
-
14 216
-
Corporate
45 207
87 000
-
-
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.

40 687
78 300
-
-
total
40 687
78 300
-
-
Dividends
4 521
8 700
-
-
withholding
859
1 653
-
-
total
859
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
61 269
79 953
42 987
27 193
After tax
25 731
7 047
44 013
59 807
Living cost
22 070
22 070
22 070
22 070
Free-cash
3 661
-15 023
21 943
37 737

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽20269
₽12096
₽24686
₽16678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
87 000
health
-
-
-
920
municipal
-
-
-
15 494
national
-
-
-
7 287
total
-
-
-
23 701
Employee
52 914
-
73 191
-
municipal
8 667
-
11 959
-
unemployment
794
-
1 097
-
pensions
3 571
-
4 941
-
national
874
-
3 777
-
health
395
-
708
-
total
14 301
-
22 482
-
Employer
52 914
-
73 191
-
health
407
-
563
-
pensions
9 180
-
12 698
-
accident
53
-
73
-
unemployment
344
-
475
-
total
9 984
-
13 809
-
Corporate
24 102
87 000
-
-
income
4 821
17 401
-
-
total
4 821
17 401
-
-
Dividends

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

14 460
52 200
-
-
municipal
2 603
9 396
-
-
national
-
1 321
-
-
total
2 603
10 717
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 709
28 118
36 291
23 701
After tax
55 291
58 882
50 709
63 299
Living cost
38 613
38 613
38 613
38 613
Free-cash
16 678
20 269
12 096
24 686

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽40475
₽40196
₽40284
₽35002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 640
social contributions
-
-
-
13 572
health
-
-
-
2 218
total
-
-
-
23 430
Employee
77 337
77 337
78 982
-
social contributions
2 924
6 419
6 556
-
income
8 421
7 159
7 602
-
health
599
1 315
1 342
-
total
11 944
14 893
15 500
-
Employer
77 337
77 337
78 982
-
health
651
1 431
1 462
-
social contributions
2 924
6 419
6 556
-
total
3 575
7 850
8 018
-
Corporate
48 195
1 813
-
-
income
6 024
227
-
-
total
6 024
227
-
-
Dividends
42 172
1 586
-
-
withholding
7 169
269
-
-
total
7 169
269
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 712
23 239
23 518
23 430
After tax
58 288
63 761
63 482
63 570
Living cost
23 286
23 286
23 286
23 286
Free-cash
35 002
40 475
40 196
40 284

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽56078
₽37739
₽52857
₽50959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87 000
income
-
-
-
8 108
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
18 175
Employee

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

23 085
-
78 875
-
unemployment
115
-
395
-
pensions
3 462
-
11 831
-
income
1 578
-
6 237
-
health
1 962
-
6 705
-
total
7 117
-
25 168
-
Employer

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

23 085
-
78 875
-
health
992
-
3 392
-
pensions
1 269
-
4 338
-
unemployment
115
-
395
-
total
2 376
-
8 125
-
Corporate
61 538
87 000
-
-
income
5 539
7 829
-
-
total
5 539
7 829
-
-
Dividends
56 000
79 171
-
-
withholding
5 041
7 125
-
-
total
5 041
7 125
-
-
Income
87 000
87 000
87 000
87 000
Total tax
20 073
14 954
33 293
18 175
After tax
66 927
72 046
53 707
68 825
Living cost
15 968
15 968
15 968
15 968
Free-cash
50 959
56 078
37 739
52 857

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽30993
₽19091
₽18474
₽25717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 768
other
-
-
-
88
unemployment
-
-
-
609
pensions
-
-
-
24 621
total
-
-
-
40 869
Employee
37 188
-
65 971
-
other
36
-
67
-
unemployment
576
-
1 023
-
pensions
1 748
-
3 101
-
income
7 170
-
15 033
-
total
9 530
-
19 224
-
Employer
37 188
-
65 971
-
pensions
8 776
-
15 568
-
accident
737
-
1 305
-
unemployment
2 046
-
3 628
-
other
298
-
527
-
total
11 857
-
21 028
-
Corporate
37 955
87 000
-
-
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.

5 693
13 049
-
-
total
5 693
13 049
-
-
Dividends
32 262
73 951
-
-
withholding
6 546
15 301
-
-
total
6 546
15 301
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 626
28 350
40 252
40 869
After tax
53 374
58 650
46 748
46 131
Living cost
27 657
27 657
27 657
27 657
Free-cash
25 717
30 993
19 091
18 474

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽52329
₽53301
₽53440
₽52008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
29 136
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
31 601
Employee
2 983
-
85 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
29 061
-
health
149
-
357
-
total
1 024
-
30 132
-
Employer
2 983
-
85 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
83 346
87 000
-
-
income
18 336
19 140
-
-
total
18 336
19 140
-
-
Dividends
65 010
67 860
-
-
withholding
13 002
13 572
-
-
total
13 002
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 033
32 712
31 740
31 601
After tax
53 967
54 288
55 260
55 399
Living cost
1 959
1 959
1 959
1 959
Free-cash
52 008
52 329
53 301
53 440

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽45465
₽27124
₽26991
₽40515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
14 520
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
42 616
Employee

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

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

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

26 227
-
73 791
-
unemployment
197
-
553
-
pensions
3 672
-
10 331
-
income
3 615
-
14 591
-
health
1 351
-
3 800
-
total
8 835
-
29 275
-
Employer

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

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

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

26 227
-
73 791
-
health
1 351
-
3 800
-
pensions
3 147
-
8 855
-
unemployment
197
-
553
-
total
4 695
-
13 208
-
Corporate
56 078
87 000
-
-
income
8 412
13 050
-
-
total
8 412
13 050
-
-
Dividends
47 666
73 950
-
-
withholding
7 150
11 092
-
-
total
7 150
11 092
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 092
24 142
42 483
42 616
After tax
57 908
62 858
44 517
44 384
Living cost
17 393
17 393
17 393
17 393
Free-cash
40 515
45 465
27 124
26 991

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽22373
₽18046
₽21947
₽22010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
7 707
surtax
-
-
-
-
social contributions

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

-
-
-
30 232
total
-
-
-
37 939
Employee
39 035
-
70 304
-
surtax
-
-
-
-
social contributions
4 294
-
7 734
-
income
7 627
-
17 410
-
total
11 921
-
25 144
-
Employer
39 035
-
70 304
-
social contributions
9 270
-
16 696
-
total
9 270
-
16 696
-
Corporate
38 695
87 000
-
-
income
8 127
18 269
-
-
surtax
-
-
-
-
total
8 127
18 269
-
-
Dividends
30 568
68 731
-
-
withholding
8 558
19 244
-
-
total
8 558
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 876
37 513
41 840
37 939
After tax
49 124
49 487
45 160
49 061
Living cost
27 114
27 114
27 114
27 114
Free-cash
22 010
22 373
18 046
21 947

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽23304
₽11402
₽10785
₽15634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 768
other
-
-
-
88
unemployment
-
-
-
609
pensions
-
-
-
24 621
total
-
-
-
40 869
Employee
48 573
-
65 971
-
other
48
-
67
-
unemployment
752
-
1 023
-
pensions
2 283
-
3 101
-
income
10 145
-
15 033
-
total
13 228
-
19 224
-
Employer
48 573
-
65 971
-
pensions
11 463
-
15 568
-
accident
962
-
1 305
-
unemployment
2 672
-
3 628
-
other
389
-
527
-
total
15 486
-
21 028
-
Corporate
22 941
87 000
-
-
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.

3 441
13 049
-
-
total
3 441
13 049
-
-
Dividends
19 499
73 951
-
-
withholding
3 865
15 301
-
-
total
3 865
15 301
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 020
28 350
40 252
40 869
After tax
50 980
58 650
46 748
46 131
Living cost
35 346
35 346
35 346
35 346
Free-cash
15 634
23 304
11 402
10 785

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽57060
₽49669
₽47232
₽50923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 443
Employee
22 941
-
80 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
8 010
-
health
1 055
-
1 618
-
total
5 615
-
13 104
-
Employer
22 941
-
80 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
59 558
87 000
-
-
income
5 956
8 700
-
-
total
5 956
8 700
-
-
Dividends
53 602
78 300
-
-
withholding
2 680
3 915
-
-
total
2 680
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 752
12 615
20 006
22 443
After tax
68 248
74 385
66 994
64 557
Living cost
17 325
17 325
17 325
17 325
Free-cash
50 923
57 060
49 669
47 232

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽6094
₽24569
₽18795
₽19251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income

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

-
-
-
15 859
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.

-
-
-
872
health

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

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

-
-
-
6 871
trade
-
-
-
5 774
total
-
-
-
29 376
Employee

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

50 042
-
87 000
-
surtax

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

227
-
872
-
income

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

4 115
-
15 859
-
health

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

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

6 871
-
6 871
-
total
11 213
-
23 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 958
87 000
-
-
income
5 544
13 049
-
-
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.

305
718
-
-
chamber of commerce
206
281
-
-
trade
5 304
12 484
-
-
total
11 359
26 532
-
-
Dividends
25 598
60 469
-
-
surtax

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

330
811
-
-
withholding
6 018
14 734
-
-
total
6 348
15 545
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 920
42 077
23 602
29 376
After tax
58 080
44 923
63 398
57 624
Living cost
38 829
38 829
38 829
38 829
Free-cash
19 251
6 094
24 569
18 795

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽3608
₽4082
₽4082
₽5829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
18 176
social contributions
-
-
-
7 450
total
-
-
-
25 626
Employee
78 672
-
87 000
-
income
14 845
-
18 176
-
social contributions
6 536
-
7 450
-
total
21 381
-
25 626
-
Employer
78 672
-
87 000
-
total
-
-
-
-
Corporate
8 328
87 000
-
-
income
1 040
10 875
-
-
total
1 040
10 875
-
-
Dividends
7 288
76 125
-
-
withholding
1 458
15 225
-
-
total
1 458
15 225
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 879
26 100
25 626
25 626
After tax
63 121
60 900
61 374
61 374
Living cost
57 292
57 292
57 292
57 292
Free-cash
5 829
3 608
4 082
4 082

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽14727
₽27175
₽15785
₽20021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
82 374
-
income
5 006
-
14 064
-
social contributions
4 623
-
4 626
-
total
9 629
-
18 690
-
Employer
46 138
-
82 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
36 240
87 000
-
-
income
12 685
30 450
-
-
total
12 685
30 450
-
-
Dividends
23 555
56 550
-
-
social contributions
3 533
5 314
-
-
total
3 533
5 314
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 470
35 764
23 316
34 706
After tax
56 530
51 236
63 684
52 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
20 021
14 727
27 175
15 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽28051
₽17776
₽27538
₽22413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 169
pensions
-
-
-
6 160
total
-
-
-
22 329
Employee
50 971
-
76 824
-
pensions
3 890
-
6 992
-
income
9 282
-
13 727
-
health
665
-
1 196
-
total
13 837
-
21 915
-
Employer
50 971
-
76 824
-
health
969
-
1 460
-
pensions
5 150
-
8 716
-
total
6 119
-
10 176
-
Corporate
29 911
87 000
-
-
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.

5 682
16 530
-
-
total
5 682
16 530
-
-
Dividends
24 228
70 470
-
-
withholding
1 816
5 286
-
-
total
1 816
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 454
21 816
32 091
22 329
After tax
59 546
65 184
54 909
64 671
Living cost
37 133
37 133
37 133
37 133
Free-cash
22 413
28 051
17 776
27 538

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽17208
₽19758
₽35552
₽3327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
257
income
-
-
-
20 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 193
Employee
38 154
-
72 784
-
pensions
4 296
-
7 768
-
income
5 234
-
12 670
-
health
4 368
-
8 333
-
total
13 898
-
28 771
-
Employer
38 154
-
72 784
-
pensions
6 204
-
11 218
-
accident
637
-
1 215
-
unemployment
935
-
1 783
-
total
7 776
-
14 216
-
Corporate
41 071
87 000
-
-
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.

36 964
78 300
-
-
total
36 964
78 300
-
-
Dividends
4 107
8 700
-
-
withholding
780
1 653
-
-
total
780
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
59 418
79 953
42 987
27 193
After tax
27 582
7 047
44 013
59 807
Living cost
24 255
24 255
24 255
24 255
Free-cash
3 327
-17 208
19 758
35 552

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽60361
₽38310
₽36506
₽55469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 000
income
-
-
-
12 980
unemployment
-
-
-
1 044
work injury
-
-
-
435
health insurance
-
-
-
6 438
pensions
-
-
-
16 008
total
-
-
-
36 905
Employee

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

21 742
-
87 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
12 980
-
total
8 153
-
35 101
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 258
87 000
-
-
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
65 258
87 000
-
-
withholding
9 789
13 050
-
-
total
9 789
13 050
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 942
13 050
35 101
36 905
After tax
69 058
73 950
51 899
50 095
Living cost
13 589
13 589
13 589
13 589
Free-cash
55 469
60 361
38 310
36 506

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽5759
₽849
₽4829
₽1183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 376
regional
-
-
-
1 612
municipal
-
-
-
582
national
-
-
-
17 534
total
-
-
-
42 104
Employee
84 751
-
87 000
-
municipal
506
-
519
-
national
14 322
-
14 889
-
regional
1 280
-
1 339
-
social contributions
28 577
-
29 337
-
total
44 685
-
46 084
-
Employer
84 751
-
87 000
-
total
-
-
-
-
Corporate
2 249
87 000
-
-
municipal
109
4 193
-
-
nationa
540
20 880
-
-
total
649
25 073
-
-
Dividends
1 600
61 927
-
-
withholding
416
16 101
-
-
total
416
16 101
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 750
41 174
46 084
42 104
After tax
41 250
45 826
40 916
44 896
Living cost
40 067
40 067
40 067
40 067
Free-cash
1 183
5 759
849
4 829

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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