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
₽34315
₽15606
₽27480
₽25976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 406
income

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

-
-
-
16 943
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.

-
-
-
932
trade
-
-
-
6 835
total
-
-
-
31 116
Employee

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

35 867
-
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.

55
-
932
-
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.

1 002
-
16 943
-
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.

6 406
-
6 406
-
total
7 463
-
24 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 133
87 000
-
-
chamber of commerce
215
267
-
-
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.

422
717
-
-
trade
8 054
13 703
-
-
income
7 670
13 049
-
-
total
16 361
27 736
-
-
Dividends
34 772
59 264
-
-
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.

459
795
-
-
withholding
8 337
14 459
-
-
total
8 796
15 254
-
-
Income
87 000
87 000
87 000
87 000
Total tax
32 620
42 990
24 281
31 116
After tax
54 380
44 010
62 719
55 884
Living cost
28 404
28 404
28 404
28 404
Free-cash
25 976
15 606
34 315
27 480

Estimated living cost  is ₽28404 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4288
₽5050
₽3606
₽3745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 440
national
-
-
-
13 846
municipal
-
-
-
8 935
total
-
-
-
34 156
Employee
76 327
-
75 211
-
municipal
9 428
-
9 272
-
national
14 609
-
14 368
-
pensions
3 053
-
3 008
-
total
27 090
-
26 648
-
Employer
76 327
-
75 211
-
pensions
6 106
-
6 017
-
social contributions
821
-
809
-
total
6 927
-
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
34 017
32 712
33 474
34 156
After tax
52 983
54 288
53 526
52 844
Living cost
49 238
49 238
49 238
49 238
Free-cash
3 745
5 050
4 288
3 606

Estimated living cost  is ₽49238 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29604
₽50091
₽27012
₽42399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
27 971
income
-
-
-
12 508
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
40 479
Employee
27 401
-
70 110
-
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.

3 015
-
7 713
-
income
4 878
-
13 284
-
total
7 893
-
20 997
-
Employer
27 401
-
70 110
-
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.

6 600
-
16 890
-
total
6 600
-
16 890
-
Corporate
52 998
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%.

10 599
17 400
-
-
total
10 599
17 400
-
-
Dividends

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

42 399
69 600
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
25 092
17 400
37 887
40 479
After tax
61 908
69 600
49 113
46 521
Living cost
19 509
19 509
19 509
19 509
Free-cash
42 399
50 091
29 604
27 012

Estimated living cost  is ₽19509 per week

₽12446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6120
-₽857
₽10136
-₽6120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 850
income
-
-
-
15 743
pensions
-
-
-
10 987
total
-
-
-
37 580
Employee
80 080
80 080
80 080
-
income

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

13 108
13 108
13 108
-
pensions
14 414
10 987
14 414
-
health
12 291
10 455
12 291
-
total
39 813
34 550
39 813
-
Employer
80 080
80 080
80 080
-
unemployment
2 883
2 883
2 883
-
health
5 566
5 566
5 566
-
pensions
5 574
5 574
5 574
-
total
14 023
14 023
14 023
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
53 836
48 573
53 836
37 580
After tax
33 164
38 427
33 164
49 420
Living cost
39 284
39 284
39 284
39 284
Free-cash
-6 120
-857
-6 120
10 136

Estimated living cost  is ₽39284 per week

₽27839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7833
₽8875
₽5219
₽8007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 837
health
-
-
-
5 282
accident
-
-
-
169
pensions
-
-
-
9 151
national
-
-
-
-
unemployment
-
-
-
85
municipal
-
-
-
18 630
total
-
-
-
43 154
Employee
55 039
-
66 200
-
municipal
16 413
-
19 741
-
national
-
-
-
-
total
16 413
-
19 741
-
Employer
55 039
-
66 200
-
other
6 396
-
7 692
-
unemployment
1 453
-
1 748
-
health
3 385
-
4 071
-
accident
110
-
132
-
pensions
5 950
-
7 156
-
total
17 294
-
20 799
-
Corporate
14 667
87 000
-
-
income
3 227
19 140
-
-
total
3 227
19 140
-
-
Dividends
11 440
67 860
-
-
withholding
3 432
20 358
-
-
total
3 432
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 366
39 498
40 540
43 154
After tax
46 634
47 502
46 460
43 846
Living cost
38 627
38 627
38 627
38 627
Free-cash
8 007
8 875
7 833
5 219

Estimated living cost  is ₽38627 per week

₽25600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25880
₽6722
₽18740
₽19897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 406
income

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

-
-
-
16 943
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.

-
-
-
932
trade
-
-
-
7 140
total
-
-
-
31 421
Employee

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

47 555
-
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.

224
-
932
-
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.

4 086
-
16 943
-
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.

6 406
-
6 406
-
total
10 716
-
24 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 445
87 000
-
-
chamber of commerce
199
267
-
-
surtax

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

326
717
-
-
trade
6 488
14 311
-
-
income
5 917
13 049
-
-
total
12 930
28 344
-
-
Dividends
26 515
58 655
-
-
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.

345
787
-
-
withholding
6 273
14 308
-
-
total
6 618
15 095
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 264
43 439
24 281
31 421
After tax
56 736
43 561
62 719
55 579
Living cost
36 839
36 839
36 839
36 839
Free-cash
19 897
6 722
25 880
18 740

Estimated living cost  is ₽36839 per week

₽24638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32138
₽33305
₽32225
₽29417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 573
health
-
-
-
2 219
income
-
-
-
8 567
total
-
-
-
24 359
Employee
72 108
72 108
78 983
-
social contributions
3 504
5 985
6 556
-
income
7 572
6 675
8 529
-
health
717
1 226
1 344
-
total
11 793
13 886
16 429
-
Employer
72 108
72 108
78 983
-
health
781
1 335
1 461
-
social contributions
3 504
5 985
6 556
-
total
4 285
7 320
8 017
-
Corporate
40 506
7 572
-
-
income
5 063
947
-
-
total
5 063
947
-
-
Dividends
35 443
6 626
-
-
withholding
6 026
1 126
-
-
total
6 026
1 126
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 167
23 279
24 446
24 359
After tax
59 833
63 721
62 554
62 641
Living cost
30 416
30 416
30 416
30 416
Free-cash
29 417
33 305
32 138
32 225

Estimated living cost  is ₽30416 per week

₽20792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32994
₽31604
₽42828
₽31966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 090
income
-
-
-
10 636
pensions
-
-
-
8 700
unemployment
-
-
-
1 305
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.

25 176
10 020
72 803
-
income
3 078
1 225
8 900
-
pensions
2 518
1 002
7 280
-
health
1 762
701
5 096
-
unemployment
378
150
1 092
-
total
7 736
3 078
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.

25 176
10 020
72 803
-
pensions
4 909
1 954
14 197
-
total
4 909
1 954
14 197
-
Corporate
56 915
75 026
-
-
income
5 122
6 752
-
-
total
5 122
6 752
-
-
Dividends
51 792
68 274
-
-
social contributions
9 985
13 199
-
-
withholding
9 841
12 972
-
-
total
19 826
26 171
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 593
37 955
36 565
26 731
After tax
49 407
49 045
50 435
60 269
Living cost
17 441
17 441
17 441
17 441
Free-cash
31 966
31 604
32 994
42 828

Estimated living cost  is ₽17441 per week

₽11902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27493
₽46950
₽23981
₽41125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 311
income
-
-
-
11 658
pensions
-
-
-
17 400
total
-
-
-
40 369
Employee
26 602
-
65 022
-
income
2 995
-
12 537
-
pensions
532
-
1 301
-
unemployment
425
-
1 041
-
total
3 952
-
14 879
-
Employer
26 602
-
65 022
-
unemployment
214
-
520
-
health
3 458
-
8 453
-
pensions
5 321
-
13 005
-
total
8 993
-
21 978
-
Corporate
51 405
87 000
-
-
income
10 280
17 400
-
-
total
10 280
17 400
-
-
Dividends
41 125
69 600
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 225
17 400
36 857
40 369
After tax
63 775
69 600
50 143
46 631
Living cost
22 650
22 650
22 650
22 650
Free-cash
41 125
46 950
27 493
23 981

Estimated living cost  is ₽22650 per week

₽15536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23706
-₽13719
₽38993
₽3862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
20 667
pensions
-
-
-
3 927
total
-
-
-
27 241
Employee
32 666
-
73 570
-
income
4 481
-
13 473
-
pensions
3 678
-
7 201
-
health
3 740
-
8 424
-
total
11 899
-
29 098
-
Employer
32 666
-
73 570
-
unemployment
800
-
1 802
-
accident
545
-
1 229
-
pensions
5 312
-
10 399
-
total
6 657
-
13 430
-
Corporate
47 677
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.

42 910
78 300
-
-
total
42 910
78 300
-
-
Dividends
4 768
8 700
-
-
withholding
906
1 653
-
-
total
906
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 372
79 953
42 528
27 241
After tax
24 628
7 047
44 472
59 759
Living cost
20 766
20 766
20 766
20 766
Free-cash
3 862
-13 719
23 706
38 993

Estimated living cost  is ₽20766 per week

₽15220
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.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61772
₽74822
₽78302
₽73354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 784
-
87 000
-
income
1 957
-
17 400
-
total
1 957
-
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%.

77 216
87 000
-
-
total
-
-
-
-
Dividends
77 216
87 000
-
-
withholding
3 861
4 350
-
-
total
3 861
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
5 818
4 350
17 400
870
After tax
81 182
82 650
69 600
86 130
Living cost
7 828
7 828
7 828
7 828
Free-cash
73 354
74 822
61 772
78 302

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26010
₽38930
₽22122
₽32598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 132
health
-
-
-
3 828
income
-
-
-
11 051
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
-
-
-
39 891
Employee
34 049
-
69 489
-
income
5 862
-
11 962
-
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.

2 383
-
4 864
-
health
477
-
973
-
unemployment
340
-
694
-
total
9 062
-
18 493
-
Employer
34 049
-
69 489
-
other
1 703
-
3 475
-
unemployment
340
-
694
-
health
477
-
973
-
accident
272
-
555
-
pensions

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

5 789
-
11 813
-
total
8 581
-
17 510
-
Corporate
44 370
87 000
-
-
income
9 318
18 271
-
-
total
9 318
18 271
-
-
Dividends
35 053
68 729
-
-
withholding
2 454
4 812
-
-
total
2 454
4 812
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 415
23 083
36 003
39 891
After tax
57 585
63 917
50 997
47 109
Living cost
24 987
24 987
24 987
24 987
Free-cash
32 598
38 930
26 010
22 122

Estimated living cost  is ₽24987 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7339
₽3165
₽1730
-₽12771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 971
pensions
-
-
-
6 282
total
-
-
-
23 253
Employee
87 744
-
76 705
-
income
15 817
-
13 668
-
health
1 446
-
1 219
-
pensions
8 465
-
7 140
-
total
25 728
-
22 027
-
Employer
87 744
-
76 705
-
health
1 666
-
1 458
-
pensions
10 360
-
8 837
-
total
12 026
-
10 295
-
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
-
5 288
-
-
total
-
5 288
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 754
21 818
32 322
23 253
After tax
49 246
65 182
54 678
63 747
Living cost
62 017
62 017
62 017
62 017
Free-cash
-12 771
3 165
-7 339
1 730

Estimated living cost  is ₽62017 per week

₽46470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55631
₽62173
₽53052
₽57845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 741
income
-
-
-
13 050
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
21 736
Employee
16 170
-
80 617
-
income
1 617
-
8 062
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 420
-
2 857
-
health
744
-
1 497
-
total
3 959
-
12 774
-
Employer
16 170
-
80 617
-
unemployment
97
-
195
-
health
1 116
-
2 245
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 585
-
total
3 173
-
6 383
-
Corporate
67 657
87 000
-
-
income
6 766
8 700
-
-
total
6 766
8 700
-
-
Dividends
60 891
78 300
-
-
withholding
3 045
3 915
-
-
total
3 045
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
16 943
12 615
19 157
21 736
After tax
70 057
74 385
67 843
65 264
Living cost
12 212
12 212
12 212
12 212
Free-cash
57 845
62 173
55 631
53 052

Estimated living cost  is ₽12212 per week

₽7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18836
-₽13573
-₽2580
-₽15163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 850
income
-
-
-
15 743
pensions
-
-
-
10 987
total
-
-
-
37 580
Employee
86 941
80 080
80 080
-
income

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

13 108
13 108
13 108
-
pensions
10 987
10 987
14 414
-
health
10 846
10 455
12 291
-
total
34 941
34 550
39 813
-
Employer
86 941
80 080
80 080
-
unemployment
3 130
2 883
2 883
-
health
6 042
5 566
5 566
-
pensions
6 050
5 574
5 574
-
total
15 222
14 023
14 023
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
50 163
48 573
53 836
37 580
After tax
36 837
38 427
33 164
49 420
Living cost
52 000
52 000
52 000
52 000
Free-cash
-15 163
-13 573
-18 836
-2 580

Estimated living cost  is ₽52000 per week

₽38358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21039
₽36789
₽19262
₽28544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 404
health
-
-
-
11 745
income
-
-
-
7 478
solidarity contribution
-
-
-
-
total
-
-
-
44 627
Employee
33 987
-
64 925
-
social contributions
2 209
-
4 220
-
solidarity contribution
-
-
-
-
income
4 078
-
7 791
-
health
4 588
-
8 765
-
total
10 875
-
20 776
-
Employer
33 987
-
64 925
-
health
3 059
-
5 843
-
social contributions
8 497
-
16 231
-
total
11 556
-
22 074
-
Corporate
41 458
87 000
-
-
income
7 877
16 530
-
-
total
7 877
16 530
-
-
Dividends
33 581
70 470
-
-
withholding
5 037
10 570
-
-
total
5 037
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 345
27 100
42 850
44 627
After tax
51 655
59 900
44 150
42 373
Living cost
23 111
23 111
23 111
23 111
Free-cash
28 544
36 789
21 039
19 262

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1441
₽6846
₽5579
₽1953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
18 009
regional
-
-
-
948
municipal
-
-
-
518
total
-
-
-
41 851
Employee
83 341
-
87 000
-
social contributions
28 103
-
29 336
-
municipal
441
-
461
-
national
14 441
-
15 363
-
regional
786
-
829
-
total
43 771
-
45 989
-
Employer
83 341
-
87 000
-
total
-
-
-
-
Corporate
3 659
87 000
-
-
nationa
877
20 880
-
-
municipal
142
3 394
-
-
total
1 019
24 274
-
-
Dividends
2 639
62 727
-
-
withholding
687
16 310
-
-
total
687
16 310
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 477
40 584
45 989
41 851
After tax
41 523
46 416
41 011
45 149
Living cost
39 570
39 570
39 570
39 570
Free-cash
1 953
6 846
1 441
5 579

Estimated living cost  is ₽39570 per week

₽27583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23085
₽34029
₽24761
₽31111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
6 177
income
-
-
-
15 913
pensions
-
-
-
17 400
surtax
-
-
-
1 842
unemployment
-
-
-
214
total
-
-
-
41 546
Employee
31 011
-
71 870
-
surtax
101
-
1 648
-
income
5 198
-
14 815
-
other
-
-
-
-
pensions
2 068
-
4 794
-
health
792
-
1 833
-
unemployment
2 159
-
5 002
-
total
10 318
-
28 092
-
Employer
31 011
-
71 870
-
other
-
-
-
-
unemployment
982
-
2 278
-
health
1 411
-
3 271
-
pensions
4 134
-
9 581
-
total
6 527
-
15 130
-
Corporate
49 462
87 000
-
-
income
12 861
22 620
-
-
total
12 861
22 620
-
-
Dividends
36 601
64 380
-
-
withholding
5 490
9 658
-
-
total
5 490
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 196
32 278
43 222
41 546
After tax
51 804
54 722
43 778
45 454
Living cost
20 693
20 693
20 693
20 693
Free-cash
31 111
34 029
23 085
24 761

Estimated living cost  is ₽20693 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12310
₽22814
₽21379
₽15520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 971
pensions
-
-
-
6 282
total
-
-
-
23 253
Employee
58 804
-
76 705
-
income
10 591
-
13 668
-
health
854
-
1 219
-
pensions
4 991
-
7 140
-
total
16 436
-
22 027
-
Employer
58 804
-
76 705
-
health
1 117
-
1 458
-
pensions
6 366
-
8 837
-
total
7 483
-
10 295
-
Corporate
20 713
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.

3 935
16 530
-
-
total
3 935
16 530
-
-
Dividends
16 778
70 470
-
-
withholding
1 258
5 288
-
-
total
1 258
5 288
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 112
21 818
32 322
23 253
After tax
57 888
65 182
54 678
63 747
Living cost
42 368
42 368
42 368
42 368
Free-cash
15 520
22 814
12 310
21 379

Estimated living cost  is ₽42368 per week

₽31742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6789
-₽35515
-₽2332
-₽9511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
246
pensions
-
-
-
8 004
city
-
-
-
917
national
-
-
-
394
regional
-
-
-
2 733
total
-
-
-
14 035
Employee
88 117
-
77 870
-
national
417
-
336
-
city
946
-
837
-
pensions
7 403
-
6 540
-
health
199
-
176
-
regional
2 885
-
2 330
-
unemployment
-
-
-
-
total
11 850
-
10 219
-
Employer
88 117
-
77 870
-
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.

1 762
-
1 557
-
unemployment
-
-
-
-
health
199
-
176
-
pensions
7 403
-
6 540
-
total
9 364
-
8 273
-
Corporate
-
87 000
-
-
regional
-
18 401
-
-
national
-
7 395
-
-
total
-
25 796
-
-
Dividends
-
61 204
-
-
withholding
-
21 422
-
-
total
-
21 422
-
-
Income
87 000
87 000
87 000
87 000
Total tax
21 214
47 218
18 492
14 035
After tax
65 786
39 782
68 508
72 965
Living cost
75 297
75 297
75 297
75 297
Free-cash
-9 511
-35 515
-6 789
-2 332

Estimated living cost  is ₽75297 per week

₽48965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19760
₽155
₽12316
₽15361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 406
income

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

-
-
-
16 943
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.

-
-
-
932
trade
-
-
-
7 444
total
-
-
-
31 725
Employee

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

56 357
-
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.

365
-
932
-
income

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

6 627
-
16 943
-
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.

6 406
-
6 406
-
total
13 398
-
24 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 643
87 000
-
-
chamber of commerce
185
265
-
-
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.

253
717
-
-
trade
5 255
14 920
-
-
income
4 597
13 049
-
-
total
10 290
28 951
-
-
Dividends
20 354
58 048
-
-
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.

260
779
-
-
withholding
4 732
14 156
-
-
total
4 992
14 935
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 680
43 886
24 281
31 725
After tax
58 320
43 114
62 719
55 275
Living cost
42 959
42 959
42 959
42 959
Free-cash
15 361
155
19 760
12 316

Estimated living cost  is ₽42959 per week

₽31375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17742
₽11764
₽18206
₽17304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
other
-
-
-
2 700
social contributions
-
-
-
2 479
health
-
-
-
1 239
income
-
-
-
7 326
pensions
-
-
-
22 966
surtax
-
-
-
-
total
-
-
-
36 710
Employee
40 134
-
66 297
-
surtax
-
-
-
-
social contributions
1 144
-
1 888
-
income
2 369
-
7 084
-
pensions
4 538
-
7 499
-
total
8 051
-
16 471
-
Employer
40 134
-
66 297
-
other
1 384
-
2 287
-
unemployment
1 625
-
2 685
-
health
2 810
-
4 641
-
pensions
6 593
-
10 891
-
social contributions
121
-
199
-
total
12 533
-
20 703
-
Corporate
34 332
87 000
-
-
surtax
-
-
-
-
income
9 613
24 360
-
-
total
9 613
24 360
-
-
Dividends
24 719
62 640
-
-
social contributions
4 251
10 773
-
-
surtax
-
-
-
-
withholding
3 164
8 019
-
-
total
7 415
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 612
43 152
37 174
36 710
After tax
49 388
43 848
49 826
50 290
Living cost
32 084
32 084
32 084
32 084
Free-cash
17 304
11 764
17 742
18 206

Estimated living cost  is ₽32084 per week

₽20230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20921
₽14943
₽21385
₽20154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 700
social contributions
-
-
-
2 479
health
-
-
-
1 239
income
-
-
-
7 326
pensions
-
-
-
22 966
surtax
-
-
-
-
total
-
-
-
36 710
Employee
35 825
-
66 297
-
surtax
-
-
-
-
social contributions
1 021
-
1 888
-
income
1 847
-
7 084
-
pensions
4 052
-
7 499
-
total
6 920
-
16 471
-
Employer
35 825
-
66 297
-
other
1 237
-
2 287
-
unemployment
1 450
-
2 685
-
health
2 507
-
4 641
-
pensions
5 887
-
10 891
-
social contributions
107
-
199
-
total
11 188
-
20 703
-
Corporate
39 986
87 000
-
-
surtax
-
-
-
-
income
11 197
24 360
-
-
total
11 197
24 360
-
-
Dividends
28 790
62 640
-
-
social contributions
4 951
10 773
-
-
surtax
-
-
-
-
withholding
3 685
8 019
-
-
total
8 636
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 941
43 152
37 174
36 710
After tax
49 059
43 848
49 826
50 290
Living cost
28 905
28 905
28 905
28 905
Free-cash
20 154
14 943
20 921
21 385

Estimated living cost  is ₽28905 per week

₽16763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
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.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36488
₽33194
₽35987
₽33680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 007
health
-
-
-
6 072
income
-
-
-
13 049
total
-
-
-
31 128
Employee
31 795
-
87 000
-
social contributions
4 388
-
12 007
-
income
5 303
-
12 548
-
health
2 219
-
6 072
-
total
11 910
-
30 627
-
Employer
31 795
-
87 000
-
total
-
-
-
-
Corporate
55 205
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%.

2 760
4 349
-
-
total
2 760
4 349
-
-
Dividends
52 445
82 651
-
-
social contributions
7 237
11 405
-
-
withholding
7 867
12 398
-
-
health
3 661
5 769
-
-
total
18 765
29 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 435
33 921
30 627
31 128
After tax
53 565
53 079
56 373
55 872
Living cost
19 885
19 885
19 885
19 885
Free-cash
33 680
33 194
36 488
35 987

Estimated living cost  is ₽19885 per week

₽13308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5774
₽15840
₽11564
₽14391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 656
income
-
-
-
13 357
chamber of commerce
-
-
-
349
pensions
-
-
-
16 094
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
42 393
Employee
46 864
37 371
67 412
-
income
5 335
2 757
11 975
-
other
468
374
674
-
pensions
4 799
3 826
6 903
-
health
1 813
1 447
2 609
-
unemployment
1 406
1 121
2 022
-
total
13 821
9 525
24 183
-
Employer
46 864
37 371
67 412
-
other
2 226
1 774
3 201
-
unemployment
1 406
1 121
2 022
-
health
1 771
1 413
2 548
-
surtax
185
185
185
-
accident
609
486
876
-
pensions
5 881
4 691
8 460
-
payroll
1 406
1 121
2 022
-
chamber of commerce
187
149
270
-
total
13 671
10 940
19 584
-
Corporate
26 465
38 689
63 857
-
income

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

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

6 616
9 672
15 964
-
total
6 616
9 672
15 964
-
Dividends
19 849
29 017
-
-
withholding
5 458
7 980
-
-
total
5 458
7 980
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 566
38 117
59 731
42 393
After tax
47 434
48 883
27 269
44 607
Living cost
33 043
33 043
33 043
33 043
Free-cash
14 391
15 840
-5 774
11 564

Estimated living cost  is ₽33043 per week

₽22038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129
₽14626
₽7497
₽312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 206
communal

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

-
-
-
4 428
national
-
-
-
27 677
total
-
-
-
45 311
Employee

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

67 078
-
67 382
-
national
20 622
-
20 742
-
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.

5 031
-
5 054
-
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.

3 152
-
3 166
-
communal

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

3 499
-
3 515
-
unemployment

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

584
-
585
-
total
32 888
-
33 062
-
Employer

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

67 078
-
67 382
-
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.

979
-
984
-
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.

4 125
-
4 145
-
surtax
7 606
-
7 641
-
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.

872
-
877
-
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.

5 944
-
5 970
-
total
19 526
-
19 617
-
Corporate
397
87 000
-
-
surtax
2
349
-
-
income
80
17 400
-
-
total
82
17 749
-
-
Dividends
315
69 251
-
-
withholding

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

-
20 433
-
-
total
-
20 433
-
-
Income
87 000
87 000
87 000
87 000
Total tax
52 496
38 182
52 679
45 311
After tax
34 504
48 818
34 321
41 689
Living cost
34 192
34 192
34 192
34 192
Free-cash
312
14 626
129
7 497

Estimated living cost  is ₽34192 per week

₽22024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12645
₽24768
₽12045
₽17297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
15 013
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
41 089
Employee
46 679
-
65 969
-
income
9 849
-
15 269
-
other
46
-
66
-
pensions
2 194
-
3 100
-
unemployment
724
-
1 023
-
total
12 813
-
19 458
-
Employer
46 679
-
65 969
-
other
372
-
527
-
unemployment
2 568
-
3 629
-
accident
924
-
1 306
-
pensions
11 015
-
15 569
-
total
14 879
-
21 031
-
Corporate
25 442
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.

3 817
13 049
-
-
total
3 817
13 049
-
-
Dividends
21 625
73 951
-
-
withholding
4 328
15 317
-
-
total
4 328
15 317
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 837
28 366
40 489
41 089
After tax
51 163
58 634
46 511
45 911
Living cost
33 866
33 866
33 866
33 866
Free-cash
17 297
24 768
12 645
12 045

Estimated living cost  is ₽33866 per week

₽24939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3735
₽2489
-₽364
-₽3575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 113
accident
-
-
-
733
income
-
-
-
6 703
pensions
-
-
-
13 041
communal
-
-
-
5 499
surtax
-
-
-
4 314
total
-
-
-
36 403
Employee
71 015
-
77 712
-
surtax
4 353
-
4 762
-
income
6 859
-
8 579
-
pensions
5 680
-
6 218
-
health
3 160
-
3 458
-
total
20 052
-
23 017
-
Employer
71 015
-
77 712
-
health
2 166
-
2 370
-
accident
639
-
699
-
pensions
5 680
-
6 218
-
total
8 485
-
9 287
-
Corporate
7 500
87 000
-
-
surtax
78
913
-
-
income
1 125
13 049
-
-
communal
-
5 873
-
-
total
1 203
19 835
-
-
Dividends
6 297
67 165
-
-
income
8 929
3 641
-
-
withholding
945
10 074
-
-
total
9 874
13 715
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 614
33 550
32 304
36 403
After tax
47 386
53 450
54 696
50 597
Living cost
50 961
50 961
50 961
50 961
Free-cash
-3 575
2 489
3 735
-364

Estimated living cost  is ₽50961 per week

₽38228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22715
₽33659
₽24391
₽30678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
6 177
income
-
-
-
15 913
pensions
-
-
-
17 400
surtax
-
-
-
1 842
unemployment
-
-
-
214
total
-
-
-
41 546
Employee
31 580
-
71 870
-
surtax
112
-
1 648
-
income
5 294
-
14 815
-
other
-
-
-
-
pensions
2 107
-
4 794
-
health
806
-
1 833
-
unemployment
2 198
-
5 002
-
total
10 517
-
28 092
-
Employer
31 580
-
71 870
-
other
-
-
-
-
unemployment
1 002
-
2 278
-
health
1 436
-
3 271
-
pensions
4 210
-
9 581
-
total
6 648
-
15 130
-
Corporate
48 772
87 000
-
-
income
12 681
22 620
-
-
total
12 681
22 620
-
-
Dividends
36 090
64 380
-
-
withholding
5 413
9 658
-
-
total
5 413
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 259
32 278
43 222
41 546
After tax
51 741
54 722
43 778
45 454
Living cost
21 063
21 063
21 063
21 063
Free-cash
30 678
33 659
22 715
24 391

Estimated living cost  is ₽21063 per week

₽12717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15409
₽20467
₽19524
₽18386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
18 009
regional
-
-
-
1 312
municipal
-
-
-
518
total
-
-
-
42 215
Employee
52 018
-
87 000
-
social contributions
17 541
-
29 336
-
municipal
276
-
461
-
national
8 241
-
15 363
-
regional
700
-
1 170
-
total
26 758
-
46 330
-
Employer
52 018
-
87 000
-
total
-
-
-
-
Corporate
34 982
87 000
-
-
nationa
8 396
20 880
-
-
municipal
1 739
4 324
-
-
total
10 135
25 204
-
-
Dividends
24 847
61 796
-
-
withholding
6 460
16 068
-
-
total
6 460
16 068
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 353
41 272
46 330
42 215
After tax
43 647
45 728
40 670
44 785
Living cost
25 261
25 261
25 261
25 261
Free-cash
18 386
20 467
15 409
19 524

Estimated living cost  is ₽25261 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15671
₽31421
₽13894
₽21261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 404
health
-
-
-
11 745
income
-
-
-
7 478
solidarity contribution
-
-
-
-
total
-
-
-
44 627
Employee
41 881
-
64 925
-
social contributions
2 722
-
4 220
-
solidarity contribution
-
-
-
-
income
5 026
-
7 791
-
health
5 654
-
8 765
-
total
13 402
-
20 776
-
Employer
41 881
-
64 925
-
health
3 769
-
5 843
-
social contributions
10 470
-
16 231
-
total
14 239
-
22 074
-
Corporate
30 880
87 000
-
-
income
5 867
16 530
-
-
total
5 867
16 530
-
-
Dividends
25 013
70 470
-
-
withholding
3 752
10 570
-
-
total
3 752
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 260
27 100
42 850
44 627
After tax
49 740
59 900
44 150
42 373
Living cost
28 479
28 479
28 479
28 479
Free-cash
21 261
31 421
15 671
13 894

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2618
₽19067
₽14874
₽18600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 656
income
-
-
-
13 357
chamber of commerce
-
-
-
349
pensions
-
-
-
16 094
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
42 208
Employee
40 992
37 371
67 555
-
income
3 652
2 757
12 023
-
other
409
374
676
-
pensions
4 198
3 826
6 917
-
health
1 586
1 447
2 614
-
unemployment
1 230
1 121
2 027
-
total
11 075
9 525
24 257
-
Employer
40 992
37 371
67 555
-
other
1 947
1 774
3 210
-
unemployment
1 230
1 121
2 027
-
health
1 550
1 413
2 554
-
surtax
-
-
-
-
accident
532
486
879
-
pensions
5 145
4 691
8 478
-
payroll
1 230
1 121
2 027
-
chamber of commerce
164
149
270
-
total
11 798
10 755
19 445
-
Corporate
34 212
38 874
63 996
-
income

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

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

8 553
9 718
15 998
-
total
8 553
9 718
15 998
-
Dividends
25 659
29 156
-
-
withholding
7 056
8 017
-
-
total
7 056
8 017
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 482
38 015
59 700
42 208
After tax
48 518
48 985
27 300
44 792
Living cost
29 918
29 918
29 918
29 918
Free-cash
18 600
19 067
-2 618
14 874

Estimated living cost  is ₽29918 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57402
₽70452
₽73932
₽68164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 248
-
87 000
-
income
3 050
-
17 400
-
total
3 050
-
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%.

71 752
87 000
-
-
total
-
-
-
-
Dividends
71 752
87 000
-
-
withholding
3 588
4 350
-
-
total
3 588
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 638
4 350
17 400
870
After tax
80 362
82 650
69 600
86 130
Living cost
12 198
12 198
12 198
12 198
Free-cash
68 164
70 452
57 402
73 932

Estimated living cost  is ₽12198 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17662
₽34746
₽20157
₽26903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 560
income
-
-
-
17 112
pensions
-
-
-
15 888
unemployment
-
-
-
130
total
-
-
-
41 690
Employee

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

41 468
-
75 280
-
income
7 151
-
15 829
-
pensions
6 428
-
11 669
-
health
2 678
-
4 862
-
unemployment
59
-
105
-
total
16 316
-
32 465
-
Employer

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

41 468
-
75 280
-
unemployment
25
-
44
-
health
2 762
-
5 013
-
pensions
3 669
-
6 663
-
total
6 456
-
11 720
-
Corporate
39 076
87 000
-
-
income
7 424
16 530
-
-
total
7 424
16 530
-
-
Dividends
31 652
70 470
-
-
withholding
4 748
10 571
-
-
total
4 748
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
34 944
27 101
44 185
41 690
After tax
52 056
59 899
42 815
45 310
Living cost
25 153
25 153
25 153
25 153
Free-cash
26 903
34 746
17 662
20 157

Estimated living cost  is ₽25153 per week

₽17262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31840
₽10659
₽17852
-₽59075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 918
income
-
-
-
16 958
total
-
-
-
26 876
Employee
60 612
-
-
-
social contributions
4 970
-
708
-
income
13 370
-
-
-
total
18 340
-
708
-
Employer
60 612
-
-
-
social contributions
85 463
-
12 180
-
total
85 463
-
12 180
-
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
103 803
34 069
12 888
26 876
After tax
-16 803
52 931
74 112
60 124
Living cost
42 272
42 272
42 272
42 272
Free-cash
-59 075
10 659
31 840
17 852

Estimated living cost  is ₽42272 per week

₽27428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15357
₽20071
₽19492
₽19128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
30 233
income
-
-
-
7 861
surtax
-
-
-
-
total
-
-
-
38 094
Employee
43 129
-
70 302
-
surtax
-
-
-
-
social contributions
4 744
-
7 734
-
income
8 971
-
17 797
-
total
13 715
-
25 531
-
Employer
43 129
-
70 302
-
social contributions
10 243
-
16 698
-
total
10 243
-
16 698
-
Corporate
33 628
87 000
-
-
surtax
-
-
-
-
income
7 061
18 271
-
-
total
7 061
18 271
-
-
Dividends
26 566
68 729
-
-
withholding
7 439
19 244
-
-
total
7 439
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 458
37 515
42 229
38 094
After tax
48 542
49 485
44 771
48 906
Living cost
29 414
29 414
29 414
29 414
Free-cash
19 128
20 071
15 357
19 492

Estimated living cost  is ₽29414 per week

₽22008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4534
-₽1444
₽4998
₽5002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 700
social contributions
-
-
-
2 479
health
-
-
-
1 239
income
-
-
-
7 326
pensions
-
-
-
22 966
surtax
-
-
-
-
total
-
-
-
36 710
Employee
58 733
-
66 297
-
surtax
-
-
-
-
social contributions
1 673
-
1 888
-
income
5 125
-
7 084
-
pensions
6 643
-
7 499
-
total
13 441
-
16 471
-
Employer
58 733
-
66 297
-
other
2 027
-
2 287
-
unemployment
2 379
-
2 685
-
health
4 111
-
4 641
-
pensions
9 651
-
10 891
-
social contributions
176
-
199
-
total
18 344
-
20 703
-
Corporate
9 923
87 000
-
-
surtax
-
-
-
-
income
2 778
24 360
-
-
total
2 778
24 360
-
-
Dividends
7 145
62 640
-
-
social contributions
1 228
10 773
-
-
surtax
-
-
-
-
withholding
915
8 019
-
-
total
2 143
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 706
43 152
37 174
36 710
After tax
50 294
43 848
49 826
50 290
Living cost
45 292
45 292
45 292
45 292
Free-cash
5 002
-1 444
4 534
4 998

Estimated living cost  is ₽45292 per week

₽30653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40854
₽50112
₽38413
₽46962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 258
social contributions
-
-
-
19 141
total
-
-
-
20 399
Employee
30 148
-
75 324
-
income
-
-
1 386
-
social contributions
1 959
-
4 896
-
total
1 959
-
6 282
-
Employer
30 148
-
75 324
-
social contributions
4 673
-
11 676
-
total
4 673
-
11 676
-
Corporate
52 179
87 000
-
-
income
5 218
8 700
-
-
total
5 218
8 700
-
-
Dividends
46 962
78 300
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
11 850
8 700
17 958
20 399
After tax
75 150
78 300
69 042
66 601
Living cost
28 188
28 188
28 188
28 188
Free-cash
46 962
50 112
40 854
38 413

Estimated living cost  is ₽28188 per week

₽18226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽116959
-₽116959
₽9250
-₽116959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 895
pensions
-
-
-
811
national
-
-
-
9 126
municipal
-
-
-
15 834
total
-
-
-
32 666
Employee
190 287
190 287
190 287
-
labour market
15 201
15 201
15 201
-
municipal
40 521
40 521
40 521
-
national
23 247
23 247
23 247
-
pensions
270
270
270
-
total
79 239
79 239
79 239
-
Employer
190 287
190 287
190 287
-
national
23 287
23 287
23 287
-
labour market
15 223
15 223
15 223
-
pensions
541
541
541
-
municipal
40 585
40 585
40 585
-
total
79 636
79 636
79 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
158 875
158 875
158 875
32 666
After tax
-71 875
-71 875
-71 875
54 334
Living cost
45 084
45 084
45 084
45 084
Free-cash
-116 959
-116 959
-116 959
9 250

Estimated living cost  is ₽45084 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24013
-₽13412
₽39300
₽3910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
20 667
pensions
-
-
-
3 927
total
-
-
-
27 241
Employee
32 184
-
73 570
-
income
4 415
-
13 473
-
pensions
3 624
-
7 201
-
health
3 685
-
8 424
-
total
11 724
-
29 098
-
Employer
32 184
-
73 570
-
unemployment
789
-
1 802
-
accident
537
-
1 229
-
pensions
5 233
-
10 399
-
total
6 559
-
13 430
-
Corporate
48 257
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.

43 431
78 300
-
-
total
43 431
78 300
-
-
Dividends
4 826
8 700
-
-
withholding
917
1 653
-
-
total
917
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 631
79 953
42 528
27 241
After tax
24 369
7 047
44 472
59 759
Living cost
20 459
20 459
20 459
20 459
Free-cash
3 910
-13 412
24 013
39 300

Estimated living cost  is ₽20459 per week

₽14892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14166
₽22361
₽26534
₽19620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
949
national
-
-
-
8 025
municipal
-
-
-
15 489
total
-
-
-
24 463
Employee
49 337
-
73 189
-
municipal
8 081
-
11 955
-
national
815
-
4 292
-
pensions
3 330
-
4 940
-
health
368
-
735
-
unemployment
740
-
1 098
-
total
13 334
-
23 020
-
Employer
49 337
-
73 189
-
unemployment
320
-
475
-
health
379
-
564
-
accident
50
-
73
-
pensions
8 560
-
12 699
-
total
9 309
-
13 811
-
Corporate
28 354
87 000
-
-
income
5 671
17 400
-
-
total
5 671
17 400
-
-
Dividends

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

17 012
52 200
-
-
national
-
1 840
-
-
municipal
3 063
9 396
-
-
total
3 063
11 236
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 377
28 636
36 831
24 463
After tax
55 623
58 364
50 169
62 537
Living cost
36 003
36 003
36 003
36 003
Free-cash
19 620
22 361
14 166
26 534

Estimated living cost  is ₽36003 per week

₽23517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
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.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40843
₽42010
₽40930
₽36907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 573
health
-
-
-
2 219
income
-
-
-
8 567
total
-
-
-
24 359
Employee
72 108
72 108
78 983
-
social contributions
2 726
5 985
6 556
-
income
7 851
6 675
8 529
-
health
559
1 226
1 344
-
total
11 136
13 886
16 429
-
Employer
72 108
72 108
78 983
-
health
607
1 335
1 461
-
social contributions
2 726
5 985
6 556
-
total
3 333
7 320
8 017
-
Corporate
50 819
7 572
-
-
income
6 353
947
-
-
total
6 353
947
-
-
Dividends
44 466
6 626
-
-
withholding
7 560
1 126
-
-
total
7 560
1 126
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 382
23 279
24 446
24 359
After tax
58 618
63 721
62 554
62 641
Living cost
21 711
21 711
21 711
21 711
Free-cash
36 907
42 010
40 843
40 930

Estimated living cost  is ₽21711 per week

₽13012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38794
₽57156
₽54519
₽52387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 394
income
-
-
-
8 206
pensions
-
-
-
5 965
unemployment
-
-
-
27
total
-
-
-
17 592
Employee

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

21 525
-
78 875
-
income
1 472
-
6 262
-
pensions
3 228
-
11 830
-
health
1 829
-
6 704
-
unemployment
107
-
395
-
total
6 636
-
25 191
-
Employer

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

21 525
-
78 875
-
unemployment
107
-
395
-
health
925
-
3 392
-
pensions
1 183
-
4 339
-
total
2 215
-
8 126
-
Corporate
63 260
87 000
-
-
income
5 693
7 830
-
-
total
5 693
7 830
-
-
Dividends
57 567
79 170
-
-
withholding
5 180
7 125
-
-
total
5 180
7 125
-
-
Income
87 000
87 000
87 000
87 000
Total tax
19 724
14 955
33 317
17 592
After tax
67 276
72 045
53 683
69 408
Living cost
14 889
14 889
14 889
14 889
Free-cash
52 387
57 156
38 794
54 519

Estimated living cost  is ₽14889 per week

₽9499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20724
₽32847
₽20124
₽27927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
15 013
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
41 089
Employee
34 674
-
65 969
-
income
6 685
-
15 269
-
other
34
-
66
-
pensions
1 630
-
3 100
-
unemployment
537
-
1 023
-
total
8 886
-
19 458
-
Employer
34 674
-
65 969
-
other
278
-
527
-
unemployment
1 908
-
3 629
-
accident
687
-
1 306
-
pensions
8 182
-
15 569
-
total
11 055
-
21 031
-
Corporate
41 271
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.

6 191
13 049
-
-
total
6 191
13 049
-
-
Dividends
35 080
73 951
-
-
withholding
7 154
15 317
-
-
total
7 154
15 317
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 286
28 366
40 489
41 089
After tax
53 714
58 634
46 511
45 911
Living cost
25 787
25 787
25 787
25 787
Free-cash
27 927
32 847
20 724
20 124

Estimated living cost  is ₽25787 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53669
₽52550
₽53791
₽52266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
919
income
-
-
-
29 284
pensions
-
-
-
1 268
total
-
-
-
31 471
Employee
2 647
-
85 574
-
income
512
-
29 217
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
30 167
-
Employer
2 647
-
85 574
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
83 758
87 000
-
-
income
18 427
19 140
-
-
total
18 427
19 140
-
-
Dividends
65 331
67 860
-
-
withholding
13 066
13 572
-
-
total
13 066
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
32 996
32 712
31 593
31 471
After tax
54 004
54 288
55 407
55 529
Living cost
1 738
1 738
1 738
1 738
Free-cash
52 266
52 550
53 669
53 791

Estimated living cost  is ₽1738 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29038
₽46670
₽29039
₽42065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 125
income
-
-
-
15 624
pensions
-
-
-
17 986
unemployment
-
-
-
1 038
total
-
-
-
41 773
Employee

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

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

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

24 410
-
74 618
-
income
3 365
-
15 624
-
pensions
3 417
-
9 685
-
health
1 257
-
3 563
-
unemployment
183
-
519
-
total
8 222
-
29 391
-
Employer

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

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

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

24 410
-
74 618
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
pensions
2 929
-
8 301
-
total
4 369
-
12 383
-
Corporate
58 221
87 000
-
-
income
8 733
13 050
-
-
total
8 733
13 050
-
-
Dividends
49 488
73 950
-
-
withholding
7 423
11 092
-
-
total
7 423
11 092
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 747
24 142
41 774
41 773
After tax
58 253
62 858
45 226
45 227
Living cost
16 188
16 188
16 188
16 188
Free-cash
42 065
46 670
29 038
29 039

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
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.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19490
₽24204
₽23625
₽23866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
30 233
income
-
-
-
7 861
surtax
-
-
-
-
total
-
-
-
38 094
Employee
36 396
-
70 302
-
surtax
-
-
-
-
social contributions
4 004
-
7 734
-
income
7 112
-
17 797
-
total
11 116
-
25 531
-
Employer
36 396
-
70 302
-
social contributions
8 643
-
16 698
-
total
8 643
-
16 698
-
Corporate
41 961
87 000
-
-
surtax
-
-
-
-
income
8 812
18 271
-
-
total
8 812
18 271
-
-
Dividends
33 148
68 729
-
-
withholding
9 282
19 244
-
-
total
9 282
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 853
37 515
42 229
38 094
After tax
49 147
49 485
44 771
48 906
Living cost
25 281
25 281
25 281
25 281
Free-cash
23 866
24 204
19 490
23 625

Estimated living cost  is ₽25281 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13554
₽25677
₽12954
₽18527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
accident
-
-
-
783
income
-
-
-
15 013
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
41 089
Employee
45 289
-
65 969
-
income
9 459
-
15 269
-
other
44
-
66
-
pensions
2 128
-
3 100
-
unemployment
701
-
1 023
-
total
12 332
-
19 458
-
Employer
45 289
-
65 969
-
other
363
-
527
-
unemployment
2 491
-
3 629
-
accident
897
-
1 306
-
pensions
10 688
-
15 569
-
total
14 439
-
21 031
-
Corporate
27 272
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.

4 091
13 049
-
-
total
4 091
13 049
-
-
Dividends
23 181
73 951
-
-
withholding
4 654
15 317
-
-
total
4 654
15 317
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 516
28 366
40 489
41 089
After tax
51 484
58 634
46 511
45 911
Living cost
32 957
32 957
32 957
32 957
Free-cash
18 527
25 677
13 554
12 954

Estimated living cost  is ₽32957 per week

₽23668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51821
₽58363
₽49242
₽52687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 741
income
-
-
-
13 050
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
21 736
Employee
21 216
-
80 617
-
income
2 122
-
8 062
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 863
-
2 857
-
health
976
-
1 497
-
total
5 194
-
12 774
-
Employer
21 216
-
80 617
-
unemployment
127
-
195
-
health
1 464
-
2 245
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 338
-
3 585
-
total
4 162
-
6 383
-
Corporate
61 622
87 000
-
-
income
6 162
8 700
-
-
total
6 162
8 700
-
-
Dividends
55 459
78 300
-
-
withholding
2 773
3 915
-
-
total
2 773
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 291
12 615
19 157
21 736
After tax
68 709
74 385
67 843
65 264
Living cost
16 022
16 022
16 022
16 022
Free-cash
52 687
58 363
51 821
49 242

Estimated living cost  is ₽16022 per week

₽10597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26515
₽8701
₽20287
₽20967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 406
income

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

-
-
-
16 943
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.

-
-
-
932
trade
-
-
-
6 228
total
-
-
-
30 509
Employee

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

46 659
-
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.

212
-
932
-
income

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

3 837
-
16 943
-
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.

6 406
-
6 406
-
total
10 455
-
24 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 341
87 000
-
-
chamber of commerce
201
270
-
-
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.

333
717
-
-
trade
5 789
12 485
-
-
income
6 050
13 049
-
-
total
12 373
26 521
-
-
Dividends
27 968
60 478
-
-
surtax

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

365
811
-
-
withholding
6 636
14 763
-
-
total
7 001
15 574
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 829
42 095
24 281
30 509
After tax
57 171
44 905
62 719
56 491
Living cost
36 204
36 204
36 204
36 204
Free-cash
20 967
8 701
26 515
20 287

Estimated living cost  is ₽36204 per week

₽24974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
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.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6687
₽7481
₽6687
₽9552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 299
social contributions
-
-
-
7 596
total
-
-
-
26 895
Employee
73 353
-
87 000
-
income
13 841
-
19 299
-
social contributions
6 094
-
7 596
-
total
19 935
-
26 895
-
Employer
73 353
-
87 000
-
total
-
-
-
-
Corporate
13 647
87 000
-
-
income
1 707
10 875
-
-
total
1 707
10 875
-
-
Dividends
11 941
76 125
-
-
withholding
2 388
15 226
-
-
total
2 388
15 226
-
-
Income
87 000
87 000
87 000
87 000
Total tax
24 030
26 101
26 895
26 895
After tax
62 970
60 899
60 105
60 105
Living cost
53 418
53 418
53 418
53 418
Free-cash
9 552
7 481
6 687
6 687

Estimated living cost  is ₽53418 per week

₽40640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29748
₽17555
₽20454
₽21918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 693
health

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

-
-
-
5 812
total
-
-
-
32 505
Employee
43 018
-
82 686
-
income
4 668
-
14 583
-
social contributions
4 310
-
4 314
-
total
8 978
-
18 897
-
Employer
43 018
-
82 686
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
39 672
87 000
-
-
income
13 886
30 450
-
-
total
13 886
30 450
-
-
Dividends
25 786
56 550
-
-
social contributions
3 867
4 954
-
-
total
3 867
4 954
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 041
35 404
23 211
32 505
After tax
55 959
51 596
63 789
54 495
Living cost
34 041
34 041
34 041
34 041
Free-cash
21 918
17 555
29 748
20 454

Estimated living cost  is ₽34041 per week

₽22422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20234
₽30738
₽29303
₽25507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 971
pensions
-
-
-
6 282
total
-
-
-
23 253
Employee
47 279
-
76 705
-
income
8 610
-
13 668
-
health
617
-
1 219
-
pensions
3 609
-
7 140
-
total
12 836
-
22 027
-
Employer
47 279
-
76 705
-
health
899
-
1 458
-
pensions
4 777
-
8 837
-
total
5 676
-
10 295
-
Corporate
34 045
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.

6 468
16 530
-
-
total
6 468
16 530
-
-
Dividends
27 578
70 470
-
-
withholding
2 069
5 288
-
-
total
2 069
5 288
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 049
21 818
32 322
23 253
After tax
59 951
65 182
54 678
63 747
Living cost
34 444
34 444
34 444
34 444
Free-cash
25 507
30 738
20 234
29 303

Estimated living cost  is ₽34444 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
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.
₽7215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21987
-₽15438
₽37274
₽3598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
20 667
pensions
-
-
-
3 927
total
-
-
-
27 241
Employee
35 370
-
73 570
-
income
4 852
-
13 473
-
pensions
3 983
-
7 201
-
health
4 050
-
8 424
-
total
12 885
-
29 098
-
Employer
35 370
-
73 570
-
unemployment
866
-
1 802
-
accident
591
-
1 229
-
pensions
5 751
-
10 399
-
total
7 208
-
13 430
-
Corporate
44 422
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.

39 980
78 300
-
-
total
39 980
78 300
-
-
Dividends
4 442
8 700
-
-
withholding
844
1 653
-
-
total
844
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
60 917
79 953
42 528
27 241
After tax
26 083
7 047
44 472
59 759
Living cost
22 485
22 485
22 485
22 485
Free-cash
3 598
-15 438
21 987
37 274

Estimated living cost  is ₽22485 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40594
₽60562
₽37261
₽56747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 165
health insurance
-
-
-
6 438
work injury
-
-
-
435
pensions
-
-
-
16 008
unemployment
-
-
-
1 044
total
-
-
-
37 090
Employee

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

20 239
-
87 000
-
income
2 024
-
13 165
-
work injury
101
-
374
-
health insurance
1 498
-
5 541
-
pensions
3 724
-
13 778
-
unemployment
243
-
899
-
total
7 590
-
33 757
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 761
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%.

-
870
-
-
total
-
870
-
-
Dividends
66 761
86 130
-
-
withholding
10 014
12 919
-
-
total
10 014
12 919
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 604
13 789
33 757
37 090
After tax
69 396
73 211
53 243
49 910
Living cost
12 649
12 649
12 649
12 649
Free-cash
56 747
60 562
40 594
37 261

Estimated living cost  is ₽12649 per week

₽7836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3022
₽8468
₽7000
₽4202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
18 009
regional
-
-
-
1 675
municipal
-
-
-
582
total
-
-
-
42 642
Employee
79 021
-
87 000
-
social contributions
26 645
-
29 336
-
municipal
472
-
520
-
national
13 354
-
15 363
-
regional
1 193
-
1 401
-
total
41 664
-
46 620
-
Employer
79 021
-
87 000
-
total
-
-
-
-
Corporate
7 979
87 000
-
-
nationa
1 915
20 880
-
-
municipal
384
4 193
-
-
total
2 299
25 073
-
-
Dividends
5 680
61 928
-
-
withholding
1 477
16 101
-
-
total
1 477
16 101
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 440
41 174
46 620
42 642
After tax
41 560
45 826
40 380
44 358
Living cost
37 358
37 358
37 358
37 358
Free-cash
4 202
8 468
3 022
7 000

Estimated living cost  is ₽37358 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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