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
₽35138
₽16900
₽27986
₽26793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
17 681
trade
-
-
-
7 152
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.

-
-
-
6 112
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.

-
-
-
973
total
-
-
-
31 918
Employee

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

34 216
-
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.

53
-
973
-
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.

6 112
-
6 112
-
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.

956
-
17 681
-
total
7 121
-
24 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 784
87 000
-
-
income
7 918
13 050
-
-
trade
8 313
13 702
-
-
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.

436
718
-
-
chamber of commerce
212
261
-
-
total
16 879
27 731
-
-
Dividends
35 904
59 269
-
-
withholding
8 636
14 477
-
-
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.

475
796
-
-
total
9 111
15 273
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 111
43 004
24 766
31 918
After tax
53 889
43 996
62 234
55 082
Living cost
27 096
27 096
27 096
27 096
Free-cash
26 793
16 900
35 138
27 986

Estimated living cost  is ₽27096 per week

₽17044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6305
₽7202
₽5623
₽6418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 440
social contributions
-
-
-
935
municipal
-
-
-
8 988
national
-
-
-
13 928
total
-
-
-
34 291
Employee
72 991
-
75 211
-
municipal
9 016
-
9 325
-
pensions
2 920
-
3 008
-
national
13 971
-
14 450
-
total
25 907
-
26 783
-
Employer
72 991
-
75 211
-
social contributions
785
-
809
-
pensions
5 839
-
6 017
-
total
6 624
-
6 826
-
Corporate
2 567
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%.

513
17 400
-
-
total
513
17 400
-
-
Dividends
2 054
69 600
-
-
withholding
452
15 312
-
-
total
452
15 312
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 496
32 712
33 609
34 291
After tax
53 504
54 288
53 391
52 709
Living cost
47 086
47 086
47 086
47 086
Free-cash
6 418
7 202
6 305
5 623

Estimated living cost  is ₽47086 per week

₽32004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30454
₽50988
₽27860
₽43651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
income
-
-
-
12 559
microenterprise
-
-
-
-
social contributions

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

-
-
-
27 970
surtax
-
-
-
-
total
-
-
-
40 529
Employee
26 140
-
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.

2 876
-
7 712
-
income
4 653
-
13 333
-
total
7 529
-
21 045
-
Employer
26 140
-
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.

6 297
-
16 890
-
total
6 297
-
16 890
-
Corporate
54 563
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%.

10 912
17 401
-
-
total
10 912
17 401
-
-
Dividends

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

43 651
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
24 738
17 401
37 935
40 529
After tax
62 262
69 599
49 065
46 471
Living cost
18 611
18 611
18 611
18 611
Free-cash
43 651
50 988
30 454
27 860

Estimated living cost  is ₽18611 per week

₽11873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1833
₽3189
₽11921
-₽1833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 545
pensions
-
-
-
10 481
health
-
-
-
10 578
total
-
-
-
37 604
Employee
76 394
76 394
76 394
-
pensions
13 751
10 481
13 751
-
health
11 726
9 974
11 726
-
income

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

12 504
12 504
12 504
-
total
37 981
32 959
37 981
-
Employer
76 394
76 394
76 394
-
health
5 310
5 310
5 310
-
unemployment
2 750
2 750
2 750
-
pensions
5 317
5 317
5 317
-
total
13 377
13 377
13 377
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
51 358
46 336
51 358
37 604
After tax
35 642
40 664
35 642
49 396
Living cost
37 475
37 475
37 475
37 475
Free-cash
-1 833
3 189
-1 833
11 921

Estimated living cost  is ₽37475 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3378
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.
₽6943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10035
₽11077
₽8400
₽10259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 630
other
-
-
-
9 277
unemployment
-
-
-
80
accident
-
-
-
160
health
-
-
-
4 981
municipal
-
-
-
19 047
national
-
-
-
-
total
-
-
-
42 175
Employee
51 903
-
66 200
-
municipal
15 477
-
19 741
-
national
-
-
-
-
total
15 477
-
19 741
-
Employer
51 903
-
66 200
-
accident
104
-
132
-
other
6 031
-
7 692
-
health
3 192
-
4 071
-
unemployment
1 370
-
1 748
-
pensions
5 611
-
7 156
-
total
16 308
-
20 799
-
Corporate
18 789
87 000
-
-
income
4 134
19 140
-
-
total
4 134
19 140
-
-
Dividends
14 656
67 860
-
-
withholding
4 397
20 358
-
-
total
4 397
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 316
39 498
40 540
42 175
After tax
46 684
47 502
46 460
44 825
Living cost
36 425
36 425
36 425
36 425
Free-cash
10 259
11 077
10 035
8 400

Estimated living cost  is ₽36425 per week

₽24141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27091
₽8405
₽19621
₽20974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
17 681
trade
-
-
-
7 470
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.

-
-
-
6 112
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.

-
-
-
973
total
-
-
-
32 236
Employee

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

45 366
-
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.

214
-
973
-
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.

6 112
-
6 112
-
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.

3 898
-
17 681
-
total
10 224
-
24 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 634
87 000
-
-
income
6 246
13 050
-
-
trade
6 848
14 311
-
-
surtax

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

343
718
-
-
chamber of commerce
195
260
-
-
total
13 632
28 339
-
-
Dividends
28 002
58 661
-
-
withholding
6 660
14 325
-
-
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.

367
788
-
-
total
7 027
15 113
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 883
43 452
24 766
32 236
After tax
56 117
43 548
62 234
54 764
Living cost
35 143
35 143
35 143
35 143
Free-cash
20 974
8 405
27 091
19 621

Estimated living cost  is ₽35143 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32949
₽34681
₽33035
₽30971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 157
social contributions
-
-
-
13 573
health
-
-
-
2 219
total
-
-
-
24 949
Employee
68 789
68 789
78 982
-
social contributions
3 343
5 709
6 556
-
health
684
1 170
1 343
-
income
7 223
6 368
9 118
-
total
11 250
13 247
17 017
-
Employer
68 789
68 789
78 982
-
health
745
1 273
1 462
-
social contributions
3 343
5 709
6 556
-
total
4 088
6 982
8 018
-
Corporate
42 646
11 228
-
-
income
5 331
1 404
-
-
total
5 331
1 404
-
-
Dividends
37 315
9 824
-
-
withholding
6 344
1 670
-
-
total
6 344
1 670
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 013
23 303
25 035
24 949
After tax
59 987
63 697
61 965
62 051
Living cost
29 016
29 016
29 016
29 016
Free-cash
30 971
34 681
32 949
33 035

Estimated living cost  is ₽29016 per week

₽19835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32328
₽30952
₽42162
₽31327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 138
10 402
72 803
-
unemployment
392
156
1 092
-
pensions
2 614
1 040
7 280
-
health
1 830
728
5 096
-
income
3 195
1 272
8 900
-
total
8 031
3 196
22 368
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 138
10 402
72 803
-
pensions
5 097
2 028
14 197
-
total
5 097
2 028
14 197
-
Corporate
55 765
74 569
-
-
income
5 019
6 711
-
-
total
5 019
6 711
-
-
Dividends
50 746
67 858
-
-
withholding
9 642
12 893
-
-
social contributions
9 777
13 113
-
-
total
19 419
26 006
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 566
37 941
36 565
26 731
After tax
49 434
49 059
50 435
60 269
Living cost
18 107
18 107
18 107
18 107
Free-cash
31 327
30 952
32 328
42 162

Estimated living cost  is ₽18107 per week

₽12356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28539
₽47992
₽25024
₽42434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 658
pensions
-
-
-
17 401
health
-
-
-
11 310
total
-
-
-
40 369
Employee
25 378
-
65 024
-
unemployment
406
-
1 041
-
pensions
508
-
1 300
-
income
2 857
-
12 537
-
total
3 771
-
14 878
-
Employer
25 378
-
65 024
-
health
3 299
-
8 453
-
unemployment
204
-
519
-
pensions
5 076
-
13 004
-
total
8 579
-
21 976
-
Corporate
53 044
87 000
-
-
income
10 609
17 401
-
-
total
10 609
17 401
-
-
Dividends
42 435
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
22 959
17 401
36 854
40 369
After tax
64 041
69 599
50 146
46 631
Living cost
21 607
21 607
21 607
21 607
Free-cash
42 434
47 992
28 539
25 024

Estimated living cost  is ₽21607 per week

₽14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25020
-₽12693
₽39989
₽4020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 021
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
27 271
Employee
31 052
-
74 063
-
pensions
3 497
-
6 846
-
health
3 555
-
8 480
-
income
4 260
-
13 977
-
total
11 312
-
29 303
-
Employer
31 052
-
74 063
-
accident
518
-
1 237
-
unemployment
761
-
1 815
-
pensions
5 049
-
9 885
-
total
6 328
-
12 937
-
Corporate
49 619
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.

44 657
78 300
-
-
total
44 657
78 300
-
-
Dividends
4 962
8 700
-
-
withholding
943
1 653
-
-
total
943
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
63 240
79 953
42 240
27 271
After tax
23 760
7 047
44 760
59 729
Living cost
19 740
19 740
19 740
19 740
Free-cash
4 020
-12 693
25 020
39 989

Estimated living cost  is ₽19740 per week

₽14468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61939
₽74990
₽78470
₽73554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 575
-
87 000
-
income
1 915
-
17 400
-
total
1 915
-
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%.

77 425
87 000
-
-
total
-
-
-
-
Dividends
77 425
87 000
-
-
withholding
3 871
4 350
-
-
total
3 871
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
5 786
4 350
17 400
870
After tax
81 214
82 650
69 600
86 130
Living cost
7 660
7 660
7 660
7 660
Free-cash
73 554
74 990
61 939
78 470

Estimated living cost  is ₽7660 per week

₽4747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27161
₽40082
₽23272
₽34042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 050
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.

-
-
-
20 881
other
-
-
-
4 132
health
-
-
-
3 828
total
-
-
-
39 891
Employee
32 481
-
69 491
-
unemployment
324
-
694
-
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.

2 273
-
4 864
-
health
455
-
973
-
income
5 592
-
11 962
-
total
8 644
-
18 493
-
Employer
32 481
-
69 491
-
accident
260
-
555
-
other
1 625
-
3 473
-
health
455
-
973
-
unemployment
324
-
694
-
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.

5 522
-
11 814
-
total
8 186
-
17 509
-
Corporate
46 333
87 000
-
-
income
9 729
18 270
-
-
total
9 729
18 270
-
-
Dividends
36 603
68 730
-
-
withholding
2 562
4 811
-
-
total
2 562
4 811
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 121
23 081
36 002
39 891
After tax
57 879
63 919
50 998
47 109
Living cost
23 837
23 837
23 837
23 837
Free-cash
34 042
40 082
27 161
23 272

Estimated living cost  is ₽23837 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5583
₽4486
₽3092
-₽9803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 409
pensions
-
-
-
6 327
total
-
-
-
23 736
Employee
85 135
-
76 661
-
pensions
8 213
-
7 197
-
health
1 403
-
1 229
-
income
15 346
-
13 646
-
total
24 962
-
22 072
-
Employer
85 135
-
76 661
-
health
1 617
-
1 456
-
pensions
10 052
-
8 883
-
total
11 669
-
10 339
-
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.

-
16 529
-
-
total
-
16 529
-
-
Dividends
-
70 471
-
-
withholding
-
5 813
-
-
total
-
5 813
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 631
22 342
32 411
23 736
After tax
50 369
64 658
54 589
63 264
Living cost
60 172
60 172
60 172
60 172
Free-cash
-9 803
4 486
-5 583
3 092

Estimated living cost  is ₽60172 per week

₽45088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
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.
₽7526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56294
₽62529
₽53661
₽58328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
pensions

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

-
-
-
4 675
unemployment
-
-
-
126
health
-
-
-
3 632
total
-
-
-
21 483
Employee
15 699
-
80 803
-
pensions

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

1 378
-
2 773
-
health
722
-
1 453
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
income
1 570
-
8 080
-
total
3 843
-
12 653
-
Employer
15 699
-
80 803
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
health
1 084
-
2 179
-
unemployment
94
-
190
-
pensions

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

1 730
-
3 481
-
total
3 081
-
6 197
-
Corporate
68 220
87 000
-
-
income
6 822
8 700
-
-
total
6 822
8 700
-
-
Dividends
61 399
78 300
-
-
withholding
3 070
3 915
-
-
total
3 070
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
16 816
12 615
18 850
21 483
After tax
70 184
74 385
68 150
65 517
Living cost
11 856
11 856
11 856
11 856
Free-cash
58 328
62 529
56 294
53 661

Estimated living cost  is ₽11856 per week

₽6922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13964
-₽8942
-₽210
-₽10459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 545
pensions
-
-
-
10 481
health
-
-
-
10 578
total
-
-
-
37 604
Employee
82 939
76 394
76 394
-
pensions
10 481
10 481
13 751
-
health
10 347
9 974
11 726
-
income

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

12 504
12 504
12 504
-
total
33 332
32 959
37 981
-
Employer
82 939
76 394
76 394
-
health
5 763
5 310
5 310
-
unemployment
2 986
2 750
2 750
-
pensions
5 772
5 317
5 317
-
total
14 521
13 377
13 377
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
47 853
46 336
51 358
37 604
After tax
39 147
40 664
35 642
49 396
Living cost
49 606
49 606
49 606
49 606
Free-cash
-10 459
-8 942
-13 964
-210

Estimated living cost  is ₽49606 per week

₽36593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21803
₽37553
₽20026
₽29579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 404
health
-
-
-
11 745
total
-
-
-
44 627
Employee
32 863
-
64 925
-
social contributions
2 136
-
4 220
-
solidarity contribution
-
-
-
-
health
4 437
-
8 765
-
income
3 944
-
7 791
-
total
10 517
-
20 776
-
Employer
32 863
-
64 925
-
health
2 958
-
5 843
-
social contributions
8 216
-
16 231
-
total
11 174
-
22 074
-
Corporate
42 963
87 000
-
-
income
8 163
16 530
-
-
total
8 163
16 530
-
-
Dividends
34 800
70 470
-
-
withholding
5 220
10 570
-
-
total
5 220
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 074
27 100
42 850
44 627
After tax
51 926
59 900
44 150
42 373
Living cost
22 347
22 347
22 347
22 347
Free-cash
29 579
37 553
21 803
20 026

Estimated living cost  is ₽22347 per week

₽15522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2952
₽8670
₽7092
₽3999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
956
social contributions
-
-
-
22 377
municipal
-
-
-
518
national
-
-
-
18 309
total
-
-
-
42 160
Employee
79 505
-
87 000
-
municipal
421
-
462
-
social contributions
26 809
-
29 337
-
regional
750
-
837
-
national
13 776
-
15 664
-
total
41 756
-
46 300
-
Employer
79 505
-
87 000
-
total
-
-
-
-
Corporate
7 495
87 000
-
-
nationa
1 799
20 879
-
-
municipal
292
3 394
-
-
total
2 091
24 273
-
-
Dividends
5 403
62 727
-
-
withholding
1 406
16 309
-
-
total
1 406
16 309
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 253
40 582
46 300
42 160
After tax
41 747
46 418
40 700
44 840
Living cost
37 748
37 748
37 748
37 748
Free-cash
3 999
8 670
2 952
7 092

Estimated living cost  is ₽37748 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23589
₽34983
₽25270
₽32199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 262
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
6 176
surtax
-
-
-
1 947
total
-
-
-
41 990
Employee
29 583
-
71 872
-
unemployment
2 059
-
5 003
-
surtax
97
-
1 754
-
pensions
1 973
-
4 794
-
health
755
-
1 832
-
other
-
-
-
-
income
4 959
-
15 160
-
total
9 843
-
28 543
-
Employer
29 583
-
71 872
-
other
-
-
-
-
health
1 346
-
3 270
-
unemployment
937
-
2 278
-
pensions
3 944
-
9 580
-
total
6 227
-
15 128
-
Corporate
51 190
87 000
-
-
income
13 309
22 619
-
-
total
13 309
22 619
-
-
Dividends
37 880
64 381
-
-
withholding
5 682
9 658
-
-
total
5 682
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 061
32 277
43 671
41 990
After tax
51 939
54 723
43 329
45 010
Living cost
19 740
19 740
19 740
19 740
Free-cash
32 199
34 983
23 589
25 270

Estimated living cost  is ₽19740 per week

₽12070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13481
₽23550
₽22156
₽16996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 409
pensions
-
-
-
6 327
total
-
-
-
23 736
Employee
57 055
-
76 661
-
pensions
4 843
-
7 197
-
health
828
-
1 229
-
income
10 276
-
13 646
-
total
15 947
-
22 072
-
Employer
57 055
-
76 661
-
health
1 084
-
1 456
-
pensions
6 176
-
8 883
-
total
7 260
-
10 339
-
Corporate
22 685
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.

4 310
16 529
-
-
total
4 310
16 529
-
-
Dividends
18 375
70 471
-
-
withholding
1 379
5 813
-
-
total
1 379
5 813
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 896
22 342
32 411
23 736
After tax
58 104
64 658
54 589
63 264
Living cost
41 108
41 108
41 108
41 108
Free-cash
16 996
23 550
13 481
22 156

Estimated living cost  is ₽41108 per week

₽30798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3514
-₽32145
₽943
-₽5191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 819
pensions
-
-
-
8 003
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.

-
-
-
1 740
city
-
-
-
916
health
-
-
-
235
national
-
-
-
417
total
-
-
-
14 130
Employee
84 173
-
77 870
-
city
903
-
837
-
unemployment
-
-
-
-
pensions
7 072
-
6 540
-
regional
2 756
-
2 414
-
health
190
-
175
-
national
398
-
349
-
total
11 319
-
10 315
-
Employer
84 173
-
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.

1 683
-
1 557
-
health
190
-
175
-
unemployment
-
-
-
-
pensions
7 072
-
6 540
-
total
8 945
-
8 272
-
Corporate
-
87 000
-
-
national
-
7 395
-
-
regional
-
18 401
-
-
total
-
25 796
-
-
Dividends
-
61 204
-
-
withholding
-
21 422
-
-
total
-
21 422
-
-
Income
87 000
87 000
87 000
87 000
Total tax
20 264
47 218
18 587
14 130
After tax
66 736
39 782
68 413
72 870
Living cost
71 927
71 927
71 927
71 927
Free-cash
-5 191
-32 145
-3 514
943

Estimated living cost  is ₽71927 per week

₽46773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽883
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21253
₽2119
₽13466
₽16624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
17 681
trade
-
-
-
7 787
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.

-
-
-
6 112
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.

-
-
-
973
total
-
-
-
32 553
Employee

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

53 763
-
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.

348
-
973
-
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.

6 112
-
6 112
-
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.

6 322
-
17 681
-
total
12 782
-
24 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 237
87 000
-
-
income
4 986
13 050
-
-
trade
5 701
14 921
-
-
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.

275
718
-
-
chamber of commerce
183
258
-
-
total
11 145
28 947
-
-
Dividends
22 092
58 054
-
-
withholding
5 183
14 174
-
-
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.

285
779
-
-
total
5 468
14 953
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 395
43 900
24 766
32 553
After tax
57 605
43 100
62 234
54 447
Living cost
40 981
40 981
40 981
40 981
Free-cash
16 624
2 119
21 253
13 466

Estimated living cost  is ₽40981 per week

₽29931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18754
₽13243
₽19559
₽18526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 938
pensions
-
-
-
22 239
social contributions
-
-
-
2 479
other
-
-
-
2 701
health
-
-
-
1 477
surtax
-
-
-
-
total
-
-
-
36 834
Employee
38 287
-
66 296
-
surtax
-
-
-
-
pensions
4 329
-
7 498
-
social contributions
1 092
-
1 889
-
income
2 260
-
7 547
-
total
7 681
-
16 934
-
Employer
38 287
-
66 296
-
other
1 321
-
2 287
-
health
2 681
-
4 641
-
unemployment
1 550
-
2 686
-
social contributions
115
-
199
-
pensions
6 290
-
10 892
-
total
11 957
-
20 705
-
Corporate
36 757
87 000
-
-
income
10 291
24 359
-
-
surtax
-
-
-
-
total
10 291
24 359
-
-
Dividends
26 466
62 641
-
-
withholding
3 387
8 018
-
-
surtax
-
-
-
-
social contributions
4 551
10 773
-
-
total
7 938
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 867
43 150
37 639
36 834
After tax
49 133
43 850
49 361
50 166
Living cost
30 607
30 607
30 607
30 607
Free-cash
18 526
13 243
18 754
19 559

Estimated living cost  is ₽30607 per week

₽19299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2489
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.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21787
₽16276
₽22592
₽21244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 938
pensions
-
-
-
22 239
social contributions
-
-
-
2 479
other
-
-
-
2 701
health
-
-
-
1 477
surtax
-
-
-
-
total
-
-
-
36 834
Employee
34 176
-
66 296
-
surtax
-
-
-
-
pensions
3 866
-
7 498
-
social contributions
974
-
1 889
-
income
1 762
-
7 547
-
total
6 602
-
16 934
-
Employer
34 176
-
66 296
-
other
1 180
-
2 287
-
health
2 392
-
4 641
-
unemployment
1 384
-
2 686
-
social contributions
102
-
199
-
pensions
5 616
-
10 892
-
total
10 674
-
20 705
-
Corporate
42 151
87 000
-
-
income
11 802
24 359
-
-
surtax
-
-
-
-
total
11 802
24 359
-
-
Dividends
30 349
62 641
-
-
withholding
3 884
8 018
-
-
surtax
-
-
-
-
social contributions
5 220
10 773
-
-
total
9 104
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 182
43 150
37 639
36 834
After tax
48 818
43 850
49 361
50 166
Living cost
27 574
27 574
27 574
27 574
Free-cash
21 244
16 276
21 787
22 592

Estimated living cost  is ₽27574 per week

₽15992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37182
₽34109
₽36903
₽34574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
social contributions
-
-
-
12 006
health
-
-
-
6 072
total
-
-
-
31 128
Employee
30 332
-
87 000
-
social contributions
4 186
-
12 006
-
health
2 117
-
6 072
-
income
5 059
-
12 771
-
total
11 362
-
30 849
-
Employer
30 332
-
87 000
-
total
-
-
-
-
Corporate
56 668
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%.

2 833
4 349
-
-
total
2 833
4 349
-
-
Dividends
53 835
82 651
-
-
withholding
8 076
12 398
-
-
health
3 757
5 769
-
-
social contributions
7 429
11 406
-
-
total
19 262
29 573
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 457
33 922
30 849
31 128
After tax
53 543
53 078
56 151
55 872
Living cost
18 969
18 969
18 969
18 969
Free-cash
34 574
34 109
37 182
36 903

Estimated living cost  is ₽18969 per week

₽12695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4810
₽17285
₽12731
₽15904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 985
pensions
-
-
-
16 095
unemployment
-
-
-
5 487
health
-
-
-
6 655
chamber of commerce
-
-
-
348
surtax
-
-
-
177
total
-
-
-
42 747
Employee
44 707
35 650
67 421
-
unemployment
1 341
1 070
2 022
-
pensions
4 579
3 650
6 904
-
health
1 730
1 380
2 609
-
other
446
357
674
-
income
5 090
2 630
12 493
-
total
13 186
9 087
24 702
-
Employer
44 707
35 650
67 421
-
surtax
177
177
177
-
accident
581
463
876
-
other
2 124
1 693
3 203
-
health
1 689
1 348
2 548
-
unemployment
1 341
1 070
2 022
-
chamber of commerce
178
143
270
-
payroll
1 341
1 070
2 022
-
pensions
5 611
4 475
8 461
-
total
13 042
10 439
19 579
-
Corporate
29 251
40 912
64 026
-
income

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

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

7 313
10 228
16 007
-
total
7 313
10 228
16 007
-
Dividends
21 938
30 684
-
-
withholding
6 033
8 439
-
-
total
6 033
8 439
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 574
38 193
60 288
42 747
After tax
47 426
48 807
26 712
44 253
Living cost
31 522
31 522
31 522
31 522
Free-cash
15 904
17 285
-4 810
12 731

Estimated living cost  is ₽31522 per week

₽21024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1444
₽16183
₽8543
₽2767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
communal

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

-
-
-
4 414
social contributions
-
-
-
13 439
national
-
-
-
27 986
total
-
-
-
45 839
Employee

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

63 990
-
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.

557
-
586
-
pensions

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

4 799
-
5 054
-
communal

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

3 338
-
3 514
-
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.

3 007
-
3 166
-
national
19 673
-
21 001
-
total
31 374
-
33 321
-
Employer

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

63 990
-
67 382
-
surtax
7 256
-
7 643
-
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.

832
-
876
-
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.

3 935
-
4 144
-
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.

934
-
983
-
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.

5 670
-
5 971
-
total
18 627
-
19 617
-
Corporate
4 383
87 000
-
-
income
876
17 401
-
-
surtax
17
348
-
-
total
893
17 749
-
-
Dividends
3 490
69 251
-
-
withholding

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

721
20 450
-
-
total
721
20 450
-
-
Income
87 000
87 000
87 000
87 000
Total tax
51 615
38 199
52 938
45 839
After tax
35 385
48 801
34 062
41 161
Living cost
32 618
32 618
32 618
32 618
Free-cash
2 767
16 183
1 444
8 543

Estimated living cost  is ₽32618 per week

₽21010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2852
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.
₽8245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13914
₽26317
₽14128
₽19191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 689
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
40 565
Employee
44 530
-
65 970
-
unemployment
691
-
1 022
-
pensions
2 093
-
3 100
-
other
44
-
66
-
income
9 396
-
15 561
-
total
12 224
-
19 749
-
Employer
44 530
-
65 970
-
accident
881
-
1 305
-
other
355
-
528
-
unemployment
2 450
-
3 628
-
pensions
10 508
-
15 569
-
total
14 194
-
21 030
-
Corporate
28 276
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.

4 241
13 050
-
-
total
4 241
13 050
-
-
Dividends
24 035
73 950
-
-
withholding
4 843
15 326
-
-
total
4 843
15 326
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 502
28 376
40 779
40 565
After tax
51 498
58 624
46 221
46 435
Living cost
32 307
32 307
32 307
32 307
Free-cash
19 191
26 317
13 914
14 128

Estimated living cost  is ₽32307 per week

₽23791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5472
₽4707
₽1493
-₽1265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 194
communal
-
-
-
5 499
pensions
-
-
-
13 040
accident
-
-
-
733
health
-
-
-
6 112
surtax
-
-
-
4 314
total
-
-
-
36 892
Employee
67 746
-
77 714
-
surtax
4 152
-
4 764
-
pensions
5 419
-
6 217
-
health
3 015
-
3 458
-
income
6 544
-
9 188
-
total
19 130
-
23 627
-
Employer
67 746
-
77 714
-
accident
609
-
699
-
health
2 066
-
2 370
-
pensions
5 419
-
6 217
-
total
8 094
-
9 286
-
Corporate
11 160
87 000
-
-
income
1 674
13 050
-
-
surtax
117
913
-
-
communal
-
5 872
-
-
total
1 791
19 835
-
-
Dividends
9 369
67 165
-
-
income
9 229
3 768
-
-
withholding
1 406
10 075
-
-
total
10 635
13 843
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 650
33 678
32 913
36 892
After tax
47 350
53 322
54 087
50 108
Living cost
48 615
48 615
48 615
48 615
Free-cash
-1 265
4 707
5 472
1 493

Estimated living cost  is ₽48615 per week

₽36469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23236
₽34630
₽24917
₽31784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 262
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
6 176
surtax
-
-
-
1 947
total
-
-
-
41 990
Employee
30 126
-
71 872
-
unemployment
2 097
-
5 003
-
surtax
107
-
1 754
-
pensions
2 010
-
4 794
-
health
769
-
1 832
-
other
-
-
-
-
income
5 050
-
15 160
-
total
10 033
-
28 543
-
Employer
30 126
-
71 872
-
other
-
-
-
-
health
1 370
-
3 270
-
unemployment
956
-
2 278
-
pensions
4 017
-
9 580
-
total
6 343
-
15 128
-
Corporate
50 531
87 000
-
-
income
13 138
22 619
-
-
total
13 138
22 619
-
-
Dividends
37 393
64 381
-
-
withholding
5 609
9 658
-
-
total
5 609
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 123
32 277
43 671
41 990
After tax
51 877
54 723
43 329
45 010
Living cost
20 093
20 093
20 093
20 093
Free-cash
31 784
34 630
23 236
24 917

Estimated living cost  is ₽20093 per week

₽12131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16269
₽21633
₽20387
₽19645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 311
social contributions
-
-
-
22 377
municipal
-
-
-
518
national
-
-
-
18 309
total
-
-
-
42 515
Employee
49 624
-
87 000
-
municipal
263
-
462
-
social contributions
16 734
-
29 337
-
regional
668
-
1 170
-
national
7 862
-
15 664
-
total
25 527
-
46 633
-
Employer
49 624
-
87 000
-
total
-
-
-
-
Corporate
37 376
87 000
-
-
nationa
8 970
20 879
-
-
municipal
1 857
4 324
-
-
total
10 827
25 203
-
-
Dividends
26 549
61 797
-
-
withholding
6 903
16 066
-
-
total
6 903
16 066
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 257
41 269
46 633
42 515
After tax
43 743
45 731
40 367
44 485
Living cost
24 098
24 098
24 098
24 098
Free-cash
19 645
21 633
16 269
20 387

Estimated living cost  is ₽24098 per week

₽14987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16613
₽32363
₽14836
₽22539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 404
health
-
-
-
11 745
total
-
-
-
44 627
Employee
40 496
-
64 925
-
social contributions
2 632
-
4 220
-
solidarity contribution
-
-
-
-
health
5 467
-
8 765
-
income
4 859
-
7 791
-
total
12 958
-
20 776
-
Employer
40 496
-
64 925
-
health
3 645
-
5 843
-
social contributions
10 124
-
16 231
-
total
13 769
-
22 074
-
Corporate
32 735
87 000
-
-
income
6 220
16 530
-
-
total
6 220
16 530
-
-
Dividends
26 516
70 470
-
-
withholding
3 977
10 570
-
-
total
3 977
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 924
27 100
42 850
44 627
After tax
50 076
59 900
44 150
42 373
Living cost
27 537
27 537
27 537
27 537
Free-cash
22 539
32 363
16 613
14 836

Estimated living cost  is ₽27537 per week

₽20478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽1798
₽20364
₽15890
₽19923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 985
pensions
-
-
-
16 095
unemployment
-
-
-
5 487
health
-
-
-
6 655
chamber of commerce
-
-
-
348
surtax
-
-
-
-
total
-
-
-
42 570
Employee
39 105
35 650
67 559
-
unemployment
1 173
1 070
2 027
-
pensions
4 005
3 650
6 918
-
health
1 513
1 380
2 614
-
other
390
357
676
-
income
3 484
2 630
12 540
-
total
10 565
9 087
24 775
-
Employer
39 105
35 650
67 559
-
surtax
-
-
-
-
accident
508
463
878
-
other
1 857
1 693
3 209
-
health
1 479
1 348
2 553
-
unemployment
1 173
1 070
2 027
-
chamber of commerce
156
143
270
-
payroll
1 173
1 070
2 027
-
pensions
4 908
4 475
8 478
-
total
11 254
10 262
19 442
-
Corporate
36 642
41 089
64 163
-
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.

9 160
10 272
16 041
-
total
9 160
10 272
16 041
-
Dividends
27 481
30 817
-
-
withholding
7 558
8 475
-
-
total
7 558
8 475
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 537
38 096
60 258
42 570
After tax
48 463
48 904
26 742
44 430
Living cost
28 540
28 540
28 540
28 540
Free-cash
19 923
20 364
-1 798
15 890

Estimated living cost  is ₽28540 per week

₽17121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57663
₽70713
₽74193
₽68474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 922
-
87 000
-
income
2 985
-
17 400
-
total
2 985
-
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%.

72 078
87 000
-
-
total
-
-
-
-
Dividends
72 078
87 000
-
-
withholding
3 604
4 350
-
-
total
3 604
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 589
4 350
17 400
870
After tax
80 411
82 650
69 600
86 130
Living cost
11 937
11 937
11 937
11 937
Free-cash
68 474
70 713
57 663
74 193

Estimated living cost  is ₽11937 per week

₽8078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18632
₽35904
₽21125
₽28420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
87 000
income
-
-
-
17 300
pensions
-
-
-
15 888
unemployment
-
-
-
131
health
-
-
-
8 561
total
-
-
-
41 880
Employee

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

39 559
-
75 279
-
unemployment
56
-
105
-
pensions
6 132
-
11 668
-
health
2 555
-
4 862
-
income
6 822
-
16 017
-
total
15 565
-
32 652
-
Employer

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

39 559
-
75 279
-
health
2 635
-
5 013
-
unemployment
24
-
46
-
pensions
3 501
-
6 662
-
total
6 160
-
11 721
-
Corporate
41 282
87 000
-
-
income
7 843
16 530
-
-
total
7 843
16 530
-
-
Dividends
33 439
70 470
-
-
withholding
5 017
10 571
-
-
total
5 017
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
34 585
27 101
44 373
41 880
After tax
52 415
59 899
42 627
45 120
Living cost
23 995
23 995
23 995
23 995
Free-cash
28 420
35 904
18 632
21 125

Estimated living cost  is ₽23995 per week

₽16467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34391
₽12614
₽19807
-₽52318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 958
social contributions
-
-
-
9 918
total
-
-
-
26 876
Employee
57 808
-
-
-
social contributions
4 740
-
676
-
income
12 751
-
-
-
total
17 491
-
676
-
Employer
57 808
-
-
-
social contributions
81 510
-
11 616
-
total
81 510
-
11 616
-
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
99 001
34 069
12 292
26 876
After tax
-12 001
52 931
74 708
60 124
Living cost
40 317
40 317
40 317
40 317
Free-cash
-52 318
12 614
34 391
19 807

Estimated living cost  is ₽40317 per week

₽26159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16466
₽21426
₽20709
₽20524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income
-
-
-
7 998
social contributions

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

-
-
-
30 233
surtax
-
-
-
-
total
-
-
-
38 231
Employee
41 144
-
70 304
-
surtax
-
-
-
-
social contributions
4 526
-
7 733
-
income
8 558
-
18 045
-
total
13 084
-
25 778
-
Employer
41 144
-
70 304
-
social contributions
9 772
-
16 696
-
total
9 772
-
16 696
-
Corporate
36 084
87 000
-
-
income
7 578
18 270
-
-
surtax
-
-
-
-
total
7 578
18 270
-
-
Dividends
28 506
68 730
-
-
withholding
7 982
19 244
-
-
total
7 982
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 416
37 514
42 474
38 231
After tax
48 584
49 486
44 526
48 769
Living cost
28 060
28 060
28 060
28 060
Free-cash
20 524
21 426
16 466
20 709

Estimated living cost  is ₽28060 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6154
₽643
₽6959
₽6789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 938
pensions
-
-
-
22 239
social contributions
-
-
-
2 479
other
-
-
-
2 701
health
-
-
-
1 477
surtax
-
-
-
-
total
-
-
-
36 834
Employee
56 029
-
66 296
-
surtax
-
-
-
-
pensions
6 337
-
7 498
-
social contributions
1 596
-
1 889
-
income
4 889
-
7 547
-
total
12 822
-
16 934
-
Employer
56 029
-
66 296
-
other
1 934
-
2 287
-
health
3 922
-
4 641
-
unemployment
2 270
-
2 686
-
social contributions
168
-
199
-
pensions
9 206
-
10 892
-
total
17 500
-
20 705
-
Corporate
13 471
87 000
-
-
income
3 772
24 359
-
-
surtax
-
-
-
-
total
3 772
24 359
-
-
Dividends
9 699
62 641
-
-
withholding
1 241
8 018
-
-
surtax
-
-
-
-
social contributions
1 669
10 773
-
-
total
2 910
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 004
43 150
37 639
36 834
After tax
49 996
43 850
49 361
50 166
Living cost
43 207
43 207
43 207
43 207
Free-cash
6 789
643
6 154
6 959

Estimated living cost  is ₽43207 per week

₽29242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41927
₽51409
₽39612
₽48404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 356
social contributions
-
-
-
19 141
total
-
-
-
20 497
Employee
28 760
-
75 324
-
income
-
-
1 611
-
social contributions
1 869
-
4 896
-
total
1 869
-
6 507
-
Employer
28 760
-
75 324
-
social contributions
4 458
-
11 675
-
total
4 458
-
11 675
-
Corporate
53 782
87 000
-
-
income
5 378
8 700
-
-
total
5 378
8 700
-
-
Dividends
48 404
78 300
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
11 705
8 700
18 182
20 497
After tax
75 295
78 300
68 818
66 503
Living cost
26 891
26 891
26 891
26 891
Free-cash
48 404
51 409
41 927
39 612

Estimated living cost  is ₽26891 per week

₽17387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽107452
-₽107452
₽11115
-₽107452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
774
labour market
-
-
-
6 898
municipal
-
-
-
16 038
national
-
-
-
9 193
total
-
-
-
32 903
Employee
181 418
181 418
181 418
-
municipal
38 632
38 632
38 632
-
labour market
14 493
14 493
14 493
-
pensions
258
258
258
-
national
22 163
22 163
22 163
-
total
75 546
75 546
75 546
-
Employer
181 418
181 418
181 418
-
municipal
38 693
38 693
38 693
-
national
22 202
22 202
22 202
-
labour market
14 513
14 513
14 513
-
pensions
516
516
516
-
total
75 924
75 924
75 924
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
151 470
151 470
151 470
32 903
After tax
-64 470
-64 470
-64 470
54 097
Living cost
42 982
42 982
42 982
42 982
Free-cash
-107 452
-107 452
-107 452
11 115

Estimated living cost  is ₽42982 per week

₽29417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽661
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25311
-₽12402
₽40280
₽4064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 021
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
27 271
Employee
30 595
-
74 063
-
pensions
3 445
-
6 846
-
health
3 503
-
8 480
-
income
4 197
-
13 977
-
total
11 145
-
29 303
-
Employer
30 595
-
74 063
-
accident
511
-
1 237
-
unemployment
750
-
1 815
-
pensions
4 975
-
9 885
-
total
6 236
-
12 937
-
Corporate
50 170
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.

45 153
78 300
-
-
total
45 153
78 300
-
-
Dividends
5 017
8 700
-
-
withholding
953
1 653
-
-
total
953
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
63 487
79 953
42 240
27 271
After tax
23 513
7 047
44 760
59 729
Living cost
19 449
19 449
19 449
19 449
Free-cash
4 064
-12 402
25 311
40 280

Estimated living cost  is ₽19449 per week

₽14157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15483
₽23688
₽27710
₽21488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
966
municipal
-
-
-
15 486
national
-
-
-
8 493
total
-
-
-
24 945
Employee
47 066
-
73 190
-
unemployment
706
-
1 098
-
municipal
7 709
-
11 951
-
pensions
3 176
-
4 940
-
health
351
-
754
-
national
778
-
4 619
-
total
12 720
-
23 362
-
Employer
47 066
-
73 190
-
accident
48
-
73
-
health
362
-
564
-
unemployment
306
-
475
-
pensions
8 166
-
12 698
-
total
8 882
-
13 810
-
Corporate
31 054
87 000
-
-
income
6 210
17 401
-
-
total
6 210
17 401
-
-
Dividends

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

18 633
52 199
-
-
municipal
3 355
9 396
-
-
national
-
2 170
-
-
total
3 355
11 566
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 167
28 967
37 172
24 945
After tax
55 833
58 033
49 828
62 055
Living cost
34 345
34 345
34 345
34 345
Free-cash
21 488
23 688
15 483
27 710

Estimated living cost  is ₽34345 per week

₽22434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41253
₽42985
₽41339
₽38116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 157
social contributions
-
-
-
13 573
health
-
-
-
2 219
total
-
-
-
24 949
Employee
68 789
68 789
78 982
-
social contributions
2 601
5 709
6 556
-
health
533
1 170
1 343
-
income
7 490
6 368
9 118
-
total
10 624
13 247
17 017
-
Employer
68 789
68 789
78 982
-
health
579
1 273
1 462
-
social contributions
2 601
5 709
6 556
-
total
3 180
6 982
8 018
-
Corporate
52 484
11 228
-
-
income
6 561
1 404
-
-
total
6 561
1 404
-
-
Dividends
45 923
9 824
-
-
withholding
7 807
1 670
-
-
total
7 807
1 670
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 172
23 303
25 035
24 949
After tax
58 828
63 697
61 965
62 051
Living cost
20 712
20 712
20 712
20 712
Free-cash
38 116
42 985
41 253
41 339

Estimated living cost  is ₽20712 per week

₽12413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39467
₽57842
₽55576
₽53289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
87 000
income
-
-
-
8 269
pensions
-
-
-
5 690
unemployment
-
-
-
25
health
-
-
-
3 237
total
-
-
-
17 221
Employee

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

20 534
-
78 877
-
unemployment
102
-
394
-
pensions
3 080
-
11 831
-
health
1 745
-
6 704
-
income
1 404
-
6 278
-
total
6 331
-
25 207
-
Employer

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

20 534
-
78 877
-
health
883
-
3 392
-
unemployment
102
-
394
-
pensions
1 129
-
4 337
-
total
2 114
-
8 123
-
Corporate
64 353
87 000
-
-
income
5 792
7 830
-
-
total
5 792
7 830
-
-
Dividends
58 560
79 170
-
-
withholding
5 271
7 125
-
-
total
5 271
7 125
-
-
Income
87 000
87 000
87 000
87 000
Total tax
19 508
14 955
33 330
17 221
After tax
67 492
72 045
53 670
69 779
Living cost
14 203
14 203
14 203
14 203
Free-cash
53 289
57 842
39 467
55 576

Estimated living cost  is ₽14203 per week

₽9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21621
₽34024
₽21835
₽29331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 689
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
40 565
Employee
33 078
-
65 970
-
unemployment
513
-
1 022
-
pensions
1 555
-
3 100
-
other
32
-
66
-
income
6 377
-
15 561
-
total
8 477
-
19 749
-
Employer
33 078
-
65 970
-
accident
655
-
1 305
-
other
265
-
528
-
unemployment
1 820
-
3 628
-
pensions
7 806
-
15 569
-
total
10 546
-
21 030
-
Corporate
43 376
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.

6 507
13 050
-
-
total
6 507
13 050
-
-
Dividends
36 869
73 950
-
-
withholding
7 539
15 326
-
-
total
7 539
15 326
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 069
28 376
40 779
40 565
After tax
53 931
58 624
46 221
46 435
Living cost
24 600
24 600
24 600
24 600
Free-cash
29 331
34 024
21 621
21 835

Estimated living cost  is ₽24600 per week

₽16605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
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.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53916
₽52699
₽54028
₽52438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
29 384
pensions
-
-
-
1 159
health
-
-
-
840
total
-
-
-
31 383
Employee
2 420
-
85 696
-
unemployment
24
-
58
-
pensions
218
-
521
-
health
121
-
290
-
income
468
-
29 323
-
total
831
-
30 192
-
Employer
2 420
-
85 696
-
health
230
-
550
-
unemployment
48
-
116
-
pensions
266
-
637
-
total
544
-
1 303
-
Corporate
84 036
87 000
-
-
income
18 488
19 140
-
-
total
18 488
19 140
-
-
Dividends
65 548
67 860
-
-
withholding
13 110
13 572
-
-
total
13 110
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
32 973
32 712
31 495
31 383
After tax
54 027
54 288
55 505
55 617
Living cost
1 589
1 589
1 589
1 589
Free-cash
52 438
52 699
53 916
54 028

Estimated living cost  is ₽1589 per week

₽944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30302
₽47412
₽30302
₽43019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
income
-
-
-
16 304
pensions
-
-
-
17 161
unemployment
-
-
-
990
health
-
-
-
6 798
total
-
-
-
41 253
Employee

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

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

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

23 291
-
75 185
-
unemployment
175
-
495
-
pensions
3 261
-
9 241
-
health
1 199
-
3 399
-
income
3 210
-
16 304
-
total
7 845
-
29 439
-
Employer

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

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

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

23 291
-
75 185
-
health
1 199
-
3 399
-
unemployment
175
-
495
-
pensions
2 795
-
7 920
-
total
4 169
-
11 814
-
Corporate
59 540
87 000
-
-
income
8 931
13 050
-
-
total
8 931
13 050
-
-
Dividends
50 609
73 950
-
-
withholding
7 591
11 093
-
-
total
7 591
11 093
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 536
24 143
41 253
41 253
After tax
58 464
62 857
45 747
45 747
Living cost
15 445
15 445
15 445
15 445
Free-cash
43 019
47 412
30 302
30 302

Estimated living cost  is ₽15445 per week

₽10399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20409
₽25369
₽24652
₽25046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income
-
-
-
7 998
social contributions

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

-
-
-
30 233
surtax
-
-
-
-
total
-
-
-
38 231
Employee
34 721
-
70 304
-
surtax
-
-
-
-
social contributions
3 820
-
7 733
-
income
6 784
-
18 045
-
total
10 604
-
25 778
-
Employer
34 721
-
70 304
-
social contributions
8 245
-
16 696
-
total
8 245
-
16 696
-
Corporate
44 034
87 000
-
-
income
9 247
18 270
-
-
surtax
-
-
-
-
total
9 247
18 270
-
-
Dividends
34 787
68 730
-
-
withholding
9 741
19 244
-
-
total
9 741
19 244
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 837
37 514
42 474
38 231
After tax
49 163
49 486
44 526
48 769
Living cost
24 117
24 117
24 117
24 117
Free-cash
25 046
25 369
20 409
24 652

Estimated living cost  is ₽24117 per week

₽17082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽14781
₽27184
₽14995
₽20360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 689
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
40 565
Employee
43 204
-
65 970
-
unemployment
669
-
1 022
-
pensions
2 030
-
3 100
-
other
42
-
66
-
income
9 024
-
15 561
-
total
11 765
-
19 749
-
Employer
43 204
-
65 970
-
accident
856
-
1 305
-
other
346
-
528
-
unemployment
2 377
-
3 628
-
pensions
10 196
-
15 569
-
total
13 775
-
21 030
-
Corporate
30 021
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.

4 504
13 050
-
-
total
4 504
13 050
-
-
Dividends
25 517
73 950
-
-
withholding
5 156
15 326
-
-
total
5 156
15 326
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 200
28 376
40 779
40 565
After tax
51 800
58 624
46 221
46 435
Living cost
31 440
31 440
31 440
31 440
Free-cash
20 360
27 184
14 781
14 995

Estimated living cost  is ₽31440 per week

₽22579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
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.
₽5974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52594
₽58829
₽49961
₽53319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
pensions

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

-
-
-
4 675
unemployment
-
-
-
126
health
-
-
-
3 632
total
-
-
-
21 483
Employee
20 598
-
80 803
-
pensions

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

1 808
-
2 773
-
health
948
-
1 453
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
income
2 060
-
8 080
-
total
5 042
-
12 653
-
Employer
20 598
-
80 803
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
health
1 421
-
2 179
-
unemployment
124
-
190
-
pensions

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

2 270
-
3 481
-
total
4 041
-
6 197
-
Corporate
62 361
87 000
-
-
income
6 236
8 700
-
-
total
6 236
8 700
-
-
Dividends
56 125
78 300
-
-
withholding
2 806
3 915
-
-
total
2 806
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 125
12 615
18 850
21 483
After tax
68 875
74 385
68 150
65 517
Living cost
15 556
15 556
15 556
15 556
Free-cash
53 319
58 829
52 594
49 961

Estimated living cost  is ₽15556 per week

₽10288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27697
₽10354
₽21181
₽22054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
17 681
trade
-
-
-
6 516
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.

-
-
-
6 112
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.

-
-
-
973
total
-
-
-
31 282
Employee

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

44 511
-
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.

202
-
973
-
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.

6 112
-
6 112
-
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.

3 660
-
17 681
-
total
9 974
-
24 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 489
87 000
-
-
income
6 373
13 050
-
-
trade
6 098
12 484
-
-
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.

350
718
-
-
chamber of commerce
199
263
-
-
total
13 020
26 515
-
-
Dividends
29 470
60 485
-
-
withholding
7 028
14 781
-
-
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.

387
813
-
-
total
7 415
15 594
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 409
42 109
24 766
31 282
After tax
56 591
44 891
62 234
55 718
Living cost
34 537
34 537
34 537
34 537
Free-cash
22 054
10 354
27 697
21 181

Estimated living cost  is ₽34537 per week

₽23825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8342
₽9942
₽8342
₽11917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 013
social contributions
-
-
-
7 686
total
-
-
-
27 699
Employee
69 976
-
87 000
-
income
13 204
-
20 013
-
social contributions
5 814
-
7 686
-
total
19 018
-
27 699
-
Employer
69 976
-
87 000
-
total
-
-
-
-
Corporate
17 024
87 000
-
-
income
2 127
10 875
-
-
total
2 127
10 875
-
-
Dividends
14 897
76 125
-
-
withholding
2 979
15 224
-
-
total
2 979
15 224
-
-
Income
87 000
87 000
87 000
87 000
Total tax
24 124
26 099
27 699
27 699
After tax
62 876
60 901
59 301
59 301
Living cost
50 959
50 959
50 959
50 959
Free-cash
11 917
9 942
8 342
8 342

Estimated living cost  is ₽50959 per week

₽38769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31382
₽19349
₽23479
₽23121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 465
health

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

-
-
-
5 582
total
-
-
-
31 047
Employee
41 038
-
82 885
-
income
4 453
-
14 914
-
social contributions
4 112
-
4 115
-
total
8 565
-
19 029
-
Employer
41 038
-
82 885
-
social contributions
4 112
-
4 115
-
total
4 112
-
4 115
-
Corporate
41 850
87 000
-
-
income
14 647
30 451
-
-
total
14 647
30 451
-
-
Dividends
27 203
56 549
-
-
social contributions
4 081
4 726
-
-
total
4 081
4 726
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 405
35 177
23 144
31 047
After tax
55 595
51 823
63 856
55 953
Living cost
32 474
32 474
32 474
32 474
Free-cash
23 121
19 349
31 382
23 479

Estimated living cost  is ₽32474 per week

₽21390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21170
₽31239
₽29845
₽26688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 409
pensions
-
-
-
6 327
total
-
-
-
23 736
Employee
45 873
-
76 661
-
pensions
3 501
-
7 197
-
health
598
-
1 229
-
income
8 354
-
13 646
-
total
12 453
-
22 072
-
Employer
45 873
-
76 661
-
health
872
-
1 456
-
pensions
4 635
-
8 883
-
total
5 507
-
10 339
-
Corporate
35 621
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.

6 769
16 529
-
-
total
6 769
16 529
-
-
Dividends
28 852
70 471
-
-
withholding
2 164
5 813
-
-
total
2 164
5 813
-
-
Income
87 000
87 000
87 000
87 000
Total tax
26 893
22 342
32 411
23 736
After tax
60 107
64 658
54 589
63 264
Living cost
33 420
33 420
33 420
33 420
Free-cash
26 688
31 239
21 170
29 845

Estimated living cost  is ₽33420 per week

₽22926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23386
-₽14328
₽38355
₽3769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 021
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
27 271
Employee
33 623
-
74 063
-
pensions
3 786
-
6 846
-
health
3 850
-
8 480
-
income
4 613
-
13 977
-
total
12 249
-
29 303
-
Employer
33 623
-
74 063
-
accident
561
-
1 237
-
unemployment
824
-
1 815
-
pensions
5 467
-
9 885
-
total
6 852
-
12 937
-
Corporate
46 525
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.

41 872
78 300
-
-
total
41 872
78 300
-
-
Dividends
4 653
8 700
-
-
withholding
884
1 653
-
-
total
884
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
61 857
79 953
42 240
27 271
After tax
25 143
7 047
44 760
59 729
Living cost
21 374
21 374
21 374
21 374
Free-cash
3 769
-14 328
23 386
38 355

Estimated living cost  is ₽21374 per week

₽15686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
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.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42011
₽61145
₽37729
₽57539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 280
pensions
-
-
-
16 008
unemployment
-
-
-
1 044
health insurance
-
-
-
6 438
work injury
-
-
-
435
total
-
-
-
37 205
Employee

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

19 306
-
87 000
-
unemployment
232
-
857
-
work injury
97
-
357
-
pensions
3 552
-
13 143
-
health insurance
1 429
-
5 286
-
income
1 931
-
13 280
-
total
7 241
-
32 923
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 694
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
67 694
86 130
-
-
withholding
10 154
12 919
-
-
total
10 154
12 919
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 395
13 789
32 923
37 205
After tax
69 605
73 211
54 077
49 795
Living cost
12 066
12 066
12 066
12 066
Free-cash
57 539
61 145
42 011
37 729

Estimated living cost  is ₽12066 per week

₽7475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4402
₽10190
₽8379
₽6119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 715
social contributions
-
-
-
22 377
municipal
-
-
-
582
national
-
-
-
18 309
total
-
-
-
42 983
Employee
75 383
-
87 000
-
municipal
450
-
519
-
social contributions
25 419
-
29 337
-
regional
1 138
-
1 440
-
national
12 739
-
15 664
-
total
39 746
-
46 960
-
Employer
75 383
-
87 000
-
total
-
-
-
-
Corporate
11 617
87 000
-
-
nationa
2 788
20 879
-
-
municipal
560
4 193
-
-
total
3 348
25 072
-
-
Dividends
8 269
61 928
-
-
withholding
2 149
16 100
-
-
total
2 149
16 100
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 243
41 172
46 960
42 983
After tax
41 757
45 828
40 040
44 017
Living cost
35 638
35 638
35 638
35 638
Free-cash
6 119
10 190
4 402
8 379

Estimated living cost  is ₽35638 per week

₽25033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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