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
₽25901
₽34236
₽15481
₽27430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
health

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

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

-
-
-
6 434
trade
-
-
-
6 806
income

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

-
-
-
16 875
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.

-
-
-
928
total
-
-
-
31 043
Employee

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

36 022
-
87 000
-
health

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

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

6 434
-
6 434
-
income

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

1 006
-
16 875
-
surtax

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

55
-
928
-
total
7 495
-
24 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 978
87 000
-
-
income
7 646
13 051
-
-
chamber of commerce
216
268
-
-
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.

420
718
-
-
trade
8 028
13 703
-
-
total
16 310
27 740
-
-
Dividends
34 667
59 260
-
-
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.

458
795
-
-
withholding
8 309
14 457
-
-
total
8 767
15 252
-
-
Income
87 000
87 000
87 000
87 000
Total tax
32 572
42 992
24 237
31 043
After tax
54 428
44 008
62 763
55 957
Living cost
28 527
28 527
28 527
28 527
Free-cash
25 901
15 481
34 236
27 430

Estimated living cost  is ₽28527 per week

₽17944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3326
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.
₽6724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4173
₽4525
₽5302
₽3842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
935
municipal
-
-
-
8 941
pensions
-
-
-
10 440
national
-
-
-
13 856
total
-
-
-
34 172
Employee
75 937
-
75 211
-
pensions
3 037
-
3 008
-
municipal
9 379
-
9 278
-
national
14 534
-
14 377
-
total
26 950
-
26 663
-
Employer
75 937
-
75 211
-
pensions
6 075
-
6 017
-
social contributions
816
-
809
-
total
6 891
-
6 826
-
Corporate
-
87 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
17 400
-
-
total
-
17 400
-
-
Dividends
-
69 600
-
-
withholding
-
15 312
-
-
total
-
15 312
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 841
32 712
33 489
34 172
After tax
53 159
54 288
53 511
52 828
Living cost
48 986
48 986
48 986
48 986
Free-cash
4 173
5 302
4 525
3 842

Estimated living cost  is ₽48986 per week

₽33295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42280
₽29525
₽50005
₽26932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
social contributions

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

-
-
-
27 971
income
-
-
-
12 503
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
40 474
Employee
27 520
-
70 110
-
social contributions

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

3 028
-
7 712
-
income
4 899
-
13 279
-
surtax
-
-
-
-
total
7 927
-
20 991
-
Employer
27 520
-
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.

6 629
-
16 890
-
total
6 629
-
16 890
-
Corporate
52 851
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%.

10 570
17 401
-
-
total
10 570
17 401
-
-
Dividends

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

42 281
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
25 126
17 401
37 881
40 474
After tax
61 874
69 599
49 119
46 526
Living cost
19 594
19 594
19 594
19 594
Free-cash
42 280
50 005
29 525
26 932

Estimated living cost  is ₽19594 per week

₽12500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6525
-₽6525
-₽1238
₽9967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
10 875
income
-
-
-
15 669
pensions
-
-
-
11 035
total
-
-
-
37 579
Employee
80 427
80 427
80 427
-
pensions
14 477
11 035
14 477
-
health
12 345
10 500
12 345
-
income

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

13 165
13 165
13 165
-
total
39 987
34 700
39 987
-
Employer
80 427
80 427
80 427
-
pensions
5 598
5 598
5 598
-
health
5 591
5 591
5 591
-
unemployment
2 895
2 895
2 895
-
total
14 084
14 084
14 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
54 071
48 784
54 071
37 579
After tax
32 929
38 216
32 929
49 421
Living cost
39 454
39 454
39 454
39 454
Free-cash
-6 525
-1 238
-6 525
9 967

Estimated living cost  is ₽39454 per week

₽27960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7865
₽7692
₽8734
₽5014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
170
health
-
-
-
5 302
municipal
-
-
-
18 603
pensions
-
-
-
9 185
other
-
-
-
9 873
unemployment
-
-
-
85
national
-
-
-
-
total
-
-
-
43 218
Employee
55 241
-
66 200
-
municipal
16 473
-
19 741
-
national
-
-
-
-
total
16 473
-
19 741
-
Employer
55 241
-
66 200
-
pensions
5 971
-
7 156
-
other
6 419
-
7 692
-
health
3 397
-
4 071
-
unemployment
1 458
-
1 748
-
accident
111
-
132
-
total
17 356
-
20 799
-
Corporate
14 402
87 000
-
-
income
3 168
19 140
-
-
total
3 168
19 140
-
-
Dividends
11 233
67 860
-
-
withholding
3 370
20 358
-
-
total
3 370
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 367
39 498
40 540
43 218
After tax
46 633
47 502
46 460
43 782
Living cost
38 768
38 768
38 768
38 768
Free-cash
7 865
8 734
7 692
5 014

Estimated living cost  is ₽38768 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19798
₽25765
₽6565
₽18657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
health

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

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

-
-
-
6 434
trade
-
-
-
7 108
income

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

-
-
-
16 875
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.

-
-
-
928
total
-
-
-
31 345
Employee

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

47 761
-
87 000
-
health

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

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

6 434
-
6 434
-
income

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

4 104
-
16 875
-
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.

225
-
928
-
total
10 763
-
24 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 239
87 000
-
-
income
5 885
13 051
-
-
chamber of commerce
198
266
-
-
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.

323
718
-
-
trade
6 456
14 311
-
-
total
12 862
28 346
-
-
Dividends
26 376
58 654
-
-
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
786
-
-
withholding
6 236
14 305
-
-
total
6 579
15 091
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 204
43 437
24 237
31 345
After tax
56 796
43 563
62 763
55 655
Living cost
36 998
36 998
36 998
36 998
Free-cash
19 798
6 565
25 765
18 657

Estimated living cost  is ₽36998 per week

₽24745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29272
₽32061
₽33175
₽32149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
13 572
health
-
-
-
2 218
income
-
-
-
8 513
total
-
-
-
24 303
Employee
72 421
72 421
78 982
-
health
720
1 231
1 342
-
social contributions
3 519
6 011
6 556
-
income
7 605
6 704
8 475
-
total
11 844
13 946
16 373
-
Employer
72 421
72 421
78 982
-
health
785
1 340
1 462
-
social contributions
3 519
6 011
6 556
-
total
4 304
7 351
8 018
-
Corporate
40 304
7 228
-
-
income
5 038
904
-
-
total
5 038
904
-
-
Dividends
35 266
6 324
-
-
withholding
5 994
1 076
-
-
total
5 994
1 076
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 180
23 277
24 391
24 303
After tax
59 820
63 723
62 609
62 697
Living cost
30 548
30 548
30 548
30 548
Free-cash
29 272
33 175
32 061
32 149

Estimated living cost  is ₽30548 per week

₽20882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32004
₽33035
₽31643
₽42869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 118
9 997
72 803
-
unemployment
377
150
1 092
-
pensions
2 512
1 000
7 280
-
health
1 758
700
5 096
-
income
3 071
1 222
8 900
-
total
7 718
3 072
22 368
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 118
9 997
72 803
-
pensions
4 898
1 949
14 197
-
total
4 898
1 949
14 197
-
Corporate
56 984
75 054
-
-
income
5 129
6 755
-
-
total
5 129
6 755
-
-
Dividends
51 856
68 299
-
-
social contributions
9 998
13 204
-
-
withholding
9 853
12 977
-
-
total
19 851
26 181
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 596
37 957
36 565
26 731
After tax
49 404
49 043
50 435
60 269
Living cost
17 400
17 400
17 400
17 400
Free-cash
32 004
31 643
33 035
42 869

Estimated living cost  is ₽17400 per week

₽11874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41002
₽27397
₽46851
₽23885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
11 310
income
-
-
-
11 658
pensions
-
-
-
17 399
total
-
-
-
40 367
Employee
26 718
-
65 022
-
unemployment
427
-
1 040
-
pensions
534
-
1 301
-
income
3 008
-
12 536
-
total
3 969
-
14 877
-
Employer
26 718
-
65 022
-
pensions
5 344
-
13 004
-
health
3 473
-
8 454
-
unemployment
214
-
520
-
total
9 031
-
21 978
-
Corporate
51 251
87 000
-
-
income
10 250
17 401
-
-
total
10 250
17 401
-
-
Dividends
41 001
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 250
17 401
36 855
40 367
After tax
63 750
69 599
50 145
46 633
Living cost
22 748
22 748
22 748
22 748
Free-cash
41 002
46 851
27 397
23 885

Estimated living cost  is ₽22748 per week

₽15603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3831
₽23455
-₽13915
₽38803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
20 599
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
27 235
Employee
32 974
-
73 476
-
pensions
3 713
-
7 269
-
health
3 775
-
8 413
-
income
4 524
-
13 377
-
total
12 012
-
29 059
-
Employer
32 974
-
73 476
-
pensions
5 362
-
10 497
-
unemployment
808
-
1 800
-
accident
550
-
1 227
-
total
6 720
-
13 524
-
Corporate
47 306
87 000
-
-
income

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

42 576
78 300
-
-
total
42 576
78 300
-
-
Dividends
4 731
8 700
-
-
withholding
899
1 653
-
-
total
899
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 207
79 953
42 583
27 235
After tax
24 793
7 047
44 417
59 765
Living cost
20 962
20 962
20 962
20 962
Free-cash
3 831
-13 915
23 455
38 803

Estimated living cost  is ₽20962 per week

₽15363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73409
₽61818
₽74868
₽78348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 727
-
87 000
-
income
1 945
-
17 400
-
total
1 945
-
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%.

77 273
87 000
-
-
total
-
-
-
-
Dividends
77 273
87 000
-
-
withholding
3 864
4 350
-
-
total
3 864
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
5 809
4 350
17 400
870
After tax
81 191
82 650
69 600
86 130
Living cost
7 782
7 782
7 782
7 782
Free-cash
73 409
74 868
61 818
78 348

Estimated living cost  is ₽7782 per week

₽4823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32466
₽25904
₽38825
₽22013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
3 828
income
-
-
-
11 051
pensions

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

-
-
-
20 881
other
-
-
-
4 132
total
-
-
-
39 892
Employee
34 196
-
69 490
-
unemployment
341
-
695
-
pensions

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

2 393
-
4 863
-
health
479
-
972
-
income
5 887
-
11 962
-
total
9 100
-
18 492
-
Employer
34 196
-
69 490
-
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.

5 814
-
11 812
-
other
1 710
-
3 474
-
health
479
-
972
-
unemployment
341
-
695
-
accident
273
-
556
-
total
8 617
-
17 509
-
Corporate
44 186
87 000
-
-
income
9 279
18 269
-
-
total
9 279
18 269
-
-
Dividends
34 906
68 731
-
-
withholding
2 443
4 811
-
-
total
2 443
4 811
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 439
23 080
36 001
39 892
After tax
57 561
63 920
50 999
47 108
Living cost
25 095
25 095
25 095
25 095
Free-cash
32 466
38 825
25 904
22 013

Estimated living cost  is ₽25095 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12565
-₽7216
₽3257
₽1825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 001
pensions
-
-
-
6 285
total
-
-
-
23 286
Employee
87 564
-
76 702
-
pensions
8 447
-
7 143
-
health
1 443
-
1 221
-
income
15 784
-
13 667
-
total
25 674
-
22 031
-
Employer
87 564
-
76 702
-
pensions
10 339
-
8 839
-
health
1 663
-
1 457
-
total
12 002
-
10 296
-
Corporate
-
87 000
-
-
income

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

-
16 530
-
-
total
-
16 530
-
-
Dividends
-
70 470
-
-
withholding
-
5 324
-
-
total
-
5 324
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 676
21 854
32 327
23 286
After tax
49 324
65 146
54 673
63 714
Living cost
61 889
61 889
61 889
61 889
Free-cash
-12 565
3 257
-7 216
1 825

Estimated living cost  is ₽61889 per week

₽46375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57653
₽55368
₽62030
₽52807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
3 785
income
-
-
-
13 050
pensions

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

-
-
-
4 871
unemployment
-
-
-
132
total
-
-
-
21 838
Employee
16 359
-
80 542
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 890
-
health
752
-
1 514
-
income
1 636
-
8 054
-
total
4 004
-
12 820
-
Employer
16 359
-
80 542
-
pensions

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

1 803
-
3 627
-
health
1 129
-
2 271
-
unemployment
98
-
197
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 210
-
6 457
-
Corporate
67 431
87 000
-
-
income
6 743
8 700
-
-
total
6 743
8 700
-
-
Dividends
60 688
78 300
-
-
withholding
3 035
3 915
-
-
total
3 035
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
16 992
12 615
19 277
21 838
After tax
70 008
74 385
67 723
65 162
Living cost
12 355
12 355
12 355
12 355
Free-cash
57 653
62 030
55 368
52 807

Estimated living cost  is ₽12355 per week

₽7213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15607
-₽19296
-₽14009
-₽2804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
10 875
income
-
-
-
15 669
pensions
-
-
-
11 035
total
-
-
-
37 579
Employee
87 318
80 427
80 427
-
pensions
11 035
11 035
14 477
-
health
10 893
10 500
12 345
-
income

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

13 165
13 165
13 165
-
total
35 093
34 700
39 987
-
Employer
87 318
80 427
80 427
-
pensions
6 077
5 598
5 598
-
health
6 068
5 591
5 591
-
unemployment
3 144
2 895
2 895
-
total
15 289
14 084
14 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
50 382
48 784
54 071
37 579
After tax
36 618
38 216
32 929
49 421
Living cost
52 225
52 225
52 225
52 225
Free-cash
-15 607
-14 009
-19 296
-2 804

Estimated living cost  is ₽52225 per week

₽38524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28163
₽20759
₽36508
₽18982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
25 404
health
-
-
-
11 745
income
-
-
-
7 478
solidarity contribution
-
-
-
-
total
-
-
-
44 627
Employee
34 399
-
64 925
-
solidarity contribution
-
-
-
-
health
4 644
-
8 765
-
social contributions
2 236
-
4 220
-
income
4 128
-
7 791
-
total
11 008
-
20 776
-
Employer
34 399
-
64 925
-
health
3 096
-
5 843
-
social contributions
8 600
-
16 231
-
total
11 696
-
22 074
-
Corporate
40 906
87 000
-
-
income
7 772
16 530
-
-
total
7 772
16 530
-
-
Dividends
33 134
70 470
-
-
withholding
4 970
10 571
-
-
total
4 970
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 446
27 101
42 850
44 627
After tax
51 554
59 899
44 150
42 373
Living cost
23 391
23 391
23 391
23 391
Free-cash
28 163
36 508
20 759
18 982

Estimated living cost  is ₽23391 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1759
₽1300
₽6677
₽5438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 377
municipal
-
-
-
517
regional
-
-
-
947
national
-
-
-
17 980
total
-
-
-
41 821
Employee
83 702
-
87 000
-
regional
790
-
827
-
municipal
443
-
461
-
national
14 504
-
15 335
-
social contributions
28 224
-
29 336
-
total
43 961
-
45 959
-
Employer
83 702
-
87 000
-
total
-
-
-
-
Corporate
3 298
87 000
-
-
municipal
129
3 392
-
-
nationa
792
20 881
-
-
total
921
24 273
-
-
Dividends
2 377
62 727
-
-
withholding
618
16 309
-
-
total
618
16 309
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 500
40 582
45 959
41 821
After tax
41 500
46 418
41 041
45 179
Living cost
39 741
39 741
39 741
39 741
Free-cash
1 759
6 677
1 300
5 438

Estimated living cost  is ₽39741 per week

₽27703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31007
₽23036
₽33940
₽24713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
6 177
income
-
-
-
15 880
surtax
-
-
-
1 832
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
41 504
Employee
31 145
-
71 871
-
unemployment
2 168
-
5 003
-
pensions
2 077
-
4 793
-
health
795
-
1 834
-
income
5 221
-
14 782
-
other
-
-
-
-
surtax
102
-
1 639
-
total
10 363
-
28 051
-
Employer
31 145
-
71 871
-
pensions
4 152
-
9 580
-
other
-
-
-
-
health
1 417
-
3 271
-
unemployment
987
-
2 279
-
total
6 556
-
15 130
-
Corporate
49 299
87 000
-
-
income
12 818
22 620
-
-
total
12 818
22 620
-
-
Dividends
36 481
64 380
-
-
withholding
5 473
9 657
-
-
total
5 473
9 657
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 210
32 277
43 181
41 504
After tax
51 790
54 723
43 819
45 496
Living cost
20 783
20 783
20 783
20 783
Free-cash
31 007
33 940
23 036
24 713

Estimated living cost  is ₽20783 per week

₽12707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15622
₽12392
₽22865
₽21433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 001
pensions
-
-
-
6 285
total
-
-
-
23 286
Employee
58 683
-
76 702
-
pensions
4 981
-
7 143
-
health
852
-
1 221
-
income
10 569
-
13 667
-
total
16 402
-
22 031
-
Employer
58 683
-
76 702
-
pensions
6 352
-
8 839
-
health
1 115
-
1 457
-
total
7 467
-
10 296
-
Corporate
20 850
87 000
-
-
income

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

3 962
16 530
-
-
total
3 962
16 530
-
-
Dividends
16 888
70 470
-
-
withholding
1 266
5 324
-
-
total
1 266
5 324
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 097
21 854
32 327
23 286
After tax
57 903
65 146
54 673
63 714
Living cost
42 281
42 281
42 281
42 281
Free-cash
15 622
22 865
12 392
21 433

Estimated living cost  is ₽42281 per week

₽31677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8850
-₽6290
-₽34998
-₽1828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
244
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
regional
-
-
-
2 747
city
-
-
-
916
national
-
-
-
397
total
-
-
-
14 047
Employee
87 513
-
77 869
-
unemployment
-
-
-
-
pensions
7 352
-
6 542
-
regional
2 866
-
2 343
-
national
414
-
337
-
health
198
-
175
-
city
939
-
837
-
total
11 769
-
10 234
-
Employer
87 513
-
77 869
-
pensions
7 352
-
6 542
-
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.

1 750
-
1 558
-
health
198
-
175
-
unemployment
-
-
-
-
total
9 300
-
8 275
-
Corporate
-
87 000
-
-
regional
-
18 400
-
-
national
-
7 394
-
-
total
-
25 794
-
-
Dividends
-
61 206
-
-
withholding
-
21 423
-
-
total
-
21 423
-
-
Income
87 000
87 000
87 000
87 000
Total tax
21 069
47 217
18 509
14 047
After tax
65 931
39 783
68 491
72 953
Living cost
74 781
74 781
74 781
74 781
Free-cash
-8 850
-34 998
-6 290
-1 828

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15244
₽19618
-₽32
₽12208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
health

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

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

-
-
-
6 434
trade
-
-
-
7 410
income

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

-
-
-
16 875
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.

-
-
-
928
total
-
-
-
31 647
Employee

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

56 601
-
87 000
-
health

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

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

6 434
-
6 434
-
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.

6 656
-
16 875
-
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.

366
-
928
-
total
13 456
-
24 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 399
87 000
-
-
income
4 559
13 051
-
-
chamber of commerce
186
266
-
-
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.

250
718
-
-
trade
5 213
14 920
-
-
total
10 208
28 955
-
-
Dividends
20 190
58 045
-
-
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.

257
779
-
-
withholding
4 690
14 153
-
-
total
4 947
14 932
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 611
43 887
24 237
31 647
After tax
58 389
43 113
62 763
55 353
Living cost
43 145
43 145
43 145
43 145
Free-cash
15 244
-32
19 618
12 208

Estimated living cost  is ₽43145 per week

₽31511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17188
₽17652
₽11626
₽18080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
2 479
health
-
-
-
1 217
income
-
-
-
7 270
surtax
-
-
-
-
pensions
-
-
-
23 033
other
-
-
-
2 699
total
-
-
-
36 698
Employee
40 308
-
66 295
-
pensions
4 558
-
7 496
-
social contributions
1 149
-
1 889
-
income
2 379
-
7 039
-
surtax
-
-
-
-
total
8 086
-
16 424
-
Employer
40 308
-
66 295
-
pensions
6 622
-
10 892
-
other
1 390
-
2 288
-
health
2 822
-
4 640
-
unemployment
1 632
-
2 684
-
social contributions
122
-
198
-
total
12 588
-
20 702
-
Corporate
34 104
87 000
-
-
income
9 549
24 360
-
-
surtax
-
-
-
-
total
9 549
24 360
-
-
Dividends
24 555
62 640
-
-
surtax
-
-
-
-
social contributions
4 223
10 774
-
-
withholding
3 144
8 018
-
-
total
7 367
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 590
43 152
37 126
36 698
After tax
49 410
43 848
49 874
50 302
Living cost
32 222
32 222
32 222
32 222
Free-cash
17 188
11 626
17 652
18 080

Estimated living cost  is ₽32222 per week

₽20318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20051
₽20844
₽14818
₽21272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
2 479
health
-
-
-
1 217
income
-
-
-
7 270
surtax
-
-
-
-
pensions
-
-
-
23 033
other
-
-
-
2 699
total
-
-
-
36 698
Employee
35 981
-
66 295
-
pensions
4 070
-
7 496
-
social contributions
1 026
-
1 889
-
income
1 855
-
7 039
-
surtax
-
-
-
-
total
6 951
-
16 424
-
Employer
35 981
-
66 295
-
pensions
5 912
-
10 892
-
other
1 242
-
2 288
-
health
2 518
-
4 640
-
unemployment
1 457
-
2 684
-
social contributions
107
-
198
-
total
11 236
-
20 702
-
Corporate
39 783
87 000
-
-
income
11 140
24 360
-
-
surtax
-
-
-
-
total
11 140
24 360
-
-
Dividends
28 643
62 640
-
-
surtax
-
-
-
-
social contributions
4 926
10 774
-
-
withholding
3 666
8 018
-
-
total
8 592
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 919
43 152
37 126
36 698
After tax
49 081
43 848
49 874
50 302
Living cost
29 030
29 030
29 030
29 030
Free-cash
20 051
14 818
20 844
21 272

Estimated living cost  is ₽29030 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33597
₽36422
₽33106
₽35898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
12 007
health
-
-
-
6 073
income
-
-
-
13 051
total
-
-
-
31 131
Employee
31 933
-
87 000
-
health
2 229
-
6 073
-
social contributions
4 407
-
12 007
-
income
5 326
-
12 527
-
total
11 962
-
30 607
-
Employer
31 933
-
87 000
-
total
-
-
-
-
Corporate
55 067
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%.

2 754
4 350
-
-
total
2 754
4 350
-
-
Dividends
52 313
82 650
-
-
health
3 651
5 769
-
-
social contributions
7 219
11 406
-
-
withholding
7 846
12 398
-
-
total
18 716
29 573
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 432
33 923
30 607
31 131
After tax
53 568
53 077
56 393
55 869
Living cost
19 971
19 971
19 971
19 971
Free-cash
33 597
33 106
36 422
35 898

Estimated living cost  is ₽19971 per week

₽13365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14248
-₽5794
₽15705
₽11454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
6 656
surtax
-
-
-
186
income
-
-
-
13 299
chamber of commerce
-
-
-
349
pensions
-
-
-
16 094
unemployment
-
-
-
5 776
total
-
-
-
42 360
Employee
47 067
37 533
67 410
-
unemployment
1 412
1 126
2 023
-
pensions
4 820
3 843
6 902
-
health
1 821
1 453
2 609
-
income
5 358
2 768
11 853
-
other
470
375
674
-
total
13 881
9 565
24 061
-
Employer
47 067
37 533
67 410
-
chamber of commerce
188
150
270
-
pensions
5 907
4 711
8 459
-
other
2 236
1 782
3 203
-
health
1 778
1 419
2 549
-
unemployment
1 412
1 126
2 023
-
accident
611
488
876
-
surtax
186
186
186
-
payroll
1 412
1 126
2 023
-
total
13 730
10 988
19 589
-
Corporate
26 203
38 479
63 837
-
income

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

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

6 550
9 619
15 958
-
total
6 550
9 619
15 958
-
Dividends
19 652
28 860
-
-
withholding
5 405
7 937
-
-
total
5 405
7 937
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 566
38 109
59 608
42 360
After tax
47 434
48 891
27 392
44 640
Living cost
33 186
33 186
33 186
33 186
Free-cash
14 248
15 705
-5 794
11 454

Estimated living cost  is ₽33186 per week

₽22133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16
₽7
₽14478
₽7399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
13 185
communal

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

-
-
-
4 429
national
-
-
-
27 647
total
-
-
-
45 261
Employee

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

67 368
-
67 385
-
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.

586
-
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.

5 053
-
5 054
-
national
20 712
-
20 717
-
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.

3 165
-
3 167
-
communal

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

3 514
-
3 514
-
total
33 030
-
33 038
-
Employer

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

67 368
-
67 385
-
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.

5 969
-
5 969
-
health

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

4 143
-
4 145
-
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.

983
-
983
-
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.

876
-
876
-
surtax
7 639
-
7 642
-
total
19 610
-
19 615
-
Corporate
22
87 000
-
-
income
4
17 401
-
-
surtax
-
349
-
-
total
4
17 750
-
-
Dividends
18
69 251
-
-
withholding

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

-
20 432
-
-
total
-
20 432
-
-
Income
87 000
87 000
87 000
87 000
Total tax
52 644
38 182
52 653
45 261
After tax
34 356
48 818
34 347
41 739
Living cost
34 340
34 340
34 340
34 340
Free-cash
16
14 478
7
7 399

Estimated living cost  is ₽34340 per week

₽22119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
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.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17119
₽12513
₽24621
₽11895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 991
pensions
-
-
-
24 621
other
-
-
-
88
unemployment
-
-
-
609
total
-
-
-
41 092
Employee
46 881
-
65 969
-
unemployment
727
-
1 022
-
pensions
2 204
-
3 101
-
income
9 892
-
15 255
-
other
46
-
66
-
total
12 869
-
19 444
-
Employer
46 881
-
65 969
-
pensions
11 063
-
15 569
-
other
374
-
527
-
unemployment
2 579
-
3 628
-
accident
928
-
1 306
-
total
14 944
-
21 030
-
Corporate
25 176
87 000
-
-
income

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

3 776
13 051
-
-
total
3 776
13 051
-
-
Dividends
21 399
73 949
-
-
withholding
4 279
15 315
-
-
total
4 279
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 868
28 366
40 474
41 092
After tax
51 132
58 634
46 526
45 908
Living cost
34 013
34 013
34 013
34 013
Free-cash
17 119
24 621
12 513
11 895

Estimated living cost  is ₽34013 per week

₽25047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3796
₽3573
₽2277
-₽536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
733
health
-
-
-
6 112
income
-
-
-
6 658
surtax
-
-
-
4 313
pensions
-
-
-
13 040
communal
-
-
-
5 498
total
-
-
-
36 354
Employee
71 323
-
77 712
-
pensions
5 705
-
6 216
-
health
3 174
-
3 458
-
income
6 889
-
8 523
-
surtax
4 372
-
4 763
-
total
20 140
-
22 960
-
Employer
71 323
-
77 712
-
pensions
5 705
-
6 216
-
health
2 175
-
2 370
-
accident
642
-
699
-
total
8 522
-
9 285
-
Corporate
7 156
87 000
-
-
income
1 074
13 051
-
-
communal
-
5 873
-
-
surtax
75
913
-
-
total
1 149
19 837
-
-
Dividends
6 007
67 163
-
-
income
8 902
3 629
-
-
withholding
901
10 075
-
-
total
9 803
13 704
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 614
33 541
32 245
36 354
After tax
47 386
53 459
54 755
50 646
Living cost
51 182
51 182
51 182
51 182
Free-cash
-3 796
2 277
3 573
-536

Estimated living cost  is ₽51182 per week

₽38394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30572
₽22665
₽33569
₽24342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
6 177
income
-
-
-
15 880
surtax
-
-
-
1 832
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
41 504
Employee
31 717
-
71 871
-
unemployment
2 207
-
5 003
-
pensions
2 116
-
4 793
-
health
810
-
1 834
-
income
5 317
-
14 782
-
other
-
-
-
-
surtax
113
-
1 639
-
total
10 563
-
28 051
-
Employer
31 717
-
71 871
-
pensions
4 229
-
9 580
-
other
-
-
-
-
health
1 442
-
3 271
-
unemployment
1 006
-
2 279
-
total
6 677
-
15 130
-
Corporate
48 606
87 000
-
-
income
12 638
22 620
-
-
total
12 638
22 620
-
-
Dividends
35 968
64 380
-
-
withholding
5 396
9 657
-
-
total
5 396
9 657
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 274
32 277
43 181
41 504
After tax
51 726
54 723
43 819
45 496
Living cost
21 154
21 154
21 154
21 154
Free-cash
30 572
33 569
22 665
24 342

Estimated living cost  is ₽21154 per week

₽12772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18269
₽15327
₽20359
₽19443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 377
municipal
-
-
-
517
regional
-
-
-
1 313
national
-
-
-
17 980
total
-
-
-
42 187
Employee
52 244
-
87 000
-
regional
703
-
1 171
-
municipal
277
-
461
-
national
8 277
-
15 335
-
social contributions
17 617
-
29 336
-
total
26 874
-
46 303
-
Employer
52 244
-
87 000
-
total
-
-
-
-
Corporate
34 756
87 000
-
-
municipal
1 728
4 323
-
-
nationa
8 341
20 881
-
-
total
10 069
25 204
-
-
Dividends
24 687
61 796
-
-
withholding
6 418
16 067
-
-
total
6 418
16 067
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 361
41 271
46 303
42 187
After tax
43 639
45 729
40 697
44 813
Living cost
25 370
25 370
25 370
25 370
Free-cash
18 269
20 359
15 327
19 443

Estimated living cost  is ₽25370 per week

₽15778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20793
₽15326
₽31075
₽13549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
25 404
health
-
-
-
11 745
income
-
-
-
7 478
solidarity contribution
-
-
-
-
total
-
-
-
44 627
Employee
42 388
-
64 925
-
solidarity contribution
-
-
-
-
health
5 722
-
8 765
-
social contributions
2 755
-
4 220
-
income
5 087
-
7 791
-
total
13 564
-
20 776
-
Employer
42 388
-
64 925
-
health
3 815
-
5 843
-
social contributions
10 597
-
16 231
-
total
14 412
-
22 074
-
Corporate
30 200
87 000
-
-
income
5 738
16 530
-
-
total
5 738
16 530
-
-
Dividends
24 462
70 470
-
-
withholding
3 669
10 571
-
-
total
3 669
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 383
27 101
42 850
44 627
After tax
49 617
59 899
44 150
42 373
Living cost
28 824
28 824
28 824
28 824
Free-cash
20 793
31 075
15 326
13 549

Estimated living cost  is ₽28824 per week

₽21435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18480
-₽2670
₽18945
₽14779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
6 656
surtax
-
-
-
-
income
-
-
-
13 299
chamber of commerce
-
-
-
349
pensions
-
-
-
16 094
unemployment
-
-
-
5 776
total
-
-
-
42 174
Employee
41 169
37 533
67 558
-
unemployment
1 235
1 126
2 027
-
pensions
4 216
3 843
6 918
-
health
1 592
1 453
2 615
-
income
3 667
2 768
11 948
-
other
411
375
676
-
total
11 121
9 565
24 184
-
Employer
41 169
37 533
67 558
-
chamber of commerce
164
150
270
-
pensions
5 167
4 711
8 479
-
other
1 955
1 782
3 208
-
health
1 557
1 419
2 554
-
unemployment
1 235
1 126
2 027
-
accident
534
488
878
-
surtax
-
-
-
-
payroll
1 235
1 126
2 027
-
total
11 847
10 802
19 443
-
Corporate
33 983
38 665
63 984
-
income

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

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

8 495
9 666
15 996
-
total
8 495
9 666
15 996
-
Dividends
25 488
29 000
-
-
withholding
7 010
7 975
-
-
total
7 010
7 975
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 473
38 008
59 623
42 174
After tax
48 527
48 992
27 377
44 826
Living cost
30 047
30 047
30 047
30 047
Free-cash
18 480
18 945
-2 670
14 779

Estimated living cost  is ₽30047 per week

₽18025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68249
₽57473
₽70523
₽74003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
microenterprise

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

-
-
-
870
total
-
-
-
870
Employee
15 159
-
87 000
-
income
3 032
-
17 400
-
total
3 032
-
17 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

71 841
87 000
-
-
total
-
-
-
-
Dividends
71 841
87 000
-
-
withholding
3 592
4 350
-
-
total
3 592
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 624
4 350
17 400
870
After tax
80 376
82 650
69 600
86 130
Living cost
12 127
12 127
12 127
12 127
Free-cash
68 249
70 523
57 473
74 003

Estimated living cost  is ₽12127 per week

₽8206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26761
₽17571
₽34639
₽20066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
87 000
health
-
-
-
8 561
income
-
-
-
17 093
pensions
-
-
-
15 889
unemployment
-
-
-
130
total
-
-
-
41 673
Employee

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

41 647
-
75 279
-
unemployment
59
-
105
-
pensions
6 456
-
11 669
-
health
2 690
-
4 863
-
income
7 182
-
15 810
-
total
16 387
-
32 447
-
Employer

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

41 647
-
75 279
-
pensions
3 685
-
6 663
-
health
2 774
-
5 013
-
unemployment
25
-
45
-
total
6 484
-
11 721
-
Corporate
38 869
87 000
-
-
income
7 385
16 530
-
-
total
7 385
16 530
-
-
Dividends
31 484
70 470
-
-
withholding
4 722
10 570
-
-
total
4 722
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
34 978
27 100
44 168
41 673
After tax
52 022
59 900
42 832
45 327
Living cost
25 261
25 261
25 261
25 261
Free-cash
26 761
34 639
17 571
20 066

Estimated living cost  is ₽25261 per week

₽17336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54730
₽33480
₽11916
₽19109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
9 918
income
-
-
-
16 958
total
-
-
-
26 876
Employee
58 809
-
-
-
social contributions
4 822
-
687
-
income
12 972
-
-
-
total
17 794
-
687
-
Employer
58 809
-
-
-
social contributions
82 921
-
11 818
-
total
82 921
-
11 818
-
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
100 715
34 069
12 505
26 876
After tax
-13 715
52 931
74 495
60 124
Living cost
41 015
41 015
41 015
41 015
Free-cash
-54 730
11 916
33 480
19 109

Estimated living cost  is ₽41015 per week

₽26612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
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.
₽10023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18996
₽15254
₽19944
₽19375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
social contributions

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

-
-
-
30 233
income
-
-
-
7 850
surtax
-
-
-
-
total
-
-
-
38 083
Employee
43 316
-
70 303
-
social contributions
4 765
-
7 733
-
income
9 010
-
17 774
-
surtax
-
-
-
-
total
13 775
-
25 507
-
Employer
43 316
-
70 303
-
social contributions
10 287
-
16 697
-
total
10 287
-
16 697
-
Corporate
33 397
87 000
-
-
income
7 013
18 269
-
-
surtax
-
-
-
-
total
7 013
18 269
-
-
Dividends
26 383
68 731
-
-
withholding
7 387
19 245
-
-
total
7 387
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 462
37 514
42 204
38 083
After tax
48 538
49 486
44 796
48 917
Living cost
29 542
29 542
29 542
29 542
Free-cash
18 996
19 944
15 254
19 375

Estimated living cost  is ₽29542 per week

₽22103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽4833
₽4386
-₽1640
₽4814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
2 479
health
-
-
-
1 217
income
-
-
-
7 270
surtax
-
-
-
-
pensions
-
-
-
23 033
other
-
-
-
2 699
total
-
-
-
36 698
Employee
58 987
-
66 295
-
pensions
6 672
-
7 496
-
social contributions
1 680
-
1 889
-
income
5 147
-
7 039
-
surtax
-
-
-
-
total
13 499
-
16 424
-
Employer
58 987
-
66 295
-
pensions
9 692
-
10 892
-
other
2 036
-
2 288
-
health
4 129
-
4 640
-
unemployment
2 390
-
2 684
-
social contributions
177
-
198
-
total
18 424
-
20 702
-
Corporate
9 590
87 000
-
-
income
2 684
24 360
-
-
surtax
-
-
-
-
total
2 684
24 360
-
-
Dividends
6 905
62 640
-
-
surtax
-
-
-
-
social contributions
1 187
10 774
-
-
withholding
885
8 018
-
-
total
2 072
18 792
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 679
43 152
37 126
36 698
After tax
50 321
43 848
49 874
50 302
Living cost
45 488
45 488
45 488
45 488
Free-cash
4 833
-1 640
4 386
4 814

Estimated living cost  is ₽45488 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46826
₽40745
₽49990
₽38302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
19 140
income
-
-
-
1 248
total
-
-
-
20 388
Employee
30 278
-
75 326
-
social contributions
1 968
-
4 895
-
income
-
-
1 376
-
total
1 968
-
6 271
-
Employer
30 278
-
75 326
-
social contributions
4 693
-
11 674
-
total
4 693
-
11 674
-
Corporate
52 028
87 000
-
-
income
5 203
8 700
-
-
total
5 203
8 700
-
-
Dividends
46 826
78 300
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
11 864
8 700
17 945
20 388
After tax
75 136
78 300
69 055
66 612
Living cost
28 310
28 310
28 310
28 310
Free-cash
46 826
49 990
40 745
38 302

Estimated living cost  is ₽28310 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
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.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽118042
-₽118042
-₽118042
₽9028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
15 820
pensions
-
-
-
816
labour market
-
-
-
6 895
national
-
-
-
9 118
total
-
-
-
32 649
Employee
191 297
191 297
191 297
-
pensions
272
272
272
-
municipal
40 736
40 736
40 736
-
national
23 370
23 370
23 370
-
labour market
15 282
15 282
15 282
-
total
79 660
79 660
79 660
-
Employer
191 297
191 297
191 297
-
municipal
40 800
40 800
40 800
-
pensions
544
544
544
-
national
23 411
23 411
23 411
-
labour market
15 304
15 304
15 304
-
total
80 059
80 059
80 059
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
159 719
159 719
159 719
32 649
After tax
-72 719
-72 719
-72 719
54 351
Living cost
45 323
45 323
45 323
45 323
Free-cash
-118 042
-118 042
-118 042
9 028

Estimated living cost  is ₽45323 per week

₽31019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3881
₽23765
-₽13605
₽39113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
20 599
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
27 235
Employee
32 488
-
73 476
-
pensions
3 658
-
7 269
-
health
3 720
-
8 413
-
income
4 457
-
13 377
-
total
11 835
-
29 059
-
Employer
32 488
-
73 476
-
pensions
5 282
-
10 497
-
unemployment
796
-
1 800
-
accident
542
-
1 227
-
total
6 620
-
13 524
-
Corporate
47 891
87 000
-
-
income

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

43 102
78 300
-
-
total
43 102
78 300
-
-
Dividends
4 789
8 700
-
-
withholding
910
1 653
-
-
total
910
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 467
79 953
42 583
27 235
After tax
24 533
7 047
44 417
59 765
Living cost
20 652
20 652
20 652
20 652
Free-cash
3 881
-13 605
23 765
39 113

Estimated living cost  is ₽20652 per week

₽15033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19444
₽14043
₽22235
₽26423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
947
municipal
-
-
-
15 490
national
-
-
-
7 981
total
-
-
-
24 418
Employee
49 551
-
73 190
-
unemployment
744
-
1 097
-
pensions
3 344
-
4 940
-
municipal
8 116
-
11 955
-
national
819
-
4 261
-
health
370
-
735
-
total
13 393
-
22 988
-
Employer
49 551
-
73 190
-
pensions
8 597
-
12 699
-
health
381
-
563
-
unemployment
322
-
475
-
accident
50
-
73
-
total
9 350
-
13 810
-
Corporate
28 100
87 000
-
-
income
5 619
17 401
-
-
total
5 619
17 401
-
-
Dividends

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

16 861
52 199
-
-
national
-
1 809
-
-
municipal
3 035
9 396
-
-
total
3 035
11 205
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 397
28 606
36 798
24 418
After tax
55 603
58 394
50 202
62 582
Living cost
36 159
36 159
36 159
36 159
Free-cash
19 444
22 235
14 043
26 423

Estimated living cost  is ₽36159 per week

₽23619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36794
₽40803
₽41917
₽40891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
13 572
health
-
-
-
2 218
income
-
-
-
8 513
total
-
-
-
24 303
Employee
72 421
72 421
78 982
-
health
561
1 231
1 342
-
social contributions
2 738
6 011
6 556
-
income
7 885
6 704
8 475
-
total
11 184
13 946
16 373
-
Employer
72 421
72 421
78 982
-
health
609
1 340
1 462
-
social contributions
2 738
6 011
6 556
-
total
3 347
7 351
8 018
-
Corporate
50 662
7 228
-
-
income
6 332
904
-
-
total
6 332
904
-
-
Dividends
44 330
6 324
-
-
withholding
7 537
1 076
-
-
total
7 537
1 076
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 400
23 277
24 391
24 303
After tax
58 600
63 723
62 609
62 697
Living cost
21 806
21 806
21 806
21 806
Free-cash
36 794
41 917
40 803
40 891

Estimated living cost  is ₽21806 per week

₽13068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52303
₽38730
₽57091
₽54421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
87 000
health
-
-
-
3 408
income
-
-
-
8 200
pensions
-
-
-
5 991
unemployment
-
-
-
27
total
-
-
-
17 626
Employee

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

21 618
-
78 875
-
unemployment
107
-
395
-
pensions
3 242
-
11 832
-
health
1 837
-
6 704
-
income
1 478
-
6 261
-
total
6 664
-
25 192
-
Employer

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

21 618
-
78 875
-
pensions
1 189
-
4 338
-
health
929
-
3 392
-
unemployment
107
-
395
-
total
2 225
-
8 125
-
Corporate
63 157
87 000
-
-
income
5 683
7 830
-
-
total
5 683
7 830
-
-
Dividends
57 474
79 170
-
-
withholding
5 172
7 126
-
-
total
5 172
7 126
-
-
Income
87 000
87 000
87 000
87 000
Total tax
19 744
14 956
33 317
17 626
After tax
67 256
72 044
53 683
69 374
Living cost
14 953
14 953
14 953
14 953
Free-cash
52 303
57 091
38 730
54 421

Estimated living cost  is ₽14953 per week

₽9540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27795
₽20627
₽32735
₽20009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 991
pensions
-
-
-
24 621
other
-
-
-
88
unemployment
-
-
-
609
total
-
-
-
41 092
Employee
34 824
-
65 969
-
unemployment
540
-
1 022
-
pensions
1 637
-
3 101
-
income
6 714
-
15 255
-
other
34
-
66
-
total
8 925
-
19 444
-
Employer
34 824
-
65 969
-
pensions
8 218
-
15 569
-
other
279
-
527
-
unemployment
1 916
-
3 628
-
accident
690
-
1 306
-
total
11 103
-
21 030
-
Corporate
41 073
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.

6 161
13 051
-
-
total
6 161
13 051
-
-
Dividends
34 913
73 949
-
-
withholding
7 117
15 315
-
-
total
7 117
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 306
28 366
40 474
41 092
After tax
53 694
58 634
46 526
45 908
Living cost
25 899
25 899
25 899
25 899
Free-cash
27 795
32 735
20 627
20 009

Estimated living cost  is ₽25899 per week

₽17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52133
₽53483
₽52438
₽53614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
978
income
-
-
-
29 209
pensions
-
-
-
1 349
total
-
-
-
31 536
Employee
2 817
-
85 482
-
unemployment
28
-
67
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
29 138
-
total
968
-
30 149
-
Employer
2 817
-
85 482
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
83 549
87 000
-
-
income
18 381
19 140
-
-
total
18 381
19 140
-
-
Dividends
65 168
67 860
-
-
withholding
13 034
13 572
-
-
total
13 034
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 017
32 712
31 667
31 536
After tax
53 983
54 288
55 333
55 464
Living cost
1 850
1 850
1 850
1 850
Free-cash
52 133
52 438
53 483
53 614

Estimated living cost  is ₽1850 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41947
₽28883
₽46579
₽28883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
health
-
-
-
7 166
income
-
-
-
15 540
pensions
-
-
-
18 088
unemployment
-
-
-
1 044
total
-
-
-
41 838
Employee

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

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

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

24 548
-
74 547
-
unemployment
184
-
522
-
pensions
3 437
-
9 740
-
health
1 264
-
3 583
-
income
3 384
-
15 540
-
total
8 269
-
29 385
-
Employer

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

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

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

24 548
-
74 547
-
pensions
2 946
-
8 348
-
health
1 264
-
3 583
-
unemployment
184
-
522
-
total
4 394
-
12 453
-
Corporate
58 057
87 000
-
-
income
8 709
13 050
-
-
total
8 709
13 050
-
-
Dividends
49 349
73 950
-
-
withholding
7 402
11 092
-
-
total
7 402
11 092
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 774
24 142
41 838
41 838
After tax
58 226
62 858
45 162
45 162
Living cost
16 280
16 280
16 280
16 280
Free-cash
41 947
46 579
28 883
28 883

Estimated living cost  is ₽16280 per week

₽10961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23757
₽19405
₽24095
₽23526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
social contributions

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

-
-
-
30 233
income
-
-
-
7 850
surtax
-
-
-
-
total
-
-
-
38 083
Employee
36 554
-
70 303
-
social contributions
4 021
-
7 733
-
income
7 142
-
17 774
-
surtax
-
-
-
-
total
11 163
-
25 507
-
Employer
36 554
-
70 303
-
social contributions
8 681
-
16 697
-
total
8 681
-
16 697
-
Corporate
41 765
87 000
-
-
income
8 770
18 269
-
-
surtax
-
-
-
-
total
8 770
18 269
-
-
Dividends
32 995
68 731
-
-
withholding
9 238
19 245
-
-
total
9 238
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 852
37 514
42 204
38 083
After tax
49 148
49 486
44 796
48 917
Living cost
25 391
25 391
25 391
25 391
Free-cash
23 757
24 095
19 405
23 526

Estimated living cost  is ₽25391 per week

₽17983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18352
₽13427
₽25535
₽12809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 991
pensions
-
-
-
24 621
other
-
-
-
88
unemployment
-
-
-
609
total
-
-
-
41 092
Employee
45 485
-
65 969
-
unemployment
704
-
1 022
-
pensions
2 138
-
3 101
-
income
9 500
-
15 255
-
other
45
-
66
-
total
12 387
-
19 444
-
Employer
45 485
-
65 969
-
pensions
10 734
-
15 569
-
other
365
-
527
-
unemployment
2 502
-
3 628
-
accident
901
-
1 306
-
total
14 502
-
21 030
-
Corporate
27 013
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.

4 052
13 051
-
-
total
4 052
13 051
-
-
Dividends
22 961
73 949
-
-
withholding
4 608
15 315
-
-
total
4 608
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 549
28 366
40 474
41 092
After tax
51 451
58 634
46 526
45 908
Living cost
33 099
33 099
33 099
33 099
Free-cash
18 352
25 535
13 427
12 809

Estimated living cost  is ₽33099 per week

₽23771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52434
₽51513
₽58175
₽48952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
health
-
-
-
3 785
income
-
-
-
13 050
pensions

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

-
-
-
4 871
unemployment
-
-
-
132
total
-
-
-
21 838
Employee
21 464
-
80 542
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 884
-
2 890
-
health
987
-
1 514
-
income
2 147
-
8 054
-
total
5 254
-
12 820
-
Employer
21 464
-
80 542
-
pensions

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

2 365
-
3 627
-
health
1 481
-
2 271
-
unemployment
129
-
197
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 211
-
6 457
-
Corporate
61 325
87 000
-
-
income
6 132
8 700
-
-
total
6 132
8 700
-
-
Dividends
55 193
78 300
-
-
withholding
2 759
3 915
-
-
total
2 759
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 356
12 615
19 277
21 838
After tax
68 644
74 385
67 723
65 162
Living cost
16 210
16 210
16 210
16 210
Free-cash
52 434
58 175
51 513
48 952

Estimated living cost  is ₽16210 per week

₽10721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20863
₽26402
₽8544
₽20200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
health

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

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

-
-
-
6 434
trade
-
-
-
6 202
income

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

-
-
-
16 875
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.

-
-
-
928
total
-
-
-
30 439
Employee

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

46 861
-
87 000
-
health

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

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

6 434
-
6 434
-
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.

3 853
-
16 875
-
surtax

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

213
-
928
-
total
10 500
-
24 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 139
87 000
-
-
income
6 021
13 051
-
-
chamber of commerce
202
270
-
-
surtax

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

331
718
-
-
trade
5 760
12 484
-
-
total
12 314
26 523
-
-
Dividends
27 825
60 477
-
-
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.

363
811
-
-
withholding
6 599
14 761
-
-
total
6 962
15 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 776
42 095
24 237
30 439
After tax
57 224
44 905
62 763
56 561
Living cost
36 361
36 361
36 361
36 361
Free-cash
20 863
8 544
26 402
20 200

Estimated living cost  is ₽36361 per week

₽25082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9331
₽6530
₽7249
₽6530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
7 587
income
-
-
-
19 233
total
-
-
-
26 820
Employee
73 671
-
87 000
-
social contributions
6 120
-
7 587
-
income
13 901
-
19 233
-
total
20 021
-
26 820
-
Employer
73 671
-
87 000
-
total
-
-
-
-
Corporate
13 329
87 000
-
-
income
1 666
10 875
-
-
total
1 666
10 875
-
-
Dividends
11 664
76 125
-
-
withholding
2 332
15 226
-
-
total
2 332
15 226
-
-
Income
87 000
87 000
87 000
87 000
Total tax
24 019
26 101
26 820
26 820
After tax
62 981
60 899
60 180
60 180
Living cost
53 650
53 650
53 650
53 650
Free-cash
9 331
7 249
6 530
6 530

Estimated living cost  is ₽53650 per week

₽40816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21804
₽29596
₽17386
₽20160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
87 000
income
-
-
-
26 809
health

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

-
-
-
5 843
total
-
-
-
32 652
Employee
43 205
-
82 668
-
social contributions
4 329
-
4 332
-
income
4 688
-
14 552
-
total
9 017
-
18 884
-
Employer
43 205
-
82 668
-
social contributions
4 329
-
4 332
-
total
4 329
-
4 332
-
Corporate
39 467
87 000
-
-
income
13 814
30 450
-
-
total
13 814
30 450
-
-
Dividends
25 653
56 550
-
-
social contributions
3 848
4 976
-
-
total
3 848
4 976
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 008
35 426
23 216
32 652
After tax
55 992
51 574
63 784
54 348
Living cost
34 188
34 188
34 188
34 188
Free-cash
21 804
17 386
29 596
20 160

Estimated living cost  is ₽34188 per week

₽22520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25591
₽20300
₽30773
₽29341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 001
pensions
-
-
-
6 285
total
-
-
-
23 286
Employee
47 182
-
76 702
-
pensions
3 601
-
7 143
-
health
615
-
1 221
-
income
8 592
-
13 667
-
total
12 808
-
22 031
-
Employer
47 182
-
76 702
-
pensions
4 767
-
8 839
-
health
897
-
1 457
-
total
5 664
-
10 296
-
Corporate
34 155
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.

6 489
16 530
-
-
total
6 489
16 530
-
-
Dividends
27 666
70 470
-
-
withholding
2 075
5 324
-
-
total
2 075
5 324
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 036
21 854
32 327
23 286
After tax
59 964
65 146
54 673
63 714
Living cost
34 373
34 373
34 373
34 373
Free-cash
25 591
30 773
20 300
29 341

Estimated living cost  is ₽34373 per week

₽23580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3161
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.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3566
₽21720
-₽15650
₽37068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
20 599
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
27 235
Employee
35 703
-
73 476
-
pensions
4 020
-
7 269
-
health
4 088
-
8 413
-
income
4 898
-
13 377
-
total
13 006
-
29 059
-
Employer
35 703
-
73 476
-
pensions
5 805
-
10 497
-
unemployment
875
-
1 800
-
accident
596
-
1 227
-
total
7 276
-
13 524
-
Corporate
44 021
87 000
-
-
income

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

39 619
78 300
-
-
total
39 619
78 300
-
-
Dividends
4 402
8 700
-
-
withholding
836
1 653
-
-
total
836
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
60 737
79 953
42 583
27 235
After tax
26 263
7 047
44 417
59 765
Living cost
22 697
22 697
22 697
22 697
Free-cash
3 566
-15 650
21 720
37 068

Estimated living cost  is ₽22697 per week

₽16657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56633
₽40389
₽61217
₽37193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 149
health insurance
-
-
-
6 438
pensions
-
-
-
16 008
unemployment
-
-
-
1 044
work injury
-
-
-
435
total
-
-
-
37 074
Employee

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

20 372
-
87 000
-
unemployment
244
-
905
-
pensions
3 749
-
13 869
-
work injury
102
-
377
-
income
2 037
-
13 149
-
health insurance
1 508
-
5 578
-
total
7 640
-
33 878
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 628
87 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
66 628
87 000
-
-
withholding
9 994
13 050
-
-
total
9 994
13 050
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 634
13 050
33 878
37 074
After tax
69 366
73 950
53 122
49 926
Living cost
12 733
12 733
12 733
12 733
Free-cash
56 633
61 217
40 389
37 193

Estimated living cost  is ₽12733 per week

₽7888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4020
₽2894
₽8306
₽6871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
social contributions
-
-
-
22 377
municipal
-
-
-
581
regional
-
-
-
1 672
national
-
-
-
17 980
total
-
-
-
42 610
Employee
79 363
-
87 000
-
regional
1 198
-
1 398
-
municipal
474
-
518
-
national
13 412
-
15 335
-
social contributions
26 761
-
29 336
-
total
41 845
-
46 587
-
Employer
79 363
-
87 000
-
total
-
-
-
-
Corporate
7 637
87 000
-
-
municipal
368
4 193
-
-
nationa
1 834
20 881
-
-
total
2 202
25 074
-
-
Dividends
5 435
61 926
-
-
withholding
1 414
16 101
-
-
total
1 414
16 101
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 461
41 175
46 587
42 610
After tax
41 539
45 825
40 413
44 390
Living cost
37 519
37 519
37 519
37 519
Free-cash
4 020
8 306
2 894
6 871

Estimated living cost  is ₽37519 per week

₽26355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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