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
₽15588
₽34305
₽27473
₽25968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
16 934
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.

-
-
-
931
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.

-
-
-
6 410
trade
-
-
-
6 832
total
-
-
-
31 107
Employee

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

35 888
-
87 000
-
surtax

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

55
-
931
-
income

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

1 002
-
16 934
-
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.

6 410
-
6 410
-
total
7 467
-
24 275
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 112
87 000
-
-
income
7 667
13 050
-
-
surtax

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

422
718
-
-
chamber of commerce
215
267
-
-
trade
8 050
13 702
-
-
total
16 354
27 737
-
-
Dividends
34 757
59 263
-
-
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
796
-
-
withholding
8 333
14 459
-
-
total
8 791
15 255
-
-
Income
87 000
87 000
87 000
87 000
Total tax
32 612
42 992
24 275
31 107
After tax
54 388
44 008
62 725
55 893
Living cost
28 420
28 420
28 420
28 420
Free-cash
25 968
15 588
34 305
27 473

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Reykjavik , Iceland
₽4332
₽3616
₽2932
₽2532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 918
national
-
-
-
13 819
pensions
-
-
-
10 440
total
-
-
-
34 112
Employee
77 442
-
75 211
-
municipal
9 565
-
9 254
-
pensions
3 098
-
3 008
-
national
14 822
-
14 340
-
total
27 485
-
26 602
-
Employer
77 442
-
75 211
-
pensions
6 195
-
6 017
-
social contributions
832
-
809
-
total
7 027
-
6 826
-
Corporate
-
87 000
-
-
income

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

-
17 400
-
-
total
-
17 400
-
-
Dividends
-
69 600
-
-
withholding
-
15 312
-
-
total
-
15 312
-
-
Income
87 000
87 000
87 000
87 000
Total tax
34 512
32 712
33 428
34 112
After tax
52 488
54 288
53 572
52 888
Living cost
49 956
49 956
49 956
49 956
Free-cash
2 532
4 332
3 616
2 932

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Riga , Latvia
₽50079
₽29595
₽27001
₽42382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
income
-
-
-
12 508
surtax
-
-
-
-
social contributions

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

-
-
-
27 970
microenterprise
-
-
-
-
total
-
-
-
40 478
Employee
27 418
-
70 111
-
surtax
-
-
-
-
social contributions

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

3 016
-
7 712
-
income
4 881
-
13 283
-
total
7 897
-
20 995
-
Employer
27 418
-
70 111
-
social contributions

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

6 604
-
16 889
-
surtax
-
-
-
-
total
6 604
-
16 889
-
Corporate
52 978
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%.

10 596
17 400
-
-
total
10 596
17 400
-
-
Dividends

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

42 382
69 600
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
25 097
17 400
37 884
40 478
After tax
61 903
69 600
49 116
46 522
Living cost
19 521
19 521
19 521
19 521
Free-cash
42 382
50 079
29 595
27 001

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₽909
-₽6177
₽10114
-₽6177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 733
health
-
-
-
10 853
pensions
-
-
-
10 993
total
-
-
-
37 579
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
53 870
48 602
53 870
37 579
After tax
33 130
38 398
33 130
49 421
Living cost
39 307
39 307
39 307
39 307
Free-cash
-6 177
-909
-6 177
10 114

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽10018
₽8976
₽6871
₽9176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
18 846
national
-
-
-
-
pensions
-
-
-
8 881
total
-
-
-
42 645
Employee
53 411
-
66 200
-
municipal
15 927
-
19 741
-
national
-
-
-
-
total
15 927
-
19 741
-
Employer
53 411
-
66 200
-
health
3 285
-
4 071
-
pensions
5 774
-
7 156
-
accident
107
-
132
-
unemployment
1 410
-
1 748
-
other
6 206
-
7 692
-
total
16 782
-
20 799
-
Corporate
16 807
87 000
-
-
income
3 698
19 140
-
-
total
3 698
19 140
-
-
Dividends
13 109
67 860
-
-
withholding
3 933
20 358
-
-
total
3 933
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 340
39 498
40 540
42 645
After tax
46 660
47 502
46 460
44 355
Living cost
37 484
37 484
37 484
37 484
Free-cash
9 176
10 018
8 976
6 871

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Hamburg , Germany
₽6701
₽25864
₽18729
₽19885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
16 934
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.

-
-
-
931
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.

-
-
-
6 410
trade
-
-
-
7 135
total
-
-
-
31 410
Employee

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

47 583
-
87 000
-
surtax

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

224
-
931
-
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.

4 088
-
16 934
-
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.

6 410
-
6 410
-
total
10 722
-
24 275
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 417
87 000
-
-
income
5 912
13 050
-
-
surtax

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

326
718
-
-
chamber of commerce
198
265
-
-
trade
6 483
14 311
-
-
total
12 919
28 344
-
-
Dividends
26 498
58 656
-
-
surtax

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

345
787
-
-
withholding
6 268
14 307
-
-
total
6 613
15 094
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 254
43 438
24 275
31 410
After tax
56 746
43 562
62 725
55 590
Living cost
36 860
36 860
36 860
36 860
Free-cash
19 885
6 701
25 864
18 729

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Limassol , Cyprus
₽33289
₽32127
₽32214
₽29398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 561
social contributions
-
-
-
13 572
health
-
-
-
2 219
total
-
-
-
24 352
Employee
72 151
72 151
78 982
-
social contributions
3 506
5 988
6 556
-
income
7 576
6 679
8 522
-
health
718
1 227
1 343
-
total
11 800
13 894
16 421
-
Employer
72 151
72 151
78 982
-
health
782
1 335
1 462
-
social contributions
3 506
5 988
6 556
-
total
4 288
7 323
8 018
-
Corporate
40 478
7 525
-
-
income
5 060
940
-
-
total
5 060
940
-
-
Dividends
35 418
6 585
-
-
withholding
6 020
1 120
-
-
total
6 020
1 120
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 168
23 277
24 439
24 352
After tax
59 832
63 723
62 561
62 648
Living cost
30 434
30 434
30 434
30 434
Free-cash
29 398
33 289
32 127
32 214

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Budapest , Hungary
₽32215
₽33618
₽43452
₽32564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
72 803
-
unemployment
364
145
1 092
-
pensions
2 428
966
7 280
-
income
2 968
1 181
8 900
-
health
1 699
676
5 096
-
total
7 459
2 968
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.

24 275
9 661
72 803
-
pensions
4 734
1 884
14 197
-
total
4 734
1 884
14 197
-
Corporate
57 991
75 455
-
-
income
5 219
6 791
-
-
total
5 219
6 791
-
-
Dividends
52 772
68 664
-
-
social contributions
10 180
13 279
-
-
withholding
10 027
13 046
-
-
total
20 207
26 325
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 619
37 968
36 565
26 731
After tax
49 381
49 032
50 435
60 269
Living cost
16 817
16 817
16 817
16 817
Free-cash
32 564
32 215
33 618
43 452

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₽46936
₽27480
₽23968
₽41105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 658
health
-
-
-
11 310
pensions
-
-
-
17 400
total
-
-
-
40 368
Employee
26 618
-
65 022
-
unemployment
426
-
1 040
-
pensions
532
-
1 300
-
income
2 997
-
12 537
-
total
3 955
-
14 877
-
Employer
26 618
-
65 022
-
health
3 460
-
8 453
-
pensions
5 324
-
13 006
-
unemployment
214
-
520
-
total
8 998
-
21 979
-
Corporate
51 384
87 000
-
-
income
10 278
17 400
-
-
total
10 278
17 400
-
-
Dividends
41 107
69 600
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 231
17 400
36 856
40 368
After tax
63 769
69 600
50 144
46 632
Living cost
22 664
22 664
22 664
22 664
Free-cash
41 105
46 936
27 480
23 968

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
-₽13901
₽23474
₽38816
₽3835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
20 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
27 236
Employee
32 952
-
73 482
-
pensions
3 710
-
7 264
-
income
4 521
-
13 383
-
health
3 773
-
8 414
-
total
12 004
-
29 061
-
Employer
32 952
-
73 482
-
pensions
5 358
-
10 490
-
accident
550
-
1 227
-
unemployment
807
-
1 800
-
total
6 715
-
13 517
-
Corporate
47 332
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.

42 599
78 300
-
-
total
42 599
78 300
-
-
Dividends
4 733
8 700
-
-
withholding
899
1 653
-
-
total
899
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 217
79 953
42 578
27 236
After tax
24 783
7 047
44 422
59 764
Living cost
20 948
20 948
20 948
20 948
Free-cash
3 835
-13 901
23 474
38 816

Estimated living cost  is ₽20948 per week

₽15353
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.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Batumi , Georgia
₽75089
₽62039
₽78569
₽73672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
87 000
-
income
1 890
-
17 400
-
total
1 890
-
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%.

77 550
87 000
-
-
total
-
-
-
-
Dividends
77 550
87 000
-
-
withholding
3 877
4 350
-
-
total
3 877
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
5 767
4 350
17 400
870
After tax
81 233
82 650
69 600
86 130
Living cost
7 561
7 561
7 561
7 561
Free-cash
73 672
75 089
62 039
78 569

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Bratislava , Slovakia
₽38916
₽25994
₽22106
₽32582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
11 050
other
-
-
-
4 133
health
-
-
-
3 828
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
total
-
-
-
39 892
Employee
34 069
-
69 488
-
unemployment
340
-
694
-
pensions

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

2 384
-
4 865
-
income
5 865
-
11 962
-
health
477
-
972
-
total
9 066
-
18 493
-
Employer
34 069
-
69 488
-
health
477
-
972
-
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.

5 792
-
11 813
-
accident
272
-
556
-
unemployment
340
-
694
-
other
1 704
-
3 476
-
total
8 585
-
17 511
-
Corporate
44 345
87 000
-
-
income
9 313
18 271
-
-
total
9 313
18 271
-
-
Dividends
35 032
68 729
-
-
withholding
2 452
4 811
-
-
total
2 452
4 811
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 416
23 082
36 004
39 892
After tax
57 584
63 918
50 996
47 108
Living cost
25 002
25 002
25 002
25 002
Free-cash
32 582
38 916
25 994
22 106

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
London , United Kingdom
₽2500
-₽7977
₽1236
-₽13846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 813
pensions
-
-
-
6 265
total
-
-
-
23 078
Employee
88 691
-
76 722
-
pensions
8 556
-
7 120
-
income
15 987
-
13 678
-
health
1 461
-
1 216
-
total
26 004
-
22 014
-
Employer
88 691
-
76 722
-
health
1 684
-
1 457
-
pensions
10 472
-
8 820
-
total
12 156
-
10 277
-
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
-
5 284
-
-
total
-
5 284
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 160
21 814
32 291
23 078
After tax
48 840
65 186
54 709
63 922
Living cost
62 686
62 686
62 686
62 686
Free-cash
-13 846
2 500
-7 977
1 236

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Varna , Bulgaria
₽62086
₽55471
₽52902
₽57730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
21 799
Employee
16 286
-
80 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
8 057
-
health
749
-
1 507
-
total
3 986
-
12 801
-
Employer
16 286
-
80 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
67 518
87 000
-
-
income
6 752
8 700
-
-
total
6 752
8 700
-
-
Dividends
60 766
78 300
-
-
withholding
3 038
3 915
-
-
total
3 038
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
16 971
12 615
19 230
21 799
After tax
70 029
74 385
67 770
65 201
Living cost
12 299
12 299
12 299
12 299
Free-cash
57 730
62 086
55 471
52 902

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Amsterdam , Netherlands
-₽13632
-₽18900
-₽2609
-₽15223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 733
health
-
-
-
10 853
pensions
-
-
-
10 993
total
-
-
-
37 579
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
50 193
48 602
53 870
37 579
After tax
36 807
38 398
33 130
49 421
Living cost
52 030
52 030
52 030
52 030
Free-cash
-15 223
-13 632
-18 900
-2 609

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₽36888
₽21139
₽19362
₽28679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
social contributions
-
-
-
25 404
solidarity contribution
-
-
-
-
health
-
-
-
11 745
total
-
-
-
44 627
Employee
33 839
-
64 925
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
4 220
-
income
4 061
-
7 791
-
health
4 568
-
8 765
-
total
10 829
-
20 776
-
Employer
33 839
-
64 925
-
health
3 045
-
5 843
-
social contributions
8 460
-
16 231
-
total
11 505
-
22 074
-
Corporate
41 656
87 000
-
-
income
7 915
16 530
-
-
total
7 915
16 530
-
-
Dividends
33 741
70 470
-
-
withholding
5 061
10 571
-
-
total
5 061
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 310
27 101
42 850
44 627
After tax
51 690
59 899
44 150
42 373
Living cost
23 011
23 011
23 011
23 011
Free-cash
28 679
36 888
21 139
19 362

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Milan , Italy
₽6825
₽1422
₽5561
₽1926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
949
municipal
-
-
-
516
national
-
-
-
18 004
total
-
-
-
41 846
Employee
83 391
-
87 000
-
municipal
442
-
461
-
national
14 450
-
15 360
-
regional
787
-
828
-
social contributions
28 119
-
29 336
-
total
43 798
-
45 985
-
Employer
83 391
-
87 000
-
total
-
-
-
-
Corporate
3 609
87 000
-
-
municipal
141
3 394
-
-
nationa
865
20 879
-
-
total
1 006
24 273
-
-
Dividends
2 603
62 727
-
-
withholding
677
16 309
-
-
total
677
16 309
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 481
40 582
45 985
41 846
After tax
41 519
46 418
41 015
45 154
Living cost
39 593
39 593
39 593
39 593
Free-cash
1 926
6 825
1 422
5 561

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Thessaloniki , Greece
₽34018
₽23082
₽24755
₽31099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 910
other
-
-
-
-
surtax
-
-
-
1 839
unemployment
-
-
-
214
health
-
-
-
6 177
pensions
-
-
-
17 400
total
-
-
-
41 540
Employee
31 029
-
71 870
-
other
-
-
-
-
unemployment
2 160
-
5 002
-
pensions
2 069
-
4 793
-
surtax
101
-
1 647
-
income
5 201
-
14 811
-
health
792
-
1 832
-
total
10 323
-
28 085
-
Employer
31 029
-
71 870
-
health
1 412
-
3 271
-
pensions
4 136
-
9 580
-
unemployment
983
-
2 277
-
other
-
-
-
-
total
6 531
-
15 128
-
Corporate
49 440
87 000
-
-
income
12 854
22 621
-
-
total
12 854
22 621
-
-
Dividends
36 585
64 379
-
-
withholding
5 488
9 656
-
-
total
5 488
9 656
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 196
32 277
43 213
41 540
After tax
51 804
54 723
43 787
45 460
Living cost
20 705
20 705
20 705
20 705
Free-cash
31 099
34 018
23 082
24 755

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Cambridge , United Kingdom
₽22361
₽11884
₽21097
₽14983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 813
pensions
-
-
-
6 265
total
-
-
-
23 078
Employee
59 438
-
76 722
-
pensions
5 045
-
7 120
-
income
10 705
-
13 678
-
health
863
-
1 216
-
total
16 613
-
22 014
-
Employer
59 438
-
76 722
-
health
1 129
-
1 457
-
pensions
6 434
-
8 820
-
total
7 563
-
10 277
-
Corporate
19 998
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.

3 800
16 530
-
-
total
3 800
16 530
-
-
Dividends
16 198
70 470
-
-
withholding
1 216
5 284
-
-
total
1 216
5 284
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 192
21 814
32 291
23 078
After tax
57 808
65 186
54 709
63 922
Living cost
42 825
42 825
42 825
42 825
Free-cash
14 983
22 361
11 884
21 097

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Zurich , Switzerland
-₽34302
-₽5610
-₽1149
-₽7958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
other

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

-
-
-
1 739
regional
-
-
-
2 763
health
-
-
-
242
city
-
-
-
917
national
-
-
-
399
pensions
-
-
-
8 003
total
-
-
-
14 063
Employee
86 700
-
77 872
-
unemployment
-
-
-
-
pensions
7 284
-
6 540
-
national
410
-
340
-
regional
2 839
-
2 361
-
city
930
-
837
-
health
196
-
175
-
total
11 659
-
10 253
-
Employer
86 700
-
77 872
-
health
196
-
175
-
pensions
7 284
-
6 540
-
unemployment
-
-
-
-
other

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

1 733
-
1 556
-
total
9 213
-
8 271
-
Corporate
-
87 000
-
-
regional
-
18 400
-
-
national
-
7 394
-
-
total
-
25 794
-
-
Dividends
-
61 206
-
-
withholding
-
21 422
-
-
total
-
21 422
-
-
Income
87 000
87 000
87 000
87 000
Total tax
20 872
47 216
18 524
14 063
After tax
66 128
39 784
68 476
72 937
Living cost
74 086
74 086
74 086
74 086
Free-cash
-7 958
-34 302
-5 610
-1 149

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Munich , Germany
₽129
₽19741
₽12302
₽15345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
16 934
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.

-
-
-
931
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.

-
-
-
6 410
trade
-
-
-
7 439
total
-
-
-
31 714
Employee

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

56 390
-
87 000
-
surtax

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

365
-
931
-
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.

6 631
-
16 934
-
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.

6 410
-
6 410
-
total
13 406
-
24 275
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 610
87 000
-
-
income
4 592
13 050
-
-
surtax

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

253
718
-
-
chamber of commerce
185
265
-
-
trade
5 249
14 920
-
-
total
10 279
28 953
-
-
Dividends
20 330
58 047
-
-
surtax

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

260
778
-
-
withholding
4 726
14 156
-
-
total
4 986
14 934
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 671
43 887
24 275
31 714
After tax
58 329
43 113
62 725
55 286
Living cost
42 984
42 984
42 984
42 984
Free-cash
15 345
129
19 741
12 302

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Nice , France
₽11745
₽17731
₽18191
₽17287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 320
other
-
-
-
2 699
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
1 234
pensions
-
-
-
22 974
total
-
-
-
36 706
Employee
40 158
-
66 297
-
pensions
4 541
-
7 498
-
surtax
-
-
-
-
social contributions
1 145
-
1 889
-
income
2 370
-
7 077
-
total
8 056
-
16 464
-
Employer
40 158
-
66 297
-
health
2 812
-
4 640
-
pensions
6 597
-
10 890
-
unemployment
1 626
-
2 685
-
social contributions
121
-
199
-
other
1 385
-
2 288
-
total
12 541
-
20 702
-
Corporate
34 301
87 000
-
-
income
9 605
24 361
-
-
surtax
-
-
-
-
total
9 605
24 361
-
-
Dividends
24 697
62 639
-
-
surtax
-
-
-
-
social contributions
4 247
10 773
-
-
withholding
3 161
8 018
-
-
total
7 408
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 610
43 152
37 166
36 706
After tax
49 390
43 848
49 834
50 294
Living cost
32 103
32 103
32 103
32 103
Free-cash
17 287
11 745
17 731
18 191

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Marseille , France
₽14926
₽20912
₽21372
₽20139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 320
other
-
-
-
2 699
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
1 234
pensions
-
-
-
22 974
total
-
-
-
36 706
Employee
35 847
-
66 297
-
pensions
4 054
-
7 498
-
surtax
-
-
-
-
social contributions
1 022
-
1 889
-
income
1 848
-
7 077
-
total
6 924
-
16 464
-
Employer
35 847
-
66 297
-
health
2 509
-
4 640
-
pensions
5 890
-
10 890
-
unemployment
1 451
-
2 685
-
social contributions
107
-
199
-
other
1 238
-
2 288
-
total
11 195
-
20 702
-
Corporate
39 959
87 000
-
-
income
11 188
24 361
-
-
surtax
-
-
-
-
total
11 188
24 361
-
-
Dividends
28 771
62 639
-
-
surtax
-
-
-
-
social contributions
4 950
10 773
-
-
withholding
3 682
8 018
-
-
total
8 632
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 939
43 152
37 166
36 706
After tax
49 061
43 848
49 834
50 294
Living cost
28 922
28 922
28 922
28 922
Free-cash
20 139
14 926
20 912
21 372

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽33180
₽36481
₽35975
₽33670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
social contributions
-
-
-
12 007
health
-
-
-
6 072
total
-
-
-
31 129
Employee
31 814
-
87 000
-
social contributions
4 391
-
12 007
-
income
5 306
-
12 544
-
health
2 220
-
6 072
-
total
11 917
-
30 623
-
Employer
31 814
-
87 000
-
total
-
-
-
-
Corporate
55 186
87 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 760
4 350
-
-
total
2 760
4 350
-
-
Dividends
52 426
82 650
-
-
social contributions
7 235
11 407
-
-
withholding
7 863
12 398
-
-
health
3 659
5 769
-
-
total
18 757
29 574
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 434
33 924
30 623
31 129
After tax
53 566
53 076
56 377
55 871
Living cost
19 896
19 896
19 896
19 896
Free-cash
33 670
33 180
36 481
35 975

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
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.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vienna , Austria
₽15821
-₽5788
₽11551
₽14371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 349
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
347
health
-
-
-
6 656
pensions
-
-
-
16 095
total
-
-
-
42 387
Employee
46 892
37 393
67 412
-
other
468
374
675
-
unemployment
1 407
1 122
2 023
-
pensions
4 802
3 828
6 903
-
income
5 338
2 758
11 967
-
health
1 814
1 448
2 609
-
total
13 829
9 530
24 177
-
Employer
46 892
37 393
67 412
-
chamber of commerce
187
150
269
-
health
1 772
1 414
2 548
-
pensions
5 885
4 694
8 460
-
accident
609
486
876
-
unemployment
1 407
1 122
2 023
-
surtax
185
185
185
-
payroll
1 407
1 122
2 023
-
other
2 228
1 775
3 202
-
total
13 680
10 948
19 586
-
Corporate
26 429
38 660
63 854
-
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.

6 608
9 665
15 963
-
total
6 608
9 665
15 963
-
Dividends
19 821
28 995
-
-
withholding
5 450
7 974
-
-
total
5 450
7 974
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 567
38 117
59 726
42 387
After tax
47 433
48 883
27 274
44 613
Living cost
33 062
33 062
33 062
33 062
Free-cash
14 371
15 821
-5 788
11 551

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Brussels , Belgium
₽14607
₽114
₽7485
₽275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
communal

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

-
-
-
4 428
social contributions
-
-
-
13 203
national
-
-
-
27 672
total
-
-
-
45 303
Employee

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

67 117
-
67 383
-
unemployment

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

584
-
586
-
communal

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

3 501
-
3 515
-
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.

5 034
-
5 053
-
national
20 635
-
20 738
-
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.

3 153
-
3 166
-
total
32 907
-
33 058
-
Employer

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

67 117
-
67 383
-
health

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

4 127
-
4 143
-
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.

5 947
-
5 970
-
accident

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

872
-
876
-
unemployment

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

979
-
985
-
surtax
7 610
-
7 642
-
total
19 535
-
19 616
-
Corporate
346
87 000
-
-
income
69
17 400
-
-
surtax
2
347
-
-
total
71
17 747
-
-
Dividends
274
69 253
-
-
withholding

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

-
20 434
-
-
total
-
20 434
-
-
Income
87 000
87 000
87 000
87 000
Total tax
52 513
38 181
52 674
45 303
After tax
34 487
48 819
34 326
41 697
Living cost
34 212
34 212
34 212
34 212
Free-cash
275
14 607
114
7 485

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Barcelona , Spain
₽24749
₽12627
₽12017
₽17273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 006
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
41 097
Employee
46 707
-
65 969
-
other
46
-
66
-
unemployment
725
-
1 022
-
pensions
2 195
-
3 100
-
income
9 855
-
15 268
-
total
12 821
-
19 456
-
Employer
46 707
-
65 969
-
pensions
11 022
-
15 568
-
accident
924
-
1 307
-
unemployment
2 569
-
3 629
-
other
372
-
527
-
total
14 887
-
21 031
-
Corporate
25 406
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.

3 811
13 050
-
-
total
3 811
13 050
-
-
Dividends
21 595
73 950
-
-
withholding
4 322
15 315
-
-
total
4 322
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 841
28 365
40 487
41 097
After tax
51 159
58 635
46 513
45 903
Living cost
33 886
33 886
33 886
33 886
Free-cash
17 273
24 749
12 627
12 017

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Luxembourg , Luxembourg
₽2459
₽3714
-₽387
-₽3603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
communal
-
-
-
5 499
accident
-
-
-
734
income
-
-
-
6 698
surtax
-
-
-
4 313
health
-
-
-
6 113
pensions
-
-
-
13 039
total
-
-
-
36 396
Employee
71 057
-
77 712
-
pensions
5 684
-
6 216
-
surtax
4 355
-
4 763
-
income
6 863
-
8 572
-
health
3 162
-
3 458
-
total
20 064
-
23 009
-
Employer
71 057
-
77 712
-
health
2 167
-
2 370
-
pensions
5 684
-
6 216
-
accident
639
-
700
-
total
8 490
-
9 286
-
Corporate
7 453
87 000
-
-
communal
-
5 872
-
-
income
1 118
13 050
-
-
surtax
78
913
-
-
total
1 196
19 835
-
-
Dividends
6 256
67 164
-
-
income
8 924
3 640
-
-
withholding
938
10 075
-
-
total
9 862
13 715
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 612
33 550
32 295
36 396
After tax
47 388
53 450
54 705
50 604
Living cost
50 991
50 991
50 991
50 991
Free-cash
-3 603
2 459
3 714
-387

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Athens , Greece
₽33648
₽22712
₽24385
₽30665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
15 910
other
-
-
-
-
surtax
-
-
-
1 839
unemployment
-
-
-
214
health
-
-
-
6 177
pensions
-
-
-
17 400
total
-
-
-
41 540
Employee
31 599
-
71 870
-
other
-
-
-
-
unemployment
2 199
-
5 002
-
pensions
2 108
-
4 793
-
surtax
112
-
1 647
-
income
5 297
-
14 811
-
health
807
-
1 832
-
total
10 523
-
28 085
-
Employer
31 599
-
71 870
-
health
1 437
-
3 271
-
pensions
4 213
-
9 580
-
unemployment
1 002
-
2 277
-
other
-
-
-
-
total
6 652
-
15 128
-
Corporate
48 749
87 000
-
-
income
12 674
22 621
-
-
total
12 674
22 621
-
-
Dividends
36 074
64 379
-
-
withholding
5 411
9 656
-
-
total
5 411
9 656
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 260
32 277
43 213
41 540
After tax
51 740
54 723
43 787
45 460
Living cost
21 075
21 075
21 075
21 075
Free-cash
30 665
33 648
22 712
24 385

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Naples , Italy
₽20456
₽15396
₽19516
₽18369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 311
municipal
-
-
-
516
national
-
-
-
18 004
total
-
-
-
42 208
Employee
52 049
-
87 000
-
municipal
276
-
461
-
national
8 246
-
15 360
-
regional
701
-
1 171
-
social contributions
17 551
-
29 336
-
total
26 774
-
46 328
-
Employer
52 049
-
87 000
-
total
-
-
-
-
Corporate
34 951
87 000
-
-
municipal
1 738
4 323
-
-
nationa
8 388
20 879
-
-
total
10 126
25 202
-
-
Dividends
24 825
61 797
-
-
withholding
6 455
16 066
-
-
total
6 455
16 066
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 355
41 268
46 328
42 208
After tax
43 645
45 732
40 672
44 792
Living cost
25 276
25 276
25 276
25 276
Free-cash
18 369
20 456
15 396
19 516

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽31544
₽15795
₽14018
₽21428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 478
social contributions
-
-
-
25 404
solidarity contribution
-
-
-
-
health
-
-
-
11 745
total
-
-
-
44 627
Employee
41 699
-
64 925
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
4 220
-
income
5 004
-
7 791
-
health
5 629
-
8 765
-
total
13 343
-
20 776
-
Employer
41 699
-
64 925
-
health
3 753
-
5 843
-
social contributions
10 425
-
16 231
-
total
14 178
-
22 074
-
Corporate
31 124
87 000
-
-
income
5 914
16 530
-
-
total
5 914
16 530
-
-
Dividends
25 210
70 470
-
-
withholding
3 782
10 571
-
-
total
3 782
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 217
27 101
42 850
44 627
After tax
49 783
59 899
44 150
42 373
Living cost
28 355
28 355
28 355
28 355
Free-cash
21 428
31 544
15 795
14 018

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
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.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Graz , Austria
₽19050
-₽2624
₽14863
₽18587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 349
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
347
health
-
-
-
6 656
pensions
-
-
-
16 095
total
-
-
-
42 202
Employee
41 016
37 393
67 556
-
other
410
374
675
-
unemployment
1 230
1 122
2 026
-
pensions
4 200
3 828
6 918
-
income
3 654
2 758
12 017
-
health
1 587
1 448
2 614
-
total
11 081
9 530
24 250
-
Employer
41 016
37 393
67 556
-
chamber of commerce
164
150
271
-
health
1 551
1 414
2 553
-
pensions
5 148
4 694
8 477
-
accident
532
486
878
-
unemployment
1 230
1 122
2 026
-
surtax
-
-
-
-
payroll
1 230
1 122
2 026
-
other
1 948
1 775
3 209
-
total
11 803
10 763
19 440
-
Corporate
34 180
38 845
63 998
-
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.

8 545
9 711
15 999
-
total
8 545
9 711
15 999
-
Dividends
25 635
29 134
-
-
withholding
7 049
8 011
-
-
total
7 049
8 011
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 478
38 015
59 689
42 202
After tax
48 522
48 985
27 311
44 798
Living cost
29 935
29 935
29 935
29 935
Free-cash
18 587
19 050
-2 624
14 863

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Tbilisi , Georgia
₽70868
₽57818
₽74348
₽68658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
microenterprise

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

-
-
-
870
total
-
-
-
870
Employee
14 727
-
87 000
-
income
2 946
-
17 400
-
total
2 946
-
17 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

72 273
87 000
-
-
total
-
-
-
-
Dividends
72 273
87 000
-
-
withholding
3 614
4 350
-
-
total
3 614
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 560
4 350
17 400
870
After tax
80 440
82 650
69 600
86 130
Living cost
11 782
11 782
11 782
11 782
Free-cash
68 658
70 868
57 818
74 348

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Ljubljana , Slovenia
₽34733
₽17652
₽20145
₽26882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
87 000
income
-
-
-
17 109
unemployment
-
-
-
130
health
-
-
-
8 561
pensions
-
-
-
15 888
total
-
-
-
41 688
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.

41 492
-
75 280
-
unemployment
59
-
105
-
pensions
6 432
-
11 668
-
income
7 155
-
15 825
-
health
2 680
-
4 863
-
total
16 326
-
32 461
-
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.

41 492
-
75 280
-
health
2 764
-
5 012
-
pensions
3 672
-
6 663
-
unemployment
25
-
45
-
total
6 461
-
11 720
-
Corporate
39 048
87 000
-
-
income
7 420
16 529
-
-
total
7 420
16 529
-
-
Dividends
31 628
70 471
-
-
withholding
4 744
10 571
-
-
total
4 744
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
34 951
27 100
44 181
41 688
After tax
52 049
59 900
42 819
45 312
Living cost
25 167
25 167
25 167
25 167
Free-cash
26 882
34 733
17 652
20 145

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽12851
₽34700
₽20044
-₽51499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 958
social contributions
-
-
-
9 918
total
-
-
-
26 876
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
34 069
12 220
26 876
After tax
-11 419
52 931
74 780
60 124
Living cost
40 080
40 080
40 080
40 080
Free-cash
-51 499
12 851
34 700
20 044

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽20052
₽15343
₽19477
₽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

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

-
-
-
87 000
income
-
-
-
7 858
surtax
-
-
-
-
social contributions

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

-
-
-
30 233
total
-
-
-
38 091
Employee
43 155
-
70 303
-
surtax
-
-
-
-
social contributions
4 747
-
7 733
-
income
8 976
-
17 795
-
total
13 723
-
25 528
-
Employer
43 155
-
70 303
-
social contributions
10 249
-
16 697
-
total
10 249
-
16 697
-
Corporate
33 596
87 000
-
-
income
7 055
18 271
-
-
surtax
-
-
-
-
total
7 055
18 271
-
-
Dividends
26 541
68 729
-
-
withholding
7 432
19 245
-
-
total
7 432
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 459
37 516
42 225
38 091
After tax
48 541
49 484
44 775
48 909
Living cost
29 432
29 432
29 432
29 432
Free-cash
19 109
20 052
15 343
19 477

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
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.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
-₽1471
₽4515
₽4975
₽4980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
7 320
other
-
-
-
2 699
surtax
-
-
-
-
social contributions
-
-
-
2 479
health
-
-
-
1 234
pensions
-
-
-
22 974
total
-
-
-
36 706
Employee
58 768
-
66 297
-
pensions
6 647
-
7 498
-
surtax
-
-
-
-
social contributions
1 674
-
1 889
-
income
5 128
-
7 077
-
total
13 449
-
16 464
-
Employer
58 768
-
66 297
-
health
4 113
-
4 640
-
pensions
9 656
-
10 890
-
unemployment
2 381
-
2 685
-
social contributions
176
-
199
-
other
2 028
-
2 288
-
total
18 354
-
20 702
-
Corporate
9 878
87 000
-
-
income
2 765
24 361
-
-
surtax
-
-
-
-
total
2 765
24 361
-
-
Dividends
7 112
62 639
-
-
surtax
-
-
-
-
social contributions
1 223
10 773
-
-
withholding
910
8 018
-
-
total
2 133
18 791
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 701
43 152
37 166
36 706
After tax
50 299
43 848
49 834
50 294
Living cost
45 319
45 319
45 319
45 319
Free-cash
4 980
-1 471
4 515
4 975

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Andorra , Andorra
₽50095
₽40838
₽38398
₽46944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
1 257
social contributions
-
-
-
19 140
total
-
-
-
20 397
Employee
30 166
-
75 325
-
income
-
-
1 385
-
social contributions
1 960
-
4 897
-
total
1 960
-
6 282
-
Employer
30 166
-
75 325
-
social contributions
4 676
-
11 675
-
total
4 676
-
11 675
-
Corporate
52 159
87 000
-
-
income
5 215
8 700
-
-
total
5 215
8 700
-
-
Dividends
46 943
78 300
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
11 851
8 700
17 957
20 397
After tax
75 149
78 300
69 043
66 603
Living cost
28 205
28 205
28 205
28 205
Free-cash
46 944
50 095
40 838
38 398

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Copenhagen , Denmark
-₽117426
-₽117426
₽9154
-₽117426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
labour market
-
-
-
6 895
municipal
-
-
-
15 828
national
-
-
-
9 123
pensions
-
-
-
813
total
-
-
-
32 659
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
159 239
159 239
159 239
32 659
After tax
-72 239
-72 239
-72 239
54 341
Living cost
45 187
45 187
45 187
45 187
Free-cash
-117 426
-117 426
-117 426
9 154

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Krakow , Poland
-₽13592
₽23783
₽39125
₽3879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
20 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
27 236
Employee
32 466
-
73 482
-
pensions
3 656
-
7 264
-
income
4 454
-
13 383
-
health
3 718
-
8 414
-
total
11 828
-
29 061
-
Employer
32 466
-
73 482
-
pensions
5 279
-
10 490
-
accident
542
-
1 227
-
unemployment
796
-
1 800
-
total
6 617
-
13 517
-
Corporate
47 917
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.

43 126
78 300
-
-
total
43 126
78 300
-
-
Dividends
4 792
8 700
-
-
withholding
911
1 653
-
-
total
911
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
62 482
79 953
42 578
27 236
After tax
24 518
7 047
44 422
59 764
Living cost
20 639
20 639
20 639
20 639
Free-cash
3 879
-13 592
23 783
39 125

Estimated living cost  is ₽20639 per week

₽15023
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.
₽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.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Helsinki , Finland
₽22344
₽14151
₽26520
₽19594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 019
total
-
-
-
24 456
Employee
49 366
-
73 188
-
municipal
8 086
-
11 955
-
unemployment
741
-
1 099
-
pensions
3 332
-
4 939
-
national
816
-
4 288
-
health
369
-
735
-
total
13 344
-
23 016
-
Employer
49 366
-
73 188
-
health
379
-
563
-
pensions
8 565
-
12 698
-
accident
50
-
73
-
unemployment
321
-
475
-
total
9 315
-
13 809
-
Corporate
28 319
87 000
-
-
income
5 664
17 400
-
-
total
5 664
17 400
-
-
Dividends

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

16 992
52 200
-
-
municipal
3 059
9 396
-
-
national
-
1 836
-
-
total
3 059
11 232
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 382
28 632
36 825
24 456
After tax
55 618
58 368
50 175
62 544
Living cost
36 024
36 024
36 024
36 024
Free-cash
19 594
22 344
14 151
26 520

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Larnaca , Cyprus
₽41999
₽40837
₽40924
₽36891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 561
social contributions
-
-
-
13 572
health
-
-
-
2 219
total
-
-
-
24 352
Employee
72 151
72 151
78 982
-
social contributions
2 728
5 988
6 556
-
income
7 856
6 679
8 522
-
health
559
1 227
1 343
-
total
11 143
13 894
16 421
-
Employer
72 151
72 151
78 982
-
health
607
1 335
1 462
-
social contributions
2 728
5 988
6 556
-
total
3 335
7 323
8 018
-
Corporate
50 798
7 525
-
-
income
6 350
940
-
-
total
6 350
940
-
-
Dividends
44 448
6 585
-
-
withholding
7 557
1 120
-
-
total
7 557
1 120
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 385
23 277
24 439
24 352
After tax
58 615
63 723
62 561
62 648
Living cost
21 724
21 724
21 724
21 724
Free-cash
36 891
41 999
40 837
40 924

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Podgorica , Montenegro
₽57148
₽38786
₽54506
₽52373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
87 000
income
-
-
-
8 205
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
17 597
Employee

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

21 537
-
78 877
-
unemployment
107
-
394
-
pensions
3 230
-
11 832
-
income
1 473
-
6 263
-
health
1 830
-
6 704
-
total
6 640
-
25 193
-
Employer

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

21 537
-
78 877
-
health
926
-
3 392
-
pensions
1 184
-
4 338
-
unemployment
107
-
394
-
total
2 217
-
8 124
-
Corporate
63 246
87 000
-
-
income
5 693
7 829
-
-
total
5 693
7 829
-
-
Dividends
57 553
79 171
-
-
withholding
5 180
7 126
-
-
total
5 180
7 126
-
-
Income
87 000
87 000
87 000
87 000
Total tax
19 730
14 955
33 317
17 597
After tax
67 270
72 045
53 683
69 403
Living cost
14 897
14 897
14 897
14 897
Free-cash
52 373
57 148
38 786
54 506

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Valencia , Spain
₽32833
₽20711
₽20101
₽27910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 006
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
41 097
Employee
34 695
-
65 969
-
other
34
-
66
-
unemployment
538
-
1 022
-
pensions
1 631
-
3 100
-
income
6 689
-
15 268
-
total
8 892
-
19 456
-
Employer
34 695
-
65 969
-
pensions
8 187
-
15 568
-
accident
687
-
1 307
-
unemployment
1 909
-
3 629
-
other
278
-
527
-
total
11 061
-
21 031
-
Corporate
41 244
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.

6 186
13 050
-
-
total
6 186
13 050
-
-
Dividends
35 058
73 950
-
-
withholding
7 149
15 315
-
-
total
7 149
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 288
28 365
40 487
41 097
After tax
53 712
58 635
46 513
45 903
Living cost
25 802
25 802
25 802
25 802
Free-cash
27 910
32 833
20 711
20 101

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽52388
₽53399
₽53534
₽52076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
29 175
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
31 566
Employee
2 894
-
85 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
29 102
-
health
145
-
347
-
total
994
-
30 142
-
Employer
2 894
-
85 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
83 454
87 000
-
-
income
18 360
19 140
-
-
total
18 360
19 140
-
-
Dividends
65 094
67 860
-
-
withholding
13 019
13 572
-
-
total
13 019
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 024
32 712
31 701
31 566
After tax
53 976
54 288
55 299
55 434
Living cost
1 900
1 900
1 900
1 900
Free-cash
52 076
52 388
53 399
53 534

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Belgrade , Serbia
₽46661
₽29026
₽29026
₽42053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
income
-
-
-
15 616
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
41 778
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.

24 423
-
74 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
15 616
-
health
1 258
-
3 564
-
total
8 227
-
29 389
-
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.

24 423
-
74 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
58 205
87 000
-
-
income
8 731
13 050
-
-
total
8 731
13 050
-
-
Dividends
49 474
73 950
-
-
withholding
7 421
11 093
-
-
total
7 421
11 093
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 751
24 143
41 778
41 778
After tax
58 249
62 857
45 222
45 222
Living cost
16 196
16 196
16 196
16 196
Free-cash
42 053
46 661
29 026
29 026

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Porto , Portugal
₽24188
₽19479
₽23613
₽23852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income
-
-
-
7 858
surtax
-
-
-
-
social contributions

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

-
-
-
30 233
total
-
-
-
38 091
Employee
36 418
-
70 303
-
surtax
-
-
-
-
social contributions
4 006
-
7 733
-
income
7 116
-
17 795
-
total
11 122
-
25 528
-
Employer
36 418
-
70 303
-
social contributions
8 648
-
16 697
-
total
8 648
-
16 697
-
Corporate
41 934
87 000
-
-
income
8 807
18 271
-
-
surtax
-
-
-
-
total
8 807
18 271
-
-
Dividends
33 127
68 729
-
-
withholding
9 275
19 245
-
-
total
9 275
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 852
37 516
42 225
38 091
After tax
49 148
49 484
44 775
48 909
Living cost
25 296
25 296
25 296
25 296
Free-cash
23 852
24 188
19 479
23 613

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Madrid , Spain
₽25659
₽13537
₽12927
₽18503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 006
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
41 097
Employee
45 316
-
65 969
-
other
45
-
66
-
unemployment
702
-
1 022
-
pensions
2 130
-
3 100
-
income
9 465
-
15 268
-
total
12 342
-
19 456
-
Employer
45 316
-
65 969
-
pensions
10 694
-
15 568
-
accident
897
-
1 307
-
unemployment
2 493
-
3 629
-
other
363
-
527
-
total
14 447
-
21 031
-
Corporate
27 236
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.

4 085
13 050
-
-
total
4 085
13 050
-
-
Dividends
23 152
73 950
-
-
withholding
4 647
15 315
-
-
total
4 647
15 315
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 521
28 365
40 487
41 097
After tax
51 479
58 635
46 513
45 903
Living cost
32 976
32 976
32 976
32 976
Free-cash
18 503
25 659
13 537
12 927

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₽58248
₽51633
₽49064
₽52530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
13 050
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
21 799
Employee
21 368
-
80 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
8 057
-
health
983
-
1 507
-
total
5 231
-
12 801
-
Employer
21 368
-
80 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
61 440
87 000
-
-
income
6 144
8 700
-
-
total
6 144
8 700
-
-
Dividends
55 296
78 300
-
-
withholding
2 765
3 915
-
-
total
2 765
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 333
12 615
19 230
21 799
After tax
68 667
74 385
67 770
65 201
Living cost
16 137
16 137
16 137
16 137
Free-cash
52 530
58 248
51 633
49 064

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Berlin , Germany
₽8677
₽26500
₽20275
₽20952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
87 000
income

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

-
-
-
16 934
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.

-
-
-
931
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.

-
-
-
6 410
trade
-
-
-
6 225
total
-
-
-
30 500
Employee

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

46 686
-
87 000
-
surtax

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

212
-
931
-
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.

3 839
-
16 934
-
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.

6 410
-
6 410
-
total
10 461
-
24 275
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 314
87 000
-
-
income
6 047
13 050
-
-
surtax

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

333
718
-
-
chamber of commerce
201
271
-
-
trade
5 785
12 484
-
-
total
12 366
26 523
-
-
Dividends
27 947
60 478
-
-
surtax

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

365
812
-
-
withholding
6 631
14 763
-
-
total
6 996
15 575
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 823
42 098
24 275
30 500
After tax
57 177
44 902
62 725
56 500
Living cost
36 225
36 225
36 225
36 225
Free-cash
20 952
8 677
26 500
20 275

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Dublin , Ireland
₽7450
₽6666
₽6666
₽9521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
19 291
social contributions
-
-
-
7 593
total
-
-
-
26 884
Employee
73 396
-
87 000
-
income
13 850
-
19 291
-
social contributions
6 098
-
7 593
-
total
19 948
-
26 884
-
Employer
73 396
-
87 000
-
total
-
-
-
-
Corporate
13 604
87 000
-
-
income
1 700
10 874
-
-
total
1 700
10 874
-
-
Dividends
11 903
76 126
-
-
withholding
2 381
15 226
-
-
total
2 381
15 226
-
-
Income
87 000
87 000
87 000
87 000
Total tax
24 029
26 100
26 884
26 884
After tax
62 971
60 900
60 116
60 116
Living cost
53 450
53 450
53 450
53 450
Free-cash
9 521
7 450
6 666
6 666

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Sliema , Malta
₽17532
₽29727
₽20543
₽21901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
82 684
-
income
4 671
-
14 580
-
social contributions
4 313
-
4 316
-
total
8 984
-
18 896
-
Employer
43 044
-
82 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
39 643
87 000
-
-
income
13 875
30 450
-
-
total
13 875
30 450
-
-
Dividends
25 769
56 550
-
-
social contributions
3 866
4 957
-
-
total
3 866
4 957
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 038
35 407
23 212
32 396
After tax
55 962
51 593
63 788
54 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
21 901
17 532
29 727
20 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽30370
₽19894
₽29106
₽25081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
16 813
pensions
-
-
-
6 265
total
-
-
-
23 078
Employee
47 789
-
76 722
-
pensions
3 648
-
7 120
-
income
8 703
-
13 678
-
health
623
-
1 216
-
total
12 974
-
22 014
-
Employer
47 789
-
76 722
-
health
908
-
1 457
-
pensions
4 828
-
8 820
-
total
5 736
-
10 277
-
Corporate
33 474
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.

6 360
16 530
-
-
total
6 360
16 530
-
-
Dividends
27 114
70 470
-
-
withholding
2 033
5 284
-
-
total
2 033
5 284
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 103
21 814
32 291
23 078
After tax
59 897
65 186
54 709
63 922
Living cost
34 815
34 815
34 815
34 815
Free-cash
25 081
30 370
19 894
29 106

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

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.

Warsaw , Poland
-₽15635
₽21740
₽37082
₽3568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
20 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
27 236
Employee
35 680
-
73 482
-
pensions
4 018
-
7 264
-
income
4 895
-
13 383
-
health
4 085
-
8 414
-
total
12 998
-
29 061
-
Employer
35 680
-
73 482
-
pensions
5 801
-
10 490
-
accident
596
-
1 227
-
unemployment
874
-
1 800
-
total
7 271
-
13 517
-
Corporate
44 049
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.

39 644
78 300
-
-
total
39 644
78 300
-
-
Dividends
4 405
8 700
-
-
withholding
837
1 653
-
-
total
837
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
60 750
79 953
42 578
27 236
After tax
26 250
7 047
44 422
59 764
Living cost
22 682
22 682
22 682
22 682
Free-cash
3 568
-15 635
21 740
37 082

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
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.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Skopje , Macedonia
₽60533
₽40526
₽37238
₽56710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 160
unemployment
-
-
-
1 044
work injury
-
-
-
435
health insurance
-
-
-
6 438
pensions
-
-
-
16 008
total
-
-
-
37 085
Employee

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

20 283
-
87 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
13 160
-
total
7 605
-
33 797
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 717
87 000
-
-
income

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

-
870
-
-
total
-
870
-
-
Dividends
66 717
86 130
-
-
withholding
10 008
12 920
-
-
total
10 008
12 920
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 613
13 790
33 797
37 085
After tax
69 387
73 210
53 203
49 915
Living cost
12 677
12 677
12 677
12 677
Free-cash
56 710
60 533
40 526
37 238

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Rome , Italy
₽8448
₽3006
₽6983
₽4178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 674
municipal
-
-
-
582
national
-
-
-
18 004
total
-
-
-
42 637
Employee
79 067
-
87 000
-
municipal
472
-
518
-
national
13 362
-
15 360
-
regional
1 194
-
1 400
-
social contributions
26 661
-
29 336
-
total
41 689
-
46 614
-
Employer
79 067
-
87 000
-
total
-
-
-
-
Corporate
7 933
87 000
-
-
municipal
383
4 193
-
-
nationa
1 903
20 879
-
-
total
2 286
25 072
-
-
Dividends
5 646
61 927
-
-
withholding
1 467
16 100
-
-
total
1 467
16 100
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 442
41 172
46 614
42 637
After tax
41 558
45 828
40 386
44 363
Living cost
37 380
37 380
37 380
37 380
Free-cash
4 178
8 448
3 006
6 983

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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