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
₽13461
₽24625
₽26553
₽32865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 312
income

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

-
-
-
15 805
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.

-
-
-
6 894
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.

-
-
-
869
total
-
-
-
29 880
Employee

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

38 599
-
87 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
869
-
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.

1 078
-
15 805
-
total
8 031
-
23 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 401
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.

400
718
-
-
income
7 260
13 050
-
-
trade
7 624
13 703
-
-
chamber of commerce
222
278
-
-
total
15 506
27 749
-
-
Dividends
32 894
59 252
-
-
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.

431
793
-
-
withholding
7 840
14 430
-
-
total
8 271
15 223
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 808
42 972
23 568
29 880
After tax
55 192
44 028
63 432
57 120
Living cost
30 567
30 567
30 567
30 567
Free-cash
24 625
13 461
32 865
26 553

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽3294
₽776
₽1960
₽2642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
8 892
pensions
-
-
-
10 440
national
-
-
-
13 779
social contributions
-
-
-
935
total
-
-
-
34 046
Employee
79 050
-
75 211
-
municipal
9 764
-
9 229
-
pensions
3 162
-
3 008
-
national
15 130
-
14 301
-
total
28 056
-
26 538
-
Employer
79 050
-
75 211
-
social contributions
850
-
809
-
pensions
6 324
-
6 017
-
total
7 174
-
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
35 230
32 712
33 364
34 046
After tax
51 770
54 288
53 636
52 954
Living cost
50 994
50 994
50 994
50 994
Free-cash
776
3 294
2 642
1 960

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽48604
₽40328
₽25608
₽28202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
12 427
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
total
-
-
-
40 397
Employee
29 489
-
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.

3 244
-
7 712
-
surtax
-
-
-
-
income
5 249
-
13 202
-
total
8 493
-
20 914
-
Employer
29 489
-
70 111
-
social contributions

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

7 103
-
16 889
-
surtax
-
-
-
-
total
7 103
-
16 889
-
Corporate
50 408
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%.

10 081
17 401
-
-
total
10 081
17 401
-
-
Dividends

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

40 327
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
25 677
17 401
37 803
40 397
After tax
61 323
69 599
49 197
46 603
Living cost
20 995
20 995
20 995
20 995
Free-cash
40 328
48 604
28 202
25 608

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽7547
-₽13212
₽7185
-₽13212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
14 418
pensions
-
-
-
11 824
health
-
-
-
11 297
total
-
-
-
37 539
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
57 936
52 271
57 936
37 539
After tax
29 064
34 729
29 064
49 461
Living cost
42 276
42 276
42 276
42 276
Free-cash
-13 212
-7 547
-13 212
7 185

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽8510
₽7635
₽4690
₽7468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
18 561
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
43 318
Employee
55 560
-
66 200
-
municipal
16 568
-
19 741
-
national
-
-
-
-
total
16 568
-
19 741
-
Employer
55 560
-
66 200
-
accident
111
-
132
-
other
6 456
-
7 692
-
unemployment
1 467
-
1 748
-
pensions
6 006
-
7 156
-
health
3 417
-
4 071
-
total
17 457
-
20 799
-
Corporate
13 983
87 000
-
-
income
3 076
19 140
-
-
total
3 076
19 140
-
-
Dividends
10 907
67 860
-
-
withholding
3 272
20 358
-
-
total
3 272
20 358
-
-
Income
87 000
87 000
87 000
87 000
Total tax
40 373
39 498
40 540
43 318
After tax
46 627
47 502
46 460
43 682
Living cost
38 992
38 992
38 992
38 992
Free-cash
7 635
8 510
7 468
4 690

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽3935
₽18116
₽17193
₽23787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 594
income

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

-
-
-
15 805
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.

-
-
-
6 894
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.

-
-
-
869
total
-
-
-
30 162
Employee

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

51 178
-
87 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
869
-
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.

4 397
-
15 805
-
total
11 532
-
23 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 822
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.

295
718
-
-
income
5 374
13 050
-
-
trade
5 893
14 312
-
-
chamber of commerce
205
278
-
-
total
11 767
28 358
-
-
Dividends
24 056
58 643
-
-
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.

310
785
-
-
withholding
5 630
14 277
-
-
total
5 940
15 062
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 239
43 420
23 568
30 162
After tax
57 761
43 580
63 432
56 838
Living cost
39 645
39 645
39 645
39 645
Free-cash
18 116
3 935
23 787
17 193

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽31029
₽26844
₽30884
₽30799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 593
health
-
-
-
2 218
social contributions
-
-
-
13 572
total
-
-
-
23 383
Employee
77 601
77 601
78 983
-
social contributions
3 771
6 441
6 555
-
health
772
1 320
1 342
-
income
8 149
7 184
7 555
-
total
12 692
14 945
15 452
-
Employer
77 601
77 601
78 983
-
social contributions
3 771
6 441
6 555
-
health
841
1 436
1 461
-
total
4 612
7 877
8 016
-
Corporate
36 964
1 522
-
-
income
4 621
190
-
-
total
4 621
190
-
-
Dividends
32 343
1 332
-
-
withholding
5 498
226
-
-
total
5 498
226
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 423
23 238
23 468
23 383
After tax
59 577
63 762
63 532
63 617
Living cost
32 733
32 733
32 733
32 733
Free-cash
26 844
31 029
30 799
30 884

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽30727
₽31109
₽41933
₽32099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
72 803
-
health
1 853
737
5 096
-
income
3 236
1 288
8 900
-
pensions
2 647
1 053
7 280
-
unemployment
397
158
1 092
-
total
8 133
3 236
22 368
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
72 803
-
pensions
5 161
2 054
14 197
-
total
5 161
2 054
14 197
-
Corporate
55 370
74 412
-
-
income
4 983
6 697
-
-
total
4 983
6 697
-
-
Dividends
50 387
67 715
-
-
social contributions
9 705
13 084
-
-
withholding
9 573
12 866
-
-
total
19 278
25 950
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 555
37 937
36 565
26 731
After tax
49 445
49 063
50 435
60 269
Living cost
18 336
18 336
18 336
18 336
Free-cash
31 109
30 727
32 099
41 933

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽45224
₽38956
₽22258
₽25771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 657
pensions
-
-
-
17 399
health
-
-
-
11 311
total
-
-
-
40 367
Employee
28 629
-
65 022
-
income
3 223
-
12 536
-
pensions
573
-
1 300
-
unemployment
458
-
1 040
-
total
4 254
-
14 876
-
Employer
28 629
-
65 022
-
unemployment
230
-
521
-
pensions
5 726
-
13 004
-
health
3 721
-
8 453
-
total
9 677
-
21 978
-
Corporate
48 694
87 000
-
-
income
9 738
17 401
-
-
total
9 738
17 401
-
-
Dividends
38 956
69 599
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 669
17 401
36 854
40 367
After tax
63 331
69 599
50 146
46 633
Living cost
24 375
24 375
24 375
24 375
Free-cash
38 956
45 224
25 771
22 258

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽15025
₽3661
₽37725
₽22033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
20 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 203
Employee
34 721
-
72 942
-
health
3 975
-
8 352
-
income
4 763
-
12 831
-
pensions
3 910
-
7 654
-
total
12 648
-
28 837
-
Employer
34 721
-
72 942
-
accident
580
-
1 218
-
unemployment
851
-
1 787
-
pensions
5 646
-
11 053
-
total
7 077
-
14 058
-
Corporate
45 203
87 000
-
-
income

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

40 683
78 300
-
-
total
40 683
78 300
-
-
Dividends
4 521
8 700
-
-
withholding
859
1 653
-
-
total
859
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
61 267
79 953
42 895
27 203
After tax
25 733
7 047
44 105
59 797
Living cost
22 072
22 072
22 072
22 072
Free-cash
3 661
-15 025
22 033
37 725

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽73570
₽71868
₽77050
₽60520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
87 000
-
income
2 270
-
17 400
-
total
2 270
-
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%.

75 651
87 000
-
-
total
-
-
-
-
Dividends
75 651
87 000
-
-
withholding
3 782
4 350
-
-
total
3 782
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
6 052
4 350
17 400
870
After tax
80 948
82 650
69 600
86 130
Living cost
9 080
9 080
9 080
9 080
Free-cash
71 868
73 570
60 520
77 050

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽37028
₽30215
₽20218
₽24108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
20 880
other
-
-
-
4 133
health
-
-
-
3 828
total
-
-
-
39 891
Employee
36 642
-
69 486
-
health
513
-
973
-
income
6 308
-
11 962
-
pensions

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

2 564
-
4 862
-
unemployment
366
-
695
-
total
9 751
-
18 492
-
Employer
36 642
-
69 486
-
accident
293
-
555
-
other
1 833
-
3 474
-
unemployment
366
-
695
-
pensions

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

6 230
-
11 812
-
health
513
-
973
-
total
9 235
-
17 509
-
Corporate
41 123
87 000
-
-
income
8 635
18 270
-
-
total
8 635
18 270
-
-
Dividends
32 488
68 730
-
-
withholding
2 273
4 811
-
-
total
2 273
4 811
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 894
23 081
36 001
39 891
After tax
57 106
63 919
50 999
47 109
Living cost
26 891
26 891
26 891
26 891
Free-cash
30 215
37 028
24 108
20 218

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽2542
-₽21956
-₽3037
-₽12779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 171
pensions
-
-
-
6 140
total
-
-
-
22 311
Employee
95 822
-
76 844
-
health
1 579
-
1 191
-
income
17 273
-
13 738
-
pensions
9 244
-
6 967
-
total
28 096
-
21 896
-
Employer
95 822
-
76 844
-
pensions
11 314
-
8 696
-
health
1 820
-
1 461
-
total
13 134
-
10 157
-
Corporate
-
87 000
-
-
income

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

-
16 530
-
-
total
-
16 530
-
-
Dividends
-
70 470
-
-
withholding
-
5 286
-
-
total
-
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
41 230
21 816
32 053
22 311
After tax
45 770
65 184
54 947
64 689
Living cost
67 726
67 726
67 726
67 726
Free-cash
-21 956
-2 542
-12 779
-3 037

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽61146
₽56455
₽51294
₽53725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 467
Employee
17 531
-
80 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
13 115
-
Employer
17 531
-
80 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
66 029
87 000
-
-
income
6 603
8 700
-
-
total
6 603
8 700
-
-
Dividends
59 427
78 300
-
-
withholding
2 972
3 915
-
-
total
2 972
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 306
12 615
20 036
22 467
After tax
69 694
74 385
66 964
64 533
Living cost
13 239
13 239
13 239
13 239
Free-cash
56 455
61 146
53 725
51 294

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽21232
-₽22946
-₽6500
-₽26897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
14 418
pensions
-
-
-
11 824
health
-
-
-
11 297
total
-
-
-
37 539
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
53 985
52 271
57 936
37 539
After tax
33 015
34 729
29 064
49 461
Living cost
55 961
55 961
55 961
55 961
Free-cash
-22 946
-21 232
-26 897
-6 500

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽35729
₽27107
₽18202
₽19979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 745
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 404
total
-
-
-
44 627
Employee
35 546
-
64 925
-
social contributions
2 310
-
4 220
-
health
4 799
-
8 765
-
solidarity contribution
-
-
-
-
income
4 265
-
7 791
-
total
11 374
-
20 776
-
Employer
35 546
-
64 925
-
social contributions
8 886
-
16 231
-
health
3 199
-
5 843
-
total
12 085
-
22 074
-
Corporate
39 369
87 000
-
-
income
7 480
16 530
-
-
total
7 480
16 530
-
-
Dividends
31 889
70 470
-
-
withholding
4 783
10 570
-
-
total
4 783
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 722
27 100
42 850
44 627
After tax
51 278
59 900
44 150
42 373
Living cost
24 171
24 171
24 171
24 171
Free-cash
27 107
35 729
19 979
18 202

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽3833
-₽2689
₽3077
-₽1063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
517
regional
-
-
-
936
national
-
-
-
17 510
social contributions
-
-
-
22 376
total
-
-
-
41 339
Employee
89 690
-
87 000
-
social contributions
30 243
-
29 336
-
regional
846
-
816
-
municipal
475
-
462
-
national
15 541
-
14 865
-
total
47 105
-
45 479
-
Employer
89 690
-
87 000
-
total
-
-
-
-
Corporate
-
87 000
-
-
nationa
-
20 880
-
-
municipal
-
3 394
-
-
total
-
24 274
-
-
Dividends
-
62 726
-
-
withholding
-
16 309
-
-
total
-
16 309
-
-
Income
87 000
87 000
87 000
87 000
Total tax
47 105
40 583
45 479
41 339
After tax
39 895
46 417
41 521
45 661
Living cost
42 584
42 584
42 584
42 584
Free-cash
-2 689
3 833
-1 063
3 077

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽32454
₽29313
₽23918
₽22249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 338
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 176
surtax
-
-
-
1 668
total
-
-
-
40 813
Employee
33 373
-
71 871
-
other
-
-
-
-
health
852
-
1 833
-
surtax
109
-
1 477
-
income
5 594
-
14 247
-
pensions
2 225
-
4 794
-
unemployment
2 323
-
5 002
-
total
11 103
-
27 353
-
Employer
33 373
-
71 871
-
other
-
-
-
-
unemployment
1 057
-
2 279
-
pensions
4 449
-
9 579
-
health
1 519
-
3 271
-
total
7 025
-
15 129
-
Corporate
46 602
87 000
-
-
income
12 117
22 619
-
-
total
12 117
22 619
-
-
Dividends
34 485
64 381
-
-
withholding
5 173
9 658
-
-
total
5 173
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 418
32 277
42 482
40 813
After tax
51 582
54 723
44 518
46 187
Living cost
22 269
22 269
22 269
22 269
Free-cash
29 313
32 454
22 249
23 918

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽18915
₽10945
₽18420
₽8678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 171
pensions
-
-
-
6 140
total
-
-
-
22 311
Employee
64 218
-
76 844
-
health
932
-
1 191
-
income
11 566
-
13 738
-
pensions
5 451
-
6 967
-
total
17 949
-
21 896
-
Employer
64 218
-
76 844
-
pensions
6 952
-
8 696
-
health
1 220
-
1 461
-
total
8 172
-
10 157
-
Corporate
14 611
87 000
-
-
income

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

2 777
16 530
-
-
total
2 777
16 530
-
-
Dividends
11 834
70 470
-
-
withholding
888
5 286
-
-
total
888
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 786
21 816
32 053
22 311
After tax
57 214
65 184
54 947
64 689
Living cost
46 269
46 269
46 269
46 269
Free-cash
10 945
18 915
8 678
18 420

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽36492
-₽10764
-₽3284
-₽7735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
917
pensions
-
-
-
8 004
other

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

-
-
-
1 740
regional
-
-
-
2 709
health
-
-
-
249
national
-
-
-
391
total
-
-
-
14 010
Employee
89 260
-
77 871
-
city
958
-
836
-
regional
2 923
-
2 306
-
health
202
-
174
-
pensions
7 499
-
6 541
-
unemployment
-
-
-
-
national
422
-
332
-
total
12 004
-
10 189
-
Employer
89 260
-
77 871
-
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.

1 785
-
1 557
-
unemployment
-
-
-
-
pensions
7 499
-
6 541
-
health
202
-
174
-
total
9 486
-
8 272
-
Corporate
-
87 000
-
-
regional
-
18 401
-
-
national
-
7 395
-
-
total
-
25 796
-
-
Dividends
-
61 204
-
-
withholding
-
21 422
-
-
total
-
21 422
-
-
Income
87 000
87 000
87 000
87 000
Total tax
21 490
47 218
18 461
14 010
After tax
65 510
39 782
68 539
72 990
Living cost
76 274
76 274
76 274
76 274
Free-cash
-10 764
-36 492
-7 735
-3 284

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
-₽3100
₽13268
₽10328
₽17201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 873
income

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

-
-
-
15 805
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.

-
-
-
6 894
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.

-
-
-
869
total
-
-
-
30 441
Employee

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

60 650
-
87 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
869
-
income

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

7 132
-
15 805
-
total
14 419
-
23 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 350
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.

218
718
-
-
income
3 953
13 050
-
-
trade
4 520
14 921
-
-
chamber of commerce
190
276
-
-
total
8 881
28 965
-
-
Dividends
17 470
58 036
-
-
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.

218
778
-
-
withholding
3 983
14 126
-
-
total
4 201
14 904
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 501
43 869
23 568
30 441
After tax
59 499
43 131
63 432
56 559
Living cost
46 231
46 231
46 231
46 231
Free-cash
13 268
-3 100
17 201
10 328

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽9320
₽15282
₽15972
₽16068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 317
pensions
-
-
-
24 165
other
-
-
-
2 696
health
-
-
-
845
surtax
-
-
-
-
social contributions
-
-
-
2 478
total
-
-
-
36 501
Employee
43 191
-
66 296
-
social contributions
1 231
-
1 888
-
surtax
-
-
-
-
income
2 549
-
6 315
-
pensions
4 884
-
7 498
-
total
8 664
-
15 701
-
Employer
43 191
-
66 296
-
other
1 490
-
2 287
-
social contributions
130
-
199
-
unemployment
1 748
-
2 685
-
pensions
7 095
-
10 893
-
health
3 024
-
4 640
-
total
13 487
-
20 704
-
Corporate
30 320
87 000
-
-
surtax
-
-
-
-
income
8 490
24 360
-
-
total
8 490
24 360
-
-
Dividends
21 831
62 640
-
-
surtax
-
-
-
-
social contributions
3 756
10 774
-
-
withholding
2 794
8 019
-
-
total
6 550
18 793
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 191
43 153
36 405
36 501
After tax
49 809
43 847
50 595
50 499
Living cost
34 527
34 527
34 527
34 527
Free-cash
15 282
9 320
16 068
15 972

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽12740
₽18350
₽19392
₽19488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 317
pensions
-
-
-
24 165
other
-
-
-
2 696
health
-
-
-
845
surtax
-
-
-
-
social contributions
-
-
-
2 478
total
-
-
-
36 501
Employee
38 554
-
66 296
-
social contributions
1 099
-
1 888
-
surtax
-
-
-
-
income
1 988
-
6 315
-
pensions
4 361
-
7 498
-
total
7 448
-
15 701
-
Employer
38 554
-
66 296
-
other
1 331
-
2 287
-
social contributions
115
-
199
-
unemployment
1 561
-
2 685
-
pensions
6 335
-
10 893
-
health
2 698
-
4 640
-
total
12 040
-
20 704
-
Corporate
36 405
87 000
-
-
surtax
-
-
-
-
income
10 194
24 360
-
-
total
10 194
24 360
-
-
Dividends
26 211
62 640
-
-
surtax
-
-
-
-
social contributions
4 506
10 774
-
-
withholding
3 355
8 019
-
-
total
7 861
18 793
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 543
43 153
36 405
36 501
After tax
49 457
43 847
50 595
50 499
Living cost
31 107
31 107
31 107
31 107
Free-cash
18 350
12 740
19 488
19 392

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽31680
₽32203
₽34472
₽35344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 073
social contributions
-
-
-
12 006
total
-
-
-
31 129
Employee
34 217
-
87 000
-
social contributions
4 723
-
12 006
-
health
2 388
-
6 073
-
income
5 707
-
12 178
-
total
12 818
-
30 257
-
Employer
34 217
-
87 000
-
total
-
-
-
-
Corporate
52 783
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%.

2 639
4 349
-
-
total
2 639
4 349
-
-
Dividends
50 144
82 651
-
-
health
3 501
5 768
-
-
social contributions
6 919
11 406
-
-
withholding
7 521
12 398
-
-
total
17 941
29 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 398
33 921
30 257
31 129
After tax
53 602
53 079
56 743
55 871
Living cost
21 399
21 399
21 399
21 399
Free-cash
32 203
31 680
35 344
34 472

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽13443
₽11880
₽10090
-₽6862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
349
income
-
-
-
11 862
pensions
-
-
-
16 095
unemployment
-
-
-
6 190
health
-
-
-
6 655
surtax
-
-
-
199
total
-
-
-
41 350
Employee
50 434
40 217
67 401
-
other
504
402
674
-
health
1 952
1 557
2 608
-
income
5 742
2 967
10 604
-
pensions
5 165
4 117
6 902
-
unemployment
1 513
1 207
2 022
-
total
14 876
10 250
22 810
-
Employer
50 434
40 217
67 401
-
accident
655
523
877
-
other
2 396
1 909
3 202
-
chamber of commerce
201
161
270
-
unemployment
1 513
1 207
2 022
-
surtax
199
199
199
-
pensions
6 329
5 048
8 459
-
payroll
1 513
1 207
2 022
-
health
1 906
1 521
2 547
-
total
14 712
11 775
19 598
-
Corporate
21 854
35 009
63 571
-
income

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

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

5 464
8 752
15 894
-
total
5 464
8 752
15 894
-
Dividends
16 390
26 256
-
-
withholding
4 508
7 220
-
-
total
4 508
7 220
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 560
37 997
58 302
41 350
After tax
47 440
49 003
28 698
45 650
Living cost
35 560
35 560
35 560
35 560
Free-cash
11 880
13 443
-6 862
10 090

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽12047
-₽6199
₽5598
-₽2046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
27 335
communal

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

-
-
-
4 451
social contributions
-
-
-
12 820
total
-
-
-
44 606
Employee

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

72 187
-
67 383
-
communal

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

3 765
-
3 514
-
health

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

3 392
-
3 168
-
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.

5 414
-
5 054
-
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.

628
-
586
-
national
22 193
-
20 313
-
total
35 392
-
32 635
-
Employer

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

72 187
-
67 383
-
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.

938
-
877
-
unemployment

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

1 053
-
984
-
surtax
8 185
-
7 641
-
pensions

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

6 396
-
5 969
-
health

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

4 439
-
4 144
-
total
21 011
-
19 615
-
Corporate
-
87 000
-
-
surtax
-
349
-
-
income
-
17 401
-
-
total
-
17 750
-
-
Dividends
-
69 251
-
-
withholding

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

-
20 407
-
-
total
-
20 407
-
-
Income
87 000
87 000
87 000
87 000
Total tax
56 403
38 157
52 250
44 606
After tax
30 597
48 843
34 750
42 394
Living cost
36 796
36 796
36 796
36 796
Free-cash
-6 199
12 047
-2 046
5 598

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽22204
₽14166
₽9698
₽10316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 757
pensions
-
-
-
24 621
other
-
-
-
86
unemployment
-
-
-
609
total
-
-
-
40 856
Employee
50 235
-
65 966
-
other
50
-
65
-
income
10 599
-
15 019
-
pensions
2 361
-
3 101
-
unemployment
779
-
1 023
-
total
13 789
-
19 208
-
Employer
50 235
-
65 966
-
accident
994
-
1 306
-
other
400
-
529
-
unemployment
2 764
-
3 627
-
pensions
11 855
-
15 568
-
total
16 013
-
21 030
-
Corporate
20 753
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.

3 112
13 050
-
-
total
3 112
13 050
-
-
Dividends
17 641
73 950
-
-
withholding
3 474
15 300
-
-
total
3 474
15 300
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 388
28 350
40 238
40 856
After tax
50 612
58 650
46 762
46 144
Living cost
36 446
36 446
36 446
36 446
Free-cash
14 166
22 204
10 316
9 698

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽1210
-₽7438
-₽3524
₽737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
733
income
-
-
-
5 984
pensions
-
-
-
13 040
health
-
-
-
6 113
surtax
-
-
-
4 313
communal
-
-
-
5 498
total
-
-
-
35 681
Employee
76 425
-
77 716
-
health
3 401
-
3 457
-
surtax
4 684
-
4 763
-
income
7 382
-
7 700
-
pensions
6 113
-
6 216
-
total
21 580
-
22 136
-
Employer
76 425
-
77 716
-
accident
688
-
699
-
pensions
6 113
-
6 216
-
health
2 331
-
2 369
-
total
9 132
-
9 284
-
Corporate
1 444
87 000
-
-
surtax
15
914
-
-
communal
-
5 872
-
-
income
216
13 050
-
-
total
231
19 836
-
-
Dividends
1 212
67 165
-
-
income
8 470
3 456
-
-
withholding
182
10 075
-
-
total
8 652
13 531
-
-
Income
87 000
87 000
87 000
87 000
Total tax
39 595
33 367
31 420
35 681
After tax
47 405
53 633
55 580
51 319
Living cost
54 843
54 843
54 843
54 843
Free-cash
-7 438
-1 210
737
-3 524

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽32056
₽28848
₽23520
₽21851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 338
pensions
-
-
-
17 401
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 176
surtax
-
-
-
1 668
total
-
-
-
40 813
Employee
33 986
-
71 871
-
other
-
-
-
-
health
868
-
1 833
-
surtax
121
-
1 477
-
income
5 697
-
14 247
-
pensions
2 267
-
4 794
-
unemployment
2 365
-
5 002
-
total
11 318
-
27 353
-
Employer
33 986
-
71 871
-
other
-
-
-
-
unemployment
1 078
-
2 279
-
pensions
4 531
-
9 579
-
health
1 545
-
3 271
-
total
7 154
-
15 129
-
Corporate
45 859
87 000
-
-
income
11 923
22 619
-
-
total
11 923
22 619
-
-
Dividends
33 936
64 381
-
-
withholding
5 090
9 658
-
-
total
5 090
9 658
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 485
32 277
42 482
40 813
After tax
51 515
54 723
44 518
46 187
Living cost
22 667
22 667
22 667
22 667
Free-cash
28 848
32 056
21 851
23 520

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽18545
₽16304
₽18099
₽13981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
517
regional
-
-
-
1 313
national
-
-
-
17 510
social contributions
-
-
-
22 376
total
-
-
-
41 716
Employee
55 981
-
87 000
-
social contributions
18 877
-
29 336
-
regional
754
-
1 171
-
municipal
297
-
462
-
national
8 869
-
14 865
-
total
28 797
-
45 834
-
Employer
55 981
-
87 000
-
total
-
-
-
-
Corporate
31 019
87 000
-
-
nationa
7 444
20 880
-
-
municipal
1 542
4 324
-
-
total
8 986
25 204
-
-
Dividends
22 033
61 795
-
-
withholding
5 728
16 066
-
-
total
5 728
16 066
-
-
Income
87 000
87 000
87 000
87 000
Total tax
43 511
41 270
45 834
41 716
After tax
43 489
45 730
41 166
45 284
Living cost
27 185
27 185
27 185
27 185
Free-cash
16 304
18 545
13 981
18 099

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽30115
₽19490
₽12588
₽14365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 745
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 404
total
-
-
-
44 627
Employee
43 801
-
64 925
-
social contributions
2 847
-
4 220
-
health
5 913
-
8 765
-
solidarity contribution
-
-
-
-
income
5 256
-
7 791
-
total
14 016
-
20 776
-
Employer
43 801
-
64 925
-
social contributions
10 950
-
16 231
-
health
3 942
-
5 843
-
total
14 892
-
22 074
-
Corporate
28 306
87 000
-
-
income
5 378
16 530
-
-
total
5 378
16 530
-
-
Dividends
22 928
70 470
-
-
withholding
3 439
10 570
-
-
total
3 439
10 570
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 725
27 100
42 850
44 627
After tax
49 275
59 900
44 150
42 373
Living cost
29 785
29 785
29 785
29 785
Free-cash
19 490
30 115
14 365
12 588

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽16913
₽16418
₽13652
-₽3454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
349
income
-
-
-
11 862
pensions
-
-
-
16 095
unemployment
-
-
-
6 190
health
-
-
-
6 655
surtax
-
-
-
-
total
-
-
-
41 151
Employee
44 114
40 217
67 558
-
other
440
402
676
-
health
1 706
1 557
2 614
-
income
3 930
2 967
10 650
-
pensions
4 518
4 117
6 917
-
unemployment
1 323
1 207
2 026
-
total
11 917
10 250
22 883
-
Employer
44 114
40 217
67 558
-
accident
573
523
879
-
other
2 095
1 909
3 210
-
chamber of commerce
176
161
270
-
unemployment
1 323
1 207
2 026
-
surtax
-
-
-
-
pensions
5 537
5 048
8 478
-
payroll
1 323
1 207
2 026
-
health
1 668
1 521
2 553
-
total
12 695
11 576
19 442
-
Corporate
30 190
35 208
63 728
-
income

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

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

7 547
8 802
15 932
-
total
7 547
8 802
15 932
-
Dividends
22 643
26 406
-
-
withholding
6 226
7 262
-
-
total
6 226
7 262
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 385
37 890
58 257
41 151
After tax
48 615
49 110
28 743
45 849
Living cost
32 197
32 197
32 197
32 197
Free-cash
16 418
16 913
-3 454
13 652

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽68501
₽65848
₽71981
₽55451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
87 000
-
income
3 537
-
17 400
-
total
3 537
-
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%.

69 314
87 000
-
-
total
-
-
-
-
Dividends
69 314
87 000
-
-
withholding
3 466
4 350
-
-
total
3 466
4 350
-
-
Income
87 000
87 000
87 000
87 000
Total tax
7 003
4 350
17 400
870
After tax
79 997
82 650
69 600
86 130
Living cost
14 149
14 149
14 149
14 149
Free-cash
65 848
68 501
55 451
71 981

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽32831
₽24390
₽18553
₽16058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
87 000
income
-
-
-
16 799
pensions
-
-
-
15 888
unemployment
-
-
-
130
health
-
-
-
8 561
total
-
-
-
41 378
Employee

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

44 626
-
75 278
-
health
2 882
-
4 862
-
income
7 696
-
15 514
-
pensions
6 917
-
11 669
-
unemployment
63
-
105
-
total
17 558
-
32 150
-
Employer

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

44 626
-
75 278
-
unemployment
27
-
46
-
pensions
3 949
-
6 663
-
health
2 972
-
5 014
-
total
6 948
-
11 723
-
Corporate
35 426
87 000
-
-
income
6 732
16 529
-
-
total
6 732
16 529
-
-
Dividends
28 694
70 471
-
-
withholding
4 303
10 571
-
-
total
4 303
10 571
-
-
Income
87 000
87 000
87 000
87 000
Total tax
35 541
27 100
43 873
41 378
After tax
51 459
59 900
43 127
45 622
Living cost
27 069
27 069
27 069
27 069
Free-cash
24 390
32 831
16 058
18 553

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽9347
-₽63609
₽16540
₽30128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
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
107 025
34 069
13 288
26 876
After tax
-20 025
52 931
73 712
60 124
Living cost
43 584
43 584
43 584
43 584
Free-cash
-63 609
9 347
30 128
16 540

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽17830
₽16815
₽17414
₽13527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 699
surtax
-
-
-
-
social contributions

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

-
-
-
30 232
total
-
-
-
37 931
Employee
46 415
-
70 302
-
social contributions
5 106
-
7 733
-
surtax
-
-
-
-
income
9 654
-
17 389
-
total
14 760
-
25 122
-
Employer
46 415
-
70 302
-
social contributions
11 023
-
16 696
-
total
11 023
-
16 696
-
Corporate
29 562
87 000
-
-
surtax
-
-
-
-
income
6 209
18 270
-
-
total
6 209
18 270
-
-
Dividends
23 353
68 730
-
-
withholding
6 538
19 245
-
-
total
6 538
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
38 530
37 515
41 818
37 931
After tax
48 470
49 485
45 182
49 069
Living cost
31 655
31 655
31 655
31 655
Free-cash
16 815
17 830
13 527
17 414

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽4895
₽2043
₽1757
₽1853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
6 317
pensions
-
-
-
24 165
other
-
-
-
2 696
health
-
-
-
845
surtax
-
-
-
-
social contributions
-
-
-
2 478
total
-
-
-
36 501
Employee
63 207
-
66 296
-
social contributions
1 800
-
1 888
-
surtax
-
-
-
-
income
5 515
-
6 315
-
pensions
7 149
-
7 498
-
total
14 464
-
15 701
-
Employer
63 207
-
66 296
-
other
2 181
-
2 287
-
social contributions
190
-
199
-
unemployment
2 561
-
2 685
-
pensions
10 386
-
10 893
-
health
4 424
-
4 640
-
total
19 742
-
20 704
-
Corporate
4 052
87 000
-
-
surtax
-
-
-
-
income
1 134
24 360
-
-
total
1 134
24 360
-
-
Dividends
2 918
62 640
-
-
surtax
-
-
-
-
social contributions
502
10 774
-
-
withholding
373
8 019
-
-
total
875
18 793
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 215
43 153
36 405
36 501
After tax
50 785
43 847
50 595
50 499
Living cost
48 742
48 742
48 742
48 742
Free-cash
2 043
-4 895
1 853
1 757

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽47964
₽44574
₽36429
₽38868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 095
social contributions
-
-
-
19 140
total
-
-
-
20 235
Employee
32 444
-
75 325
-
income
-
-
1 224
-
social contributions
2 109
-
4 897
-
total
2 109
-
6 121
-
Employer
32 444
-
75 325
-
social contributions
5 029
-
11 675
-
total
5 029
-
11 675
-
Corporate
49 527
87 000
-
-
income
4 952
8 700
-
-
total
4 952
8 700
-
-
Dividends
44 574
78 300
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
12 090
8 700
17 796
20 235
After tax
74 910
78 300
69 204
66 765
Living cost
30 336
30 336
30 336
30 336
Free-cash
44 574
47 964
38 868
36 429

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽132973
-₽132973
₽5982
-₽132973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
15 616
pensions
-
-
-
875
national
-
-
-
9 014
labour market
-
-
-
6 890
total
-
-
-
32 395
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
87 000
87 000
87 000
87 000
Total tax
171 350
171 350
171 350
32 395
After tax
-84 350
-84 350
-84 350
54 605
Living cost
48 623
48 623
48 623
48 623
Free-cash
-132 973
-132 973
-132 973
5 982

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽14699
₽3712
₽38051
₽22359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
20 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 203
Employee
34 209
-
72 942
-
health
3 917
-
8 352
-
income
4 693
-
12 831
-
pensions
3 852
-
7 654
-
total
12 462
-
28 837
-
Employer
34 209
-
72 942
-
accident
571
-
1 218
-
unemployment
838
-
1 787
-
pensions
5 562
-
11 053
-
total
6 971
-
14 058
-
Corporate
45 820
87 000
-
-
income

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

41 238
78 300
-
-
total
41 238
78 300
-
-
Dividends
4 582
8 700
-
-
withholding
871
1 653
-
-
total
871
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
61 542
79 953
42 895
27 203
After tax
25 458
7 047
44 105
59 797
Living cost
21 746
21 746
21 746
21 746
Free-cash
3 712
-14 699
22 359
38 051

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽20163
₽16528
₽24591
₽11988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
15 495
health
-
-
-
919
national
-
-
-
7 250
total
-
-
-
23 664
Employee
53 095
-
73 190
-
health
396
-
707
-
municipal
8 697
-
11 960
-
pensions
3 583
-
4 941
-
unemployment
797
-
1 097
-
national
877
-
3 752
-
total
14 350
-
22 457
-
Employer
53 095
-
73 190
-
accident
54
-
73
-
unemployment
345
-
475
-
pensions
9 212
-
12 699
-
health
408
-
563
-
total
10 019
-
13 810
-
Corporate
23 887
87 000
-
-
income
4 778
17 401
-
-
total
4 778
17 401
-
-
Dividends

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

14 331
52 199
-
-
national
-
1 295
-
-
municipal
2 580
9 396
-
-
total
2 580
10 691
-
-
Income
87 000
87 000
87 000
87 000
Total tax
31 727
28 092
36 267
23 664
After tax
55 273
58 908
50 733
63 336
Living cost
38 745
38 745
38 745
38 745
Free-cash
16 528
20 163
11 988
24 591

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽40397
₽34907
₽40252
₽40167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 593
health
-
-
-
2 218
social contributions
-
-
-
13 572
total
-
-
-
23 383
Employee
77 601
77 601
78 983
-
social contributions
2 934
6 441
6 555
-
health
601
1 320
1 342
-
income
8 449
7 184
7 555
-
total
11 984
14 945
15 452
-
Employer
77 601
77 601
78 983
-
social contributions
2 934
6 441
6 555
-
health
653
1 436
1 461
-
total
3 587
7 877
8 016
-
Corporate
48 063
1 522
-
-
income
6 008
190
-
-
total
6 008
190
-
-
Dividends
42 055
1 332
-
-
withholding
7 149
226
-
-
total
7 149
226
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 728
23 238
23 468
23 383
After tax
58 272
63 762
63 532
63 617
Living cost
23 365
23 365
23 365
23 365
Free-cash
34 907
40 397
40 167
40 252

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽56020
₽50886
₽52774
₽37682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 103
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 203
Employee

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

23 164
-
78 876
-
health
1 969
-
6 705
-
income
1 584
-
6 238
-
pensions
3 474
-
11 832
-
unemployment
115
-
395
-
total
7 142
-
25 170
-
Employer

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

23 164
-
78 876
-
unemployment
115
-
395
-
pensions
1 274
-
4 338
-
health
996
-
3 392
-
total
2 385
-
8 125
-
Corporate
61 451
87 000
-
-
income
5 531
7 831
-
-
total
5 531
7 831
-
-
Dividends
55 921
79 169
-
-
withholding
5 033
7 126
-
-
total
5 033
7 126
-
-
Income
87 000
87 000
87 000
87 000
Total tax
20 091
14 957
33 295
18 203
After tax
66 909
72 043
53 705
68 797
Living cost
16 023
16 023
16 023
16 023
Free-cash
50 886
56 020
37 682
52 774

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽30899
₽25606
₽18393
₽19011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 757
pensions
-
-
-
24 621
other
-
-
-
86
unemployment
-
-
-
609
total
-
-
-
40 856
Employee
37 315
-
65 966
-
other
36
-
65
-
income
7 194
-
15 019
-
pensions
1 754
-
3 101
-
unemployment
578
-
1 023
-
total
9 562
-
19 208
-
Employer
37 315
-
65 966
-
accident
739
-
1 306
-
other
299
-
529
-
unemployment
2 053
-
3 627
-
pensions
8 806
-
15 568
-
total
11 897
-
21 030
-
Corporate
37 788
87 000
-
-
income

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

5 669
13 050
-
-
total
5 669
13 050
-
-
Dividends
32 119
73 950
-
-
withholding
6 515
15 300
-
-
total
6 515
15 300
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 643
28 350
40 238
40 856
After tax
53 357
58 650
46 762
46 144
Living cost
27 751
27 751
27 751
27 751
Free-cash
25 606
30 899
19 011
18 393

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽51532
₽51078
₽52176
₽51978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 601
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
32 068
Employee
4 198
-
84 738
-
health
210
-
503
-
income
812
-
28 495
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
30 004
-
Employer
4 198
-
84 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
81 858
87 000
-
-
income
18 009
19 140
-
-
total
18 009
19 140
-
-
Dividends
63 849
67 860
-
-
withholding
12 770
13 572
-
-
total
12 770
13 572
-
-
Income
87 000
87 000
87 000
87 000
Total tax
33 166
32 712
32 266
32 068
After tax
53 834
54 288
54 734
54 932
Living cost
2 756
2 756
2 756
2 756
Free-cash
51 078
51 532
51 978
52 176

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽45405
₽40440
₽26889
₽27085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
87 000
income
-
-
-
14 465
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
42 658
Employee

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

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

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

26 319
-
73 791
-
health
1 355
-
3 800
-
income
3 628
-
14 570
-
pensions
3 685
-
10 331
-
unemployment
197
-
553
-
total
8 865
-
29 254
-
Employer

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

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

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

26 319
-
73 791
-
unemployment
197
-
553
-
pensions
3 158
-
8 855
-
health
1 355
-
3 800
-
total
4 710
-
13 208
-
Corporate
55 970
87 000
-
-
income
8 396
13 050
-
-
total
8 396
13 050
-
-
Dividends
47 575
73 950
-
-
withholding
7 136
11 092
-
-
total
7 136
11 092
-
-
Income
87 000
87 000
87 000
87 000
Total tax
29 107
24 142
42 462
42 658
After tax
57 893
62 858
44 538
44 342
Living cost
17 453
17 453
17 453
17 453
Free-cash
40 440
45 405
27 085
26 889

Estimated living cost  is ₽17453 per week

₽11751
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.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽22278
₽21916
₽21862
₽17975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 699
surtax
-
-
-
-
social contributions

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

-
-
-
30 232
total
-
-
-
37 931
Employee
39 169
-
70 302
-
social contributions
4 309
-
7 733
-
surtax
-
-
-
-
income
7 653
-
17 389
-
total
11 962
-
25 122
-
Employer
39 169
-
70 302
-
social contributions
9 302
-
16 696
-
total
9 302
-
16 696
-
Corporate
38 530
87 000
-
-
surtax
-
-
-
-
income
8 091
18 270
-
-
total
8 091
18 270
-
-
Dividends
30 438
68 730
-
-
withholding
8 522
19 245
-
-
total
8 522
19 245
-
-
Income
87 000
87 000
87 000
87 000
Total tax
37 877
37 515
41 818
37 931
After tax
49 123
49 485
45 182
49 069
Living cost
27 207
27 207
27 207
27 207
Free-cash
21 916
22 278
17 975
21 862

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽23183
₽15486
₽10677
₽11295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
accident
-
-
-
783
income
-
-
-
14 757
pensions
-
-
-
24 621
other
-
-
-
86
unemployment
-
-
-
609
total
-
-
-
40 856
Employee
48 739
-
65 966
-
other
48
-
65
-
income
10 180
-
15 019
-
pensions
2 290
-
3 101
-
unemployment
755
-
1 023
-
total
13 273
-
19 208
-
Employer
48 739
-
65 966
-
accident
965
-
1 306
-
other
391
-
529
-
unemployment
2 681
-
3 627
-
pensions
11 502
-
15 568
-
total
15 539
-
21 030
-
Corporate
22 722
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.

3 409
13 050
-
-
total
3 409
13 050
-
-
Dividends
19 313
73 950
-
-
withholding
3 826
15 300
-
-
total
3 826
15 300
-
-
Income
87 000
87 000
87 000
87 000
Total tax
36 047
28 350
40 238
40 856
After tax
50 953
58 650
46 762
46 144
Living cost
35 467
35 467
35 467
35 467
Free-cash
15 486
23 183
11 295
10 677

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽57014
₽50861
₽47162
₽49593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 467
Employee
23 001
-
80 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
13 115
-
Employer
23 001
-
80 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
59 486
87 000
-
-
income
5 948
8 700
-
-
total
5 948
8 700
-
-
Dividends
53 538
78 300
-
-
withholding
2 677
3 915
-
-
total
2 677
3 915
-
-
Income
87 000
87 000
87 000
87 000
Total tax
18 768
12 615
20 036
22 467
After tax
68 232
74 385
66 964
64 533
Living cost
17 371
17 371
17 371
17 371
Free-cash
50 861
57 014
49 593
47 162

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽5960
₽19166
₽18719
₽24470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 751
income

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

-
-
-
15 805
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.

-
-
-
6 894
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.

-
-
-
869
total
-
-
-
29 319
Employee

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

50 213
-
87 000
-
health

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

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

6 894
-
6 894
-
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.

228
-
869
-
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.

4 129
-
15 805
-
total
11 251
-
23 568
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 787
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.

303
718
-
-
income
5 517
13 050
-
-
trade
5 278
12 485
-
-
chamber of commerce
207
282
-
-
total
11 305
26 535
-
-
Dividends
25 482
60 466
-
-
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.

329
810
-
-
withholding
5 987
14 733
-
-
total
6 316
15 543
-
-
Income
87 000
87 000
87 000
87 000
Total tax
28 872
42 078
23 568
29 319
After tax
58 128
44 922
63 432
57 681
Living cost
38 962
38 962
38 962
38 962
Free-cash
19 166
5 960
24 470
18 719

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽3412
₽5642
₽3951
₽3951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
income
-
-
-
18 119
social contributions
-
-
-
7 443
total
-
-
-
25 562
Employee
78 941
-
87 000
-
income
14 896
-
18 119
-
social contributions
6 558
-
7 443
-
total
21 454
-
25 562
-
Employer
78 941
-
87 000
-
total
-
-
-
-
Corporate
8 059
87 000
-
-
income
1 007
10 876
-
-
total
1 007
10 876
-
-
Dividends
7 052
76 124
-
-
withholding
1 410
15 225
-
-
total
1 410
15 225
-
-
Income
87 000
87 000
87 000
87 000
Total tax
23 871
26 101
25 562
25 562
After tax
63 129
60 899
61 438
61 438
Living cost
57 487
57 487
57 487
57 487
Free-cash
5 642
3 412
3 951
3 951

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽14584
₽19928
₽14898
₽27044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
87 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
82 358
-
income
5 023
-
14 038
-
social contributions
4 638
-
4 642
-
total
9 661
-
18 680
-
Employer
46 295
-
82 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
36 066
87 000
-
-
income
12 623
30 450
-
-
total
12 623
30 450
-
-
Dividends
23 444
56 550
-
-
social contributions
3 516
5 332
-
-
total
3 516
5 332
-
-
Income
87 000
87 000
87 000
87 000
Total tax
30 438
35 782
23 322
35 468
After tax
56 562
51 218
63 678
51 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
19 928
14 584
27 044
14 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽27569
₽21855
₽27074
₽17332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 171
pensions
-
-
-
6 140
total
-
-
-
22 311
Employee
51 632
-
76 844
-
health
674
-
1 191
-
income
9 403
-
13 738
-
pensions
3 941
-
6 967
-
total
14 018
-
21 896
-
Employer
51 632
-
76 844
-
pensions
5 216
-
8 696
-
health
981
-
1 461
-
total
6 197
-
10 157
-
Corporate
29 170
87 000
-
-
income

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

5 542
16 530
-
-
total
5 542
16 530
-
-
Dividends
23 628
70 470
-
-
withholding
1 773
5 286
-
-
total
1 773
5 286
-
-
Income
87 000
87 000
87 000
87 000
Total tax
27 530
21 816
32 053
22 311
After tax
59 470
65 184
54 947
64 689
Living cost
37 615
37 615
37 615
37 615
Free-cash
21 855
27 569
17 332
27 074

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽16853
₽3381
₽35897
₽20205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
20 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 203
Employee
37 595
-
72 942
-
health
4 304
-
8 352
-
income
5 158
-
12 831
-
pensions
4 233
-
7 654
-
total
13 695
-
28 837
-
Employer
37 595
-
72 942
-
accident
628
-
1 218
-
unemployment
921
-
1 787
-
pensions
6 113
-
11 053
-
total
7 662
-
14 058
-
Corporate
41 744
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.

37 569
78 300
-
-
total
37 569
78 300
-
-
Dividends
4 175
8 700
-
-
withholding
793
1 653
-
-
total
793
1 653
-
-
Income
87 000
87 000
87 000
87 000
Total tax
59 719
79 953
42 895
27 203
After tax
27 281
7 047
44 105
59 797
Living cost
23 900
23 900
23 900
23 900
Free-cash
3 381
-16 853
20 205
35 897

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽60319
₽55412
₽36473
₽38208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
435
health insurance
-
-
-
6 438
income
-
-
-
12 971
pensions
-
-
-
16 008
unemployment
-
-
-
1 044
total
-
-
-
36 896
Employee

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

21 810
-
87 000
-
work injury
109
-
403
-
income
2 181
-
12 971
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 190
87 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
65 190
87 000
-
-
withholding
9 778
13 050
-
-
total
9 778
13 050
-
-
Income
87 000
87 000
87 000
87 000
Total tax
17 957
13 050
35 161
36 896
After tax
69 043
73 950
51 839
50 104
Living cost
13 631
13 631
13 631
13 631
Free-cash
55 412
60 319
38 208
36 473

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽5623
₽1032
₽4720
₽741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 000
municipal
-
-
-
582
regional
-
-
-
1 609
national
-
-
-
17 510
social contributions
-
-
-
22 376
total
-
-
-
42 077
Employee
85 040
-
87 000
-
social contributions
28 675
-
29 336
-
regional
1 284
-
1 336
-
municipal
508
-
519
-
national
14 371
-
14 865
-
total
44 838
-
46 056
-
Employer
85 040
-
87 000
-
total
-
-
-
-
Corporate
1 960
87 000
-
-
nationa
471
20 880
-
-
municipal
94
4 194
-
-
total
565
25 074
-
-
Dividends
1 395
61 925
-
-
withholding
362
16 100
-
-
total
362
16 100
-
-
Income
87 000
87 000
87 000
87 000
Total tax
45 765
41 174
46 056
42 077
After tax
41 235
45 826
40 944
44 923
Living cost
40 203
40 203
40 203
40 203
Free-cash
1 032
5 623
741
4 720

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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