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
₽ 88000
per

Your estimated
City
free-cash

Dresden , Germany
₽13964
₽25129
₽27014
₽33485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
trade
-
-
-
6 471
income

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

-
-
-
16 165
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.

-
-
-
889
total
-
-
-
30 419
Employee

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

38 599
-
88 000
-
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
-
889
-
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
-
16 165
-
total
8 031
-
23 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 401
88 000
-
-
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.

408
726
-
-
income
7 409
13 201
-
-
trade
7 781
13 859
-
-
chamber of commerce
224
280
-
-
total
15 822
28 066
-
-
Dividends
33 579
59 934
-
-
surtax

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

440
802
-
-
withholding
8 011
14 601
-
-
total
8 451
15 403
-
-
Income
88 000
88 000
88 000
88 000
Total tax
32 304
43 469
23 948
30 419
After tax
55 696
44 531
64 052
57 581
Living cost
30 567
30 567
30 567
30 567
Free-cash
25 129
13 964
33 485
27 014

Estimated living cost  is ₽30567 per week

₽19227
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
₽3918
₽1776
₽2531
₽3222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
9 009
pensions
-
-
-
10 560
national
-
-
-
13 960
social contributions
-
-
-
946
total
-
-
-
34 475
Employee
79 050
-
76 075
-
municipal
9 764
-
9 349
-
pensions
3 162
-
3 043
-
national
15 130
-
14 488
-
total
28 056
-
26 880
-
Employer
79 050
-
76 075
-
social contributions
850
-
818
-
pensions
6 324
-
6 086
-
total
7 174
-
6 904
-
Corporate
-
88 000
-
-
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%.

-
17 600
-
-
total
-
17 600
-
-
Dividends
-
70 400
-
-
withholding
-
15 488
-
-
total
-
15 488
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 230
33 088
33 784
34 475
After tax
52 770
54 912
54 216
53 525
Living cost
50 994
50 994
50 994
50 994
Free-cash
1 776
3 918
3 222
2 531

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
₽49405
₽41127
₽26129
₽28754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
microenterprise
-
-
-
-
income
-
-
-
12 584
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.

-
-
-
28 292
total
-
-
-
40 876
Employee
29 488
-
70 916
-
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
-
7 800
-
surtax
-
-
-
-
income
5 249
-
13 367
-
total
8 493
-
21 167
-
Employer
29 488
-
70 916
-
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
-
17 084
-
surtax
-
-
-
-
total
7 103
-
17 084
-
Corporate
51 409
88 000
-
-
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%.

10 282
17 600
-
-
total
10 282
17 600
-
-
Dividends

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

41 126
70 400
-
-
total
-
-
-
-
Income
88 000
88 000
88 000
88 000
Total tax
25 878
17 600
38 251
40 876
After tax
62 122
70 400
49 749
47 124
Living cost
20 995
20 995
20 995
20 995
Free-cash
41 127
49 405
28 754
26 129

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
-₽6546
-₽12211
₽7746
-₽12211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
14 799
pensions
-
-
-
11 824
health
-
-
-
11 355
total
-
-
-
37 978
Employee
86 179
86 179
86 179
-
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
86 179
86 179
86 179
-
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
88 000
88 000
88 000
88 000
Total tax
57 936
52 271
57 936
37 978
After tax
30 064
35 729
30 064
50 022
Living cost
42 276
42 276
42 276
42 276
Free-cash
-12 211
-6 546
-12 211
7 746

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
₽9058
₽8182
₽5395
₽8003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
18 859
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
43 615
Employee
55 558
-
66 961
-
municipal
16 567
-
19 968
-
national
-
-
-
-
total
16 567
-
19 968
-
Employer
55 558
-
66 961
-
accident
111
-
134
-
other
6 456
-
7 781
-
unemployment
1 467
-
1 768
-
pensions
6 006
-
7 238
-
health
3 417
-
4 118
-
total
17 457
-
21 039
-
Corporate
14 986
88 000
-
-
income
3 297
19 360
-
-
total
3 297
19 360
-
-
Dividends
11 689
68 640
-
-
withholding
3 507
20 592
-
-
total
3 507
20 592
-
-
Income
88 000
88 000
88 000
88 000
Total tax
40 828
39 952
41 007
43 615
After tax
47 172
48 048
46 993
44 385
Living cost
38 990
38 990
38 990
38 990
Free-cash
8 182
9 058
8 003
5 395

Estimated living cost  is ₽38990 per week

₽25841
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
₽4434
₽18616
₽17650
₽24408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
trade
-
-
-
6 758
income

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

-
-
-
16 165
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.

-
-
-
889
total
-
-
-
30 706
Employee

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

51 177
-
88 000
-
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
-
889
-
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
-
16 165
-
total
11 532
-
23 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 823
88 000
-
-
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.

304
726
-
-
income
5 523
13 201
-
-
trade
6 057
14 476
-
-
chamber of commerce
205
278
-
-
total
12 089
28 681
-
-
Dividends
24 733
59 320
-
-
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.

320
795
-
-
withholding
5 799
14 446
-
-
total
6 119
15 241
-
-
Income
88 000
88 000
88 000
88 000
Total tax
29 740
43 922
23 948
30 706
After tax
58 260
44 078
64 052
57 294
Living cost
39 644
39 644
39 644
39 644
Free-cash
18 616
4 434
24 408
17 650

Estimated living cost  is ₽39644 per week

₽26514
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31759
₽27570
₽31459
₽31372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
7 838
health
-
-
-
2 244
social contributions
-
-
-
13 727
total
-
-
-
23 809
Employee
77 600
77 600
79 890
-
social contributions
3 771
6 440
6 630
-
health
772
1 319
1 358
-
income
8 149
7 183
7 800
-
total
12 692
14 942
15 788
-
Employer
77 600
77 600
79 890
-
social contributions
3 771
6 440
6 630
-
health
841
1 436
1 478
-
total
4 612
7 876
8 108
-
Corporate
37 965
2 523
-
-
income
4 746
316
-
-
total
4 746
316
-
-
Dividends
33 219
2 207
-
-
withholding
5 648
375
-
-
total
5 648
375
-
-
Income
88 000
88 000
88 000
88 000
Total tax
27 698
23 509
23 896
23 809
After tax
60 302
64 491
64 104
64 191
Living cost
32 732
32 732
32 732
32 732
Free-cash
27 570
31 759
31 372
31 459

Estimated living cost  is ₽32732 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
₽31286
₽31667
₽42625
₽32676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
10 758
pensions
-
-
-
8 800
unemployment
-
-
-
1 320
health
-
-
-
6 160
total
-
-
-
27 038
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.

26 470
10 535
73 640
-
health
1 853
737
5 155
-
income
3 236
1 288
9 003
-
pensions
2 647
1 053
7 364
-
unemployment
397
158
1 105
-
total
8 133
3 236
22 627
-
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.

26 470
10 535
73 640
-
pensions
5 162
2 054
14 360
-
total
5 162
2 054
14 360
-
Corporate
56 369
75 411
-
-
income
5 073
6 787
-
-
total
5 073
6 787
-
-
Dividends
51 296
68 624
-
-
social contributions
9 882
13 261
-
-
withholding
9 746
13 039
-
-
total
19 628
26 300
-
-
Income
88 000
88 000
88 000
88 000
Total tax
37 996
38 377
36 987
27 038
After tax
50 004
49 623
51 013
60 962
Living cost
18 337
18 337
18 337
18 337
Free-cash
31 667
31 286
32 676
42 625

Estimated living cost  is ₽18337 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
₽46025
₽39755
₽22793
₽26347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
11 791
pensions
-
-
-
17 600
health
-
-
-
11 441
total
-
-
-
40 832
Employee
28 629
-
65 768
-
income
3 223
-
12 680
-
pensions
573
-
1 316
-
unemployment
458
-
1 051
-
total
4 254
-
15 047
-
Employer
28 629
-
65 768
-
unemployment
230
-
527
-
pensions
5 726
-
13 155
-
health
3 721
-
8 549
-
total
9 677
-
22 231
-
Corporate
49 695
88 000
-
-
income
9 939
17 600
-
-
total
9 939
17 600
-
-
Dividends
39 755
70 400
-
-
total
-
-
-
-
Income
88 000
88 000
88 000
88 000
Total tax
23 870
17 600
37 278
40 832
After tax
64 130
70 400
50 722
47 168
Living cost
24 375
24 375
24 375
24 375
Free-cash
39 755
46 025
26 347
22 793

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
-₽14941
₽3742
₽38407
₽22614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
253
income
-
-
-
20 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 524
Employee
34 715
-
73 904
-
health
3 975
-
8 462
-
income
4 763
-
13 105
-
pensions
3 909
-
7 653
-
total
12 647
-
29 220
-
Employer
34 715
-
73 904
-
accident
580
-
1 234
-
unemployment
850
-
1 811
-
pensions
5 645
-
11 052
-
total
7 075
-
14 097
-
Corporate
46 210
88 000
-
-
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.

41 589
79 200
-
-
total
41 589
79 200
-
-
Dividends
4 621
8 800
-
-
withholding
878
1 672
-
-
total
878
1 672
-
-
Income
88 000
88 000
88 000
88 000
Total tax
62 189
80 872
43 317
27 524
After tax
25 811
7 128
44 683
60 476
Living cost
22 069
22 069
22 069
22 069
Free-cash
3 742
-14 941
22 614
38 407

Estimated living cost  is ₽22069 per week

₽16174
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74521
₽72820
₽78041
₽61321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
88 000
microenterprise

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

-
-
-
880
total
-
-
-
880
Employee
11 349
-
88 000
-
income
2 269
-
17 600
-
total
2 269
-
17 600
-
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%.

76 651
88 000
-
-
total
-
-
-
-
Dividends
76 651
88 000
-
-
withholding
3 832
4 400
-
-
total
3 832
4 400
-
-
Income
88 000
88 000
88 000
88 000
Total tax
6 101
4 400
17 600
880
After tax
81 899
83 600
70 400
87 120
Living cost
9 079
9 079
9 079
9 079
Free-cash
72 820
74 521
61 321
78 041

Estimated living cost  is ₽9079 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
₽37763
₽30949
₽20761
₽24691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
11 176
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.

-
-
-
21 120
other
-
-
-
4 181
health
-
-
-
3 872
total
-
-
-
40 349
Employee
36 642
-
70 287
-
health
513
-
984
-
income
6 308
-
12 100
-
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
-
4 920
-
unemployment
366
-
703
-
total
9 751
-
18 707
-
Employer
36 642
-
70 287
-
accident
293
-
563
-
other
1 833
-
3 514
-
unemployment
366
-
703
-
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
-
11 948
-
health
513
-
984
-
total
9 235
-
17 712
-
Corporate
42 124
88 000
-
-
income
8 846
18 481
-
-
total
8 846
18 481
-
-
Dividends
33 278
69 519
-
-
withholding
2 329
4 866
-
-
total
2 329
4 866
-
-
Income
88 000
88 000
88 000
88 000
Total tax
30 161
23 347
36 419
40 349
After tax
57 839
64 653
51 581
47 651
Living cost
26 890
26 890
26 890
26 890
Free-cash
30 949
37 763
24 691
20 761

Estimated living cost  is ₽26890 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
-₽1793
-₽20957
-₽2310
-₽12181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
16 354
pensions
-
-
-
6 229
total
-
-
-
22 583
Employee
95 823
-
77 710
-
health
1 579
-
1 209
-
income
17 273
-
13 885
-
pensions
9 244
-
7 070
-
total
28 096
-
22 164
-
Employer
95 823
-
77 710
-
pensions
11 314
-
8 814
-
health
1 820
-
1 476
-
total
13 134
-
10 290
-
Corporate
-
88 000
-
-
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.

-
16 720
-
-
total
-
16 720
-
-
Dividends
-
71 280
-
-
withholding
-
5 346
-
-
total
-
5 346
-
-
Income
88 000
88 000
88 000
88 000
Total tax
41 230
22 066
32 454
22 583
After tax
46 770
65 934
55 546
65 417
Living cost
67 727
67 727
67 727
67 727
Free-cash
-20 957
-1 793
-12 181
-2 310

Estimated living cost  is ₽67727 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
₽62001
₽57310
₽52144
₽54625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
13 200
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
-
-
-
22 617
Employee
17 531
-
81 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 108
-
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
-
13 215
-
Employer
17 531
-
81 080
-
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
67 029
88 000
-
-
income
6 703
8 800
-
-
total
6 703
8 800
-
-
Dividends
60 327
79 200
-
-
withholding
3 017
3 960
-
-
total
3 017
3 960
-
-
Income
88 000
88 000
88 000
88 000
Total tax
17 451
12 760
20 136
22 617
After tax
70 549
75 240
67 864
65 383
Living cost
13 239
13 239
13 239
13 239
Free-cash
57 310
62 001
54 625
52 144

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
-₽20231
-₽21944
-₽5938
-₽25896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
14 799
pensions
-
-
-
11 824
health
-
-
-
11 355
total
-
-
-
37 978
Employee
93 563
86 179
86 179
-
health
11 672
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
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
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
88 000
88 000
88 000
88 000
Total tax
53 984
52 271
57 936
37 978
After tax
34 016
35 729
30 064
50 022
Living cost
55 960
55 960
55 960
55 960
Free-cash
-21 944
-20 231
-25 896
-5 938

Estimated living cost  is ₽55960 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
₽36418
₽27796
₽18690
₽20486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
7 564
health
-
-
-
11 880
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 696
total
-
-
-
45 140
Employee
35 544
-
65 672
-
social contributions
2 310
-
4 269
-
health
4 798
-
8 866
-
solidarity contribution
-
-
-
-
income
4 265
-
7 881
-
total
11 373
-
21 016
-
Employer
35 544
-
65 672
-
social contributions
8 886
-
16 418
-
health
3 199
-
5 910
-
total
12 085
-
22 328
-
Corporate
40 371
88 000
-
-
income
7 671
16 720
-
-
total
7 671
16 720
-
-
Dividends
32 701
71 280
-
-
withholding
4 905
10 692
-
-
total
4 905
10 692
-
-
Income
88 000
88 000
88 000
88 000
Total tax
36 034
27 412
43 344
45 140
After tax
51 966
60 588
44 656
42 860
Living cost
24 170
24 170
24 170
24 170
Free-cash
27 796
36 418
20 486
18 690

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4368
-₽1688
₽3521
-₽667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
523
regional
-
-
-
948
national
-
-
-
17 791
social contributions
-
-
-
22 634
total
-
-
-
41 896
Employee
89 689
-
88 000
-
social contributions
30 243
-
29 674
-
regional
846
-
827
-
municipal
475
-
467
-
national
15 541
-
15 116
-
total
47 105
-
46 084
-
Employer
89 689
-
88 000
-
total
-
-
-
-
Corporate
-
88 000
-
-
nationa
-
21 120
-
-
municipal
-
3 432
-
-
total
-
24 552
-
-
Dividends
-
63 449
-
-
withholding
-
16 497
-
-
total
-
16 497
-
-
Income
88 000
88 000
88 000
88 000
Total tax
47 105
41 049
46 084
41 896
After tax
40 895
46 951
41 916
46 104
Living cost
42 583
42 583
42 583
42 583
Free-cash
-1 688
4 368
-667
3 521

Estimated living cost  is ₽42583 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
₽33082
₽29942
₽24328
₽22643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
15 608
pensions
-
-
-
17 600
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 249
surtax
-
-
-
1 716
total
-
-
-
41 403
Employee
33 373
-
72 698
-
other
-
-
-
-
health
852
-
1 854
-
surtax
109
-
1 521
-
income
5 594
-
14 503
-
pensions
2 225
-
4 849
-
unemployment
2 323
-
5 060
-
total
11 103
-
27 787
-
Employer
33 373
-
72 698
-
other
-
-
-
-
unemployment
1 057
-
2 304
-
pensions
4 449
-
9 690
-
health
1 519
-
3 307
-
total
7 025
-
15 301
-
Corporate
47 603
88 000
-
-
income
12 377
22 880
-
-
total
12 377
22 880
-
-
Dividends
35 226
65 120
-
-
withholding
5 284
9 769
-
-
total
5 284
9 769
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 789
32 649
43 088
41 403
After tax
52 211
55 351
44 912
46 597
Living cost
22 269
22 269
22 269
22 269
Free-cash
29 942
33 082
22 643
24 328

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
₽19665
₽11696
₽19148
₽9277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
16 354
pensions
-
-
-
6 229
total
-
-
-
22 583
Employee
64 218
-
77 710
-
health
932
-
1 209
-
income
11 566
-
13 885
-
pensions
5 451
-
7 070
-
total
17 949
-
22 164
-
Employer
64 218
-
77 710
-
pensions
6 952
-
8 814
-
health
1 220
-
1 476
-
total
8 172
-
10 290
-
Corporate
15 610
88 000
-
-
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.

2 966
16 720
-
-
total
2 966
16 720
-
-
Dividends
12 644
71 280
-
-
withholding
948
5 346
-
-
total
948
5 346
-
-
Income
88 000
88 000
88 000
88 000
Total tax
30 035
22 066
32 454
22 583
After tax
57 965
65 934
55 546
65 417
Living cost
46 269
46 269
46 269
46 269
Free-cash
11 696
19 665
9 277
19 148

Estimated living cost  is ₽46269 per week

₽34665
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
-₽36032
-₽9763
-₽2465
-₽6969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
city
-
-
-
927
pensions
-
-
-
8 096
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.

-
-
-
1 759
regional
-
-
-
2 762
health
-
-
-
249
national
-
-
-
399
total
-
-
-
14 192
Employee
89 259
-
78 767
-
city
958
-
846
-
regional
2 923
-
2 355
-
health
202
-
176
-
pensions
7 499
-
6 615
-
unemployment
-
-
-
-
national
422
-
338
-
total
12 004
-
10 330
-
Employer
89 259
-
78 767
-
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
-
1 575
-
unemployment
-
-
-
-
pensions
7 499
-
6 615
-
health
202
-
176
-
total
9 486
-
8 366
-
Corporate
-
88 000
-
-
regional
-
18 612
-
-
national
-
7 479
-
-
total
-
26 091
-
-
Dividends
-
61 909
-
-
withholding
-
21 668
-
-
total
-
21 668
-
-
Income
88 000
88 000
88 000
88 000
Total tax
21 490
47 759
18 696
14 192
After tax
66 510
40 241
69 304
73 808
Living cost
76 273
76 273
76 273
76 273
Free-cash
-9 763
-36 032
-6 969
-2 465

Estimated living cost  is ₽76273 per week

₽49599
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2605
₽13761
₽10776
₽17822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
trade
-
-
-
7 046
income

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

-
-
-
16 165
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.

-
-
-
889
total
-
-
-
30 994
Employee

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

60 649
-
88 000
-
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
-
889
-
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
-
16 165
-
total
14 419
-
23 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 351
88 000
-
-
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.

226
726
-
-
income
4 102
13 201
-
-
trade
4 690
15 093
-
-
chamber of commerce
192
278
-
-
total
9 210
29 298
-
-
Dividends
18 141
58 703
-
-
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
785
-
-
withholding
4 152
14 292
-
-
total
4 380
15 077
-
-
Income
88 000
88 000
88 000
88 000
Total tax
28 009
44 375
23 948
30 994
After tax
59 991
43 625
64 052
57 006
Living cost
46 230
46 230
46 230
46 230
Free-cash
13 761
-2 605
17 822
10 776

Estimated living cost  is ₽46230 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
₽9826
₽15790
₽16518
₽16524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
6 555
pensions
-
-
-
24 245
other
-
-
-
2 727
health
-
-
-
919
surtax
-
-
-
-
social contributions
-
-
-
2 509
total
-
-
-
36 955
Employee
43 191
-
67 059
-
social contributions
1 231
-
1 911
-
surtax
-
-
-
-
income
2 549
-
6 513
-
pensions
4 883
-
7 584
-
total
8 663
-
16 008
-
Employer
43 191
-
67 059
-
other
1 490
-
2 313
-
social contributions
130
-
201
-
unemployment
1 748
-
2 716
-
pensions
7 095
-
11 017
-
health
3 024
-
4 694
-
total
13 487
-
20 941
-
Corporate
31 321
88 000
-
-
surtax
-
-
-
-
income
8 769
24 640
-
-
total
8 769
24 640
-
-
Dividends
22 552
63 360
-
-
surtax
-
-
-
-
social contributions
3 878
10 897
-
-
withholding
2 886
8 110
-
-
total
6 764
19 007
-
-
Income
88 000
88 000
88 000
88 000
Total tax
37 683
43 647
36 949
36 955
After tax
50 317
44 353
51 051
51 045
Living cost
34 527
34 527
34 527
34 527
Free-cash
15 790
9 826
16 524
16 518

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
₽13247
₽18852
₽19939
₽19945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
6 555
pensions
-
-
-
24 245
other
-
-
-
2 727
health
-
-
-
919
surtax
-
-
-
-
social contributions
-
-
-
2 509
total
-
-
-
36 955
Employee
38 554
-
67 059
-
social contributions
1 099
-
1 911
-
surtax
-
-
-
-
income
1 988
-
6 513
-
pensions
4 361
-
7 584
-
total
7 448
-
16 008
-
Employer
38 554
-
67 059
-
other
1 331
-
2 313
-
social contributions
115
-
201
-
unemployment
1 561
-
2 716
-
pensions
6 335
-
11 017
-
health
2 698
-
4 694
-
total
12 040
-
20 941
-
Corporate
37 406
88 000
-
-
surtax
-
-
-
-
income
10 474
24 640
-
-
total
10 474
24 640
-
-
Dividends
26 932
63 360
-
-
surtax
-
-
-
-
social contributions
4 633
10 897
-
-
withholding
3 447
8 110
-
-
total
8 080
19 007
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 042
43 647
36 949
36 955
After tax
49 958
44 353
51 051
51 045
Living cost
31 106
31 106
31 106
31 106
Free-cash
18 852
13 247
19 945
19 939

Estimated living cost  is ₽31106 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
₽32289
₽32813
₽35114
₽35938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
13 201
health
-
-
-
6 142
social contributions
-
-
-
12 144
total
-
-
-
31 487
Employee
34 217
-
88 000
-
social contributions
4 723
-
12 144
-
health
2 388
-
6 142
-
income
5 707
-
12 377
-
total
12 818
-
30 663
-
Employer
34 217
-
88 000
-
total
-
-
-
-
Corporate
53 783
88 000
-
-
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%.

2 689
4 401
-
-
total
2 689
4 401
-
-
Dividends
51 094
83 599
-
-
health
3 566
5 835
-
-
social contributions
7 051
11 536
-
-
withholding
7 664
12 540
-
-
total
18 281
29 911
-
-
Income
88 000
88 000
88 000
88 000
Total tax
33 788
34 312
30 663
31 487
After tax
54 212
53 688
57 337
56 513
Living cost
21 399
21 399
21 399
21 399
Free-cash
32 813
32 289
35 938
35 114

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.
₽1319
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
₽13987
₽12427
₽10257
-₽6643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
chamber of commerce
-
-
-
352
income
-
-
-
12 431
pensions
-
-
-
16 280
unemployment
-
-
-
6 190
health
-
-
-
6 732
surtax
-
-
-
199
total
-
-
-
42 184
Employee
50 434
40 217
68 179
-
other
504
402
682
-
health
1 951
1 557
2 639
-
income
5 741
2 966
10 828
-
pensions
5 165
4 117
6 982
-
unemployment
1 513
1 207
2 045
-
total
14 874
10 249
23 176
-
Employer
50 434
40 217
68 179
-
accident
655
523
887
-
other
2 396
1 909
3 238
-
chamber of commerce
201
161
272
-
unemployment
1 513
1 207
2 045
-
surtax
199
199
199
-
pensions
6 329
5 048
8 557
-
payroll
1 513
1 207
2 045
-
health
1 906
1 521
2 578
-
total
14 712
11 775
19 821
-
Corporate
22 855
36 009
64 349
-
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.

5 713
9 003
16 087
-
total
5 713
9 003
16 087
-
Dividends
17 142
27 006
-
-
withholding
4 715
7 427
-
-
total
4 715
7 427
-
-
Income
88 000
88 000
88 000
88 000
Total tax
40 014
38 454
59 084
42 184
After tax
47 986
49 546
28 916
45 816
Living cost
35 559
35 559
35 559
35 559
Free-cash
12 427
13 987
-6 643
10 257

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽12605
-₽5199
₽5984
-₽1714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
national
-
-
-
27 691
communal

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

-
-
-
4 499
social contributions
-
-
-
13 030
total
-
-
-
45 220
Employee

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

72 186
-
68 160
-
communal

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

3 765
-
3 554
-
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
-
3 202
-
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
-
5 111
-
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
-
594
-
national
22 193
-
20 617
-
total
35 392
-
33 078
-
Employer

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

72 186
-
68 160
-
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
-
887
-
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
-
996
-
surtax
8 185
-
7 729
-
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
-
6 038
-
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
-
4 190
-
total
21 011
-
19 840
-
Corporate
-
88 000
-
-
surtax
-
352
-
-
income
-
17 600
-
-
total
-
17 952
-
-
Dividends
-
70 048
-
-
withholding

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

-
20 647
-
-
total
-
20 647
-
-
Income
88 000
88 000
88 000
88 000
Total tax
56 403
38 599
52 918
45 220
After tax
31 597
49 401
35 082
42 780
Living cost
36 796
36 796
36 796
36 796
Free-cash
-5 199
12 605
-1 714
5 984

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
₽22876
₽14838
₽10188
₽10811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
793
income
-
-
-
14 965
pensions
-
-
-
24 904
other
-
-
-
88
unemployment
-
-
-
617
total
-
-
-
41 367
Employee
50 234
-
66 727
-
other
50
-
67
-
income
10 599
-
15 234
-
pensions
2 361
-
3 137
-
unemployment
779
-
1 034
-
total
13 789
-
19 472
-
Employer
50 234
-
66 727
-
accident
994
-
1 321
-
other
400
-
534
-
unemployment
2 763
-
3 669
-
pensions
11 854
-
15 748
-
total
16 011
-
21 272
-
Corporate
21 754
88 000
-
-
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.

3 263
13 201
-
-
total
3 263
13 201
-
-
Dividends
18 491
74 799
-
-
withholding
3 654
15 478
-
-
total
3 654
15 478
-
-
Income
88 000
88 000
88 000
88 000
Total tax
36 717
28 679
40 744
41 367
After tax
51 283
59 321
47 256
46 633
Living cost
36 445
36 445
36 445
36 445
Free-cash
14 838
22 876
10 811
10 188

Estimated living cost  is ₽36445 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
-₽625
-₽6895
-₽3045
₽1242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
741
income
-
-
-
6 163
pensions
-
-
-
13 191
health
-
-
-
6 184
surtax
-
-
-
4 363
communal
-
-
-
5 561
total
-
-
-
36 203
Employee
76 423
-
78 606
-
health
3 401
-
3 499
-
surtax
4 684
-
4 816
-
income
7 382
-
7 918
-
pensions
6 113
-
6 289
-
total
21 580
-
22 522
-
Employer
76 423
-
78 606
-
accident
688
-
707
-
pensions
6 113
-
6 289
-
health
2 331
-
2 398
-
total
9 132
-
9 394
-
Corporate
2 445
88 000
-
-
surtax
25
925
-
-
communal
-
5 941
-
-
income
368
13 201
-
-
total
393
20 067
-
-
Dividends
2 053
67 934
-
-
income
8 640
3 526
-
-
withholding
308
10 190
-
-
total
8 948
13 716
-
-
Income
88 000
88 000
88 000
88 000
Total tax
40 053
33 783
31 916
36 203
After tax
47 947
54 217
56 084
51 797
Living cost
54 842
54 842
54 842
54 842
Free-cash
-6 895
-625
1 242
-3 045

Estimated living cost  is ₽54842 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
₽32684
₽29476
₽23930
₽22245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
15 608
pensions
-
-
-
17 600
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 249
surtax
-
-
-
1 716
total
-
-
-
41 403
Employee
33 985
-
72 698
-
other
-
-
-
-
health
868
-
1 854
-
surtax
121
-
1 521
-
income
5 697
-
14 503
-
pensions
2 267
-
4 849
-
unemployment
2 365
-
5 060
-
total
11 318
-
27 787
-
Employer
33 985
-
72 698
-
other
-
-
-
-
unemployment
1 078
-
2 304
-
pensions
4 531
-
9 690
-
health
1 545
-
3 307
-
total
7 154
-
15 301
-
Corporate
46 860
88 000
-
-
income
12 184
22 880
-
-
total
12 184
22 880
-
-
Dividends
34 676
65 120
-
-
withholding
5 201
9 769
-
-
total
5 201
9 769
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 857
32 649
43 088
41 403
After tax
52 143
55 351
44 912
46 597
Living cost
22 667
22 667
22 667
22 667
Free-cash
29 476
32 684
22 245
23 930

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
₽19070
₽16828
₽18541
₽14374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
523
regional
-
-
-
1 326
national
-
-
-
17 791
social contributions
-
-
-
22 634
total
-
-
-
42 274
Employee
55 980
-
88 000
-
social contributions
18 877
-
29 674
-
regional
754
-
1 184
-
municipal
297
-
467
-
national
8 869
-
15 116
-
total
28 797
-
46 441
-
Employer
55 980
-
88 000
-
total
-
-
-
-
Corporate
32 020
88 000
-
-
nationa
7 685
21 120
-
-
municipal
1 591
4 374
-
-
total
9 276
25 494
-
-
Dividends
22 743
62 506
-
-
withholding
5 914
16 251
-
-
total
5 914
16 251
-
-
Income
88 000
88 000
88 000
88 000
Total tax
43 987
41 745
46 441
42 274
After tax
44 013
46 255
41 559
45 726
Living cost
27 185
27 185
27 185
27 185
Free-cash
16 828
19 070
14 374
18 541

Estimated living cost  is ₽27185 per week

₽16906
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
₽30805
₽20179
₽13077
₽14873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
7 564
health
-
-
-
11 880
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 696
total
-
-
-
45 140
Employee
43 799
-
65 672
-
social contributions
2 847
-
4 269
-
health
5 913
-
8 866
-
solidarity contribution
-
-
-
-
income
5 256
-
7 881
-
total
14 016
-
21 016
-
Employer
43 799
-
65 672
-
social contributions
10 950
-
16 418
-
health
3 942
-
5 910
-
total
14 892
-
22 328
-
Corporate
29 309
88 000
-
-
income
5 569
16 720
-
-
total
5 569
16 720
-
-
Dividends
23 740
71 280
-
-
withholding
3 561
10 692
-
-
total
3 561
10 692
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 038
27 412
43 344
45 140
After tax
49 962
60 588
44 656
42 860
Living cost
29 783
29 783
29 783
29 783
Free-cash
20 179
30 805
14 873
13 077

Estimated living cost  is ₽29783 per week

₽22149
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17459
₽16961
₽13819
-₽3235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
chamber of commerce
-
-
-
352
income
-
-
-
12 431
pensions
-
-
-
16 280
unemployment
-
-
-
6 190
health
-
-
-
6 732
surtax
-
-
-
-
total
-
-
-
41 985
Employee
44 114
40 217
68 334
-
other
440
402
684
-
health
1 706
1 557
2 645
-
income
3 930
2 966
10 872
-
pensions
4 518
4 117
6 998
-
unemployment
1 323
1 207
2 049
-
total
11 917
10 249
23 248
-
Employer
44 114
40 217
68 334
-
accident
573
523
889
-
other
2 095
1 909
3 246
-
chamber of commerce
176
161
274
-
unemployment
1 323
1 207
2 049
-
surtax
-
-
-
-
pensions
5 537
5 048
8 576
-
payroll
1 323
1 207
2 049
-
health
1 668
1 521
2 583
-
total
12 695
11 576
19 666
-
Corporate
31 191
36 208
64 504
-
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.

7 798
9 053
16 125
-
total
7 798
9 053
16 125
-
Dividends
23 393
27 156
-
-
withholding
6 433
7 467
-
-
total
6 433
7 467
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 843
38 345
59 039
41 985
After tax
49 157
49 655
28 961
46 015
Living cost
32 196
32 196
32 196
32 196
Free-cash
16 961
17 459
-3 235
13 819

Estimated living cost  is ₽32196 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
₽69451
₽66798
₽72971
₽56251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
88 000
microenterprise

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

-
-
-
880
total
-
-
-
880
Employee
17 686
-
88 000
-
income
3 537
-
17 600
-
total
3 537
-
17 600
-
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%.

70 314
88 000
-
-
total
-
-
-
-
Dividends
70 314
88 000
-
-
withholding
3 516
4 400
-
-
total
3 516
4 400
-
-
Income
88 000
88 000
88 000
88 000
Total tax
7 053
4 400
17 600
880
After tax
80 947
83 600
70 400
87 120
Living cost
14 149
14 149
14 149
14 149
Free-cash
66 798
69 451
56 251
72 971

Estimated living cost  is ₽14149 per week

₽9574
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
₽33519
₽25079
₽19027
₽16505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
income
-
-
-
17 042
pensions
-
-
-
16 071
unemployment
-
-
-
132
health
-
-
-
8 660
total
-
-
-
41 905
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
-
76 144
-
health
2 882
-
4 920
-
income
7 696
-
15 741
-
pensions
6 917
-
11 803
-
unemployment
63
-
107
-
total
17 558
-
32 571
-
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
-
76 144
-
unemployment
27
-
46
-
pensions
3 949
-
6 739
-
health
2 972
-
5 071
-
total
6 948
-
11 856
-
Corporate
36 426
88 000
-
-
income
6 921
16 721
-
-
total
6 921
16 721
-
-
Dividends
29 505
71 279
-
-
withholding
4 426
10 692
-
-
total
4 426
10 692
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 853
27 413
44 427
41 905
After tax
52 147
60 587
43 573
46 095
Living cost
27 068
27 068
27 068
27 068
Free-cash
25 079
33 519
16 505
19 027

Estimated living cost  is ₽27068 per week

₽18576
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
₽9959
-₽62594
₽17235
₽31133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
17 153
social contributions
-
-
-
10 032
total
-
-
-
27 185
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
88 000
-
-
income
-
19 360
-
-
total
-
19 360
-
-
Dividends
-
68 640
-
-
income
-
15 101
-
-
total
-
15 101
-
-
Income
88 000
88 000
88 000
88 000
Total tax
107 014
34 461
13 287
27 185
After tax
-19 014
53 539
74 713
60 815
Living cost
43 580
43 580
43 580
43 580
Free-cash
-62 594
9 959
31 133
17 235

Estimated living cost  is ₽43580 per week

₽28276
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18400
₽17386
₽17952
₽13979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
income
-
-
-
7 814
surtax
-
-
-
-
social contributions

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

-
-
-
30 580
total
-
-
-
38 394
Employee
46 414
-
71 111
-
social contributions
5 106
-
7 823
-
surtax
-
-
-
-
income
9 654
-
17 655
-
total
14 760
-
25 478
-
Employer
46 414
-
71 111
-
social contributions
11 023
-
16 889
-
total
11 023
-
16 889
-
Corporate
30 563
88 000
-
-
surtax
-
-
-
-
income
6 417
18 481
-
-
total
6 417
18 481
-
-
Dividends
24 145
69 519
-
-
withholding
6 760
19 465
-
-
total
6 760
19 465
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 960
37 946
42 367
38 394
After tax
49 040
50 054
45 633
49 606
Living cost
31 654
31 654
31 654
31 654
Free-cash
17 386
18 400
13 979
17 952

Estimated living cost  is ₽31654 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
-₽4389
₽2550
₽2303
₽2310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
6 555
pensions
-
-
-
24 245
other
-
-
-
2 727
health
-
-
-
919
surtax
-
-
-
-
social contributions
-
-
-
2 509
total
-
-
-
36 955
Employee
63 206
-
67 059
-
social contributions
1 800
-
1 911
-
surtax
-
-
-
-
income
5 515
-
6 513
-
pensions
7 149
-
7 584
-
total
14 464
-
16 008
-
Employer
63 206
-
67 059
-
other
2 181
-
2 313
-
social contributions
190
-
201
-
unemployment
2 560
-
2 716
-
pensions
10 386
-
11 017
-
health
4 424
-
4 694
-
total
19 741
-
20 941
-
Corporate
5 053
88 000
-
-
surtax
-
-
-
-
income
1 415
24 640
-
-
total
1 415
24 640
-
-
Dividends
3 638
63 360
-
-
surtax
-
-
-
-
social contributions
624
10 897
-
-
withholding
465
8 110
-
-
total
1 089
19 007
-
-
Income
88 000
88 000
88 000
88 000
Total tax
36 709
43 647
36 949
36 955
After tax
51 291
44 353
51 051
51 045
Living cost
48 742
48 742
48 742
48 742
Free-cash
2 550
-4 389
2 310
2 303

Estimated living cost  is ₽48742 per week

₽32987
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
₽48865
₽45475
₽37171
₽39639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
1 134
social contributions
-
-
-
19 360
total
-
-
-
20 494
Employee
32 444
-
76 190
-
income
-
-
1 264
-
social contributions
2 109
-
4 952
-
total
2 109
-
6 216
-
Employer
32 444
-
76 190
-
social contributions
5 029
-
11 810
-
total
5 029
-
11 810
-
Corporate
50 527
88 000
-
-
income
5 052
8 800
-
-
total
5 052
8 800
-
-
Dividends
45 475
79 200
-
-
total
-
-
-
-
Income
88 000
88 000
88 000
88 000
Total tax
12 190
8 800
18 026
20 494
After tax
75 810
79 200
69 974
67 506
Living cost
30 335
30 335
30 335
30 335
Free-cash
45 475
48 865
39 639
37 171

Estimated living cost  is ₽30335 per week

₽19614
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
-₽131971
-₽131971
₽6567
-₽131971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
15 830
pensions
-
-
-
875
national
-
-
-
9 135
labour market
-
-
-
6 970
total
-
-
-
32 810
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 000
88 000
88 000
88 000
Total tax
171 348
171 348
171 348
32 810
After tax
-83 348
-83 348
-83 348
55 190
Living cost
48 623
48 623
48 623
48 623
Free-cash
-131 971
-131 971
-131 971
6 567

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
-₽14615
₽3792
₽38733
₽22940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
253
income
-
-
-
20 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 524
Employee
34 203
-
73 904
-
health
3 917
-
8 462
-
income
4 692
-
13 105
-
pensions
3 852
-
7 653
-
total
12 461
-
29 220
-
Employer
34 203
-
73 904
-
accident
571
-
1 234
-
unemployment
838
-
1 811
-
pensions
5 561
-
11 052
-
total
6 970
-
14 097
-
Corporate
46 826
88 000
-
-
income

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

42 144
79 200
-
-
total
42 144
79 200
-
-
Dividends
4 682
8 800
-
-
withholding
890
1 672
-
-
total
890
1 672
-
-
Income
88 000
88 000
88 000
88 000
Total tax
62 465
80 872
43 317
27 524
After tax
25 535
7 128
44 683
60 476
Living cost
21 743
21 743
21 743
21 743
Free-cash
3 792
-14 615
22 940
38 733

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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
₽20752
₽17221
₽25190
₽12479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
88 000
municipal
-
-
-
15 671
health
-
-
-
935
national
-
-
-
7 459
total
-
-
-
24 065
Employee
53 094
-
74 029
-
health
396
-
718
-
municipal
8 696
-
12 098
-
pensions
3 583
-
4 996
-
unemployment
797
-
1 111
-
national
877
-
3 882
-
total
14 349
-
22 805
-
Employer
53 094
-
74 029
-
accident
54
-
75
-
unemployment
345
-
481
-
pensions
9 212
-
12 844
-
health
408
-
571
-
total
10 019
-
13 971
-
Corporate
24 888
88 000
-
-
income
4 977
17 600
-
-
total
4 977
17 600
-
-
Dividends

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

14 933
52 800
-
-
national
-
1 398
-
-
municipal
2 689
9 505
-
-
total
2 689
10 903
-
-
Income
88 000
88 000
88 000
88 000
Total tax
32 034
28 503
36 776
24 065
After tax
55 966
59 497
51 224
63 935
Living cost
38 745
38 745
38 745
38 745
Free-cash
17 221
20 752
12 479
25 190

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
₽41126
₽35634
₽40826
₽40739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
7 838
health
-
-
-
2 244
social contributions
-
-
-
13 727
total
-
-
-
23 809
Employee
77 600
77 600
79 890
-
social contributions
2 934
6 440
6 630
-
health
601
1 319
1 358
-
income
8 449
7 183
7 800
-
total
11 984
14 942
15 788
-
Employer
77 600
77 600
79 890
-
social contributions
2 934
6 440
6 630
-
health
653
1 436
1 478
-
total
3 587
7 876
8 108
-
Corporate
49 063
2 523
-
-
income
6 132
316
-
-
total
6 132
316
-
-
Dividends
42 931
2 207
-
-
withholding
7 298
375
-
-
total
7 298
375
-
-
Income
88 000
88 000
88 000
88 000
Total tax
29 001
23 509
23 896
23 809
After tax
58 999
64 491
64 104
64 191
Living cost
23 365
23 365
23 365
23 365
Free-cash
35 634
41 126
40 739
40 826

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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56850
₽51714
₽53665
₽38302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
88 000
income
-
-
-
8 212
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 312
Employee

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

23 164
-
79 784
-
health
1 969
-
6 781
-
income
1 584
-
6 314
-
pensions
3 474
-
11 967
-
unemployment
115
-
398
-
total
7 142
-
25 460
-
Employer

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

23 164
-
79 784
-
unemployment
115
-
398
-
pensions
1 274
-
4 387
-
health
996
-
3 430
-
total
2 385
-
8 215
-
Corporate
62 452
88 000
-
-
income
5 621
7 921
-
-
total
5 621
7 921
-
-
Dividends
56 831
80 079
-
-
withholding
5 115
7 206
-
-
total
5 115
7 206
-
-
Income
88 000
88 000
88 000
88 000
Total tax
20 263
15 127
33 675
18 312
After tax
67 737
72 873
54 325
69 688
Living cost
16 023
16 023
16 023
16 023
Free-cash
51 714
56 850
38 302
53 665

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
₽31570
₽26279
₽18882
₽19505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
793
income
-
-
-
14 965
pensions
-
-
-
24 904
other
-
-
-
88
unemployment
-
-
-
617
total
-
-
-
41 367
Employee
37 315
-
66 727
-
other
36
-
67
-
income
7 194
-
15 234
-
pensions
1 754
-
3 137
-
unemployment
578
-
1 034
-
total
9 562
-
19 472
-
Employer
37 315
-
66 727
-
accident
739
-
1 321
-
other
299
-
534
-
unemployment
2 053
-
3 669
-
pensions
8 806
-
15 748
-
total
11 897
-
21 272
-
Corporate
38 789
88 000
-
-
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.

5 818
13 201
-
-
total
5 818
13 201
-
-
Dividends
32 971
74 799
-
-
withholding
6 693
15 478
-
-
total
6 693
15 478
-
-
Income
88 000
88 000
88 000
88 000
Total tax
33 970
28 679
40 744
41 367
After tax
54 030
59 321
47 256
46 633
Living cost
27 751
27 751
27 751
27 751
Free-cash
26 279
31 570
19 505
18 882

Estimated living cost  is ₽27751 per week

₽18731
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
₽52156
₽51702
₽52826
₽52628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
28 951
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
32 418
Employee
4 198
-
85 738
-
health
210
-
503
-
income
812
-
28 845
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
30 354
-
Employer
4 198
-
85 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
82 858
88 000
-
-
income
18 229
19 360
-
-
total
18 229
19 360
-
-
Dividends
64 629
68 640
-
-
withholding
12 926
13 728
-
-
total
12 926
13 728
-
-
Income
88 000
88 000
88 000
88 000
Total tax
33 542
33 088
32 616
32 418
After tax
54 458
54 912
55 384
55 582
Living cost
2 756
2 756
2 756
2 756
Free-cash
51 702
52 156
52 628
52 826

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
₽46127
₽41162
₽27539
₽27540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
income
-
-
-
14 815
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
43 008
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
-
74 649
-
health
1 355
-
3 841
-
income
3 628
-
14 815
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
29 657
-
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
-
74 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
56 970
88 000
-
-
income
8 546
13 200
-
-
total
8 546
13 200
-
-
Dividends
48 425
74 800
-
-
withholding
7 264
11 220
-
-
total
7 264
11 220
-
-
Income
88 000
88 000
88 000
88 000
Total tax
29 385
24 420
43 007
43 008
After tax
58 615
63 580
44 993
44 992
Living cost
17 453
17 453
17 453
17 453
Free-cash
41 162
46 127
27 540
27 539

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
₽22848
₽22484
₽22400
₽18427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
income
-
-
-
7 814
surtax
-
-
-
-
social contributions

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

-
-
-
30 580
total
-
-
-
38 394
Employee
39 168
-
71 111
-
social contributions
4 309
-
7 823
-
surtax
-
-
-
-
income
7 653
-
17 655
-
total
11 962
-
25 478
-
Employer
39 168
-
71 111
-
social contributions
9 302
-
16 889
-
total
9 302
-
16 889
-
Corporate
39 530
88 000
-
-
surtax
-
-
-
-
income
8 302
18 481
-
-
total
8 302
18 481
-
-
Dividends
31 228
69 519
-
-
withholding
8 744
19 465
-
-
total
8 744
19 465
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 310
37 946
42 367
38 394
After tax
49 690
50 054
45 633
49 606
Living cost
27 206
27 206
27 206
27 206
Free-cash
22 484
22 848
18 427
22 400

Estimated living cost  is ₽27206 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
₽23854
₽16159
₽11166
₽11789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
793
income
-
-
-
14 965
pensions
-
-
-
24 904
other
-
-
-
88
unemployment
-
-
-
617
total
-
-
-
41 367
Employee
48 738
-
66 727
-
other
48
-
67
-
income
10 180
-
15 234
-
pensions
2 290
-
3 137
-
unemployment
755
-
1 034
-
total
13 273
-
19 472
-
Employer
48 738
-
66 727
-
accident
965
-
1 321
-
other
391
-
534
-
unemployment
2 681
-
3 669
-
pensions
11 502
-
15 748
-
total
15 539
-
21 272
-
Corporate
23 723
88 000
-
-
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.

3 558
13 201
-
-
total
3 558
13 201
-
-
Dividends
20 165
74 799
-
-
withholding
4 004
15 478
-
-
total
4 004
15 478
-
-
Income
88 000
88 000
88 000
88 000
Total tax
36 374
28 679
40 744
41 367
After tax
51 626
59 321
47 256
46 633
Living cost
35 467
35 467
35 467
35 467
Free-cash
16 159
23 854
11 789
11 166

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
₽57870
₽51716
₽48012
₽50493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
13 200
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
-
-
-
22 617
Employee
23 001
-
81 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 108
-
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
-
13 215
-
Employer
23 001
-
81 080
-
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
60 486
88 000
-
-
income
6 049
8 800
-
-
total
6 049
8 800
-
-
Dividends
54 437
79 200
-
-
withholding
2 722
3 960
-
-
total
2 722
3 960
-
-
Income
88 000
88 000
88 000
88 000
Total tax
18 914
12 760
20 136
22 617
After tax
69 086
75 240
67 864
65 383
Living cost
17 370
17 370
17 370
17 370
Free-cash
51 716
57 870
50 493
48 012

Estimated living cost  is ₽17370 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
₽6475
₽19676
₽19196
₽25091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
trade
-
-
-
5 895
income

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

-
-
-
16 165
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.

-
-
-
889
total
-
-
-
29 843
Employee

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

50 212
-
88 000
-
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
-
889
-
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
-
16 165
-
total
11 251
-
23 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 788
88 000
-
-
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.

312
726
-
-
income
5 669
13 201
-
-
trade
5 422
12 628
-
-
chamber of commerce
209
282
-
-
total
11 612
26 837
-
-
Dividends
26 176
61 164
-
-
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.

339
820
-
-
withholding
6 161
14 907
-
-
total
6 500
15 727
-
-
Income
88 000
88 000
88 000
88 000
Total tax
29 363
42 564
23 948
29 843
After tax
58 637
45 436
64 052
58 157
Living cost
38 961
38 961
38 961
38 961
Free-cash
19 676
6 475
25 091
19 196

Estimated living cost  is ₽38961 per week

₽26876
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
₽4114
₽6341
₽4439
₽4439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
18 519
social contributions
-
-
-
7 555
total
-
-
-
26 074
Employee
78 939
-
88 000
-
income
14 896
-
18 519
-
social contributions
6 558
-
7 555
-
total
21 454
-
26 074
-
Employer
78 939
-
88 000
-
total
-
-
-
-
Corporate
9 061
88 000
-
-
income
1 132
11 000
-
-
total
1 132
11 000
-
-
Dividends
7 929
77 000
-
-
withholding
1 586
15 399
-
-
total
1 586
15 399
-
-
Income
88 000
88 000
88 000
88 000
Total tax
24 172
26 399
26 074
26 074
After tax
63 828
61 601
61 926
61 926
Living cost
57 487
57 487
57 487
57 487
Free-cash
6 341
4 114
4 439
4 439

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
₽15235
₽20481
₽15900
₽27795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
income
-
-
-
28 726
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
-
-
-
35 467
Employee
46 295
-
83 358
-
income
5 023
-
14 288
-
social contributions
4 638
-
4 642
-
total
9 661
-
18 930
-
Employer
46 295
-
83 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
37 067
88 000
-
-
income
12 973
30 800
-
-
total
12 973
30 800
-
-
Dividends
24 094
57 200
-
-
social contributions
3 614
5 332
-
-
total
3 614
5 332
-
-
Income
88 000
88 000
88 000
88 000
Total tax
30 886
36 132
23 572
35 467
After tax
57 114
51 868
64 428
52 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
20 481
15 235
27 795
15 900

Estimated living cost  is ₽36633 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
₽28319
₽22604
₽27802
₽17931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
income
-
-
-
16 354
pensions
-
-
-
6 229
total
-
-
-
22 583
Employee
51 632
-
77 710
-
health
674
-
1 209
-
income
9 403
-
13 885
-
pensions
3 941
-
7 070
-
total
14 018
-
22 164
-
Employer
51 632
-
77 710
-
pensions
5 217
-
8 814
-
health
981
-
1 476
-
total
6 198
-
10 290
-
Corporate
30 170
88 000
-
-
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.

5 732
16 720
-
-
total
5 732
16 720
-
-
Dividends
24 438
71 280
-
-
withholding
1 833
5 346
-
-
total
1 833
5 346
-
-
Income
88 000
88 000
88 000
88 000
Total tax
27 781
22 066
32 454
22 583
After tax
60 219
65 934
55 546
65 417
Living cost
37 615
37 615
37 615
37 615
Free-cash
22 604
28 319
17 931
27 802

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
-₽16768
₽3461
₽36580
₽20787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
accident
-
-
-
253
income
-
-
-
20 537
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 524
Employee
37 589
-
73 904
-
health
4 304
-
8 462
-
income
5 157
-
13 105
-
pensions
4 233
-
7 653
-
total
13 694
-
29 220
-
Employer
37 589
-
73 904
-
accident
628
-
1 234
-
unemployment
921
-
1 811
-
pensions
6 112
-
11 052
-
total
7 661
-
14 097
-
Corporate
42 751
88 000
-
-
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.

38 476
79 200
-
-
total
38 476
79 200
-
-
Dividends
4 275
8 800
-
-
withholding
812
1 672
-
-
total
812
1 672
-
-
Income
88 000
88 000
88 000
88 000
Total tax
60 643
80 872
43 317
27 524
After tax
27 357
7 128
44 683
60 476
Living cost
23 896
23 896
23 896
23 896
Free-cash
3 461
-16 768
20 787
36 580

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Close
Skopje , Macedonia
₽61169
₽56262
₽37018
₽39028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 000
work injury
-
-
-
440
health insurance
-
-
-
6 512
income
-
-
-
13 151
pensions
-
-
-
16 192
unemployment
-
-
-
1 056
total
-
-
-
37 351
Employee

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

21 810
-
88 000
-
work injury
109
-
403
-
income
2 181
-
13 151
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 190
88 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
66 190
88 000
-
-
withholding
9 928
13 200
-
-
total
9 928
13 200
-
-
Income
88 000
88 000
88 000
88 000
Total tax
18 107
13 200
35 341
37 351
After tax
69 893
74 800
52 659
50 649
Living cost
13 631
13 631
13 631
13 631
Free-cash
56 262
61 169
39 028
37 018

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
₽6149
₽1558
₽5146
₽1120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 000
municipal
-
-
-
588
regional
-
-
-
1 638
national
-
-
-
17 791
social contributions
-
-
-
22 634
total
-
-
-
42 651
Employee
85 039
-
88 000
-
social contributions
28 675
-
29 674
-
regional
1 284
-
1 362
-
municipal
507
-
525
-
national
14 371
-
15 116
-
total
44 837
-
46 677
-
Employer
85 039
-
88 000
-
total
-
-
-
-
Corporate
2 961
88 000
-
-
nationa
710
21 120
-
-
municipal
144
4 242
-
-
total
854
25 362
-
-
Dividends
2 107
62 639
-
-
withholding
548
16 286
-
-
total
548
16 286
-
-
Income
88 000
88 000
88 000
88 000
Total tax
46 239
41 648
46 677
42 651
After tax
41 761
46 352
41 323
45 349
Living cost
40 203
40 203
40 203
40 203
Free-cash
1 558
6 149
1 120
5 146

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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close