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
₽ 94000
per

Your estimated
City
free-cash

Dresden , Germany
₽29851
₽37335
₽28319
₽17259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
trade
-
-
-
7 484
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.

-
-
-
6 831
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.

-
-
-
18 529
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.

-
-
-
1 019
total
-
-
-
33 863
Employee

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

38 244
-
94 000
-
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.

59
-
1 019
-
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.

1 068
-
18 529
-
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.

6 831
-
6 831
-
total
7 958
-
26 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 756
94 000
-
-
trade
8 782
14 804
-
-
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.

459
776
-
-
income
8 364
14 100
-
-
chamber of commerce
231
287
-
-
total
17 836
29 967
-
-
Dividends
37 920
64 033
-
-
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.

501
860
-
-
withholding
9 100
15 628
-
-
total
9 601
16 488
-
-
Income
94 000
94 000
94 000
94 000
Total tax
35 395
46 455
26 379
33 863
After tax
58 605
47 545
67 621
60 137
Living cost
30 286
30 286
30 286
30 286
Free-cash
28 319
17 259
37 335
29 851

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6480
₽7218
₽7374
₽8214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
1 011
municipal
-
-
-
9 722
national
-
-
-
15 065
pensions
-
-
-
11 280
total
-
-
-
37 078
Employee
78 195
-
81 262
-
pensions
3 128
-
3 250
-
national
14 966
-
15 629
-
municipal
9 658
-
10 086
-
total
27 752
-
28 965
-
Employer
78 195
-
81 262
-
pensions
6 256
-
6 501
-
social contributions
841
-
874
-
total
7 097
-
7 375
-
Corporate
3 548
94 000
-
-
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%.

710
18 800
-
-
total
710
18 800
-
-
Dividends
2 839
75 200
-
-
withholding
625
16 544
-
-
total
625
16 544
-
-
Income
94 000
94 000
94 000
94 000
Total tax
36 184
35 344
36 340
37 078
After tax
57 816
58 656
57 660
56 922
Living cost
50 442
50 442
50 442
50 442
Free-cash
7 374
8 214
7 218
6 480

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29446
₽32251
₽46195
₽54398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
social contributions

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

-
-
-
30 221
income
-
-
-
13 531
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
43 752
Employee
29 217
-
75 752
-
income
5 201
-
14 367
-
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.

3 214
-
8 332
-
surtax
-
-
-
-
total
8 415
-
22 699
-
Employer
29 217
-
75 752
-
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.

7 038
-
18 248
-
surtax
-
-
-
-
total
7 038
-
18 248
-
Corporate
57 745
94 000
-
-
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%.

11 550
18 800
-
-
total
11 550
18 800
-
-
Dividends

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

46 195
75 200
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
27 003
18 800
40 947
43 752
After tax
66 997
75 200
53 053
50 248
Living cost
20 802
20 802
20 802
20 802
Free-cash
46 195
54 398
32 251
29 446

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11502
-₽5291
-₽5291
₽322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
health
-
-
-
11 639
income
-
-
-
17 257
pensions
-
-
-
11 715
total
-
-
-
40 611
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
57 404
51 791
57 404
40 611
After tax
36 596
42 209
36 596
53 389
Living cost
41 887
41 887
41 887
41 887
Free-cash
-5 291
322
-5 291
11 502

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10390
₽11750
₽12014
₽12876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
20 751
health
-
-
-
5 258
national
-
-
-
-
pensions
-
-
-
9 109
total
-
-
-
45 162
Employee
54 785
-
71 526
-
national
-
-
-
-
municipal
16 337
-
21 329
-
total
16 337
-
21 329
-
Employer
54 785
-
71 526
-
pensions
5 922
-
7 732
-
other
6 366
-
8 311
-
accident
110
-
143
-
health
3 369
-
4 399
-
unemployment
1 446
-
1 888
-
total
17 213
-
22 473
-
Corporate
22 002
94 000
-
-
income
4 840
20 680
-
-
total
4 840
20 680
-
-
Dividends
17 161
73 320
-
-
withholding
5 148
21 996
-
-
total
5 148
21 996
-
-
Income
94 000
94 000
94 000
94 000
Total tax
43 538
42 676
43 802
45 162
After tax
50 462
51 324
50 198
48 838
Living cost
38 448
38 448
38 448
38 448
Free-cash
12 014
12 876
11 750
10 390

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20525
₽28341
₽21833
₽7782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
trade
-
-
-
7 816
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.

-
-
-
6 831
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.

-
-
-
18 529
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.

-
-
-
1 019
total
-
-
-
34 195
Employee

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

50 706
-
94 000
-
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.

239
-
1 019
-
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.

4 357
-
18 529
-
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.

6 831
-
6 831
-
total
11 427
-
26 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 294
94 000
-
-
trade
7 121
15 463
-
-
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.

357
776
-
-
income
6 493
14 100
-
-
chamber of commerce
213
285
-
-
total
14 184
30 624
-
-
Dividends
29 110
63 377
-
-
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.

379
850
-
-
withholding
6 897
15 464
-
-
total
7 276
16 314
-
-
Income
94 000
94 000
94 000
94 000
Total tax
32 887
46 938
26 379
34 195
After tax
61 113
47 062
67 621
59 805
Living cost
39 280
39 280
39 280
39 280
Free-cash
21 833
7 782
28 341
20 525

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35068
₽34974
₽32262
₽36412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
14 664
health
-
-
-
2 397
income
-
-
-
9 440
total
-
-
-
26 501
Employee
76 887
76 887
85 338
-
income
8 074
7 117
9 398
-
social contributions
3 736
6 381
7 083
-
health
765
1 307
1 452
-
total
12 575
14 805
17 933
-
Employer
76 887
76 887
85 338
-
health
833
1 423
1 579
-
social contributions
3 736
6 381
7 083
-
total
4 569
7 804
8 662
-
Corporate
44 425
9 309
-
-
income
5 554
1 163
-
-
total
5 554
1 163
-
-
Dividends
38 871
8 146
-
-
withholding
6 609
1 385
-
-
total
6 609
1 385
-
-
Income
94 000
94 000
94 000
94 000
Total tax
29 307
25 157
26 595
26 501
After tax
64 693
68 843
67 405
67 499
Living cost
32 431
32 431
32 431
32 431
Free-cash
32 262
36 412
34 974
35 068

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46882
₽36257
₽35121
₽34742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
unemployment
-
-
-
1 410
health
-
-
-
6 580
income
-
-
-
11 492
pensions
-
-
-
9 400
total
-
-
-
28 882
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.

26 323
10 476
78 661
-
income
3 218
1 281
9 616
-
pensions
2 632
1 048
7 866
-
unemployment
395
157
1 180
-
health
1 843
733
5 506
-
total
8 088
3 219
24 168
-
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.

26 323
10 476
78 661
-
pensions
5 133
2 043
15 339
-
total
5 133
2 043
15 339
-
Corporate
62 544
81 481
-
-
income
5 629
7 333
-
-
total
5 629
7 333
-
-
Dividends
56 915
74 148
-
-
social contributions
10 979
14 339
-
-
withholding
10 814
14 088
-
-
total
21 793
28 427
-
-
Income
94 000
94 000
94 000
94 000
Total tax
40 643
41 022
39 507
28 882
After tax
53 357
52 978
54 493
65 118
Living cost
18 236
18 236
18 236
18 236
Free-cash
35 121
34 742
36 257
46 882

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26234
₽30028
₽44838
₽51049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
health
-
-
-
12 220
income
-
-
-
12 595
pensions
-
-
-
18 800
total
-
-
-
43 615
Employee
28 365
-
70 255
-
income
3 193
-
13 546
-
pensions
567
-
1 406
-
unemployment
453
-
1 123
-
total
4 213
-
16 075
-
Employer
28 365
-
70 255
-
pensions
5 673
-
14 051
-
health
3 687
-
9 133
-
unemployment
228
-
562
-
total
9 588
-
23 746
-
Corporate
56 047
94 000
-
-
income
11 210
18 800
-
-
total
11 210
18 800
-
-
Dividends
44 837
75 200
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
25 011
18 800
39 821
43 615
After tax
68 989
75 200
54 179
50 385
Living cost
24 151
24 151
24 151
24 151
Free-cash
44 838
51 049
30 028
26 234

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42638
₽26283
₽4252
-₽14300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
22 510
pensions
-
-
-
4 145
total
-
-
-
29 448
Employee
34 472
-
79 740
-
income
4 729
-
14 814
-
pensions
3 882
-
7 599
-
health
3 947
-
9 130
-
total
12 558
-
31 543
-
Employer
34 472
-
79 740
-
pensions
5 605
-
10 974
-
accident
575
-
1 332
-
unemployment
845
-
1 954
-
total
7 025
-
14 260
-
Corporate
52 503
94 000
-
-
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.

47 253
84 600
-
-
total
47 253
84 600
-
-
Dividends
5 250
9 400
-
-
withholding
998
1 786
-
-
total
998
1 786
-
-
Income
94 000
94 000
94 000
94 000
Total tax
67 834
86 386
45 803
29 448
After tax
26 166
7 614
48 197
64 552
Living cost
21 914
21 914
21 914
21 914
Free-cash
4 252
-14 300
26 283
42 638

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽84049
₽66189
₽78600
₽80289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
94 000
microenterprise

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

-
-
-
940
total
-
-
-
940
Employee
11 263
-
94 000
-
income
2 252
-
18 800
-
total
2 252
-
18 800
-
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%.

82 737
94 000
-
-
total
-
-
-
-
Dividends
82 737
94 000
-
-
withholding
4 137
4 700
-
-
total
4 137
4 700
-
-
Income
94 000
94 000
94 000
94 000
Total tax
6 389
4 700
18 800
940
After tax
87 611
89 300
75 200
93 060
Living cost
9 011
9 011
9 011
9 011
Free-cash
78 600
80 289
66 189
84 049

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24258
₽28457
₽35666
₽42419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
4 465
health
-
-
-
4 136
income
-
-
-
11 939
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.

-
-
-
22 559
total
-
-
-
43 099
Employee
36 305
-
75 076
-
income
6 250
-
12 924
-
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.

2 541
-
5 256
-
unemployment
362
-
751
-
health
509
-
1 051
-
total
9 662
-
19 982
-
Employer
36 305
-
75 076
-
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.

6 172
-
12 762
-
other
1 816
-
3 753
-
accident
290
-
601
-
health
509
-
1 051
-
unemployment
362
-
751
-
total
9 149
-
18 918
-
Corporate
48 545
94 000
-
-
income
10 195
19 739
-
-
total
10 195
19 739
-
-
Dividends
38 350
74 261
-
-
withholding
2 685
5 199
-
-
total
2 685
5 199
-
-
Income
94 000
94 000
94 000
94 000
Total tax
31 691
24 938
38 900
43 099
After tax
62 309
69 062
55 100
50 901
Living cost
26 643
26 643
26 643
26 643
Free-cash
35 666
42 419
28 457
24 258

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1689
-₽8166
-₽14195
₽3177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
income
-
-
-
18 277
pensions
-
-
-
6 781
total
-
-
-
25 058
Employee
95 153
-
82 885
-
income
17 152
-
14 772
-
pensions
9 180
-
7 707
-
health
1 568
-
1 318
-
total
27 900
-
23 797
-
Employer
95 153
-
82 885
-
pensions
11 235
-
9 541
-
health
1 807
-
1 575
-
total
13 042
-
11 116
-
Corporate
-
94 000
-
-
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.

-
17 861
-
-
total
-
17 861
-
-
Dividends
-
76 139
-
-
withholding
-
5 709
-
-
total
-
5 709
-
-
Income
94 000
94 000
94 000
94 000
Total tax
40 942
23 570
34 913
25 058
After tax
53 058
70 430
59 087
68 942
Living cost
67 253
67 253
67 253
67 253
Free-cash
-14 195
3 177
-8 166
1 689

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57469
₽60272
₽62620
₽67263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
14 100
pensions

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

-
-
-
5 168
total
-
-
-
23 424
Employee
17 356
-
87 149
-
income
1 735
-
8 714
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
13 770
-
Employer
17 356
-
87 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
73 238
94 000
-
-
income
7 323
9 400
-
-
total
7 323
9 400
-
-
Dividends
65 915
84 600
-
-
withholding
3 296
4 230
-
-
total
3 296
4 230
-
-
Income
94 000
94 000
94 000
94 000
Total tax
18 273
13 630
20 621
23 424
After tax
75 727
80 370
73 379
70 576
Living cost
13 107
13 107
13 107
13 107
Free-cash
62 620
67 263
60 272
57 469

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2056
-₽18849
-₽14932
-₽13236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
health
-
-
-
11 639
income
-
-
-
17 257
pensions
-
-
-
11 715
total
-
-
-
40 611
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
53 487
51 791
57 404
40 611
After tax
40 513
42 209
36 596
53 389
Living cost
55 445
55 445
55 445
55 445
Free-cash
-14 932
-13 236
-18 849
-2 056

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21771
₽23690
₽32141
₽40707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
27 448
health
-
-
-
12 690
income
-
-
-
8 079
solidarity contribution
-
-
-
-
total
-
-
-
48 217
Employee
35 311
-
70 149
-
income
4 237
-
8 418
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
4 560
-
health
4 767
-
9 470
-
total
11 299
-
22 448
-
Employer
35 311
-
70 149
-
health
3 178
-
6 313
-
social contributions
8 828
-
17 537
-
total
12 006
-
23 850
-
Corporate
46 683
94 000
-
-
income
8 870
17 860
-
-
total
8 870
17 860
-
-
Dividends
37 813
76 140
-
-
withholding
5 672
11 421
-
-
total
5 672
11 421
-
-
Income
94 000
94 000
94 000
94 000
Total tax
37 847
29 281
46 298
48 217
After tax
56 153
64 719
47 702
45 783
Living cost
24 012
24 012
24 012
24 012
Free-cash
32 141
40 707
23 690
21 771

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6496
₽2023
₽2740
₽7961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
24 178
municipal
-
-
-
558
national
-
-
-
19 550
regional
-
-
-
1 026
total
-
-
-
45 312
Employee
88 864
-
94 000
-
national
15 398
-
16 692
-
social contributions
29 965
-
31 697
-
municipal
471
-
499
-
regional
838
-
897
-
total
46 672
-
49 785
-
Employer
88 864
-
94 000
-
total
-
-
-
-
Corporate
5 136
94 000
-
-
nationa
1 233
22 559
-
-
municipal
201
3 666
-
-
total
1 434
26 225
-
-
Dividends
3 702
67 775
-
-
withholding
962
17 622
-
-
total
962
17 622
-
-
Income
94 000
94 000
94 000
94 000
Total tax
49 068
43 847
49 785
45 312
After tax
44 932
50 153
44 215
48 688
Living cost
42 192
42 192
42 192
42 192
Free-cash
2 740
7 961
2 023
6 496

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26911
₽25099
₽33950
₽37063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 673
income
-
-
-
17 301
surtax
-
-
-
2 023
pensions
-
-
-
18 800
total
-
-
-
45 025
Employee
33 066
-
77 655
-
income
5 543
-
16 113
-
pensions
2 205
-
5 180
-
unemployment
2 302
-
5 404
-
health
844
-
1 981
-
other
-
-
-
-
surtax
108
-
1 814
-
total
11 002
-
30 492
-
Employer
33 066
-
77 655
-
pensions
4 408
-
10 351
-
other
-
-
-
-
health
1 505
-
3 533
-
unemployment
1 047
-
2 461
-
total
6 960
-
16 345
-
Corporate
53 974
94 000
-
-
income
14 034
24 439
-
-
total
14 034
24 439
-
-
Dividends
39 941
69 561
-
-
withholding
5 990
10 434
-
-
total
5 990
10 434
-
-
Income
94 000
94 000
94 000
94 000
Total tax
37 986
34 873
46 837
45 025
After tax
56 014
59 127
47 163
48 975
Living cost
22 064
22 064
22 064
22 064
Free-cash
33 950
37 063
25 099
26 911

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22996
₽13141
₽16571
₽24484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
income
-
-
-
18 277
pensions
-
-
-
6 781
total
-
-
-
25 058
Employee
63 769
-
82 885
-
income
11 485
-
14 772
-
pensions
5 413
-
7 707
-
health
926
-
1 318
-
total
17 824
-
23 797
-
Employer
63 769
-
82 885
-
pensions
6 903
-
9 541
-
health
1 211
-
1 575
-
total
8 114
-
11 116
-
Corporate
22 116
94 000
-
-
income

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

4 201
17 861
-
-
total
4 201
17 861
-
-
Dividends
17 915
76 139
-
-
withholding
1 344
5 709
-
-
total
1 344
5 709
-
-
Income
94 000
94 000
94 000
94 000
Total tax
31 483
23 570
34 913
25 058
After tax
62 517
70 430
59 087
68 942
Living cost
45 946
45 946
45 946
45 946
Free-cash
16 571
24 484
13 141
22 996

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3058
-₽1728
-₽2875
-₽32598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other

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

-
-
-
1 879
health
-
-
-
247
city
-
-
-
990
national
-
-
-
499
regional
-
-
-
3 098
pensions
-
-
-
8 648
total
-
-
-
15 361
Employee
88 449
-
84 135
-
pensions
7 431
-
7 066
-
national
419
-
384
-
unemployment
-
-
-
-
city
949
-
905
-
health
200
-
190
-
regional
2 896
-
2 663
-
total
11 895
-
11 208
-
Employer
88 449
-
84 135
-
pensions
7 431
-
7 066
-
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.

1 768
-
1 683
-
health
200
-
190
-
unemployment
-
-
-
-
total
9 399
-
8 939
-
Corporate
-
94 000
-
-
regional
-
19 882
-
-
national
-
7 990
-
-
total
-
27 872
-
-
Dividends
-
66 128
-
-
withholding
-
23 145
-
-
total
-
23 145
-
-
Income
94 000
94 000
94 000
94 000
Total tax
21 294
51 017
20 147
15 361
After tax
72 706
42 983
73 853
78 639
Living cost
75 581
75 581
75 581
75 581
Free-cash
-2 875
-32 598
-1 728
3 058

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13668
₽21816
₽16988
₽773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
trade
-
-
-
8 148
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.

-
-
-
6 831
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.

-
-
-
18 529
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.

-
-
-
1 019
total
-
-
-
34 527
Employee

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

60 091
-
94 000
-
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.

389
-
1 019
-
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.

7 066
-
18 529
-
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.

6 831
-
6 831
-
total
14 286
-
26 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 909
94 000
-
-
trade
5 816
16 121
-
-
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.

279
776
-
-
income
5 087
14 100
-
-
chamber of commerce
199
285
-
-
total
11 381
31 282
-
-
Dividends
22 528
62 718
-
-
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.

288
841
-
-
withholding
5 252
15 299
-
-
total
5 540
16 140
-
-
Income
94 000
94 000
94 000
94 000
Total tax
31 207
47 422
26 379
34 527
After tax
62 793
46 578
67 621
59 473
Living cost
45 805
45 805
45 805
45 805
Free-cash
16 988
773
21 816
13 668

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20091
₽19484
₽19073
₽13166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
2 916
social contributions
-
-
-
2 677
health
-
-
-
1 412
income
-
-
-
8 105
surtax
-
-
-
-
pensions
-
-
-
24 590
total
-
-
-
39 700
Employee
42 794
-
71 629
-
income
2 526
-
7 796
-
pensions
4 839
-
8 102
-
social contributions
1 220
-
2 040
-
surtax
-
-
-
-
total
8 585
-
17 938
-
Employer
42 794
-
71 629
-
pensions
7 030
-
11 770
-
other
1 476
-
2 471
-
health
2 996
-
5 013
-
unemployment
1 732
-
2 901
-
social contributions
129
-
214
-
total
13 363
-
22 369
-
Corporate
37 842
94 000
-
-
surtax
-
-
-
-
income
10 595
26 320
-
-
total
10 595
26 320
-
-
Dividends
27 247
67 680
-
-
surtax
-
-
-
-
social contributions
4 687
11 641
-
-
withholding
3 488
8 664
-
-
total
8 175
20 305
-
-
Income
94 000
94 000
94 000
94 000
Total tax
40 718
46 625
40 307
39 700
After tax
53 282
47 375
53 693
54 300
Living cost
34 209
34 209
34 209
34 209
Free-cash
19 073
13 166
19 484
20 091

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23480
₽22873
₽22108
₽16555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
2 916
social contributions
-
-
-
2 677
health
-
-
-
1 412
income
-
-
-
8 105
surtax
-
-
-
-
pensions
-
-
-
24 590
total
-
-
-
39 700
Employee
38 199
-
71 629
-
income
1 970
-
7 796
-
pensions
4 321
-
8 102
-
social contributions
1 089
-
2 040
-
surtax
-
-
-
-
total
7 380
-
17 938
-
Employer
38 199
-
71 629
-
pensions
6 277
-
11 770
-
other
1 319
-
2 471
-
health
2 674
-
5 013
-
unemployment
1 546
-
2 901
-
social contributions
114
-
214
-
total
11 930
-
22 369
-
Corporate
43 871
94 000
-
-
surtax
-
-
-
-
income
12 284
26 320
-
-
total
12 284
26 320
-
-
Dividends
31 587
67 680
-
-
surtax
-
-
-
-
social contributions
5 434
11 641
-
-
withholding
4 044
8 664
-
-
total
9 478
20 305
-
-
Income
94 000
94 000
94 000
94 000
Total tax
41 072
46 625
40 307
39 700
After tax
52 928
47 375
53 693
54 300
Living cost
30 820
30 820
30 820
30 820
Free-cash
22 108
16 555
22 873
23 480

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39166
₽39640
₽36667
₽36147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
12 971
health
-
-
-
6 561
income
-
-
-
14 100
total
-
-
-
33 632
Employee
33 902
-
94 000
-
income
5 654
-
13 626
-
social contributions
4 679
-
12 971
-
health
2 366
-
6 561
-
total
12 699
-
33 158
-
Employer
33 902
-
94 000
-
total
-
-
-
-
Corporate
60 098
94 000
-
-
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%.

3 006
4 700
-
-
total
3 006
4 700
-
-
Dividends
57 092
89 300
-
-
social contributions
7 878
12 324
-
-
health
3 985
6 233
-
-
withholding
8 563
13 394
-
-
total
20 426
31 951
-
-
Income
94 000
94 000
94 000
94 000
Total tax
36 131
36 651
33 158
33 632
After tax
57 869
57 349
60 842
60 368
Living cost
21 202
21 202
21 202
21 202
Free-cash
36 667
36 147
39 640
39 166

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12855
-₽5945
₽16016
₽17563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
chamber of commerce
-
-
-
376
unemployment
-
-
-
6 133
health
-
-
-
7 191
income
-
-
-
14 626
surtax
-
-
-
197
pensions
-
-
-
17 390
total
-
-
-
45 913
Employee
49 970
39 847
72 837
-
income
5 689
2 939
13 096
-
pensions
5 117
4 080
7 459
-
unemployment
1 499
1 195
2 186
-
health
1 934
1 543
2 820
-
other
499
398
729
-
total
14 738
10 155
26 290
-
Employer
49 970
39 847
72 837
-
pensions
6 271
5 002
9 142
-
other
2 374
1 892
3 459
-
accident
649
518
947
-
health
1 888
1 507
2 753
-
payroll
1 499
1 195
2 186
-
chamber of commerce
199
159
292
-
unemployment
1 499
1 195
2 186
-
surtax
197
197
197
-
total
14 576
11 665
21 162
-
Corporate
29 454
42 487
69 043
-
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.

7 364
10 622
17 261
-
total
7 364
10 622
17 261
-
Dividends
22 090
31 865
-
-
withholding
6 074
8 763
-
-
total
6 074
8 763
-
-
Income
94 000
94 000
94 000
94 000
Total tax
42 752
41 205
64 713
45 913
After tax
51 248
52 795
29 287
48 087
Living cost
35 232
35 232
35 232
35 232
Free-cash
16 016
17 563
-5 945
12 855

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8423
₽548
₽1288
₽16284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
14 341
communal

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

-
-
-
4 780
national
-
-
-
29 999
total
-
-
-
49 120
Employee

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

71 523
-
72 803
-
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.

5 364
-
5 461
-
national
21 989
-
22 490
-
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.

622
-
634
-
communal

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

3 730
-
3 797
-
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.

3 360
-
3 421
-
total
35 065
-
35 803
-
Employer

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

71 523
-
72 803
-
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.

6 338
-
6 450
-
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.

930
-
947
-
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.

4 398
-
4 478
-
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.

1 044
-
1 063
-
surtax
8 110
-
8 254
-
total
20 820
-
21 192
-
Corporate
1 658
94 000
-
-
surtax
8
376
-
-
income
332
18 800
-
-
total
340
19 176
-
-
Dividends
1 319
74 824
-
-
withholding

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

30
22 083
-
-
total
30
22 083
-
-
Income
94 000
94 000
94 000
94 000
Total tax
56 255
41 259
56 995
49 120
After tax
37 745
52 741
37 005
44 880
Living cost
36 457
36 457
36 457
36 457
Free-cash
1 288
16 284
548
8 423

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13708
₽14096
₽19273
₽27238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
16 378
pensions
-
-
-
26 227
total
-
-
-
44 182
Employee
49 772
-
71 278
-
income
10 502
-
16 545
-
pensions
2 340
-
3 351
-
unemployment
772
-
1 104
-
other
49
-
72
-
total
13 663
-
21 072
-
Employer
49 772
-
71 278
-
pensions
11 745
-
16 821
-
other
397
-
569
-
accident
985
-
1 412
-
unemployment
2 738
-
3 920
-
total
15 865
-
22 722
-
Corporate
28 363
94 000
-
-
income

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

4 254
14 100
-
-
total
4 254
14 100
-
-
Dividends
24 109
79 900
-
-
withholding
4 835
16 552
-
-
total
4 835
16 552
-
-
Income
94 000
94 000
94 000
94 000
Total tax
38 617
30 652
43 794
44 182
After tax
55 383
63 348
50 206
49 818
Living cost
36 110
36 110
36 110
36 110
Free-cash
19 273
27 238
14 096
13 708

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182
₽4570
-₽3143
₽3370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
accident
-
-
-
793
health
-
-
-
6 605
income
-
-
-
7 392
communal
-
-
-
5 941
surtax
-
-
-
4 660
pensions
-
-
-
14 089
total
-
-
-
39 480
Employee
75 721
-
83 966
-
income
7 314
-
9 457
-
pensions
6 057
-
6 717
-
health
3 370
-
3 738
-
surtax
4 641
-
5 146
-
total
21 382
-
25 058
-
Employer
75 721
-
83 966
-
pensions
6 057
-
6 717
-
accident
681
-
755
-
health
2 309
-
2 562
-
total
9 047
-
10 034
-
Corporate
9 232
94 000
-
-
communal
-
6 345
-
-
surtax
97
987
-
-
income
1 385
14 100
-
-
total
1 482
21 432
-
-
Dividends
7 750
72 568
-
-
withholding
1 163
10 886
-
-
income
9 731
3 974
-
-
total
10 894
14 860
-
-
Income
94 000
94 000
94 000
94 000
Total tax
42 805
36 292
35 092
39 480
After tax
51 195
57 708
58 908
54 520
Living cost
54 338
54 338
54 338
54 338
Free-cash
-3 143
3 370
4 570
182

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26516
₽24704
₽33487
₽36668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 673
income
-
-
-
17 301
surtax
-
-
-
2 023
pensions
-
-
-
18 800
total
-
-
-
45 025
Employee
33 673
-
77 655
-
income
5 645
-
16 113
-
pensions
2 247
-
5 180
-
unemployment
2 343
-
5 404
-
health
860
-
1 981
-
other
-
-
-
-
surtax
120
-
1 814
-
total
11 215
-
30 492
-
Employer
33 673
-
77 655
-
pensions
4 489
-
10 351
-
other
-
-
-
-
health
1 531
-
3 533
-
unemployment
1 068
-
2 461
-
total
7 088
-
16 345
-
Corporate
53 238
94 000
-
-
income
13 842
24 439
-
-
total
13 842
24 439
-
-
Dividends
39 396
69 561
-
-
withholding
5 909
10 434
-
-
total
5 909
10 434
-
-
Income
94 000
94 000
94 000
94 000
Total tax
38 054
34 873
46 837
45 025
After tax
55 946
59 127
47 163
48 975
Living cost
22 459
22 459
22 459
22 459
Free-cash
33 487
36 668
24 704
26 516

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽21361
₽16913
₽20254
₽22474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
24 178
municipal
-
-
-
558
national
-
-
-
19 550
regional
-
-
-
1 418
total
-
-
-
45 704
Employee
55 465
-
94 000
-
national
8 787
-
16 692
-
social contributions
18 703
-
31 697
-
municipal
294
-
499
-
regional
747
-
1 264
-
total
28 531
-
50 152
-
Employer
55 465
-
94 000
-
total
-
-
-
-
Corporate
38 535
94 000
-
-
nationa
9 248
22 559
-
-
municipal
1 915
4 672
-
-
total
11 163
27 231
-
-
Dividends
27 372
66 769
-
-
withholding
7 117
17 360
-
-
total
7 117
17 360
-
-
Income
94 000
94 000
94 000
94 000
Total tax
46 811
44 591
50 152
45 704
After tax
47 189
49 409
43 848
48 296
Living cost
26 935
26 935
26 935
26 935
Free-cash
20 254
22 474
16 913
21 361

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16194
₽18113
₽24574
₽35130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
27 448
health
-
-
-
12 690
income
-
-
-
8 079
solidarity contribution
-
-
-
-
total
-
-
-
48 217
Employee
43 513
-
70 149
-
income
5 222
-
8 418
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
4 560
-
health
5 874
-
9 470
-
total
13 924
-
22 448
-
Employer
43 513
-
70 149
-
health
3 916
-
6 313
-
social contributions
10 878
-
17 537
-
total
14 794
-
23 850
-
Corporate
35 693
94 000
-
-
income
6 782
17 860
-
-
total
6 782
17 860
-
-
Dividends
28 911
76 140
-
-
withholding
4 337
11 421
-
-
total
4 337
11 421
-
-
Income
94 000
94 000
94 000
94 000
Total tax
39 837
29 281
46 298
48 217
After tax
54 163
64 719
47 702
45 783
Living cost
29 589
29 589
29 589
29 589
Free-cash
24 574
35 130
18 113
16 194

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16384
-₽2578
₽20506
₽21002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
chamber of commerce
-
-
-
376
unemployment
-
-
-
6 133
health
-
-
-
7 191
income
-
-
-
14 626
surtax
-
-
-
-
pensions
-
-
-
17 390
total
-
-
-
45 716
Employee
43 708
39 847
72 993
-
income
3 894
2 939
13 151
-
pensions
4 476
4 080
7 474
-
unemployment
1 311
1 195
2 190
-
health
1 691
1 543
2 825
-
other
436
398
731
-
total
11 808
10 155
26 371
-
Employer
43 708
39 847
72 993
-
pensions
5 486
5 002
9 161
-
other
2 076
1 892
3 467
-
accident
567
518
949
-
health
1 653
1 507
2 759
-
payroll
1 311
1 195
2 190
-
chamber of commerce
175
159
292
-
unemployment
1 311
1 195
2 190
-
surtax
-
-
-
-
total
12 579
11 468
21 008
-
Corporate
37 714
42 685
69 198
-
income

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

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

9 429
10 671
17 299
-
total
9 429
10 671
17 299
-
Dividends
28 285
32 013
-
-
withholding
7 778
8 804
-
-
total
7 778
8 804
-
-
Income
94 000
94 000
94 000
94 000
Total tax
41 594
41 098
64 678
45 716
After tax
52 406
52 902
29 322
48 284
Living cost
31 900
31 900
31 900
31 900
Free-cash
20 506
21 002
-2 578
16 384

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79019
₽61159
₽72625
₽75259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
94 000
microenterprise

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

-
-
-
940
total
-
-
-
940
Employee
17 552
-
94 000
-
income
3 511
-
18 800
-
total
3 511
-
18 800
-
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%.

76 448
94 000
-
-
total
-
-
-
-
Dividends
76 448
94 000
-
-
withholding
3 823
4 700
-
-
total
3 823
4 700
-
-
Income
94 000
94 000
94 000
94 000
Total tax
7 334
4 700
18 800
940
After tax
86 666
89 300
75 200
93 060
Living cost
14 041
14 041
14 041
14 041
Free-cash
72 625
75 259
61 159
79 019

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22080
₽19383
₽29534
₽37899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
unemployment
-
-
-
140
health
-
-
-
9 248
income
-
-
-
18 547
pensions
-
-
-
17 166
total
-
-
-
45 101
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.

44 215
-
81 334
-
income
7 625
-
17 158
-
pensions
6 854
-
12 607
-
unemployment
63
-
114
-
health
2 856
-
5 254
-
total
17 398
-
35 133
-
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.

44 215
-
81 334
-
pensions
3 913
-
7 199
-
health
2 945
-
5 417
-
unemployment
27
-
49
-
total
6 885
-
12 665
-
Corporate
42 901
94 000
-
-
income
8 152
17 861
-
-
total
8 152
17 861
-
-
Dividends
34 749
76 139
-
-
withholding
5 212
11 421
-
-
total
5 212
11 421
-
-
Income
94 000
94 000
94 000
94 000
Total tax
37 647
29 282
47 798
45 101
After tax
56 353
64 718
46 202
48 899
Living cost
26 819
26 819
26 819
26 819
Free-cash
29 534
37 899
19 383
22 080

Estimated living cost  is ₽26819 per week

₽18406
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21921
₽37838
-₽54730
₽14150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
10 716
income
-
-
-
18 323
total
-
-
-
29 039
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
94 000
-
-
income
-
20 680
-
-
total
-
20 680
-
-
Dividends
-
73 320
-
-
income
-
16 130
-
-
total
-
16 130
-
-
Income
94 000
94 000
94 000
94 000
Total tax
105 690
36 810
13 122
29 039
After tax
-11 690
57 190
80 878
64 961
Living cost
43 040
43 040
43 040
43 040
Free-cash
-54 730
14 150
37 838
21 921

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21450
₽16937
₽21097
₽22105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
social contributions

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

-
-
-
32 665
income
-
-
-
8 522
surtax
-
-
-
-
total
-
-
-
41 187
Employee
45 987
-
75 959
-
income
9 565
-
19 306
-
social contributions
5 059
-
8 355
-
surtax
-
-
-
-
total
14 624
-
27 661
-
Employer
45 987
-
75 959
-
social contributions
10 922
-
18 039
-
total
10 922
-
18 039
-
Corporate
37 091
94 000
-
-
surtax
-
-
-
-
income
7 789
19 739
-
-
total
7 789
19 739
-
-
Dividends
29 302
74 261
-
-
withholding
8 205
20 793
-
-
total
8 205
20 793
-
-
Income
94 000
94 000
94 000
94 000
Total tax
41 540
40 532
45 700
41 187
After tax
52 460
53 468
48 300
52 813
Living cost
31 363
31 363
31 363
31 363
Free-cash
21 097
22 105
16 937
21 450

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6007
₽5400
₽5958
-₽918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
2 916
social contributions
-
-
-
2 677
health
-
-
-
1 412
income
-
-
-
8 105
surtax
-
-
-
-
pensions
-
-
-
24 590
total
-
-
-
39 700
Employee
62 625
-
71 629
-
income
5 464
-
7 796
-
pensions
7 083
-
8 102
-
social contributions
1 784
-
2 040
-
surtax
-
-
-
-
total
14 331
-
17 938
-
Employer
62 625
-
71 629
-
pensions
10 290
-
11 770
-
other
2 161
-
2 471
-
health
4 383
-
5 013
-
unemployment
2 537
-
2 901
-
social contributions
188
-
214
-
total
19 559
-
22 369
-
Corporate
11 816
94 000
-
-
surtax
-
-
-
-
income
3 309
26 320
-
-
total
3 309
26 320
-
-
Dividends
8 507
67 680
-
-
surtax
-
-
-
-
social contributions
1 461
11 641
-
-
withholding
1 089
8 664
-
-
total
2 550
20 305
-
-
Income
94 000
94 000
94 000
94 000
Total tax
39 749
46 625
40 307
39 700
After tax
54 251
47 375
53 693
54 300
Living cost
48 293
48 293
48 293
48 293
Free-cash
5 958
-918
5 400
6 007

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41874
₽44503
₽51185
₽54544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
20 681
income
-
-
-
1 389
total
-
-
-
22 070
Employee
32 145
-
81 386
-
social contributions
2 089
-
5 290
-
income
-
-
1 537
-
total
2 089
-
6 827
-
Employer
32 145
-
81 386
-
social contributions
4 983
-
12 614
-
total
4 983
-
12 614
-
Corporate
56 872
94 000
-
-
income
5 687
9 400
-
-
total
5 687
9 400
-
-
Dividends
51 185
84 600
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
12 759
9 400
19 441
22 070
After tax
81 241
84 600
74 559
71 930
Living cost
30 056
30 056
30 056
30 056
Free-cash
51 185
54 544
44 503
41 874

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10493
-₽123924
-₽123924
-₽123924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
municipal
-
-
-
17 142
national
-
-
-
9 877
labour market
-
-
-
7 451
pensions
-
-
-
867
total
-
-
-
35 337
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
94 000
94 000
94 000
94 000
Total tax
169 754
169 754
169 754
35 337
After tax
-75 754
-75 754
-75 754
58 663
Living cost
48 170
48 170
48 170
48 170
Free-cash
-123 924
-123 924
-123 924
10 493

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42961
₽26606
₽4303
-₽13977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
22 510
pensions
-
-
-
4 145
total
-
-
-
29 448
Employee
33 964
-
79 740
-
income
4 659
-
14 814
-
pensions
3 825
-
7 599
-
health
3 889
-
9 130
-
total
12 373
-
31 543
-
Employer
33 964
-
79 740
-
pensions
5 522
-
10 974
-
accident
567
-
1 332
-
unemployment
832
-
1 954
-
total
6 921
-
14 260
-
Corporate
53 115
94 000
-
-
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.

47 803
84 600
-
-
total
47 803
84 600
-
-
Dividends
5 312
9 400
-
-
withholding
1 009
1 786
-
-
total
1 009
1 786
-
-
Income
94 000
94 000
94 000
94 000
Total tax
68 106
86 386
45 803
29 448
After tax
25 894
7 614
48 197
64 552
Living cost
21 591
21 591
21 591
21 591
Free-cash
4 303
-13 977
26 606
42 961

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29033
₽15709
₽21777
₽24572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
94 000
municipal
-
-
-
16 734
health
-
-
-
1 030
national
-
-
-
8 815
total
-
-
-
26 579
Employee
52 606
-
79 076
-
pensions
3 550
-
5 338
-
national
869
-
4 738
-
municipal
8 616
-
12 916
-
unemployment
789
-
1 186
-
health
393
-
801
-
total
14 217
-
24 979
-
Employer
52 606
-
79 076
-
pensions
9 127
-
13 721
-
accident
53
-
80
-
health
404
-
609
-
unemployment
342
-
514
-
total
9 926
-
14 924
-
Corporate
31 468
94 000
-
-
income
6 294
18 800
-
-
total
6 294
18 800
-
-
Dividends

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

18 881
56 400
-
-
municipal
3 398
10 151
-
-
national
-
2 089
-
-
total
3 398
12 240
-
-
Income
94 000
94 000
94 000
94 000
Total tax
33 835
31 040
39 903
26 579
After tax
60 165
62 960
54 097
67 421
Living cost
38 388
38 388
38 388
38 388
Free-cash
21 777
24 572
15 709
29 033

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44349
₽44255
₽40248
₽45693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
14 664
health
-
-
-
2 397
income
-
-
-
9 440
total
-
-
-
26 501
Employee
76 887
76 887
85 338
-
income
8 372
7 117
9 398
-
social contributions
2 907
6 381
7 083
-
health
596
1 307
1 452
-
total
11 875
14 805
17 933
-
Employer
76 887
76 887
85 338
-
health
647
1 423
1 579
-
social contributions
2 907
6 381
7 083
-
total
3 554
7 804
8 662
-
Corporate
55 421
9 309
-
-
income
6 928
1 163
-
-
total
6 928
1 163
-
-
Dividends
48 494
8 146
-
-
withholding
8 245
1 385
-
-
total
8 245
1 385
-
-
Income
94 000
94 000
94 000
94 000
Total tax
30 602
25 157
26 595
26 501
After tax
63 398
68 843
67 405
67 499
Living cost
23 150
23 150
23 150
23 150
Free-cash
40 248
45 693
44 255
44 349

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59233
₽42122
₽56878
₽61966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
94 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
8 886
pensions
-
-
-
6 360
total
-
-
-
18 892
Employee

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

22 951
-
85 222
-
income
1 569
-
6 770
-
pensions
3 442
-
12 783
-
unemployment
114
-
427
-
health
1 951
-
7 245
-
total
7 076
-
27 225
-
Employer

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

22 951
-
85 222
-
pensions
1 262
-
4 687
-
health
987
-
3 664
-
unemployment
114
-
427
-
total
2 363
-
8 778
-
Corporate
68 687
94 000
-
-
income
6 182
8 461
-
-
total
6 182
8 461
-
-
Dividends
62 505
85 539
-
-
withholding
5 626
7 698
-
-
total
5 626
7 698
-
-
Income
94 000
94 000
94 000
94 000
Total tax
21 247
16 159
36 003
18 892
After tax
72 753
77 841
57 997
75 108
Living cost
15 875
15 875
15 875
15 875
Free-cash
56 878
61 966
42 122
59 233

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22322
₽22710
₽30609
₽35852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
16 378
pensions
-
-
-
26 227
total
-
-
-
44 182
Employee
36 972
-
71 278
-
income
7 128
-
16 545
-
pensions
1 738
-
3 351
-
unemployment
573
-
1 104
-
other
36
-
72
-
total
9 475
-
21 072
-
Employer
36 972
-
71 278
-
pensions
8 725
-
16 821
-
other
296
-
569
-
accident
732
-
1 412
-
unemployment
2 034
-
3 920
-
total
11 787
-
22 722
-
Corporate
45 241
94 000
-
-
income

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

6 785
14 100
-
-
total
6 785
14 100
-
-
Dividends
38 456
79 900
-
-
withholding
7 848
16 552
-
-
total
7 848
16 552
-
-
Income
94 000
94 000
94 000
94 000
Total tax
35 895
30 652
43 794
44 182
After tax
58 105
63 348
50 206
49 818
Living cost
27 496
27 496
27 496
27 496
Free-cash
30 609
35 852
22 710
22 322

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56754
₽56558
₽55468
₽55918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
health
-
-
-
1 448
income
-
-
-
31 063
pensions
-
-
-
1 997
total
-
-
-
34 508
Employee
4 171
-
91 753
-
income
807
-
30 958
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
32 456
-
Employer
4 171
-
91 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
88 891
94 000
-
-
income
19 556
20 680
-
-
total
19 556
20 680
-
-
Dividends
69 335
73 320
-
-
withholding
13 867
14 664
-
-
total
13 867
14 664
-
-
Income
94 000
94 000
94 000
94 000
Total tax
35 794
35 344
34 704
34 508
After tax
58 206
58 656
59 296
59 492
Living cost
2 738
2 738
2 738
2 738
Free-cash
55 468
55 918
56 558
56 754

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31711
₽31711
₽45702
₽50622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
17 062
pensions
-
-
-
19 214
total
-
-
-
44 996
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.

26 076
-
80 772
-
income
3 594
-
17 062
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
31 768
-
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.

26 076
-
80 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
63 256
94 000
-
-
income
9 488
14 100
-
-
total
9 488
14 100
-
-
Dividends
53 768
79 900
-
-
withholding
8 065
11 985
-
-
total
8 065
11 985
-
-
Income
94 000
94 000
94 000
94 000
Total tax
31 005
26 085
44 996
44 996
After tax
62 995
67 915
49 004
49 004
Living cost
17 293
17 293
17 293
17 293
Free-cash
45 702
50 622
31 711
31 711

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25857
₽21344
₽26152
₽26512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
social contributions

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

-
-
-
32 665
income
-
-
-
8 522
surtax
-
-
-
-
total
-
-
-
41 187
Employee
38 808
-
75 959
-
income
7 583
-
19 306
-
social contributions
4 269
-
8 355
-
surtax
-
-
-
-
total
11 852
-
27 661
-
Employer
38 808
-
75 959
-
social contributions
9 216
-
18 039
-
total
9 216
-
18 039
-
Corporate
45 976
94 000
-
-
surtax
-
-
-
-
income
9 654
19 739
-
-
total
9 654
19 739
-
-
Dividends
36 322
74 261
-
-
withholding
10 170
20 793
-
-
total
10 170
20 793
-
-
Income
94 000
94 000
94 000
94 000
Total tax
40 892
40 532
45 700
41 187
After tax
53 108
53 468
48 300
52 813
Living cost
26 956
26 956
26 956
26 956
Free-cash
26 152
26 512
21 344
25 857

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14678
₽15066
₽20585
₽28208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
16 378
pensions
-
-
-
26 227
total
-
-
-
44 182
Employee
48 290
-
71 278
-
income
10 086
-
16 545
-
pensions
2 269
-
3 351
-
unemployment
748
-
1 104
-
other
47
-
72
-
total
13 150
-
21 072
-
Employer
48 290
-
71 278
-
pensions
11 396
-
16 821
-
other
387
-
569
-
accident
956
-
1 412
-
unemployment
2 656
-
3 920
-
total
15 395
-
22 722
-
Corporate
30 314
94 000
-
-
income

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

4 546
14 100
-
-
total
4 546
14 100
-
-
Dividends
25 768
79 900
-
-
withholding
5 184
16 552
-
-
total
5 184
16 552
-
-
Income
94 000
94 000
94 000
94 000
Total tax
38 275
30 652
43 794
44 182
After tax
55 725
63 348
50 206
49 818
Living cost
35 140
35 140
35 140
35 140
Free-cash
20 585
28 208
15 066
14 678

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53379
₽56182
₽57080
₽63173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
14 100
pensions

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

-
-
-
5 168
total
-
-
-
23 424
Employee
22 772
-
87 149
-
income
2 278
-
8 714
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
13 770
-
Employer
22 772
-
87 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
66 760
94 000
-
-
income
6 677
9 400
-
-
total
6 677
9 400
-
-
Dividends
60 084
84 600
-
-
withholding
3 004
4 230
-
-
total
3 004
4 230
-
-
Income
94 000
94 000
94 000
94 000
Total tax
19 723
13 630
20 621
23 424
After tax
74 277
80 370
73 379
70 576
Living cost
17 197
17 197
17 197
17 197
Free-cash
57 080
63 173
56 182
53 379

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22200
₽29018
₽22993
₽9909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
trade
-
-
-
6 818
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.

-
-
-
6 831
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.

-
-
-
18 529
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.

-
-
-
1 019
total
-
-
-
33 197
Employee

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

49 751
-
94 000
-
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
-
1 019
-
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.

4 091
-
18 529
-
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.

6 831
-
6 831
-
total
11 148
-
26 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 249
94 000
-
-
trade
6 349
13 489
-
-
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.

364
776
-
-
income
6 637
14 100
-
-
chamber of commerce
216
290
-
-
total
13 566
28 655
-
-
Dividends
30 682
65 344
-
-
surtax

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

400
877
-
-
withholding
7 290
15 956
-
-
total
7 690
16 833
-
-
Income
94 000
94 000
94 000
94 000
Total tax
32 404
45 488
26 379
33 197
After tax
61 596
48 512
67 621
60 803
Living cost
38 603
38 603
38 603
38 603
Free-cash
22 993
9 909
29 018
22 200

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7735
₽7735
₽11049
₽8842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
8 234
income
-
-
-
21 073
total
-
-
-
29 307
Employee
78 213
-
94 000
-
social contributions
6 498
-
8 234
-
income
14 759
-
21 073
-
total
21 257
-
29 307
-
Employer
78 213
-
94 000
-
total
-
-
-
-
Corporate
15 787
94 000
-
-
income
1 973
11 749
-
-
total
1 973
11 749
-
-
Dividends
13 813
82 251
-
-
withholding
2 763
16 451
-
-
total
2 763
16 451
-
-
Income
94 000
94 000
94 000
94 000
Total tax
25 993
28 200
29 307
29 307
After tax
68 007
65 800
64 693
64 693
Living cost
56 958
56 958
56 958
56 958
Free-cash
11 049
8 842
7 735
7 735

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22567
₽32647
₽24053
₽19521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
89 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
15 859
-
total
9 573
-
20 458
-
Employer
45 869
-
89 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
43 535
94 000
-
-
income
15 237
32 900
-
-
total
15 237
32 900
-
-
Dividends
28 299
61 100
-
-
social contributions
4 245
5 283
-
-
total
4 245
5 283
-
-
Income
94 000
94 000
94 000
94 000
Total tax
33 651
38 183
25 057
35 137
After tax
60 349
55 817
68 943
58 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
24 053
19 521
32 647
22 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31590
₽21735
₽27404
₽33078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
income
-
-
-
18 277
pensions
-
-
-
6 781
total
-
-
-
25 058
Employee
51 271
-
82 885
-
income
9 337
-
14 772
-
pensions
3 913
-
7 707
-
health
669
-
1 318
-
total
13 919
-
23 797
-
Employer
51 271
-
82 885
-
pensions
5 180
-
9 541
-
health
974
-
1 575
-
total
6 154
-
11 116
-
Corporate
36 574
94 000
-
-
income

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

6 950
17 861
-
-
total
6 950
17 861
-
-
Dividends
29 625
76 139
-
-
withholding
2 221
5 709
-
-
total
2 221
5 709
-
-
Income
94 000
94 000
94 000
94 000
Total tax
29 244
23 570
34 913
25 058
After tax
64 756
70 430
59 087
68 942
Living cost
37 352
37 352
37 352
37 352
Free-cash
27 404
33 078
21 735
31 590

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40824
₽24469
₽3975
-₽16114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
22 510
pensions
-
-
-
4 145
total
-
-
-
29 448
Employee
37 325
-
79 740
-
income
5 121
-
14 814
-
pensions
4 203
-
7 599
-
health
4 274
-
9 130
-
total
13 598
-
31 543
-
Employer
37 325
-
79 740
-
pensions
6 069
-
10 974
-
accident
623
-
1 332
-
unemployment
914
-
1 954
-
total
7 606
-
14 260
-
Corporate
49 068
94 000
-
-
income

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

44 161
84 600
-
-
total
44 161
84 600
-
-
Dividends
4 907
9 400
-
-
withholding
932
1 786
-
-
total
932
1 786
-
-
Income
94 000
94 000
94 000
94 000
Total tax
66 297
86 386
45 803
29 448
After tax
27 703
7 614
48 197
64 552
Living cost
23 728
23 728
23 728
23 728
Free-cash
3 975
-16 114
24 469
40 824

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽40392
₽44263
₽61539
₽65600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 000
work injury
-
-
-
470
unemployment
-
-
-
1 128
income
-
-
-
14 257
health insurance
-
-
-
6 956
pensions
-
-
-
17 296
total
-
-
-
40 107
Employee

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

21 601
-
94 000
-
income
2 160
-
14 257
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
36 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 399
94 000
-
-
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%.

-
940
-
-
total
-
940
-
-
Dividends
72 399
93 060
-
-
withholding
10 860
13 959
-
-
total
10 860
13 959
-
-
Income
94 000
94 000
94 000
94 000
Total tax
18 960
14 899
36 236
40 107
After tax
75 040
79 101
57 764
53 893
Living cost
13 501
13 501
13 501
13 501
Free-cash
61 539
65 600
44 263
40 392

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7989
₽3690
₽5131
₽9681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 000
social contributions
-
-
-
24 178
municipal
-
-
-
628
national
-
-
-
19 550
regional
-
-
-
1 822
total
-
-
-
46 178
Employee
84 257
-
94 000
-
national
14 239
-
16 692
-
social contributions
28 411
-
31 697
-
municipal
503
-
562
-
regional
1 272
-
1 526
-
total
44 425
-
50 477
-
Employer
84 257
-
94 000
-
total
-
-
-
-
Corporate
9 743
94 000
-
-
nationa
2 338
22 559
-
-
municipal
469
4 531
-
-
total
2 807
27 090
-
-
Dividends
6 937
66 910
-
-
withholding
1 804
17 396
-
-
total
1 804
17 396
-
-
Income
94 000
94 000
94 000
94 000
Total tax
49 036
44 486
50 477
46 178
After tax
44 964
49 514
43 523
47 822
Living cost
39 833
39 833
39 833
39 833
Free-cash
5 131
9 681
3 690
7 989

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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