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
₽ 95000
per

Your estimated
City
free-cash

Dresden , Germany
₽29685
₽38782
₽30807
₽19131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
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.

-
-
-
1 085
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.

-
-
-
6 519
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.

-
-
-
19 710
trade
-
-
-
7 975
total
-
-
-
35 289
Employee

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

36 498
-
95 000
-
income

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

1 020
-
19 710
-
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.

56
-
1 085
-
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.

6 519
-
6 519
-
total
7 595
-
27 314
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 502
95 000
-
-
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.

484
784
-
-
chamber of commerce
228
281
-
-
income
8 776
14 250
-
-
trade
9 214
14 963
-
-
total
18 702
30 278
-
-
Dividends
39 801
64 722
-
-
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.

527
869
-
-
withholding
9 587
15 818
-
-
total
10 114
16 687
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 411
46 965
27 314
35 289
After tax
58 589
48 035
67 686
59 711
Living cost
28 904
28 904
28 904
28 904
Free-cash
29 685
19 131
38 782
30 807

Estimated living cost  is ₽28904 per week

₽18181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽5687
₽5667
₽4921
₽6564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
15 159
pensions
-
-
-
11 400
municipal
-
-
-
9 783
social contributions
-
-
-
1 021
total
-
-
-
37 363
Employee
81 719
-
82 127
-
pensions
3 269
-
3 285
-
national
15 641
-
15 729
-
municipal
10 094
-
10 150
-
total
29 004
-
29 164
-
Employer
81 719
-
82 127
-
social contributions
878
-
883
-
pensions
6 538
-
6 570
-
total
7 416
-
7 453
-
Corporate
472
95 000
-
-
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%.

94
19 000
-
-
total
94
19 000
-
-
Dividends
377
76 000
-
-
withholding
83
16 720
-
-
total
83
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 597
35 720
36 617
37 363
After tax
58 403
59 280
58 383
57 637
Living cost
52 716
52 716
52 716
52 716
Free-cash
5 687
6 564
5 667
4 921

Estimated living cost  is ₽52716 per week

₽35830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48318
₽33700
₽30866
₽56147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
surtax
-
-
-
-
income
-
-
-
13 739
microenterprise
-
-
-
-
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.

-
-
-
30 542
total
-
-
-
44 281
Employee
27 884
-
76 558
-
income
4 964
-
14 584
-
surtax
-
-
-
-
social contributions

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

3 068
-
8 421
-
total
8 032
-
23 005
-
Employer
27 884
-
76 558
-
social contributions

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

6 717
-
18 442
-
surtax
-
-
-
-
total
6 717
-
18 442
-
Corporate
60 400
95 000
-
-
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%.

12 080
19 000
-
-
total
12 080
19 000
-
-
Dividends

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

48 319
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 829
19 000
41 447
44 281
After tax
68 171
76 000
53 553
50 719
Living cost
19 853
19 853
19 853
19 853
Free-cash
48 318
56 147
33 700
30 866

Estimated living cost  is ₽19853 per week

₽12665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽122
₽240
₽13951
₽5597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
11 180
health
-
-
-
11 409
income
-
-
-
18 485
total
-
-
-
41 074
Employee
81 490
81 490
81 490
-
income

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

13 339
13 339
13 339
-
pensions
14 668
11 180
14 668
-
health
12 508
10 639
12 508
-
total
40 515
35 158
40 515
-
Employer
81 490
81 490
81 490
-
unemployment
2 934
2 934
2 934
-
health
5 664
5 664
5 664
-
pensions
5 672
5 672
5 672
-
total
14 270
14 270
14 270
-
Corporate
240
-
-
-
income
49
-
-
-
total
49
-
-
-
Dividends
191
-
-
-
income
40
-
-
-
withholding
29
-
-
-
total
69
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 903
49 428
54 785
41 074
After tax
40 097
45 572
40 215
53 926
Living cost
39 975
39 975
39 975
39 975
Free-cash
122
5 597
240
13 951

Estimated living cost  is ₽39975 per week

₽28329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
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.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13030
₽12745
₽11759
₽13884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
-
pensions
-
-
-
9 000
health
-
-
-
5 195
municipal
-
-
-
21 137
other
-
-
-
9 674
total
-
-
-
45 255
Employee
54 127
-
72 287
-
national
-
-
-
-
municipal
16 141
-
21 556
-
total
16 141
-
21 556
-
Employer
54 127
-
72 287
-
accident
108
-
145
-
unemployment
1 429
-
1 908
-
health
3 329
-
4 446
-
pensions
5 851
-
7 814
-
other
6 290
-
8 400
-
total
17 007
-
22 713
-
Corporate
23 867
95 000
-
-
income
5 251
20 900
-
-
total
5 251
20 900
-
-
Dividends
18 616
74 100
-
-
withholding
5 585
22 230
-
-
total
5 585
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 984
43 130
44 269
45 255
After tax
51 016
51 870
50 731
49 745
Living cost
37 986
37 986
37 986
37 986
Free-cash
13 030
13 884
12 745
11 759

Estimated living cost  is ₽37986 per week

₽25176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23467
₽30199
₽21869
₽10059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
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.

-
-
-
1 085
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.

-
-
-
6 519
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.

-
-
-
19 710
trade
-
-
-
8 330
total
-
-
-
35 644
Employee

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

48 392
-
95 000
-
income

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

4 158
-
19 710
-
surtax

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

228
-
1 085
-
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.

6 519
-
6 519
-
total
10 905
-
27 314
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 608
95 000
-
-
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.

384
784
-
-
chamber of commerce
212
281
-
-
income
6 992
14 250
-
-
trade
7 667
15 628
-
-
total
15 255
30 943
-
-
Dividends
31 353
64 057
-
-
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.

411
860
-
-
withholding
7 475
15 651
-
-
total
7 886
16 511
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 046
47 454
27 314
35 644
After tax
60 954
47 546
67 686
59 356
Living cost
37 487
37 487
37 487
37 487
Free-cash
23 467
10 059
30 199
21 869

Estimated living cost  is ₽37487 per week

₽25072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
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.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34633
₽36405
₽36498
₽38591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
2 423
income
-
-
-
10 308
social contributions
-
-
-
14 820
total
-
-
-
27 551
Employee
73 378
73 378
86 246
-
income
7 705
6 793
10 266
-
social contributions
3 566
6 090
7 158
-
health
730
1 248
1 467
-
total
12 001
14 131
18 891
-
Employer
73 378
73 378
86 246
-
social contributions
3 566
6 090
7 158
-
health
795
1 358
1 595
-
total
4 361
7 448
8 753
-
Corporate
47 687
14 174
-
-
income
5 961
1 771
-
-
total
5 961
1 771
-
-
Dividends
41 726
12 403
-
-
withholding
7 093
2 108
-
-
total
7 093
2 108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 416
25 458
27 644
27 551
After tax
65 584
69 542
67 356
67 449
Living cost
30 951
30 951
30 951
30 951
Free-cash
34 633
38 591
36 405
36 498

Estimated living cost  is ₽30951 per week

₽21158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
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.
₽6856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35410
₽36553
₽47292
₽35023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
1 425
pensions
-
-
-
9 500
health
-
-
-
6 650
income
-
-
-
11 614
total
-
-
-
29 189
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.

26 732
10 639
79 498
-
income
3 268
1 301
9 719
-
pensions
2 673
1 064
7 950
-
unemployment
401
160
1 192
-
health
1 871
745
5 565
-
total
8 213
3 270
24 426
-
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.

26 732
10 639
79 498
-
pensions
5 213
2 075
15 502
-
total
5 213
2 075
15 502
-
Corporate
63 055
82 286
-
-
income
5 675
7 406
-
-
total
5 675
7 406
-
-
Dividends
57 380
74 881
-
-
social contributions
11 068
14 480
-
-
withholding
10 902
14 227
-
-
total
21 970
28 707
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 071
41 458
39 928
29 189
After tax
53 929
53 542
55 072
65 811
Living cost
18 519
18 519
18 519
18 519
Free-cash
35 410
35 023
36 553
47 292

Estimated living cost  is ₽18519 per week

₽12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47022
₽31708
₽27871
₽52951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
19 000
health
-
-
-
12 350
income
-
-
-
12 730
total
-
-
-
44 080
Employee
27 071
-
71 002
-
income
3 048
-
13 690
-
pensions
541
-
1 420
-
unemployment
433
-
1 135
-
total
4 022
-
16 245
-
Employer
27 071
-
71 002
-
unemployment
217
-
569
-
health
3 519
-
9 230
-
pensions
5 415
-
14 199
-
total
9 151
-
23 998
-
Corporate
58 779
95 000
-
-
income
11 756
19 000
-
-
total
11 756
19 000
-
-
Dividends
47 023
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
24 929
19 000
40 243
44 080
After tax
70 071
76 000
54 757
50 920
Living cost
23 049
23 049
23 049
23 049
Free-cash
47 022
52 951
31 708
27 871

Estimated living cost  is ₽23049 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4535
₽28532
₽44584
-₽12916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
23 280
other
-
-
-
347
total
-
-
-
29 805
Employee
32 422
-
81 328
-
income
4 448
-
15 726
-
pensions
3 651
-
7 148
-
health
3 712
-
9 312
-
total
11 811
-
32 186
-
Employer
32 422
-
81 328
-
accident
541
-
1 358
-
unemployment
794
-
1 992
-
pensions
5 272
-
10 321
-
total
6 607
-
13 671
-
Corporate
55 971
95 000
-
-
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.

50 373
85 500
-
-
total
50 373
85 500
-
-
Dividends
5 597
9 500
-
-
withholding
1 063
1 805
-
-
total
1 063
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 854
87 305
45 857
29 805
After tax
25 146
7 695
49 143
65 195
Living cost
20 611
20 611
20 611
20 611
Free-cash
4 535
-12 916
28 532
44 584

Estimated living cost  is ₽20611 per week

₽15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80275
₽67600
₽85650
₽81850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
95 000
microenterprise

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

-
-
-
950
total
-
-
-
950
Employee
10 500
-
95 000
-
income
2 100
-
19 000
-
total
2 100
-
19 000
-
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%.

84 500
95 000
-
-
total
-
-
-
-
Dividends
84 500
95 000
-
-
withholding
4 225
4 750
-
-
total
4 225
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 325
4 750
19 000
950
After tax
88 675
90 250
76 000
94 050
Living cost
8 400
8 400
8 400
8 400
Free-cash
80 275
81 850
67 600
85 650

Estimated living cost  is ₽8400 per week

₽5206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37926
₽30169
₽26013
₽44370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
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.

-
-
-
22 801
health
-
-
-
4 180
income
-
-
-
12 066
other
-
-
-
4 513
total
-
-
-
43 560
Employee
34 648
-
75 879
-
income
5 965
-
13 149
-
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.

2 425
-
5 311
-
unemployment
346
-
759
-
health
485
-
1 063
-
total
9 221
-
20 282
-
Employer
34 648
-
75 879
-
accident
277
-
607
-
unemployment
346
-
759
-
health
485
-
1 063
-
pensions

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

5 891
-
12 899
-
other
1 733
-
3 794
-
total
8 732
-
19 122
-
Corporate
51 620
95 000
-
-
income
10 840
19 950
-
-
total
10 840
19 950
-
-
Dividends
40 780
75 050
-
-
withholding
2 854
5 253
-
-
total
2 854
5 253
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 647
25 203
39 404
43 560
After tax
63 353
69 797
55 596
51 440
Living cost
25 427
25 427
25 427
25 427
Free-cash
37 926
44 370
30 169
26 013

Estimated living cost  is ₽25427 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9056
-₽5123
₽4133
₽5631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
6 935
income
-
-
-
19 252
total
-
-
-
26 187
Employee
91 513
-
83 684
-
income
16 496
-
14 890
-
pensions
8 829
-
7 889
-
health
1 508
-
1 348
-
total
26 833
-
24 127
-
Employer
91 513
-
83 684
-
health
1 738
-
1 591
-
pensions
10 805
-
9 725
-
total
12 543
-
11 316
-
Corporate
-
95 000
-
-
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.

-
18 051
-
-
total
-
18 051
-
-
Dividends
-
76 949
-
-
withholding
-
6 638
-
-
total
-
6 638
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 376
24 689
35 443
26 187
After tax
55 624
70 311
59 557
68 813
Living cost
64 680
64 680
64 680
64 680
Free-cash
-9 056
5 631
-5 123
4 133

Estimated living cost  is ₽64680 per week

₽48466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63743
₽61538
₽58657
₽68315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
14 250
total
-
-
-
23 433
Employee
17 095
-
88 252
-
income
1 709
-
8 825
-
pensions

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

1 501
-
3 020
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
health
786
-
1 582
-
total
4 184
-
13 805
-
Employer
17 095
-
88 252
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
unemployment
102
-
206
-
health
1 180
-
2 373
-
pensions

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

1 884
-
3 790
-
total
3 354
-
6 747
-
Corporate
74 551
95 000
-
-
income
7 455
9 500
-
-
total
7 455
9 500
-
-
Dividends
67 096
85 500
-
-
withholding
3 354
4 275
-
-
total
3 354
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 347
13 775
20 552
23 433
After tax
76 653
81 225
74 448
71 567
Living cost
12 910
12 910
12 910
12 910
Free-cash
63 743
68 315
61 538
58 657

Estimated living cost  is ₽12910 per week

₽7537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8961
-₽12700
₽1011
-₽7343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
11 180
health
-
-
-
11 409
income
-
-
-
18 485
total
-
-
-
41 074
Employee
88 472
81 490
81 490
-
income

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

13 339
13 339
13 339
-
pensions
11 180
11 180
14 668
-
health
11 037
10 639
12 508
-
total
35 556
35 158
40 515
-
Employer
88 472
81 490
81 490
-
unemployment
3 185
2 934
2 934
-
health
6 148
5 664
5 664
-
pensions
6 157
5 672
5 672
-
total
15 490
14 270
14 270
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
51 046
49 428
54 785
41 074
After tax
43 954
45 572
40 215
53 926
Living cost
52 915
52 915
52 915
52 915
Free-cash
-8 961
-7 343
-12 700
1 011

Estimated living cost  is ₽52915 per week

₽39034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33409
₽24624
₽22685
₽41822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
12 825
solidarity contribution
-
-
-
-
income
-
-
-
8 165
social contributions
-
-
-
27 740
total
-
-
-
48 730
Employee
34 684
-
70 895
-
solidarity contribution
-
-
-
-
income
4 162
-
8 507
-
social contributions
2 254
-
4 608
-
health
4 682
-
9 571
-
total
11 098
-
22 686
-
Employer
34 684
-
70 895
-
social contributions
8 671
-
17 724
-
health
3 122
-
6 381
-
total
11 793
-
24 105
-
Corporate
48 523
95 000
-
-
income
9 219
18 050
-
-
total
9 219
18 050
-
-
Dividends
39 304
76 950
-
-
withholding
5 896
11 543
-
-
total
5 896
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 006
29 593
46 791
48 730
After tax
56 994
65 407
48 209
46 270
Living cost
23 585
23 585
23 585
23 585
Free-cash
33 409
41 822
24 624
22 685

Estimated living cost  is ₽23585 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5440
₽4018
₽8536
₽10420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
20 151
regional
-
-
-
1 048
municipal
-
-
-
565
social contributions
-
-
-
24 434
total
-
-
-
46 198
Employee
84 808
-
95 000
-
regional
800
-
916
-
national
14 695
-
17 263
-
social contributions
28 597
-
32 034
-
municipal
449
-
503
-
total
44 541
-
50 716
-
Employer
84 808
-
95 000
-
total
-
-
-
-
Corporate
10 192
95 000
-
-
nationa
2 446
22 801
-
-
municipal
397
3 705
-
-
total
2 843
26 506
-
-
Dividends
7 349
68 494
-
-
withholding
1 910
17 808
-
-
total
1 910
17 808
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 294
44 314
50 716
46 198
After tax
45 706
50 686
44 284
48 802
Living cost
40 266
40 266
40 266
40 266
Free-cash
5 440
10 420
4 018
8 536

Estimated living cost  is ₽40266 per week

₽28069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35727
₽26024
₽27861
₽38698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
217
surtax
-
-
-
2 180
pensions
-
-
-
19 000
health
-
-
-
6 746
income
-
-
-
17 939
other
-
-
-
-
total
-
-
-
46 082
Employee
31 557
-
78 479
-
other
-
-
-
-
income
5 290
-
16 733
-
pensions
2 104
-
5 235
-
surtax
103
-
1 968
-
unemployment
2 197
-
5 462
-
health
806
-
2 001
-
total
10 500
-
31 399
-
Employer
31 557
-
78 479
-
unemployment
1 000
-
2 488
-
health
1 436
-
3 571
-
pensions
4 207
-
10 461
-
other
-
-
-
-
total
6 643
-
16 520
-
Corporate
56 801
95 000
-
-
income
14 768
24 700
-
-
total
14 768
24 700
-
-
Dividends
42 033
70 300
-
-
withholding
6 305
10 545
-
-
total
6 305
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 216
35 245
47 919
46 082
After tax
56 784
59 755
47 081
48 918
Living cost
21 057
21 057
21 057
21 057
Free-cash
35 727
38 698
26 024
27 861

Estimated living cost  is ₽21057 per week

₽12875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19380
₽15369
₽24625
₽26123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
6 935
income
-
-
-
19 252
total
-
-
-
26 187
Employee
61 330
-
83 684
-
income
11 046
-
14 890
-
pensions
5 206
-
7 889
-
health
890
-
1 348
-
total
17 142
-
24 127
-
Employer
61 330
-
83 684
-
health
1 165
-
1 591
-
pensions
6 639
-
9 725
-
total
7 804
-
11 316
-
Corporate
25 866
95 000
-
-
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.

4 914
18 051
-
-
total
4 914
18 051
-
-
Dividends
20 953
76 949
-
-
withholding
1 572
6 638
-
-
total
1 572
6 638
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 432
24 689
35 443
26 187
After tax
63 568
70 311
59 557
68 813
Living cost
44 188
44 188
44 188
44 188
Free-cash
19 380
26 123
15 369
24 625

Estimated living cost  is ₽44188 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1894
-₽982
₽3842
-₽32154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
522
pensions
-
-
-
8 739
health
-
-
-
247
regional
-
-
-
3 151
city
-
-
-
1 002
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.

-
-
-
1 901
total
-
-
-
15 562
Employee
88 467
-
85 028
-
pensions
7 432
-
7 143
-
regional
2 897
-
2 710
-
national
419
-
392
-
unemployment
-
-
-
-
health
200
-
192
-
city
949
-
913
-
total
11 897
-
11 350
-
Employer
88 467
-
85 028
-
unemployment
-
-
-
-
health
200
-
192
-
pensions
7 432
-
7 143
-
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.

1 769
-
1 701
-
total
9 401
-
9 036
-
Corporate
-
95 000
-
-
national
-
8 075
-
-
regional
-
20 093
-
-
total
-
28 168
-
-
Dividends
-
66 832
-
-
withholding
-
23 390
-
-
total
-
23 390
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 298
51 558
20 386
15 562
After tax
73 702
43 442
74 614
79 438
Living cost
75 596
75 596
75 596
75 596
Free-cash
-1 894
-32 154
-982
3 842

Estimated living cost  is ₽75596 per week

₽49159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6784
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.
₽18725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18817
₽23971
₽15288
₽3342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
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.

-
-
-
1 085
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.

-
-
-
6 519
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.

-
-
-
19 710
trade
-
-
-
8 683
total
-
-
-
35 997
Employee

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

57 349
-
95 000
-
income

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

6 744
-
19 710
-
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.

371
-
1 085
-
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.

6 519
-
6 519
-
total
13 634
-
27 314
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 651
95 000
-
-
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.

311
784
-
-
chamber of commerce
197
279
-
-
income
5 648
14 250
-
-
trade
6 458
16 292
-
-
total
12 614
31 605
-
-
Dividends
25 036
63 395
-
-
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.

324
851
-
-
withholding
5 896
15 487
-
-
total
6 220
16 338
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 468
47 943
27 314
35 997
After tax
62 532
47 057
67 686
59 003
Living cost
43 715
43 715
43 715
43 715
Free-cash
18 817
3 342
23 971
15 288

Estimated living cost  is ₽43715 per week

₽31928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
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.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20870
₽21008
₽22069
₽15231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
pensions
-
-
-
23 906
health
-
-
-
1 735
income
-
-
-
8 987
social contributions
-
-
-
2 707
other
-
-
-
2 948
total
-
-
-
40 283
Employee
40 841
-
72 391
-
income
2 410
-
8 485
-
pensions
4 618
-
8 187
-
surtax
-
-
-
-
social contributions
1 164
-
2 063
-
total
8 192
-
18 735
-
Employer
40 841
-
72 391
-
unemployment
1 653
-
2 932
-
social contributions
123
-
217
-
health
2 859
-
5 067
-
pensions
6 709
-
11 896
-
other
1 409
-
2 497
-
total
12 753
-
22 609
-
Corporate
41 405
95 000
-
-
surtax
-
-
-
-
income
11 593
26 600
-
-
total
11 593
26 600
-
-
Dividends
29 812
68 400
-
-
surtax
-
-
-
-
social contributions
5 128
11 765
-
-
withholding
3 816
8 756
-
-
total
8 944
20 521
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 482
47 121
41 344
40 283
After tax
53 518
47 879
53 656
54 717
Living cost
32 648
32 648
32 648
32 648
Free-cash
20 870
15 231
21 008
22 069

Estimated living cost  is ₽32648 per week

₽20586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23767
₽24242
₽25303
₽18465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
pensions
-
-
-
23 906
health
-
-
-
1 735
income
-
-
-
8 987
social contributions
-
-
-
2 707
other
-
-
-
2 948
total
-
-
-
40 283
Employee
36 456
-
72 391
-
income
1 880
-
8 485
-
pensions
4 123
-
8 187
-
surtax
-
-
-
-
social contributions
1 039
-
2 063
-
total
7 042
-
18 735
-
Employer
36 456
-
72 391
-
unemployment
1 476
-
2 932
-
social contributions
109
-
217
-
health
2 552
-
5 067
-
pensions
5 990
-
11 896
-
other
1 259
-
2 497
-
total
11 386
-
22 609
-
Corporate
47 159
95 000
-
-
surtax
-
-
-
-
income
13 205
26 600
-
-
total
13 205
26 600
-
-
Dividends
33 954
68 400
-
-
surtax
-
-
-
-
social contributions
5 840
11 765
-
-
withholding
4 346
8 756
-
-
total
10 186
20 521
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 819
47 121
41 344
40 283
After tax
53 181
47 879
53 656
54 717
Living cost
29 414
29 414
29 414
29 414
Free-cash
23 767
18 465
24 242
25 303

Estimated living cost  is ₽29414 per week

₽17058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38218
₽40962
₽40773
₽37722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
6 631
income
-
-
-
14 250
social contributions
-
-
-
13 111
total
-
-
-
33 992
Employee
32 355
-
95 000
-
income
5 396
-
14 061
-
social contributions
4 466
-
13 111
-
health
2 258
-
6 631
-
total
12 120
-
33 803
-
Employer
32 355
-
95 000
-
total
-
-
-
-
Corporate
62 645
95 000
-
-
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%.

3 133
4 750
-
-
total
3 133
4 750
-
-
Dividends
59 512
90 250
-
-
social contributions
8 212
12 455
-
-
withholding
8 928
13 538
-
-
health
4 154
6 300
-
-
total
21 294
32 293
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 547
37 043
33 803
33 992
After tax
58 453
57 957
61 197
61 008
Living cost
20 235
20 235
20 235
20 235
Free-cash
38 218
37 722
40 962
40 773

Estimated living cost  is ₽20235 per week

₽13542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18161
-₽4745
₽14514
₽19639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
5 853
surtax
-
-
-
188
pensions
-
-
-
17 575
health
-
-
-
7 267
income
-
-
-
15 599
chamber of commerce
-
-
-
380
total
-
-
-
46 862
Employee
47 689
38 028
73 619
-
other
476
380
737
-
income
5 429
2 805
13 911
-
pensions
4 884
3 893
7 539
-
unemployment
1 431
1 141
2 209
-
health
1 845
1 472
2 849
-
total
14 065
9 691
27 245
-
Employer
47 689
38 028
73 619
-
chamber of commerce
190
152
295
-
surtax
188
188
188
-
accident
619
494
956
-
payroll
1 431
1 141
2 209
-
unemployment
1 431
1 141
2 209
-
health
1 802
1 438
2 783
-
pensions
5 985
4 773
9 239
-
other
2 265
1 805
3 497
-
total
13 911
11 132
21 376
-
Corporate
33 399
45 838
70 001
-
income

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

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

8 350
11 459
17 500
-
total
8 350
11 459
17 500
-
Dividends
25 049
34 379
-
-
withholding
6 889
9 455
-
-
total
6 889
9 455
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 215
41 737
66 121
46 862
After tax
51 785
53 263
28 879
48 138
Living cost
33 624
33 624
33 624
33 624
Free-cash
18 161
19 639
-4 745
14 514

Estimated living cost  is ₽33624 per week

₽22426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4179
₽2267
₽9878
₽18488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
30 720
communal

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

-
-
-
4 812
social contributions
-
-
-
14 797
total
-
-
-
50 329
Employee

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

68 259
-
73 581
-
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.

5 119
-
5 518
-
communal

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

3 560
-
3 837
-
national
20 985
-
23 068
-
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.

594
-
641
-
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.

3 207
-
3 457
-
total
33 465
-
36 521
-
Employer

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

68 259
-
73 581
-
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.

887
-
956
-
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.

996
-
1 074
-
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.

4 198
-
4 525
-
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.

6 048
-
6 519
-
surtax
7 740
-
8 345
-
total
19 869
-
21 419
-
Corporate
6 873
95 000
-
-
surtax
27
380
-
-
income
1 374
19 000
-
-
total
1 401
19 380
-
-
Dividends
5 471
75 620
-
-
withholding

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

1 293
22 339
-
-
total
1 293
22 339
-
-
Income
95 000
95 000
95 000
95 000
Total tax
56 028
41 719
57 940
50 329
After tax
38 972
53 281
37 060
44 671
Living cost
34 793
34 793
34 793
34 793
Free-cash
4 179
18 488
2 267
9 878

Estimated living cost  is ₽34793 per week

₽22411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
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.
₽8795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21947
₽15820
₽16455
₽29548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
17 548
other
-
-
-
89
total
-
-
-
44 083
Employee
47 501
-
72 033
-
other
47
-
72
-
income
10 022
-
17 175
-
pensions
2 233
-
3 386
-
unemployment
737
-
1 117
-
total
13 039
-
21 750
-
Employer
47 501
-
72 033
-
accident
940
-
1 427
-
unemployment
2 613
-
3 962
-
pensions
11 209
-
17 001
-
other
378
-
578
-
total
15 140
-
22 968
-
Corporate
32 359
95 000
-
-
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.

4 853
14 250
-
-
total
4 853
14 250
-
-
Dividends
27 506
80 750
-
-
withholding
5 559
16 740
-
-
total
5 559
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 591
30 990
44 718
44 083
After tax
56 409
64 010
50 282
50 917
Living cost
34 462
34 462
34 462
34 462
Free-cash
21 947
29 548
15 820
16 455

Estimated living cost  is ₽34462 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽177
₽6851
₽2573
₽6301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
800
surtax
-
-
-
4 710
pensions
-
-
-
14 239
communal
-
-
-
6 005
health
-
-
-
6 675
income
-
-
-
8 140
total
-
-
-
40 569
Employee
72 265
-
84 859
-
income
6 980
-
10 384
-
pensions
5 780
-
6 789
-
surtax
4 429
-
5 201
-
health
3 216
-
3 776
-
total
20 405
-
26 150
-
Employer
72 265
-
84 859
-
accident
650
-
764
-
health
2 204
-
2 588
-
pensions
5 780
-
6 789
-
total
8 634
-
10 141
-
Corporate
14 101
95 000
-
-
surtax
148
998
-
-
communal
-
6 412
-
-
income
2 115
14 250
-
-
total
2 263
21 660
-
-
Dividends
11 837
73 340
-
-
income
10 242
4 180
-
-
withholding
1 775
11 001
-
-
total
12 017
15 181
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 319
36 841
36 291
40 569
After tax
51 681
58 159
58 709
54 431
Living cost
51 858
51 858
51 858
51 858
Free-cash
-177
6 301
6 851
2 573

Estimated living cost  is ₽51858 per week

₽38901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35286
₽25647
₽27484
₽38321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
217
surtax
-
-
-
2 180
pensions
-
-
-
19 000
health
-
-
-
6 746
income
-
-
-
17 939
other
-
-
-
-
total
-
-
-
46 082
Employee
32 136
-
78 479
-
other
-
-
-
-
income
5 387
-
16 733
-
pensions
2 144
-
5 235
-
surtax
114
-
1 968
-
unemployment
2 236
-
5 462
-
health
820
-
2 001
-
total
10 701
-
31 399
-
Employer
32 136
-
78 479
-
unemployment
1 020
-
2 488
-
health
1 461
-
3 571
-
pensions
4 285
-
10 461
-
other
-
-
-
-
total
6 766
-
16 520
-
Corporate
56 099
95 000
-
-
income
14 585
24 700
-
-
total
14 585
24 700
-
-
Dividends
41 514
70 300
-
-
withholding
6 228
10 545
-
-
total
6 228
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 280
35 245
47 919
46 082
After tax
56 720
59 755
47 081
48 918
Living cost
21 434
21 434
21 434
21 434
Free-cash
35 286
38 321
25 647
27 484

Estimated living cost  is ₽21434 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22107
₽18217
₽22711
₽24228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
20 151
regional
-
-
-
1 433
municipal
-
-
-
565
social contributions
-
-
-
24 434
total
-
-
-
46 583
Employee
52 934
-
95 000
-
regional
713
-
1 277
-
national
8 386
-
17 263
-
social contributions
17 850
-
32 034
-
municipal
281
-
503
-
total
27 230
-
51 077
-
Employer
52 934
-
95 000
-
total
-
-
-
-
Corporate
42 066
95 000
-
-
nationa
10 096
22 801
-
-
municipal
2 092
4 721
-
-
total
12 188
27 522
-
-
Dividends
29 879
67 478
-
-
withholding
7 769
17 544
-
-
total
7 769
17 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 187
45 066
51 077
46 583
After tax
47 813
49 934
43 923
48 417
Living cost
25 706
25 706
25 706
25 706
Free-cash
22 107
24 228
18 217
22 711

Estimated living cost  is ₽25706 per week

₽15986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25976
₽19146
₽17207
₽36344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
12 825
solidarity contribution
-
-
-
-
income
-
-
-
8 165
social contributions
-
-
-
27 740
total
-
-
-
48 730
Employee
42 740
-
70 895
-
solidarity contribution
-
-
-
-
income
5 129
-
8 507
-
social contributions
2 778
-
4 608
-
health
5 770
-
9 571
-
total
13 677
-
22 686
-
Employer
42 740
-
70 895
-
social contributions
10 685
-
17 724
-
health
3 847
-
6 381
-
total
14 532
-
24 105
-
Corporate
37 728
95 000
-
-
income
7 168
18 050
-
-
total
7 168
18 050
-
-
Dividends
30 560
76 950
-
-
withholding
4 584
11 543
-
-
total
4 584
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 961
29 593
46 791
48 730
After tax
55 039
65 407
48 209
46 270
Living cost
29 063
29 063
29 063
29 063
Free-cash
25 976
36 344
19 146
17 207

Estimated living cost  is ₽29063 per week

₽21613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22449
-₽1535
₽17882
₽22922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
5 853
surtax
-
-
-
-
pensions
-
-
-
17 575
health
-
-
-
7 267
income
-
-
-
15 599
chamber of commerce
-
-
-
380
total
-
-
-
46 674
Employee
41 713
38 028
73 769
-
other
417
380
737
-
income
3 716
2 805
13 964
-
pensions
4 272
3 893
7 553
-
unemployment
1 251
1 141
2 213
-
health
1 613
1 472
2 856
-
total
11 269
9 691
27 323
-
Employer
41 713
38 028
73 769
-
chamber of commerce
167
152
295
-
surtax
-
-
-
-
accident
541
494
960
-
payroll
1 251
1 141
2 213
-
unemployment
1 251
1 141
2 213
-
health
1 577
1 438
2 789
-
pensions
5 235
4 773
9 257
-
other
1 981
1 805
3 504
-
total
12 003
10 944
21 231
-
Corporate
41 282
46 027
70 147
-
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.

10 320
11 506
17 537
-
total
10 320
11 506
17 537
-
Dividends
30 962
34 520
-
-
withholding
8 515
9 493
-
-
total
8 515
9 493
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 107
41 634
66 091
46 674
After tax
52 893
53 366
28 909
48 326
Living cost
30 444
30 444
30 444
30 444
Free-cash
22 449
22 922
-1 535
17 882

Estimated living cost  is ₽30444 per week

₽18263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74705
₽62910
₽80960
₽77160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
95 000
microenterprise

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

-
-
-
950
total
-
-
-
950
Employee
16 363
-
95 000
-
income
3 273
-
19 000
-
total
3 273
-
19 000
-
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%.

78 637
95 000
-
-
total
-
-
-
-
Dividends
78 637
95 000
-
-
withholding
3 932
4 750
-
-
total
3 932
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 205
4 750
19 000
950
After tax
87 795
90 250
76 000
94 050
Living cost
13 090
13 090
13 090
13 090
Free-cash
74 705
77 160
62 910
80 960

Estimated living cost  is ₽13090 per week

₽8858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31831
₽20853
₽23574
₽39811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
unemployment
-
-
-
143
pensions
-
-
-
17 350
health
-
-
-
9 348
income
-
-
-
18 990
total
-
-
-
45 831
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.

42 197
-
82 203
-
income
7 277
-
17 588
-
pensions
6 541
-
12 741
-
unemployment
60
-
116
-
health
2 725
-
5 310
-
total
16 603
-
35 755
-
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.

42 197
-
82 203
-
unemployment
25
-
49
-
health
2 810
-
5 474
-
pensions
3 734
-
7 274
-
total
6 569
-
12 797
-
Corporate
46 233
95 000
-
-
income
8 785
18 051
-
-
total
8 785
18 051
-
-
Dividends
37 448
76 949
-
-
withholding
5 617
11 543
-
-
total
5 617
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 574
29 594
48 552
45 831
After tax
57 426
65 406
46 448
49 169
Living cost
25 595
25 595
25 595
25 595
Free-cash
31 831
39 811
20 853
23 574

Estimated living cost  is ₽25595 per week

₽17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59527
₽36648
₽20935
₽13080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 517
social contributions
-
-
-
10 830
total
-
-
-
29 347
Employee
64 119
-
-
-
income
14 143
-
-
-
social contributions
5 258
-
749
-
total
19 401
-
749
-
Employer
64 119
-
-
-
social contributions
90 408
-
12 885
-
total
90 408
-
12 885
-
Corporate
-
95 000
-
-
income
-
20 900
-
-
total
-
20 900
-
-
Dividends
-
74 100
-
-
income
-
16 302
-
-
total
-
16 302
-
-
Income
95 000
95 000
95 000
95 000
Total tax
109 809
37 202
13 634
29 347
After tax
-14 809
57 798
81 366
65 653
Living cost
44 718
44 718
44 718
44 718
Free-cash
-59 527
13 080
36 648
20 935

Estimated living cost  is ₽44718 per week

₽29015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23144
₽18433
₽23215
₽24105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
surtax
-
-
-
-
income
-
-
-
8 841
social contributions

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

-
-
-
33 012
total
-
-
-
41 853
Employee
43 888
-
76 768
-
income
9 129
-
19 959
-
surtax
-
-
-
-
social contributions
4 828
-
8 444
-
total
13 957
-
28 403
-
Employer
43 888
-
76 768
-
social contributions
10 423
-
18 232
-
total
10 423
-
18 232
-
Corporate
40 688
95 000
-
-
surtax
-
-
-
-
income
8 544
19 950
-
-
total
8 544
19 950
-
-
Dividends
32 144
75 050
-
-
withholding
9 000
21 013
-
-
total
9 000
21 013
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 924
40 963
46 635
41 853
After tax
53 076
54 037
48 365
53 147
Living cost
29 932
29 932
29 932
29 932
Free-cash
23 144
24 105
18 433
23 215

Estimated living cost  is ₽29932 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
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.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8350
₽7567
₽8628
₽1790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
pensions
-
-
-
23 906
health
-
-
-
1 735
income
-
-
-
8 987
social contributions
-
-
-
2 707
other
-
-
-
2 948
total
-
-
-
40 283
Employee
59 767
-
72 391
-
income
5 215
-
8 485
-
pensions
6 760
-
8 187
-
surtax
-
-
-
-
social contributions
1 702
-
2 063
-
total
13 677
-
18 735
-
Employer
59 767
-
72 391
-
unemployment
2 421
-
2 932
-
social contributions
179
-
217
-
health
4 183
-
5 067
-
pensions
9 820
-
11 896
-
other
2 063
-
2 497
-
total
18 666
-
22 609
-
Corporate
16 567
95 000
-
-
surtax
-
-
-
-
income
4 639
26 600
-
-
total
4 639
26 600
-
-
Dividends
11 927
68 400
-
-
surtax
-
-
-
-
social contributions
2 052
11 765
-
-
withholding
1 527
8 756
-
-
total
3 579
20 521
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 561
47 121
41 344
40 283
After tax
54 439
47 879
53 656
54 717
Living cost
46 089
46 089
46 089
46 089
Free-cash
8 350
1 790
7 567
8 628

Estimated living cost  is ₽46089 per week

₽31192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53610
₽46322
₽43801
₽56815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
1 615
social contributions
-
-
-
20 899
total
-
-
-
22 514
Employee
30 678
-
82 251
-
income
-
-
1 896
-
social contributions
1 994
-
5 348
-
total
1 994
-
7 244
-
Employer
30 678
-
82 251
-
social contributions
4 755
-
12 749
-
total
4 755
-
12 749
-
Corporate
59 566
95 000
-
-
income
5 956
9 500
-
-
total
5 956
9 500
-
-
Dividends
53 610
85 500
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 705
9 500
19 993
22 514
After tax
82 295
85 500
75 007
72 486
Living cost
28 685
28 685
28 685
28 685
Free-cash
53 610
56 815
46 322
43 801

Estimated living cost  is ₽28685 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽112407
-₽112407
₽13092
-₽112407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
10 072
pensions
-
-
-
825
municipal
-
-
-
17 631
labour market
-
-
-
7 534
total
-
-
-
36 062
Employee
193 506
193 506
193 506
-
labour market
15 458
15 458
15 458
-
pensions
275
275
275
-
national
23 640
23 640
23 640
-
municipal
41 206
41 206
41 206
-
total
80 579
80 579
80 579
-
Employer
193 506
193 506
193 506
-
labour market
15 480
15 480
15 480
-
national
23 681
23 681
23 681
-
municipal
41 271
41 271
41 271
-
pensions
550
550
550
-
total
80 982
80 982
80 982
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
161 561
161 561
161 561
36 062
After tax
-66 561
-66 561
-66 561
58 938
Living cost
45 846
45 846
45 846
45 846
Free-cash
-112 407
-112 407
-112 407
13 092

Estimated living cost  is ₽45846 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4581
₽28836
₽44888
-₽12612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
23 280
other
-
-
-
347
total
-
-
-
29 805
Employee
31 944
-
81 328
-
income
4 382
-
15 726
-
pensions
3 597
-
7 148
-
health
3 658
-
9 312
-
total
11 637
-
32 186
-
Employer
31 944
-
81 328
-
accident
533
-
1 358
-
unemployment
783
-
1 992
-
pensions
5 194
-
10 321
-
total
6 510
-
13 671
-
Corporate
56 546
95 000
-
-
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.

50 891
85 500
-
-
total
50 891
85 500
-
-
Dividends
5 655
9 500
-
-
withholding
1 074
1 805
-
-
total
1 074
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
70 112
87 305
45 857
29 805
After tax
24 888
7 695
49 143
65 195
Living cost
20 307
20 307
20 307
20 307
Free-cash
4 581
-12 612
28 836
44 888

Estimated living cost  is ₽20307 per week

₽14781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24443
₽17592
₽30872
₽26562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
95 000
national
-
-
-
9 519
health
-
-
-
1 065
municipal
-
-
-
16 908
total
-
-
-
27 492
Employee
50 205
-
79 919
-
pensions
3 388
-
5 395
-
national
829
-
5 214
-
unemployment
753
-
1 199
-
municipal
8 223
-
13 049
-
health
375
-
833
-
total
13 568
-
25 690
-
Employer
50 205
-
79 919
-
accident
51
-
80
-
unemployment
326
-
520
-
health
386
-
616
-
pensions
8 710
-
13 866
-
total
9 473
-
15 082
-
Corporate
35 322
95 000
-
-
income
7 064
19 000
-
-
total
7 064
19 000
-
-
Dividends

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

21 193
57 000
-
-
national
-
2 542
-
-
municipal
3 816
10 260
-
-
total
3 816
12 802
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 921
31 802
40 772
27 492
After tax
61 079
63 198
54 228
67 508
Living cost
36 636
36 636
36 636
36 636
Free-cash
24 443
26 562
17 592
30 872

Estimated living cost  is ₽36636 per week

₽23931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
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.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42255
₽45262
₽45355
₽47448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
2 423
income
-
-
-
10 308
social contributions
-
-
-
14 820
total
-
-
-
27 551
Employee
73 378
73 378
86 246
-
income
7 990
6 793
10 266
-
social contributions
2 774
6 090
7 158
-
health
569
1 248
1 467
-
total
11 333
14 131
18 891
-
Employer
73 378
73 378
86 246
-
social contributions
2 774
6 090
7 158
-
health
618
1 358
1 595
-
total
3 392
7 448
8 753
-
Corporate
58 182
14 174
-
-
income
7 272
1 771
-
-
total
7 272
1 771
-
-
Dividends
50 910
12 403
-
-
withholding
8 654
2 108
-
-
total
8 654
2 108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 651
25 458
27 644
27 551
After tax
64 349
69 542
67 356
67 449
Living cost
22 094
22 094
22 094
22 094
Free-cash
42 255
47 448
45 262
45 355

Estimated living cost  is ₽22094 per week

₽13241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58662
₽43444
₽61237
₽63519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
95 000
unemployment
-
-
-
27
pensions
-
-
-
6 070
health
-
-
-
3 453
income
-
-
-
9 062
total
-
-
-
18 612
Employee

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

21 903
-
86 128
-
income
1 498
-
6 863
-
pensions
3 285
-
12 919
-
unemployment
109
-
431
-
health
1 862
-
7 321
-
total
6 754
-
27 534
-
Employer

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

21 903
-
86 128
-
unemployment
109
-
431
-
health
942
-
3 703
-
pensions
1 204
-
4 737
-
total
2 255
-
8 871
-
Corporate
70 842
95 000
-
-
income
6 376
8 549
-
-
total
6 376
8 549
-
-
Dividends
64 466
86 451
-
-
withholding
5 802
7 781
-
-
total
5 802
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 187
16 330
36 405
18 612
After tax
73 813
78 670
58 595
76 388
Living cost
15 151
15 151
15 151
15 151
Free-cash
58 662
63 519
43 444
61 237

Estimated living cost  is ₽15151 per week

₽9666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32764
₽24041
₽24676
₽37769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
17 548
other
-
-
-
89
total
-
-
-
44 083
Employee
35 284
-
72 033
-
other
34
-
72
-
income
6 803
-
17 175
-
pensions
1 659
-
3 386
-
unemployment
547
-
1 117
-
total
9 043
-
21 750
-
Employer
35 284
-
72 033
-
accident
699
-
1 427
-
unemployment
1 941
-
3 962
-
pensions
8 326
-
17 001
-
other
282
-
578
-
total
11 248
-
22 968
-
Corporate
48 466
95 000
-
-
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.

7 271
14 250
-
-
total
7 271
14 250
-
-
Dividends
41 196
80 750
-
-
withholding
8 433
16 740
-
-
total
8 433
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 995
30 990
44 718
44 083
After tax
59 005
64 010
50 282
50 917
Living cost
26 241
26 241
26 241
26 241
Free-cash
32 764
37 769
24 041
24 676

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57370
₽59030
₽59147
₽57640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
1 196
health
-
-
-
867
income
-
-
-
32 150
total
-
-
-
34 213
Employee
2 497
-
93 655
-
income
483
-
32 087
-
pensions
225
-
538
-
unemployment
25
-
60
-
health
125
-
299
-
total
858
-
32 984
-
Employer
2 497
-
93 655
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
91 941
95 000
-
-
income
20 227
20 900
-
-
total
20 227
20 900
-
-
Dividends
71 714
74 100
-
-
withholding
14 343
14 820
-
-
total
14 343
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 990
35 720
34 330
34 213
After tax
59 010
59 280
60 670
60 787
Living cost
1 640
1 640
1 640
1 640
Free-cash
57 370
57 640
59 030
59 147

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47495
₽33774
₽33776
₽52177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
unemployment
-
-
-
1 055
pensions
-
-
-
18 289
health
-
-
-
7 245
income
-
-
-
18 174
total
-
-
-
44 763
Employee

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

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

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

24 821
-
82 409
-
income
3 421
-
18 174
-
pensions
3 475
-
9 848
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
total
8 360
-
32 173
-
Employer

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

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

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

24 821
-
82 409
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
pensions
2 979
-
8 441
-
total
4 443
-
12 592
-
Corporate
65 735
95 000
-
-
income
9 860
14 250
-
-
total
9 860
14 250
-
-
Dividends
55 875
80 750
-
-
withholding
8 381
12 112
-
-
total
8 381
12 112
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 044
26 362
44 765
44 763
After tax
63 956
68 638
50 235
50 237
Living cost
16 461
16 461
16 461
16 461
Free-cash
47 495
52 177
33 774
33 776

Estimated living cost  is ₽16461 per week

₽11083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27966
₽22639
₽27421
₽28311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
surtax
-
-
-
-
income
-
-
-
8 841
social contributions

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

-
-
-
33 012
total
-
-
-
41 853
Employee
37 037
-
76 768
-
income
7 237
-
19 959
-
surtax
-
-
-
-
social contributions
4 074
-
8 444
-
total
11 311
-
28 403
-
Employer
37 037
-
76 768
-
social contributions
8 795
-
18 232
-
total
8 795
-
18 232
-
Corporate
49 168
95 000
-
-
surtax
-
-
-
-
income
10 326
19 950
-
-
total
10 326
19 950
-
-
Dividends
38 842
75 050
-
-
withholding
10 876
21 013
-
-
total
10 876
21 013
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 308
40 963
46 635
41 853
After tax
53 692
54 037
48 365
53 147
Living cost
25 726
25 726
25 726
25 726
Free-cash
27 966
28 311
22 639
27 421

Estimated living cost  is ₽25726 per week

₽18221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23195
₽16745
₽17380
₽30473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
17 548
other
-
-
-
89
total
-
-
-
44 083
Employee
46 086
-
72 033
-
other
45
-
72
-
income
9 626
-
17 175
-
pensions
2 166
-
3 386
-
unemployment
713
-
1 117
-
total
12 550
-
21 750
-
Employer
46 086
-
72 033
-
accident
913
-
1 427
-
unemployment
2 535
-
3 962
-
pensions
10 876
-
17 001
-
other
369
-
578
-
total
14 693
-
22 968
-
Corporate
34 220
95 000
-
-
income

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

5 134
14 250
-
-
total
5 134
14 250
-
-
Dividends
29 086
80 750
-
-
withholding
5 891
16 740
-
-
total
5 891
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 268
30 990
44 718
44 083
After tax
56 732
64 010
50 282
50 917
Living cost
33 537
33 537
33 537
33 537
Free-cash
23 195
30 473
16 745
17 380

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58286
₽57510
₽54629
₽64287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
14 250
total
-
-
-
23 433
Employee
22 429
-
88 252
-
income
2 243
-
8 825
-
pensions

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

1 969
-
3 020
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
health
1 032
-
1 582
-
total
5 490
-
13 805
-
Employer
22 429
-
88 252
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
unemployment
135
-
206
-
health
1 548
-
2 373
-
pensions

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

2 472
-
3 790
-
total
4 401
-
6 747
-
Corporate
68 171
95 000
-
-
income
6 817
9 500
-
-
total
6 817
9 500
-
-
Dividends
61 354
85 500
-
-
withholding
3 068
4 275
-
-
total
3 068
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 776
13 775
20 552
23 433
After tax
75 224
81 225
74 448
71 567
Living cost
16 938
16 938
16 938
16 938
Free-cash
58 286
64 287
57 510
54 629

Estimated living cost  is ₽16938 per week

₽11203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24656
₽30845
₽23580
₽12173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
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.

-
-
-
1 085
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.

-
-
-
6 519
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.

-
-
-
19 710
trade
-
-
-
7 265
total
-
-
-
34 579
Employee

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

47 480
-
95 000
-
income

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

3 904
-
19 710
-
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.

215
-
1 085
-
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.

6 519
-
6 519
-
total
10 638
-
27 314
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 520
95 000
-
-
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.

391
784
-
-
chamber of commerce
214
284
-
-
income
7 128
14 250
-
-
trade
6 820
13 632
-
-
total
14 553
28 950
-
-
Dividends
32 968
66 049
-
-
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.

433
887
-
-
withholding
7 879
16 149
-
-
total
8 312
17 036
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 503
45 986
27 314
34 579
After tax
61 497
49 014
67 686
60 421
Living cost
36 841
36 841
36 841
36 841
Free-cash
24 656
12 173
30 845
23 580

Estimated living cost  is ₽36841 per week

₽25414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14249
₽9974
₽9974
₽12139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
22 227
social contributions
-
-
-
8 440
total
-
-
-
30 667
Employee
74 644
-
95 000
-
income
14 085
-
22 227
-
social contributions
6 201
-
8 440
-
total
20 286
-
30 667
-
Employer
74 644
-
95 000
-
total
-
-
-
-
Corporate
20 356
95 000
-
-
income
2 544
11 876
-
-
total
2 544
11 876
-
-
Dividends
17 812
83 124
-
-
withholding
3 562
16 626
-
-
total
3 562
16 626
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 392
28 502
30 667
30 667
After tax
68 608
66 498
64 333
64 333
Living cost
54 359
54 359
54 359
54 359
Free-cash
14 249
12 139
9 974
9 974

Estimated living cost  is ₽54359 per week

₽41355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4429
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.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25877
₽35123
₽27147
₽22069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
health

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

-
-
-
6 050
income
-
-
-
27 163
total
-
-
-
33 213
Employee
43 776
-
90 610
-
income
4 750
-
16 457
-
social contributions
4 386
-
4 390
-
total
9 136
-
20 847
-
Employer
43 776
-
90 610
-
social contributions
4 386
-
4 390
-
total
4 386
-
4 390
-
Corporate
46 838
95 000
-
-
income
16 394
33 250
-
-
total
16 394
33 250
-
-
Dividends
30 445
61 750
-
-
social contributions
4 567
5 041
-
-
total
4 567
5 041
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 483
38 291
25 237
33 213
After tax
60 517
56 709
69 763
61 787
Living cost
34 640
34 640
34 640
34 640
Free-cash
25 877
22 069
35 123
27 147

Estimated living cost  is ₽34640 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29799
₽23634
₽32890
₽34388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
6 935
income
-
-
-
19 252
total
-
-
-
26 187
Employee
49 310
-
83 684
-
income
8 980
-
14 890
-
pensions
3 764
-
7 889
-
health
643
-
1 348
-
total
13 387
-
24 127
-
Employer
49 310
-
83 684
-
health
937
-
1 591
-
pensions
4 982
-
9 725
-
total
5 919
-
11 316
-
Corporate
39 771
95 000
-
-
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.

7 557
18 051
-
-
total
7 557
18 051
-
-
Dividends
32 214
76 949
-
-
withholding
2 415
6 638
-
-
total
2 415
6 638
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 278
24 689
35 443
26 187
After tax
65 722
70 311
59 557
68 813
Living cost
35 923
35 923
35 923
35 923
Free-cash
29 799
34 388
23 634
32 890

Estimated living cost  is ₽35923 per week

₽24643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4273
₽26826
₽42878
-₽14622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
23 280
other
-
-
-
347
total
-
-
-
29 805
Employee
35 106
-
81 328
-
income
4 816
-
15 726
-
pensions
3 953
-
7 148
-
health
4 019
-
9 312
-
total
12 788
-
32 186
-
Employer
35 106
-
81 328
-
accident
586
-
1 358
-
unemployment
860
-
1 992
-
pensions
5 708
-
10 321
-
total
7 154
-
13 671
-
Corporate
52 740
95 000
-
-
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.

47 466
85 500
-
-
total
47 466
85 500
-
-
Dividends
5 274
9 500
-
-
withholding
1 002
1 805
-
-
total
1 002
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 410
87 305
45 857
29 805
After tax
26 590
7 695
49 143
65 195
Living cost
22 317
22 317
22 317
22 317
Free-cash
4 273
-14 622
26 826
42 878

Estimated living cost  is ₽22317 per week

₽16378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63230
₽46585
₽41433
₽67060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 000
unemployment
-
-
-
1 140
pensions
-
-
-
17 480
income
-
-
-
14 559
health insurance
-
-
-
7 030
work injury
-
-
-
475
total
-
-
-
40 684
Employee

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

20 613
-
95 000
-
income
2 061
-
14 559
-
pensions
3 793
-
14 033
-
health insurance
1 525
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
total
7 729
-
35 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 387
95 000
-
-
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%.

-
950
-
-
total
-
950
-
-
Dividends
74 387
94 050
-
-
withholding
11 158
14 107
-
-
total
11 158
14 107
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 887
15 057
35 532
40 684
After tax
76 113
79 943
59 468
54 316
Living cost
12 883
12 883
12 883
12 883
Free-cash
63 230
67 060
46 585
41 433

Estimated living cost  is ₽12883 per week

₽7981
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.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7685
₽5527
₽9871
₽12022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
national
-
-
-
20 151
regional
-
-
-
1 893
municipal
-
-
-
636
social contributions
-
-
-
24 434
total
-
-
-
47 114
Employee
80 412
-
95 000
-
regional
1 214
-
1 594
-
national
13 589
-
17 263
-
social contributions
27 114
-
32 034
-
municipal
480
-
567
-
total
42 397
-
51 458
-
Employer
80 412
-
95 000
-
total
-
-
-
-
Corporate
14 588
95 000
-
-
nationa
3 500
22 801
-
-
municipal
703
4 580
-
-
total
4 203
27 381
-
-
Dividends
10 385
67 619
-
-
withholding
2 700
17 582
-
-
total
2 700
17 582
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 300
44 963
51 458
47 114
After tax
45 700
50 037
43 542
47 886
Living cost
38 015
38 015
38 015
38 015
Free-cash
7 685
12 022
5 527
9 871

Estimated living cost  is ₽38015 per week

₽26703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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