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
₽39076
₽19623
₽30982
₽29996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
20 010
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.

-
-
-
1 100
trade
-
-
-
8 094
total
-
-
-
35 611
Employee

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

35 872
-
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.

55
-
1 100
-
income

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

1 002
-
20 010
-
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.

6 407
-
6 407
-
total
7 464
-
27 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 128
95 000
-
-
chamber of commerce
228
279
-
-
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.

488
783
-
-
trade
9 312
14 963
-
-
income
8 869
14 251
-
-
total
18 897
30 276
-
-
Dividends
40 232
64 724
-
-
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.

534
870
-
-
withholding
9 702
15 824
-
-
total
10 236
16 694
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 597
46 970
27 517
35 611
After tax
58 403
48 030
67 483
59 389
Living cost
28 407
28 407
28 407
28 407
Free-cash
29 996
19 623
39 076
30 982

Estimated living cost  is ₽28407 per week

₽17869
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8911
₽10026
₽8166
₽9207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 021
pensions
-
-
-
11 400
national
-
-
-
15 291
municipal
-
-
-
9 868
total
-
-
-
37 580
Employee
76 353
-
82 127
-
municipal
9 431
-
10 236
-
national
14 614
-
15 861
-
pensions
3 054
-
3 285
-
total
27 099
-
29 382
-
Employer
76 353
-
82 127
-
pensions
6 108
-
6 570
-
social contributions
821
-
883
-
total
6 929
-
7 453
-
Corporate
6 678
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%.

1 336
19 000
-
-
total
1 336
19 000
-
-
Dividends
5 343
76 000
-
-
withholding
1 175
16 720
-
-
total
1 175
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 539
35 720
36 835
37 580
After tax
58 461
59 280
58 165
57 420
Living cost
49 254
49 254
49 254
49 254
Free-cash
9 207
10 026
8 911
8 166

Estimated living cost  is ₽49254 per week

₽33478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34021
₽56489
₽31188
₽48795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
30 543
income
-
-
-
13 757
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
44 300
Employee
27 405
-
76 558
-
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.

3 015
-
8 422
-
income
4 878
-
14 603
-
total
7 893
-
23 025
-
Employer
27 405
-
76 558
-
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.

6 601
-
18 442
-
total
6 601
-
18 442
-
Corporate
60 994
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%.

12 199
18 999
-
-
total
12 199
18 999
-
-
Dividends

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

48 795
76 001
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 693
18 999
41 467
44 300
After tax
68 307
76 001
53 533
50 700
Living cost
19 512
19 512
19 512
19 512
Free-cash
48 795
56 489
34 021
31 188

Estimated living cost  is ₽19512 per week

₽12448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6960
₽6700
₽14627
₽954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 307
income
-
-
-
18 789
pensions
-
-
-
10 988
total
-
-
-
41 084
Employee
80 090
80 090
80 844
-
income

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

13 109
13 109
13 109
-
pensions
14 416
10 988
10 988
-
health
12 293
10 456
10 499
-
total
39 818
34 553
34 596
-
Employer
80 090
80 090
80 844
-
unemployment
2 883
2 883
2 910
-
health
5 567
5 567
5 619
-
pensions
5 574
5 574
5 626
-
total
14 024
14 024
14 155
-
Corporate
1 868
885
-
-
income
374
176
-
-
total
374
176
-
-
Dividends
1 494
709
-
-
income
317
151
-
-
withholding
224
107
-
-
total
541
258
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 757
49 011
48 751
41 084
After tax
40 243
45 989
46 249
53 916
Living cost
39 289
39 289
39 289
39 289
Free-cash
954
6 700
6 960
14 627

Estimated living cost  is ₽39289 per week

₽27843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12060
₽13199
₽10769
₽12331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
9 848
health
-
-
-
5 289
accident
-
-
-
169
pensions
-
-
-
9 162
national
-
-
-
-
unemployment
-
-
-
85
municipal
-
-
-
21 007
total
-
-
-
45 560
Employee
55 103
-
72 287
-
municipal
16 432
-
21 556
-
national
-
-
-
-
total
16 432
-
21 556
-
Employer
55 103
-
72 287
-
other
6 403
-
8 400
-
unemployment
1 455
-
1 908
-
health
3 389
-
4 446
-
accident
110
-
145
-
pensions
5 957
-
7 814
-
total
17 314
-
22 713
-
Corporate
22 584
95 000
-
-
income
4 968
20 900
-
-
total
4 968
20 900
-
-
Dividends
17 615
74 100
-
-
withholding
5 284
22 230
-
-
total
5 284
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 998
43 130
44 269
45 560
After tax
51 002
51 870
50 731
49 440
Living cost
38 671
38 671
38 671
38 671
Free-cash
12 331
13 199
12 060
10 769

Estimated living cost  is ₽38671 per week

₽25630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30640
₽10697
₽22186
₽23875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
20 010
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.

-
-
-
1 100
trade
-
-
-
8 454
total
-
-
-
35 971
Employee

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

47 561
-
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.

224
-
1 100
-
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.

4 086
-
20 010
-
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.

6 407
-
6 407
-
total
10 717
-
27 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 439
95 000
-
-
chamber of commerce
210
278
-
-
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.

392
783
-
-
trade
7 804
15 628
-
-
income
7 116
14 251
-
-
total
15 522
30 940
-
-
Dividends
31 917
64 060
-
-
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.

420
861
-
-
withholding
7 623
15 659
-
-
total
8 043
16 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 282
47 460
27 517
35 971
After tax
60 718
47 540
67 483
59 029
Living cost
36 843
36 843
36 843
36 843
Free-cash
23 875
10 697
30 640
22 186

Estimated living cost  is ₽36843 per week

₽24641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36712
₽39113
₽36807
₽35224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
14 820
health
-
-
-
2 422
income
-
-
-
10 531
total
-
-
-
27 773
Employee
72 118
72 118
86 247
-
social contributions
3 504
5 985
7 158
-
income
7 573
6 676
10 490
-
health
717
1 226
1 467
-
total
11 794
13 887
19 115
-
Employer
72 118
72 118
86 247
-
health
781
1 335
1 595
-
social contributions
3 504
5 985
7 158
-
total
4 285
7 320
8 753
-
Corporate
48 500
15 562
-
-
income
6 062
1 945
-
-
total
6 062
1 945
-
-
Dividends
42 438
13 617
-
-
withholding
7 215
2 315
-
-
total
7 215
2 315
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 356
25 467
27 868
27 773
After tax
65 644
69 533
67 132
67 227
Living cost
30 420
30 420
30 420
30 420
Free-cash
35 224
39 113
36 712
36 807

Estimated living cost  is ₽30420 per week

₽20795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37486
₽35939
₽48225
₽36305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 650
income
-
-
-
11 614
pensions
-
-
-
9 500
unemployment
-
-
-
1 425
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.

25 386
10 103
79 498
-
income
3 103
1 235
9 719
-
pensions
2 539
1 010
7 950
-
health
1 777
707
5 565
-
unemployment
381
152
1 192
-
total
7 800
3 104
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.

25 386
10 103
79 498
-
pensions
4 950
1 970
15 502
-
total
4 950
1 970
15 502
-
Corporate
64 664
82 927
-
-
income
5 820
7 463
-
-
total
5 820
7 463
-
-
Dividends
58 844
75 463
-
-
social contributions
11 359
14 600
-
-
withholding
11 180
14 338
-
-
total
22 539
28 938
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 109
41 475
39 928
29 189
After tax
53 891
53 525
55 072
65 811
Living cost
17 586
17 586
17 586
17 586
Free-cash
36 305
35 939
37 486
48 225

Estimated living cost  is ₽17586 per week

₽12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32104
₽53348
₽28267
₽47521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 350
income
-
-
-
12 731
pensions
-
-
-
18 999
total
-
-
-
44 080
Employee
26 606
-
71 001
-
income
2 995
-
13 688
-
pensions
532
-
1 420
-
unemployment
425
-
1 136
-
total
3 952
-
16 244
-
Employer
26 606
-
71 001
-
unemployment
214
-
568
-
health
3 458
-
9 230
-
pensions
5 322
-
14 201
-
total
8 994
-
23 999
-
Corporate
59 401
95 000
-
-
income
11 880
18 999
-
-
total
11 880
18 999
-
-
Dividends
47 521
76 001
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
24 826
18 999
40 243
44 080
After tax
70 174
76 001
54 757
50 920
Living cost
22 653
22 653
22 653
22 653
Free-cash
47 521
53 348
32 104
28 267

Estimated living cost  is ₽22653 per week

₽15538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
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.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28322
-₽13079
₽44426
₽4507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
23 224
pensions
-
-
-
3 929
total
-
-
-
29 800
Employee
32 679
-
81 249
-
income
4 483
-
15 646
-
pensions
3 680
-
7 204
-
health
3 742
-
9 303
-
total
11 905
-
32 153
-
Employer
32 679
-
81 249
-
unemployment
801
-
1 991
-
accident
546
-
1 357
-
pensions
5 314
-
10 403
-
total
6 661
-
13 751
-
Corporate
55 661
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.

50 095
85 500
-
-
total
50 095
85 500
-
-
Dividends
5 566
9 500
-
-
withholding
1 058
1 805
-
-
total
1 058
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 719
87 305
45 904
29 800
After tax
25 281
7 695
49 096
65 200
Living cost
20 774
20 774
20 774
20 774
Free-cash
4 507
-13 079
28 322
44 426

Estimated living cost  is ₽20774 per week

₽15226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68173
₽82423
₽86223
₽80956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 783
-
95 000
-
income
1 956
-
19 000
-
total
1 956
-
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%.

85 217
95 000
-
-
total
-
-
-
-
Dividends
85 217
95 000
-
-
withholding
4 261
4 750
-
-
total
4 261
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 217
4 750
19 000
950
After tax
88 783
90 250
76 000
94 050
Living cost
7 827
7 827
7 827
7 827
Free-cash
80 956
82 423
68 173
86 223

Estimated living cost  is ₽7827 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30537
₽44806
₽26449
₽38472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 512
health
-
-
-
4 181
income
-
-
-
12 067
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
total
-
-
-
43 561
Employee
34 053
-
75 878
-
income
5 863
-
13 219
-
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.

2 383
-
5 311
-
health
477
-
1 063
-
unemployment
340
-
758
-
total
9 063
-
20 351
-
Employer
34 053
-
75 878
-
other
1 703
-
3 794
-
unemployment
340
-
758
-
health
477
-
1 063
-
accident
272
-
607
-
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.

5 790
-
12 900
-
total
8 582
-
19 122
-
Corporate
52 365
95 000
-
-
income
10 997
19 950
-
-
total
10 997
19 950
-
-
Dividends
41 368
75 050
-
-
withholding
2 896
5 254
-
-
total
2 896
5 254
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 538
25 204
39 473
43 561
After tax
63 462
69 796
55 527
51 439
Living cost
24 990
24 990
24 990
24 990
Free-cash
38 472
44 806
30 537
26 449

Estimated living cost  is ₽24990 per week

₽17657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
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.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2559
₽7558
₽6138
-₽4725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 900
pensions
-
-
-
6 974
total
-
-
-
26 874
Employee
87 704
-
83 620
-
income
15 810
-
14 858
-
health
1 445
-
1 362
-
pensions
8 461
-
7 971
-
total
25 716
-
24 191
-
Employer
87 704
-
83 620
-
health
1 666
-
1 588
-
pensions
10 355
-
9 792
-
total
12 021
-
11 380
-
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
-
7 403
-
-
total
-
7 403
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 737
25 454
35 571
26 874
After tax
57 263
69 546
59 429
68 126
Living cost
61 988
61 988
61 988
61 988
Free-cash
-4 725
7 558
-2 559
6 138

Estimated living cost  is ₽61988 per week

₽46449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62873
₽69036
₽59890
₽64716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 735
income
-
-
-
14 250
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
22 921
Employee
16 141
-
88 629
-
income
1 614
-
8 863
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 417
-
2 851
-
health
742
-
1 494
-
total
3 951
-
13 565
-
Employer
16 141
-
88 629
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 579
-
total
3 168
-
6 372
-
Corporate
75 692
95 000
-
-
income
7 569
9 500
-
-
total
7 569
9 500
-
-
Dividends
68 123
85 500
-
-
withholding
3 406
4 275
-
-
total
3 406
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 094
13 775
19 937
22 921
After tax
76 906
81 225
75 063
72 079
Living cost
12 190
12 190
12 190
12 190
Free-cash
64 716
69 036
62 873
59 890

Estimated living cost  is ₽12190 per week

₽7116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5757
-₽6017
₽1910
-₽7175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 307
income
-
-
-
18 789
pensions
-
-
-
10 988
total
-
-
-
41 084
Employee
86 952
80 090
80 844
-
income

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

13 109
13 109
13 109
-
pensions
10 988
10 988
10 988
-
health
10 848
10 456
10 499
-
total
34 945
34 553
34 596
-
Employer
86 952
80 090
80 844
-
unemployment
3 131
2 883
2 910
-
health
6 042
5 567
5 619
-
pensions
6 051
5 574
5 626
-
total
15 224
14 024
14 155
-
Corporate
-
885
-
-
income
-
176
-
-
total
-
176
-
-
Dividends
-
709
-
-
income
-
151
-
-
withholding
-
107
-
-
total
-
258
-
-
Income
95 000
95 000
95 000
95 000
Total tax
50 169
49 011
48 751
41 084
After tax
44 831
45 989
46 249
53 916
Living cost
52 006
52 006
52 006
52 006
Free-cash
-7 175
-6 017
-5 757
1 910

Estimated living cost  is ₽52006 per week

₽38363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25092
₽42291
₽23153
₽34043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
27 740
health
-
-
-
12 825
income
-
-
-
8 165
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
33 995
-
70 895
-
social contributions
2 210
-
4 608
-
solidarity contribution
-
-
-
-
income
4 079
-
8 507
-
health
4 589
-
9 571
-
total
10 878
-
22 686
-
Employer
33 995
-
70 895
-
health
3 060
-
6 381
-
social contributions
8 499
-
17 724
-
total
11 559
-
24 105
-
Corporate
49 447
95 000
-
-
income
9 395
18 050
-
-
total
9 395
18 050
-
-
Dividends
40 052
76 950
-
-
withholding
6 008
11 542
-
-
total
6 008
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 840
29 592
46 791
48 730
After tax
57 160
65 408
48 209
46 270
Living cost
23 117
23 117
23 117
23 117
Free-cash
34 043
42 291
25 092
23 153

Estimated living cost  is ₽23117 per week

₽16057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4589
₽11109
₽9111
₽6215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
24 435
national
-
-
-
20 265
regional
-
-
-
1 050
municipal
-
-
-
564
total
-
-
-
46 314
Employee
83 352
-
95 000
-
social contributions
28 106
-
32 034
-
municipal
441
-
504
-
national
14 443
-
17 378
-
regional
786
-
920
-
total
43 776
-
50 836
-
Employer
83 352
-
95 000
-
total
-
-
-
-
Corporate
11 648
95 000
-
-
nationa
2 796
22 801
-
-
municipal
454
3 706
-
-
total
3 250
26 507
-
-
Dividends
8 398
68 494
-
-
withholding
2 184
17 809
-
-
total
2 184
17 809
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 210
44 316
50 836
46 314
After tax
45 790
50 684
44 164
48 686
Living cost
39 575
39 575
39 575
39 575
Free-cash
6 215
11 109
4 589
9 111

Estimated living cost  is ₽39575 per week

₽27587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26215
₽39059
₽28057
₽36141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
6 745
income
-
-
-
18 070
pensions
-
-
-
18 999
surtax
-
-
-
2 219
unemployment
-
-
-
214
total
-
-
-
46 247
Employee
31 015
-
78 480
-
surtax
101
-
2 008
-
income
5 199
-
16 865
-
other
-
-
-
-
pensions
2 068
-
5 234
-
health
792
-
2 000
-
unemployment
2 159
-
5 462
-
total
10 319
-
31 569
-
Employer
31 015
-
78 480
-
other
-
-
-
-
unemployment
982
-
2 488
-
health
1 411
-
3 570
-
pensions
4 134
-
10 462
-
total
6 527
-
16 520
-
Corporate
57 457
95 000
-
-
income
14 940
24 700
-
-
total
14 940
24 700
-
-
Dividends
42 517
70 300
-
-
withholding
6 377
10 545
-
-
total
6 377
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 163
35 245
48 089
46 247
After tax
56 837
59 755
46 911
48 753
Living cost
20 696
20 696
20 696
20 696
Free-cash
36 141
39 059
26 215
28 057

Estimated living cost  is ₽20696 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17080
₽27197
₽25777
₽21536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 900
pensions
-
-
-
6 974
total
-
-
-
26 874
Employee
58 777
-
83 620
-
income
10 586
-
14 858
-
health
853
-
1 362
-
pensions
4 989
-
7 971
-
total
16 428
-
24 191
-
Employer
58 777
-
83 620
-
health
1 117
-
1 588
-
pensions
6 363
-
9 792
-
total
7 480
-
11 380
-
Corporate
28 744
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.

5 462
18 051
-
-
total
5 462
18 051
-
-
Dividends
23 282
76 949
-
-
withholding
1 745
7 403
-
-
total
1 745
7 403
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 115
25 454
35 571
26 874
After tax
63 885
69 546
59 429
68 126
Living cost
42 349
42 349
42 349
42 349
Free-cash
21 536
27 197
17 080
25 777

Estimated living cost  is ₽42349 per week

₽31727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽627
-₽31792
₽4194
-₽1429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 899
health
-
-
-
245
pensions
-
-
-
8 739
city
-
-
-
1 001
national
-
-
-
529
regional
-
-
-
3 161
total
-
-
-
15 574
Employee
88 041
-
85 032
-
national
417
-
394
-
city
945
-
914
-
pensions
7 397
-
7 142
-
health
199
-
191
-
regional
2 883
-
2 721
-
unemployment
-
-
-
-
total
11 841
-
11 362
-
Employer
88 041
-
85 032
-
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.

1 760
-
1 700
-
unemployment
-
-
-
-
health
199
-
191
-
pensions
7 397
-
7 142
-
total
9 356
-
9 033
-
Corporate
-
95 000
-
-
regional
-
20 093
-
-
national
-
8 075
-
-
total
-
28 168
-
-
Dividends
-
66 832
-
-
withholding
-
23 392
-
-
total
-
23 392
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 197
51 560
20 395
15 574
After tax
73 803
43 440
74 605
79 426
Living cost
75 232
75 232
75 232
75 232
Free-cash
-1 429
-31 792
-627
4 194

Estimated living cost  is ₽75232 per week

₽48922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24519
₽4088
₽15706
₽19294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
20 010
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.

-
-
-
1 100
trade
-
-
-
8 813
total
-
-
-
36 330
Employee

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

56 364
-
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.

365
-
1 100
-
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.

6 628
-
20 010
-
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.

6 407
-
6 407
-
total
13 400
-
27 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 636
95 000
-
-
chamber of commerce
198
276
-
-
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.

319
783
-
-
trade
6 626
16 292
-
-
income
5 795
14 251
-
-
total
12 938
31 602
-
-
Dividends
25 699
63 398
-
-
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.

335
853
-
-
withholding
6 069
15 493
-
-
total
6 404
16 346
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 742
47 948
27 517
36 330
After tax
62 258
47 052
67 483
58 670
Living cost
42 964
42 964
42 964
42 964
Free-cash
19 294
4 088
24 519
15 706

Estimated living cost  is ₽42964 per week

₽31379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27736
₽15792
₽22580
₽21332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 949
social contributions
-
-
-
2 707
health
-
-
-
1 826
income
-
-
-
9 219
pensions
-
-
-
23 631
surtax
-
-
-
-
total
-
-
-
40 332
Employee
40 139
-
77 092
-
surtax
-
-
-
-
social contributions
1 144
-
2 196
-
income
2 369
-
11 390
-
pensions
4 538
-
3 682
-
total
8 051
-
17 268
-
Employer
40 139
-
77 092
-
other
1 385
-
2 659
-
unemployment
1 625
-
3 122
-
health
2 810
-
5 396
-
pensions
6 594
-
6 500
-
social contributions
121
-
231
-
total
12 535
-
17 908
-
Corporate
42 326
95 000
-
-
surtax
-
-
-
-
income
11 852
26 601
-
-
total
11 852
26 601
-
-
Dividends
30 474
68 399
-
-
social contributions
5 241
11 764
-
-
surtax
-
-
-
-
withholding
3 901
8 755
-
-
total
9 142
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 580
47 120
35 176
40 332
After tax
53 420
47 880
59 824
54 668
Living cost
32 088
32 088
32 088
32 088
Free-cash
21 332
15 792
27 736
22 580

Estimated living cost  is ₽32088 per week

₽20233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30916
₽18972
₽25760
₽24179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 949
social contributions
-
-
-
2 707
health
-
-
-
1 826
income
-
-
-
9 219
pensions
-
-
-
23 631
surtax
-
-
-
-
total
-
-
-
40 332
Employee
35 830
-
77 092
-
surtax
-
-
-
-
social contributions
1 022
-
2 196
-
income
1 847
-
11 390
-
pensions
4 053
-
3 682
-
total
6 922
-
17 268
-
Employer
35 830
-
77 092
-
other
1 237
-
2 659
-
unemployment
1 451
-
3 122
-
health
2 508
-
5 396
-
pensions
5 888
-
6 500
-
social contributions
107
-
231
-
total
11 191
-
17 908
-
Corporate
47 980
95 000
-
-
surtax
-
-
-
-
income
13 434
26 601
-
-
total
13 434
26 601
-
-
Dividends
34 547
68 399
-
-
social contributions
5 943
11 764
-
-
surtax
-
-
-
-
withholding
4 423
8 755
-
-
total
10 366
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 913
47 120
35 176
40 332
After tax
53 087
47 880
59 824
54 668
Living cost
28 908
28 908
28 908
28 908
Free-cash
24 179
18 972
30 916
25 760

Estimated living cost  is ₽28908 per week

₽16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41225
₽38072
₽41121
₽38558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
13 110
health
-
-
-
6 631
income
-
-
-
14 251
total
-
-
-
33 992
Employee
31 799
-
95 000
-
social contributions
4 389
-
13 110
-
income
5 304
-
14 147
-
health
2 219
-
6 631
-
total
11 912
-
33 888
-
Employer
31 799
-
95 000
-
total
-
-
-
-
Corporate
63 201
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%.

3 161
4 750
-
-
total
3 161
4 750
-
-
Dividends
60 040
90 250
-
-
social contributions
8 285
12 455
-
-
withholding
9 006
13 537
-
-
health
4 191
6 299
-
-
total
21 482
32 291
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 555
37 041
33 888
33 992
After tax
58 445
57 959
61 112
61 008
Living cost
19 887
19 887
19 887
19 887
Free-cash
38 558
38 072
41 225
41 121

Estimated living cost  is ₽19887 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4385
₽20186
₽14955
₽18735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 267
income
-
-
-
15 838
chamber of commerce
-
-
-
381
pensions
-
-
-
17 575
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
46 998
Employee
46 870
37 375
73 625
-
income
5 336
2 757
14 110
-
other
468
374
737
-
pensions
4 800
3 827
7 539
-
health
1 814
1 447
2 849
-
unemployment
1 406
1 121
2 209
-
total
13 824
9 526
27 444
-
Employer
46 870
37 375
73 625
-
other
2 227
1 774
3 497
-
unemployment
1 406
1 121
2 209
-
health
1 771
1 413
2 784
-
surtax
185
185
185
-
accident
609
486
958
-
pensions
5 882
4 692
9 241
-
payroll
1 406
1 121
2 209
-
chamber of commerce
187
150
294
-
total
13 673
10 942
21 377
-
Corporate
34 457
46 682
70 065
-
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.

8 614
11 670
17 517
-
total
8 614
11 670
17 517
-
Dividends
25 843
35 012
-
-
withholding
7 107
9 629
-
-
total
7 107
9 629
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 218
41 767
66 338
46 998
After tax
51 782
53 233
28 662
48 002
Living cost
33 047
33 047
33 047
33 047
Free-cash
18 735
20 186
-4 385
14 955

Estimated living cost  is ₽33047 per week

₽22041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
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.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2764
₽19081
₽10274
₽5013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
14 886
communal

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

-
-
-
4 807
national
-
-
-
30 837
total
-
-
-
50 530
Employee

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

67 086
-
73 580
-
national
20 625
-
23 165
-
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.

5 031
-
5 519
-
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.

3 152
-
3 458
-
communal

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

3 499
-
3 837
-
unemployment

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

584
-
641
-
total
32 891
-
36 620
-
Employer

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

67 086
-
73 580
-
unemployment

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

979
-
1 075
-
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.

4 126
-
4 526
-
surtax
7 607
-
8 344
-
accident

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

872
-
956
-
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.

5 944
-
6 519
-
total
19 528
-
21 420
-
Corporate
8 386
95 000
-
-
surtax
34
381
-
-
income
1 677
18 999
-
-
total
1 711
19 380
-
-
Dividends
6 675
75 620
-
-
withholding

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

1 661
22 343
-
-
total
1 661
22 343
-
-
Income
95 000
95 000
95 000
95 000
Total tax
55 791
41 723
58 040
50 530
After tax
39 209
53 277
36 960
44 470
Living cost
34 196
34 196
34 196
34 196
Free-cash
5 013
19 081
2 764
10 274

Estimated living cost  is ₽34196 per week

₽22027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16282
₽30135
₽17201
₽22666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
17 850
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
43 929
Employee
46 685
-
72 035
-
income
9 850
-
17 311
-
other
46
-
71
-
pensions
2 194
-
3 385
-
unemployment
724
-
1 116
-
total
12 814
-
21 883
-
Employer
46 685
-
72 035
-
other
372
-
577
-
unemployment
2 568
-
3 962
-
accident
924
-
1 426
-
pensions
11 017
-
17 000
-
total
14 881
-
22 965
-
Corporate
33 434
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.

5 015
14 251
-
-
total
5 015
14 251
-
-
Dividends
28 419
80 749
-
-
withholding
5 754
16 744
-
-
total
5 754
16 744
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 464
30 995
44 848
43 929
After tax
56 536
64 005
50 152
51 071
Living cost
33 870
33 870
33 870
33 870
Free-cash
22 666
30 135
16 282
17 201

Estimated living cost  is ₽33870 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7486
₽7143
₽3258
₽696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 674
accident
-
-
-
801
income
-
-
-
8 347
pensions
-
-
-
14 240
communal
-
-
-
6 003
surtax
-
-
-
4 709
total
-
-
-
40 774
Employee
71 024
-
84 861
-
surtax
4 353
-
5 201
-
income
6 860
-
10 640
-
pensions
5 681
-
6 788
-
health
3 161
-
3 777
-
total
20 055
-
26 406
-
Employer
71 024
-
84 861
-
health
2 166
-
2 588
-
accident
639
-
764
-
pensions
5 681
-
6 788
-
total
8 486
-
10 140
-
Corporate
15 490
95 000
-
-
surtax
162
997
-
-
income
2 323
14 251
-
-
communal
-
6 413
-
-
total
2 485
21 661
-
-
Dividends
13 005
73 340
-
-
income
10 359
4 227
-
-
withholding
1 951
11 001
-
-
total
12 310
15 228
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 336
36 889
36 546
40 774
After tax
51 664
58 111
58 454
54 226
Living cost
50 968
50 968
50 968
50 968
Free-cash
696
7 143
7 486
3 258

Estimated living cost  is ₽50968 per week

₽38233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25845
₽38689
₽27687
₽35707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
6 745
income
-
-
-
18 070
pensions
-
-
-
18 999
surtax
-
-
-
2 219
unemployment
-
-
-
214
total
-
-
-
46 247
Employee
31 584
-
78 480
-
surtax
112
-
2 008
-
income
5 295
-
16 865
-
other
-
-
-
-
pensions
2 107
-
5 234
-
health
806
-
2 000
-
unemployment
2 198
-
5 462
-
total
10 518
-
31 569
-
Employer
31 584
-
78 480
-
other
-
-
-
-
unemployment
1 002
-
2 488
-
health
1 436
-
3 570
-
pensions
4 211
-
10 462
-
total
6 649
-
16 520
-
Corporate
56 767
95 000
-
-
income
14 760
24 700
-
-
total
14 760
24 700
-
-
Dividends
42 007
70 300
-
-
withholding
6 300
10 545
-
-
total
6 300
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 227
35 245
48 089
46 247
After tax
56 773
59 755
46 911
48 753
Living cost
21 066
21 066
21 066
21 066
Free-cash
35 707
38 689
25 845
27 687

Estimated living cost  is ₽21066 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽18541
₽24670
₽23040
₽22589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
24 435
national
-
-
-
20 265
regional
-
-
-
1 432
municipal
-
-
-
564
total
-
-
-
46 696
Employee
52 025
-
95 000
-
social contributions
17 543
-
32 034
-
municipal
276
-
504
-
national
8 242
-
17 378
-
regional
700
-
1 279
-
total
26 761
-
51 195
-
Employer
52 025
-
95 000
-
total
-
-
-
-
Corporate
42 975
95 000
-
-
nationa
10 314
22 801
-
-
municipal
2 136
4 722
-
-
total
12 450
27 523
-
-
Dividends
30 525
67 477
-
-
withholding
7 936
17 543
-
-
total
7 936
17 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 147
45 066
51 195
46 696
After tax
47 853
49 934
43 805
48 304
Living cost
25 264
25 264
25 264
25 264
Free-cash
22 589
24 670
18 541
23 040

Estimated living cost  is ₽25264 per week

₽15712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19723
₽36922
₽17784
₽26759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
27 740
health
-
-
-
12 825
income
-
-
-
8 165
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
41 891
-
70 895
-
social contributions
2 723
-
4 608
-
solidarity contribution
-
-
-
-
income
5 027
-
8 507
-
health
5 655
-
9 571
-
total
13 405
-
22 686
-
Employer
41 891
-
70 895
-
health
3 770
-
6 381
-
social contributions
10 473
-
17 724
-
total
14 243
-
24 105
-
Corporate
38 866
95 000
-
-
income
7 385
18 050
-
-
total
7 385
18 050
-
-
Dividends
31 482
76 950
-
-
withholding
4 722
11 542
-
-
total
4 722
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 755
29 592
46 791
48 730
After tax
55 245
65 408
48 209
46 270
Living cost
28 486
28 486
28 486
28 486
Free-cash
26 759
36 922
19 723
17 784

Estimated living cost  is ₽28486 per week

₽21184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1218
₽23414
₽18266
₽22949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 267
income
-
-
-
15 838
chamber of commerce
-
-
-
381
pensions
-
-
-
17 575
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
46 813
Employee
40 997
37 375
73 769
-
income
3 652
2 757
14 160
-
other
409
374
737
-
pensions
4 199
3 827
7 553
-
health
1 586
1 447
2 855
-
unemployment
1 230
1 121
2 212
-
total
11 076
9 526
27 517
-
Employer
40 997
37 375
73 769
-
other
1 947
1 774
3 503
-
unemployment
1 230
1 121
2 212
-
health
1 550
1 413
2 789
-
surtax
-
-
-
-
accident
532
486
959
-
pensions
5 145
4 692
9 258
-
payroll
1 230
1 121
2 212
-
chamber of commerce
164
150
295
-
total
11 798
10 757
21 228
-
Corporate
42 205
46 868
70 211
-
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.

10 551
11 716
17 552
-
total
10 551
11 716
17 552
-
Dividends
31 654
35 151
-
-
withholding
8 705
9 666
-
-
total
8 705
9 666
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 130
41 665
66 297
46 813
After tax
52 870
53 335
28 703
48 187
Living cost
29 921
29 921
29 921
29 921
Free-cash
22 949
23 414
-1 218
18 266

Estimated living cost  is ₽29921 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
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.
₽8383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63803
₽78053
₽81853
₽75766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 246
-
95 000
-
income
3 049
-
19 000
-
total
3 049
-
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%.

79 754
95 000
-
-
total
-
-
-
-
Dividends
79 754
95 000
-
-
withholding
3 988
4 750
-
-
total
3 988
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 037
4 750
19 000
950
After tax
87 963
90 250
76 000
94 050
Living cost
12 197
12 197
12 197
12 197
Free-cash
75 766
78 053
63 803
81 853

Estimated living cost  is ₽12197 per week

₽8254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21219
₽40251
₽23943
₽32407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 347
income
-
-
-
19 063
pensions
-
-
-
17 349
unemployment
-
-
-
142
total
-
-
-
45 901
Employee

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

41 473
-
82 202
-
income
7 152
-
17 660
-
pensions
6 429
-
12 741
-
health
2 679
-
5 309
-
unemployment
59
-
116
-
total
16 319
-
35 826
-
Employer

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

41 473
-
82 202
-
unemployment
25
-
50
-
health
2 762
-
5 475
-
pensions
3 670
-
7 274
-
total
6 457
-
12 799
-
Corporate
47 070
95 000
-
-
income
8 943
18 051
-
-
total
8 943
18 051
-
-
Dividends
38 127
76 949
-
-
withholding
5 718
11 542
-
-
total
5 718
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 437
29 593
48 625
45 901
After tax
57 563
65 407
46 375
49 099
Living cost
25 156
25 156
25 156
25 156
Free-cash
32 407
40 251
21 219
23 943

Estimated living cost  is ₽25156 per week

₽17264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39600
₽15342
₽23197
-₽51711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
10 830
income
-
-
-
18 517
total
-
-
-
29 347
Employee
60 876
-
-
-
social contributions
4 992
-
711
-
income
13 428
-
-
-
total
18 420
-
711
-
Employer
60 876
-
-
-
social contributions
85 835
-
12 233
-
total
85 835
-
12 233
-
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
104 255
37 202
12 944
29 347
After tax
-9 255
57 798
82 056
65 653
Living cost
42 456
42 456
42 456
42 456
Free-cash
-51 711
15 342
39 600
23 197

Estimated living cost  is ₽42456 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18760
₽24618
₽23650
₽23673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
33 013
income
-
-
-
8 919
surtax
-
-
-
-
total
-
-
-
41 932
Employee
43 135
-
76 768
-
surtax
-
-
-
-
social contributions
4 745
-
8 445
-
income
8 972
-
20 145
-
total
13 717
-
28 590
-
Employer
43 135
-
76 768
-
social contributions
10 244
-
18 232
-
total
10 244
-
18 232
-
Corporate
41 621
95 000
-
-
surtax
-
-
-
-
income
8 741
19 950
-
-
total
8 741
19 950
-
-
Dividends
32 880
75 050
-
-
withholding
9 207
21 014
-
-
total
9 207
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 909
40 964
46 822
41 932
After tax
53 091
54 036
48 178
53 068
Living cost
29 418
29 418
29 418
29 418
Free-cash
23 673
24 618
18 760
23 650

Estimated living cost  is ₽29418 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14526
₽2582
₽9370
₽9028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 949
social contributions
-
-
-
2 707
health
-
-
-
1 826
income
-
-
-
9 219
pensions
-
-
-
23 631
surtax
-
-
-
-
total
-
-
-
40 332
Employee
58 741
-
77 092
-
surtax
-
-
-
-
social contributions
1 673
-
2 196
-
income
5 125
-
11 390
-
pensions
6 644
-
3 682
-
total
13 442
-
17 268
-
Employer
58 741
-
77 092
-
other
2 027
-
2 659
-
unemployment
2 380
-
3 122
-
health
4 111
-
5 396
-
pensions
9 652
-
6 500
-
social contributions
176
-
231
-
total
18 346
-
17 908
-
Corporate
17 913
95 000
-
-
surtax
-
-
-
-
income
5 015
26 601
-
-
total
5 015
26 601
-
-
Dividends
12 898
68 399
-
-
social contributions
2 219
11 764
-
-
surtax
-
-
-
-
withholding
1 652
8 755
-
-
total
3 871
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 674
47 120
35 176
40 332
After tax
54 326
47 880
59 824
54 668
Living cost
45 298
45 298
45 298
45 298
Free-cash
9 028
2 582
14 526
9 370

Estimated living cost  is ₽45298 per week

₽30657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46719
₽57308
₽44194
₽54157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 714
social contributions
-
-
-
20 900
total
-
-
-
22 614
Employee
30 152
-
82 251
-
income
-
-
1 995
-
social contributions
1 960
-
5 345
-
total
1 960
-
7 340
-
Employer
30 152
-
82 251
-
social contributions
4 674
-
12 749
-
total
4 674
-
12 749
-
Corporate
60 175
95 000
-
-
income
6 017
9 500
-
-
total
6 017
9 500
-
-
Dividends
54 157
85 500
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 651
9 500
20 089
22 614
After tax
82 349
85 500
74 911
72 386
Living cost
28 192
28 192
28 192
28 192
Free-cash
54 157
57 308
46 719
44 194

Estimated living cost  is ₽28192 per week

₽18229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and 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 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
-₽109004
-₽109004
₽13751
-₽109004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
7 535
pensions
-
-
-
812
national
-
-
-
10 096
municipal
-
-
-
17 713
total
-
-
-
36 156
Employee
190 328
190 328
190 328
-
labour market
15 205
15 205
15 205
-
municipal
40 529
40 529
40 529
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 257
79 257
79 257
-
Employer
190 328
190 328
190 328
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
158 911
158 911
158 911
36 156
After tax
-63 911
-63 911
-63 911
58 844
Living cost
45 093
45 093
45 093
45 093
Free-cash
-109 004
-109 004
-109 004
13 751

Estimated living cost  is ₽45093 per week

₽30862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28628
-₽12773
₽44732
₽4554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
23 224
pensions
-
-
-
3 929
total
-
-
-
29 800
Employee
32 197
-
81 249
-
income
4 417
-
15 646
-
pensions
3 626
-
7 204
-
health
3 687
-
9 303
-
total
11 730
-
32 153
-
Employer
32 197
-
81 249
-
unemployment
789
-
1 991
-
accident
538
-
1 357
-
pensions
5 235
-
10 403
-
total
6 562
-
13 751
-
Corporate
56 241
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.

50 617
85 500
-
-
total
50 617
85 500
-
-
Dividends
5 624
9 500
-
-
withholding
1 069
1 805
-
-
total
1 069
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 978
87 305
45 904
29 800
After tax
25 022
7 695
49 096
65 200
Living cost
20 468
20 468
20 468
20 468
Free-cash
4 554
-12 773
28 628
44 732

Estimated living cost  is ₽20468 per week

₽14898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18090
₽27066
₽31316
₽25153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 071
national
-
-
-
9 698
municipal
-
-
-
16 908
total
-
-
-
27 677
Employee
49 343
-
79 918
-
municipal
8 082
-
13 048
-
national
815
-
5 338
-
pensions
3 330
-
5 395
-
health
368
-
840
-
unemployment
740
-
1 200
-
total
13 335
-
25 821
-
Employer
49 343
-
79 918
-
unemployment
320
-
520
-
health
379
-
616
-
accident
50
-
80
-
pensions
8 561
-
13 866
-
total
9 310
-
15 082
-
Corporate
36 347
95 000
-
-
income
7 269
18 999
-
-
total
7 269
18 999
-
-
Dividends

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

21 809
57 001
-
-
national
-
2 668
-
-
municipal
3 926
10 260
-
-
total
3 926
12 928
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 840
31 927
40 903
27 677
After tax
61 160
63 073
54 097
67 323
Living cost
36 007
36 007
36 007
36 007
Free-cash
25 153
27 066
18 090
31 316

Estimated living cost  is ₽36007 per week

₽23520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45418
₽47819
₽45513
₽42713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
14 820
health
-
-
-
2 422
income
-
-
-
10 531
total
-
-
-
27 773
Employee
72 118
72 118
86 247
-
social contributions
2 727
5 985
7 158
-
income
7 852
6 676
10 490
-
health
559
1 226
1 467
-
total
11 138
13 887
19 115
-
Employer
72 118
72 118
86 247
-
health
607
1 335
1 595
-
social contributions
2 727
5 985
7 158
-
total
3 334
7 320
8 753
-
Corporate
58 814
15 562
-
-
income
7 352
1 945
-
-
total
7 352
1 945
-
-
Dividends
51 462
13 617
-
-
withholding
8 749
2 315
-
-
total
8 749
2 315
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 573
25 467
27 868
27 773
After tax
64 427
69 533
67 132
67 227
Living cost
21 714
21 714
21 714
21 714
Free-cash
42 713
47 819
45 418
45 513

Estimated living cost  is ₽21714 per week

₽13014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43699
₽63779
₽61637
₽59007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 394
income
-
-
-
9 086
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
18 473
Employee

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

21 527
-
86 128
-
income
1 472
-
6 868
-
pensions
3 229
-
12 919
-
health
1 830
-
7 320
-
unemployment
107
-
431
-
total
6 638
-
27 538
-
Employer

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

21 527
-
86 128
-
unemployment
107
-
431
-
health
925
-
3 704
-
pensions
1 184
-
4 738
-
total
2 216
-
8 873
-
Corporate
71 257
95 000
-
-
income
6 413
8 550
-
-
total
6 413
8 550
-
-
Dividends
64 844
86 450
-
-
withholding
5 836
7 781
-
-
total
5 836
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 103
16 331
36 411
18 473
After tax
73 897
78 669
58 589
76 527
Living cost
14 890
14 890
14 890
14 890
Free-cash
59 007
63 779
43 699
61 637

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24362
₽38215
₽25281
₽33297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
17 850
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
43 929
Employee
34 679
-
72 035
-
income
6 686
-
17 311
-
other
34
-
71
-
pensions
1 630
-
3 385
-
unemployment
537
-
1 116
-
total
8 887
-
21 883
-
Employer
34 679
-
72 035
-
other
278
-
577
-
unemployment
1 908
-
3 962
-
accident
687
-
1 426
-
pensions
8 183
-
17 000
-
total
11 056
-
22 965
-
Corporate
49 265
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.

7 390
14 251
-
-
total
7 390
14 251
-
-
Dividends
41 876
80 749
-
-
withholding
8 580
16 744
-
-
total
8 580
16 744
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 913
30 995
44 848
43 929
After tax
59 087
64 005
50 152
51 071
Living cost
25 790
25 790
25 790
25 790
Free-cash
33 297
38 215
24 362
25 281

Estimated living cost  is ₽25790 per week

₽17408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58878
₽57548
₽59001
₽57264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
916
income
-
-
-
32 088
pensions
-
-
-
1 263
total
-
-
-
34 267
Employee
2 638
-
93 579
-
income
510
-
32 022
-
pensions
237
-
568
-
health
132
-
316
-
unemployment
26
-
63
-
total
905
-
32 969
-
Employer
2 638
-
93 579
-
unemployment
53
-
126
-
health
251
-
600
-
pensions
290
-
695
-
total
594
-
1 421
-
Corporate
91 769
95 000
-
-
income
20 189
20 900
-
-
total
20 189
20 900
-
-
Dividends
71 579
74 100
-
-
withholding
14 316
14 820
-
-
total
14 316
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 004
35 720
34 390
34 267
After tax
58 996
59 280
60 610
60 733
Living cost
1 732
1 732
1 732
1 732
Free-cash
57 264
57 548
58 878
59 001

Estimated living cost  is ₽1732 per week

₽1029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34220
₽52437
₽34220
₽47830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 130
income
-
-
-
18 413
pensions
-
-
-
17 999
unemployment
-
-
-
1 038
total
-
-
-
44 580
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.

24 428
-
82 608
-
income
3 367
-
18 413
-
pensions
3 420
-
9 692
-
health
1 258
-
3 565
-
unemployment
183
-
519
-
total
8 228
-
32 189
-
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.

24 428
-
82 608
-
unemployment
183
-
519
-
health
1 258
-
3 565
-
pensions
2 931
-
8 307
-
total
4 372
-
12 391
-
Corporate
66 199
95 000
-
-
income
9 930
14 250
-
-
total
9 930
14 250
-
-
Dividends
56 269
80 750
-
-
withholding
8 440
12 113
-
-
total
8 440
12 113
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 970
26 363
44 580
44 580
After tax
64 030
68 637
50 420
50 420
Living cost
16 200
16 200
16 200
16 200
Free-cash
47 830
52 437
34 220
34 220

Estimated living cost  is ₽16200 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22894
₽28752
₽27784
₽28414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
33 013
income
-
-
-
8 919
surtax
-
-
-
-
total
-
-
-
41 932
Employee
36 401
-
76 768
-
surtax
-
-
-
-
social contributions
4 005
-
8 445
-
income
7 112
-
20 145
-
total
11 117
-
28 590
-
Employer
36 401
-
76 768
-
social contributions
8 644
-
18 232
-
total
8 644
-
18 232
-
Corporate
49 955
95 000
-
-
surtax
-
-
-
-
income
10 490
19 950
-
-
total
10 490
19 950
-
-
Dividends
39 465
75 050
-
-
withholding
11 051
21 014
-
-
total
11 051
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 302
40 964
46 822
41 932
After tax
53 698
54 036
48 178
53 068
Living cost
25 284
25 284
25 284
25 284
Free-cash
28 414
28 752
22 894
27 784

Estimated living cost  is ₽25284 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17191
₽31044
₽18110
₽23892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
17 850
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
43 929
Employee
45 295
-
72 035
-
income
9 460
-
17 311
-
other
44
-
71
-
pensions
2 129
-
3 385
-
unemployment
701
-
1 116
-
total
12 334
-
21 883
-
Employer
45 295
-
72 035
-
other
363
-
577
-
unemployment
2 492
-
3 962
-
accident
897
-
1 426
-
pensions
10 689
-
17 000
-
total
14 441
-
22 965
-
Corporate
35 264
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.

5 290
14 251
-
-
total
5 290
14 251
-
-
Dividends
29 975
80 749
-
-
withholding
6 082
16 744
-
-
total
6 082
16 744
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 147
30 995
44 848
43 929
After tax
56 853
64 005
50 152
51 071
Living cost
32 961
32 961
32 961
32 961
Free-cash
23 892
31 044
17 191
18 110

Estimated living cost  is ₽32961 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59070
₽65232
₽56086
₽59566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 735
income
-
-
-
14 250
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
22 921
Employee
21 177
-
88 629
-
income
2 118
-
8 863
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

1 859
-
2 851
-
health
974
-
1 494
-
total
5 184
-
13 565
-
Employer
21 177
-
88 629
-
unemployment
127
-
195
-
health
1 461
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 579
-
total
4 155
-
6 372
-
Corporate
69 668
95 000
-
-
income
6 967
9 500
-
-
total
6 967
9 500
-
-
Dividends
62 701
85 500
-
-
withholding
3 135
4 275
-
-
total
3 135
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 441
13 775
19 937
22 921
After tax
75 559
81 225
75 063
72 079
Living cost
15 993
15 993
15 993
15 993
Free-cash
59 566
65 232
59 070
56 086

Estimated living cost  is ₽15993 per week

₽10578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31274
₽12798
₽23899
₽25067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
20 010
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.

-
-
-
1 100
trade
-
-
-
7 375
total
-
-
-
34 892
Employee

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

46 665
-
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.

212
-
1 100
-
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.

3 837
-
20 010
-
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.

6 407
-
6 407
-
total
10 456
-
27 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 335
95 000
-
-
chamber of commerce
214
281
-
-
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.

399
783
-
-
trade
6 936
13 633
-
-
income
7 251
14 251
-
-
total
14 800
28 948
-
-
Dividends
33 536
66 052
-
-
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.

441
888
-
-
withholding
8 027
16 157
-
-
total
8 468
17 045
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 724
45 993
27 517
34 892
After tax
61 276
49 007
67 483
60 108
Living cost
36 209
36 209
36 209
36 209
Free-cash
25 067
12 798
31 274
23 899

Estimated living cost  is ₽36209 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10603
₽13075
₽10603
₽15145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 498
social contributions
-
-
-
8 474
total
-
-
-
30 972
Employee
73 362
-
95 000
-
income
13 843
-
22 498
-
social contributions
6 095
-
8 474
-
total
19 938
-
30 972
-
Employer
73 362
-
95 000
-
total
-
-
-
-
Corporate
21 638
95 000
-
-
income
2 705
11 875
-
-
total
2 705
11 875
-
-
Dividends
18 932
83 125
-
-
withholding
3 787
16 625
-
-
total
3 787
16 625
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 430
28 500
30 972
30 972
After tax
68 570
66 500
64 028
64 028
Living cost
53 425
53 425
53 425
53 425
Free-cash
15 145
13 075
10 603
10 603

Estimated living cost  is ₽53425 per week

₽40645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35745
₽22750
₽28458
₽26334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 697
health

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

-
-
-
5 800
total
-
-
-
32 497
Employee
43 024
-
90 686
-
income
4 668
-
16 582
-
social contributions
4 311
-
4 314
-
total
8 979
-
20 896
-
Employer
43 024
-
90 686
-
social contributions
4 311
-
4 314
-
total
4 311
-
4 314
-
Corporate
47 665
95 000
-
-
income
16 684
33 250
-
-
total
16 684
33 250
-
-
Dividends
30 982
61 750
-
-
social contributions
4 647
4 955
-
-
total
4 647
4 955
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 621
38 205
25 210
32 497
After tax
60 379
56 795
69 790
62 503
Living cost
34 045
34 045
34 045
34 045
Free-cash
26 334
22 750
35 745
28 458

Estimated living cost  is ₽34045 per week

₽22425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25001
₽35118
₽33698
₽31521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 900
pensions
-
-
-
6 974
total
-
-
-
26 874
Employee
47 257
-
83 620
-
income
8 606
-
14 858
-
health
616
-
1 362
-
pensions
3 607
-
7 971
-
total
12 829
-
24 191
-
Employer
47 257
-
83 620
-
health
898
-
1 588
-
pensions
4 774
-
9 792
-
total
5 672
-
11 380
-
Corporate
42 070
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.

7 994
18 051
-
-
total
7 994
18 051
-
-
Dividends
34 077
76 949
-
-
withholding
2 556
7 403
-
-
total
2 556
7 403
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 051
25 454
35 571
26 874
After tax
65 949
69 546
59 429
68 126
Living cost
34 428
34 428
34 428
34 428
Free-cash
31 521
35 118
25 001
33 698

Estimated living cost  is ₽34428 per week

₽23617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26602
-₽14799
₽42706
₽4245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
23 224
pensions
-
-
-
3 929
total
-
-
-
29 800
Employee
35 384
-
81 249
-
income
4 854
-
15 646
-
pensions
3 984
-
7 204
-
health
4 051
-
9 303
-
total
12 889
-
32 153
-
Employer
35 384
-
81 249
-
unemployment
867
-
1 991
-
accident
591
-
1 357
-
pensions
5 753
-
10 403
-
total
7 211
-
13 751
-
Corporate
52 405
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.

47 165
85 500
-
-
total
47 165
85 500
-
-
Dividends
5 241
9 500
-
-
withholding
996
1 805
-
-
total
996
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 261
87 305
45 904
29 800
After tax
26 739
7 695
49 096
65 200
Living cost
22 494
22 494
22 494
22 494
Free-cash
4 245
-14 799
26 602
42 706

Estimated living cost  is ₽22494 per week

₽16508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47124
₽67281
₽41611
₽63531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 603
health insurance
-
-
-
7 030
work injury
-
-
-
475
pensions
-
-
-
17 480
unemployment
-
-
-
1 140
total
-
-
-
40 728
Employee

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

20 258
-
95 000
-
income
2 026
-
14 603
-
work injury
101
-
375
-
health insurance
1 499
-
5 547
-
pensions
3 728
-
13 791
-
unemployment
243
-
899
-
total
7 597
-
35 215
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 742
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
74 742
94 050
-
-
withholding
11 211
14 108
-
-
total
11 211
14 108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 808
15 058
35 215
40 728
After tax
76 192
79 942
59 785
54 272
Living cost
12 661
12 661
12 661
12 661
Free-cash
63 531
67 281
47 124
41 611

Estimated living cost  is ₽12661 per week

₽7844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6050
₽12677
₽10394
₽8412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
24 435
national
-
-
-
20 265
regional
-
-
-
1 909
municipal
-
-
-
635
total
-
-
-
47 244
Employee
79 031
-
95 000
-
social contributions
26 649
-
32 034
-
municipal
472
-
566
-
national
13 355
-
17 378
-
regional
1 193
-
1 610
-
total
41 669
-
51 588
-
Employer
79 031
-
95 000
-
total
-
-
-
-
Corporate
15 969
95 000
-
-
nationa
3 832
22 801
-
-
municipal
769
4 579
-
-
total
4 601
27 380
-
-
Dividends
11 368
67 620
-
-
withholding
2 956
17 581
-
-
total
2 956
17 581
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 226
44 961
51 588
47 244
After tax
45 774
50 039
43 412
47 756
Living cost
37 362
37 362
37 362
37 362
Free-cash
8 412
12 677
6 050
10 394

Estimated living cost  is ₽37362 per week

₽26245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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