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
₽17586
₽37825
₽30227
₽28709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
18 807
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.

-
-
-
1 034
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.

-
-
-
6 871
trade
-
-
-
7 598
total
-
-
-
34 310
Employee

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

38 468
-
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.

59
-
1 034
-
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.

1 075
-
18 807
-
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.

6 871
-
6 871
-
total
8 005
-
26 712
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 532
95 000
-
-
income
8 480
14 250
-
-
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.

466
784
-
-
chamber of commerce
235
290
-
-
trade
8 904
14 963
-
-
total
18 085
30 287
-
-
Dividends
38 448
64 713
-
-
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.

508
868
-
-
withholding
9 230
15 796
-
-
total
9 738
16 664
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 828
46 951
26 712
34 310
After tax
59 172
48 049
68 288
60 690
Living cost
30 463
30 463
30 463
30 463
Free-cash
28 709
17 586
37 825
30 227

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5869
₽5015
₽4269
₽4689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 766
national
-
-
-
15 133
pensions
-
-
-
11 400
total
-
-
-
37 320
Employee
82 797
-
82 127
-
municipal
10 227
-
10 133
-
pensions
3 312
-
3 285
-
national
15 847
-
15 703
-
total
29 386
-
29 121
-
Employer
82 797
-
82 127
-
pensions
6 624
-
6 570
-
social contributions
890
-
883
-
total
7 514
-
7 453
-
Corporate
-
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%.

-
19 000
-
-
total
-
19 000
-
-
Dividends
-
76 000
-
-
withholding
-
16 720
-
-
total
-
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 900
35 720
36 574
37 320
After tax
58 100
59 280
58 426
57 680
Living cost
53 411
53 411
53 411
53 411
Free-cash
4 689
5 869
5 015
4 269

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55076
₽32686
₽29853
₽46826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 680
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.

-
-
-
30 543
microenterprise
-
-
-
-
total
-
-
-
44 223
Employee
29 388
-
76 557
-
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.

3 233
-
8 421
-
income
5 231
-
14 526
-
total
8 464
-
22 947
-
Employer
29 388
-
76 557
-
social contributions

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

7 079
-
18 443
-
surtax
-
-
-
-
total
7 079
-
18 443
-
Corporate
58 533
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%.

11 707
19 000
-
-
total
11 707
19 000
-
-
Dividends

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

46 825
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
27 250
19 000
41 390
44 223
After tax
67 750
76 000
53 610
50 777
Living cost
20 924
20 924
20 924
20 924
Free-cash
46 826
55 076
32 686
29 853

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽773
-₽4873
₽11822
-₽4873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 530
health
-
-
-
11 732
pensions
-
-
-
11 784
total
-
-
-
41 046
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
57 741
52 095
57 741
41 046
After tax
37 259
42 905
37 259
53 954
Living cost
42 132
42 132
42 132
42 132
Free-cash
-4 873
773
-4 873
11 822

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10664
₽9525
₽7105
₽9739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
20 527
national
-
-
-
-
pensions
-
-
-
9 762
total
-
-
-
46 689
Employee
58 715
-
72 287
-
municipal
17 509
-
21 556
-
national
-
-
-
-
total
17 509
-
21 556
-
Employer
58 715
-
72 287
-
health
3 611
-
4 446
-
pensions
6 347
-
7 814
-
accident
117
-
145
-
unemployment
1 550
-
1 908
-
other
6 823
-
8 400
-
total
18 448
-
22 713
-
Corporate
17 837
95 000
-
-
income
3 924
20 900
-
-
total
3 924
20 900
-
-
Dividends
13 913
74 100
-
-
withholding
4 174
22 230
-
-
total
4 174
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
44 055
43 130
44 269
46 689
After tax
50 945
51 870
50 731
48 311
Living cost
41 206
41 206
41 206
41 206
Free-cash
9 739
10 664
9 525
7 105

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8052
₽28778
₽20842
₽22183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
18 807
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.

-
-
-
1 034
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.

-
-
-
6 871
trade
-
-
-
7 936
total
-
-
-
34 648
Employee

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

51 004
-
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.

240
-
1 034
-
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.

4 382
-
18 807
-
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.

6 871
-
6 871
-
total
11 493
-
26 712
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 996
95 000
-
-
income
6 600
14 250
-
-
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.

363
784
-
-
chamber of commerce
216
288
-
-
trade
7 237
15 628
-
-
total
14 416
30 950
-
-
Dividends
29 581
64 050
-
-
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.

386
859
-
-
withholding
7 012
15 629
-
-
total
7 398
16 488
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 307
47 438
26 712
34 648
After tax
61 693
47 562
68 288
60 352
Living cost
39 510
39 510
39 510
39 510
Free-cash
22 183
8 052
28 778
20 842

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36949
₽35435
₽35533
₽32779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 604
social contributions
-
-
-
14 820
health
-
-
-
2 422
total
-
-
-
26 846
Employee
77 337
77 337
86 245
-
social contributions
3 758
6 419
7 159
-
income
8 121
7 159
9 564
-
health
769
1 315
1 466
-
total
12 648
14 893
18 189
-
Employer
77 337
77 337
86 245
-
health
838
1 431
1 596
-
social contributions
3 758
6 419
7 159
-
total
4 596
7 850
8 755
-
Corporate
45 134
9 813
-
-
income
5 642
1 227
-
-
total
5 642
1 227
-
-
Dividends
39 493
8 586
-
-
withholding
6 714
1 460
-
-
total
6 714
1 460
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 600
25 430
26 944
26 846
After tax
65 400
69 570
68 056
68 154
Living cost
32 621
32 621
32 621
32 621
Free-cash
32 779
36 949
35 435
35 533

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35087
₽36617
₽47356
₽35471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 614
unemployment
-
-
-
1 425
health
-
-
-
6 650
pensions
-
-
-
9 500
total
-
-
-
29 189
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
79 498
-
unemployment
400
159
1 192
-
pensions
2 664
1 060
7 950
-
income
3 257
1 296
9 719
-
health
1 865
742
5 565
-
total
8 186
3 257
24 426
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
79 498
-
pensions
5 195
2 068
15 502
-
total
5 195
2 068
15 502
-
Corporate
63 164
82 330
-
-
income
5 685
7 410
-
-
total
5 685
7 410
-
-
Dividends
57 480
74 920
-
-
social contributions
11 087
14 488
-
-
withholding
10 921
14 235
-
-
total
22 008
28 723
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 074
41 458
39 928
29 189
After tax
53 926
53 542
55 072
65 811
Living cost
18 455
18 455
18 455
18 455
Free-cash
35 471
35 087
36 617
47 356

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51707
₽30465
₽26627
₽45459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 730
health
-
-
-
12 351
pensions
-
-
-
19 000
total
-
-
-
44 081
Employee
28 531
-
71 001
-
unemployment
456
-
1 136
-
pensions
571
-
1 420
-
income
3 212
-
13 688
-
total
4 239
-
16 244
-
Employer
28 531
-
71 001
-
health
3 708
-
9 230
-
pensions
5 707
-
14 200
-
unemployment
229
-
569
-
total
9 644
-
23 999
-
Corporate
56 824
95 000
-
-
income
11 366
19 000
-
-
total
11 366
19 000
-
-
Dividends
45 459
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
25 249
19 000
40 243
44 081
After tax
69 751
76 000
54 757
50 919
Living cost
24 292
24 292
24 292
24 292
Free-cash
45 459
51 707
30 465
26 627

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14705
₽26237
₽42847
₽4259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
257
income
-
-
-
22 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
29 753
Employee
35 237
-
80 467
-
pensions
3 968
-
7 768
-
income
4 834
-
14 847
-
health
4 035
-
9 214
-
total
12 837
-
31 829
-
Employer
35 237
-
80 467
-
pensions
5 730
-
11 218
-
accident
588
-
1 344
-
unemployment
863
-
1 972
-
total
7 181
-
14 534
-
Corporate
52 582
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.

47 324
85 500
-
-
total
47 324
85 500
-
-
Dividends
5 258
9 500
-
-
withholding
999
1 805
-
-
total
999
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 341
87 305
46 363
29 753
After tax
26 659
7 695
48 637
65 247
Living cost
22 400
22 400
22 400
22 400
Free-cash
4 259
-14 705
26 237
42 847

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82110
₽67860
₽85910
₽80584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
95 000
microenterprise

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

-
-
-
950
total
-
-
-
950
Employee
10 174
-
95 000
-
income
2 035
-
19 000
-
total
2 035
-
19 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

84 826
95 000
-
-
total
-
-
-
-
Dividends
84 826
95 000
-
-
withholding
4 241
4 750
-
-
total
4 241
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 276
4 750
19 000
950
After tax
88 724
90 250
76 000
94 050
Living cost
8 140
8 140
8 140
8 140
Free-cash
80 584
82 110
67 860
85 910

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42996
₽28883
₽24645
₽36203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 066
other
-
-
-
4 512
health
-
-
-
4 180
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.

-
-
-
22 798
total
-
-
-
43 556
Employee
36 518
-
75 878
-
unemployment
365
-
760
-
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.

2 556
-
5 312
-
income
6 287
-
13 061
-
health
512
-
1 063
-
total
9 720
-
20 196
-
Employer
36 518
-
75 878
-
health
512
-
1 063
-
pensions

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

6 209
-
12 900
-
accident
292
-
607
-
unemployment
365
-
760
-
other
1 827
-
3 792
-
total
9 205
-
19 122
-
Corporate
49 279
95 000
-
-
income
10 348
19 951
-
-
total
10 348
19 951
-
-
Dividends
38 931
75 049
-
-
withholding
2 725
5 254
-
-
total
2 725
5 254
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 998
25 205
39 318
43 556
After tax
63 002
69 795
55 682
51 444
Living cost
26 799
26 799
26 799
26 799
Free-cash
36 203
42 996
28 883
24 645

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4072
-₽7195
₽2525
-₽12562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 736
pensions
-
-
-
6 880
total
-
-
-
25 616
Employee
94 595
-
83 739
-
pensions
9 126
-
7 822
-
income
17 052
-
14 916
-
health
1 559
-
1 336
-
total
27 737
-
24 074
-
Employer
94 595
-
83 739
-
health
1 797
-
1 592
-
pensions
11 169
-
9 670
-
total
12 966
-
11 262
-
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.

-
18 049
-
-
total
-
18 049
-
-
Dividends
-
76 951
-
-
withholding
-
6 020
-
-
total
-
6 020
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 703
24 069
35 336
25 616
After tax
54 297
70 931
59 664
69 384
Living cost
66 859
66 859
66 859
66 859
Free-cash
-12 562
4 072
-7 195
2 525

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68020
₽60990
₽58152
₽63341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 250
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
23 643
Employee
17 485
-
88 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
8 809
-
health
804
-
1 618
-
total
4 280
-
13 903
-
Employer
17 485
-
88 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
74 084
95 000
-
-
income
7 408
9 500
-
-
total
7 408
9 500
-
-
Dividends
66 676
85 500
-
-
withholding
3 334
4 275
-
-
total
3 334
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 454
13 775
20 805
23 643
After tax
76 546
81 225
74 195
71 357
Living cost
13 205
13 205
13 205
13 205
Free-cash
63 341
68 020
60 990
58 152

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12865
-₽18511
-₽1816
-₽14571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 530
health
-
-
-
11 732
pensions
-
-
-
11 784
total
-
-
-
41 046
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
53 801
52 095
57 741
41 046
After tax
41 199
42 905
37 259
53 954
Living cost
55 770
55 770
55 770
55 770
Free-cash
-14 571
-12 865
-18 511
-1 816

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40415
₽23216
₽21277
₽31497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 165
social contributions
-
-
-
27 740
solidarity contribution
-
-
-
-
health
-
-
-
12 825
total
-
-
-
48 730
Employee
36 754
-
70 895
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 608
-
income
4 411
-
8 507
-
health
4 962
-
9 571
-
total
11 762
-
22 686
-
Employer
36 754
-
70 895
-
health
3 308
-
6 381
-
social contributions
9 189
-
17 724
-
total
12 497
-
24 105
-
Corporate
45 749
95 000
-
-
income
8 692
18 050
-
-
total
8 692
18 050
-
-
Dividends
37 057
76 950
-
-
withholding
5 559
11 542
-
-
total
5 559
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 510
29 592
46 791
48 730
After tax
56 490
65 408
48 209
46 270
Living cost
24 993
24 993
24 993
24 993
Free-cash
31 497
40 415
23 216
21 277

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8247
₽2211
₽6732
₽2996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 434
regional
-
-
-
1 038
municipal
-
-
-
565
national
-
-
-
19 792
total
-
-
-
45 829
Employee
89 385
-
95 000
-
municipal
473
-
504
-
national
15 488
-
16 904
-
regional
843
-
908
-
social contributions
30 141
-
32 034
-
total
46 945
-
50 350
-
Employer
89 385
-
95 000
-
total
-
-
-
-
Corporate
5 615
95 000
-
-
municipal
219
3 705
-
-
nationa
1 347
22 800
-
-
total
1 566
26 505
-
-
Dividends
4 048
68 495
-
-
withholding
1 054
17 809
-
-
total
1 054
17 809
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 565
44 314
50 350
45 829
After tax
45 435
50 686
44 650
49 171
Living cost
42 439
42 439
42 439
42 439
Free-cash
2 996
8 247
2 211
6 732

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37563
₽25423
₽27254
₽34430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 523
other
-
-
-
-
surtax
-
-
-
2 056
unemployment
-
-
-
229
health
-
-
-
6 745
pensions
-
-
-
19 000
total
-
-
-
45 553
Employee
33 259
-
78 481
-
other
-
-
-
-
unemployment
2 315
-
5 462
-
pensions
2 218
-
5 235
-
surtax
109
-
1 844
-
income
5 575
-
16 324
-
health
849
-
2 000
-
total
11 066
-
30 865
-
Employer
33 259
-
78 481
-
health
1 514
-
3 571
-
pensions
4 434
-
10 461
-
unemployment
1 054
-
2 487
-
other
-
-
-
-
total
7 002
-
16 519
-
Corporate
54 740
95 000
-
-
income
14 232
24 699
-
-
total
14 232
24 699
-
-
Dividends
40 507
70 301
-
-
withholding
6 077
10 545
-
-
total
6 077
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 377
35 244
47 384
45 553
After tax
56 623
59 756
47 616
49 447
Living cost
22 193
22 193
22 193
22 193
Free-cash
34 430
37 563
25 423
27 254

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25255
₽13988
₽23708
₽17637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 736
pensions
-
-
-
6 880
total
-
-
-
25 616
Employee
63 395
-
83 739
-
pensions
5 381
-
7 822
-
income
11 418
-
14 916
-
health
920
-
1 336
-
total
17 719
-
24 074
-
Employer
63 395
-
83 739
-
health
1 204
-
1 592
-
pensions
6 863
-
9 670
-
total
8 067
-
11 262
-
Corporate
23 538
95 000
-
-
income

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

4 472
18 049
-
-
total
4 472
18 049
-
-
Dividends
19 066
76 951
-
-
withholding
1 429
6 020
-
-
total
1 429
6 020
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 687
24 069
35 336
25 616
After tax
63 313
70 931
59 664
69 384
Living cost
45 676
45 676
45 676
45 676
Free-cash
17 637
25 255
13 988
23 708

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36305
-₽5009
-₽135
-₽7213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 901
regional
-
-
-
3 048
health
-
-
-
260
city
-
-
-
1 002
national
-
-
-
440
pensions
-
-
-
8 739
total
-
-
-
15 390
Employee
93 322
-
85 030
-
unemployment
-
-
-
-
pensions
7 840
-
7 144
-
national
442
-
376
-
regional
3 056
-
2 607
-
city
1 002
-
913
-
health
211
-
190
-
total
12 551
-
11 230
-
Employer
93 322
-
85 030
-
health
211
-
190
-
pensions
7 840
-
7 144
-
unemployment
-
-
-
-
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.

1 866
-
1 700
-
total
9 917
-
9 034
-
Corporate
-
95 000
-
-
regional
-
20 092
-
-
national
-
8 076
-
-
total
-
28 168
-
-
Dividends
-
66 832
-
-
withholding
-
23 392
-
-
total
-
23 392
-
-
Income
95 000
95 000
95 000
95 000
Total tax
22 468
51 560
20 264
15 390
After tax
72 532
43 440
74 736
79 610
Living cost
79 745
79 745
79 745
79 745
Free-cash
-7 213
-36 305
-5 009
-135

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽998
₽22214
₽13940
₽17311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
18 807
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.

-
-
-
1 034
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.

-
-
-
6 871
trade
-
-
-
8 274
total
-
-
-
34 986
Employee

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

60 444
-
95 000
-
surtax

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

391
-
1 034
-
income

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

7 108
-
18 807
-
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.

6 871
-
6 871
-
total
14 370
-
26 712
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 556
95 000
-
-
income
5 184
14 250
-
-
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.

284
784
-
-
chamber of commerce
200
286
-
-
trade
5 926
16 292
-
-
total
11 594
31 612
-
-
Dividends
22 962
63 388
-
-
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.

294
851
-
-
withholding
5 357
15 465
-
-
total
5 651
16 316
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 615
47 928
26 712
34 986
After tax
63 385
47 072
68 288
60 014
Living cost
46 074
46 074
46 074
46 074
Free-cash
17 311
998
22 214
13 940

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13470
₽19800
₽20455
₽19408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 258
other
-
-
-
2 947
surtax
-
-
-
-
social contributions
-
-
-
2 708
health
-
-
-
1 452
pensions
-
-
-
24 770
total
-
-
-
40 135
Employee
43 044
-
72 391
-
pensions
4 867
-
8 188
-
surtax
-
-
-
-
social contributions
1 227
-
2 061
-
income
2 540
-
7 932
-
total
8 634
-
18 181
-
Employer
43 044
-
72 391
-
health
3 014
-
5 067
-
pensions
7 071
-
11 894
-
unemployment
1 743
-
2 932
-
social contributions
130
-
218
-
other
1 485
-
2 498
-
total
13 443
-
22 609
-
Corporate
38 513
95 000
-
-
income
10 784
26 600
-
-
surtax
-
-
-
-
total
10 784
26 600
-
-
Dividends
27 730
68 400
-
-
surtax
-
-
-
-
social contributions
4 771
11 765
-
-
withholding
3 550
8 755
-
-
total
8 321
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 182
47 120
40 790
40 135
After tax
53 818
47 880
54 210
54 865
Living cost
34 410
34 410
34 410
34 410
Free-cash
19 408
13 470
19 800
20 455

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16879
₽23209
₽23864
₽22467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 258
other
-
-
-
2 947
surtax
-
-
-
-
social contributions
-
-
-
2 708
health
-
-
-
1 452
pensions
-
-
-
24 770
total
-
-
-
40 135
Employee
38 423
-
72 391
-
pensions
4 346
-
8 188
-
surtax
-
-
-
-
social contributions
1 096
-
2 061
-
income
1 981
-
7 932
-
total
7 423
-
18 181
-
Employer
38 423
-
72 391
-
health
2 689
-
5 067
-
pensions
6 314
-
11 894
-
unemployment
1 556
-
2 932
-
social contributions
115
-
218
-
other
1 326
-
2 498
-
total
12 000
-
22 609
-
Corporate
44 577
95 000
-
-
income
12 482
26 600
-
-
surtax
-
-
-
-
total
12 482
26 600
-
-
Dividends
32 095
68 400
-
-
surtax
-
-
-
-
social contributions
5 520
11 765
-
-
withholding
4 107
8 755
-
-
total
9 627
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 532
47 120
40 790
40 135
After tax
53 468
47 880
54 210
54 865
Living cost
31 001
31 001
31 001
31 001
Free-cash
22 467
16 879
23 209
23 864

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36631
₽40138
₽39683
₽37153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 250
social contributions
-
-
-
13 110
health
-
-
-
6 630
total
-
-
-
33 990
Employee
34 101
-
95 000
-
social contributions
4 707
-
13 110
-
income
5 688
-
13 795
-
health
2 380
-
6 630
-
total
12 775
-
33 535
-
Employer
34 101
-
95 000
-
total
-
-
-
-
Corporate
60 899
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%.

3 044
4 750
-
-
total
3 044
4 750
-
-
Dividends
57 855
90 250
-
-
social contributions
7 984
12 454
-
-
withholding
8 678
13 538
-
-
health
4 039
6 300
-
-
total
20 701
32 292
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 520
37 042
33 535
33 990
After tax
58 480
57 958
61 465
61 010
Living cost
21 327
21 327
21 327
21 327
Free-cash
37 153
36 631
40 138
39 683

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17911
-₽5902
₽13121
₽16354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 851
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
380
health
-
-
-
7 268
pensions
-
-
-
17 574
total
-
-
-
46 440
Employee
50 263
40 080
73 616
-
other
502
401
737
-
unemployment
1 508
1 202
2 208
-
pensions
5 147
4 103
7 539
-
income
5 722
2 956
13 295
-
health
1 945
1 552
2 850
-
total
14 824
10 214
26 629
-
Employer
50 263
40 080
73 616
-
chamber of commerce
200
160
294
-
health
1 899
1 515
2 783
-
pensions
6 308
5 031
9 240
-
accident
653
521
956
-
unemployment
1 508
1 202
2 208
-
surtax
198
198
198
-
payroll
1 508
1 202
2 208
-
other
2 388
1 903
3 497
-
total
14 662
11 732
21 384
-
Corporate
30 075
43 185
69 799
-
income

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

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

7 518
10 797
17 450
-
total
7 518
10 797
17 450
-
Dividends
22 558
32 389
-
-
withholding
6 203
8 907
-
-
total
6 203
8 907
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 207
41 650
65 463
46 440
After tax
51 793
53 350
29 537
48 560
Living cost
35 439
35 439
35 439
35 439
Free-cash
16 354
17 911
-5 902
13 121

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16630
₽697
₽8629
₽1545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 829
social contributions
-
-
-
14 519
national
-
-
-
30 352
total
-
-
-
49 700
Employee

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

71 942
-
73 578
-
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.

626
-
639
-
communal

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

3 752
-
3 838
-
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.

5 396
-
5 518
-
national
22 118
-
22 757
-
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.

3 380
-
3 458
-
total
35 272
-
36 210
-
Employer

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

71 942
-
73 578
-
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.

4 424
-
4 525
-
pensions

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

6 375
-
6 520
-
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.

935
-
958
-
unemployment

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

1 050
-
1 075
-
surtax
8 157
-
8 344
-
total
20 941
-
21 422
-
Corporate
2 117
95 000
-
-
income
424
19 000
-
-
surtax
8
380
-
-
total
432
19 380
-
-
Dividends
1 686
75 620
-
-
withholding

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

139
22 319
-
-
total
139
22 319
-
-
Income
95 000
95 000
95 000
95 000
Total tax
56 784
41 699
57 632
49 700
After tax
38 216
53 301
37 368
45 300
Living cost
36 671
36 671
36 671
36 671
Free-cash
1 545
16 630
697
8 629

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27699
₽14383
₽14100
₽19688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
840
income
-
-
-
16 610
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
44 578
Employee
50 064
-
72 036
-
other
50
-
73
-
unemployment
777
-
1 117
-
pensions
2 353
-
3 386
-
income
10 563
-
16 757
-
total
13 743
-
21 333
-
Employer
50 064
-
72 036
-
pensions
11 814
-
17 000
-
accident
991
-
1 426
-
unemployment
2 754
-
3 962
-
other
399
-
574
-
total
15 958
-
22 962
-
Corporate
28 979
95 000
-
-
income

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

4 346
14 250
-
-
total
4 346
14 250
-
-
Dividends
24 633
80 750
-
-
withholding
4 943
16 729
-
-
total
4 943
16 729
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 990
30 979
44 295
44 578
After tax
56 010
64 021
50 705
50 422
Living cost
36 322
36 322
36 322
36 322
Free-cash
19 688
27 699
14 383
14 100

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3652
₽4814
₽389
-₽2920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
6 004
accident
-
-
-
802
income
-
-
-
7 525
surtax
-
-
-
4 710
health
-
-
-
6 674
pensions
-
-
-
14 240
total
-
-
-
39 955
Employee
76 164
-
84 860
-
pensions
6 092
-
6 789
-
surtax
4 668
-
5 201
-
income
7 357
-
9 625
-
health
3 390
-
3 775
-
total
21 507
-
25 390
-
Employer
76 164
-
84 860
-
health
2 323
-
2 588
-
pensions
6 092
-
6 789
-
accident
685
-
763
-
total
9 100
-
10 140
-
Corporate
9 735
95 000
-
-
communal
-
6 413
-
-
income
1 460
14 250
-
-
surtax
103
998
-
-
total
1 563
21 661
-
-
Dividends
8 172
73 339
-
-
income
9 869
4 030
-
-
withholding
1 225
11 001
-
-
total
11 094
15 031
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 264
36 692
35 530
39 955
After tax
51 736
58 308
59 470
55 045
Living cost
54 656
54 656
54 656
54 656
Free-cash
-2 920
3 652
4 814
389

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37166
₽25026
₽26857
₽33964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 523
other
-
-
-
-
surtax
-
-
-
2 056
unemployment
-
-
-
229
health
-
-
-
6 745
pensions
-
-
-
19 000
total
-
-
-
45 553
Employee
33 870
-
78 481
-
other
-
-
-
-
unemployment
2 357
-
5 462
-
pensions
2 260
-
5 235
-
surtax
120
-
1 844
-
income
5 678
-
16 324
-
health
865
-
2 000
-
total
11 280
-
30 865
-
Employer
33 870
-
78 481
-
health
1 540
-
3 571
-
pensions
4 516
-
10 461
-
unemployment
1 075
-
2 487
-
other
-
-
-
-
total
7 131
-
16 519
-
Corporate
53 999
95 000
-
-
income
14 040
24 699
-
-
total
14 040
24 699
-
-
Dividends
39 960
70 301
-
-
withholding
5 995
10 545
-
-
total
5 995
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 446
35 244
47 384
45 553
After tax
56 554
59 756
47 616
49 447
Living cost
22 590
22 590
22 590
22 590
Free-cash
33 964
37 166
25 026
26 857

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22841
₽17187
₽21684
₽20607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 434
regional
-
-
-
1 432
municipal
-
-
-
565
national
-
-
-
19 792
total
-
-
-
46 223
Employee
55 790
-
95 000
-
municipal
296
-
504
-
national
8 839
-
16 904
-
regional
751
-
1 278
-
social contributions
18 813
-
32 034
-
total
28 699
-
50 720
-
Employer
55 790
-
95 000
-
total
-
-
-
-
Corporate
39 210
95 000
-
-
municipal
1 949
4 722
-
-
nationa
9 411
22 800
-
-
total
11 360
27 522
-
-
Dividends
27 850
67 478
-
-
withholding
7 241
17 544
-
-
total
7 241
17 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 300
45 066
50 720
46 223
After tax
47 700
49 934
44 280
48 777
Living cost
27 093
27 093
27 093
27 093
Free-cash
20 607
22 841
17 187
21 684

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34610
₽17411
₽15472
₽23622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 165
social contributions
-
-
-
27 740
solidarity contribution
-
-
-
-
health
-
-
-
12 825
total
-
-
-
48 730
Employee
45 291
-
70 895
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 608
-
income
5 435
-
8 507
-
health
6 114
-
9 571
-
total
14 493
-
22 686
-
Employer
45 291
-
70 895
-
health
4 076
-
6 381
-
social contributions
11 323
-
17 724
-
total
15 399
-
24 105
-
Corporate
34 310
95 000
-
-
income
6 519
18 050
-
-
total
6 519
18 050
-
-
Dividends
27 791
76 950
-
-
withholding
4 169
11 542
-
-
total
4 169
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 580
29 592
46 791
48 730
After tax
54 420
65 408
48 209
46 270
Living cost
30 798
30 798
30 798
30 798
Free-cash
23 622
34 610
17 411
15 472

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21371
-₽2509
₽16671
₽20870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 851
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
380
health
-
-
-
7 268
pensions
-
-
-
17 574
total
-
-
-
46 242
Employee
43 964
40 080
73 767
-
other
439
401
737
-
unemployment
1 319
1 202
2 212
-
pensions
4 502
4 103
7 554
-
income
3 916
2 956
13 347
-
health
1 701
1 552
2 855
-
total
11 877
10 214
26 705
-
Employer
43 964
40 080
73 767
-
chamber of commerce
176
160
296
-
health
1 662
1 515
2 788
-
pensions
5 518
5 031
9 259
-
accident
571
521
958
-
unemployment
1 319
1 202
2 212
-
surtax
-
-
-
-
payroll
1 319
1 202
2 212
-
other
2 088
1 903
3 504
-
total
12 653
11 534
21 229
-
Corporate
38 384
43 384
69 954
-
income

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

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

9 596
10 847
17 488
-
total
9 596
10 847
17 488
-
Dividends
28 787
32 537
-
-
withholding
7 917
8 947
-
-
total
7 917
8 947
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 043
41 542
65 422
46 242
After tax
52 957
53 458
29 578
48 758
Living cost
32 087
32 087
32 087
32 087
Free-cash
20 870
21 371
-2 509
16 671

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77566
₽63316
₽81366
₽75188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
95 000
-
income
3 171
-
19 000
-
total
3 171
-
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%.

79 145
95 000
-
-
total
-
-
-
-
Dividends
79 145
95 000
-
-
withholding
3 957
4 750
-
-
total
3 957
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 128
4 750
19 000
950
After tax
87 872
90 250
76 000
94 050
Living cost
12 684
12 684
12 684
12 684
Free-cash
75 188
77 566
63 316
81 366

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38431
₽19695
₽22419
₽30019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 765
unemployment
-
-
-
143
health
-
-
-
9 348
pensions
-
-
-
17 349
total
-
-
-
45 605
Employee

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

44 474
-
82 201
-
unemployment
63
-
115
-
pensions
6 894
-
12 742
-
income
7 670
-
17 362
-
health
2 872
-
5 310
-
total
17 499
-
35 529
-
Employer

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

44 474
-
82 201
-
health
2 962
-
5 474
-
pensions
3 936
-
7 276
-
unemployment
27
-
50
-
total
6 925
-
12 800
-
Corporate
43 601
95 000
-
-
income
8 283
18 050
-
-
total
8 283
18 050
-
-
Dividends
35 318
76 950
-
-
withholding
5 298
11 543
-
-
total
5 298
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 005
29 593
48 329
45 605
After tax
56 995
65 407
46 671
49 395
Living cost
26 976
26 976
26 976
26 976
Free-cash
30 019
38 431
19 695
22 419

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13795
₽37581
₽21650
-₽57057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 517
social contributions
-
-
-
10 830
total
-
-
-
29 347
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
37 202
13 416
29 347
After tax
-13 054
57 798
81 584
65 653
Living cost
44 003
44 003
44 003
44 003
Free-cash
-57 057
13 795
37 581
21 650

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22488
₽17238
₽21816
₽21477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 624
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
total
-
-
-
41 637
Employee
46 257
-
76 767
-
surtax
-
-
-
-
social contributions
5 088
-
8 444
-
income
9 622
-
19 538
-
total
14 710
-
27 982
-
Employer
46 257
-
76 767
-
social contributions
10 986
-
18 233
-
total
10 986
-
18 233
-
Corporate
37 758
95 000
-
-
income
7 928
19 951
-
-
surtax
-
-
-
-
total
7 928
19 951
-
-
Dividends
29 829
75 049
-
-
withholding
8 352
21 014
-
-
total
8 352
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 976
40 965
46 215
41 637
After tax
53 024
54 035
48 785
53 363
Living cost
31 547
31 547
31 547
31 547
Free-cash
21 477
22 488
17 238
21 816

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽696
₽5634
₽6289
₽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
income
-
-
-
8 258
other
-
-
-
2 947
surtax
-
-
-
-
social contributions
-
-
-
2 708
health
-
-
-
1 452
pensions
-
-
-
24 770
total
-
-
-
40 135
Employee
62 992
-
72 391
-
pensions
7 125
-
8 188
-
surtax
-
-
-
-
social contributions
1 794
-
2 061
-
income
5 496
-
7 932
-
total
14 415
-
18 181
-
Employer
62 992
-
72 391
-
health
4 409
-
5 067
-
pensions
10 350
-
11 894
-
unemployment
2 552
-
2 932
-
social contributions
189
-
218
-
other
2 174
-
2 498
-
total
19 674
-
22 609
-
Corporate
12 334
95 000
-
-
income
3 455
26 600
-
-
surtax
-
-
-
-
total
3 455
26 600
-
-
Dividends
8 880
68 400
-
-
surtax
-
-
-
-
social contributions
1 527
11 765
-
-
withholding
1 138
8 755
-
-
total
2 665
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 209
47 120
40 790
40 135
After tax
54 791
47 880
54 210
54 865
Living cost
48 576
48 576
48 576
48 576
Free-cash
6 215
-696
5 634
6 289

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55269
₽45091
₽42455
₽51889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 414
social contributions
-
-
-
20 899
total
-
-
-
22 313
Employee
32 334
-
82 251
-
income
-
-
1 582
-
social contributions
2 101
-
5 346
-
total
2 101
-
6 928
-
Employer
32 334
-
82 251
-
social contributions
5 012
-
12 749
-
total
5 012
-
12 749
-
Corporate
57 654
95 000
-
-
income
5 766
9 499
-
-
total
5 766
9 499
-
-
Dividends
51 888
85 501
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 879
9 499
19 677
22 313
After tax
82 121
85 501
75 323
72 687
Living cost
30 232
30 232
30 232
30 232
Free-cash
51 889
55 269
45 091
42 455

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽124026
-₽124026
₽10842
-₽124026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 530
municipal
-
-
-
17 352
national
-
-
-
9 991
pensions
-
-
-
871
total
-
-
-
35 744
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
170 612
170 612
170 612
35 744
After tax
-75 612
-75 612
-75 612
59 256
Living cost
48 414
48 414
48 414
48 414
Free-cash
-124 026
-124 026
-124 026
10 842

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14375
₽26567
₽43177
₽4309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
257
income
-
-
-
22 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
29 753
Employee
34 717
-
80 467
-
pensions
3 909
-
7 768
-
income
4 763
-
14 847
-
health
3 975
-
9 214
-
total
12 647
-
31 829
-
Employer
34 717
-
80 467
-
pensions
5 645
-
11 218
-
accident
580
-
1 344
-
unemployment
851
-
1 972
-
total
7 076
-
14 534
-
Corporate
53 207
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.

47 887
85 500
-
-
total
47 887
85 500
-
-
Dividends
5 321
9 500
-
-
withholding
1 011
1 805
-
-
total
1 011
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 621
87 305
46 363
29 753
After tax
26 379
7 695
48 637
65 247
Living cost
22 070
22 070
22 070
22 070
Free-cash
4 309
-14 375
26 567
43 177

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24977
₽16025
₽29471
₽22215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 044
municipal
-
-
-
16 912
national
-
-
-
8 960
total
-
-
-
26 916
Employee
52 914
-
79 920
-
municipal
8 667
-
13 053
-
unemployment
794
-
1 199
-
pensions
3 571
-
5 394
-
national
874
-
4 825
-
health
395
-
811
-
total
14 301
-
25 282
-
Employer
52 914
-
79 920
-
health
407
-
615
-
pensions
9 180
-
13 866
-
accident
53
-
80
-
unemployment
344
-
519
-
total
9 984
-
15 080
-
Corporate
32 102
95 000
-
-
income
6 421
19 000
-
-
total
6 421
19 000
-
-
Dividends

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

19 261
57 000
-
-
municipal
3 466
10 261
-
-
national
-
2 149
-
-
total
3 466
12 410
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 172
31 410
40 362
26 916
After tax
60 828
63 590
54 638
68 084
Living cost
38 613
38 613
38 613
38 613
Free-cash
22 215
24 977
16 025
29 471

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46284
₽44770
₽44868
₽40811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 604
social contributions
-
-
-
14 820
health
-
-
-
2 422
total
-
-
-
26 846
Employee
77 337
77 337
86 245
-
social contributions
2 924
6 419
7 159
-
income
8 421
7 159
9 564
-
health
599
1 315
1 466
-
total
11 944
14 893
18 189
-
Employer
77 337
77 337
86 245
-
health
651
1 431
1 596
-
social contributions
2 924
6 419
7 159
-
total
3 575
7 850
8 755
-
Corporate
56 195
9 813
-
-
income
7 024
1 227
-
-
total
7 024
1 227
-
-
Dividends
49 172
8 586
-
-
withholding
8 360
1 460
-
-
total
8 360
1 460
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 903
25 430
26 944
26 846
After tax
64 097
69 570
68 056
68 154
Living cost
23 286
23 286
23 286
23 286
Free-cash
40 811
46 284
44 770
44 868

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62700
₽42646
₽59977
₽57586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 988
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
19 055
Employee

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

23 085
-
86 129
-
unemployment
115
-
431
-
pensions
3 462
-
12 919
-
income
1 578
-
6 844
-
health
1 962
-
7 321
-
total
7 117
-
27 515
-
Employer

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

23 085
-
86 129
-
health
992
-
3 703
-
pensions
1 269
-
4 737
-
unemployment
115
-
431
-
total
2 376
-
8 871
-
Corporate
69 538
95 000
-
-
income
6 258
8 551
-
-
total
6 258
8 551
-
-
Dividends
63 280
86 449
-
-
withholding
5 695
7 781
-
-
total
5 695
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 446
16 332
36 386
19 055
After tax
73 554
78 668
58 614
75 945
Living cost
15 968
15 968
15 968
15 968
Free-cash
57 586
62 700
42 646
59 977

Estimated living cost  is ₽15968 per week

₽10188
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36364
₽23048
₽22765
₽31088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
840
income
-
-
-
16 610
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
44 578
Employee
37 188
-
72 036
-
other
36
-
73
-
unemployment
576
-
1 117
-
pensions
1 748
-
3 386
-
income
7 170
-
16 757
-
total
9 530
-
21 333
-
Employer
37 188
-
72 036
-
pensions
8 776
-
17 000
-
accident
737
-
1 426
-
unemployment
2 046
-
3 962
-
other
298
-
574
-
total
11 857
-
22 962
-
Corporate
45 955
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.

6 894
14 250
-
-
total
6 894
14 250
-
-
Dividends
39 062
80 750
-
-
withholding
7 974
16 729
-
-
total
7 974
16 729
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 255
30 979
44 295
44 578
After tax
58 745
64 021
50 705
50 422
Living cost
27 657
27 657
27 657
27 657
Free-cash
31 088
36 364
23 048
22 765

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57321
₽58501
₽58640
₽57000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 936
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
34 401
Employee
2 983
-
93 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
31 861
-
health
149
-
357
-
total
1 024
-
32 932
-
Employer
2 983
-
93 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
91 346
95 000
-
-
income
20 096
20 900
-
-
total
20 096
20 900
-
-
Dividends
71 250
74 100
-
-
withholding
14 250
14 820
-
-
total
14 250
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 041
35 720
34 540
34 401
After tax
58 959
59 280
60 460
60 599
Living cost
1 959
1 959
1 959
1 959
Free-cash
57 000
57 321
58 501
58 640

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51245
₽32192
₽32191
₽46295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 320
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
45 416
Employee

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

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

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

26 227
-
81 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
17 320
-
health
1 351
-
3 828
-
total
8 835
-
32 111
-
Employer

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

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

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

26 227
-
81 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
64 078
95 000
-
-
income
9 612
14 250
-
-
total
9 612
14 250
-
-
Dividends
54 466
80 750
-
-
withholding
8 170
12 112
-
-
total
8 170
12 112
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 312
26 362
45 415
45 416
After tax
63 688
68 638
49 585
49 584
Living cost
17 393
17 393
17 393
17 393
Free-cash
46 295
51 245
32 192
32 191

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26921
₽21671
₽26249
₽26560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 624
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
total
-
-
-
41 637
Employee
39 035
-
76 767
-
surtax
-
-
-
-
social contributions
4 294
-
8 444
-
income
7 627
-
19 538
-
total
11 921
-
27 982
-
Employer
39 035
-
76 767
-
social contributions
9 270
-
18 233
-
total
9 270
-
18 233
-
Corporate
46 695
95 000
-
-
income
9 806
19 951
-
-
surtax
-
-
-
-
total
9 806
19 951
-
-
Dividends
36 888
75 049
-
-
withholding
10 329
21 014
-
-
total
10 329
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 326
40 965
46 215
41 637
After tax
53 674
54 035
48 785
53 363
Living cost
27 114
27 114
27 114
27 114
Free-cash
26 560
26 921
21 671
26 249

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28675
₽15359
₽15076
₽21004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
840
income
-
-
-
16 610
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
44 578
Employee
48 573
-
72 036
-
other
48
-
73
-
unemployment
752
-
1 117
-
pensions
2 283
-
3 386
-
income
10 145
-
16 757
-
total
13 228
-
21 333
-
Employer
48 573
-
72 036
-
pensions
11 463
-
17 000
-
accident
962
-
1 426
-
unemployment
2 672
-
3 962
-
other
389
-
574
-
total
15 486
-
22 962
-
Corporate
30 941
95 000
-
-
income

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

4 642
14 250
-
-
total
4 642
14 250
-
-
Dividends
26 299
80 750
-
-
withholding
5 294
16 729
-
-
total
5 294
16 729
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 650
30 979
44 295
44 578
After tax
56 350
64 021
50 705
50 422
Living cost
35 346
35 346
35 346
35 346
Free-cash
21 004
28 675
15 359
15 076

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63900
₽56870
₽54032
₽57764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 250
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
23 643
Employee
22 941
-
88 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
8 809
-
health
1 055
-
1 618
-
total
5 615
-
13 903
-
Employer
22 941
-
88 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
67 558
95 000
-
-
income
6 755
9 500
-
-
total
6 755
9 500
-
-
Dividends
60 803
85 500
-
-
withholding
3 040
4 275
-
-
total
3 040
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 911
13 775
20 805
23 643
After tax
75 089
81 225
74 195
71 357
Living cost
17 325
17 325
17 325
17 325
Free-cash
57 764
63 900
56 870
54 032

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10197
₽29459
₽22537
₽23356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
18 807
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.

-
-
-
1 034
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.

-
-
-
6 871
trade
-
-
-
6 922
total
-
-
-
33 634
Employee

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

50 042
-
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.

227
-
1 034
-
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.

4 115
-
18 807
-
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.

6 871
-
6 871
-
total
11 213
-
26 712
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 958
95 000
-
-
income
6 743
14 250
-
-
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.

370
784
-
-
chamber of commerce
219
292
-
-
trade
6 451
13 633
-
-
total
13 783
28 959
-
-
Dividends
31 174
66 041
-
-
surtax

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

408
887
-
-
withholding
7 411
16 128
-
-
total
7 819
17 015
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 815
45 974
26 712
33 634
After tax
62 185
49 026
68 288
61 366
Living cost
38 829
38 829
38 829
38 829
Free-cash
23 356
10 197
29 459
22 537

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9207
₽8000
₽8000
₽11430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 376
social contributions
-
-
-
8 332
total
-
-
-
29 708
Employee
78 672
-
95 000
-
income
14 845
-
21 376
-
social contributions
6 536
-
8 332
-
total
21 381
-
29 708
-
Employer
78 672
-
95 000
-
total
-
-
-
-
Corporate
16 328
95 000
-
-
income
2 040
11 875
-
-
total
2 040
11 875
-
-
Dividends
14 288
83 125
-
-
withholding
2 857
16 626
-
-
total
2 857
16 626
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 278
28 501
29 708
29 708
After tax
68 722
66 499
65 292
65 292
Living cost
57 292
57 292
57 292
57 292
Free-cash
11 430
9 207
8 000
8 000

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19927
₽33174
₽23785
₽24442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
90 374
-
income
5 006
-
16 065
-
social contributions
4 623
-
4 626
-
total
9 629
-
20 691
-
Employer
46 138
-
90 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
44 240
95 000
-
-
income
15 484
33 250
-
-
total
15 484
33 250
-
-
Dividends
28 755
61 750
-
-
social contributions
4 313
5 314
-
-
total
4 313
5 314
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 049
38 564
25 317
34 706
After tax
60 951
56 436
69 683
60 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
24 442
19 927
33 174
23 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33798
₽22531
₽32251
₽28404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 736
pensions
-
-
-
6 880
total
-
-
-
25 616
Employee
50 971
-
83 739
-
pensions
3 890
-
7 822
-
income
9 282
-
14 916
-
health
665
-
1 336
-
total
13 837
-
24 074
-
Employer
50 971
-
83 739
-
health
969
-
1 592
-
pensions
5 150
-
9 670
-
total
6 119
-
11 262
-
Corporate
37 911
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.

7 204
18 049
-
-
total
7 204
18 049
-
-
Dividends
30 707
76 951
-
-
withholding
2 303
6 020
-
-
total
2 303
6 020
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 463
24 069
35 336
25 616
After tax
65 537
70 931
59 664
69 384
Living cost
37 133
37 133
37 133
37 133
Free-cash
28 404
33 798
22 531
32 251

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽16560
₽24382
₽40992
₽3975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
257
income
-
-
-
22 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
29 753
Employee
38 154
-
80 467
-
pensions
4 296
-
7 768
-
income
5 234
-
14 847
-
health
4 368
-
9 214
-
total
13 898
-
31 829
-
Employer
38 154
-
80 467
-
pensions
6 204
-
11 218
-
accident
637
-
1 344
-
unemployment
935
-
1 972
-
total
7 776
-
14 534
-
Corporate
49 071
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.

44 164
85 500
-
-
total
44 164
85 500
-
-
Dividends
4 907
9 500
-
-
withholding
932
1 805
-
-
total
932
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
66 770
87 305
46 363
29 753
After tax
28 230
7 695
48 637
65 247
Living cost
24 255
24 255
24 255
24 255
Free-cash
3 975
-16 560
24 382
40 992

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66354
₽44870
₽40866
₽62269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 420
unemployment
-
-
-
1 140
work injury
-
-
-
475
health insurance
-
-
-
7 030
pensions
-
-
-
17 480
total
-
-
-
40 545
Employee

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

21 742
-
95 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
14 420
-
total
8 153
-
36 541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 258
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
73 258
94 050
-
-
withholding
10 989
14 107
-
-
total
10 989
14 107
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 142
15 057
36 541
40 545
After tax
75 858
79 943
58 459
54 455
Living cost
13 589
13 589
13 589
13 589
Free-cash
62 269
66 354
44 870
40 866

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9972
₽3881
₽8225
₽5397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 434
regional
-
-
-
1 846
municipal
-
-
-
636
national
-
-
-
19 792
total
-
-
-
46 708
Employee
84 751
-
95 000
-
municipal
506
-
567
-
national
14 322
-
16 904
-
regional
1 280
-
1 547
-
social contributions
28 577
-
32 034
-
total
44 685
-
51 052
-
Employer
84 751
-
95 000
-
total
-
-
-
-
Corporate
10 249
95 000
-
-
municipal
494
4 579
-
-
nationa
2 460
22 800
-
-
total
2 954
27 379
-
-
Dividends
7 295
67 621
-
-
withholding
1 897
17 582
-
-
total
1 897
17 582
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 536
44 961
51 052
46 708
After tax
45 464
50 039
43 948
48 292
Living cost
40 067
40 067
40 067
40 067
Free-cash
5 397
9 972
3 881
8 225

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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