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
₽29900
₽38986
₽19471
₽30928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 442
trade
-
-
-
8 058
income

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

-
-
-
19 915
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.

-
-
-
1 095
total
-
-
-
35 510
Employee

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

36 067
-
95 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
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.

1 007
-
19 915
-
surtax

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

55
-
1 095
-
total
7 504
-
27 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 933
95 000
-
-
income
8 840
14 250
-
-
chamber of commerce
227
279
-
-
surtax

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

487
784
-
-
trade
9 282
14 962
-
-
total
18 836
30 275
-
-
Dividends
40 097
64 726
-
-
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.

531
870
-
-
withholding
9 667
15 822
-
-
total
10 198
16 692
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 538
46 967
27 452
35 510
After tax
58 462
48 033
67 548
59 490
Living cost
28 562
28 562
28 562
28 562
Free-cash
29 900
19 471
38 986
30 928

Estimated living cost  is ₽28562 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3330
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.
₽6732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9409
₽9097
₽10225
₽8352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 873
pensions
-
-
-
11 400
national
-
-
-
15 299
total
-
-
-
37 593
Employee
76 044
-
82 127
-
pensions
3 042
-
3 285
-
municipal
9 393
-
10 241
-
national
14 555
-
15 869
-
total
26 990
-
29 395
-
Employer
76 044
-
82 127
-
pensions
6 084
-
6 570
-
social contributions
817
-
883
-
total
6 901
-
7 453
-
Corporate
7 036
95 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 407
19 000
-
-
total
1 407
19 000
-
-
Dividends
5 629
76 000
-
-
withholding
1 238
16 720
-
-
total
1 238
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 536
35 720
36 848
37 593
After tax
58 464
59 280
58 152
57 407
Living cost
49 055
49 055
49 055
49 055
Free-cash
9 409
10 225
9 097
8 352

Estimated living cost  is ₽49055 per week

₽33342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48648
₽33921
₽56381
₽31087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
95 000
social contributions

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

-
-
-
30 543
income
-
-
-
13 752
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
44 295
Employee
27 554
-
76 558
-
social contributions

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

3 031
-
8 421
-
income
4 905
-
14 598
-
surtax
-
-
-
-
total
7 936
-
23 019
-
Employer
27 554
-
76 558
-
surtax
-
-
-
-
social contributions

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

6 637
-
18 442
-
total
6 637
-
18 442
-
Corporate
60 809
95 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

12 161
19 001
-
-
total
12 161
19 001
-
-
Dividends

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

48 648
75 999
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 734
19 001
41 461
44 295
After tax
68 266
75 999
53 539
50 705
Living cost
19 618
19 618
19 618
19 618
Free-cash
48 648
56 381
33 921
31 087

Estimated living cost  is ₽19618 per week

₽12516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽695
₽6583
₽6472
₽14418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
11 338
income
-
-
-
18 694
pensions
-
-
-
11 048
total
-
-
-
41 080
Employee
80 526
80 526
80 845
-
pensions
14 495
11 048
11 048
-
health
12 360
10 513
10 531
-
income

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

13 181
13 181
13 181
-
total
40 036
34 742
34 760
-
Employer
80 526
80 526
80 845
-
pensions
5 605
5 605
5 626
-
health
5 597
5 597
5 619
-
unemployment
2 899
2 899
2 910
-
total
14 101
14 101
14 155
-
Corporate
1 361
373
-
-
income
272
75
-
-
total
272
75
-
-
Dividends
1 089
298
-
-
income
231
63
-
-
withholding
163
45
-
-
total
394
108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 803
49 026
48 915
41 080
After tax
40 197
45 974
46 085
53 920
Living cost
39 502
39 502
39 502
39 502
Free-cash
695
6 472
6 583
14 418

Estimated living cost  is ₽39502 per week

₽27994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12352
₽12081
₽13220
₽10799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 286
municipal
-
-
-
21 011
pensions
-
-
-
9 157
other
-
-
-
9 843
unemployment
-
-
-
85
national
-
-
-
-
total
-
-
-
45 551
Employee
55 073
-
72 287
-
municipal
16 423
-
21 556
-
national
-
-
-
-
total
16 423
-
21 556
-
Employer
55 073
-
72 287
-
pensions
5 953
-
7 814
-
other
6 400
-
8 400
-
health
3 387
-
4 446
-
unemployment
1 454
-
1 908
-
accident
110
-
145
-
total
17 304
-
22 713
-
Corporate
22 623
95 000
-
-
income
4 977
20 900
-
-
total
4 977
20 900
-
-
Dividends
17 646
74 100
-
-
withholding
5 294
22 230
-
-
total
5 294
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 998
43 130
44 269
45 551
After tax
51 002
51 870
50 731
49 449
Living cost
38 650
38 650
38 650
38 650
Free-cash
12 352
13 220
12 081
10 799

Estimated living cost  is ₽38650 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23749
₽30504
₽10499
₽22088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 442
trade
-
-
-
8 416
income

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

-
-
-
19 915
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.

-
-
-
1 095
total
-
-
-
35 868
Employee

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

47 820
-
95 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
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.

4 109
-
19 915
-
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.

225
-
1 095
-
total
10 776
-
27 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 180
95 000
-
-
income
7 077
14 250
-
-
chamber of commerce
209
279
-
-
surtax

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

390
784
-
-
trade
7 761
15 627
-
-
total
15 437
30 940
-
-
Dividends
31 742
64 060
-
-
surtax

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

417
861
-
-
withholding
7 577
15 656
-
-
total
7 994
16 517
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 207
47 457
27 452
35 868
After tax
60 793
47 543
67 548
59 132
Living cost
37 044
37 044
37 044
37 044
Free-cash
23 749
10 499
30 504
22 088

Estimated living cost  is ₽37044 per week

₽24775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35039
₽36617
₽38950
₽36711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
14 820
health
-
-
-
2 423
income
-
-
-
10 461
total
-
-
-
27 704
Employee
72 510
72 510
86 246
-
health
721
1 233
1 466
-
social contributions
3 523
6 018
7 158
-
income
7 614
6 712
10 420
-
total
11 858
13 963
19 044
-
Employer
72 510
72 510
86 246
-
health
786
1 342
1 596
-
social contributions
3 523
6 018
7 158
-
total
4 309
7 360
8 754
-
Corporate
48 247
15 130
-
-
income
6 031
1 891
-
-
total
6 031
1 891
-
-
Dividends
42 216
13 238
-
-
withholding
7 178
2 251
-
-
total
7 178
2 251
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 376
25 465
27 798
27 704
After tax
65 624
69 535
67 202
67 296
Living cost
30 585
30 585
30 585
30 585
Free-cash
35 039
38 950
36 617
36 711

Estimated living cost  is ₽30585 per week

₽20908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36507
₽37698
₽36147
₽48437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 080
9 981
79 498
-
unemployment
376
150
1 192
-
pensions
2 508
998
7 950
-
health
1 756
699
5 565
-
income
3 066
1 220
9 719
-
total
7 706
3 067
24 426
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 080
9 981
79 498
-
pensions
4 891
1 946
15 502
-
total
4 891
1 946
15 502
-
Corporate
65 030
83 072
-
-
income
5 853
7 476
-
-
total
5 853
7 476
-
-
Dividends
59 177
75 596
-
-
social contributions
11 425
14 627
-
-
withholding
11 244
14 363
-
-
total
22 669
28 990
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 119
41 479
39 928
29 189
After tax
53 881
53 521
55 072
65 811
Living cost
17 374
17 374
17 374
17 374
Free-cash
36 507
36 147
37 698
48 437

Estimated living cost  is ₽17374 per week

₽11856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47365
₽31982
₽53223
₽28144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
12 349
income
-
-
-
12 730
pensions
-
-
-
19 001
total
-
-
-
44 080
Employee
26 751
-
71 001
-
unemployment
428
-
1 136
-
pensions
535
-
1 421
-
income
3 012
-
13 689
-
total
3 975
-
16 246
-
Employer
26 751
-
71 001
-
pensions
5 351
-
14 199
-
health
3 477
-
9 230
-
unemployment
215
-
567
-
total
9 043
-
23 996
-
Corporate
59 207
95 000
-
-
income
11 841
19 001
-
-
total
11 841
19 001
-
-
Dividends
47 366
75 999
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
24 859
19 001
40 242
44 080
After tax
70 141
75 999
54 758
50 920
Living cost
22 776
22 776
22 776
22 776
Free-cash
47 365
53 223
31 982
28 144

Estimated living cost  is ₽22776 per week

₽15622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4476
₽28049
-₽13292
₽44217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
23 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
29 795
Employee
33 014
-
81 146
-
pensions
3 718
-
7 278
-
health
3 780
-
9 291
-
income
4 529
-
15 541
-
total
12 027
-
32 110
-
Employer
33 014
-
81 146
-
pensions
5 368
-
10 510
-
unemployment
809
-
1 988
-
accident
551
-
1 355
-
total
6 728
-
13 853
-
Corporate
55 257
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.

49 731
85 500
-
-
total
49 731
85 500
-
-
Dividends
5 526
9 500
-
-
withholding
1 050
1 805
-
-
total
1 050
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 536
87 305
45 963
29 795
After tax
25 464
7 695
49 037
65 205
Living cost
20 988
20 988
20 988
20 988
Free-cash
4 476
-13 292
28 049
44 217

Estimated living cost  is ₽20988 per week

₽15382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81002
₽68212
₽82462
₽86262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
microenterprise

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

-
-
-
950
total
-
-
-
950
Employee
9 735
-
95 000
-
income
1 947
-
19 000
-
total
1 947
-
19 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

85 265
95 000
-
-
total
-
-
-
-
Dividends
85 265
95 000
-
-
withholding
4 263
4 750
-
-
total
4 263
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 210
4 750
19 000
950
After tax
88 790
90 250
76 000
94 050
Living cost
7 788
7 788
7 788
7 788
Free-cash
81 002
82 462
68 212
86 262

Estimated living cost  is ₽7788 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38300
₽30423
₽44669
₽26315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
4 180
income
-
-
-
12 066
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.

-
-
-
22 800
other
-
-
-
4 513
total
-
-
-
43 559
Employee
34 238
-
75 880
-
unemployment
342
-
759
-
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.

2 396
-
5 311
-
health
480
-
1 063
-
income
5 895
-
13 197
-
total
9 113
-
20 330
-
Employer
34 238
-
75 880
-
pensions

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

5 821
-
12 898
-
other
1 713
-
3 794
-
health
480
-
1 063
-
unemployment
342
-
759
-
accident
274
-
607
-
total
8 630
-
19 121
-
Corporate
52 133
95 000
-
-
income
10 948
19 951
-
-
total
10 948
19 951
-
-
Dividends
41 185
75 049
-
-
withholding
2 883
5 254
-
-
total
2 883
5 254
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 574
25 205
39 451
43 559
After tax
63 426
69 795
55 549
51 441
Living cost
25 126
25 126
25 126
25 126
Free-cash
38 300
44 669
30 423
26 315

Estimated living cost  is ₽25126 per week

₽17753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4337
-₽2328
₽7732
₽6329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
19 969
pensions
-
-
-
6 955
total
-
-
-
26 924
Employee
87 363
-
83 613
-
pensions
8 428
-
7 979
-
health
1 440
-
1 362
-
income
15 748
-
14 855
-
total
25 616
-
24 196
-
Employer
87 363
-
83 613
-
pensions
10 315
-
9 797
-
health
1 659
-
1 588
-
total
11 974
-
11 385
-
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.

-
18 050
-
-
total
-
18 050
-
-
Dividends
-
76 950
-
-
withholding
-
7 471
-
-
total
-
7 471
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 590
25 521
35 581
26 924
After tax
57 410
69 479
59 419
68 076
Living cost
61 747
61 747
61 747
61 747
Free-cash
-4 337
7 732
-2 328
6 329

Estimated living cost  is ₽61747 per week

₽46268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽64484
₽62555
₽68864
₽59596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
3 787
income
-
-
-
14 250
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
23 043
Employee
16 368
-
88 539
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 892
-
health
753
-
1 515
-
income
1 637
-
8 854
-
total
4 007
-
13 623
-
Employer
16 368
-
88 539
-
pensions

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

1 804
-
3 629
-
health
1 130
-
2 272
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 212
-
6 461
-
Corporate
75 420
95 000
-
-
income
7 542
9 500
-
-
total
7 542
9 500
-
-
Dividends
67 878
85 500
-
-
withholding
3 394
4 275
-
-
total
3 394
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 155
13 775
20 084
23 043
After tax
76 845
81 225
74 916
71 957
Living cost
12 361
12 361
12 361
12 361
Free-cash
64 484
68 864
62 555
59 596

Estimated living cost  is ₽12361 per week

₽7217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7732
-₽6204
-₽6315
₽1631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
11 338
income
-
-
-
18 694
pensions
-
-
-
11 048
total
-
-
-
41 080
Employee
87 425
80 526
80 845
-
pensions
11 048
11 048
11 048
-
health
10 907
10 513
10 531
-
income

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

13 181
13 181
13 181
-
total
35 136
34 742
34 760
-
Employer
87 425
80 526
80 845
-
pensions
6 084
5 605
5 626
-
health
6 075
5 597
5 619
-
unemployment
3 148
2 899
2 910
-
total
15 307
14 101
14 155
-
Corporate
-
373
-
-
income
-
75
-
-
total
-
75
-
-
Dividends
-
298
-
-
income
-
63
-
-
withholding
-
45
-
-
total
-
108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
50 443
49 026
48 915
41 080
After tax
44 557
45 974
46 085
53 920
Living cost
52 289
52 289
52 289
52 289
Free-cash
-7 732
-6 315
-6 204
1 631

Estimated living cost  is ₽52289 per week

₽38572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4671
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.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33679
₽24823
₽42021
₽22884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
27 740
health
-
-
-
12 825
income
-
-
-
8 165
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
34 392
-
70 896
-
solidarity contribution
-
-
-
-
health
4 643
-
9 571
-
social contributions
2 235
-
4 608
-
income
4 127
-
8 507
-
total
11 005
-
22 686
-
Employer
34 392
-
70 896
-
health
3 095
-
6 381
-
social contributions
8 598
-
17 724
-
total
11 693
-
24 105
-
Corporate
48 915
95 000
-
-
income
9 294
18 050
-
-
total
9 294
18 050
-
-
Dividends
39 621
76 950
-
-
withholding
5 943
11 543
-
-
total
5 943
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 935
29 593
46 791
48 730
After tax
57 065
65 407
48 209
46 270
Living cost
23 386
23 386
23 386
23 386
Free-cash
33 679
42 021
24 823
22 884

Estimated living cost  is ₽23386 per week

₽16244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5972
₽4412
₽10897
₽8933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 433
municipal
-
-
-
564
regional
-
-
-
1 050
national
-
-
-
20 230
total
-
-
-
46 277
Employee
83 806
-
95 000
-
regional
791
-
920
-
municipal
444
-
503
-
national
14 522
-
17 342
-
social contributions
28 259
-
32 033
-
total
44 016
-
50 798
-
Employer
83 806
-
95 000
-
total
-
-
-
-
Corporate
11 194
95 000
-
-
municipal
437
3 704
-
-
nationa
2 686
22 800
-
-
total
3 123
26 504
-
-
Dividends
8 072
68 496
-
-
withholding
2 099
17 809
-
-
total
2 099
17 809
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 238
44 313
50 798
46 277
After tax
45 762
50 687
44 202
48 723
Living cost
39 790
39 790
39 790
39 790
Free-cash
5 972
10 897
4 412
8 933

Estimated living cost  is ₽39790 per week

₽27737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36012
₽26156
₽38947
₽27994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
6 745
income
-
-
-
18 029
surtax
-
-
-
2 208
pensions
-
-
-
19 001
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
46 198
Employee
31 184
-
78 480
-
unemployment
2 171
-
5 461
-
pensions
2 079
-
5 234
-
health
796
-
2 001
-
income
5 227
-
16 825
-
other
-
-
-
-
surtax
102
-
1 995
-
total
10 375
-
31 516
-
Employer
31 184
-
78 480
-
pensions
4 157
-
10 461
-
other
-
-
-
-
health
1 419
-
3 572
-
unemployment
988
-
2 487
-
total
6 564
-
16 520
-
Corporate
57 253
95 000
-
-
income
14 887
24 700
-
-
total
14 887
24 700
-
-
Dividends
42 366
70 300
-
-
withholding
6 354
10 545
-
-
total
6 354
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 180
35 245
48 036
46 198
After tax
56 820
59 755
46 964
48 802
Living cost
20 808
20 808
20 808
20 808
Free-cash
36 012
38 947
26 156
27 994

Estimated living cost  is ₽20808 per week

₽12723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21731
₽17235
₽27295
₽25892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
19 969
pensions
-
-
-
6 955
total
-
-
-
26 924
Employee
58 548
-
83 613
-
pensions
4 969
-
7 979
-
health
850
-
1 362
-
income
10 545
-
14 855
-
total
16 364
-
24 196
-
Employer
58 548
-
83 613
-
pensions
6 338
-
9 797
-
health
1 112
-
1 588
-
total
7 450
-
11 385
-
Corporate
29 002
95 000
-
-
income

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

5 510
18 050
-
-
total
5 510
18 050
-
-
Dividends
23 491
76 950
-
-
withholding
1 761
7 471
-
-
total
1 761
7 471
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 085
25 521
35 581
26 924
After tax
63 915
69 479
59 419
68 076
Living cost
42 184
42 184
42 184
42 184
Free-cash
21 731
27 295
17 235
25 892

Estimated living cost  is ₽42184 per week

₽31604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1086
-₽367
-₽31525
₽4445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
245
pensions
-
-
-
8 741
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.

-
-
-
1 900
regional
-
-
-
3 167
city
-
-
-
1 001
national
-
-
-
535
total
-
-
-
15 589
Employee
87 730
-
85 030
-
unemployment
-
-
-
-
pensions
7 370
-
7 143
-
regional
2 873
-
2 726
-
national
415
-
394
-
health
198
-
191
-
city
942
-
913
-
total
11 798
-
11 367
-
Employer
87 730
-
85 030
-
pensions
7 370
-
7 143
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 754
-
1 700
-
health
198
-
191
-
unemployment
-
-
-
-
total
9 322
-
9 034
-
Corporate
-
95 000
-
-
regional
-
20 092
-
-
national
-
8 075
-
-
total
-
28 167
-
-
Dividends
-
66 833
-
-
withholding
-
23 392
-
-
total
-
23 392
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 120
51 559
20 401
15 589
After tax
73 880
43 441
74 599
79 411
Living cost
74 966
74 966
74 966
74 966
Free-cash
-1 086
-31 525
-367
4 445

Estimated living cost  is ₽74966 per week

₽48749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19147
₽24350
₽3855
₽15576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 442
trade
-
-
-
8 774
income

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

-
-
-
19 915
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.

-
-
-
1 095
total
-
-
-
36 226
Employee

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

56 671
-
95 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
income

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

6 664
-
19 915
-
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.

367
-
1 095
-
total
13 473
-
27 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 329
95 000
-
-
income
5 750
14 250
-
-
chamber of commerce
197
277
-
-
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.

317
784
-
-
trade
6 573
16 293
-
-
total
12 837
31 604
-
-
Dividends
25 493
63 396
-
-
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.

331
852
-
-
withholding
6 014
15 491
-
-
total
6 345
16 343
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 655
47 947
27 452
36 226
After tax
62 345
47 053
67 548
58 774
Living cost
43 198
43 198
43 198
43 198
Free-cash
19 147
3 855
24 350
15 576

Estimated living cost  is ₽43198 per week

₽31550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21186
₽27645
₽15616
₽22422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 707
health
-
-
-
1 797
income
-
-
-
9 147
surtax
-
-
-
-
pensions
-
-
-
23 716
other
-
-
-
2 949
total
-
-
-
40 316
Employee
40 358
-
77 114
-
pensions
4 563
-
3 663
-
social contributions
1 151
-
2 197
-
income
2 382
-
11 346
-
surtax
-
-
-
-
total
8 096
-
17 206
-
Employer
40 358
-
77 114
-
pensions
6 630
-
6 473
-
other
1 392
-
2 661
-
health
2 826
-
5 399
-
unemployment
1 634
-
3 123
-
social contributions
122
-
231
-
total
12 604
-
17 887
-
Corporate
42 039
95 000
-
-
income
11 771
26 600
-
-
surtax
-
-
-
-
total
11 771
26 600
-
-
Dividends
30 268
68 400
-
-
surtax
-
-
-
-
social contributions
5 207
11 766
-
-
withholding
3 874
8 756
-
-
total
9 081
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 552
47 122
35 093
40 316
After tax
53 448
47 878
59 907
54 684
Living cost
32 262
32 262
32 262
32 262
Free-cash
21 186
15 616
27 645
22 422

Estimated living cost  is ₽32262 per week

₽20343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24051
₽30841
₽18812
₽25618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 707
health
-
-
-
1 797
income
-
-
-
9 147
surtax
-
-
-
-
pensions
-
-
-
23 716
other
-
-
-
2 949
total
-
-
-
40 316
Employee
36 025
-
77 114
-
pensions
4 075
-
3 663
-
social contributions
1 027
-
2 197
-
income
1 857
-
11 346
-
surtax
-
-
-
-
total
6 959
-
17 206
-
Employer
36 025
-
77 114
-
pensions
5 920
-
6 473
-
other
1 244
-
2 661
-
health
2 521
-
5 399
-
unemployment
1 458
-
3 123
-
social contributions
107
-
231
-
total
11 250
-
17 887
-
Corporate
47 725
95 000
-
-
income
13 364
26 600
-
-
surtax
-
-
-
-
total
13 364
26 600
-
-
Dividends
34 361
68 400
-
-
surtax
-
-
-
-
social contributions
5 911
11 766
-
-
withholding
4 399
8 756
-
-
total
10 310
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 883
47 122
35 093
40 316
After tax
53 117
47 878
59 907
54 684
Living cost
29 066
29 066
29 066
29 066
Free-cash
24 051
18 812
30 841
25 618

Estimated living cost  is ₽29066 per week

₽16857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38452
₽41142
₽37965
₽41013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
13 110
health
-
-
-
6 632
income
-
-
-
14 250
total
-
-
-
33 992
Employee
31 972
-
95 000
-
health
2 231
-
6 632
-
social contributions
4 413
-
13 110
-
income
5 333
-
14 121
-
total
11 977
-
33 863
-
Employer
31 972
-
95 000
-
total
-
-
-
-
Corporate
63 028
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%.

3 151
4 749
-
-
total
3 151
4 749
-
-
Dividends
59 876
90 251
-
-
health
4 180
6 299
-
-
social contributions
8 264
12 455
-
-
withholding
8 981
13 537
-
-
total
21 425
32 291
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 553
37 040
33 863
33 992
After tax
58 447
57 960
61 137
61 008
Living cost
19 995
19 995
19 995
19 995
Free-cash
38 452
37 965
41 142
41 013

Estimated living cost  is ₽19995 per week

₽13382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18556
-₽4493
₽20016
₽14820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
7 267
surtax
-
-
-
186
income
-
-
-
15 763
chamber of commerce
-
-
-
379
pensions
-
-
-
17 574
unemployment
-
-
-
5 784
total
-
-
-
46 953
Employee
47 125
37 579
73 623
-
unemployment
1 414
1 127
2 208
-
pensions
4 826
3 847
7 539
-
health
1 823
1 455
2 849
-
income
5 365
2 772
14 049
-
other
471
376
735
-
total
13 899
9 577
27 380
-
Employer
47 125
37 579
73 623
-
chamber of commerce
188
150
295
-
pensions
5 914
4 717
9 239
-
other
2 239
1 784
3 498
-
health
1 781
1 421
2 783
-
unemployment
1 414
1 127
2 208
-
accident
612
489
957
-
surtax
186
186
186
-
payroll
1 414
1 127
2 208
-
total
13 748
11 001
21 374
-
Corporate
34 128
46 420
70 046
-
income

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

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

8 532
11 605
17 512
-
total
8 532
11 605
17 512
-
Dividends
25 596
34 815
-
-
withholding
7 038
9 574
-
-
total
7 038
9 574
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 217
41 757
66 266
46 953
After tax
51 783
53 243
28 734
48 047
Living cost
33 227
33 227
33 227
33 227
Free-cash
18 556
20 016
-4 493
14 820

Estimated living cost  is ₽33227 per week

₽22161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4752
₽2611
₽18895
₽10152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
14 858
communal

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

-
-
-
4 808
national
-
-
-
30 800
total
-
-
-
50 466
Employee

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

67 451
-
73 580
-
unemployment

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

587
-
641
-
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.

5 059
-
5 519
-
national
20 737
-
23 133
-
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.

3 169
-
3 459
-
communal

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

3 518
-
3 838
-
total
33 070
-
36 590
-
Employer

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

67 451
-
73 580
-
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.

5 977
-
6 519
-
health

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

4 148
-
4 526
-
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.

984
-
1 074
-
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.

877
-
956
-
surtax
7 648
-
8 342
-
total
19 634
-
21 417
-
Corporate
7 915
95 000
-
-
income
1 584
19 001
-
-
surtax
32
379
-
-
total
1 616
19 380
-
-
Dividends
6 299
75 620
-
-
withholding

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

1 546
22 343
-
-
total
1 546
22 343
-
-
Income
95 000
95 000
95 000
95 000
Total tax
55 866
41 723
58 007
50 466
After tax
39 134
53 277
36 993
44 534
Living cost
34 382
34 382
34 382
34 382
Free-cash
4 752
18 895
2 611
10 152

Estimated living cost  is ₽34382 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22438
₽16137
₽29953
₽16968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 756
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
43 977
Employee
46 939
-
72 034
-
unemployment
728
-
1 117
-
pensions
2 206
-
3 386
-
income
9 904
-
17 267
-
other
47
-
72
-
total
12 885
-
21 842
-
Employer
46 939
-
72 034
-
pensions
11 077
-
17 000
-
other
374
-
578
-
unemployment
2 582
-
3 962
-
accident
929
-
1 426
-
total
14 962
-
22 966
-
Corporate
33 099
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.

4 966
14 250
-
-
total
4 966
14 250
-
-
Dividends
28 134
80 750
-
-
withholding
5 694
16 742
-
-
total
5 694
16 742
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 507
30 992
44 808
43 977
After tax
56 493
64 008
50 192
51 023
Living cost
34 055
34 055
34 055
34 055
Free-cash
22 438
29 953
16 137
16 968

Estimated living cost  is ₽34055 per week

₽25078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽422
₽7288
₽6881
₽3044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
802
health
-
-
-
6 675
income
-
-
-
8 281
surtax
-
-
-
4 710
pensions
-
-
-
14 239
communal
-
-
-
6 004
total
-
-
-
40 711
Employee
71 410
-
84 857
-
pensions
5 712
-
6 789
-
health
3 178
-
3 778
-
income
6 898
-
10 558
-
surtax
4 377
-
5 200
-
total
20 165
-
26 325
-
Employer
71 410
-
84 857
-
pensions
5 712
-
6 789
-
health
2 178
-
2 589
-
accident
642
-
764
-
total
8 532
-
10 142
-
Corporate
15 057
95 000
-
-
income
2 258
14 250
-
-
communal
-
6 412
-
-
surtax
157
997
-
-
total
2 415
21 659
-
-
Dividends
12 642
73 342
-
-
income
10 324
4 213
-
-
withholding
1 897
11 002
-
-
total
12 221
15 215
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 333
36 874
36 467
40 711
After tax
51 667
58 126
58 533
54 289
Living cost
51 245
51 245
51 245
51 245
Free-cash
422
6 881
7 288
3 044

Estimated living cost  is ₽51245 per week

₽38441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35575
₽25784
₽38575
₽27622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
6 745
income
-
-
-
18 029
surtax
-
-
-
2 208
pensions
-
-
-
19 001
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
46 198
Employee
31 756
-
78 480
-
unemployment
2 210
-
5 461
-
pensions
2 119
-
5 234
-
health
811
-
2 001
-
income
5 324
-
16 825
-
other
-
-
-
-
surtax
113
-
1 995
-
total
10 577
-
31 516
-
Employer
31 756
-
78 480
-
pensions
4 234
-
10 461
-
other
-
-
-
-
health
1 444
-
3 572
-
unemployment
1 007
-
2 487
-
total
6 685
-
16 520
-
Corporate
56 559
95 000
-
-
income
14 706
24 700
-
-
total
14 706
24 700
-
-
Dividends
41 853
70 300
-
-
withholding
6 277
10 545
-
-
total
6 277
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 245
35 245
48 036
46 198
After tax
56 755
59 755
46 964
48 802
Living cost
21 180
21 180
21 180
21 180
Free-cash
35 575
38 575
25 784
27 622

Estimated living cost  is ₽21180 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22439
₽18442
₽24533
₽22939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 433
municipal
-
-
-
564
regional
-
-
-
1 432
national
-
-
-
20 230
total
-
-
-
46 659
Employee
52 308
-
95 000
-
regional
704
-
1 278
-
municipal
277
-
503
-
national
8 287
-
17 342
-
social contributions
17 639
-
32 033
-
total
26 907
-
51 156
-
Employer
52 308
-
95 000
-
total
-
-
-
-
Corporate
42 692
95 000
-
-
municipal
2 122
4 721
-
-
nationa
10 246
22 800
-
-
total
12 368
27 521
-
-
Dividends
30 323
67 480
-
-
withholding
7 884
17 544
-
-
total
7 884
17 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 159
45 065
51 156
46 659
After tax
47 841
49 935
43 844
48 341
Living cost
25 402
25 402
25 402
25 402
Free-cash
22 439
24 533
18 442
22 939

Estimated living cost  is ₽25402 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26309
₽19391
₽36589
₽17452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
27 740
health
-
-
-
12 825
income
-
-
-
8 165
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
42 379
-
70 896
-
solidarity contribution
-
-
-
-
health
5 721
-
9 571
-
social contributions
2 755
-
4 608
-
income
5 085
-
8 507
-
total
13 561
-
22 686
-
Employer
42 379
-
70 896
-
health
3 814
-
6 381
-
social contributions
10 595
-
17 724
-
total
14 409
-
24 105
-
Corporate
38 212
95 000
-
-
income
7 260
18 050
-
-
total
7 260
18 050
-
-
Dividends
30 951
76 950
-
-
withholding
4 643
11 543
-
-
total
4 643
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 873
29 593
46 791
48 730
After tax
55 127
65 407
48 209
46 270
Living cost
28 818
28 818
28 818
28 818
Free-cash
26 309
36 589
19 391
17 452

Estimated living cost  is ₽28818 per week

₽21431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22792
-₽1322
₽23260
₽18149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
7 267
surtax
-
-
-
-
income
-
-
-
15 763
chamber of commerce
-
-
-
379
pensions
-
-
-
17 574
unemployment
-
-
-
5 784
total
-
-
-
46 767
Employee
41 220
37 579
73 768
-
unemployment
1 237
1 127
2 214
-
pensions
4 221
3 847
7 553
-
health
1 594
1 455
2 854
-
income
3 672
2 772
14 099
-
other
412
376
737
-
total
11 136
9 577
27 457
-
Employer
41 220
37 579
73 768
-
chamber of commerce
165
150
295
-
pensions
5 173
4 717
9 259
-
other
1 958
1 784
3 504
-
health
1 559
1 421
2 788
-
unemployment
1 237
1 127
2 214
-
accident
535
489
959
-
surtax
-
-
-
-
payroll
1 237
1 127
2 214
-
total
11 864
10 815
21 233
-
Corporate
41 918
46 606
70 189
-
income

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

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

10 479
11 651
17 548
-
total
10 479
11 651
17 548
-
Dividends
31 438
34 954
-
-
withholding
8 645
9 613
-
-
total
8 645
9 613
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 124
41 656
66 238
46 767
After tax
52 876
53 344
28 762
48 233
Living cost
30 084
30 084
30 084
30 084
Free-cash
22 792
23 260
-1 322
18 149

Estimated living cost  is ₽30084 per week

₽18047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75839
₽63864
₽78114
₽81914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 170
-
95 000
-
income
3 034
-
19 000
-
total
3 034
-
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%.

79 830
95 000
-
-
total
-
-
-
-
Dividends
79 830
95 000
-
-
withholding
3 991
4 750
-
-
total
3 991
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 025
4 750
19 000
950
After tax
87 975
90 250
76 000
94 050
Living cost
12 136
12 136
12 136
12 136
Free-cash
75 839
78 114
63 864
81 914

Estimated living cost  is ₽12136 per week

₽8213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32227
₽21104
₽40115
₽23828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
95 000
health
-
-
-
9 348
income
-
-
-
19 039
pensions
-
-
-
17 349
unemployment
-
-
-
143
total
-
-
-
45 879
Employee

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

41 698
-
82 202
-
unemployment
59
-
115
-
pensions
6 464
-
12 741
-
health
2 693
-
5 311
-
income
7 191
-
17 638
-
total
16 407
-
35 805
-
Employer

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

41 698
-
82 202
-
pensions
3 690
-
7 274
-
health
2 777
-
5 474
-
unemployment
25
-
50
-
total
6 492
-
12 798
-
Corporate
46 809
95 000
-
-
income
8 894
18 050
-
-
total
8 894
18 050
-
-
Dividends
37 916
76 950
-
-
withholding
5 687
11 542
-
-
total
5 687
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 480
29 592
48 603
45 879
After tax
57 520
65 408
46 397
49 121
Living cost
25 293
25 293
25 293
25 293
Free-cash
32 227
40 115
21 104
23 828

Estimated living cost  is ₽25293 per week

₽17358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46050
₽41737
₽16980
₽24835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
10 830
income
-
-
-
18 517
total
-
-
-
29 347
Employee
58 527
-
-
-
social contributions
4 799
-
684
-
income
12 910
-
-
-
total
17 709
-
684
-
Employer
58 527
-
-
-
social contributions
82 523
-
11 761
-
total
82 523
-
11 761
-
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
100 232
37 202
12 445
29 347
After tax
-5 232
57 798
82 555
65 653
Living cost
40 818
40 818
40 818
40 818
Free-cash
-46 050
16 980
41 737
24 835

Estimated living cost  is ₽40818 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23509
₽18659
₽24457
₽23514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
95 000
social contributions

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

-
-
-
33 012
income
-
-
-
8 896
surtax
-
-
-
-
total
-
-
-
41 908
Employee
43 369
-
76 767
-
social contributions
4 771
-
8 444
-
income
9 021
-
20 086
-
surtax
-
-
-
-
total
13 792
-
28 530
-
Employer
43 369
-
76 767
-
social contributions
10 300
-
18 233
-
total
10 300
-
18 233
-
Corporate
41 330
95 000
-
-
income
8 679
19 951
-
-
surtax
-
-
-
-
total
8 679
19 951
-
-
Dividends
32 652
75 049
-
-
withholding
9 142
21 014
-
-
total
9 142
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 913
40 965
46 763
41 908
After tax
53 087
54 035
48 237
53 092
Living cost
29 578
29 578
29 578
29 578
Free-cash
23 509
24 457
18 659
23 514

Estimated living cost  is ₽29578 per week

₽22130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8818
₽14363
₽2334
₽9140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 707
health
-
-
-
1 797
income
-
-
-
9 147
surtax
-
-
-
-
pensions
-
-
-
23 716
other
-
-
-
2 949
total
-
-
-
40 316
Employee
59 060
-
77 114
-
pensions
6 680
-
3 663
-
social contributions
1 682
-
2 197
-
income
5 153
-
11 346
-
surtax
-
-
-
-
total
13 515
-
17 206
-
Employer
59 060
-
77 114
-
pensions
9 704
-
6 473
-
other
2 038
-
2 661
-
health
4 134
-
5 399
-
unemployment
2 393
-
3 123
-
social contributions
177
-
231
-
total
18 446
-
17 887
-
Corporate
17 494
95 000
-
-
income
4 898
26 600
-
-
surtax
-
-
-
-
total
4 898
26 600
-
-
Dividends
12 596
68 400
-
-
surtax
-
-
-
-
social contributions
2 167
11 766
-
-
withholding
1 612
8 756
-
-
total
3 779
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 638
47 122
35 093
40 316
After tax
54 362
47 878
59 907
54 684
Living cost
45 544
45 544
45 544
45 544
Free-cash
8 818
2 334
14 363
9 140

Estimated living cost  is ₽45544 per week

₽30824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53988
₽46595
₽57155
₽44070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 901
income
-
-
-
1 684
total
-
-
-
22 585
Employee
30 316
-
82 250
-
social contributions
1 970
-
5 347
-
income
-
-
1 965
-
total
1 970
-
7 312
-
Employer
30 316
-
82 250
-
social contributions
4 699
-
12 748
-
total
4 699
-
12 748
-
Corporate
59 985
95 000
-
-
income
5 998
9 500
-
-
total
5 998
9 500
-
-
Dividends
53 987
85 500
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 667
9 500
20 060
22 585
After tax
82 333
85 500
74 940
72 415
Living cost
28 345
28 345
28 345
28 345
Free-cash
53 988
57 155
46 595
44 070

Estimated living cost  is ₽28345 per week

₽18328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
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.
₽7348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽110325
-₽110325
-₽110325
₽13495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 681
pensions
-
-
-
817
labour market
-
-
-
7 535
national
-
-
-
10 087
total
-
-
-
36 120
Employee
191 561
191 561
191 561
-
pensions
272
272
272
-
municipal
40 792
40 792
40 792
-
national
23 403
23 403
23 403
-
labour market
15 303
15 303
15 303
-
total
79 770
79 770
79 770
-
Employer
191 561
191 561
191 561
-
municipal
40 857
40 857
40 857
-
pensions
545
545
545
-
national
23 443
23 443
23 443
-
labour market
15 325
15 325
15 325
-
total
80 170
80 170
80 170
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
159 940
159 940
159 940
36 120
After tax
-64 940
-64 940
-64 940
58 880
Living cost
45 385
45 385
45 385
45 385
Free-cash
-110 325
-110 325
-110 325
13 495

Estimated living cost  is ₽45385 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4523
₽28359
-₽12983
₽44527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
23 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
29 795
Employee
32 528
-
81 146
-
pensions
3 663
-
7 278
-
health
3 725
-
9 291
-
income
4 462
-
15 541
-
total
11 850
-
32 110
-
Employer
32 528
-
81 146
-
pensions
5 289
-
10 510
-
unemployment
797
-
1 988
-
accident
543
-
1 355
-
total
6 629
-
13 853
-
Corporate
55 843
95 000
-
-
income

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

50 259
85 500
-
-
total
50 259
85 500
-
-
Dividends
5 584
9 500
-
-
withholding
1 061
1 805
-
-
total
1 061
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 799
87 305
45 963
29 795
After tax
25 201
7 695
49 037
65 205
Living cost
20 678
20 678
20 678
20 678
Free-cash
4 523
-12 983
28 359
44 527

Estimated living cost  is ₽20678 per week

₽15051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24933
₽17936
₽26906
₽31179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 070
municipal
-
-
-
16 907
national
-
-
-
9 641
total
-
-
-
27 618
Employee
49 612
-
79 918
-
unemployment
744
-
1 199
-
pensions
3 348
-
5 395
-
municipal
8 126
-
13 047
-
national
820
-
5 300
-
health
370
-
837
-
total
13 408
-
25 778
-
Employer
49 612
-
79 918
-
pensions
8 607
-
13 867
-
health
381
-
616
-
unemployment
322
-
519
-
accident
50
-
81
-
total
9 360
-
15 083
-
Corporate
36 028
95 000
-
-
income
7 206
19 001
-
-
total
7 206
19 001
-
-
Dividends

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

21 616
57 000
-
-
national
-
2 629
-
-
municipal
3 890
10 261
-
-
total
3 890
12 890
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 864
31 891
40 861
27 618
After tax
61 136
63 109
54 139
67 382
Living cost
36 203
36 203
36 203
36 203
Free-cash
24 933
26 906
17 936
31 179

Estimated living cost  is ₽36203 per week

₽23648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42571
₽45370
₽47703
₽45464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
14 820
health
-
-
-
2 423
income
-
-
-
10 461
total
-
-
-
27 704
Employee
72 510
72 510
86 246
-
health
562
1 233
1 466
-
social contributions
2 741
6 018
7 158
-
income
7 895
6 712
10 420
-
total
11 198
13 963
19 044
-
Employer
72 510
72 510
86 246
-
health
610
1 342
1 596
-
social contributions
2 741
6 018
7 158
-
total
3 351
7 360
8 754
-
Corporate
58 617
15 130
-
-
income
7 328
1 891
-
-
total
7 328
1 891
-
-
Dividends
51 290
13 238
-
-
withholding
8 720
2 251
-
-
total
8 720
2 251
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 597
25 465
27 798
27 704
After tax
64 403
69 535
67 202
67 296
Living cost
21 832
21 832
21 832
21 832
Free-cash
42 571
47 703
45 370
45 464

Estimated living cost  is ₽21832 per week

₽13085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58901
₽43618
₽63697
₽61512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
95 000
health
-
-
-
3 413
income
-
-
-
9 078
pensions
-
-
-
5 998
unemployment
-
-
-
27
total
-
-
-
18 516
Employee

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

21 644
-
86 128
-
unemployment
107
-
431
-
pensions
3 246
-
12 920
-
health
1 840
-
7 321
-
income
1 480
-
6 866
-
total
6 673
-
27 538
-
Employer

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

21 644
-
86 128
-
pensions
1 190
-
4 737
-
health
931
-
3 704
-
unemployment
107
-
431
-
total
2 228
-
8 872
-
Corporate
71 128
95 000
-
-
income
6 401
8 550
-
-
total
6 401
8 550
-
-
Dividends
64 727
86 450
-
-
withholding
5 825
7 781
-
-
total
5 825
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 127
16 331
36 410
18 516
After tax
73 873
78 669
58 590
76 484
Living cost
14 972
14 972
14 972
14 972
Free-cash
58 901
63 697
43 618
61 512

Estimated living cost  is ₽14972 per week

₽9552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33131
₽24261
₽38077
₽25092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 756
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
43 977
Employee
34 867
-
72 034
-
unemployment
540
-
1 117
-
pensions
1 639
-
3 386
-
income
6 722
-
17 267
-
other
34
-
72
-
total
8 935
-
21 842
-
Employer
34 867
-
72 034
-
pensions
8 228
-
17 000
-
other
279
-
578
-
unemployment
1 918
-
3 962
-
accident
691
-
1 426
-
total
11 116
-
22 966
-
Corporate
49 017
95 000
-
-
income

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

7 353
14 250
-
-
total
7 353
14 250
-
-
Dividends
41 664
80 750
-
-
withholding
8 534
16 742
-
-
total
8 534
16 742
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 938
30 992
44 808
43 977
After tax
59 062
64 008
50 192
51 023
Living cost
25 931
25 931
25 931
25 931
Free-cash
33 131
38 077
24 261
25 092

Estimated living cost  is ₽25931 per week

₽17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57123
₽58677
₽57427
₽58809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
980
income
-
-
-
32 007
pensions
-
-
-
1 351
total
-
-
-
34 338
Employee
2 822
-
93 480
-
unemployment
28
-
68
-
pensions
254
-
608
-
health
141
-
338
-
income
546
-
31 936
-
total
969
-
32 950
-
Employer
2 822
-
93 480
-
pensions
310
-
743
-
health
268
-
642
-
unemployment
56
-
135
-
total
634
-
1 520
-
Corporate
91 544
95 000
-
-
income
20 140
20 900
-
-
total
20 140
20 900
-
-
Dividends
71 404
74 100
-
-
withholding
14 281
14 820
-
-
total
14 281
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 024
35 720
34 470
34 338
After tax
58 976
59 280
60 530
60 662
Living cost
1 853
1 853
1 853
1 853
Free-cash
57 123
57 427
58 677
58 809

Estimated living cost  is ₽1853 per week

₽1101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47695
₽34040
₽52333
₽34040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
95 000
health
-
-
-
7 177
income
-
-
-
18 317
pensions
-
-
-
18 116
unemployment
-
-
-
1 045
total
-
-
-
44 655
Employee

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

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

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

24 587
-
82 528
-
unemployment
184
-
523
-
pensions
3 442
-
9 755
-
health
1 266
-
3 588
-
income
3 389
-
18 317
-
total
8 281
-
32 183
-
Employer

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

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

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

24 587
-
82 528
-
pensions
2 950
-
8 361
-
health
1 266
-
3 588
-
unemployment
184
-
523
-
total
4 400
-
12 472
-
Corporate
66 012
95 000
-
-
income
9 902
14 250
-
-
total
9 902
14 250
-
-
Dividends
56 110
80 750
-
-
withholding
8 417
12 112
-
-
total
8 417
12 112
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 000
26 362
44 655
44 655
After tax
64 000
68 638
50 345
50 345
Living cost
16 305
16 305
16 305
16 305
Free-cash
47 695
52 333
34 040
34 040

Estimated living cost  is ₽16305 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28274
₽22815
₽28613
₽27670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
95 000
social contributions

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

-
-
-
33 012
income
-
-
-
8 896
surtax
-
-
-
-
total
-
-
-
41 908
Employee
36 599
-
76 767
-
social contributions
4 026
-
8 444
-
income
7 151
-
20 086
-
surtax
-
-
-
-
total
11 177
-
28 530
-
Employer
36 599
-
76 767
-
social contributions
8 691
-
18 233
-
total
8 691
-
18 233
-
Corporate
49 710
95 000
-
-
income
10 440
19 951
-
-
surtax
-
-
-
-
total
10 440
19 951
-
-
Dividends
39 270
75 049
-
-
withholding
10 996
21 014
-
-
total
10 996
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 304
40 965
46 763
41 908
After tax
53 696
54 035
48 237
53 092
Living cost
25 422
25 422
25 422
25 422
Free-cash
28 274
28 613
22 815
27 670

Estimated living cost  is ₽25422 per week

₽18006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23675
₽17052
₽30868
₽17883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 756
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
43 977
Employee
45 541
-
72 034
-
unemployment
705
-
1 117
-
pensions
2 140
-
3 386
-
income
9 512
-
17 267
-
other
45
-
72
-
total
12 402
-
21 842
-
Employer
45 541
-
72 034
-
pensions
10 748
-
17 000
-
other
365
-
578
-
unemployment
2 505
-
3 962
-
accident
902
-
1 426
-
total
14 520
-
22 966
-
Corporate
34 939
95 000
-
-
income

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

5 241
14 250
-
-
total
5 241
14 250
-
-
Dividends
29 698
80 750
-
-
withholding
6 022
16 742
-
-
total
6 022
16 742
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 185
30 992
44 808
43 977
After tax
56 815
64 008
50 192
51 023
Living cost
33 140
33 140
33 140
33 140
Free-cash
23 675
30 868
17 052
17 883

Estimated living cost  is ₽33140 per week

₽23800
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59261
₽58698
₽65007
₽55739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
health
-
-
-
3 787
income
-
-
-
14 250
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
23 043
Employee
21 476
-
88 539
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 892
-
health
988
-
1 515
-
income
2 148
-
8 854
-
total
5 257
-
13 623
-
Employer
21 476
-
88 539
-
pensions

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

2 367
-
3 629
-
health
1 482
-
2 272
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 214
-
6 461
-
Corporate
69 311
95 000
-
-
income
6 931
9 500
-
-
total
6 931
9 500
-
-
Dividends
62 379
85 500
-
-
withholding
3 119
4 275
-
-
total
3 119
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 521
13 775
20 084
23 043
After tax
75 479
81 225
74 916
71 957
Living cost
16 218
16 218
16 218
16 218
Free-cash
59 261
65 007
58 698
55 739

Estimated living cost  is ₽16218 per week

₽10727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24940
₽31142
₽12601
₽23802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 442
trade
-
-
-
7 340
income

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

-
-
-
19 915
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.

-
-
-
1 095
total
-
-
-
34 792
Employee

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

46 919
-
95 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
income

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

3 858
-
19 915
-
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.

213
-
1 095
-
total
10 513
-
27 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 081
95 000
-
-
income
7 212
14 250
-
-
chamber of commerce
213
283
-
-
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.

397
784
-
-
trade
6 900
13 632
-
-
total
14 722
28 949
-
-
Dividends
33 359
66 052
-
-
surtax

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

438
889
-
-
withholding
7 981
16 155
-
-
total
8 419
17 044
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 654
45 993
27 452
34 792
After tax
61 346
49 007
67 548
60 208
Living cost
36 406
36 406
36 406
36 406
Free-cash
24 940
12 601
31 142
23 802

Estimated living cost  is ₽36406 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14865
₽10406
₽12785
₽10406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 465
income
-
-
-
22 413
total
-
-
-
30 878
Employee
73 761
-
95 000
-
social contributions
6 128
-
8 465
-
income
13 918
-
22 413
-
total
20 046
-
30 878
-
Employer
73 761
-
95 000
-
total
-
-
-
-
Corporate
21 239
95 000
-
-
income
2 656
11 875
-
-
total
2 656
11 875
-
-
Dividends
18 583
83 125
-
-
withholding
3 717
16 624
-
-
total
3 717
16 624
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 419
28 499
30 878
30 878
After tax
68 581
66 501
64 122
64 122
Living cost
53 716
53 716
53 716
53 716
Free-cash
14 865
12 785
10 406
10 406

Estimated living cost  is ₽53716 per week

₽40866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26194
₽35550
₽22538
₽28071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 000
income
-
-
-
26 842
health

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

-
-
-
5 857
total
-
-
-
32 699
Employee
43 258
-
90 662
-
social contributions
4 334
-
4 338
-
income
4 694
-
16 544
-
total
9 028
-
20 882
-
Employer
43 258
-
90 662
-
social contributions
4 334
-
4 338
-
total
4 334
-
4 338
-
Corporate
47 408
95 000
-
-
income
16 592
33 250
-
-
total
16 592
33 250
-
-
Dividends
30 816
61 750
-
-
social contributions
4 622
4 982
-
-
total
4 622
4 982
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 576
38 232
25 220
32 699
After tax
60 424
56 768
69 780
62 301
Living cost
34 230
34 230
34 230
34 230
Free-cash
26 194
22 538
35 550
28 071

Estimated living cost  is ₽34230 per week

₽22547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31676
₽25125
₽35185
₽33782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
19 969
pensions
-
-
-
6 955
total
-
-
-
26 924
Employee
47 074
-
83 613
-
pensions
3 593
-
7 979
-
health
614
-
1 362
-
income
8 572
-
14 855
-
total
12 779
-
24 196
-
Employer
47 074
-
83 613
-
pensions
4 756
-
9 797
-
health
895
-
1 588
-
total
5 651
-
11 385
-
Corporate
42 276
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.

8 032
18 050
-
-
total
8 032
18 050
-
-
Dividends
34 244
76 950
-
-
withholding
2 568
7 471
-
-
total
2 568
7 471
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 030
25 521
35 581
26 924
After tax
65 970
69 479
59 419
68 076
Living cost
34 294
34 294
34 294
34 294
Free-cash
31 676
35 185
25 125
33 782

Estimated living cost  is ₽34294 per week

₽23526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽4210
₽26312
-₽15030
₽42480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
23 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
29 795
Employee
35 748
-
81 146
-
pensions
4 025
-
7 278
-
health
4 093
-
9 291
-
income
4 904
-
15 541
-
total
13 022
-
32 110
-
Employer
35 748
-
81 146
-
pensions
5 812
-
10 510
-
unemployment
876
-
1 988
-
accident
597
-
1 355
-
total
7 285
-
13 853
-
Corporate
51 967
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.

46 771
85 500
-
-
total
46 771
85 500
-
-
Dividends
5 197
9 500
-
-
withholding
987
1 805
-
-
total
987
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 065
87 305
45 963
29 795
After tax
26 935
7 695
49 037
65 205
Living cost
22 725
22 725
22 725
22 725
Free-cash
4 210
-15 030
26 312
42 480

Estimated living cost  is ₽22725 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63432
₽46948
₽67210
₽41553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 589
health insurance
-
-
-
7 030
pensions
-
-
-
17 480
unemployment
-
-
-
1 140
work injury
-
-
-
475
total
-
-
-
40 714
Employee

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

20 374
-
95 000
-
unemployment
244
-
905
-
pensions
3 749
-
13 870
-
work injury
102
-
377
-
income
2 037
-
14 589
-
health insurance
1 508
-
5 578
-
total
7 640
-
35 319
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 626
95 000
-
-
income

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

-
950
-
-
total
-
950
-
-
Dividends
74 626
94 050
-
-
withholding
11 194
14 107
-
-
total
11 194
14 107
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 834
15 057
35 319
40 714
After tax
76 166
79 943
59 681
54 286
Living cost
12 734
12 734
12 734
12 734
Free-cash
63 432
67 210
46 948
41 553

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8183
₽5888
₽12473
₽10233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 433
municipal
-
-
-
635
regional
-
-
-
1 903
national
-
-
-
20 230
total
-
-
-
47 201
Employee
79 461
-
95 000
-
regional
1 200
-
1 604
-
municipal
474
-
567
-
national
13 428
-
17 342
-
social contributions
26 794
-
32 033
-
total
41 896
-
51 546
-
Employer
79 461
-
95 000
-
total
-
-
-
-
Corporate
15 539
95 000
-
-
municipal
750
4 579
-
-
nationa
3 729
22 800
-
-
total
4 479
27 379
-
-
Dividends
11 060
67 621
-
-
withholding
2 876
17 582
-
-
total
2 876
17 582
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 251
44 961
51 546
47 201
After tax
45 749
50 039
43 454
47 799
Living cost
37 566
37 566
37 566
37 566
Free-cash
8 183
12 473
5 888
10 233

Estimated living cost  is ₽37566 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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