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
₽29686
₽19128
₽38783
₽30809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
7 974
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.

-
-
-
19 707
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.

-
-
-
6 520
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.

-
-
-
1 083
total
-
-
-
35 284
Employee

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

36 503
-
95 000
-
surtax

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

56
-
1 083
-
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.

6 520
-
6 520
-
income

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

1 020
-
19 707
-
total
7 596
-
27 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 497
95 000
-
-
trade
9 213
14 963
-
-
income
8 775
14 250
-
-
surtax

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

482
784
-
-
chamber of commerce
228
281
-
-
total
18 698
30 278
-
-
Dividends
39 799
64 722
-
-
withholding
9 586
15 818
-
-
surtax

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

527
869
-
-
total
10 113
16 687
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 407
46 965
27 310
35 284
After tax
58 593
48 035
67 690
59 716
Living cost
28 907
28 907
28 907
28 907
Free-cash
29 686
19 128
38 783
30 809

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽9291
₽10109
₽8989
₽8244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
social contributions
-
-
-
1 021
pensions
-
-
-
11 400
municipal
-
-
-
9 870
national
-
-
-
15 294
total
-
-
-
37 585
Employee
76 224
-
82 127
-
national
14 589
-
15 864
-
municipal
9 415
-
10 238
-
pensions
3 049
-
3 285
-
total
27 053
-
29 387
-
Employer
76 224
-
82 127
-
pensions
6 098
-
6 570
-
social contributions
819
-
883
-
total
6 917
-
7 453
-
Corporate
6 828
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%.

1 366
19 000
-
-
total
1 366
19 000
-
-
Dividends
5 462
76 000
-
-
withholding
1 202
16 720
-
-
total
1 202
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 538
35 720
36 840
37 585
After tax
58 462
59 280
58 160
57 415
Living cost
49 171
49 171
49 171
49 171
Free-cash
9 291
10 109
8 989
8 244

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽48318
₽56145
₽33696
₽30863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 739
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
44 282
Employee
27 887
-
76 557
-
surtax
-
-
-
-
social contributions

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

3 068
-
8 422
-
income
4 964
-
14 584
-
total
8 032
-
23 006
-
Employer
27 887
-
76 557
-
social contributions

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

6 717
-
18 443
-
surtax
-
-
-
-
total
6 717
-
18 443
-
Corporate
60 395
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%.

12 078
19 000
-
-
total
12 078
19 000
-
-
Dividends

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

48 317
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 827
19 000
41 449
44 282
After tax
68 173
76 000
53 551
50 718
Living cost
19 855
19 855
19 855
19 855
Free-cash
48 318
56 145
33 696
30 863

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118
₽5587
₽230
₽13944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 484
pensions
-
-
-
11 182
health
-
-
-
11 410
total
-
-
-
41 076
Employee
81 500
81 500
81 500
-
health
12 509
10 640
12 509
-
pensions
14 670
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
40 519
35 162
40 519
-
Employer
81 500
81 500
81 500
-
pensions
5 672
5 672
5 672
-
unemployment
2 934
2 934
2 934
-
health
5 665
5 665
5 665
-
total
14 271
14 271
14 271
-
Corporate
228
-
-
-
income
45
-
-
-
total
45
-
-
-
Dividends
183
-
-
-
withholding
27
-
-
-
income
40
-
-
-
total
67
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 902
49 433
54 790
41 076
After tax
40 098
45 567
40 210
53 924
Living cost
39 980
39 980
39 980
39 980
Free-cash
118
5 587
230
13 944

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽11051
₽11947
₽10808
₽8958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
10 167
unemployment
-
-
-
88
pensions
-
-
-
9 459
municipal
-
-
-
20 770
accident
-
-
-
175
national
-
-
-
-
health
-
-
-
5 460
total
-
-
-
46 119
Employee
56 887
-
72 287
-
national
-
-
-
-
municipal
16 964
-
21 556
-
total
16 964
-
21 556
-
Employer
56 887
-
72 287
-
other
6 610
-
8 400
-
accident
114
-
145
-
pensions
6 149
-
7 814
-
unemployment
1 502
-
1 908
-
health
3 499
-
4 446
-
total
17 874
-
22 713
-
Corporate
20 239
95 000
-
-
income
4 452
20 900
-
-
total
4 452
20 900
-
-
Dividends
15 786
74 100
-
-
withholding
4 736
22 230
-
-
total
4 736
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
44 026
43 130
44 269
46 119
After tax
50 974
51 870
50 731
48 881
Living cost
39 923
39 923
39 923
39 923
Free-cash
11 051
11 947
10 808
8 958

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23464
₽10053
₽30198
₽21871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 327
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.

-
-
-
19 707
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.

-
-
-
6 520
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.

-
-
-
1 083
total
-
-
-
35 637
Employee

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

48 398
-
95 000
-
surtax

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

228
-
1 083
-
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.

6 520
-
6 520
-
income

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

4 158
-
19 707
-
total
10 906
-
27 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 602
95 000
-
-
trade
7 666
15 628
-
-
income
6 991
14 250
-
-
surtax

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

384
784
-
-
chamber of commerce
212
281
-
-
total
15 253
30 943
-
-
Dividends
31 348
64 057
-
-
withholding
7 474
15 652
-
-
surtax

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

411
860
-
-
total
7 885
16 512
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 044
47 455
27 310
35 637
After tax
60 956
47 545
67 690
59 363
Living cost
37 492
37 492
37 492
37 492
Free-cash
23 464
10 053
30 198
21 871

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34630
₽38587
₽36402
₽36497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 305
health
-
-
-
2 423
total
-
-
-
27 548
Employee
73 387
73 387
86 245
-
health
730
1 248
1 467
-
social contributions
3 566
6 091
7 158
-
income
7 706
6 793
10 264
-
total
12 002
14 132
18 889
-
Employer
73 387
73 387
86 245
-
social contributions
3 566
6 091
7 158
-
health
795
1 358
1 596
-
total
4 361
7 449
8 754
-
Corporate
47 681
14 164
-
-
income
5 960
1 771
-
-
total
5 960
1 771
-
-
Dividends
41 721
12 393
-
-
withholding
7 092
2 106
-
-
total
7 092
2 106
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 415
25 458
27 643
27 548
After tax
65 585
69 542
67 357
67 452
Living cost
30 955
30 955
30 955
30 955
Free-cash
34 630
38 587
36 402
36 497

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36136
₽35769
₽37312
₽48052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

25 636
10 203
79 498
-
unemployment
385
153
1 192
-
health
1 795
714
5 565
-
pensions
2 564
1 020
7 950
-
income
3 134
1 247
9 719
-
total
7 878
3 134
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.

25 636
10 203
79 498
-
pensions
4 999
1 990
15 502
-
total
4 999
1 990
15 502
-
Corporate
64 365
82 808
-
-
income
5 793
7 453
-
-
total
5 793
7 453
-
-
Dividends
58 572
75 355
-
-
withholding
11 129
14 317
-
-
social contributions
11 305
14 578
-
-
total
22 434
28 895
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 104
41 472
39 928
29 189
After tax
53 896
53 528
55 072
65 811
Living cost
17 760
17 760
17 760
17 760
Free-cash
36 136
35 769
37 312
48 052

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47020
₽52948
₽31707
₽27868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
12 730
pensions
-
-
-
19 000
health
-
-
-
12 350
total
-
-
-
44 080
Employee
27 074
-
70 999
-
unemployment
433
-
1 136
-
pensions
542
-
1 420
-
income
3 048
-
13 688
-
total
4 023
-
16 244
-
Employer
27 074
-
70 999
-
pensions
5 415
-
14 199
-
unemployment
217
-
569
-
health
3 519
-
9 229
-
total
9 151
-
23 997
-
Corporate
58 774
95 000
-
-
income
11 754
19 000
-
-
total
11 754
19 000
-
-
Dividends
47 020
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
24 928
19 000
40 241
44 080
After tax
70 072
76 000
54 759
50 920
Living cost
23 052
23 052
23 052
23 052
Free-cash
47 020
52 948
31 707
27 868

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽4400
-₽13778
₽27427
₽43746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
362
income
-
-
-
22 983
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
29 781
Employee
33 778
-
80 913
-
health
3 868
-
9 265
-
pensions
3 804
-
7 447
-
income
4 634
-
15 302
-
total
12 306
-
32 014
-
Employer
33 778
-
80 913
-
accident
564
-
1 351
-
pensions
5 493
-
10 753
-
unemployment
828
-
1 982
-
total
6 885
-
14 086
-
Corporate
54 338
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.

48 904
85 500
-
-
total
48 904
85 500
-
-
Dividends
5 434
9 500
-
-
withholding
1 032
1 805
-
-
total
1 032
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 127
87 305
46 100
29 781
After tax
25 873
7 695
48 900
65 219
Living cost
21 473
21 473
21 473
21 473
Free-cash
4 400
-13 778
27 427
43 746

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80953
₽82420
₽68170
₽86220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 788
-
95 000
-
income
1 957
-
19 000
-
total
1 957
-
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%.

85 212
95 000
-
-
total
-
-
-
-
Dividends
85 212
95 000
-
-
withholding
4 260
4 750
-
-
total
4 260
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 217
4 750
19 000
950
After tax
88 783
90 250
76 000
94 050
Living cost
7 830
7 830
7 830
7 830
Free-cash
80 953
82 420
68 170
86 220

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37922
₽44367
₽30167
₽26011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
4 513
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
health
-
-
-
4 180
total
-
-
-
43 559
Employee
34 652
-
75 878
-
unemployment
346
-
759
-
health
485
-
1 063
-
pensions

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

2 425
-
5 312
-
income
5 966
-
13 147
-
total
9 222
-
20 281
-
Employer
34 652
-
75 878
-
other
1 733
-
3 794
-
accident
277
-
607
-
pensions

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

5 892
-
12 899
-
unemployment
346
-
759
-
health
485
-
1 063
-
total
8 733
-
19 122
-
Corporate
51 614
95 000
-
-
income
10 839
19 949
-
-
total
10 839
19 949
-
-
Dividends
40 775
75 051
-
-
withholding
2 854
5 254
-
-
total
2 854
5 254
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 648
25 203
39 403
43 559
After tax
63 352
69 797
55 597
51 441
Living cost
25 430
25 430
25 430
25 430
Free-cash
37 922
44 367
30 167
26 011

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7191
₽6462
-₽4019
₽4990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 526
pensions
-
-
-
6 963
total
-
-
-
26 489
Employee
89 873
-
83 656
-
health
1 481
-
1 353
-
pensions
8 670
-
7 924
-
income
16 201
-
14 877
-
total
26 352
-
24 154
-
Employer
89 873
-
83 656
-
pensions
10 611
-
9 754
-
health
1 707
-
1 590
-
total
12 318
-
11 344
-
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
-
6 967
-
-
total
-
6 967
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 670
25 017
35 498
26 489
After tax
56 330
69 983
59 502
68 511
Living cost
63 521
63 521
63 521
63 521
Free-cash
-7 191
6 462
-4 019
4 990

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64228
₽68674
₽62202
₽59271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
134
income
-
-
-
14 250
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
23 178
Employee
16 619
-
88 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
8 844
-
total
4 068
-
13 686
-
Employer
16 619
-
88 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
75 120
95 000
-
-
income
7 512
9 500
-
-
total
7 512
9 500
-
-
Dividends
67 608
85 500
-
-
withholding
3 380
4 275
-
-
total
3 380
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 221
13 775
20 247
23 178
After tax
76 779
81 225
74 753
71 822
Living cost
12 551
12 551
12 551
12 551
Free-cash
64 228
68 674
62 202
59 271

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8976
-₽7355
-₽12712
₽1002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 484
pensions
-
-
-
11 182
health
-
-
-
11 410
total
-
-
-
41 076
Employee
88 483
81 500
81 500
-
health
11 039
10 640
12 509
-
pensions
11 182
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
35 561
35 162
40 519
-
Employer
88 483
81 500
81 500
-
pensions
6 158
5 672
5 672
-
unemployment
3 186
2 934
2 934
-
health
6 149
5 665
5 665
-
total
15 493
14 271
14 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
51 054
49 433
54 790
41 076
After tax
43 946
45 567
40 210
53 924
Living cost
52 922
52 922
52 922
52 922
Free-cash
-8 976
-7 355
-12 712
1 002

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33028
₽41541
₽24343
₽22404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 165
health
-
-
-
12 825
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
35 096
-
70 896
-
solidarity contribution
-
-
-
-
health
4 738
-
9 571
-
social contributions
2 281
-
4 608
-
income
4 212
-
8 507
-
total
11 231
-
22 686
-
Employer
35 096
-
70 896
-
social contributions
8 774
-
17 724
-
health
3 159
-
6 381
-
total
11 933
-
24 105
-
Corporate
47 971
95 000
-
-
income
9 114
18 050
-
-
total
9 114
18 050
-
-
Dividends
38 856
76 950
-
-
withholding
5 828
11 543
-
-
total
5 828
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 106
29 593
46 791
48 730
After tax
56 894
65 407
48 209
46 270
Living cost
23 866
23 866
23 866
23 866
Free-cash
33 028
41 541
24 343
22 404

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5433
₽10414
₽4013
₽8532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 048
social contributions
-
-
-
24 434
municipal
-
-
-
565
national
-
-
-
20 150
total
-
-
-
46 197
Employee
84 819
-
95 000
-
national
14 697
-
17 262
-
regional
800
-
916
-
municipal
449
-
503
-
social contributions
28 601
-
32 035
-
total
44 547
-
50 716
-
Employer
84 819
-
95 000
-
total
-
-
-
-
Corporate
10 181
95 000
-
-
nationa
2 443
22 800
-
-
municipal
397
3 706
-
-
total
2 840
26 506
-
-
Dividends
7 341
68 494
-
-
withholding
1 909
17 809
-
-
total
1 909
17 809
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 296
44 315
50 716
46 197
After tax
45 704
50 685
44 284
48 803
Living cost
40 271
40 271
40 271
40 271
Free-cash
5 433
10 414
4 013
8 532

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35724
₽38696
₽26022
₽27860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
17 937
pensions
-
-
-
19 000
health
-
-
-
6 745
surtax
-
-
-
2 181
total
-
-
-
46 080
Employee
31 561
-
78 481
-
surtax
103
-
1 969
-
unemployment
2 197
-
5 462
-
other
-
-
-
-
health
806
-
2 001
-
pensions
2 105
-
5 234
-
income
5 290
-
16 733
-
total
10 501
-
31 399
-
Employer
31 561
-
78 481
-
other
-
-
-
-
pensions
4 207
-
10 461
-
unemployment
1 000
-
2 488
-
health
1 436
-
3 570
-
total
6 643
-
16 519
-
Corporate
56 796
95 000
-
-
income
14 768
24 700
-
-
total
14 768
24 700
-
-
Dividends
42 028
70 300
-
-
withholding
6 304
10 544
-
-
total
6 304
10 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 216
35 244
47 918
46 080
After tax
56 784
59 756
47 082
48 920
Living cost
21 060
21 060
21 060
21 060
Free-cash
35 724
38 696
26 022
27 860

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20310
₽26587
₽16106
₽25115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 526
pensions
-
-
-
6 963
total
-
-
-
26 489
Employee
60 231
-
83 656
-
health
874
-
1 353
-
pensions
5 112
-
7 924
-
income
10 848
-
14 877
-
total
16 834
-
24 154
-
Employer
60 231
-
83 656
-
pensions
6 520
-
9 754
-
health
1 144
-
1 590
-
total
7 664
-
11 344
-
Corporate
27 105
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.

5 150
18 050
-
-
total
5 150
18 050
-
-
Dividends
21 955
76 950
-
-
withholding
1 646
6 967
-
-
total
1 646
6 967
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 294
25 017
35 498
26 489
After tax
63 706
69 983
59 502
68 511
Living cost
43 396
43 396
43 396
43 396
Free-cash
20 310
26 587
16 106
25 115

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2165
-₽32364
-₽1184
₽3642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other

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

-
-
-
1 900
city
-
-
-
1 001
regional
-
-
-
3 146
pensions
-
-
-
8 740
national
-
-
-
518
health
-
-
-
247
total
-
-
-
15 552
Employee
88 713
-
85 031
-
national
420
-
391
-
unemployment
-
-
-
-
city
952
-
913
-
regional
2 905
-
2 706
-
health
201
-
191
-
pensions
7 453
-
7 143
-
total
11 931
-
11 344
-
Employer
88 713
-
85 031
-
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.

1 774
-
1 700
-
pensions
7 453
-
7 143
-
unemployment
-
-
-
-
health
201
-
191
-
total
9 428
-
9 034
-
Corporate
-
95 000
-
-
regional
-
20 093
-
-
national
-
8 074
-
-
total
-
28 167
-
-
Dividends
-
66 833
-
-
withholding
-
23 391
-
-
total
-
23 391
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 359
51 558
20 378
15 552
After tax
73 641
43 442
74 622
79 448
Living cost
75 806
75 806
75 806
75 806
Free-cash
-2 165
-32 364
-1 184
3 642

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18814
₽3336
₽23970
₽15288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 682
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.

-
-
-
19 707
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.

-
-
-
6 520
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.

-
-
-
1 083
total
-
-
-
35 992
Employee

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

57 356
-
95 000
-
surtax

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

371
-
1 083
-
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.

6 520
-
6 520
-
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.

6 745
-
19 707
-
total
13 636
-
27 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 644
95 000
-
-
trade
6 457
16 293
-
-
income
5 647
14 250
-
-
surtax

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

310
784
-
-
chamber of commerce
197
279
-
-
total
12 611
31 606
-
-
Dividends
25 033
63 394
-
-
withholding
5 895
15 487
-
-
surtax

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

324
851
-
-
total
6 219
16 338
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 466
47 944
27 310
35 992
After tax
62 534
47 056
67 690
59 008
Living cost
43 720
43 720
43 720
43 720
Free-cash
18 814
3 336
23 970
15 288

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20866
₽15226
₽21008
₽22064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
2 948
social contributions
-
-
-
2 708
income
-
-
-
8 984
pensions
-
-
-
23 909
health
-
-
-
1 735
surtax
-
-
-
-
total
-
-
-
40 284
Employee
40 846
-
72 390
-
surtax
-
-
-
-
pensions
4 618
-
8 188
-
social contributions
1 165
-
2 061
-
income
2 411
-
8 483
-
total
8 194
-
18 732
-
Employer
40 846
-
72 390
-
other
1 409
-
2 498
-
pensions
6 710
-
11 894
-
unemployment
1 654
-
2 932
-
social contributions
123
-
217
-
health
2 860
-
5 067
-
total
12 756
-
22 608
-
Corporate
41 399
95 000
-
-
income
11 591
26 600
-
-
surtax
-
-
-
-
total
11 591
26 600
-
-
Dividends
29 807
68 400
-
-
withholding
3 816
8 755
-
-
social contributions
5 125
11 767
-
-
surtax
-
-
-
-
total
8 941
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 482
47 122
41 340
40 284
After tax
53 518
47 878
53 660
54 716
Living cost
32 652
32 652
32 652
32 652
Free-cash
20 866
15 226
21 008
22 064

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23763
₽18461
₽24243
₽25299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
2 948
social contributions
-
-
-
2 708
income
-
-
-
8 984
pensions
-
-
-
23 909
health
-
-
-
1 735
surtax
-
-
-
-
total
-
-
-
40 284
Employee
36 461
-
72 390
-
surtax
-
-
-
-
pensions
4 124
-
8 188
-
social contributions
1 040
-
2 061
-
income
1 880
-
8 483
-
total
7 044
-
18 732
-
Employer
36 461
-
72 390
-
other
1 259
-
2 498
-
pensions
5 991
-
11 894
-
unemployment
1 476
-
2 932
-
social contributions
109
-
217
-
health
2 552
-
5 067
-
total
11 387
-
22 608
-
Corporate
47 153
95 000
-
-
income
13 203
26 600
-
-
surtax
-
-
-
-
total
13 203
26 600
-
-
Dividends
33 950
68 400
-
-
withholding
4 345
8 755
-
-
social contributions
5 841
11 767
-
-
surtax
-
-
-
-
total
10 186
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 820
47 122
41 340
40 284
After tax
53 180
47 878
53 660
54 716
Living cost
29 417
29 417
29 417
29 417
Free-cash
23 763
18 461
24 243
25 299

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38219
₽37720
₽40961
₽40772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 111
income
-
-
-
14 250
health
-
-
-
6 630
total
-
-
-
33 991
Employee
32 359
-
95 000
-
health
2 258
-
6 630
-
social contributions
4 466
-
13 111
-
income
5 397
-
14 061
-
total
12 121
-
33 802
-
Employer
32 359
-
95 000
-
total
-
-
-
-
Corporate
62 641
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%.

3 131
4 751
-
-
total
3 131
4 751
-
-
Dividends
59 510
90 249
-
-
health
4 153
6 299
-
-
withholding
8 927
13 538
-
-
social contributions
8 212
12 455
-
-
total
21 292
32 292
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 544
37 043
33 802
33 991
After tax
58 456
57 957
61 198
61 009
Living cost
20 237
20 237
20 237
20 237
Free-cash
38 219
37 720
40 961
40 772

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18155
₽19634
-₽4745
₽14509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
380
unemployment
-
-
-
5 854
income
-
-
-
15 597
pensions
-
-
-
17 575
health
-
-
-
7 268
surtax
-
-
-
188
total
-
-
-
46 862
Employee
47 695
38 033
73 620
-
unemployment
1 431
1 141
2 208
-
other
476
380
735
-
health
1 846
1 472
2 849
-
pensions
4 885
3 894
7 538
-
income
5 430
2 805
13 911
-
total
14 068
9 692
27 241
-
Employer
47 695
38 033
73 620
-
payroll
1 431
1 141
2 208
-
other
2 266
1 806
3 497
-
accident
619
494
956
-
pensions
5 986
4 774
9 238
-
unemployment
1 431
1 141
2 208
-
chamber of commerce
190
152
295
-
surtax
188
188
188
-
health
1 802
1 438
2 784
-
total
13 913
11 134
21 374
-
Corporate
33 392
45 832
70 003
-
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.

8 347
11 459
17 501
-
total
8 347
11 459
17 501
-
Dividends
25 044
34 373
-
-
withholding
6 888
9 452
-
-
total
6 888
9 452
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 216
41 737
66 116
46 862
After tax
51 784
53 263
28 884
48 138
Living cost
33 629
33 629
33 629
33 629
Free-cash
18 155
19 634
-4 745
14 509

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4170
₽18484
₽2269
₽9875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 797
national
-
-
-
30 718
communal

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

-
-
-
4 812
total
-
-
-
50 327
Employee

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

68 267
-
73 578
-
national
20 988
-
23 065
-
unemployment

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

594
-
639
-
health

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

3 207
-
3 457
-
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.

5 120
-
5 518
-
communal

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

3 561
-
3 838
-
total
33 470
-
36 517
-
Employer

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

68 267
-
73 578
-
accident

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

887
-
956
-
pensions

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

6 049
-
6 518
-
unemployment

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

996
-
1 074
-
surtax
7 741
-
8 342
-
health

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

4 198
-
4 526
-
total
19 871
-
21 416
-
Corporate
6 861
95 000
-
-
income
1 373
19 000
-
-
surtax
27
380
-
-
total
1 400
19 380
-
-
Dividends
5 461
75 619
-
-
withholding

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

1 291
22 338
-
-
total
1 291
22 338
-
-
Income
95 000
95 000
95 000
95 000
Total tax
56 032
41 718
57 933
50 327
After tax
38 968
53 282
37 067
44 673
Living cost
34 798
34 798
34 798
34 798
Free-cash
4 170
18 484
2 269
9 875

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21939
₽29543
₽15823
₽16450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
17 545
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
44 083
Employee
47 506
-
72 032
-
unemployment
737
-
1 116
-
other
47
-
72
-
pensions
2 233
-
3 385
-
income
10 024
-
17 174
-
total
13 041
-
21 747
-
Employer
47 506
-
72 032
-
other
379
-
578
-
accident
940
-
1 425
-
pensions
11 211
-
16 999
-
unemployment
2 613
-
3 961
-
total
15 143
-
22 963
-
Corporate
32 351
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.

4 852
14 250
-
-
total
4 852
14 250
-
-
Dividends
27 499
80 750
-
-
withholding
5 558
16 740
-
-
total
5 558
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 594
30 990
44 710
44 083
After tax
56 406
64 010
50 290
50 917
Living cost
34 467
34 467
34 467
34 467
Free-cash
21 939
29 543
15 823
16 450

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽188
₽6294
₽6848
₽2567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 139
pensions
-
-
-
14 239
accident
-
-
-
801
communal
-
-
-
6 004
health
-
-
-
6 676
surtax
-
-
-
4 709
total
-
-
-
40 568
Employee
72 274
-
84 860
-
surtax
4 430
-
5 202
-
health
3 217
-
3 776
-
pensions
5 781
-
6 788
-
income
6 981
-
10 381
-
total
20 409
-
26 147
-
Employer
72 274
-
84 860
-
accident
650
-
764
-
pensions
5 781
-
6 788
-
health
2 204
-
2 588
-
total
8 635
-
10 140
-
Corporate
14 091
95 000
-
-
income
2 114
14 250
-
-
communal
-
6 413
-
-
surtax
149
998
-
-
total
2 263
21 661
-
-
Dividends
11 828
73 339
-
-
withholding
1 775
11 001
-
-
income
10 241
4 179
-
-
total
12 016
15 180
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 323
36 841
36 287
40 568
After tax
51 677
58 159
58 713
54 432
Living cost
51 865
51 865
51 865
51 865
Free-cash
-188
6 294
6 848
2 567

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35282
₽38320
₽25646
₽27484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
17 937
pensions
-
-
-
19 000
health
-
-
-
6 745
surtax
-
-
-
2 181
total
-
-
-
46 080
Employee
32 140
-
78 481
-
surtax
114
-
1 969
-
unemployment
2 237
-
5 462
-
other
-
-
-
-
health
820
-
2 001
-
pensions
2 144
-
5 234
-
income
5 388
-
16 733
-
total
10 703
-
31 399
-
Employer
32 140
-
78 481
-
other
-
-
-
-
pensions
4 285
-
10 461
-
unemployment
1 020
-
2 488
-
health
1 462
-
3 570
-
total
6 767
-
16 519
-
Corporate
56 094
95 000
-
-
income
14 585
24 700
-
-
total
14 585
24 700
-
-
Dividends
41 509
70 300
-
-
withholding
6 227
10 544
-
-
total
6 227
10 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 282
35 244
47 918
46 080
After tax
56 718
59 756
47 082
48 920
Living cost
21 436
21 436
21 436
21 436
Free-cash
35 282
38 320
25 646
27 484

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22105
₽24225
₽18213
₽22709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 433
social contributions
-
-
-
24 434
municipal
-
-
-
565
national
-
-
-
20 150
total
-
-
-
46 582
Employee
52 941
-
95 000
-
national
8 387
-
17 262
-
regional
713
-
1 278
-
municipal
281
-
503
-
social contributions
17 852
-
32 035
-
total
27 233
-
51 078
-
Employer
52 941
-
95 000
-
total
-
-
-
-
Corporate
42 059
95 000
-
-
nationa
10 095
22 800
-
-
municipal
2 090
4 722
-
-
total
12 185
27 522
-
-
Dividends
29 874
67 478
-
-
withholding
7 768
17 544
-
-
total
7 768
17 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 186
45 066
51 078
46 582
After tax
47 814
49 934
43 922
48 418
Living cost
25 709
25 709
25 709
25 709
Free-cash
22 105
24 225
18 213
22 709

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25508
₽35998
₽18800
₽16861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 165
health
-
-
-
12 825
solidarity contribution
-
-
-
-
total
-
-
-
48 730
Employee
43 248
-
70 896
-
solidarity contribution
-
-
-
-
health
5 838
-
9 571
-
social contributions
2 811
-
4 608
-
income
5 190
-
8 507
-
total
13 839
-
22 686
-
Employer
43 248
-
70 896
-
social contributions
10 812
-
17 724
-
health
3 892
-
6 381
-
total
14 704
-
24 105
-
Corporate
37 048
95 000
-
-
income
7 039
18 050
-
-
total
7 039
18 050
-
-
Dividends
30 009
76 950
-
-
withholding
4 501
11 543
-
-
total
4 501
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 083
29 593
46 791
48 730
After tax
54 917
65 407
48 209
46 270
Living cost
29 409
29 409
29 409
29 409
Free-cash
25 508
35 998
18 800
16 861

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22445
₽22916
-₽1534
₽17878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
380
unemployment
-
-
-
5 854
income
-
-
-
15 597
pensions
-
-
-
17 575
health
-
-
-
7 268
surtax
-
-
-
-
total
-
-
-
46 674
Employee
41 719
38 033
73 767
-
unemployment
1 251
1 141
2 213
-
other
417
380
737
-
health
1 614
1 472
2 854
-
pensions
4 272
3 894
7 554
-
income
3 716
2 805
13 962
-
total
11 270
9 692
27 320
-
Employer
41 719
38 033
73 767
-
payroll
1 251
1 141
2 213
-
other
1 981
1 806
3 503
-
accident
542
494
958
-
pensions
5 236
4 774
9 258
-
unemployment
1 251
1 141
2 213
-
chamber of commerce
167
152
295
-
surtax
-
-
-
-
health
1 577
1 438
2 789
-
total
12 005
10 946
21 229
-
Corporate
41 276
46 020
70 148
-
income

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

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

10 320
11 506
17 537
-
total
10 320
11 506
17 537
-
Dividends
30 956
34 514
-
-
withholding
8 512
9 492
-
-
total
8 512
9 492
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 107
41 636
66 086
46 674
After tax
52 893
53 364
28 914
48 326
Living cost
30 448
30 448
30 448
30 448
Free-cash
22 445
22 916
-1 534
17 878

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75760
₽78048
₽63798
₽81848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 253
-
95 000
-
income
3 051
-
19 000
-
total
3 051
-
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%.

79 747
95 000
-
-
total
-
-
-
-
Dividends
79 747
95 000
-
-
withholding
3 987
4 750
-
-
total
3 987
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 038
4 750
19 000
950
After tax
87 962
90 250
76 000
94 050
Living cost
12 202
12 202
12 202
12 202
Free-cash
75 760
78 048
63 798
81 848

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31824
₽39809
₽20850
₽23569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
95 000
unemployment
-
-
-
143
income
-
-
-
18 991
pensions
-
-
-
17 349
health
-
-
-
9 349
total
-
-
-
45 832
Employee

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

42 203
-
82 203
-
unemployment
60
-
116
-
health
2 726
-
5 310
-
pensions
6 542
-
12 741
-
income
7 278
-
17 587
-
total
16 606
-
35 754
-
Employer

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

42 203
-
82 203
-
pensions
3 735
-
7 275
-
unemployment
25
-
49
-
health
2 811
-
5 473
-
total
6 571
-
12 797
-
Corporate
46 227
95 000
-
-
income
8 784
18 050
-
-
total
8 784
18 050
-
-
Dividends
37 443
76 950
-
-
withholding
5 616
11 542
-
-
total
5 616
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 577
29 592
48 551
45 832
After tax
57 423
65 408
46 449
49 168
Living cost
25 599
25 599
25 599
25 599
Free-cash
31 824
39 809
20 850
23 569

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47503
₽16560
₽41189
₽24415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
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
101 265
37 202
12 573
29 347
After tax
-6 265
57 798
82 427
65 653
Living cost
41 238
41 238
41 238
41 238
Free-cash
-47 503
16 560
41 189
24 415

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23139
₽24101
₽18429
₽23211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
social contributions

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

-
-
-
33 013
income
-
-
-
8 840
surtax
-
-
-
-
total
-
-
-
41 853
Employee
43 894
-
76 768
-
surtax
-
-
-
-
social contributions
4 828
-
8 445
-
income
9 130
-
19 958
-
total
13 958
-
28 403
-
Employer
43 894
-
76 768
-
social contributions
10 425
-
18 232
-
total
10 425
-
18 232
-
Corporate
40 681
95 000
-
-
income
8 543
19 949
-
-
surtax
-
-
-
-
total
8 543
19 949
-
-
Dividends
32 138
75 051
-
-
withholding
8 999
21 014
-
-
total
8 999
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 925
40 963
46 635
41 853
After tax
53 075
54 037
48 365
53 147
Living cost
29 936
29 936
29 936
29 936
Free-cash
23 139
24 101
18 429
23 211

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Lisbon model

Close
Paris , France
₽8345
₽1783
₽7565
₽8621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
2 948
social contributions
-
-
-
2 708
income
-
-
-
8 984
pensions
-
-
-
23 909
health
-
-
-
1 735
surtax
-
-
-
-
total
-
-
-
40 284
Employee
59 774
-
72 390
-
surtax
-
-
-
-
pensions
6 761
-
8 188
-
social contributions
1 702
-
2 061
-
income
5 215
-
8 483
-
total
13 678
-
18 732
-
Employer
59 774
-
72 390
-
other
2 063
-
2 498
-
pensions
9 822
-
11 894
-
unemployment
2 421
-
2 932
-
social contributions
179
-
217
-
health
4 184
-
5 067
-
total
18 669
-
22 608
-
Corporate
16 557
95 000
-
-
income
4 636
26 600
-
-
surtax
-
-
-
-
total
4 636
26 600
-
-
Dividends
11 920
68 400
-
-
withholding
1 525
8 755
-
-
social contributions
2 052
11 767
-
-
surtax
-
-
-
-
total
3 577
20 522
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 560
47 122
41 340
40 284
After tax
54 440
47 878
53 660
54 716
Living cost
46 095
46 095
46 095
46 095
Free-cash
8 345
1 783
7 565
8 621

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53605
₽56813
₽46324
₽43798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
1 616
social contributions
-
-
-
20 898
total
-
-
-
22 514
Employee
30 682
-
82 252
-
social contributions
1 994
-
5 346
-
income
-
-
1 894
-
total
1 994
-
7 240
-
Employer
30 682
-
82 252
-
social contributions
4 756
-
12 748
-
total
4 756
-
12 748
-
Corporate
59 562
95 000
-
-
income
5 957
9 499
-
-
total
5 957
9 499
-
-
Dividends
53 605
85 501
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 707
9 499
19 988
22 514
After tax
82 293
85 501
75 012
72 486
Living cost
28 688
28 688
28 688
28 688
Free-cash
53 605
56 813
46 324
43 798

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽112641
-₽112641
-₽112641
₽13047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
pensions
-
-
-
826
municipal
-
-
-
17 625
labour market
-
-
-
7 534
national
-
-
-
10 071
total
-
-
-
36 056
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
161 744
161 744
161 744
36 056
After tax
-66 744
-66 744
-66 744
58 944
Living cost
45 897
45 897
45 897
45 897
Free-cash
-112 641
-112 641
-112 641
13 047

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4449
-₽13461
₽27744
₽44063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
362
income
-
-
-
22 983
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
29 781
Employee
33 280
-
80 913
-
health
3 811
-
9 265
-
pensions
3 748
-
7 447
-
income
4 566
-
15 302
-
total
12 125
-
32 014
-
Employer
33 280
-
80 913
-
accident
556
-
1 351
-
pensions
5 411
-
10 753
-
unemployment
816
-
1 982
-
total
6 783
-
14 086
-
Corporate
54 937
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.

49 443
85 500
-
-
total
49 443
85 500
-
-
Dividends
5 494
9 500
-
-
withholding
1 044
1 805
-
-
total
1 044
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 395
87 305
46 100
29 781
After tax
25 605
7 695
48 900
65 219
Living cost
21 156
21 156
21 156
21 156
Free-cash
4 449
-13 461
27 744
44 063

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
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.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24438
₽26558
₽17589
₽30866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 909
national
-
-
-
9 519
health
-
-
-
1 065
total
-
-
-
27 493
Employee
50 212
-
79 919
-
national
829
-
5 212
-
unemployment
753
-
1 199
-
health
375
-
833
-
municipal
8 224
-
13 049
-
pensions
3 389
-
5 395
-
total
13 570
-
25 688
-
Employer
50 212
-
79 919
-
accident
51
-
80
-
pensions
8 711
-
13 866
-
unemployment
326
-
520
-
health
386
-
616
-
total
9 474
-
15 082
-
Corporate
35 314
95 000
-
-
income
7 063
19 000
-
-
total
7 063
19 000
-
-
Dividends

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

21 188
57 000
-
-
municipal
3 814
10 260
-
-
national
-
2 541
-
-
total
3 814
12 801
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 921
31 801
40 770
27 493
After tax
61 079
63 199
54 230
67 507
Living cost
36 641
36 641
36 641
36 641
Free-cash
24 438
26 558
17 589
30 866

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42251
₽47446
₽45261
₽45356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 305
health
-
-
-
2 423
total
-
-
-
27 548
Employee
73 387
73 387
86 245
-
health
569
1 248
1 467
-
social contributions
2 775
6 091
7 158
-
income
7 991
6 793
10 264
-
total
11 335
14 132
18 889
-
Employer
73 387
73 387
86 245
-
social contributions
2 775
6 091
7 158
-
health
618
1 358
1 596
-
total
3 393
7 449
8 754
-
Corporate
58 177
14 164
-
-
income
7 272
1 771
-
-
total
7 272
1 771
-
-
Dividends
50 906
12 393
-
-
withholding
8 653
2 106
-
-
total
8 653
2 106
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 653
25 458
27 643
27 548
After tax
64 347
69 542
67 357
67 452
Living cost
22 096
22 096
22 096
22 096
Free-cash
42 251
47 446
45 261
45 356

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽58662
₽63516
₽43442
₽61234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
95 000
unemployment
-
-
-
27
income
-
-
-
9 061
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
18 613
Employee

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

21 906
-
86 127
-
unemployment
109
-
431
-
health
1 862
-
7 320
-
pensions
3 285
-
12 919
-
income
1 498
-
6 862
-
total
6 754
-
27 532
-
Employer

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

21 906
-
86 127
-
pensions
1 204
-
4 738
-
unemployment
109
-
431
-
health
942
-
3 704
-
total
2 255
-
8 873
-
Corporate
70 839
95 000
-
-
income
6 375
8 550
-
-
total
6 375
8 550
-
-
Dividends
64 464
86 450
-
-
withholding
5 801
7 781
-
-
total
5 801
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 185
16 331
36 405
18 613
After tax
73 815
78 669
58 595
76 387
Living cost
15 153
15 153
15 153
15 153
Free-cash
58 662
63 516
43 442
61 234

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32759
₽37766
₽24046
₽24673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
17 545
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
44 083
Employee
35 289
-
72 032
-
unemployment
547
-
1 116
-
other
34
-
72
-
pensions
1 659
-
3 385
-
income
6 803
-
17 174
-
total
9 043
-
21 747
-
Employer
35 289
-
72 032
-
other
283
-
578
-
accident
699
-
1 425
-
pensions
8 327
-
16 999
-
unemployment
1 942
-
3 961
-
total
11 251
-
22 963
-
Corporate
48 460
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.

7 270
14 250
-
-
total
7 270
14 250
-
-
Dividends
41 191
80 750
-
-
withholding
8 433
16 740
-
-
total
8 433
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 997
30 990
44 710
44 083
After tax
59 003
64 010
50 290
50 917
Living cost
26 244
26 244
26 244
26 244
Free-cash
32 759
37 766
24 046
24 673

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽57182
₽57479
₽58764
₽58891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 041
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
34 308
Employee
2 743
-
93 522
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
31 972
-
total
942
-
32 957
-
Employer
2 743
-
93 522
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
91 639
95 000
-
-
income
20 161
20 900
-
-
total
20 161
20 900
-
-
Dividends
71 479
74 100
-
-
withholding
14 296
14 820
-
-
total
14 296
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 017
35 720
34 435
34 308
After tax
58 983
59 280
60 565
60 692
Living cost
1 801
1 801
1 801
1 801
Free-cash
57 182
57 479
58 764
58 891

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47462
₽52150
₽33733
₽33731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
95 000
unemployment
-
-
-
1 057
income
-
-
-
18 150
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
44 782
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.

24 861
-
82 389
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
18 150
-
total
8 374
-
32 170
-
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.

24 861
-
82 389
-
pensions
2 983
-
8 454
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 610
-
Corporate
65 689
95 000
-
-
income
9 853
14 250
-
-
total
9 853
14 250
-
-
Dividends
55 836
80 750
-
-
withholding
8 375
12 113
-
-
total
8 375
12 113
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 051
26 363
44 780
44 782
After tax
63 949
68 637
50 220
50 218
Living cost
16 487
16 487
16 487
16 487
Free-cash
47 462
52 150
33 733
33 731

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27962
₽28308
₽22636
₽27418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
social contributions

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

-
-
-
33 013
income
-
-
-
8 840
surtax
-
-
-
-
total
-
-
-
41 853
Employee
37 041
-
76 768
-
surtax
-
-
-
-
social contributions
4 075
-
8 445
-
income
7 238
-
19 958
-
total
11 313
-
28 403
-
Employer
37 041
-
76 768
-
social contributions
8 797
-
18 232
-
total
8 797
-
18 232
-
Corporate
49 162
95 000
-
-
income
10 323
19 949
-
-
surtax
-
-
-
-
total
10 323
19 949
-
-
Dividends
38 839
75 051
-
-
withholding
10 876
21 014
-
-
total
10 876
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 309
40 963
46 635
41 853
After tax
53 691
54 037
48 365
53 147
Living cost
25 729
25 729
25 729
25 729
Free-cash
27 962
28 308
22 636
27 418

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23188
₽30469
₽16749
₽17376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
17 545
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
44 083
Employee
46 092
-
72 032
-
unemployment
714
-
1 116
-
other
45
-
72
-
pensions
2 166
-
3 385
-
income
9 627
-
17 174
-
total
12 552
-
21 747
-
Employer
46 092
-
72 032
-
other
369
-
578
-
accident
913
-
1 425
-
pensions
10 878
-
16 999
-
unemployment
2 536
-
3 961
-
total
14 696
-
22 963
-
Corporate
34 213
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.

5 133
14 250
-
-
total
5 133
14 250
-
-
Dividends
29 080
80 750
-
-
withholding
5 890
16 740
-
-
total
5 890
16 740
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 271
30 990
44 710
44 083
After tax
56 729
64 010
50 290
50 917
Living cost
33 541
33 541
33 541
33 541
Free-cash
23 188
30 469
16 749
17 376

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58923
₽64758
₽58286
₽55355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
unemployment
-
-
-
134
income
-
-
-
14 250
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
23 178
Employee
21 805
-
88 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
8 844
-
total
5 338
-
13 686
-
Employer
21 805
-
88 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
68 917
95 000
-
-
income
6 892
9 500
-
-
total
6 892
9 500
-
-
Dividends
62 025
85 500
-
-
withholding
3 101
4 275
-
-
total
3 101
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 610
13 775
20 247
23 178
After tax
75 390
81 225
74 753
71 822
Living cost
16 467
16 467
16 467
16 467
Free-cash
58 923
64 758
58 286
55 355

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24651
₽12167
₽30844
₽23580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
7 264
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.

-
-
-
19 707
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.

-
-
-
6 520
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.

-
-
-
1 083
total
-
-
-
34 574
Employee

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

47 486
-
95 000
-
surtax

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

216
-
1 083
-
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.

6 520
-
6 520
-
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.

3 905
-
19 707
-
total
10 641
-
27 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 514
95 000
-
-
trade
6 819
13 632
-
-
income
7 127
14 250
-
-
surtax

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

391
784
-
-
chamber of commerce
214
284
-
-
total
14 551
28 950
-
-
Dividends
32 963
66 049
-
-
withholding
7 878
16 150
-
-
surtax

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

433
887
-
-
total
8 311
17 037
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 503
45 987
27 310
34 574
After tax
61 497
49 013
67 690
60 426
Living cost
36 846
36 846
36 846
36 846
Free-cash
24 651
12 167
30 844
23 580

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14242
₽12136
₽9970
₽9970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 439
income
-
-
-
22 226
total
-
-
-
30 665
Employee
74 653
-
95 000
-
social contributions
6 202
-
8 439
-
income
14 087
-
22 226
-
total
20 289
-
30 665
-
Employer
74 653
-
95 000
-
total
-
-
-
-
Corporate
20 347
95 000
-
-
income
2 543
11 875
-
-
total
2 543
11 875
-
-
Dividends
17 804
83 125
-
-
withholding
3 561
16 624
-
-
total
3 561
16 624
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 393
28 499
30 665
30 665
After tax
68 607
66 501
64 335
64 335
Living cost
54 365
54 365
54 365
54 365
Free-cash
14 242
12 136
9 970
9 970

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
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.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25874
₽22064
₽35118
₽27364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 000
health

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

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
90 610
-
social contributions
4 387
-
4 390
-
income
4 751
-
16 458
-
total
9 138
-
20 848
-
Employer
43 781
-
90 610
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
46 832
95 000
-
-
income
16 391
33 250
-
-
total
16 391
33 250
-
-
Dividends
30 442
61 750
-
-
social contributions
4 566
5 042
-
-
total
4 566
5 042
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 482
38 292
25 238
32 992
After tax
60 518
56 708
69 762
62 008
Living cost
34 644
34 644
34 644
34 644
Free-cash
25 874
22 064
35 118
27 364

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30539
₽34703
₽24222
₽33231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 526
pensions
-
-
-
6 963
total
-
-
-
26 489
Employee
48 426
-
83 656
-
health
632
-
1 353
-
pensions
3 696
-
7 924
-
income
8 819
-
14 877
-
total
13 147
-
24 154
-
Employer
48 426
-
83 656
-
pensions
4 893
-
9 754
-
health
920
-
1 590
-
total
5 813
-
11 344
-
Corporate
40 761
95 000
-
-
income

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

7 744
18 050
-
-
total
7 744
18 050
-
-
Dividends
33 017
76 950
-
-
withholding
2 477
6 967
-
-
total
2 477
6 967
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 181
25 017
35 498
26 489
After tax
65 819
69 983
59 502
68 511
Living cost
35 280
35 280
35 280
35 280
Free-cash
30 539
34 703
24 222
33 231

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
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.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4127
-₽15556
₽25649
₽41968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
362
income
-
-
-
22 983
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
29 781
Employee
36 575
-
80 913
-
health
4 188
-
9 265
-
pensions
4 118
-
7 447
-
income
5 018
-
15 302
-
total
13 324
-
32 014
-
Employer
36 575
-
80 913
-
accident
611
-
1 351
-
pensions
5 947
-
10 753
-
unemployment
896
-
1 982
-
total
7 454
-
14 086
-
Corporate
50 972
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.

45 875
85 500
-
-
total
45 875
85 500
-
-
Dividends
5 097
9 500
-
-
withholding
969
1 805
-
-
total
969
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
67 622
87 305
46 100
29 781
After tax
27 378
7 695
48 900
65 219
Living cost
23 251
23 251
23 251
23 251
Free-cash
4 127
-15 556
25 649
41 968

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63226
₽67057
₽46581
₽41431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

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

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

20 616
-
95 000
-
health insurance
1 526
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
pensions
3 793
-
14 035
-
income
2 062
-
14 559
-
total
7 731
-
35 534
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 384
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
74 384
94 050
-
-
withholding
11 158
14 108
-
-
total
11 158
14 108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 889
15 058
35 534
40 684
After tax
76 111
79 942
59 466
54 316
Living cost
12 885
12 885
12 885
12 885
Free-cash
63 226
67 057
46 581
41 431

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽7676
₽12020
₽5522
₽9867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 893
social contributions
-
-
-
24 434
municipal
-
-
-
636
national
-
-
-
20 150
total
-
-
-
47 113
Employee
80 422
-
95 000
-
national
13 591
-
17 262
-
regional
1 214
-
1 594
-
municipal
480
-
567
-
social contributions
27 118
-
32 035
-
total
42 403
-
51 458
-
Employer
80 422
-
95 000
-
total
-
-
-
-
Corporate
14 578
95 000
-
-
nationa
3 499
22 800
-
-
municipal
703
4 578
-
-
total
4 202
27 378
-
-
Dividends
10 376
67 621
-
-
withholding
2 699
17 582
-
-
total
2 699
17 582
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 304
44 960
51 458
47 113
After tax
45 696
50 040
43 542
47 887
Living cost
38 020
38 020
38 020
38 020
Free-cash
7 676
12 020
5 522
9 867

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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