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
₽39166
₽19774
₽31034
₽30093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax

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

-
-
-
1 106
trade
-
-
-
8 132
income

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

-
-
-
20 104
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.

-
-
-
6 372
total
-
-
-
35 714
Employee

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

35 675
-
95 000
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
1 106
-
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.

997
-
20 104
-
total
7 424
-
27 582
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 325
95 000
-
-
chamber of commerce
227
278
-
-
trade
9 344
14 962
-
-
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.

489
784
-
-
income
8 898
14 251
-
-
total
18 958
30 275
-
-
Dividends
40 368
64 725
-
-
withholding
9 737
15 828
-
-
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.

536
871
-
-
total
10 273
16 699
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 655
46 974
27 582
35 714
After tax
58 345
48 026
67 418
59 286
Living cost
28 252
28 252
28 252
28 252
Free-cash
30 093
19 774
39 166
31 034

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8458
₽9543
₽7713
₽8716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
9 856
social contributions
-
-
-
1 021
national
-
-
-
15 273
pensions
-
-
-
11 400
total
-
-
-
37 550
Employee
77 101
-
82 127
-
pensions
3 084
-
3 285
-
national
14 757
-
15 843
-
municipal
9 523
-
10 224
-
total
27 364
-
29 352
-
Employer
77 101
-
82 127
-
pensions
6 168
-
6 570
-
social contributions
829
-
883
-
total
6 997
-
7 453
-
Corporate
5 813
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%.

1 163
19 000
-
-
total
1 163
19 000
-
-
Dividends
4 650
76 000
-
-
withholding
1 023
16 720
-
-
total
1 023
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 547
35 720
36 805
37 550
After tax
58 453
59 280
58 195
57 450
Living cost
49 737
49 737
49 737
49 737
Free-cash
8 716
9 543
8 458
7 713

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34122
₽56595
₽31290
₽48944
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
30 542
income
-
-
-
13 763
total
-
-
-
44 305
Employee
27 255
-
76 558
-
social contributions

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

2 998
-
8 422
-
surtax
-
-
-
-
income
4 852
-
14 609
-
total
7 850
-
23 031
-
Employer
27 255
-
76 558
-
surtax
-
-
-
-
social contributions

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

6 565
-
18 442
-
total
6 565
-
18 442
-
Corporate
61 180
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%.

12 236
19 000
-
-
total
12 236
19 000
-
-
Dividends

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

48 944
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 651
19 000
41 473
44 305
After tax
68 349
76 000
53 527
50 695
Living cost
19 405
19 405
19 405
19 405
Free-cash
48 944
56 595
34 122
31 290

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
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.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7340
₽6927
₽14842
₽1213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 884
pensions
-
-
-
10 928
health
-
-
-
11 273
total
-
-
-
41 085
Employee
79 651
79 651
80 845
-
health
12 226
10 399
10 466
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
34 432
-
Employer
79 651
79 651
80 845
-
unemployment
2 867
2 867
2 910
-
health
5 537
5 537
5 618
-
pensions
5 544
5 544
5 627
-
total
13 948
13 948
14 155
-
Corporate
2 378
1 401
-
-
income
476
280
-
-
total
476
280
-
-
Dividends
1 902
1 121
-
-
withholding
285
168
-
-
income
404
239
-
-
total
689
407
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 714
49 000
48 587
41 085
After tax
40 286
46 000
46 413
53 915
Living cost
39 073
39 073
39 073
39 073
Free-cash
1 213
6 927
7 340
14 842

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13047
₽14186
₽12195
₽13341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
21 194
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
-
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
45 121
Employee
53 696
-
72 287
-
national
-
-
-
-
municipal
16 012
-
21 556
-
total
16 012
-
21 556
-
Employer
53 696
-
72 287
-
unemployment
1 418
-
1 908
-
accident
107
-
145
-
health
3 302
-
4 446
-
pensions
5 804
-
7 814
-
other
6 240
-
8 400
-
total
16 871
-
22 713
-
Corporate
24 432
95 000
-
-
income
5 375
20 900
-
-
total
5 375
20 900
-
-
Dividends
19 057
74 100
-
-
withholding
5 717
22 230
-
-
total
5 717
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 975
43 130
44 269
45 121
After tax
51 025
51 870
50 731
49 879
Living cost
37 684
37 684
37 684
37 684
Free-cash
13 341
14 186
13 047
12 195

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30776
₽10896
₽22282
₽24005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax

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

-
-
-
1 106
trade
-
-
-
8 494
income

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

-
-
-
20 104
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.

-
-
-
6 372
total
-
-
-
36 076
Employee

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

47 301
-
95 000
-
health

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

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

6 372
-
6 372
-
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.

223
-
1 106
-
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.

4 064
-
20 104
-
total
10 659
-
27 582
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 699
95 000
-
-
chamber of commerce
209
276
-
-
trade
7 847
15 628
-
-
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.

393
784
-
-
income
7 154
14 251
-
-
total
15 603
30 939
-
-
Dividends
32 096
64 062
-
-
withholding
7 670
15 661
-
-
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.

421
862
-
-
total
8 091
16 523
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 353
47 462
27 582
36 076
After tax
60 647
47 538
67 418
58 924
Living cost
36 642
36 642
36 642
36 642
Free-cash
24 005
10 896
30 776
22 282

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and 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 Hamburg model

Close
Limassol , Cyprus
₽36810
₽39275
₽36903
₽35410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 601
health
-
-
-
2 423
total
-
-
-
27 844
Employee
71 723
71 723
86 247
-
health
713
1 220
1 466
-
social contributions
3 485
5 953
7 158
-
income
7 531
6 639
10 560
-
total
11 729
13 812
19 184
-
Employer
71 723
71 723
86 247
-
health
777
1 328
1 595
-
social contributions
3 485
5 953
7 158
-
total
4 262
7 281
8 753
-
Corporate
48 755
15 997
-
-
income
6 094
2 000
-
-
total
6 094
2 000
-
-
Dividends
42 660
13 997
-
-
withholding
7 252
2 379
-
-
total
7 252
2 379
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 337
25 472
27 937
27 844
After tax
65 663
69 528
67 063
67 156
Living cost
30 253
30 253
30 253
30 253
Free-cash
35 410
39 275
36 810
36 903

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38369
₽36803
₽49108
₽37150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 110
9 596
79 498
-
health
1 688
672
5 565
-
pensions
2 411
960
7 950
-
unemployment
362
144
1 192
-
income
2 948
1 173
9 719
-
total
7 409
2 949
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.

24 110
9 596
79 498
-
pensions
4 702
1 871
15 502
-
total
4 702
1 871
15 502
-
Corporate
66 188
83 533
-
-
income
5 957
7 518
-
-
total
5 957
7 518
-
-
Dividends
60 231
76 015
-
-
withholding
11 444
14 443
-
-
social contributions
11 635
14 713
-
-
total
23 079
29 156
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 147
41 494
39 928
29 189
After tax
53 853
53 506
55 072
65 811
Living cost
16 703
16 703
16 703
16 703
Free-cash
37 150
36 803
38 369
49 108

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32228
₽53471
₽28391
₽47678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
26 460
-
71 000
-
unemployment
423
-
1 136
-
pensions
529
-
1 420
-
income
2 979
-
13 689
-
total
3 931
-
16 245
-
Employer
26 460
-
71 000
-
unemployment
212
-
568
-
health
3 439
-
9 231
-
pensions
5 292
-
14 199
-
total
8 943
-
23 998
-
Corporate
59 596
95 000
-
-
income
11 919
19 000
-
-
total
11 919
19 000
-
-
Dividends
47 676
76 000
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
24 793
19 000
40 243
44 080
After tax
70 207
76 000
54 757
50 920
Living cost
22 529
22 529
22 529
22 529
Free-cash
47 678
53 471
32 228
28 391

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28252
-₽13134
₽44372
₽4500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
23 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
29 799
Employee
32 765
-
81 223
-
health
3 752
-
9 300
-
pensions
3 689
-
7 223
-
income
4 495
-
15 619
-
total
11 936
-
32 142
-
Employer
32 765
-
81 223
-
unemployment
803
-
1 990
-
accident
547
-
1 356
-
pensions
5 328
-
10 431
-
total
6 678
-
13 777
-
Corporate
55 557
95 000
-
-
income

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

50 001
85 500
-
-
total
50 001
85 500
-
-
Dividends
5 556
9 500
-
-
withholding
1 056
1 805
-
-
total
1 056
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 671
87 305
45 919
29 799
After tax
25 329
7 695
49 081
65 201
Living cost
20 829
20 829
20 829
20 829
Free-cash
4 500
-13 134
28 252
44 372

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68446
₽82696
₽86496
₽81280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
95 000
-
income
1 888
-
19 000
-
total
1 888
-
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%.

85 557
95 000
-
-
total
-
-
-
-
Dividends
85 557
95 000
-
-
withholding
4 278
4 750
-
-
total
4 278
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 166
4 750
19 000
950
After tax
88 834
90 250
76 000
94 050
Living cost
7 554
7 554
7 554
7 554
Free-cash
81 280
82 696
68 446
86 496

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30653
₽44944
₽26588
₽38647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
4 512
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
-
-
-
4 181
total
-
-
-
43 559
Employee
33 866
-
75 878
-
health
474
-
1 062
-
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.

2 370
-
5 312
-
unemployment
338
-
759
-
income
5 830
-
13 240
-
total
9 012
-
20 373
-
Employer
33 866
-
75 878
-
unemployment
338
-
759
-
accident
271
-
607
-
health
474
-
1 062
-
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.

5 758
-
12 900
-
other
1 694
-
3 793
-
total
8 535
-
19 121
-
Corporate
52 598
95 000
-
-
income
11 045
19 950
-
-
total
11 045
19 950
-
-
Dividends
41 553
75 050
-
-
withholding
2 908
5 253
-
-
total
2 908
5 253
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 500
25 203
39 494
43 559
After tax
63 500
69 797
55 506
51 441
Living cost
24 853
24 853
24 853
24 853
Free-cash
38 647
44 944
30 653
26 588

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3337
₽6974
₽5517
-₽6041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 695
pensions
-
-
-
6 982
total
-
-
-
26 677
Employee
88 860
-
83 639
-
health
1 464
-
1 357
-
pensions
8 573
-
7 946
-
income
16 018
-
14 868
-
total
26 055
-
24 171
-
Employer
88 860
-
83 639
-
health
1 688
-
1 588
-
pensions
10 492
-
9 772
-
total
12 180
-
11 360
-
Corporate
-
95 000
-
-
income

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

-
18 049
-
-
total
-
18 049
-
-
Dividends
-
76 951
-
-
withholding
-
7 171
-
-
total
-
7 171
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 235
25 220
35 531
26 677
After tax
56 765
69 780
59 469
68 323
Living cost
62 806
62 806
62 806
62 806
Free-cash
-6 041
6 974
-3 337
5 517

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62790
₽68991
₽59814
₽64658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
14 250
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
22 952
Employee
16 200
-
88 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
8 860
-
total
3 965
-
13 580
-
Employer
16 200
-
88 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
75 621
95 000
-
-
income
7 562
9 500
-
-
total
7 562
9 500
-
-
Dividends
68 059
85 500
-
-
withholding
3 403
4 275
-
-
total
3 403
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 108
13 775
19 976
22 952
After tax
76 892
81 225
75 024
72 048
Living cost
12 234
12 234
12 234
12 234
Free-cash
64 658
68 991
62 790
59 814

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽5308
-₽5721
₽2194
-₽6615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 884
pensions
-
-
-
10 928
health
-
-
-
11 273
total
-
-
-
41 085
Employee
86 476
79 651
80 845
-
health
10 788
10 399
10 466
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
34 432
-
Employer
86 476
79 651
80 845
-
unemployment
3 113
2 867
2 910
-
health
6 009
5 537
5 618
-
pensions
6 018
5 544
5 627
-
total
15 140
13 948
14 155
-
Corporate
-
1 401
-
-
income
-
280
-
-
total
-
280
-
-
Dividends
-
1 121
-
-
withholding
-
168
-
-
income
-
239
-
-
total
-
407
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 894
49 000
48 587
41 085
After tax
45 106
46 000
46 413
53 915
Living cost
51 721
51 721
51 721
51 721
Free-cash
-6 615
-5 721
-5 308
2 194

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25418
₽42616
₽23479
₽34484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 740
income
-
-
-
8 165
health
-
-
-
12 825
total
-
-
-
48 730
Employee
33 517
-
70 895
-
health
4 525
-
9 571
-
social contributions
2 179
-
4 608
-
solidarity contribution
-
-
-
-
income
4 022
-
8 507
-
total
10 726
-
22 686
-
Employer
33 517
-
70 895
-
health
3 017
-
6 381
-
social contributions
8 379
-
17 724
-
total
11 396
-
24 105
-
Corporate
50 088
95 000
-
-
income
9 517
18 050
-
-
total
9 517
18 050
-
-
Dividends
40 571
76 950
-
-
withholding
6 086
11 543
-
-
total
6 086
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 725
29 593
46 791
48 730
After tax
57 275
65 407
48 209
46 270
Living cost
22 791
22 791
22 791
22 791
Free-cash
34 484
42 616
25 418
23 479

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4770
₽11329
₽9290
₽6458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
565
social contributions
-
-
-
24 434
national
-
-
-
20 302
regional
-
-
-
1 051
total
-
-
-
46 352
Employee
82 895
-
95 000
-
social contributions
27 952
-
32 034
-
national
14 364
-
17 414
-
regional
782
-
920
-
municipal
439
-
504
-
total
43 537
-
50 872
-
Employer
82 895
-
95 000
-
total
-
-
-
-
Corporate
12 105
95 000
-
-
municipal
473
3 705
-
-
nationa
2 905
22 800
-
-
total
3 378
26 505
-
-
Dividends
8 727
68 496
-
-
withholding
2 269
17 808
-
-
total
2 269
17 808
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 184
44 313
50 872
46 352
After tax
45 816
50 687
44 128
48 648
Living cost
39 358
39 358
39 358
39 358
Free-cash
6 458
11 329
4 770
9 290

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26275
₽39173
₽28117
₽36270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
2 232
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
18 111
pensions
-
-
-
19 000
health
-
-
-
6 746
total
-
-
-
46 301
Employee
30 845
-
78 479
-
health
788
-
2 000
-
pensions
2 057
-
5 234
-
unemployment
2 147
-
5 462
-
surtax
101
-
2 021
-
other
-
-
-
-
income
5 170
-
16 906
-
total
10 263
-
31 623
-
Employer
30 845
-
78 479
-
unemployment
977
-
2 487
-
health
1 404
-
3 572
-
pensions
4 112
-
10 461
-
other
-
-
-
-
total
6 493
-
16 520
-
Corporate
57 663
95 000
-
-
income
14 992
24 701
-
-
total
14 992
24 701
-
-
Dividends
42 670
70 299
-
-
withholding
6 400
10 544
-
-
total
6 400
10 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 148
35 245
48 143
46 301
After tax
56 852
59 755
46 857
48 699
Living cost
20 582
20 582
20 582
20 582
Free-cash
36 270
39 173
26 275
28 117

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽16562
₽26873
₽25416
₽20881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 695
pensions
-
-
-
6 982
total
-
-
-
26 677
Employee
59 552
-
83 639
-
health
864
-
1 357
-
pensions
5 055
-
7 946
-
income
10 726
-
14 868
-
total
16 645
-
24 171
-
Employer
59 552
-
83 639
-
health
1 131
-
1 588
-
pensions
6 447
-
9 772
-
total
7 578
-
11 360
-
Corporate
27 870
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.

5 295
18 049
-
-
total
5 295
18 049
-
-
Dividends
22 576
76 951
-
-
withholding
1 694
7 171
-
-
total
1 694
7 171
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 212
25 220
35 531
26 677
After tax
63 788
69 780
59 469
68 323
Living cost
42 907
42 907
42 907
42 907
Free-cash
20 881
26 873
16 562
25 416

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽793
-₽30329
₽5573
₽444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 000
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
national
-
-
-
563
pensions
-
-
-
8 740
regional
-
-
-
3 212
health
-
-
-
241
total
-
-
-
15 656
Employee
86 331
-
85 028
-
health
195
-
191
-
pensions
7 253
-
7 143
-
unemployment
-
-
-
-
city
927
-
913
-
national
409
-
397
-
regional
2 827
-
2 757
-
total
11 611
-
11 401
-
Employer
86 331
-
85 028
-
unemployment
-
-
-
-
health
195
-
191
-
pensions
7 253
-
7 143
-
other

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

1 726
-
1 701
-
total
9 174
-
9 035
-
Corporate
-
95 000
-
-
regional
-
20 093
-
-
national
-
8 075
-
-
total
-
28 168
-
-
Dividends
-
66 831
-
-
withholding
-
23 390
-
-
total
-
23 390
-
-
Income
95 000
95 000
95 000
95 000
Total tax
20 785
51 558
20 436
15 656
After tax
74 215
43 442
74 564
79 344
Living cost
73 771
73 771
73 771
73 771
Free-cash
444
-30 329
793
5 573

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24689
₽4321
₽15834
₽19448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax

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

-
-
-
1 106
trade
-
-
-
8 855
income

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

-
-
-
20 104
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.

-
-
-
6 372
total
-
-
-
36 437
Employee

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

56 055
-
95 000
-
health

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

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

6 372
-
6 372
-
surtax

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

363
-
1 106
-
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.

6 592
-
20 104
-
total
13 327
-
27 582
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 945
95 000
-
-
chamber of commerce
196
276
-
-
trade
6 678
16 293
-
-
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.

322
784
-
-
income
5 841
14 251
-
-
total
13 037
31 604
-
-
Dividends
25 906
63 396
-
-
withholding
6 123
15 495
-
-
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.

336
851
-
-
total
6 459
16 346
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 823
47 950
27 582
36 437
After tax
62 177
47 050
67 418
58 563
Living cost
42 729
42 729
42 729
42 729
Free-cash
19 448
4 321
24 689
15 834

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27821
₽15969
₽22743
₽21476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
other
-
-
-
2 949
social contributions
-
-
-
2 708
income
-
-
-
9 290
pensions
-
-
-
23 545
health
-
-
-
1 853
total
-
-
-
40 345
Employee
39 919
-
77 064
-
social contributions
1 138
-
2 197
-
pensions
4 514
-
3 703
-
surtax
-
-
-
-
income
2 356
-
11 430
-
total
8 008
-
17 330
-
Employer
39 919
-
77 064
-
unemployment
1 616
-
3 121
-
health
2 795
-
5 395
-
pensions
6 558
-
6 530
-
other
1 377
-
2 659
-
social contributions
120
-
232
-
total
12 466
-
17 937
-
Corporate
42 614
95 000
-
-
surtax
-
-
-
-
income
11 932
26 600
-
-
total
11 932
26 600
-
-
Dividends
30 682
68 400
-
-
withholding
3 928
8 755
-
-
surtax
-
-
-
-
social contributions
5 278
11 764
-
-
total
9 206
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 612
47 119
35 267
40 345
After tax
53 388
47 881
59 733
54 655
Living cost
31 912
31 912
31 912
31 912
Free-cash
21 476
15 969
27 821
22 743

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30983
₽19131
₽25905
₽24312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
other
-
-
-
2 949
social contributions
-
-
-
2 708
income
-
-
-
9 290
pensions
-
-
-
23 545
health
-
-
-
1 853
total
-
-
-
40 345
Employee
35 634
-
77 064
-
social contributions
1 016
-
2 197
-
pensions
4 030
-
3 703
-
surtax
-
-
-
-
income
1 837
-
11 430
-
total
6 883
-
17 330
-
Employer
35 634
-
77 064
-
unemployment
1 443
-
3 121
-
health
2 494
-
5 395
-
pensions
5 855
-
6 530
-
other
1 230
-
2 659
-
social contributions
106
-
232
-
total
11 128
-
17 937
-
Corporate
48 238
95 000
-
-
surtax
-
-
-
-
income
13 507
26 600
-
-
total
13 507
26 600
-
-
Dividends
34 731
68 400
-
-
withholding
4 446
8 755
-
-
surtax
-
-
-
-
social contributions
5 974
11 764
-
-
total
10 420
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 938
47 119
35 267
40 345
After tax
53 062
47 881
59 733
54 655
Living cost
28 750
28 750
28 750
28 750
Free-cash
24 312
19 131
30 983
25 905

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41307
₽38180
₽41229
₽38665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 251
health
-
-
-
6 631
total
-
-
-
33 993
Employee
31 625
-
95 000
-
health
2 207
-
6 631
-
social contributions
4 365
-
13 111
-
income
5 275
-
14 173
-
total
11 847
-
33 915
-
Employer
31 625
-
95 000
-
total
-
-
-
-
Corporate
63 375
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%.

3 168
4 751
-
-
total
3 168
4 751
-
-
Dividends
60 207
90 249
-
-
withholding
9 031
13 537
-
-
health
4 202
6 300
-
-
social contributions
8 309
12 454
-
-
total
21 542
32 291
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 557
37 042
33 915
33 993
After tax
58 443
57 958
61 085
61 007
Living cost
19 778
19 778
19 778
19 778
Free-cash
38 665
38 180
41 307
41 229

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4269
₽20359
₽15092
₽18915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
184
chamber of commerce
-
-
-
381
unemployment
-
-
-
5 721
income
-
-
-
15 913
pensions
-
-
-
17 575
health
-
-
-
7 268
total
-
-
-
47 042
Employee
46 614
37 171
73 627
-
health
1 804
1 439
2 850
-
pensions
4 774
3 806
7 539
-
unemployment
1 398
1 115
2 209
-
other
466
372
736
-
income
5 307
2 742
14 173
-
total
13 749
9 474
27 507
-
Employer
46 614
37 171
73 627
-
unemployment
1 398
1 115
2 209
-
payroll
1 398
1 115
2 209
-
accident
605
483
958
-
health
1 761
1 405
2 782
-
pensions
5 850
4 666
9 240
-
other
2 214
1 765
3 498
-
surtax
184
184
184
-
chamber of commerce
186
149
294
-
total
13 596
10 882
21 374
-
Corporate
34 789
46 947
70 087
-
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.

8 698
11 737
17 522
-
total
8 698
11 737
17 522
-
Dividends
26 091
35 210
-
-
withholding
7 176
9 682
-
-
total
7 176
9 682
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 219
41 775
66 403
47 042
After tax
51 781
53 225
28 597
47 958
Living cost
32 866
32 866
32 866
32 866
Free-cash
18 915
20 359
-4 269
15 092

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
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.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2920
₽19263
₽10399
₽5276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 913
communal

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

-
-
-
4 806
national
-
-
-
30 873
total
-
-
-
50 592
Employee

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

66 719
-
73 579
-
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.

3 135
-
3 459
-
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.

5 004
-
5 519
-
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.

581
-
641
-
national
20 512
-
23 194
-
communal

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

3 480
-
3 837
-
total
32 712
-
36 650
-
Employer

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

66 719
-
73 579
-
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.

974
-
1 074
-
accident

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

867
-
958
-
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.

4 103
-
4 526
-
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.

5 912
-
6 519
-
surtax
7 565
-
8 344
-
total
19 421
-
21 421
-
Corporate
8 860
95 000
-
-
surtax
35
381
-
-
income
1 772
19 000
-
-
total
1 807
19 381
-
-
Dividends
7 053
75 620
-
-
withholding

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

1 775
22 347
-
-
total
1 775
22 347
-
-
Income
95 000
95 000
95 000
95 000
Total tax
55 715
41 728
58 071
50 592
After tax
39 285
53 272
36 929
44 408
Living cost
34 009
34 009
34 009
34 009
Free-cash
5 276
19 263
2 920
10 399

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16422
₽30319
₽17434
₽22889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
17 945
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
43 881
Employee
46 429
-
72 036
-
pensions
2 182
-
3 386
-
unemployment
720
-
1 117
-
other
46
-
73
-
income
9 796
-
17 353
-
total
12 744
-
21 929
-
Employer
46 429
-
72 036
-
unemployment
2 554
-
3 961
-
accident
919
-
1 427
-
pensions
10 957
-
17 001
-
other
370
-
575
-
total
14 800
-
22 964
-
Corporate
33 772
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.

5 066
14 251
-
-
total
5 066
14 251
-
-
Dividends
28 706
80 749
-
-
withholding
5 816
16 745
-
-
total
5 816
16 745
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 426
30 996
44 893
43 881
After tax
56 574
64 004
50 107
51 119
Living cost
33 685
33 685
33 685
33 685
Free-cash
22 889
30 319
16 422
17 434

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7689
₽7403
₽3470
₽968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
4 710
income
-
-
-
8 411
communal
-
-
-
6 004
pensions
-
-
-
14 240
accident
-
-
-
802
health
-
-
-
6 675
total
-
-
-
40 842
Employee
70 635
-
84 861
-
health
3 144
-
3 775
-
pensions
5 650
-
6 788
-
surtax
4 329
-
5 200
-
income
6 823
-
10 721
-
total
19 946
-
26 484
-
Employer
70 635
-
84 861
-
accident
635
-
763
-
health
2 154
-
2 588
-
pensions
5 650
-
6 788
-
total
8 439
-
10 139
-
Corporate
15 926
95 000
-
-
communal
-
6 413
-
-
surtax
166
998
-
-
income
2 390
14 251
-
-
total
2 556
21 662
-
-
Dividends
13 370
73 338
-
-
withholding
2 005
11 001
-
-
income
10 398
4 246
-
-
total
12 403
15 247
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 344
36 909
36 623
40 842
After tax
51 656
58 091
58 377
54 158
Living cost
50 688
50 688
50 688
50 688
Free-cash
968
7 403
7 689
3 470

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25907
₽38805
₽27749
₽35838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
2 232
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
18 111
pensions
-
-
-
19 000
health
-
-
-
6 746
total
-
-
-
46 301
Employee
31 411
-
78 479
-
health
802
-
2 000
-
pensions
2 096
-
5 234
-
unemployment
2 186
-
5 462
-
surtax
112
-
2 021
-
other
-
-
-
-
income
5 266
-
16 906
-
total
10 462
-
31 623
-
Employer
31 411
-
78 479
-
unemployment
997
-
2 487
-
health
1 428
-
3 572
-
pensions
4 188
-
10 461
-
other
-
-
-
-
total
6 613
-
16 520
-
Corporate
56 976
95 000
-
-
income
14 813
24 701
-
-
total
14 813
24 701
-
-
Dividends
42 163
70 299
-
-
withholding
6 324
10 544
-
-
total
6 324
10 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 212
35 245
48 143
46 301
After tax
56 788
59 755
46 857
48 699
Living cost
20 950
20 950
20 950
20 950
Free-cash
35 838
38 805
25 907
27 749

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18643
₽24808
₽23140
₽22737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
565
social contributions
-
-
-
24 434
national
-
-
-
20 302
regional
-
-
-
1 433
total
-
-
-
46 734
Employee
51 740
-
95 000
-
social contributions
17 447
-
32 034
-
national
8 197
-
17 414
-
regional
697
-
1 279
-
municipal
274
-
504
-
total
26 615
-
51 231
-
Employer
51 740
-
95 000
-
total
-
-
-
-
Corporate
43 260
95 000
-
-
municipal
2 151
4 721
-
-
nationa
10 383
22 800
-
-
total
12 534
27 521
-
-
Dividends
30 726
67 480
-
-
withholding
7 988
17 545
-
-
total
7 988
17 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 137
45 066
51 231
46 734
After tax
47 863
49 934
43 769
48 266
Living cost
25 126
25 126
25 126
25 126
Free-cash
22 737
24 808
18 643
23 140

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20124
₽37322
₽18185
₽27303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 740
income
-
-
-
8 165
health
-
-
-
12 825
total
-
-
-
48 730
Employee
41 301
-
70 895
-
health
5 576
-
9 571
-
social contributions
2 685
-
4 608
-
solidarity contribution
-
-
-
-
income
4 956
-
8 507
-
total
13 217
-
22 686
-
Employer
41 301
-
70 895
-
health
3 717
-
6 381
-
social contributions
10 325
-
17 724
-
total
14 042
-
24 105
-
Corporate
39 656
95 000
-
-
income
7 535
18 050
-
-
total
7 535
18 050
-
-
Dividends
32 122
76 950
-
-
withholding
4 818
11 543
-
-
total
4 818
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 612
29 593
46 791
48 730
After tax
55 388
65 407
48 209
46 270
Living cost
28 085
28 085
28 085
28 085
Free-cash
27 303
37 322
20 124
18 185

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1125
₽23567
₽18385
₽23106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
chamber of commerce
-
-
-
381
unemployment
-
-
-
5 721
income
-
-
-
15 913
pensions
-
-
-
17 575
health
-
-
-
7 268
total
-
-
-
46 858
Employee
40 772
37 171
73 770
-
health
1 577
1 439
2 855
-
pensions
4 176
3 806
7 554
-
unemployment
1 223
1 115
2 213
-
other
407
372
738
-
income
3 632
2 742
14 220
-
total
11 015
9 474
27 580
-
Employer
40 772
37 171
73 770
-
unemployment
1 223
1 115
2 213
-
payroll
1 223
1 115
2 213
-
accident
529
483
959
-
health
1 542
1 405
2 788
-
pensions
5 117
4 666
9 259
-
other
1 936
1 765
3 503
-
surtax
-
-
-
-
chamber of commerce
163
149
296
-
total
11 733
10 698
21 231
-
Corporate
42 494
47 131
70 230
-
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.

10 624
11 783
17 557
-
total
10 624
11 783
17 557
-
Dividends
31 870
35 348
-
-
withholding
8 765
9 721
-
-
total
8 765
9 721
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 137
41 676
66 368
46 858
After tax
52 863
53 324
28 632
48 142
Living cost
29 757
29 757
29 757
29 757
Free-cash
23 106
23 567
-1 125
18 385

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
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.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64228
₽78478
₽82278
₽76271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
95 000
-
income
2 943
-
19 000
-
total
2 943
-
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%.

80 285
95 000
-
-
total
-
-
-
-
Dividends
80 285
95 000
-
-
withholding
4 014
4 750
-
-
total
4 014
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 957
4 750
19 000
950
After tax
88 043
90 250
76 000
94 050
Living cost
11 772
11 772
11 772
11 772
Free-cash
76 271
78 478
64 228
82 278

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21336
₽40389
₽24056
₽32587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 084
pensions
-
-
-
17 350
health
-
-
-
9 349
total
-
-
-
45 926
Employee

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

41 246
-
82 201
-
health
2 664
-
5 310
-
pensions
6 393
-
12 741
-
unemployment
58
-
115
-
income
7 113
-
17 682
-
total
16 228
-
35 848
-
Employer

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

41 246
-
82 201
-
unemployment
25
-
50
-
health
2 747
-
5 473
-
pensions
3 650
-
7 275
-
total
6 422
-
12 798
-
Corporate
47 333
95 000
-
-
income
8 994
18 051
-
-
total
8 994
18 051
-
-
Dividends
38 339
76 949
-
-
withholding
5 751
11 542
-
-
total
5 751
11 542
-
-
Income
95 000
95 000
95 000
95 000
Total tax
37 395
29 593
48 646
45 926
After tax
57 605
65 407
46 354
49 074
Living cost
25 018
25 018
25 018
25 018
Free-cash
32 587
40 389
21 336
24 056

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42793
₽17789
₽25644
-₽43255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
37 202
12 198
29 347
After tax
-3 246
57 798
82 802
65 653
Living cost
40 009
40 009
40 009
40 009
Free-cash
-43 255
17 789
42 793
25 644

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18866
₽24779
₽23786
₽23840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
income
-
-
-
8 944
total
-
-
-
41 957
Employee
42 898
-
76 767
-
social contributions
4 719
-
8 445
-
surtax
-
-
-
-
income
8 923
-
20 201
-
total
13 642
-
28 646
-
Employer
42 898
-
76 767
-
social contributions
10 188
-
18 231
-
total
10 188
-
18 231
-
Corporate
41 913
95 000
-
-
surtax
-
-
-
-
income
8 802
19 950
-
-
total
8 802
19 950
-
-
Dividends
33 111
75 050
-
-
withholding
9 271
21 014
-
-
total
9 271
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 903
40 964
46 877
41 957
After tax
53 097
54 036
48 123
53 043
Living cost
29 257
29 257
29 257
29 257
Free-cash
23 840
24 779
18 866
23 786

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14683
₽2831
₽9605
₽9241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
surtax
-
-
-
-
other
-
-
-
2 949
social contributions
-
-
-
2 708
income
-
-
-
9 290
pensions
-
-
-
23 545
health
-
-
-
1 853
total
-
-
-
40 345
Employee
58 419
-
77 064
-
social contributions
1 664
-
2 197
-
pensions
6 608
-
3 703
-
surtax
-
-
-
-
income
5 097
-
11 430
-
total
13 369
-
17 330
-
Employer
58 419
-
77 064
-
unemployment
2 367
-
3 121
-
health
4 089
-
5 395
-
pensions
9 599
-
6 530
-
other
2 016
-
2 659
-
social contributions
175
-
232
-
total
18 246
-
17 937
-
Corporate
18 336
95 000
-
-
surtax
-
-
-
-
income
5 135
26 600
-
-
total
5 135
26 600
-
-
Dividends
13 201
68 400
-
-
withholding
1 690
8 755
-
-
surtax
-
-
-
-
social contributions
2 269
11 764
-
-
total
3 959
20 519
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 709
47 119
35 267
40 345
After tax
54 291
47 881
59 733
54 655
Living cost
45 050
45 050
45 050
45 050
Free-cash
9 241
2 831
14 683
9 605

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46840
₽57462
₽44316
₽54329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 745
social contributions
-
-
-
20 901
total
-
-
-
22 646
Employee
29 986
-
82 250
-
social contributions
1 949
-
5 345
-
income
-
-
2 027
-
total
1 949
-
7 372
-
Employer
29 986
-
82 250
-
social contributions
4 648
-
12 750
-
total
4 648
-
12 750
-
Corporate
60 366
95 000
-
-
income
6 036
9 500
-
-
total
6 036
9 500
-
-
Dividends
54 330
85 500
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 633
9 500
20 122
22 646
After tax
82 367
85 500
74 878
72 354
Living cost
28 038
28 038
28 038
28 038
Free-cash
54 329
57 462
46 840
44 316

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽108226
-₽108226
₽13902
-₽108226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
17 731
labour market
-
-
-
7 535
national
-
-
-
10 102
pensions
-
-
-
809
total
-
-
-
36 177
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
158 305
158 305
158 305
36 177
After tax
-63 305
-63 305
-63 305
58 823
Living cost
44 921
44 921
44 921
44 921
Free-cash
-108 226
-108 226
-108 226
13 902

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28559
-₽12827
₽44679
₽4547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
23 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
29 799
Employee
32 282
-
81 223
-
health
3 697
-
9 300
-
pensions
3 635
-
7 223
-
income
4 429
-
15 619
-
total
11 761
-
32 142
-
Employer
32 282
-
81 223
-
unemployment
791
-
1 990
-
accident
539
-
1 356
-
pensions
5 249
-
10 431
-
total
6 579
-
13 777
-
Corporate
56 138
95 000
-
-
income

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

50 524
85 500
-
-
total
50 524
85 500
-
-
Dividends
5 614
9 500
-
-
withholding
1 067
1 805
-
-
total
1 067
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
69 931
87 305
45 919
29 799
After tax
25 069
7 695
49 081
65 201
Living cost
20 522
20 522
20 522
20 522
Free-cash
4 547
-12 827
28 559
44 679

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18251
₽27223
₽31457
₽25374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 907
national
-
-
-
9 752
health
-
-
-
1 074
total
-
-
-
27 733
Employee
49 073
-
79 919
-
health
366
-
841
-
pensions
3 312
-
5 395
-
unemployment
736
-
1 198
-
national
811
-
5 377
-
municipal
8 038
-
13 047
-
total
13 263
-
25 858
-
Employer
49 073
-
79 919
-
unemployment
319
-
519
-
accident
50
-
80
-
health
377
-
616
-
pensions
8 514
-
13 866
-
total
9 260
-
15 081
-
Corporate
36 668
95 000
-
-
income
7 333
19 000
-
-
total
7 333
19 000
-
-
Dividends

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

22 001
57 000
-
-
national
-
2 706
-
-
municipal
3 960
10 261
-
-
total
3 960
12 967
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 816
31 967
40 939
27 733
After tax
61 184
63 033
54 061
67 267
Living cost
35 810
35 810
35 810
35 810
Free-cash
25 374
27 223
18 251
31 457

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45468
₽47933
₽45561
₽42858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 601
health
-
-
-
2 423
total
-
-
-
27 844
Employee
71 723
71 723
86 247
-
health
556
1 220
1 466
-
social contributions
2 712
5 953
7 158
-
income
7 809
6 639
10 560
-
total
11 077
13 812
19 184
-
Employer
71 723
71 723
86 247
-
health
604
1 328
1 595
-
social contributions
2 712
5 953
7 158
-
total
3 316
7 281
8 753
-
Corporate
59 013
15 997
-
-
income
7 376
2 000
-
-
total
7 376
2 000
-
-
Dividends
51 637
13 997
-
-
withholding
8 778
2 379
-
-
total
8 778
2 379
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 547
25 472
27 937
27 844
After tax
64 453
69 528
67 063
67 156
Living cost
21 595
21 595
21 595
21 595
Free-cash
42 858
47 933
45 468
45 561

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43780
₽63861
₽61763
₽59116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 093
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
18 428
Employee

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

21 409
-
86 130
-
health
1 820
-
7 321
-
pensions
3 211
-
12 919
-
unemployment
106
-
430
-
income
1 464
-
6 871
-
total
6 601
-
27 541
-
Employer

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

21 409
-
86 130
-
unemployment
106
-
430
-
health
920
-
3 703
-
pensions
1 177
-
4 737
-
total
2 203
-
8 870
-
Corporate
71 387
95 000
-
-
income
6 425
8 549
-
-
total
6 425
8 549
-
-
Dividends
64 962
86 451
-
-
withholding
5 846
7 781
-
-
total
5 846
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 075
16 330
36 411
18 428
After tax
73 925
78 670
58 589
76 572
Living cost
14 809
14 809
14 809
14 809
Free-cash
59 116
63 861
43 780
61 763

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
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.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24458
₽38355
₽25470
₽33463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
17 945
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
43 881
Employee
34 489
-
72 036
-
pensions
1 621
-
3 386
-
unemployment
535
-
1 117
-
other
34
-
73
-
income
6 649
-
17 353
-
total
8 839
-
21 929
-
Employer
34 489
-
72 036
-
unemployment
1 897
-
3 961
-
accident
683
-
1 427
-
pensions
8 139
-
17 001
-
other
276
-
575
-
total
10 995
-
22 964
-
Corporate
49 516
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.

7 427
14 251
-
-
total
7 427
14 251
-
-
Dividends
42 089
80 749
-
-
withholding
8 627
16 745
-
-
total
8 627
16 745
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 888
30 996
44 893
43 881
After tax
59 112
64 004
50 107
51 119
Living cost
25 649
25 649
25 649
25 649
Free-cash
33 463
38 355
24 458
25 470

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58601
₽57381
₽58736
₽57069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
31 976
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
34 365
Employee
2 893
-
93 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
31 903
-
total
994
-
32 941
-
Employer
2 893
-
93 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
91 456
95 000
-
-
income
20 120
20 900
-
-
total
20 120
20 900
-
-
Dividends
71 336
74 100
-
-
withholding
14 267
14 820
-
-
total
14 267
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 032
35 720
34 500
34 365
After tax
58 968
59 280
60 500
60 635
Living cost
1 899
1 899
1 899
1 899
Free-cash
57 069
57 381
58 601
58 736

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34332
₽52504
₽34333
₽47916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
income
-
-
-
18 474
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
44 534
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.

24 328
-
82 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
18 474
-
total
8 194
-
32 194
-
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.

24 328
-
82 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
66 317
95 000
-
-
income
9 948
14 250
-
-
total
9 948
14 250
-
-
Dividends
56 370
80 750
-
-
withholding
8 455
12 113
-
-
total
8 455
12 113
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 951
26 363
44 535
44 534
After tax
64 049
68 637
50 465
50 466
Living cost
16 133
16 133
16 133
16 133
Free-cash
47 916
52 504
34 332
34 333

Estimated living cost  is ₽16133 per week

₽10863
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22977
₽28890
₽27897
₽28553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
income
-
-
-
8 944
total
-
-
-
41 957
Employee
36 201
-
76 767
-
social contributions
3 983
-
8 445
-
surtax
-
-
-
-
income
7 074
-
20 201
-
total
11 057
-
28 646
-
Employer
36 201
-
76 767
-
social contributions
8 597
-
18 231
-
total
8 597
-
18 231
-
Corporate
50 202
95 000
-
-
surtax
-
-
-
-
income
10 542
19 950
-
-
total
10 542
19 950
-
-
Dividends
39 659
75 050
-
-
withholding
11 105
21 014
-
-
total
11 105
21 014
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 301
40 964
46 877
41 957
After tax
53 699
54 036
48 123
53 043
Living cost
25 146
25 146
25 146
25 146
Free-cash
28 553
28 890
22 977
27 897

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17327
₽31224
₽18339
₽24113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
17 945
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
43 881
Employee
45 047
-
72 036
-
pensions
2 117
-
3 386
-
unemployment
697
-
1 117
-
other
44
-
73
-
income
9 409
-
17 353
-
total
12 267
-
21 929
-
Employer
45 047
-
72 036
-
unemployment
2 478
-
3 961
-
accident
892
-
1 427
-
pensions
10 631
-
17 001
-
other
361
-
575
-
total
14 362
-
22 964
-
Corporate
35 591
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.

5 338
14 251
-
-
total
5 338
14 251
-
-
Dividends
30 253
80 749
-
-
withholding
6 140
16 745
-
-
total
6 140
16 745
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 107
30 996
44 893
43 881
After tax
56 893
64 004
50 107
51 119
Living cost
32 780
32 780
32 780
32 780
Free-cash
24 113
31 224
17 327
18 339

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58972
₽65173
₽55996
₽59485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
14 250
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
22 952
Employee
21 255
-
88 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
8 860
-
total
5 204
-
13 580
-
Employer
21 255
-
88 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
69 575
95 000
-
-
income
6 957
9 500
-
-
total
6 957
9 500
-
-
Dividends
62 618
85 500
-
-
withholding
3 131
4 275
-
-
total
3 131
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 463
13 775
19 976
22 952
After tax
75 537
81 225
75 024
72 048
Living cost
16 052
16 052
16 052
16 052
Free-cash
59 485
65 173
58 972
55 996

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31408
₽12993
₽23999
₽25199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
surtax

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

-
-
-
1 106
trade
-
-
-
7 409
income

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

-
-
-
20 104
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.

-
-
-
6 372
total
-
-
-
34 991
Employee

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

46 409
-
95 000
-
health

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

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

6 372
-
6 372
-
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.

211
-
1 106
-
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.

3 816
-
20 104
-
total
10 399
-
27 582
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 591
95 000
-
-
chamber of commerce
212
281
-
-
trade
6 972
13 633
-
-
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.

400
784
-
-
income
7 289
14 251
-
-
total
14 873
28 949
-
-
Dividends
33 717
66 051
-
-
withholding
8 075
16 159
-
-
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.

444
889
-
-
total
8 519
17 048
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 791
45 997
27 582
34 991
After tax
61 209
49 003
67 418
60 009
Living cost
36 010
36 010
36 010
36 010
Free-cash
25 199
12 993
31 408
23 999

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10799
₽13369
₽10799
₽15429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
22 584
social contributions
-
-
-
8 485
total
-
-
-
31 069
Employee
72 960
-
95 000
-
social contributions
6 061
-
8 485
-
income
13 767
-
22 584
-
total
19 828
-
31 069
-
Employer
72 960
-
95 000
-
total
-
-
-
-
Corporate
22 040
95 000
-
-
income
2 754
11 875
-
-
total
2 754
11 875
-
-
Dividends
19 285
83 125
-
-
withholding
3 857
16 624
-
-
total
3 857
16 624
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 439
28 499
31 069
31 069
After tax
68 561
66 501
63 931
63 931
Living cost
53 132
53 132
53 132
53 132
Free-cash
15 429
13 369
10 799
10 799

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35938
₽22964
₽28910
₽26479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 000
income
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
90 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
16 622
-
total
8 930
-
20 913
-
Employer
42 788
-
90 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
47 925
95 000
-
-
income
16 773
33 250
-
-
total
16 773
33 250
-
-
Dividends
31 152
61 750
-
-
social contributions
4 673
4 928
-
-
total
4 673
4 928
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 663
38 178
25 204
32 232
After tax
60 337
56 822
69 796
62 768
Living cost
33 858
33 858
33 858
33 858
Free-cash
26 479
22 964
35 938
28 910

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24587
₽34898
₽33441
₽30999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 695
pensions
-
-
-
6 982
total
-
-
-
26 677
Employee
47 881
-
83 639
-
health
625
-
1 357
-
pensions
3 654
-
7 946
-
income
8 719
-
14 868
-
total
12 998
-
24 171
-
Employer
47 881
-
83 639
-
health
910
-
1 588
-
pensions
4 837
-
9 772
-
total
5 747
-
11 360
-
Corporate
41 372
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.

7 861
18 049
-
-
total
7 861
18 049
-
-
Dividends
33 511
76 951
-
-
withholding
2 513
7 171
-
-
total
2 513
7 171
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 119
25 220
35 531
26 677
After tax
65 881
69 780
59 469
68 323
Living cost
34 882
34 882
34 882
34 882
Free-cash
30 999
34 898
24 587
33 441

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26527
-₽14859
₽42647
₽4237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
23 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
29 799
Employee
35 478
-
81 223
-
health
4 062
-
9 300
-
pensions
3 995
-
7 223
-
income
4 867
-
15 619
-
total
12 924
-
32 142
-
Employer
35 478
-
81 223
-
unemployment
869
-
1 990
-
accident
592
-
1 356
-
pensions
5 768
-
10 431
-
total
7 229
-
13 777
-
Corporate
52 292
95 000
-
-
income

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

47 063
85 500
-
-
total
47 063
85 500
-
-
Dividends
5 229
9 500
-
-
withholding
993
1 805
-
-
total
993
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 209
87 305
45 919
29 799
After tax
26 791
7 695
49 081
65 201
Living cost
22 554
22 554
22 554
22 554
Free-cash
4 237
-14 859
26 527
42 647

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
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.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47256
₽67336
₽41655
₽63604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
7 030
income
-
-
-
14 613
pensions
-
-
-
17 480
work injury
-
-
-
475
total
-
-
-
40 738
Employee

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

20 172
-
95 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
14 613
-
total
7 565
-
35 137
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 828
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
74 828
94 050
-
-
withholding
11 224
14 107
-
-
total
11 224
14 107
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 789
15 057
35 137
40 738
After tax
76 211
79 943
59 863
54 262
Living cost
12 607
12 607
12 607
12 607
Free-cash
63 604
67 336
47 256
41 655

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6213
₽12881
₽10559
₽8637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
municipal
-
-
-
635
social contributions
-
-
-
24 434
national
-
-
-
20 302
regional
-
-
-
1 912
total
-
-
-
47 283
Employee
78 598
-
95 000
-
social contributions
26 503
-
32 034
-
national
13 282
-
17 414
-
regional
1 187
-
1 615
-
municipal
469
-
566
-
total
41 441
-
51 629
-
Employer
78 598
-
95 000
-
total
-
-
-
-
Corporate
16 402
95 000
-
-
municipal
791
4 579
-
-
nationa
3 937
22 800
-
-
total
4 728
27 379
-
-
Dividends
11 674
67 621
-
-
withholding
3 036
17 582
-
-
total
3 036
17 582
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 205
44 961
51 629
47 283
After tax
45 795
50 039
43 371
47 717
Living cost
37 158
37 158
37 158
37 158
Free-cash
8 637
12 881
6 213
10 559

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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