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
₽17309
₽28535
₽30114
₽37645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
trade
-
-
-
7 531
income

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

-
-
-
18 652
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.

-
-
-
6 934
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.

-
-
-
1 027
total
-
-
-
34 144
Employee

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

38 820
-
95 000
-
health

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

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

6 934
-
6 934
-
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.

60
-
1 027
-
income

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

1 084
-
18 652
-
total
8 078
-
26 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 180
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.

464
784
-
-
income
8 427
14 251
-
-
trade
8 848
14 962
-
-
chamber of commerce
235
291
-
-
total
17 974
30 288
-
-
Dividends
38 206
64 713
-
-
surtax

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

505
869
-
-
withholding
9 166
15 792
-
-
total
9 671
16 661
-
-
Income
95 000
95 000
95 000
95 000
Total tax
35 723
46 949
26 613
34 144
After tax
59 277
48 051
68 387
60 856
Living cost
30 742
30 742
30 742
30 742
Free-cash
28 535
17 309
37 645
30 114

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8132
₽7281
₽6391
₽7136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 821
pensions
-
-
-
11 400
national
-
-
-
15 219
social contributions
-
-
-
1 021
total
-
-
-
37 461
Employee
79 289
-
82 127
-
municipal
9 793
-
10 189
-
pensions
3 172
-
3 285
-
national
15 176
-
15 789
-
total
28 141
-
29 263
-
Employer
79 289
-
82 127
-
social contributions
852
-
883
-
pensions
6 343
-
6 570
-
total
7 195
-
7 453
-
Corporate
3 283
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%.

657
19 000
-
-
total
657
19 000
-
-
Dividends
2 626
76 000
-
-
withholding
578
16 720
-
-
total
578
16 720
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 571
35 720
36 716
37 461
After tax
58 429
59 280
58 284
57 539
Living cost
51 148
51 148
51 148
51 148
Free-cash
7 281
8 132
7 136
6 391

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54884
₽46560
₽29673
₽32506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
13 669
surtax
-
-
-
-
social contributions

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

-
-
-
30 543
total
-
-
-
44 212
Employee
29 657
-
76 558
-
social contributions

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

3 263
-
8 421
-
surtax
-
-
-
-
income
5 279
-
14 516
-
total
8 542
-
22 937
-
Employer
29 657
-
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.

7 144
-
18 442
-
surtax
-
-
-
-
total
7 144
-
18 442
-
Corporate
58 199
95 000
-
-
income

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

11 639
19 001
-
-
total
11 639
19 001
-
-
Dividends

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

46 560
75 999
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
27 325
19 001
41 379
44 212
After tax
67 675
75 999
53 621
50 788
Living cost
21 115
21 115
21 115
21 115
Free-cash
46 560
54 884
32 506
29 673

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89
-₽5786
₽11443
-₽5786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
17 359
pensions
-
-
-
11 891
health
-
-
-
11 789
total
-
-
-
41 039
Employee
86 673
86 673
86 673
-
health
13 303
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
15 601
-
total
43 091
37 394
43 091
-
Employer
86 673
86 673
86 673
-
unemployment
3 120
3 120
3 120
-
pensions
6 032
6 032
6 032
-
health
6 025
6 025
6 025
-
total
15 177
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
58 268
52 571
58 268
41 039
After tax
36 732
42 429
36 732
53 961
Living cost
42 518
42 518
42 518
42 518
Free-cash
-5 786
-89
-5 786
11 443

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12732
₽11854
₽10095
₽11593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 919
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
-
total
-
-
-
45 767
Employee
55 768
-
72 287
-
municipal
16 630
-
21 556
-
national
-
-
-
-
total
16 630
-
21 556
-
Employer
55 768
-
72 287
-
accident
112
-
145
-
other
6 480
-
8 400
-
unemployment
1 472
-
1 908
-
pensions
6 028
-
7 814
-
health
3 430
-
4 446
-
total
17 522
-
22 713
-
Corporate
21 710
95 000
-
-
income
4 776
20 900
-
-
total
4 776
20 900
-
-
Dividends
16 933
74 100
-
-
withholding
5 080
22 230
-
-
total
5 080
22 230
-
-
Income
95 000
95 000
95 000
95 000
Total tax
44 008
43 130
44 269
45 767
After tax
50 992
51 870
50 731
49 233
Living cost
39 138
39 138
39 138
39 138
Free-cash
11 854
12 732
11 593
10 095

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7692
₽21955
₽20652
₽28516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
trade
-
-
-
7 864
income

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

-
-
-
18 652
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.

-
-
-
6 934
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.

-
-
-
1 027
total
-
-
-
34 477
Employee

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

51 470
-
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.

6 934
-
6 934
-
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.

243
-
1 027
-
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.

4 422
-
18 652
-
total
11 599
-
26 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 530
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.

358
784
-
-
income
6 529
14 251
-
-
trade
7 161
15 628
-
-
chamber of commerce
216
289
-
-
total
14 264
30 952
-
-
Dividends
29 265
64 048
-
-
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.

381
859
-
-
withholding
6 930
15 626
-
-
total
7 311
16 485
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 174
47 437
26 613
34 477
After tax
61 826
47 563
68 387
60 523
Living cost
39 871
39 871
39 871
39 871
Free-cash
21 955
7 692
28 516
20 652

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36656
₽32448
₽35360
₽35263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
9 478
health
-
-
-
2 423
social contributions
-
-
-
14 819
total
-
-
-
26 720
Employee
78 045
78 045
86 246
-
social contributions
3 792
6 477
7 159
-
health
776
1 327
1 466
-
income
8 195
7 225
9 438
-
total
12 763
15 029
18 063
-
Employer
78 045
78 045
86 246
-
social contributions
3 792
6 477
7 159
-
health
846
1 445
1 595
-
total
4 638
7 922
8 754
-
Corporate
44 678
9 033
-
-
income
5 586
1 129
-
-
total
5 586
1 129
-
-
Dividends
39 093
7 905
-
-
withholding
6 645
1 344
-
-
total
6 645
1 344
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 632
25 424
26 817
26 720
After tax
65 368
69 576
68 183
68 280
Living cost
32 920
32 920
32 920
32 920
Free-cash
32 448
36 656
35 263
35 360

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35064
₽35449
₽47332
₽36593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

26 675
10 616
79 498
-
health
1 867
743
5 565
-
income
3 261
1 298
9 719
-
pensions
2 667
1 062
7 950
-
unemployment
400
159
1 192
-
total
8 195
3 262
24 426
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
79 498
-
pensions
5 202
2 070
15 502
-
total
5 202
2 070
15 502
-
Corporate
63 124
82 314
-
-
income
5 681
7 408
-
-
total
5 681
7 408
-
-
Dividends
57 443
74 905
-
-
social contributions
11 080
14 485
-
-
withholding
10 914
14 232
-
-
total
21 994
28 717
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 072
41 457
39 928
29 189
After tax
53 928
53 543
55 072
65 811
Living cost
18 479
18 479
18 479
18 479
Free-cash
35 449
35 064
36 593
47 332

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51484
₽45181
₽26405
₽30241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 729
pensions
-
-
-
19 001
health
-
-
-
12 350
total
-
-
-
44 080
Employee
28 793
-
71 001
-
income
3 242
-
13 689
-
pensions
576
-
1 420
-
unemployment
460
-
1 136
-
total
4 278
-
16 245
-
Employer
28 793
-
71 001
-
unemployment
231
-
568
-
pensions
5 759
-
14 201
-
health
3 742
-
9 230
-
total
9 732
-
23 999
-
Corporate
56 475
95 000
-
-
income
11 294
19 001
-
-
total
11 294
19 001
-
-
Dividends
45 181
75 999
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
25 304
19 001
40 244
44 080
After tax
69 696
75 999
54 756
50 920
Living cost
24 515
24 515
24 515
24 515
Free-cash
45 181
51 484
30 241
26 405

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14422
₽4302
₽43121
₽26601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
254
income
-
-
-
22 760
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
29 762
Employee
34 791
-
80 604
-
health
3 984
-
9 229
-
income
4 773
-
14 986
-
pensions
3 918
-
7 670
-
total
12 675
-
31 885
-
Employer
34 791
-
80 604
-
accident
581
-
1 346
-
unemployment
852
-
1 975
-
pensions
5 657
-
11 076
-
total
7 090
-
14 397
-
Corporate
53 119
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.

47 807
85 500
-
-
total
47 807
85 500
-
-
Dividends
5 312
9 500
-
-
withholding
1 009
1 805
-
-
total
1 009
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 581
87 305
46 282
29 762
After tax
26 419
7 695
48 718
65 238
Living cost
22 117
22 117
22 117
22 117
Free-cash
4 302
-14 422
26 601
43 121

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80990
₽79254
₽84790
₽66740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
95 000
-
income
2 315
-
19 000
-
total
2 315
-
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%.

83 425
95 000
-
-
total
-
-
-
-
Dividends
83 425
95 000
-
-
withholding
4 171
4 750
-
-
total
4 171
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
6 486
4 750
19 000
950
After tax
88 514
90 250
76 000
94 050
Living cost
9 260
9 260
9 260
9 260
Free-cash
79 254
80 990
66 740
84 790

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42752
₽35900
₽24397
₽28641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 067
pensions

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

-
-
-
22 799
other
-
-
-
4 513
health
-
-
-
4 180
total
-
-
-
43 559
Employee
36 852
-
75 878
-
health
516
-
1 063
-
income
6 344
-
13 061
-
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.

2 579
-
5 312
-
unemployment
368
-
759
-
total
9 807
-
20 195
-
Employer
36 852
-
75 878
-
accident
295
-
607
-
other
1 843
-
3 792
-
unemployment
368
-
759
-
pensions

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

6 265
-
12 899
-
health
516
-
1 063
-
total
9 287
-
19 120
-
Corporate
48 861
95 000
-
-
income
10 260
19 950
-
-
total
10 260
19 950
-
-
Dividends
38 601
75 050
-
-
withholding
2 702
5 254
-
-
total
2 702
5 254
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 056
25 204
39 315
43 559
After tax
62 944
69 796
55 685
51 441
Living cost
27 044
27 044
27 044
27 044
Free-cash
35 900
42 752
28 641
24 397

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2691
-₽15183
₽1322
-₽8748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 349
pensions
-
-
-
6 840
total
-
-
-
25 189
Employee
96 902
-
83 777
-
health
1 597
-
1 328
-
income
17 468
-
14 935
-
pensions
9 348
-
7 774
-
total
28 413
-
24 037
-
Employer
96 902
-
83 777
-
pensions
11 441
-
9 630
-
health
1 840
-
1 592
-
total
13 281
-
11 222
-
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
-
5 771
-
-
total
-
5 771
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 694
23 820
35 259
25 189
After tax
53 306
71 180
59 741
69 811
Living cost
68 489
68 489
68 489
68 489
Free-cash
-15 183
2 691
-8 748
1 322

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67912
₽63195
₽57967
₽60790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
23 720
Employee
17 628
-
88 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
8 804
-
pensions

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

1 548
-
3 114
-
total
4 316
-
13 939
-
Employer
17 628
-
88 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
73 913
95 000
-
-
income
7 391
9 500
-
-
total
7 391
9 500
-
-
Dividends
66 522
85 500
-
-
withholding
3 326
4 275
-
-
total
3 326
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
18 492
13 775
20 897
23 720
After tax
76 508
81 225
74 103
71 280
Living cost
13 313
13 313
13 313
13 313
Free-cash
63 195
67 912
60 790
57 967

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13852
-₽15574
-₽2320
-₽19549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
17 359
pensions
-
-
-
11 891
health
-
-
-
11 789
total
-
-
-
41 039
Employee
94 099
86 673
86 673
-
health
11 739
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
15 601
-
total
37 817
37 394
43 091
-
Employer
94 099
86 673
86 673
-
unemployment
3 388
3 120
3 120
-
pensions
6 549
6 032
6 032
-
health
6 539
6 025
6 025
-
total
16 476
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
54 293
52 571
58 268
41 039
After tax
40 707
42 429
36 732
53 961
Living cost
56 281
56 281
56 281
56 281
Free-cash
-15 574
-13 852
-19 549
-2 320

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41076
₽32397
₽21939
₽23878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 165
health
-
-
-
12 825
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 740
total
-
-
-
48 730
Employee
35 781
-
70 896
-
social contributions
2 326
-
4 608
-
health
4 830
-
9 571
-
solidarity contribution
-
-
-
-
income
4 294
-
8 507
-
total
11 450
-
22 686
-
Employer
35 781
-
70 896
-
social contributions
8 945
-
17 724
-
health
3 220
-
6 381
-
total
12 165
-
24 105
-
Corporate
47 053
95 000
-
-
income
8 940
18 050
-
-
total
8 940
18 050
-
-
Dividends
38 113
76 950
-
-
withholding
5 717
11 543
-
-
total
5 717
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 272
29 593
46 791
48 730
After tax
56 728
65 407
48 209
46 270
Living cost
24 331
24 331
24 331
24 331
Free-cash
32 397
41 076
23 878
21 939

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7858
₽2560
₽6410
₽1887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
564
regional
-
-
-
1 038
national
-
-
-
19 727
social contributions
-
-
-
24 434
total
-
-
-
45 763
Employee
90 203
-
95 000
-
social contributions
30 416
-
32 034
-
regional
851
-
907
-
municipal
478
-
505
-
national
15 630
-
16 840
-
total
47 375
-
50 286
-
Employer
90 203
-
95 000
-
total
-
-
-
-
Corporate
4 797
95 000
-
-
nationa
1 152
22 801
-
-
municipal
187
3 706
-
-
total
1 339
26 507
-
-
Dividends
3 459
68 494
-
-
withholding
899
17 808
-
-
total
899
17 808
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 613
44 315
50 286
45 763
After tax
45 387
50 685
44 714
49 237
Living cost
42 827
42 827
42 827
42 827
Free-cash
2 560
7 858
1 887
6 410

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37358
₽34201
₽27144
₽25316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
17 450
pensions
-
-
-
19 001
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 745
surtax
-
-
-
2 032
total
-
-
-
45 459
Employee
33 564
-
78 478
-
other
-
-
-
-
health
857
-
2 001
-
surtax
110
-
1 822
-
income
5 626
-
16 248
-
pensions
2 238
-
5 235
-
unemployment
2 336
-
5 462
-
total
11 167
-
30 768
-
Employer
33 564
-
78 478
-
other
-
-
-
-
unemployment
1 063
-
2 488
-
pensions
4 474
-
10 460
-
health
1 527
-
3 571
-
total
7 064
-
16 519
-
Corporate
54 371
95 000
-
-
income
14 137
24 700
-
-
total
14 137
24 700
-
-
Dividends
40 234
70 300
-
-
withholding
6 034
10 545
-
-
total
6 034
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 402
35 245
47 287
45 459
After tax
56 598
59 755
47 713
49 541
Living cost
22 397
22 397
22 397
22 397
Free-cash
34 201
37 358
25 316
27 144

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24390
₽16330
₽23021
₽12951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 349
pensions
-
-
-
6 840
total
-
-
-
25 189
Employee
64 941
-
83 777
-
health
943
-
1 328
-
income
11 696
-
14 935
-
pensions
5 512
-
7 774
-
total
18 151
-
24 037
-
Employer
64 941
-
83 777
-
pensions
7 030
-
9 630
-
health
1 234
-
1 592
-
total
8 264
-
11 222
-
Corporate
21 795
95 000
-
-
income

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

4 141
18 049
-
-
total
4 141
18 049
-
-
Dividends
17 655
76 951
-
-
withholding
1 324
5 771
-
-
total
1 324
5 771
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 880
23 820
35 259
25 189
After tax
63 120
71 180
59 741
69 811
Living cost
46 790
46 790
46 790
46 790
Free-cash
16 330
24 390
12 951
23 021

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33902
-₽4133
₽2176
-₽2677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 001
pensions
-
-
-
8 740
other

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

-
-
-
1 899
regional
-
-
-
3 107
health
-
-
-
252
national
-
-
-
483
total
-
-
-
15 482
Employee
90 510
-
85 030
-
city
971
-
914
-
regional
2 964
-
2 668
-
health
205
-
191
-
pensions
7 604
-
7 143
-
unemployment
-
-
-
-
national
428
-
385
-
total
12 172
-
11 301
-
Employer
90 510
-
85 030
-
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.

1 810
-
1 700
-
unemployment
-
-
-
-
pensions
7 604
-
7 143
-
health
205
-
191
-
total
9 619
-
9 034
-
Corporate
-
95 000
-
-
regional
-
20 093
-
-
national
-
8 075
-
-
total
-
28 168
-
-
Dividends
-
66 832
-
-
withholding
-
23 392
-
-
total
-
23 392
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 791
51 560
20 335
15 482
After tax
73 209
43 440
74 665
79 518
Living cost
77 342
77 342
77 342
77 342
Free-cash
-4 133
-33 902
-2 677
2 176

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽581
₽17037
₽13693
₽21892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
trade
-
-
-
8 199
income

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

-
-
-
18 652
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.

-
-
-
6 934
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.

-
-
-
1 027
total
-
-
-
34 812
Employee

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

60 997
-
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.

6 934
-
6 934
-
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.

395
-
1 027
-
income

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

7 173
-
18 652
-
total
14 502
-
26 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 003
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.

281
784
-
-
income
5 100
14 251
-
-
trade
5 832
16 293
-
-
chamber of commerce
202
287
-
-
total
11 415
31 615
-
-
Dividends
22 588
63 386
-
-
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.

289
849
-
-
withholding
5 262
15 460
-
-
total
5 551
16 309
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 468
47 924
26 613
34 812
After tax
63 532
47 076
68 387
60 188
Living cost
46 495
46 495
46 495
46 495
Free-cash
17 037
581
21 892
13 693

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13154
₽19151
₽20167
₽19586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 129
pensions
-
-
-
24 924
other
-
-
-
2 947
health
-
-
-
1 402
surtax
-
-
-
-
social contributions
-
-
-
2 706
total
-
-
-
40 108
Employee
43 438
-
72 390
-
social contributions
1 238
-
2 063
-
surtax
-
-
-
-
income
2 564
-
7 833
-
pensions
4 911
-
8 186
-
total
8 713
-
18 082
-
Employer
43 438
-
72 390
-
other
1 498
-
2 498
-
social contributions
131
-
218
-
unemployment
1 758
-
2 931
-
pensions
7 136
-
11 893
-
health
3 041
-
5 067
-
total
13 564
-
22 607
-
Corporate
37 996
95 000
-
-
surtax
-
-
-
-
income
10 640
26 601
-
-
total
10 640
26 601
-
-
Dividends
27 357
68 399
-
-
surtax
-
-
-
-
social contributions
4 705
11 764
-
-
withholding
3 502
8 756
-
-
total
8 207
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 124
47 121
40 689
40 108
After tax
53 876
47 879
54 311
54 892
Living cost
34 725
34 725
34 725
34 725
Free-cash
19 151
13 154
19 586
20 167

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16595
₽22235
₽23608
₽23027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 129
pensions
-
-
-
24 924
other
-
-
-
2 947
health
-
-
-
1 402
surtax
-
-
-
-
social contributions
-
-
-
2 706
total
-
-
-
40 108
Employee
38 775
-
72 390
-
social contributions
1 106
-
2 063
-
surtax
-
-
-
-
income
1 999
-
7 833
-
pensions
4 386
-
8 186
-
total
7 491
-
18 082
-
Employer
38 775
-
72 390
-
other
1 339
-
2 498
-
social contributions
116
-
218
-
unemployment
1 570
-
2 931
-
pensions
6 371
-
11 893
-
health
2 714
-
5 067
-
total
12 110
-
22 607
-
Corporate
44 116
95 000
-
-
surtax
-
-
-
-
income
12 352
26 601
-
-
total
12 352
26 601
-
-
Dividends
31 764
68 399
-
-
surtax
-
-
-
-
social contributions
5 462
11 764
-
-
withholding
4 066
8 756
-
-
total
9 528
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 481
47 121
40 689
40 108
After tax
53 519
47 879
54 311
54 892
Living cost
31 284
31 284
31 284
31 284
Free-cash
22 235
16 595
23 027
23 608

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
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.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36436
₽36960
₽39485
₽39988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
14 251
health
-
-
-
6 631
social contributions
-
-
-
13 111
total
-
-
-
33 993
Employee
34 413
-
95 000
-
social contributions
4 750
-
13 111
-
health
2 402
-
6 631
-
income
5 740
-
13 748
-
total
12 892
-
33 490
-
Employer
34 413
-
95 000
-
total
-
-
-
-
Corporate
60 587
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%.

3 030
4 750
-
-
total
3 030
4 750
-
-
Dividends
57 557
90 250
-
-
health
4 018
6 300
-
-
social contributions
7 943
12 454
-
-
withholding
8 635
13 538
-
-
total
20 596
32 292
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 518
37 042
33 490
33 993
After tax
58 482
57 958
61 510
61 007
Living cost
21 522
21 522
21 522
21 522
Free-cash
36 960
36 436
39 988
39 485

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17602
₽16027
₽12874
-₽6104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
chamber of commerce
-
-
-
379
income
-
-
-
14 717
pensions
-
-
-
17 575
unemployment
-
-
-
6 225
health
-
-
-
7 267
surtax
-
-
-
200
total
-
-
-
46 363
Employee
50 723
40 447
73 609
-
other
507
404
736
-
health
1 963
1 566
2 849
-
income
5 774
2 983
13 184
-
pensions
5 195
4 141
7 537
-
unemployment
1 522
1 213
2 209
-
total
14 961
10 307
26 515
-
Employer
50 723
40 447
73 609
-
accident
659
526
957
-
other
2 410
1 920
3 496
-
chamber of commerce
202
162
295
-
unemployment
1 522
1 213
2 209
-
surtax
200
200
200
-
pensions
6 366
5 077
9 237
-
payroll
1 522
1 213
2 209
-
health
1 916
1 529
2 783
-
total
14 797
11 840
21 386
-
Corporate
29 481
42 711
69 761
-
income

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

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

7 371
10 678
17 440
-
total
7 371
10 678
17 440
-
Dividends
22 110
32 033
-
-
withholding
6 081
8 810
-
-
total
6 081
8 810
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 210
41 635
65 341
46 363
After tax
51 790
53 365
29 659
48 637
Living cost
35 763
35 763
35 763
35 763
Free-cash
16 027
17 602
-6 104
12 874

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16299
₽1006
₽8406
₽416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
30 287
communal

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

-
-
-
4 832
social contributions
-
-
-
14 469
total
-
-
-
49 588
Employee

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

72 600
-
73 578
-
communal

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

3 787
-
3 839
-
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.

3 411
-
3 457
-
pensions

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

5 445
-
5 518
-
unemployment

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

632
-
639
-
national
22 320
-
22 703
-
total
35 595
-
36 156
-
Employer

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

72 600
-
73 578
-
accident

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

944
-
957
-
unemployment

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

1 059
-
1 075
-
surtax
8 232
-
8 344
-
pensions

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

6 433
-
6 520
-
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.

4 465
-
4 526
-
total
21 133
-
21 422
-
Corporate
1 267
95 000
-
-
surtax
6
379
-
-
income
254
19 001
-
-
total
260
19 380
-
-
Dividends
1 007
75 620
-
-
withholding

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

-
22 315
-
-
total
-
22 315
-
-
Income
95 000
95 000
95 000
95 000
Total tax
56 988
41 695
57 578
49 588
After tax
38 012
53 305
37 422
45 412
Living cost
37 006
37 006
37 006
37 006
Free-cash
1 006
16 299
416
8 406

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27369
₽19282
₽13624
₽14104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
847
income
-
-
-
16 500
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 722
Employee
50 522
-
72 034
-
other
50
-
71
-
income
10 660
-
16 704
-
pensions
2 375
-
3 386
-
unemployment
784
-
1 117
-
total
13 869
-
21 278
-
Employer
50 522
-
72 034
-
accident
1 000
-
1 427
-
other
403
-
576
-
unemployment
2 779
-
3 962
-
pensions
11 922
-
16 999
-
total
16 104
-
22 964
-
Corporate
28 374
95 000
-
-
income

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

4 257
14 251
-
-
total
4 257
14 251
-
-
Dividends
24 118
80 749
-
-
withholding
4 834
16 726
-
-
total
4 834
16 726
-
-
Income
95 000
95 000
95 000
95 000
Total tax
39 064
30 977
44 242
44 722
After tax
55 936
64 023
50 758
50 278
Living cost
36 654
36 654
36 654
36 654
Free-cash
19 282
27 369
14 104
13 624

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3177
-₽3418
-₽8
₽4440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
801
income
-
-
-
7 422
pensions
-
-
-
14 239
health
-
-
-
6 676
surtax
-
-
-
4 709
communal
-
-
-
6 004
total
-
-
-
39 851
Employee
76 861
-
84 857
-
health
3 421
-
3 777
-
surtax
4 711
-
5 200
-
income
7 424
-
9 494
-
pensions
6 148
-
6 789
-
total
21 704
-
25 260
-
Employer
76 861
-
84 857
-
accident
691
-
765
-
pensions
6 148
-
6 789
-
health
2 344
-
2 589
-
total
9 183
-
10 143
-
Corporate
8 955
95 000
-
-
surtax
94
998
-
-
communal
-
6 412
-
-
income
1 342
14 251
-
-
total
1 436
21 661
-
-
Dividends
7 518
73 340
-
-
income
9 809
4 003
-
-
withholding
1 129
11 002
-
-
total
10 938
15 005
-
-
Income
95 000
95 000
95 000
95 000
Total tax
43 261
36 666
35 403
39 851
After tax
51 739
58 334
59 597
55 149
Living cost
55 157
55 157
55 157
55 157
Free-cash
-3 418
3 177
4 440
-8

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36958
₽33730
₽26744
₽24916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
17 450
pensions
-
-
-
19 001
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 745
surtax
-
-
-
2 032
total
-
-
-
45 459
Employee
34 180
-
78 478
-
other
-
-
-
-
health
873
-
2 001
-
surtax
121
-
1 822
-
income
5 730
-
16 248
-
pensions
2 280
-
5 235
-
unemployment
2 379
-
5 462
-
total
11 383
-
30 768
-
Employer
34 180
-
78 478
-
other
-
-
-
-
unemployment
1 084
-
2 488
-
pensions
4 557
-
10 460
-
health
1 554
-
3 571
-
total
7 195
-
16 519
-
Corporate
53 624
95 000
-
-
income
13 943
24 700
-
-
total
13 943
24 700
-
-
Dividends
39 682
70 300
-
-
withholding
5 952
10 545
-
-
total
5 952
10 545
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 473
35 245
47 287
45 459
After tax
56 527
59 755
47 713
49 541
Living cost
22 797
22 797
22 797
22 797
Free-cash
33 730
36 958
24 916
26 744

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Athens model

Close
Naples , Italy
₽22593
₽20338
₽21502
₽17002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
564
regional
-
-
-
1 432
national
-
-
-
19 727
social contributions
-
-
-
24 434
total
-
-
-
46 157
Employee
56 301
-
95 000
-
social contributions
18 985
-
32 034
-
regional
758
-
1 278
-
municipal
299
-
505
-
national
8 920
-
16 840
-
total
28 962
-
50 657
-
Employer
56 301
-
95 000
-
total
-
-
-
-
Corporate
38 699
95 000
-
-
nationa
9 287
22 801
-
-
municipal
1 924
4 721
-
-
total
11 211
27 522
-
-
Dividends
27 488
67 479
-
-
withholding
7 148
17 544
-
-
total
7 148
17 544
-
-
Income
95 000
95 000
95 000
95 000
Total tax
47 321
45 066
50 657
46 157
After tax
47 679
49 934
44 343
48 843
Living cost
27 341
27 341
27 341
27 341
Free-cash
20 338
22 593
17 002
21 502

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35425
₽24730
₽16288
₽18227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 165
health
-
-
-
12 825
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 740
total
-
-
-
48 730
Employee
44 092
-
70 896
-
social contributions
2 866
-
4 608
-
health
5 952
-
9 571
-
solidarity contribution
-
-
-
-
income
5 291
-
8 507
-
total
14 109
-
22 686
-
Employer
44 092
-
70 896
-
social contributions
11 023
-
17 724
-
health
3 968
-
6 381
-
total
14 991
-
24 105
-
Corporate
35 917
95 000
-
-
income
6 824
18 050
-
-
total
6 824
18 050
-
-
Dividends
29 093
76 950
-
-
withholding
4 364
11 543
-
-
total
4 364
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 288
29 593
46 791
48 730
After tax
54 712
65 407
48 209
46 270
Living cost
29 982
29 982
29 982
29 982
Free-cash
24 730
35 425
18 227
16 288

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
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.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21094
₽20588
₽16456
-₽2690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
chamber of commerce
-
-
-
379
income
-
-
-
14 717
pensions
-
-
-
17 575
unemployment
-
-
-
6 225
health
-
-
-
7 267
surtax
-
-
-
-
total
-
-
-
46 163
Employee
44 366
40 447
73 767
-
other
443
404
738
-
health
1 716
1 566
2 854
-
income
3 952
2 983
13 238
-
pensions
4 544
4 141
7 554
-
unemployment
1 331
1 213
2 213
-
total
11 986
10 307
26 597
-
Employer
44 366
40 447
73 767
-
accident
576
526
959
-
other
2 107
1 920
3 505
-
chamber of commerce
177
162
295
-
unemployment
1 331
1 213
2 213
-
surtax
-
-
-
-
pensions
5 568
5 077
9 259
-
payroll
1 331
1 213
2 213
-
health
1 678
1 529
2 789
-
total
12 768
11 640
21 233
-
Corporate
37 866
42 912
69 915
-
income

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

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

9 467
10 728
17 479
-
total
9 467
10 728
17 479
-
Dividends
28 399
32 183
-
-
withholding
7 810
8 850
-
-
total
7 810
8 850
-
-
Income
95 000
95 000
95 000
95 000
Total tax
42 031
41 525
65 309
46 163
After tax
52 969
53 475
29 691
48 837
Living cost
32 381
32 381
32 381
32 381
Free-cash
20 588
21 094
-2 690
16 456

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75820
₽73114
₽79620
₽61570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
95 000
-
income
3 608
-
19 000
-
total
3 608
-
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%.

76 962
95 000
-
-
total
-
-
-
-
Dividends
76 962
95 000
-
-
withholding
3 848
4 750
-
-
total
3 848
4 750
-
-
Income
95 000
95 000
95 000
95 000
Total tax
7 456
4 750
19 000
950
After tax
87 544
90 250
76 000
94 050
Living cost
14 430
14 430
14 430
14 430
Free-cash
73 114
75 820
61 570
79 620

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38185
₽29693
₽22213
₽19489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
95 000
income
-
-
-
18 724
pensions
-
-
-
17 350
unemployment
-
-
-
143
health
-
-
-
9 347
total
-
-
-
45 564
Employee

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

44 881
-
82 199
-
health
2 899
-
5 310
-
income
7 740
-
17 320
-
pensions
6 957
-
12 741
-
unemployment
64
-
116
-
total
17 660
-
35 487
-
Employer

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

44 881
-
82 199
-
unemployment
27
-
50
-
pensions
3 972
-
7 275
-
health
2 989
-
5 476
-
total
6 988
-
12 801
-
Corporate
43 131
95 000
-
-
income
8 195
18 049
-
-
total
8 195
18 049
-
-
Dividends
34 936
76 951
-
-
withholding
5 241
11 543
-
-
total
5 241
11 543
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 084
29 592
48 288
45 564
After tax
56 916
65 408
46 712
49 436
Living cost
27 223
27 223
27 223
27 223
Free-cash
29 693
38 185
19 489
22 213

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13786
-₽57088
₽21641
₽37570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
18 517
social contributions
-
-
-
10 830
total
-
-
-
29 347
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
95 000
-
-
income
-
20 900
-
-
total
-
20 900
-
-
Dividends
-
74 100
-
-
income
-
16 302
-
-
total
-
16 302
-
-
Income
95 000
95 000
95 000
95 000
Total tax
108 076
37 202
13 418
29 347
After tax
-13 076
57 798
81 582
65 653
Living cost
44 012
44 012
44 012
44 012
Free-cash
-57 088
13 786
37 570
21 641

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
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.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22201
₽21177
₽21549
₽17002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
income
-
-
-
8 602
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
total
-
-
-
41 615
Employee
46 680
-
76 768
-
social contributions
5 135
-
8 444
-
surtax
-
-
-
-
income
9 710
-
19 486
-
total
14 845
-
27 930
-
Employer
46 680
-
76 768
-
social contributions
11 086
-
18 232
-
total
11 086
-
18 232
-
Corporate
37 234
95 000
-
-
surtax
-
-
-
-
income
7 820
19 950
-
-
total
7 820
19 950
-
-
Dividends
29 414
75 050
-
-
withholding
8 236
21 013
-
-
total
8 236
21 013
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 987
40 963
46 162
41 615
After tax
53 013
54 037
48 838
53 385
Living cost
31 836
31 836
31 836
31 836
Free-cash
21 177
22 201
17 002
21 549

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1142
₽5835
₽5871
₽5290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
8 129
pensions
-
-
-
24 924
other
-
-
-
2 947
health
-
-
-
1 402
surtax
-
-
-
-
social contributions
-
-
-
2 706
total
-
-
-
40 108
Employee
63 568
-
72 390
-
social contributions
1 810
-
2 063
-
surtax
-
-
-
-
income
5 546
-
7 833
-
pensions
7 190
-
8 186
-
total
14 546
-
18 082
-
Employer
63 568
-
72 390
-
other
2 194
-
2 498
-
social contributions
191
-
218
-
unemployment
2 575
-
2 931
-
pensions
10 445
-
11 893
-
health
4 449
-
5 067
-
total
19 854
-
22 607
-
Corporate
11 578
95 000
-
-
surtax
-
-
-
-
income
3 242
26 601
-
-
total
3 242
26 601
-
-
Dividends
8 336
68 399
-
-
surtax
-
-
-
-
social contributions
1 435
11 764
-
-
withholding
1 067
8 756
-
-
total
2 502
20 520
-
-
Income
95 000
95 000
95 000
95 000
Total tax
40 144
47 121
40 689
40 108
After tax
54 856
47 879
54 311
54 892
Living cost
49 021
49 021
49 021
49 021
Free-cash
5 835
-1 142
5 290
5 871

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54992
₽51580
₽42197
₽44862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 394
social contributions
-
-
-
20 900
total
-
-
-
22 294
Employee
32 630
-
82 251
-
income
-
-
1 533
-
social contributions
2 121
-
5 347
-
total
2 121
-
6 880
-
Employer
32 630
-
82 251
-
social contributions
5 058
-
12 749
-
total
5 058
-
12 749
-
Corporate
57 313
95 000
-
-
income
5 732
9 499
-
-
total
5 732
9 499
-
-
Dividends
51 581
85 501
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
12 911
9 499
19 629
22 294
After tax
82 089
85 501
75 371
72 706
Living cost
30 509
30 509
30 509
30 509
Free-cash
51 580
54 992
44 862
42 197

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽126140
-₽126140
₽10421
-₽126140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 312
pensions
-
-
-
880
national
-
-
-
9 976
labour market
-
-
-
7 530
total
-
-
-
35 698
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 000
95 000
95 000
95 000
Total tax
172 259
172 259
172 259
35 698
After tax
-77 259
-77 259
-77 259
59 302
Living cost
48 881
48 881
48 881
48 881
Free-cash
-126 140
-126 140
-126 140
10 421

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14096
₽4352
₽43448
₽26927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
254
income
-
-
-
22 760
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
29 762
Employee
34 278
-
80 604
-
health
3 925
-
9 229
-
income
4 703
-
14 986
-
pensions
3 860
-
7 670
-
total
12 488
-
31 885
-
Employer
34 278
-
80 604
-
accident
572
-
1 346
-
unemployment
840
-
1 975
-
pensions
5 574
-
11 076
-
total
6 986
-
14 397
-
Corporate
53 736
95 000
-
-
income

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

48 363
85 500
-
-
total
48 363
85 500
-
-
Dividends
5 374
9 500
-
-
withholding
1 021
1 805
-
-
total
1 021
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
68 858
87 305
46 282
29 762
After tax
26 142
7 695
48 718
65 238
Living cost
21 790
21 790
21 790
21 790
Free-cash
4 352
-14 096
26 927
43 448

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24694
₽21815
₽29219
₽15746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 913
health
-
-
-
1 040
national
-
-
-
8 861
total
-
-
-
26 814
Employee
53 399
-
79 919
-
health
399
-
807
-
municipal
8 746
-
13 053
-
pensions
3 604
-
5 395
-
unemployment
801
-
1 198
-
national
882
-
4 755
-
total
14 432
-
25 208
-
Employer
53 399
-
79 919
-
accident
54
-
79
-
unemployment
347
-
520
-
pensions
9 264
-
13 866
-
health
410
-
614
-
total
10 075
-
15 079
-
Corporate
31 526
95 000
-
-
income
6 306
19 001
-
-
total
6 306
19 001
-
-
Dividends

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

18 915
57 000
-
-
national
-
2 078
-
-
municipal
3 405
10 260
-
-
total
3 405
12 338
-
-
Income
95 000
95 000
95 000
95 000
Total tax
34 218
31 339
40 287
26 814
After tax
60 782
63 661
54 713
68 186
Living cost
38 967
38 967
38 967
38 967
Free-cash
21 815
24 694
15 746
29 219

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46077
₽40552
₽44781
₽44684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
9 478
health
-
-
-
2 423
social contributions
-
-
-
14 819
total
-
-
-
26 720
Employee
78 045
78 045
86 246
-
social contributions
2 951
6 477
7 159
-
health
605
1 327
1 466
-
income
8 498
7 225
9 438
-
total
12 054
15 029
18 063
-
Employer
78 045
78 045
86 246
-
social contributions
2 951
6 477
7 159
-
health
657
1 445
1 595
-
total
3 608
7 922
8 754
-
Corporate
55 840
9 033
-
-
income
6 980
1 129
-
-
total
6 980
1 129
-
-
Dividends
48 860
7 905
-
-
withholding
8 307
1 344
-
-
total
8 307
1 344
-
-
Income
95 000
95 000
95 000
95 000
Total tax
30 949
25 424
26 817
26 720
After tax
64 051
69 576
68 183
68 280
Living cost
23 499
23 499
23 499
23 499
Free-cash
40 552
46 077
44 684
44 781

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62555
₽57391
₽59754
₽42501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
95 000
income
-
-
-
8 974
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
19 132
Employee

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

23 297
-
86 129
-
health
1 980
-
7 321
-
income
1 593
-
6 842
-
pensions
3 494
-
12 920
-
unemployment
116
-
431
-
total
7 183
-
27 514
-
Employer

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

23 297
-
86 129
-
unemployment
116
-
431
-
pensions
1 281
-
4 736
-
health
1 002
-
3 704
-
total
2 399
-
8 871
-
Corporate
69 305
95 000
-
-
income
6 237
8 550
-
-
total
6 237
8 550
-
-
Dividends
63 069
86 450
-
-
withholding
5 676
7 781
-
-
total
5 676
7 781
-
-
Income
95 000
95 000
95 000
95 000
Total tax
21 495
16 331
36 385
19 132
After tax
73 505
78 669
58 615
75 868
Living cost
16 114
16 114
16 114
16 114
Free-cash
57 391
62 555
42 501
59 754

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36113
₽30791
₽22368
₽22848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
847
income
-
-
-
16 500
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 722
Employee
37 529
-
72 034
-
other
37
-
71
-
income
7 235
-
16 704
-
pensions
1 764
-
3 386
-
unemployment
582
-
1 117
-
total
9 618
-
21 278
-
Employer
37 529
-
72 034
-
accident
743
-
1 427
-
other
300
-
576
-
unemployment
2 065
-
3 962
-
pensions
8 856
-
16 999
-
total
11 964
-
22 964
-
Corporate
45 507
95 000
-
-
income

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

6 826
14 251
-
-
total
6 826
14 251
-
-
Dividends
38 681
80 749
-
-
withholding
7 891
16 726
-
-
total
7 891
16 726
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 299
30 977
44 242
44 722
After tax
58 701
64 023
50 758
50 278
Living cost
27 910
27 910
27 910
27 910
Free-cash
30 791
36 113
22 848
22 368

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
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.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56493
₽56036
₽57326
₽57128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 380
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
34 887
Employee
4 245
-
92 713
-
health
212
-
508
-
income
821
-
31 273
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
32 798
-
Employer
4 245
-
92 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
89 799
95 000
-
-
income
19 756
20 900
-
-
total
19 756
20 900
-
-
Dividends
70 044
74 100
-
-
withholding
14 009
14 820
-
-
total
14 009
14 820
-
-
Income
95 000
95 000
95 000
95 000
Total tax
36 177
35 720
35 085
34 887
After tax
58 823
59 280
59 915
60 113
Living cost
2 787
2 787
2 787
2 787
Free-cash
56 036
56 493
57 128
57 326

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51077
₽46080
₽31907
₽31906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
95 000
income
-
-
-
17 167
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
45 533
Employee

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

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

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

26 480
-
81 568
-
health
1 364
-
3 865
-
income
3 650
-
17 167
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
32 101
-
Employer

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

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

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

26 480
-
81 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
63 780
95 000
-
-
income
9 567
14 250
-
-
total
9 567
14 250
-
-
Dividends
54 213
80 750
-
-
withholding
8 132
12 113
-
-
total
8 132
12 113
-
-
Income
95 000
95 000
95 000
95 000
Total tax
31 360
26 363
45 534
45 533
After tax
63 640
68 637
49 466
49 467
Living cost
17 560
17 560
17 560
17 560
Free-cash
46 080
51 077
31 906
31 907

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26675
₽26308
₽26023
₽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

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

-
-
-
95 000
income
-
-
-
8 602
surtax
-
-
-
-
social contributions

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

-
-
-
33 013
total
-
-
-
41 615
Employee
39 393
-
76 768
-
social contributions
4 334
-
8 444
-
surtax
-
-
-
-
income
7 697
-
19 486
-
total
12 031
-
27 930
-
Employer
39 393
-
76 768
-
social contributions
9 355
-
18 232
-
total
9 355
-
18 232
-
Corporate
46 253
95 000
-
-
surtax
-
-
-
-
income
9 713
19 950
-
-
total
9 713
19 950
-
-
Dividends
36 539
75 050
-
-
withholding
10 231
21 013
-
-
total
10 231
21 013
-
-
Income
95 000
95 000
95 000
95 000
Total tax
41 330
40 963
46 162
41 615
After tax
53 670
54 037
48 838
53 385
Living cost
27 362
27 362
27 362
27 362
Free-cash
26 308
26 675
21 476
26 023

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28353
₽20613
₽14608
₽15088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
847
income
-
-
-
16 500
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 722
Employee
49 017
-
72 034
-
other
48
-
71
-
income
10 238
-
16 704
-
pensions
2 304
-
3 386
-
unemployment
759
-
1 117
-
total
13 349
-
21 278
-
Employer
49 017
-
72 034
-
accident
971
-
1 427
-
other
393
-
576
-
unemployment
2 696
-
3 962
-
pensions
11 568
-
16 999
-
total
15 628
-
22 964
-
Corporate
30 354
95 000
-
-
income

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

4 553
14 251
-
-
total
4 553
14 251
-
-
Dividends
25 801
80 749
-
-
withholding
5 187
16 726
-
-
total
5 187
16 726
-
-
Income
95 000
95 000
95 000
95 000
Total tax
38 717
30 977
44 242
44 722
After tax
56 283
64 023
50 758
50 278
Living cost
35 670
35 670
35 670
35 670
Free-cash
20 613
28 353
15 088
14 608

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63758
₽57570
₽53813
₽56636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
23 720
Employee
23 129
-
88 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
8 804
-
pensions

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

2 030
-
3 114
-
total
5 661
-
13 939
-
Employer
23 129
-
88 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
67 333
95 000
-
-
income
6 734
9 500
-
-
total
6 734
9 500
-
-
Dividends
60 600
85 500
-
-
withholding
3 030
4 275
-
-
total
3 030
4 275
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 963
13 775
20 897
23 720
After tax
75 037
81 225
74 103
71 280
Living cost
17 467
17 467
17 467
17 467
Free-cash
57 570
63 758
56 636
53 813

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9844
₽23121
₽22342
₽29202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 000
trade
-
-
-
6 861
income

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

-
-
-
18 652
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.

-
-
-
6 934
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.

-
-
-
1 027
total
-
-
-
33 474
Employee

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

50 500
-
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.

6 934
-
6 934
-
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.

229
-
1 027
-
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.

4 153
-
18 652
-
total
11 316
-
26 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 500
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.

368
784
-
-
income
6 676
14 251
-
-
trade
6 385
13 633
-
-
chamber of commerce
220
293
-
-
total
13 649
28 961
-
-
Dividends
30 852
66 040
-
-
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.

403
886
-
-
withholding
7 327
16 125
-
-
total
7 730
17 011
-
-
Income
95 000
95 000
95 000
95 000
Total tax
32 695
45 972
26 613
33 474
After tax
62 305
49 028
68 387
61 526
Living cost
39 184
39 184
39 184
39 184
Free-cash
23 121
9 844
29 202
22 342

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8684
₽10925
₽7648
₽7648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
income
-
-
-
21 223
social contributions
-
-
-
8 313
total
-
-
-
29 536
Employee
79 392
-
95 000
-
income
14 981
-
21 223
-
social contributions
6 596
-
8 313
-
total
21 577
-
29 536
-
Employer
79 392
-
95 000
-
total
-
-
-
-
Corporate
15 608
95 000
-
-
income
1 951
11 874
-
-
total
1 951
11 874
-
-
Dividends
13 657
83 126
-
-
withholding
2 731
16 626
-
-
total
2 731
16 626
-
-
Income
95 000
95 000
95 000
95 000
Total tax
26 259
28 500
29 536
29 536
After tax
68 741
66 500
65 464
65 464
Living cost
57 816
57 816
57 816
57 816
Free-cash
10 925
8 684
7 648
7 648

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19545
₽24185
₽22455
₽32825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 000
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
90 331
-
income
5 052
-
15 994
-
social contributions
4 665
-
4 669
-
total
9 717
-
20 663
-
Employer
46 560
-
90 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
43 775
95 000
-
-
income
15 322
33 250
-
-
total
15 322
33 250
-
-
Dividends
28 453
61 750
-
-
social contributions
4 268
5 362
-
-
total
4 268
5 362
-
-
Income
95 000
95 000
95 000
95 000
Total tax
33 972
38 612
25 332
35 702
After tax
61 028
56 388
69 668
59 298
Living cost
36 843
36 843
36 843
36 843
Free-cash
24 185
19 545
32 825
22 455

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33141
₽27360
₽31772
₽21702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 349
pensions
-
-
-
6 840
total
-
-
-
25 189
Employee
52 214
-
83 777
-
health
681
-
1 328
-
income
9 509
-
14 935
-
pensions
3 985
-
7 774
-
total
14 175
-
24 037
-
Employer
52 214
-
83 777
-
pensions
5 275
-
9 630
-
health
992
-
1 592
-
total
6 267
-
11 222
-
Corporate
36 519
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.

6 940
18 049
-
-
total
6 940
18 049
-
-
Dividends
29 579
76 951
-
-
withholding
2 219
5 771
-
-
total
2 219
5 771
-
-
Income
95 000
95 000
95 000
95 000
Total tax
29 601
23 820
35 259
25 189
After tax
65 399
71 180
59 741
69 811
Living cost
38 039
38 039
38 039
38 039
Free-cash
27 360
33 141
21 702
31 772

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16253
₽4022
₽41290
₽24770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 000
accident
-
-
-
254
income
-
-
-
22 760
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
29 762
Employee
37 671
-
80 604
-
health
4 313
-
9 229
-
income
5 168
-
14 986
-
pensions
4 242
-
7 670
-
total
13 723
-
31 885
-
Employer
37 671
-
80 604
-
accident
629
-
1 346
-
unemployment
923
-
1 975
-
pensions
6 125
-
11 076
-
total
7 677
-
14 397
-
Corporate
49 652
95 000
-
-
income

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

44 687
85 500
-
-
total
44 687
85 500
-
-
Dividends
4 965
9 500
-
-
withholding
943
1 805
-
-
total
943
1 805
-
-
Income
95 000
95 000
95 000
95 000
Total tax
67 030
87 305
46 282
29 762
After tax
27 970
7 695
48 718
65 238
Living cost
23 948
23 948
23 948
23 948
Free-cash
4 022
-16 253
24 770
41 290

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66237
₽62110
₽40773
₽44586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
475
health insurance
-
-
-
7 030
income
-
-
-
14 397
pensions
-
-
-
17 480
unemployment
-
-
-
1 140
total
-
-
-
40 522
Employee

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

21 928
-
95 000
-
work injury
110
-
406
-
income
2 193
-
14 397
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
36 709
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 072
95 000
-
-
income

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

-
950
-
-
total
-
950
-
-
Dividends
73 072
94 050
-
-
withholding
10 961
14 108
-
-
total
10 961
14 108
-
-
Income
95 000
95 000
95 000
95 000
Total tax
19 185
15 058
36 709
40 522
After tax
75 815
79 942
58 291
54 478
Living cost
13 705
13 705
13 705
13 705
Free-cash
62 110
66 237
44 586
40 773

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9607
₽4990
₽7934
₽3589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
636
regional
-
-
-
1 836
national
-
-
-
19 727
social contributions
-
-
-
24 434
total
-
-
-
46 633
Employee
85 526
-
95 000
-
social contributions
28 839
-
32 034
-
regional
1 291
-
1 538
-
municipal
510
-
566
-
national
14 453
-
16 840
-
total
45 093
-
50 978
-
Employer
85 526
-
95 000
-
total
-
-
-
-
Corporate
9 474
95 000
-
-
nationa
2 275
22 801
-
-
municipal
456
4 578
-
-
total
2 731
27 379
-
-
Dividends
6 743
67 621
-
-
withholding
1 753
17 581
-
-
total
1 753
17 581
-
-
Income
95 000
95 000
95 000
95 000
Total tax
49 577
44 960
50 978
46 633
After tax
45 423
50 040
44 022
48 367
Living cost
40 433
40 433
40 433
40 433
Free-cash
4 990
9 607
3 589
7 934

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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