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
₽ 96000
per

Your estimated
City
free-cash

Dresden , Germany
₽17984
₽29151
₽30633
₽38362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
trade
-
-
-
7 729
income

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

-
-
-
19 126
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.

-
-
-
6 894
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.

-
-
-
1 051
total
-
-
-
34 800
Employee

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

38 599
-
96 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
1 051
-
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.

1 078
-
19 126
-
total
8 031
-
27 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 401
96 000
-
-
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.

473
793
-
-
income
8 610
14 400
-
-
trade
9 041
15 120
-
-
chamber of commerce
236
291
-
-
total
18 360
30 604
-
-
Dividends
39 041
65 396
-
-
surtax

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

515
879
-
-
withholding
9 376
15 966
-
-
total
9 891
16 845
-
-
Income
96 000
96 000
96 000
96 000
Total tax
36 282
47 449
27 071
34 800
After tax
59 718
48 551
68 929
61 200
Living cost
30 567
30 567
30 567
30 567
Free-cash
29 151
17 984
38 362
30 633

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8910
₽8062
₽7106
₽7861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
9 942
pensions
-
-
-
11 520
national
-
-
-
15 406
social contributions
-
-
-
1 032
total
-
-
-
37 900
Employee
79 050
-
82 991
-
municipal
9 764
-
10 313
-
pensions
3 162
-
3 320
-
national
15 130
-
15 981
-
total
28 056
-
29 614
-
Employer
79 050
-
82 991
-
social contributions
850
-
892
-
pensions
6 324
-
6 639
-
total
7 174
-
7 531
-
Corporate
4 559
96 000
-
-
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%.

912
19 200
-
-
total
912
19 200
-
-
Dividends
3 647
76 800
-
-
withholding
802
16 896
-
-
total
802
16 896
-
-
Income
96 000
96 000
96 000
96 000
Total tax
36 944
36 096
37 145
37 900
After tax
59 056
59 904
58 855
58 100
Living cost
50 994
50 994
50 994
50 994
Free-cash
8 062
8 910
7 861
7 106

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55804
₽47528
₽30309
₽33171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
microenterprise
-
-
-
-
income
-
-
-
13 832
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.

-
-
-
30 864
total
-
-
-
44 696
Employee
29 489
-
77 362
-
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.

3 244
-
8 511
-
surtax
-
-
-
-
income
5 249
-
14 687
-
total
8 493
-
23 198
-
Employer
29 489
-
77 362
-
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.

7 103
-
18 636
-
surtax
-
-
-
-
total
7 103
-
18 636
-
Corporate
59 408
96 000
-
-
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%.

11 881
19 201
-
-
total
11 881
19 201
-
-
Dividends

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

47 527
76 799
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
27 477
19 201
41 834
44 696
After tax
68 523
76 799
54 166
51 304
Living cost
20 995
20 995
20 995
20 995
Free-cash
47 528
55 804
33 171
30 309

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1453
-₽4212
₽12242
-₽4212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
17 847
pensions
-
-
-
11 824
health
-
-
-
11 811
total
-
-
-
41 482
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
57 936
52 271
57 936
41 482
After tax
38 064
43 729
38 064
54 518
Living cost
42 276
42 276
42 276
42 276
Free-cash
-4 212
1 453
-4 212
12 242

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
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.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13424
₽12549
₽11006
₽12275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
21 245
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
46 002
Employee
55 560
-
73 048
-
municipal
16 568
-
21 783
-
national
-
-
-
-
total
16 568
-
21 783
-
Employer
55 560
-
73 048
-
accident
111
-
146
-
other
6 456
-
8 488
-
unemployment
1 467
-
1 928
-
pensions
6 006
-
7 896
-
health
3 417
-
4 492
-
total
17 457
-
22 950
-
Corporate
22 983
96 000
-
-
income
5 056
21 120
-
-
total
5 056
21 120
-
-
Dividends
17 927
74 880
-
-
withholding
5 378
22 464
-
-
total
5 378
22 464
-
-
Income
96 000
96 000
96 000
96 000
Total tax
44 459
43 584
44 733
46 002
After tax
51 541
52 416
51 267
49 998
Living cost
38 992
38 992
38 992
38 992
Free-cash
12 549
13 424
12 275
11 006

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8414
₽22596
₽21210
₽29284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
trade
-
-
-
8 074
income

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

-
-
-
19 126
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.

-
-
-
6 894
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.

-
-
-
1 051
total
-
-
-
35 145
Employee

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

51 178
-
96 000
-
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.

6 894
-
6 894
-
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.

241
-
1 051
-
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.

4 397
-
19 126
-
total
11 532
-
27 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 822
96 000
-
-
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.

370
793
-
-
income
6 724
14 400
-
-
trade
7 373
15 792
-
-
chamber of commerce
216
289
-
-
total
14 683
31 274
-
-
Dividends
30 139
64 726
-
-
surtax

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

393
869
-
-
withholding
7 151
15 798
-
-
total
7 544
16 667
-
-
Income
96 000
96 000
96 000
96 000
Total tax
33 759
47 941
27 071
35 145
After tax
62 241
48 059
68 929
60 855
Living cost
39 645
39 645
39 645
39 645
Free-cash
22 596
8 414
29 284
21 210

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37564
₽33381
₽36040
₽35945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
9 803
health
-
-
-
2 448
social contributions
-
-
-
14 976
total
-
-
-
27 227
Employee
77 601
77 601
87 154
-
social contributions
3 771
6 441
7 233
-
health
772
1 320
1 482
-
income
8 149
7 184
9 761
-
total
12 692
14 945
18 476
-
Employer
77 601
77 601
87 154
-
social contributions
3 771
6 441
7 233
-
health
841
1 436
1 613
-
total
4 612
7 877
8 846
-
Corporate
45 964
10 522
-
-
income
5 745
1 316
-
-
total
5 745
1 316
-
-
Dividends
40 219
9 206
-
-
withholding
6 837
1 565
-
-
total
6 837
1 565
-
-
Income
96 000
96 000
96 000
96 000
Total tax
29 886
25 703
27 322
27 227
After tax
66 114
70 297
68 678
68 773
Living cost
32 733
32 733
32 733
32 733
Free-cash
33 381
37 564
35 945
36 040

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35764
₽36145
₽48168
₽37317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
11 736
pensions
-
-
-
9 600
unemployment
-
-
-
1 440
health
-
-
-
6 720
total
-
-
-
29 496
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.

26 469
10 534
80 335
-
health
1 853
737
5 623
-
income
3 236
1 288
9 821
-
pensions
2 647
1 053
8 033
-
unemployment
397
158
1 205
-
total
8 133
3 236
24 682
-
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.

26 469
10 534
80 335
-
pensions
5 161
2 054
15 665
-
total
5 161
2 054
15 665
-
Corporate
64 370
83 412
-
-
income
5 793
7 507
-
-
total
5 793
7 507
-
-
Dividends
58 577
75 905
-
-
social contributions
11 302
14 681
-
-
withholding
11 130
14 422
-
-
total
22 432
29 103
-
-
Income
96 000
96 000
96 000
96 000
Total tax
41 519
41 900
40 347
29 496
After tax
54 481
54 100
55 653
66 504
Living cost
18 336
18 336
18 336
18 336
Free-cash
36 145
35 764
37 317
48 168

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52424
₽46155
₽27081
₽30959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
12 864
pensions
-
-
-
19 199
health
-
-
-
12 481
total
-
-
-
44 544
Employee
28 629
-
71 749
-
income
3 223
-
13 833
-
pensions
573
-
1 434
-
unemployment
458
-
1 147
-
total
4 254
-
16 414
-
Employer
28 629
-
71 749
-
unemployment
230
-
575
-
pensions
5 726
-
14 350
-
health
3 721
-
9 327
-
total
9 677
-
24 252
-
Corporate
57 694
96 000
-
-
income
11 539
19 201
-
-
total
11 539
19 201
-
-
Dividends
46 155
76 799
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
25 470
19 201
40 666
44 544
After tax
70 530
76 799
55 334
51 456
Living cost
24 375
24 375
24 375
24 375
Free-cash
46 155
52 424
30 959
27 081

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14296
₽4390
₽43845
₽27238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
253
income
-
-
-
23 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 083
Employee
34 721
-
81 585
-
health
3 975
-
9 341
-
income
4 763
-
15 280
-
pensions
3 910
-
7 654
-
total
12 648
-
32 275
-
Employer
34 721
-
81 585
-
accident
580
-
1 363
-
unemployment
851
-
1 999
-
pensions
5 646
-
11 053
-
total
7 077
-
14 415
-
Corporate
54 203
96 000
-
-
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.

48 783
86 400
-
-
total
48 783
86 400
-
-
Dividends
5 420
9 600
-
-
withholding
1 030
1 824
-
-
total
1 030
1 824
-
-
Income
96 000
96 000
96 000
96 000
Total tax
69 538
88 224
46 690
30 083
After tax
26 462
7 776
49 310
65 917
Living cost
22 072
22 072
22 072
22 072
Free-cash
4 390
-14 296
27 238
43 845

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82120
₽80417
₽85960
₽67720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
96 000
microenterprise

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

-
-
-
960
total
-
-
-
960
Employee
11 349
-
96 000
-
income
2 270
-
19 200
-
total
2 270
-
19 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 651
96 000
-
-
total
-
-
-
-
Dividends
84 651
96 000
-
-
withholding
4 233
4 800
-
-
total
4 233
4 800
-
-
Income
96 000
96 000
96 000
96 000
Total tax
6 503
4 800
19 200
960
After tax
89 497
91 200
76 800
95 040
Living cost
9 080
9 080
9 080
9 080
Free-cash
80 417
82 120
67 720
85 960

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43640
₽36827
₽25089
₽29381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
12 194
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.

-
-
-
23 041
other
-
-
-
4 560
health
-
-
-
4 225
total
-
-
-
44 020
Employee
36 642
-
76 678
-
health
513
-
1 074
-
income
6 308
-
13 199
-
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.

2 564
-
5 368
-
unemployment
366
-
766
-
total
9 751
-
20 407
-
Employer
36 642
-
76 678
-
accident
293
-
613
-
other
1 833
-
3 834
-
unemployment
366
-
766
-
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.

6 230
-
13 034
-
health
513
-
1 074
-
total
9 235
-
19 321
-
Corporate
50 123
96 000
-
-
income
10 525
20 160
-
-
total
10 525
20 160
-
-
Dividends
39 598
75 840
-
-
withholding
2 771
5 309
-
-
total
2 771
5 309
-
-
Income
96 000
96 000
96 000
96 000
Total tax
32 282
25 469
39 728
44 020
After tax
63 718
70 531
56 272
51 980
Living cost
26 891
26 891
26 891
26 891
Free-cash
36 827
43 640
29 381
25 089

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3997
-₽12956
₽2431
-₽7424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
18 894
pensions
-
-
-
6 949
total
-
-
-
25 843
Employee
95 822
-
84 624
-
health
1 579
-
1 349
-
income
17 273
-
15 074
-
pensions
9 244
-
7 899
-
total
28 096
-
24 322
-
Employer
95 822
-
84 624
-
pensions
11 314
-
9 768
-
health
1 820
-
1 608
-
total
13 134
-
11 376
-
Corporate
-
96 000
-
-
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.

-
18 241
-
-
total
-
18 241
-
-
Dividends
-
77 759
-
-
withholding
-
6 036
-
-
total
-
6 036
-
-
Income
96 000
96 000
96 000
96 000
Total tax
41 230
24 277
35 698
25 843
After tax
54 770
71 723
60 302
70 157
Living cost
67 726
67 726
67 726
67 726
Free-cash
-12 956
3 997
-7 424
2 431

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68841
₽64151
₽58944
₽61825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
14 400
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 817
Employee
17 531
-
89 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 908
-
pensions

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

1 539
-
3 097
-
total
4 291
-
14 015
-
Employer
17 531
-
89 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
75 029
96 000
-
-
income
7 503
9 600
-
-
total
7 503
9 600
-
-
Dividends
67 526
86 400
-
-
withholding
3 376
4 320
-
-
total
3 376
4 320
-
-
Income
96 000
96 000
96 000
96 000
Total tax
18 610
13 920
20 936
23 817
After tax
77 390
82 080
75 064
72 183
Living cost
13 239
13 239
13 239
13 239
Free-cash
64 151
68 841
61 825
58 944

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12232
-₽13946
-₽1443
-₽17897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
17 847
pensions
-
-
-
11 824
health
-
-
-
11 811
total
-
-
-
41 482
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
53 985
52 271
57 936
41 482
After tax
42 015
43 729
38 064
54 518
Living cost
55 961
55 961
55 961
55 961
Free-cash
-13 946
-12 232
-17 897
-1 443

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41925
₽33303
₽22586
₽24545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
8 251
health
-
-
-
12 960
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 032
total
-
-
-
49 243
Employee
35 546
-
71 642
-
social contributions
2 310
-
4 657
-
health
4 799
-
9 672
-
solidarity contribution
-
-
-
-
income
4 265
-
8 597
-
total
11 374
-
22 926
-
Employer
35 546
-
71 642
-
social contributions
8 886
-
17 910
-
health
3 199
-
6 448
-
total
12 085
-
24 358
-
Corporate
48 369
96 000
-
-
income
9 190
18 240
-
-
total
9 190
18 240
-
-
Dividends
39 179
77 760
-
-
withholding
5 877
11 664
-
-
total
5 877
11 664
-
-
Income
96 000
96 000
96 000
96 000
Total tax
38 526
29 904
47 284
49 243
After tax
57 474
66 096
48 716
46 757
Living cost
24 171
24 171
24 171
24 171
Free-cash
33 303
41 925
24 545
22 586

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8635
₽3367
₽7053
₽2486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
571
regional
-
-
-
1 051
national
-
-
-
20 049
social contributions
-
-
-
24 692
total
-
-
-
46 363
Employee
89 690
-
96 000
-
social contributions
30 243
-
32 371
-
regional
846
-
919
-
municipal
475
-
509
-
national
15 541
-
17 131
-
total
47 105
-
50 930
-
Employer
89 690
-
96 000
-
total
-
-
-
-
Corporate
6 310
96 000
-
-
nationa
1 515
23 041
-
-
municipal
247
3 744
-
-
total
1 762
26 785
-
-
Dividends
4 548
69 215
-
-
withholding
1 182
17 996
-
-
total
1 182
17 996
-
-
Income
96 000
96 000
96 000
96 000
Total tax
50 049
44 781
50 930
46 363
After tax
45 951
51 219
45 070
49 637
Living cost
42 584
42 584
42 584
42 584
Free-cash
3 367
8 635
2 486
7 053

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38115
₽34974
₽27626
₽25771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
17 765
pensions
-
-
-
19 201
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 816
surtax
-
-
-
2 093
total
-
-
-
46 105
Employee
33 373
-
79 304
-
other
-
-
-
-
health
852
-
2 022
-
surtax
109
-
1 881
-
income
5 594
-
16 552
-
pensions
2 225
-
5 290
-
unemployment
2 323
-
5 519
-
total
11 103
-
31 264
-
Employer
33 373
-
79 304
-
other
-
-
-
-
unemployment
1 057
-
2 515
-
pensions
4 449
-
10 571
-
health
1 519
-
3 610
-
total
7 025
-
16 696
-
Corporate
55 602
96 000
-
-
income
14 457
24 960
-
-
total
14 457
24 960
-
-
Dividends
41 145
71 040
-
-
withholding
6 172
10 656
-
-
total
6 172
10 656
-
-
Income
96 000
96 000
96 000
96 000
Total tax
38 757
35 616
47 960
46 105
After tax
57 243
60 384
48 040
49 895
Living cost
22 269
22 269
22 269
22 269
Free-cash
34 974
38 115
25 771
27 626

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25454
₽17691
₽23888
₽14033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
18 894
pensions
-
-
-
6 949
total
-
-
-
25 843
Employee
64 218
-
84 624
-
health
932
-
1 349
-
income
11 566
-
15 074
-
pensions
5 451
-
7 899
-
total
17 949
-
24 322
-
Employer
64 218
-
84 624
-
pensions
6 952
-
9 768
-
health
1 220
-
1 608
-
total
8 172
-
11 376
-
Corporate
23 611
96 000
-
-
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.

4 485
18 241
-
-
total
4 485
18 241
-
-
Dividends
19 126
77 759
-
-
withholding
1 434
6 036
-
-
total
1 434
6 036
-
-
Income
96 000
96 000
96 000
96 000
Total tax
32 040
24 277
35 698
25 843
After tax
63 960
71 723
60 302
70 157
Living cost
46 269
46 269
46 269
46 269
Free-cash
17 691
25 454
14 033
23 888

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32375
-₽1764
₽3997
-₽875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
city
-
-
-
1 011
pensions
-
-
-
8 831
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.

-
-
-
1 920
regional
-
-
-
3 187
health
-
-
-
249
national
-
-
-
531
total
-
-
-
15 729
Employee
89 260
-
85 927
-
city
958
-
923
-
regional
2 923
-
2 743
-
health
202
-
194
-
pensions
7 499
-
7 217
-
unemployment
-
-
-
-
national
422
-
395
-
total
12 004
-
11 472
-
Employer
89 260
-
85 927
-
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.

1 785
-
1 718
-
unemployment
-
-
-
-
pensions
7 499
-
7 217
-
health
202
-
194
-
total
9 486
-
9 129
-
Corporate
-
96 000
-
-
regional
-
20 305
-
-
national
-
8 159
-
-
total
-
28 464
-
-
Dividends
-
67 536
-
-
withholding
-
23 637
-
-
total
-
23 637
-
-
Income
96 000
96 000
96 000
96 000
Total tax
21 490
52 101
20 601
15 729
After tax
74 510
43 899
75 399
80 271
Living cost
76 274
76 274
76 274
76 274
Free-cash
-1 764
-32 375
-875
3 997

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1334
₽17698
₽14281
₽22698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
trade
-
-
-
8 417
income

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

-
-
-
19 126
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.

-
-
-
6 894
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.

-
-
-
1 051
total
-
-
-
35 488
Employee

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

60 650
-
96 000
-
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.

6 894
-
6 894
-
surtax

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

393
-
1 051
-
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.

7 132
-
19 126
-
total
14 419
-
27 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 350
96 000
-
-
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.

291
793
-
-
income
5 303
14 400
-
-
trade
6 063
16 464
-
-
chamber of commerce
203
289
-
-
total
11 860
31 946
-
-
Dividends
23 490
64 054
-
-
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.

303
860
-
-
withholding
5 489
15 629
-
-
total
5 792
16 489
-
-
Income
96 000
96 000
96 000
96 000
Total tax
32 071
48 435
27 071
35 488
After tax
63 929
47 565
68 929
60 512
Living cost
46 231
46 231
46 231
46 231
Free-cash
17 698
1 334
22 698
14 281

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13857
₽19819
₽20894
₽20176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
8 447
pensions
-
-
-
24 912
other
-
-
-
2 978
health
-
-
-
1 507
surtax
-
-
-
-
social contributions
-
-
-
2 735
total
-
-
-
40 579
Employee
43 191
-
73 153
-
social contributions
1 231
-
2 086
-
surtax
-
-
-
-
income
2 549
-
8 091
-
pensions
4 884
-
8 273
-
total
8 664
-
18 450
-
Employer
43 191
-
73 153
-
other
1 490
-
2 524
-
social contributions
130
-
220
-
unemployment
1 748
-
2 963
-
pensions
7 095
-
12 019
-
health
3 024
-
5 121
-
total
13 487
-
22 847
-
Corporate
39 320
96 000
-
-
surtax
-
-
-
-
income
11 010
26 881
-
-
total
11 010
26 881
-
-
Dividends
28 310
69 119
-
-
surtax
-
-
-
-
social contributions
4 870
11 887
-
-
withholding
3 623
8 848
-
-
total
8 493
20 735
-
-
Income
96 000
96 000
96 000
96 000
Total tax
41 654
47 616
41 297
40 579
After tax
54 346
48 384
54 703
55 421
Living cost
34 527
34 527
34 527
34 527
Free-cash
19 819
13 857
20 176
20 894

Estimated living cost  is ₽34527 per week

₽21771
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.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17277
₽22884
₽24314
₽23596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
8 447
pensions
-
-
-
24 912
other
-
-
-
2 978
health
-
-
-
1 507
surtax
-
-
-
-
social contributions
-
-
-
2 735
total
-
-
-
40 579
Employee
38 554
-
73 153
-
social contributions
1 099
-
2 086
-
surtax
-
-
-
-
income
1 988
-
8 091
-
pensions
4 361
-
8 273
-
total
7 448
-
18 450
-
Employer
38 554
-
73 153
-
other
1 331
-
2 524
-
social contributions
115
-
220
-
unemployment
1 561
-
2 963
-
pensions
6 335
-
12 019
-
health
2 698
-
5 121
-
total
12 040
-
22 847
-
Corporate
45 405
96 000
-
-
surtax
-
-
-
-
income
12 713
26 881
-
-
total
12 713
26 881
-
-
Dividends
32 693
69 119
-
-
surtax
-
-
-
-
social contributions
5 623
11 887
-
-
withholding
4 185
8 848
-
-
total
9 808
20 735
-
-
Income
96 000
96 000
96 000
96 000
Total tax
42 009
47 616
41 297
40 579
After tax
53 991
48 384
54 703
55 421
Living cost
31 107
31 107
31 107
31 107
Free-cash
22 884
17 277
23 596
24 314

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37170
₽37695
₽40251
₽40673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
14 400
health
-
-
-
6 701
social contributions
-
-
-
13 249
total
-
-
-
34 350
Employee
34 217
-
96 000
-
social contributions
4 723
-
13 249
-
health
2 388
-
6 701
-
income
5 707
-
13 978
-
total
12 818
-
33 928
-
Employer
34 217
-
96 000
-
total
-
-
-
-
Corporate
61 783
96 000
-
-
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%.

3 089
4 799
-
-
total
3 089
4 799
-
-
Dividends
58 694
91 201
-
-
health
4 096
6 366
-
-
social contributions
8 099
12 586
-
-
withholding
8 804
13 680
-
-
total
20 999
32 632
-
-
Income
96 000
96 000
96 000
96 000
Total tax
36 906
37 431
33 928
34 350
After tax
59 094
58 569
62 072
61 650
Living cost
21 399
21 399
21 399
21 399
Free-cash
37 695
37 170
40 673
40 251

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18335
₽16774
₽13451
-₽5798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
chamber of commerce
-
-
-
385
income
-
-
-
15 110
pensions
-
-
-
17 761
unemployment
-
-
-
6 190
health
-
-
-
7 344
surtax
-
-
-
199
total
-
-
-
46 989
Employee
50 434
40 217
74 394
-
other
504
402
743
-
health
1 952
1 557
2 878
-
income
5 742
2 967
13 523
-
pensions
5 165
4 117
7 618
-
unemployment
1 513
1 207
2 231
-
total
14 876
10 250
26 993
-
Employer
50 434
40 217
74 394
-
accident
655
523
967
-
other
2 396
1 909
3 533
-
chamber of commerce
201
161
297
-
unemployment
1 513
1 207
2 231
-
surtax
199
199
199
-
pensions
6 329
5 048
9 336
-
payroll
1 513
1 207
2 231
-
health
1 906
1 521
2 811
-
total
14 712
11 775
21 605
-
Corporate
30 854
44 009
70 563
-
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.

7 714
11 002
17 640
-
total
7 714
11 002
17 640
-
Dividends
23 140
33 006
-
-
withholding
6 364
9 078
-
-
total
6 364
9 078
-
-
Income
96 000
96 000
96 000
96 000
Total tax
43 666
42 105
66 238
46 989
After tax
52 334
53 895
29 762
49 011
Living cost
35 560
35 560
35 560
35 560
Free-cash
16 774
18 335
-5 798
13 451

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17062
₽1930
₽8894
₽927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
national
-
-
-
30 722
communal

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

-
-
-
4 878
social contributions
-
-
-
14 710
total
-
-
-
50 310
Employee

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

72 187
-
74 355
-
communal

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

3 765
-
3 878
-
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.

3 392
-
3 493
-
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.

5 414
-
5 577
-
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.

628
-
647
-
national
22 193
-
23 042
-
total
35 392
-
36 637
-
Employer

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

72 187
-
74 355
-
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.

938
-
965
-
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.

1 053
-
1 086
-
surtax
8 185
-
8 430
-
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.

6 396
-
6 588
-
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.

4 439
-
4 571
-
total
21 011
-
21 640
-
Corporate
2 800
96 000
-
-
surtax
11
385
-
-
income
559
19 201
-
-
total
570
19 586
-
-
Dividends
2 229
76 414
-
-
withholding

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

301
22 556
-
-
total
301
22 556
-
-
Income
96 000
96 000
96 000
96 000
Total tax
57 274
42 142
58 277
50 310
After tax
38 726
53 858
37 723
45 690
Living cost
36 796
36 796
36 796
36 796
Free-cash
1 930
17 062
927
8 894

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28247
₽20209
₽14585
₽14733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
843
income
-
-
-
16 906
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 969
Employee
50 235
-
72 793
-
other
50
-
73
-
income
10 599
-
16 992
-
pensions
2 361
-
3 420
-
unemployment
779
-
1 128
-
total
13 789
-
21 613
-
Employer
50 235
-
72 793
-
accident
994
-
1 442
-
other
400
-
582
-
unemployment
2 764
-
4 005
-
pensions
11 855
-
17 179
-
total
16 013
-
23 208
-
Corporate
29 753
96 000
-
-
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.

4 462
14 400
-
-
total
4 462
14 400
-
-
Dividends
25 291
81 600
-
-
withholding
5 081
16 907
-
-
total
5 081
16 907
-
-
Income
96 000
96 000
96 000
96 000
Total tax
39 345
31 307
44 821
44 969
After tax
56 655
64 693
51 179
51 031
Living cost
36 446
36 446
36 446
36 446
Free-cash
20 209
28 247
14 733
14 585

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4059
-₽2572
₽702
₽5150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
810
income
-
-
-
7 684
pensions
-
-
-
14 390
health
-
-
-
6 745
surtax
-
-
-
4 759
communal
-
-
-
6 067
total
-
-
-
40 455
Employee
76 425
-
85 752
-
health
3 401
-
3 817
-
surtax
4 684
-
5 255
-
income
7 382
-
9 827
-
pensions
6 113
-
6 860
-
total
21 580
-
25 759
-
Employer
76 425
-
85 752
-
accident
688
-
772
-
pensions
6 113
-
6 860
-
health
2 331
-
2 616
-
total
9 132
-
10 248
-
Corporate
10 444
96 000
-
-
surtax
109
1 007
-
-
communal
-
6 481
-
-
income
1 567
14 400
-
-
total
1 676
21 888
-
-
Dividends
8 768
74 112
-
-
income
10 025
4 093
-
-
withholding
1 316
11 117
-
-
total
11 341
15 210
-
-
Income
96 000
96 000
96 000
96 000
Total tax
43 729
37 098
36 007
40 455
After tax
52 271
58 902
59 993
55 545
Living cost
54 843
54 843
54 843
54 843
Free-cash
-2 572
4 059
5 150
702

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37717
₽34507
₽27228
₽25373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
17 765
pensions
-
-
-
19 201
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 816
surtax
-
-
-
2 093
total
-
-
-
46 105
Employee
33 986
-
79 304
-
other
-
-
-
-
health
868
-
2 022
-
surtax
121
-
1 881
-
income
5 697
-
16 552
-
pensions
2 267
-
5 290
-
unemployment
2 365
-
5 519
-
total
11 318
-
31 264
-
Employer
33 986
-
79 304
-
other
-
-
-
-
unemployment
1 078
-
2 515
-
pensions
4 531
-
10 571
-
health
1 545
-
3 610
-
total
7 154
-
16 696
-
Corporate
54 859
96 000
-
-
income
14 264
24 960
-
-
total
14 264
24 960
-
-
Dividends
40 596
71 040
-
-
withholding
6 090
10 656
-
-
total
6 090
10 656
-
-
Income
96 000
96 000
96 000
96 000
Total tax
38 826
35 616
47 960
46 105
After tax
57 174
60 384
48 040
49 895
Living cost
22 667
22 667
22 667
22 667
Free-cash
34 507
37 717
25 373
27 228

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23275
₽21034
₽22056
₽17512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
571
regional
-
-
-
1 447
national
-
-
-
20 049
social contributions
-
-
-
24 692
total
-
-
-
46 759
Employee
55 981
-
96 000
-
social contributions
18 877
-
32 371
-
regional
754
-
1 292
-
municipal
297
-
509
-
national
8 869
-
17 131
-
total
28 797
-
51 303
-
Employer
55 981
-
96 000
-
total
-
-
-
-
Corporate
40 019
96 000
-
-
nationa
9 604
23 041
-
-
municipal
1 990
4 771
-
-
total
11 594
27 812
-
-
Dividends
28 425
68 189
-
-
withholding
7 390
17 728
-
-
total
7 390
17 728
-
-
Income
96 000
96 000
96 000
96 000
Total tax
47 781
45 540
51 303
46 759
After tax
48 219
50 460
44 697
49 241
Living cost
27 185
27 185
27 185
27 185
Free-cash
21 034
23 275
17 512
22 056

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36311
₽25686
₽16972
₽18931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
8 251
health
-
-
-
12 960
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 032
total
-
-
-
49 243
Employee
43 801
-
71 642
-
social contributions
2 847
-
4 657
-
health
5 913
-
9 672
-
solidarity contribution
-
-
-
-
income
5 256
-
8 597
-
total
14 016
-
22 926
-
Employer
43 801
-
71 642
-
social contributions
10 950
-
17 910
-
health
3 942
-
6 448
-
total
14 892
-
24 358
-
Corporate
37 306
96 000
-
-
income
7 088
18 240
-
-
total
7 088
18 240
-
-
Dividends
30 218
77 760
-
-
withholding
4 533
11 664
-
-
total
4 533
11 664
-
-
Income
96 000
96 000
96 000
96 000
Total tax
40 529
29 904
47 284
49 243
After tax
55 471
66 096
48 716
46 757
Living cost
29 785
29 785
29 785
29 785
Free-cash
25 686
36 311
18 931
16 972

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21807
₽21309
₽17013
-₽2404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
chamber of commerce
-
-
-
385
income
-
-
-
15 110
pensions
-
-
-
17 761
unemployment
-
-
-
6 190
health
-
-
-
7 344
surtax
-
-
-
-
total
-
-
-
46 790
Employee
44 114
40 217
74 545
-
other
440
402
745
-
health
1 706
1 557
2 884
-
income
3 930
2 967
13 574
-
pensions
4 518
4 117
7 634
-
unemployment
1 323
1 207
2 237
-
total
11 917
10 250
27 074
-
Employer
44 114
40 217
74 545
-
accident
573
523
969
-
other
2 095
1 909
3 541
-
chamber of commerce
176
161
299
-
unemployment
1 323
1 207
2 237
-
surtax
-
-
-
-
pensions
5 537
5 048
9 355
-
payroll
1 323
1 207
2 237
-
health
1 668
1 521
2 817
-
total
12 695
11 576
21 455
-
Corporate
39 190
44 208
70 715
-
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.

9 798
11 052
17 678
-
total
9 798
11 052
17 678
-
Dividends
29 393
33 156
-
-
withholding
8 084
9 118
-
-
total
8 084
9 118
-
-
Income
96 000
96 000
96 000
96 000
Total tax
42 494
41 996
66 207
46 790
After tax
53 506
54 004
29 793
49 210
Living cost
32 197
32 197
32 197
32 197
Free-cash
21 309
21 807
-2 404
17 013

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77051
₽74398
₽80891
₽62651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
96 000
microenterprise

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

-
-
-
960
total
-
-
-
960
Employee
17 686
-
96 000
-
income
3 537
-
19 200
-
total
3 537
-
19 200
-
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%.

78 314
96 000
-
-
total
-
-
-
-
Dividends
78 314
96 000
-
-
withholding
3 916
4 800
-
-
total
3 916
4 800
-
-
Income
96 000
96 000
96 000
96 000
Total tax
7 453
4 800
19 200
960
After tax
88 547
91 200
76 800
95 040
Living cost
14 149
14 149
14 149
14 149
Free-cash
74 398
77 051
62 651
80 891

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39026
₽30586
₽22816
₽20064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
income
-
-
-
18 993
pensions
-
-
-
17 533
unemployment
-
-
-
144
health
-
-
-
9 445
total
-
-
-
46 115
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.

44 626
-
83 067
-
health
2 882
-
5 366
-
income
7 696
-
17 576
-
pensions
6 917
-
12 875
-
unemployment
63
-
117
-
total
17 558
-
35 934
-
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.

44 626
-
83 067
-
unemployment
27
-
50
-
pensions
3 949
-
7 352
-
health
2 972
-
5 531
-
total
6 948
-
12 933
-
Corporate
44 426
96 000
-
-
income
8 442
18 240
-
-
total
8 442
18 240
-
-
Dividends
35 984
77 760
-
-
withholding
5 397
11 665
-
-
total
5 397
11 665
-
-
Income
96 000
96 000
96 000
96 000
Total tax
38 345
29 905
48 867
46 115
After tax
57 655
66 095
47 133
49 885
Living cost
27 069
27 069
27 069
27 069
Free-cash
30 586
39 026
20 064
22 816

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14822
-₽54609
₽22760
₽39128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
18 712
social contributions
-
-
-
10 944
total
-
-
-
29 656
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
96 000
-
-
income
-
21 120
-
-
total
-
21 120
-
-
Dividends
-
74 880
-
-
income
-
16 474
-
-
total
-
16 474
-
-
Income
96 000
96 000
96 000
96 000
Total tax
107 025
37 594
13 288
29 656
After tax
-11 025
58 406
82 712
66 344
Living cost
43 584
43 584
43 584
43 584
Free-cash
-54 609
14 822
39 128
22 760

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22950
₽21935
₽22254
₽17603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
income
-
-
-
8 732
surtax
-
-
-
-
social contributions

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

-
-
-
33 359
total
-
-
-
42 091
Employee
46 415
-
77 575
-
social contributions
5 106
-
8 534
-
surtax
-
-
-
-
income
9 654
-
19 785
-
total
14 760
-
28 319
-
Employer
46 415
-
77 575
-
social contributions
11 023
-
18 423
-
total
11 023
-
18 423
-
Corporate
38 562
96 000
-
-
surtax
-
-
-
-
income
8 097
20 160
-
-
total
8 097
20 160
-
-
Dividends
30 465
75 840
-
-
withholding
8 530
21 235
-
-
total
8 530
21 235
-
-
Income
96 000
96 000
96 000
96 000
Total tax
42 410
41 395
46 742
42 091
After tax
53 590
54 605
49 258
53 909
Living cost
31 655
31 655
31 655
31 655
Free-cash
21 935
22 950
17 603
22 254

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽358
₽6579
₽6679
₽5961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
8 447
pensions
-
-
-
24 912
other
-
-
-
2 978
health
-
-
-
1 507
surtax
-
-
-
-
social contributions
-
-
-
2 735
total
-
-
-
40 579
Employee
63 207
-
73 153
-
social contributions
1 800
-
2 086
-
surtax
-
-
-
-
income
5 515
-
8 091
-
pensions
7 149
-
8 273
-
total
14 464
-
18 450
-
Employer
63 207
-
73 153
-
other
2 181
-
2 524
-
social contributions
190
-
220
-
unemployment
2 561
-
2 963
-
pensions
10 386
-
12 019
-
health
4 424
-
5 121
-
total
19 742
-
22 847
-
Corporate
13 052
96 000
-
-
surtax
-
-
-
-
income
3 654
26 881
-
-
total
3 654
26 881
-
-
Dividends
9 398
69 119
-
-
surtax
-
-
-
-
social contributions
1 616
11 887
-
-
withholding
1 203
8 848
-
-
total
2 819
20 735
-
-
Income
96 000
96 000
96 000
96 000
Total tax
40 679
47 616
41 297
40 579
After tax
55 321
48 384
54 703
55 421
Living cost
48 742
48 742
48 742
48 742
Free-cash
6 579
-358
5 961
6 679

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56064
₽52673
₽43098
₽45735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
1 446
social contributions
-
-
-
21 120
total
-
-
-
22 566
Employee
32 444
-
83 117
-
income
-
-
1 643
-
social contributions
2 109
-
5 403
-
total
2 109
-
7 046
-
Employer
32 444
-
83 117
-
social contributions
5 029
-
12 883
-
total
5 029
-
12 883
-
Corporate
58 527
96 000
-
-
income
5 853
9 600
-
-
total
5 853
9 600
-
-
Dividends
52 674
86 400
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
12 991
9 600
19 929
22 566
After tax
83 009
86 400
76 071
73 434
Living cost
30 336
30 336
30 336
30 336
Free-cash
52 673
56 064
45 735
43 098

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽123973
-₽123973
₽11219
-₽123973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
17 567
pensions
-
-
-
875
national
-
-
-
10 106
labour market
-
-
-
7 610
total
-
-
-
36 158
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 000
96 000
96 000
96 000
Total tax
171 350
171 350
171 350
36 158
After tax
-75 350
-75 350
-75 350
59 842
Living cost
48 623
48 623
48 623
48 623
Free-cash
-123 973
-123 973
-123 973
11 219

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13970
₽4441
₽44171
₽27564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
253
income
-
-
-
23 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 083
Employee
34 209
-
81 585
-
health
3 917
-
9 341
-
income
4 693
-
15 280
-
pensions
3 852
-
7 654
-
total
12 462
-
32 275
-
Employer
34 209
-
81 585
-
accident
571
-
1 363
-
unemployment
838
-
1 999
-
pensions
5 562
-
11 053
-
total
6 971
-
14 415
-
Corporate
54 820
96 000
-
-
income

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

49 338
86 400
-
-
total
49 338
86 400
-
-
Dividends
5 482
9 600
-
-
withholding
1 042
1 824
-
-
total
1 042
1 824
-
-
Income
96 000
96 000
96 000
96 000
Total tax
69 813
88 224
46 690
30 083
After tax
26 187
7 776
49 310
65 917
Living cost
21 746
21 746
21 746
21 746
Free-cash
4 441
-13 970
27 564
44 171

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25461
₽22757
₽29975
₽16414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
96 000
municipal
-
-
-
17 090
health
-
-
-
1 057
national
-
-
-
9 133
total
-
-
-
27 280
Employee
53 095
-
80 760
-
health
396
-
822
-
municipal
8 697
-
13 189
-
pensions
3 583
-
5 450
-
unemployment
797
-
1 212
-
national
877
-
4 930
-
total
14 350
-
25 603
-
Employer
53 095
-
80 760
-
accident
54
-
80
-
unemployment
345
-
525
-
pensions
9 212
-
14 011
-
health
408
-
622
-
total
10 019
-
15 238
-
Corporate
32 887
96 000
-
-
income
6 576
19 201
-
-
total
6 576
19 201
-
-
Dividends

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

19 733
57 599
-
-
national
-
2 225
-
-
municipal
3 553
10 368
-
-
total
3 553
12 593
-
-
Income
96 000
96 000
96 000
96 000
Total tax
34 498
31 794
40 841
27 280
After tax
61 502
64 206
55 159
68 720
Living cost
38 745
38 745
38 745
38 745
Free-cash
22 757
25 461
16 414
29 975

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46932
₽41442
₽45408
₽45313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
9 803
health
-
-
-
2 448
social contributions
-
-
-
14 976
total
-
-
-
27 227
Employee
77 601
77 601
87 154
-
social contributions
2 934
6 441
7 233
-
health
601
1 320
1 482
-
income
8 449
7 184
9 761
-
total
11 984
14 945
18 476
-
Employer
77 601
77 601
87 154
-
social contributions
2 934
6 441
7 233
-
health
653
1 436
1 613
-
total
3 587
7 877
8 846
-
Corporate
57 063
10 522
-
-
income
7 134
1 316
-
-
total
7 134
1 316
-
-
Dividends
49 929
9 206
-
-
withholding
8 488
1 565
-
-
total
8 488
1 565
-
-
Income
96 000
96 000
96 000
96 000
Total tax
31 193
25 703
27 322
27 227
After tax
64 807
70 297
68 678
68 773
Living cost
23 365
23 365
23 365
23 365
Free-cash
41 442
46 932
45 313
45 408

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63476
₽58339
₽60784
₽43205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
96 000
income
-
-
-
9 093
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
19 193
Employee

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

23 164
-
87 035
-
health
1 969
-
7 398
-
income
1 584
-
6 919
-
pensions
3 474
-
13 055
-
unemployment
115
-
435
-
total
7 142
-
27 807
-
Employer

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

23 164
-
87 035
-
unemployment
115
-
435
-
pensions
1 274
-
4 788
-
health
996
-
3 742
-
total
2 385
-
8 965
-
Corporate
70 451
96 000
-
-
income
6 341
8 639
-
-
total
6 341
8 639
-
-
Dividends
64 111
87 361
-
-
withholding
5 770
7 862
-
-
total
5 770
7 862
-
-
Income
96 000
96 000
96 000
96 000
Total tax
21 638
16 501
36 772
19 193
After tax
74 362
79 499
59 228
76 807
Living cost
16 023
16 023
16 023
16 023
Free-cash
58 339
63 476
43 205
60 784

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36942
₽31649
₽23280
₽23428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
843
income
-
-
-
16 906
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 969
Employee
37 315
-
72 793
-
other
36
-
73
-
income
7 194
-
16 992
-
pensions
1 754
-
3 420
-
unemployment
578
-
1 128
-
total
9 562
-
21 613
-
Employer
37 315
-
72 793
-
accident
739
-
1 442
-
other
299
-
582
-
unemployment
2 053
-
4 005
-
pensions
8 806
-
17 179
-
total
11 897
-
23 208
-
Corporate
46 788
96 000
-
-
income

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

7 019
14 400
-
-
total
7 019
14 400
-
-
Dividends
39 769
81 600
-
-
withholding
8 122
16 907
-
-
total
8 122
16 907
-
-
Income
96 000
96 000
96 000
96 000
Total tax
36 600
31 307
44 821
44 969
After tax
59 400
64 693
51 179
51 031
Living cost
27 751
27 751
27 751
27 751
Free-cash
31 649
36 942
23 428
23 280

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57148
₽56694
₽58026
₽57828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
31 751
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
35 218
Employee
4 198
-
93 738
-
health
210
-
503
-
income
812
-
31 645
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
33 154
-
Employer
4 198
-
93 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
90 858
96 000
-
-
income
19 989
21 120
-
-
total
19 989
21 120
-
-
Dividends
70 869
74 880
-
-
withholding
14 174
14 976
-
-
total
14 174
14 976
-
-
Income
96 000
96 000
96 000
96 000
Total tax
36 550
36 096
35 416
35 218
After tax
59 450
59 904
60 584
60 782
Living cost
2 756
2 756
2 756
2 756
Free-cash
56 694
57 148
57 828
58 026

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51907
₽46942
₽32739
₽32740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
income
-
-
-
17 615
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
45 808
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.

26 319
-
82 649
-
health
1 355
-
3 841
-
income
3 628
-
17 615
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
32 457
-
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.

26 319
-
82 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
64 970
96 000
-
-
income
9 746
14 400
-
-
total
9 746
14 400
-
-
Dividends
55 225
81 600
-
-
withholding
8 284
12 240
-
-
total
8 284
12 240
-
-
Income
96 000
96 000
96 000
96 000
Total tax
31 605
26 640
45 807
45 808
After tax
64 395
69 360
50 193
50 192
Living cost
17 453
17 453
17 453
17 453
Free-cash
46 942
51 907
32 740
32 739

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27398
₽27033
₽26702
₽22051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
income
-
-
-
8 732
surtax
-
-
-
-
social contributions

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

-
-
-
33 359
total
-
-
-
42 091
Employee
39 169
-
77 575
-
social contributions
4 309
-
8 534
-
surtax
-
-
-
-
income
7 653
-
19 785
-
total
11 962
-
28 319
-
Employer
39 169
-
77 575
-
social contributions
9 302
-
18 423
-
total
9 302
-
18 423
-
Corporate
47 530
96 000
-
-
surtax
-
-
-
-
income
9 982
20 160
-
-
total
9 982
20 160
-
-
Dividends
37 548
75 840
-
-
withholding
10 514
21 235
-
-
total
10 514
21 235
-
-
Income
96 000
96 000
96 000
96 000
Total tax
41 760
41 395
46 742
42 091
After tax
54 240
54 605
49 258
53 909
Living cost
27 207
27 207
27 207
27 207
Free-cash
27 033
27 398
22 051
26 702

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29226
₽21529
₽15564
₽15712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
843
income
-
-
-
16 906
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 969
Employee
48 739
-
72 793
-
other
48
-
73
-
income
10 180
-
16 992
-
pensions
2 290
-
3 420
-
unemployment
755
-
1 128
-
total
13 273
-
21 613
-
Employer
48 739
-
72 793
-
accident
965
-
1 442
-
other
391
-
582
-
unemployment
2 681
-
4 005
-
pensions
11 502
-
17 179
-
total
15 539
-
23 208
-
Corporate
31 722
96 000
-
-
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.

4 759
14 400
-
-
total
4 759
14 400
-
-
Dividends
26 963
81 600
-
-
withholding
5 433
16 907
-
-
total
5 433
16 907
-
-
Income
96 000
96 000
96 000
96 000
Total tax
39 004
31 307
44 821
44 969
After tax
56 996
64 693
51 179
51 031
Living cost
35 467
35 467
35 467
35 467
Free-cash
21 529
29 226
15 712
15 564

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64709
₽58555
₽54812
₽57693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
14 400
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 817
Employee
23 001
-
89 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 908
-
pensions

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

2 019
-
3 097
-
total
5 630
-
14 015
-
Employer
23 001
-
89 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
68 486
96 000
-
-
income
6 849
9 600
-
-
total
6 849
9 600
-
-
Dividends
61 637
86 400
-
-
withholding
3 082
4 320
-
-
total
3 082
4 320
-
-
Income
96 000
96 000
96 000
96 000
Total tax
20 074
13 920
20 936
23 817
After tax
75 926
82 080
75 064
72 183
Living cost
17 371
17 371
17 371
17 371
Free-cash
58 555
64 709
57 693
54 812

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10578
₽23780
₽22923
₽29967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
trade
-
-
-
7 044
income

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

-
-
-
19 126
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.

-
-
-
6 894
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.

-
-
-
1 051
total
-
-
-
34 115
Employee

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

50 213
-
96 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
1 051
-
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.

4 129
-
19 126
-
total
11 251
-
27 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 787
96 000
-
-
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.

377
793
-
-
income
6 868
14 400
-
-
trade
6 571
13 775
-
-
chamber of commerce
220
295
-
-
total
14 036
29 263
-
-
Dividends
31 751
66 737
-
-
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.

416
896
-
-
withholding
7 555
16 301
-
-
total
7 971
17 197
-
-
Income
96 000
96 000
96 000
96 000
Total tax
33 258
46 460
27 071
34 115
After tax
62 742
49 540
68 929
61 885
Living cost
38 962
38 962
38 962
38 962
Free-cash
23 780
10 578
29 967
22 923

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9714
₽11941
₽8359
₽8359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
21 719
social contributions
-
-
-
8 435
total
-
-
-
30 154
Employee
78 941
-
96 000
-
income
14 896
-
21 719
-
social contributions
6 558
-
8 435
-
total
21 454
-
30 154
-
Employer
78 941
-
96 000
-
total
-
-
-
-
Corporate
17 059
96 000
-
-
income
2 132
12 000
-
-
total
2 132
12 000
-
-
Dividends
14 928
84 000
-
-
withholding
2 986
16 799
-
-
total
2 986
16 799
-
-
Income
96 000
96 000
96 000
96 000
Total tax
26 572
28 799
30 154
30 154
After tax
69 428
67 201
65 846
65 846
Living cost
57 487
57 487
57 487
57 487
Free-cash
11 941
9 714
8 359
8 359

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20433
₽24901
₽23898
₽33794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
91 358
-
income
5 023
-
16 288
-
social contributions
4 638
-
4 642
-
total
9 661
-
20 930
-
Employer
46 295
-
91 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
45 066
96 000
-
-
income
15 773
33 601
-
-
total
15 773
33 601
-
-
Dividends
29 293
62 399
-
-
social contributions
4 393
5 332
-
-
total
4 393
5 332
-
-
Income
96 000
96 000
96 000
96 000
Total tax
34 465
38 933
25 572
35 468
After tax
61 535
57 067
70 428
60 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
24 901
20 433
33 794
23 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34108
₽28598
₽32542
₽22687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
income
-
-
-
18 894
pensions
-
-
-
6 949
total
-
-
-
25 843
Employee
51 632
-
84 624
-
health
674
-
1 349
-
income
9 403
-
15 074
-
pensions
3 941
-
7 899
-
total
14 018
-
24 322
-
Employer
51 632
-
84 624
-
pensions
5 216
-
9 768
-
health
981
-
1 608
-
total
6 197
-
11 376
-
Corporate
38 170
96 000
-
-
income

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

7 253
18 241
-
-
total
7 253
18 241
-
-
Dividends
30 918
77 759
-
-
withholding
2 319
6 036
-
-
total
2 319
6 036
-
-
Income
96 000
96 000
96 000
96 000
Total tax
29 787
24 277
35 698
25 843
After tax
66 213
71 723
60 302
70 157
Living cost
37 615
37 615
37 615
37 615
Free-cash
28 598
34 108
22 687
32 542

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16124
₽4109
₽42017
₽25410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
accident
-
-
-
253
income
-
-
-
23 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 083
Employee
37 595
-
81 585
-
health
4 304
-
9 341
-
income
5 158
-
15 280
-
pensions
4 233
-
7 654
-
total
13 695
-
32 275
-
Employer
37 595
-
81 585
-
accident
628
-
1 363
-
unemployment
921
-
1 999
-
pensions
6 113
-
11 053
-
total
7 662
-
14 415
-
Corporate
50 744
96 000
-
-
income

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

45 670
86 400
-
-
total
45 670
86 400
-
-
Dividends
5 074
9 600
-
-
withholding
964
1 824
-
-
total
964
1 824
-
-
Income
96 000
96 000
96 000
96 000
Total tax
67 991
88 224
46 690
30 083
After tax
28 009
7 776
49 310
65 917
Living cost
23 900
23 900
23 900
23 900
Free-cash
4 109
-16 124
25 410
42 017

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽67153
₽63062
₽41378
₽45588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 000
work injury
-
-
-
480
health insurance
-
-
-
7 104
income
-
-
-
14 591
pensions
-
-
-
17 664
unemployment
-
-
-
1 152
total
-
-
-
40 991
Employee

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

21 810
-
96 000
-
work injury
109
-
403
-
income
2 181
-
14 591
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
36 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 190
96 000
-
-
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%.

-
960
-
-
total
-
960
-
-
Dividends
74 190
95 040
-
-
withholding
11 128
14 256
-
-
total
11 128
14 256
-
-
Income
96 000
96 000
96 000
96 000
Total tax
19 307
15 216
36 781
40 991
After tax
76 693
80 784
59 219
55 009
Living cost
13 631
13 631
13 631
13 631
Free-cash
63 062
67 153
45 588
41 378

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10362
₽5773
₽8542
₽4153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 000
municipal
-
-
-
642
regional
-
-
-
1 872
national
-
-
-
20 049
social contributions
-
-
-
24 692
total
-
-
-
47 255
Employee
85 040
-
96 000
-
social contributions
28 675
-
32 371
-
regional
1 284
-
1 569
-
municipal
508
-
573
-
national
14 371
-
17 131
-
total
44 838
-
51 644
-
Employer
85 040
-
96 000
-
total
-
-
-
-
Corporate
10 960
96 000
-
-
nationa
2 629
23 041
-
-
municipal
529
4 627
-
-
total
3 158
27 668
-
-
Dividends
7 802
68 332
-
-
withholding
2 028
17 767
-
-
total
2 028
17 767
-
-
Income
96 000
96 000
96 000
96 000
Total tax
50 024
45 435
51 644
47 255
After tax
45 976
50 565
44 356
48 745
Living cost
40 203
40 203
40 203
40 203
Free-cash
5 773
10 362
4 153
8 542

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close