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
₽ 97000
per

Your estimated
City
free-cash

Dresden , Germany
₽18487
₽29652
₽31072
₽38960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
trade
-
-
-
7 888
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.

-
-
-
19 507
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.

-
-
-
1 072
total
-
-
-
35 361
Employee

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

38 599
-
97 000
-
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
-
1 072
-
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
-
19 507
-
total
8 031
-
27 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 401
97 000
-
-
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.

483
801
-
-
income
8 760
14 551
-
-
trade
9 198
15 277
-
-
chamber of commerce
237
293
-
-
total
18 678
30 922
-
-
Dividends
39 723
66 079
-
-
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.

525
887
-
-
withholding
9 547
16 137
-
-
total
10 072
17 024
-
-
Income
97 000
97 000
97 000
97 000
Total tax
36 781
47 946
27 473
35 361
After tax
60 219
49 054
69 527
61 639
Living cost
30 567
30 567
30 567
30 567
Free-cash
29 652
18 487
38 960
31 072

Estimated living cost  is ₽30567 per week

₽19227
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
₽9534
₽8686
₽7679
₽8441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
10 058
pensions
-
-
-
11 640
national
-
-
-
15 586
social contributions
-
-
-
1 043
total
-
-
-
38 327
Employee
79 050
-
83 856
-
municipal
9 764
-
10 434
-
pensions
3 162
-
3 354
-
national
15 130
-
16 168
-
total
28 056
-
29 956
-
Employer
79 050
-
83 856
-
social contributions
850
-
901
-
pensions
6 324
-
6 708
-
total
7 174
-
7 609
-
Corporate
5 559
97 000
-
-
income

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

1 112
19 400
-
-
total
1 112
19 400
-
-
Dividends
4 447
77 600
-
-
withholding
978
17 072
-
-
total
978
17 072
-
-
Income
97 000
97 000
97 000
97 000
Total tax
37 320
36 472
37 565
38 327
After tax
59 680
60 528
59 435
58 673
Living cost
50 994
50 994
50 994
50 994
Free-cash
8 686
9 534
8 441
7 679

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
₽56605
₽48327
₽30833
₽33724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
microenterprise
-
-
-
-
income
-
-
-
13 987
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.

-
-
-
31 185
total
-
-
-
45 172
Employee
29 488
-
78 169
-
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
-
8 599
-
surtax
-
-
-
-
income
5 249
-
14 851
-
total
8 493
-
23 450
-
Employer
29 488
-
78 169
-
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
-
18 831
-
surtax
-
-
-
-
total
7 103
-
18 831
-
Corporate
60 409
97 000
-
-
income

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

12 082
19 400
-
-
total
12 082
19 400
-
-
Dividends

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

48 326
77 600
-
-
total
-
-
-
-
Income
97 000
97 000
97 000
97 000
Total tax
27 678
19 400
42 281
45 172
After tax
69 322
77 600
54 719
51 828
Living cost
20 995
20 995
20 995
20 995
Free-cash
48 327
56 605
33 724
30 833

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
₽2454
-₽3211
₽12804
-₽3211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
18 229
pensions
-
-
-
11 824
health
-
-
-
11 868
total
-
-
-
41 921
Employee
86 179
86 179
86 179
-
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
86 179
86 179
86 179
-
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
97 000
97 000
97 000
97 000
Total tax
57 936
52 271
57 936
41 921
After tax
39 064
44 729
39 064
55 079
Living cost
42 276
42 276
42 276
42 276
Free-cash
-3 211
2 454
-3 211
12 804

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
₽13972
₽13096
₽11711
₽12808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
21 543
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
46 299
Employee
55 558
-
73 809
-
municipal
16 567
-
22 010
-
national
-
-
-
-
total
16 567
-
22 010
-
Employer
55 558
-
73 809
-
accident
111
-
148
-
other
6 456
-
8 577
-
unemployment
1 467
-
1 949
-
pensions
6 006
-
7 979
-
health
3 417
-
4 539
-
total
17 457
-
23 192
-
Corporate
23 986
97 000
-
-
income
5 277
21 340
-
-
total
5 277
21 340
-
-
Dividends
18 709
75 660
-
-
withholding
5 613
22 698
-
-
total
5 613
22 698
-
-
Income
97 000
97 000
97 000
97 000
Total tax
44 914
44 038
45 202
46 299
After tax
52 086
52 962
51 798
50 701
Living cost
38 990
38 990
38 990
38 990
Free-cash
13 096
13 972
12 808
11 711

Estimated living cost  is ₽38990 per week

₽25841
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
₽8911
₽23095
₽21644
₽29883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
trade
-
-
-
8 239
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.

-
-
-
19 507
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.

-
-
-
1 072
total
-
-
-
35 712
Employee

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

51 177
-
97 000
-
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
-
1 072
-
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
-
19 507
-
total
11 532
-
27 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 823
97 000
-
-
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
801
-
-
income
6 873
14 551
-
-
trade
7 538
15 957
-
-
chamber of commerce
218
291
-
-
total
15 006
31 600
-
-
Dividends
30 816
65 401
-
-
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.

402
879
-
-
withholding
7 321
15 966
-
-
total
7 723
16 845
-
-
Income
97 000
97 000
97 000
97 000
Total tax
34 261
48 445
27 473
35 712
After tax
62 739
48 555
69 527
61 288
Living cost
39 644
39 644
39 644
39 644
Free-cash
23 095
8 911
29 883
21 644

Estimated living cost  is ₽39644 per week

₽26514
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38296
₽34108
₽36615
₽36514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
10 048
health
-
-
-
2 474
social contributions
-
-
-
15 131
total
-
-
-
27 653
Employee
77 600
77 600
88 060
-
social contributions
3 771
6 440
7 310
-
health
772
1 319
1 498
-
income
8 149
7 183
10 006
-
total
12 692
14 942
18 814
-
Employer
77 600
77 600
88 060
-
social contributions
3 771
6 440
7 310
-
health
841
1 436
1 630
-
total
4 612
7 876
8 940
-
Corporate
46 965
11 523
-
-
income
5 870
1 440
-
-
total
5 870
1 440
-
-
Dividends
41 095
10 083
-
-
withholding
6 986
1 714
-
-
total
6 986
1 714
-
-
Income
97 000
97 000
97 000
97 000
Total tax
30 160
25 972
27 754
27 653
After tax
66 840
71 028
69 246
69 347
Living cost
32 732
32 732
32 732
32 732
Free-cash
34 108
38 296
36 514
36 615

Estimated living cost  is ₽32732 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
₽36323
₽36704
₽48860
₽37895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
11 858
pensions
-
-
-
9 700
unemployment
-
-
-
1 455
health
-
-
-
6 790
total
-
-
-
29 803
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.

26 470
10 535
81 172
-
health
1 853
737
5 682
-
income
3 236
1 288
9 923
-
pensions
2 647
1 053
8 117
-
unemployment
397
158
1 218
-
total
8 133
3 236
24 940
-
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.

26 470
10 535
81 172
-
pensions
5 162
2 054
15 828
-
total
5 162
2 054
15 828
-
Corporate
65 369
84 411
-
-
income
5 883
7 597
-
-
total
5 883
7 597
-
-
Dividends
59 486
76 814
-
-
social contributions
11 479
14 858
-
-
withholding
11 302
14 595
-
-
total
22 781
29 453
-
-
Income
97 000
97 000
97 000
97 000
Total tax
41 959
42 340
40 768
29 803
After tax
55 041
54 660
56 232
67 197
Living cost
18 337
18 337
18 337
18 337
Free-cash
36 704
36 323
37 895
48 860

Estimated living cost  is ₽18337 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
₽53225
₽46955
₽27616
₽31535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
12 998
pensions
-
-
-
19 400
health
-
-
-
12 611
total
-
-
-
45 009
Employee
28 629
-
72 496
-
income
3 223
-
13 976
-
pensions
573
-
1 450
-
unemployment
458
-
1 161
-
total
4 254
-
16 587
-
Employer
28 629
-
72 496
-
unemployment
230
-
580
-
pensions
5 726
-
14 499
-
health
3 721
-
9 424
-
total
9 677
-
24 503
-
Corporate
58 695
97 000
-
-
income
11 739
19 400
-
-
total
11 739
19 400
-
-
Dividends
46 955
77 600
-
-
total
-
-
-
-
Income
97 000
97 000
97 000
97 000
Total tax
25 670
19 400
41 090
45 009
After tax
71 330
77 600
55 910
51 991
Living cost
24 375
24 375
24 375
24 375
Free-cash
46 955
53 225
31 535
27 616

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
-₽14212
₽4471
₽44527
₽27819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
253
income
-
-
-
23 417
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 404
Employee
34 715
-
82 547
-
health
3 975
-
9 452
-
income
4 763
-
15 554
-
pensions
3 909
-
7 653
-
total
12 647
-
32 659
-
Employer
34 715
-
82 547
-
accident
580
-
1 379
-
unemployment
850
-
2 022
-
pensions
5 645
-
11 052
-
total
7 075
-
14 453
-
Corporate
55 210
97 000
-
-
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.

49 689
87 300
-
-
total
49 689
87 300
-
-
Dividends
5 521
9 700
-
-
withholding
1 049
1 843
-
-
total
1 049
1 843
-
-
Income
97 000
97 000
97 000
97 000
Total tax
70 460
89 143
47 112
30 404
After tax
26 540
7 857
49 888
66 596
Living cost
22 069
22 069
22 069
22 069
Free-cash
4 471
-14 212
27 819
44 527

Estimated living cost  is ₽22069 per week

₽16174
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83071
₽81369
₽86951
₽68521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
97 000
microenterprise

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

-
-
-
970
total
-
-
-
970
Employee
11 349
-
97 000
-
income
2 269
-
19 400
-
total
2 269
-
19 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

85 651
97 000
-
-
total
-
-
-
-
Dividends
85 651
97 000
-
-
withholding
4 283
4 850
-
-
total
4 283
4 850
-
-
Income
97 000
97 000
97 000
97 000
Total tax
6 552
4 850
19 400
970
After tax
90 448
92 150
77 600
96 030
Living cost
9 079
9 079
9 079
9 079
Free-cash
81 369
83 071
68 521
86 951

Estimated living cost  is ₽9079 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
₽44375
₽37561
₽25633
₽29963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
12 320
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.

-
-
-
23 280
other
-
-
-
4 608
health
-
-
-
4 269
total
-
-
-
44 477
Employee
36 642
-
77 474
-
health
513
-
1 084
-
income
6 308
-
13 337
-
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
-
5 424
-
unemployment
366
-
776
-
total
9 751
-
20 621
-
Employer
36 642
-
77 474
-
accident
293
-
620
-
other
1 833
-
3 874
-
unemployment
366
-
776
-
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
-
13 172
-
health
513
-
1 084
-
total
9 235
-
19 526
-
Corporate
51 124
97 000
-
-
income
10 736
20 371
-
-
total
10 736
20 371
-
-
Dividends
40 388
76 629
-
-
withholding
2 827
5 364
-
-
total
2 827
5 364
-
-
Income
97 000
97 000
97 000
97 000
Total tax
32 549
25 735
40 147
44 477
After tax
64 451
71 265
56 853
52 523
Living cost
26 890
26 890
26 890
26 890
Free-cash
37 561
44 375
29 963
25 633

Estimated living cost  is ₽26890 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
₽4543
-₽11957
₽2976
-₽6833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
19 258
pensions
-
-
-
7 039
total
-
-
-
26 297
Employee
95 823
-
85 488
-
health
1 579
-
1 367
-
income
17 273
-
15 224
-
pensions
9 244
-
8 004
-
total
28 096
-
24 595
-
Employer
95 823
-
85 488
-
pensions
11 314
-
9 887
-
health
1 820
-
1 624
-
total
13 134
-
11 511
-
Corporate
-
97 000
-
-
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.

-
18 431
-
-
total
-
18 431
-
-
Dividends
-
78 569
-
-
withholding
-
6 299
-
-
total
-
6 299
-
-
Income
97 000
97 000
97 000
97 000
Total tax
41 230
24 730
36 106
26 297
After tax
55 770
72 270
60 894
70 703
Living cost
67 727
67 727
67 727
67 727
Free-cash
-11 957
4 543
-6 833
2 976

Estimated living cost  is ₽67727 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
₽69696
₽65006
₽59794
₽62725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
14 550
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
-
-
-
23 967
Employee
17 531
-
90 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
9 008
-
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
-
14 115
-
Employer
17 531
-
90 080
-
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
76 029
97 000
-
-
income
7 603
9 700
-
-
total
7 603
9 700
-
-
Dividends
68 426
87 300
-
-
withholding
3 421
4 365
-
-
total
3 421
4 365
-
-
Income
97 000
97 000
97 000
97 000
Total tax
18 755
14 065
21 036
23 967
After tax
78 245
82 935
75 964
73 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
65 006
69 696
62 725
59 794

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
-₽11231
-₽12944
-₽881
-₽16896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
18 229
pensions
-
-
-
11 824
health
-
-
-
11 868
total
-
-
-
41 921
Employee
93 563
86 179
86 179
-
health
11 672
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
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
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
97 000
97 000
97 000
97 000
Total tax
53 984
52 271
57 936
41 921
After tax
43 016
44 729
39 064
55 079
Living cost
55 960
55 960
55 960
55 960
Free-cash
-12 944
-11 231
-16 896
-881

Estimated living cost  is ₽55960 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
₽42614
₽33992
₽23074
₽25054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
8 337
health
-
-
-
13 095
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 324
total
-
-
-
49 756
Employee
35 544
-
72 388
-
social contributions
2 310
-
4 705
-
health
4 798
-
9 772
-
solidarity contribution
-
-
-
-
income
4 265
-
8 687
-
total
11 373
-
23 164
-
Employer
35 544
-
72 388
-
social contributions
8 886
-
18 097
-
health
3 199
-
6 515
-
total
12 085
-
24 612
-
Corporate
49 371
97 000
-
-
income
9 381
18 430
-
-
total
9 381
18 430
-
-
Dividends
39 991
78 570
-
-
withholding
5 999
11 786
-
-
total
5 999
11 786
-
-
Income
97 000
97 000
97 000
97 000
Total tax
38 838
30 216
47 776
49 756
After tax
58 162
66 784
49 224
47 244
Living cost
24 170
24 170
24 170
24 170
Free-cash
33 992
42 614
25 054
23 074

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9171
₽3902
₽7496
₽2880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
576
regional
-
-
-
1 065
national
-
-
-
20 332
social contributions
-
-
-
24 948
total
-
-
-
46 921
Employee
89 689
-
97 000
-
social contributions
30 243
-
32 708
-
regional
846
-
931
-
municipal
475
-
515
-
national
15 541
-
17 383
-
total
47 105
-
51 537
-
Employer
89 689
-
97 000
-
total
-
-
-
-
Corporate
7 311
97 000
-
-
nationa
1 754
23 280
-
-
municipal
285
3 782
-
-
total
2 039
27 062
-
-
Dividends
5 272
69 938
-
-
withholding
1 371
18 184
-
-
total
1 371
18 184
-
-
Income
97 000
97 000
97 000
97 000
Total tax
50 515
45 246
51 537
46 921
After tax
46 485
51 754
45 463
50 079
Living cost
42 583
42 583
42 583
42 583
Free-cash
3 902
9 171
2 880
7 496

Estimated living cost  is ₽42583 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
₽38744
₽35603
₽28037
₽26163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
18 036
pensions
-
-
-
19 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 887
surtax
-
-
-
2 141
total
-
-
-
46 694
Employee
33 373
-
80 132
-
other
-
-
-
-
health
852
-
2 043
-
surtax
109
-
1 927
-
income
5 594
-
16 809
-
pensions
2 225
-
5 345
-
unemployment
2 323
-
5 577
-
total
11 103
-
31 701
-
Employer
33 373
-
80 132
-
other
-
-
-
-
unemployment
1 057
-
2 539
-
pensions
4 449
-
10 682
-
health
1 519
-
3 646
-
total
7 025
-
16 867
-
Corporate
56 603
97 000
-
-
income
14 717
25 220
-
-
total
14 717
25 220
-
-
Dividends
41 885
71 780
-
-
withholding
6 283
10 767
-
-
total
6 283
10 767
-
-
Income
97 000
97 000
97 000
97 000
Total tax
39 128
35 987
48 568
46 694
After tax
57 872
61 013
48 432
50 306
Living cost
22 269
22 269
22 269
22 269
Free-cash
35 603
38 744
26 163
28 037

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
₽26001
₽18439
₽24434
₽14625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
19 258
pensions
-
-
-
7 039
total
-
-
-
26 297
Employee
64 218
-
85 488
-
health
932
-
1 367
-
income
11 566
-
15 224
-
pensions
5 451
-
8 004
-
total
17 949
-
24 595
-
Employer
64 218
-
85 488
-
pensions
6 952
-
9 887
-
health
1 220
-
1 624
-
total
8 172
-
11 511
-
Corporate
24 610
97 000
-
-
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.

4 677
18 431
-
-
total
4 677
18 431
-
-
Dividends
19 933
78 569
-
-
withholding
1 494
6 299
-
-
total
1 494
6 299
-
-
Income
97 000
97 000
97 000
97 000
Total tax
32 292
24 730
36 106
26 297
After tax
64 708
72 270
60 894
70 703
Living cost
46 269
46 269
46 269
46 269
Free-cash
18 439
26 001
14 625
24 434

Estimated living cost  is ₽46269 per week

₽34665
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
-₽31918
-₽763
₽4795
-₽110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
city
-
-
-
1 023
pensions
-
-
-
8 923
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.

-
-
-
1 939
regional
-
-
-
3 244
health
-
-
-
249
national
-
-
-
554
total
-
-
-
15 932
Employee
89 259
-
86 821
-
city
958
-
932
-
regional
2 923
-
2 792
-
health
202
-
196
-
pensions
7 499
-
7 291
-
unemployment
-
-
-
-
national
422
-
403
-
total
12 004
-
11 614
-
Employer
89 259
-
86 821
-
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
-
1 736
-
unemployment
-
-
-
-
pensions
7 499
-
7 291
-
health
202
-
196
-
total
9 486
-
9 223
-
Corporate
-
97 000
-
-
regional
-
20 516
-
-
national
-
8 245
-
-
total
-
28 761
-
-
Dividends
-
68 238
-
-
withholding
-
23 884
-
-
total
-
23 884
-
-
Income
97 000
97 000
97 000
97 000
Total tax
21 490
52 645
20 837
15 932
After tax
75 510
44 355
76 163
81 068
Living cost
76 273
76 273
76 273
76 273
Free-cash
-763
-31 918
-110
4 795

Estimated living cost  is ₽76273 per week

₽49599
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1826
₽18192
₽14708
₽23297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
trade
-
-
-
8 589
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.

-
-
-
19 507
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.

-
-
-
1 072
total
-
-
-
36 062
Employee

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

60 649
-
97 000
-
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
-
1 072
-
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
-
19 507
-
total
14 419
-
27 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 351
97 000
-
-
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.

301
801
-
-
income
5 452
14 551
-
-
trade
6 234
16 636
-
-
chamber of commerce
205
289
-
-
total
12 192
32 277
-
-
Dividends
24 159
64 723
-
-
surtax

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

310
869
-
-
withholding
5 657
15 798
-
-
total
5 967
16 667
-
-
Income
97 000
97 000
97 000
97 000
Total tax
32 578
48 944
27 473
36 062
After tax
64 422
48 056
69 527
60 938
Living cost
46 230
46 230
46 230
46 230
Free-cash
18 192
1 826
23 297
14 708

Estimated living cost  is ₽46230 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
₽14362
₽20324
₽21441
₽20632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
8 684
pensions
-
-
-
24 992
other
-
-
-
3 011
health
-
-
-
1 582
surtax
-
-
-
-
social contributions
-
-
-
2 763
total
-
-
-
41 032
Employee
43 191
-
73 916
-
social contributions
1 231
-
2 107
-
surtax
-
-
-
-
income
2 549
-
8 290
-
pensions
4 883
-
8 359
-
total
8 663
-
18 756
-
Employer
43 191
-
73 916
-
other
1 490
-
2 551
-
social contributions
130
-
222
-
unemployment
1 748
-
2 993
-
pensions
7 095
-
12 144
-
health
3 024
-
5 175
-
total
13 487
-
23 085
-
Corporate
40 321
97 000
-
-
surtax
-
-
-
-
income
11 289
27 160
-
-
total
11 289
27 160
-
-
Dividends
29 032
69 840
-
-
surtax
-
-
-
-
social contributions
4 995
12 011
-
-
withholding
3 715
8 940
-
-
total
8 710
20 951
-
-
Income
97 000
97 000
97 000
97 000
Total tax
42 149
48 111
41 841
41 032
After tax
54 851
48 889
55 159
55 968
Living cost
34 527
34 527
34 527
34 527
Free-cash
20 324
14 362
20 632
21 441

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
₽17783
₽23389
₽24862
₽24053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
8 684
pensions
-
-
-
24 992
other
-
-
-
3 011
health
-
-
-
1 582
surtax
-
-
-
-
social contributions
-
-
-
2 763
total
-
-
-
41 032
Employee
38 554
-
73 916
-
social contributions
1 099
-
2 107
-
surtax
-
-
-
-
income
1 988
-
8 290
-
pensions
4 361
-
8 359
-
total
7 448
-
18 756
-
Employer
38 554
-
73 916
-
other
1 331
-
2 551
-
social contributions
115
-
222
-
unemployment
1 561
-
2 993
-
pensions
6 335
-
12 144
-
health
2 698
-
5 175
-
total
12 040
-
23 085
-
Corporate
46 406
97 000
-
-
surtax
-
-
-
-
income
12 994
27 160
-
-
total
12 994
27 160
-
-
Dividends
33 412
69 840
-
-
surtax
-
-
-
-
social contributions
5 747
12 011
-
-
withholding
4 276
8 940
-
-
total
10 023
20 951
-
-
Income
97 000
97 000
97 000
97 000
Total tax
42 505
48 111
41 841
41 032
After tax
54 495
48 889
55 159
55 968
Living cost
31 106
31 106
31 106
31 106
Free-cash
23 389
17 783
24 053
24 862

Estimated living cost  is ₽31106 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
₽37778
₽38303
₽40894
₽41268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
14 551
health
-
-
-
6 770
social contributions
-
-
-
13 386
total
-
-
-
34 707
Employee
34 217
-
97 000
-
social contributions
4 723
-
13 386
-
health
2 388
-
6 770
-
income
5 707
-
14 177
-
total
12 818
-
34 333
-
Employer
34 217
-
97 000
-
total
-
-
-
-
Corporate
62 783
97 000
-
-
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%.

3 139
4 851
-
-
total
3 139
4 851
-
-
Dividends
59 644
92 149
-
-
health
4 163
6 433
-
-
social contributions
8 231
12 716
-
-
withholding
8 947
13 823
-
-
total
21 341
32 972
-
-
Income
97 000
97 000
97 000
97 000
Total tax
37 298
37 823
34 333
34 707
After tax
59 702
59 177
62 667
62 293
Living cost
21 399
21 399
21 399
21 399
Free-cash
38 303
37 778
41 268
40 894

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.
₽1319
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
₽18882
₽17321
₽13876
-₽5625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
chamber of commerce
-
-
-
389
income
-
-
-
15 422
pensions
-
-
-
17 944
unemployment
-
-
-
6 190
health
-
-
-
7 421
surtax
-
-
-
199
total
-
-
-
47 565
Employee
50 434
40 217
75 164
-
other
504
402
751
-
health
1 951
1 557
2 909
-
income
5 741
2 966
13 787
-
pensions
5 165
4 117
7 697
-
unemployment
1 513
1 207
2 254
-
total
14 874
10 249
27 398
-
Employer
50 434
40 217
75 164
-
accident
655
523
977
-
other
2 396
1 909
3 572
-
chamber of commerce
201
161
301
-
unemployment
1 513
1 207
2 254
-
surtax
199
199
199
-
pensions
6 329
5 048
9 434
-
payroll
1 513
1 207
2 254
-
health
1 906
1 521
2 842
-
total
14 712
11 775
21 833
-
Corporate
31 855
45 009
71 338
-
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.

7 963
11 253
17 835
-
total
7 963
11 253
17 835
-
Dividends
23 892
33 756
-
-
withholding
6 571
9 282
-
-
total
6 571
9 282
-
-
Income
97 000
97 000
97 000
97 000
Total tax
44 120
42 559
67 066
47 565
After tax
52 880
54 441
29 934
49 435
Living cost
35 559
35 559
35 559
35 559
Free-cash
17 321
18 882
-5 625
13 876

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽17620
₽2486
₽9240
₽1254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
national
-
-
-
31 118
communal

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

-
-
-
4 926
social contributions
-
-
-
14 920
total
-
-
-
50 964
Employee

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

72 186
-
75 130
-
communal

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

3 765
-
3 918
-
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
-
3 531
-
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
-
5 634
-
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
-
653
-
national
22 193
-
23 344
-
total
35 392
-
37 080
-
Employer

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

72 186
-
75 130
-
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
-
977
-
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
-
1 097
-
surtax
8 185
-
8 518
-
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
-
6 657
-
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
-
4 621
-
total
21 011
-
21 870
-
Corporate
3 801
97 000
-
-
surtax
15
389
-
-
income
760
19 400
-
-
total
775
19 789
-
-
Dividends
3 026
77 211
-
-
withholding

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

540
22 795
-
-
total
540
22 795
-
-
Income
97 000
97 000
97 000
97 000
Total tax
57 718
42 584
58 950
50 964
After tax
39 282
54 416
38 050
46 036
Living cost
36 796
36 796
36 796
36 796
Free-cash
2 486
17 620
1 254
9 240

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
₽28920
₽20883
₽15218
₽15184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
843
income
-
-
-
17 275
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
45 337
Employee
50 234
-
73 554
-
other
50
-
73
-
income
10 599
-
17 256
-
pensions
2 361
-
3 457
-
unemployment
779
-
1 139
-
total
13 789
-
21 925
-
Employer
50 234
-
73 554
-
accident
994
-
1 455
-
other
400
-
588
-
unemployment
2 763
-
4 045
-
pensions
11 854
-
17 358
-
total
16 011
-
23 446
-
Corporate
30 754
97 000
-
-
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.

4 613
14 551
-
-
total
4 613
14 551
-
-
Dividends
26 141
82 449
-
-
withholding
5 259
17 084
-
-
total
5 259
17 084
-
-
Income
97 000
97 000
97 000
97 000
Total tax
39 672
31 635
45 371
45 337
After tax
57 328
65 365
51 629
51 663
Living cost
36 445
36 445
36 445
36 445
Free-cash
20 883
28 920
15 184
15 218

Estimated living cost  is ₽36445 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
₽4640
-₽2038
₽1165
₽5631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
818
income
-
-
-
7 883
pensions
-
-
-
14 539
health
-
-
-
6 814
surtax
-
-
-
4 809
communal
-
-
-
6 130
total
-
-
-
40 993
Employee
76 423
-
86 645
-
health
3 401
-
3 855
-
surtax
4 684
-
5 311
-
income
7 382
-
10 077
-
pensions
6 113
-
6 931
-
total
21 580
-
26 174
-
Employer
76 423
-
86 645
-
accident
688
-
779
-
pensions
6 113
-
6 931
-
health
2 331
-
2 643
-
total
9 132
-
10 353
-
Corporate
11 445
97 000
-
-
surtax
121
1 019
-
-
communal
-
6 548
-
-
income
1 716
14 551
-
-
total
1 837
22 118
-
-
Dividends
9 609
74 883
-
-
income
10 205
4 168
-
-
withholding
1 442
11 232
-
-
total
11 647
15 400
-
-
Income
97 000
97 000
97 000
97 000
Total tax
44 196
37 518
36 527
40 993
After tax
52 804
59 482
60 473
56 007
Living cost
54 842
54 842
54 842
54 842
Free-cash
-2 038
4 640
5 631
1 165

Estimated living cost  is ₽54842 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
₽38346
₽35136
₽27639
₽25765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
18 036
pensions
-
-
-
19 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 887
surtax
-
-
-
2 141
total
-
-
-
46 694
Employee
33 985
-
80 132
-
other
-
-
-
-
health
868
-
2 043
-
surtax
121
-
1 927
-
income
5 697
-
16 809
-
pensions
2 267
-
5 345
-
unemployment
2 365
-
5 577
-
total
11 318
-
31 701
-
Employer
33 985
-
80 132
-
other
-
-
-
-
unemployment
1 078
-
2 539
-
pensions
4 531
-
10 682
-
health
1 545
-
3 646
-
total
7 154
-
16 867
-
Corporate
55 860
97 000
-
-
income
14 524
25 220
-
-
total
14 524
25 220
-
-
Dividends
41 336
71 780
-
-
withholding
6 201
10 767
-
-
total
6 201
10 767
-
-
Income
97 000
97 000
97 000
97 000
Total tax
39 197
35 987
48 568
46 694
After tax
57 803
61 013
48 432
50 306
Living cost
22 667
22 667
22 667
22 667
Free-cash
35 136
38 346
25 765
27 639

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
₽23801
₽21559
₽22497
₽17904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
576
regional
-
-
-
1 462
national
-
-
-
20 332
social contributions
-
-
-
24 948
total
-
-
-
47 318
Employee
55 980
-
97 000
-
social contributions
18 877
-
32 708
-
regional
754
-
1 305
-
municipal
297
-
515
-
national
8 869
-
17 383
-
total
28 797
-
51 911
-
Employer
55 980
-
97 000
-
total
-
-
-
-
Corporate
41 020
97 000
-
-
nationa
9 845
23 280
-
-
municipal
2 040
4 820
-
-
total
11 885
28 100
-
-
Dividends
29 135
68 900
-
-
withholding
7 574
17 914
-
-
total
7 574
17 914
-
-
Income
97 000
97 000
97 000
97 000
Total tax
48 256
46 014
51 911
47 318
After tax
48 744
50 986
45 089
49 682
Living cost
27 185
27 185
27 185
27 185
Free-cash
21 559
23 801
17 904
22 497

Estimated living cost  is ₽27185 per week

₽16906
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
₽37001
₽26375
₽17461
₽19441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
8 337
health
-
-
-
13 095
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 324
total
-
-
-
49 756
Employee
43 799
-
72 388
-
social contributions
2 847
-
4 705
-
health
5 913
-
9 772
-
solidarity contribution
-
-
-
-
income
5 256
-
8 687
-
total
14 016
-
23 164
-
Employer
43 799
-
72 388
-
social contributions
10 950
-
18 097
-
health
3 942
-
6 515
-
total
14 892
-
24 612
-
Corporate
38 309
97 000
-
-
income
7 279
18 430
-
-
total
7 279
18 430
-
-
Dividends
31 030
78 570
-
-
withholding
4 655
11 786
-
-
total
4 655
11 786
-
-
Income
97 000
97 000
97 000
97 000
Total tax
40 842
30 216
47 776
49 756
After tax
56 158
66 784
49 224
47 244
Living cost
29 783
29 783
29 783
29 783
Free-cash
26 375
37 001
19 441
17 461

Estimated living cost  is ₽29783 per week

₽22149
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22351
₽21856
₽17438
-₽2232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
chamber of commerce
-
-
-
389
income
-
-
-
15 422
pensions
-
-
-
17 944
unemployment
-
-
-
6 190
health
-
-
-
7 421
surtax
-
-
-
-
total
-
-
-
47 366
Employee
44 114
40 217
75 323
-
other
440
402
753
-
health
1 706
1 557
2 915
-
income
3 930
2 966
13 842
-
pensions
4 518
4 117
7 714
-
unemployment
1 323
1 207
2 260
-
total
11 917
10 249
27 484
-
Employer
44 114
40 217
75 323
-
accident
573
523
979
-
other
2 095
1 909
3 577
-
chamber of commerce
176
161
301
-
unemployment
1 323
1 207
2 260
-
surtax
-
-
-
-
pensions
5 537
5 048
9 453
-
payroll
1 323
1 207
2 260
-
health
1 668
1 521
2 848
-
total
12 695
11 576
21 678
-
Corporate
40 191
45 208
71 493
-
income

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

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

10 048
11 303
17 874
-
total
10 048
11 303
17 874
-
Dividends
30 143
33 906
-
-
withholding
8 288
9 325
-
-
total
8 288
9 325
-
-
Income
97 000
97 000
97 000
97 000
Total tax
42 948
42 453
67 036
47 366
After tax
54 052
54 547
29 964
49 634
Living cost
32 196
32 196
32 196
32 196
Free-cash
21 856
22 351
-2 232
17 438

Estimated living cost  is ₽32196 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
₽78001
₽75348
₽81881
₽63451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
97 000
microenterprise

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

-
-
-
970
total
-
-
-
970
Employee
17 686
-
97 000
-
income
3 537
-
19 400
-
total
3 537
-
19 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

79 314
97 000
-
-
total
-
-
-
-
Dividends
79 314
97 000
-
-
withholding
3 966
4 850
-
-
total
3 966
4 850
-
-
Income
97 000
97 000
97 000
97 000
Total tax
7 503
4 850
19 400
970
After tax
89 497
92 150
77 600
96 030
Living cost
14 149
14 149
14 149
14 149
Free-cash
75 348
78 001
63 451
81 881

Estimated living cost  is ₽14149 per week

₽9574
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
₽39716
₽31276
₽23288
₽20509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
income
-
-
-
19 238
pensions
-
-
-
17 715
unemployment
-
-
-
146
health
-
-
-
9 545
total
-
-
-
46 644
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
-
83 931
-
health
2 882
-
5 422
-
income
7 696
-
17 806
-
pensions
6 917
-
13 009
-
unemployment
63
-
117
-
total
17 558
-
36 354
-
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
-
83 931
-
unemployment
27
-
50
-
pensions
3 949
-
7 429
-
health
2 972
-
5 590
-
total
6 948
-
13 069
-
Corporate
45 426
97 000
-
-
income
8 631
18 431
-
-
total
8 631
18 431
-
-
Dividends
36 795
78 569
-
-
withholding
5 519
11 785
-
-
total
5 519
11 785
-
-
Income
97 000
97 000
97 000
97 000
Total tax
38 656
30 216
49 423
46 644
After tax
58 344
66 784
47 577
50 356
Living cost
27 068
27 068
27 068
27 068
Free-cash
31 276
39 716
20 509
23 288

Estimated living cost  is ₽27068 per week

₽18576
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
₽15435
-₽53594
₽23455
₽40133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
18 907
social contributions
-
-
-
11 058
total
-
-
-
29 965
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
97 000
-
-
income
-
21 340
-
-
total
-
21 340
-
-
Dividends
-
75 660
-
-
income
-
16 645
-
-
total
-
16 645
-
-
Income
97 000
97 000
97 000
97 000
Total tax
107 014
37 985
13 287
29 965
After tax
-10 014
59 015
83 713
67 035
Living cost
43 580
43 580
43 580
43 580
Free-cash
-53 594
15 435
40 133
23 455

Estimated living cost  is ₽43580 per week

₽28276
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23518
₽22503
₽22778
₽18056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
income
-
-
-
8 861
surtax
-
-
-
-
social contributions

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

-
-
-
33 707
total
-
-
-
42 568
Employee
46 414
-
78 383
-
social contributions
5 106
-
8 622
-
surtax
-
-
-
-
income
9 654
-
20 051
-
total
14 760
-
28 673
-
Employer
46 414
-
78 383
-
social contributions
11 023
-
18 617
-
total
11 023
-
18 617
-
Corporate
39 563
97 000
-
-
surtax
-
-
-
-
income
8 308
20 371
-
-
total
8 308
20 371
-
-
Dividends
31 255
76 629
-
-
withholding
8 752
21 457
-
-
total
8 752
21 457
-
-
Income
97 000
97 000
97 000
97 000
Total tax
42 843
41 828
47 290
42 568
After tax
54 157
55 172
49 710
54 432
Living cost
31 654
31 654
31 654
31 654
Free-cash
22 503
23 518
18 056
22 778

Estimated living cost  is ₽31654 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
₽148
₽7084
₽7227
₽6418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
8 684
pensions
-
-
-
24 992
other
-
-
-
3 011
health
-
-
-
1 582
surtax
-
-
-
-
social contributions
-
-
-
2 763
total
-
-
-
41 032
Employee
63 206
-
73 916
-
social contributions
1 800
-
2 107
-
surtax
-
-
-
-
income
5 515
-
8 290
-
pensions
7 149
-
8 359
-
total
14 464
-
18 756
-
Employer
63 206
-
73 916
-
other
2 181
-
2 551
-
social contributions
190
-
222
-
unemployment
2 560
-
2 993
-
pensions
10 386
-
12 144
-
health
4 424
-
5 175
-
total
19 741
-
23 085
-
Corporate
14 053
97 000
-
-
surtax
-
-
-
-
income
3 936
27 160
-
-
total
3 936
27 160
-
-
Dividends
10 118
69 840
-
-
surtax
-
-
-
-
social contributions
1 739
12 011
-
-
withholding
1 295
8 940
-
-
total
3 034
20 951
-
-
Income
97 000
97 000
97 000
97 000
Total tax
41 175
48 111
41 841
41 032
After tax
55 825
48 889
55 159
55 968
Living cost
48 742
48 742
48 742
48 742
Free-cash
7 084
148
6 418
7 227

Estimated living cost  is ₽48742 per week

₽32987
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
₽56965
₽53575
₽43841
₽46464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
1 484
social contributions
-
-
-
21 340
total
-
-
-
22 824
Employee
32 444
-
83 981
-
income
-
-
1 724
-
social contributions
2 109
-
5 460
-
total
2 109
-
7 184
-
Employer
32 444
-
83 981
-
social contributions
5 029
-
13 017
-
total
5 029
-
13 017
-
Corporate
59 527
97 000
-
-
income
5 952
9 700
-
-
total
5 952
9 700
-
-
Dividends
53 575
87 300
-
-
total
-
-
-
-
Income
97 000
97 000
97 000
97 000
Total tax
13 090
9 700
20 201
22 824
After tax
83 910
87 300
76 799
74 176
Living cost
30 335
30 335
30 335
30 335
Free-cash
53 575
56 965
46 464
43 841

Estimated living cost  is ₽30335 per week

₽19614
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
-₽122971
-₽122971
₽11780
-₽122971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
17 805
pensions
-
-
-
875
national
-
-
-
10 227
labour market
-
-
-
7 690
total
-
-
-
36 597
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
97 000
97 000
97 000
97 000
Total tax
171 348
171 348
171 348
36 597
After tax
-74 348
-74 348
-74 348
60 403
Living cost
48 623
48 623
48 623
48 623
Free-cash
-122 971
-122 971
-122 971
11 780

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
-₽13886
₽4522
₽44853
₽28145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
253
income
-
-
-
23 417
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 404
Employee
34 203
-
82 547
-
health
3 917
-
9 452
-
income
4 692
-
15 554
-
pensions
3 852
-
7 653
-
total
12 461
-
32 659
-
Employer
34 203
-
82 547
-
accident
571
-
1 379
-
unemployment
838
-
2 022
-
pensions
5 561
-
11 052
-
total
6 970
-
14 453
-
Corporate
55 826
97 000
-
-
income

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

50 243
87 300
-
-
total
50 243
87 300
-
-
Dividends
5 583
9 700
-
-
withholding
1 061
1 843
-
-
total
1 061
1 843
-
-
Income
97 000
97 000
97 000
97 000
Total tax
70 735
89 143
47 112
30 404
After tax
26 265
7 857
49 888
66 596
Living cost
21 743
21 743
21 743
21 743
Free-cash
4 522
-13 886
28 145
44 853

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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
₽26050
₽23450
₽30576
₽16901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
97 000
municipal
-
-
-
17 266
health
-
-
-
1 072
national
-
-
-
9 341
total
-
-
-
27 679
Employee
53 094
-
81 601
-
health
396
-
835
-
municipal
8 696
-
13 327
-
pensions
3 583
-
5 508
-
unemployment
797
-
1 224
-
national
877
-
5 062
-
total
14 349
-
25 956
-
Employer
53 094
-
81 601
-
accident
54
-
82
-
unemployment
345
-
530
-
pensions
9 212
-
14 158
-
health
408
-
628
-
total
10 019
-
15 398
-
Corporate
33 888
97 000
-
-
income
6 777
19 400
-
-
total
6 777
19 400
-
-
Dividends

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

20 333
58 200
-
-
national
-
2 329
-
-
municipal
3 660
10 476
-
-
total
3 660
12 805
-
-
Income
97 000
97 000
97 000
97 000
Total tax
34 805
32 205
41 354
27 679
After tax
62 195
64 795
55 646
69 321
Living cost
38 745
38 745
38 745
38 745
Free-cash
23 450
26 050
16 901
30 576

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
₽47663
₽42169
₽45982
₽45881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
10 048
health
-
-
-
2 474
social contributions
-
-
-
15 131
total
-
-
-
27 653
Employee
77 600
77 600
88 060
-
social contributions
2 934
6 440
7 310
-
health
601
1 319
1 498
-
income
8 449
7 183
10 006
-
total
11 984
14 942
18 814
-
Employer
77 600
77 600
88 060
-
social contributions
2 934
6 440
7 310
-
health
653
1 436
1 630
-
total
3 587
7 876
8 940
-
Corporate
58 063
11 523
-
-
income
7 258
1 440
-
-
total
7 258
1 440
-
-
Dividends
50 805
10 083
-
-
withholding
8 637
1 714
-
-
total
8 637
1 714
-
-
Income
97 000
97 000
97 000
97 000
Total tax
31 466
25 972
27 754
27 653
After tax
65 534
71 028
69 246
69 347
Living cost
23 365
23 365
23 365
23 365
Free-cash
42 169
47 663
45 881
45 982

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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64302
₽59166
₽61675
₽43815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
97 000
income
-
-
-
9 202
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
19 302
Employee

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

23 164
-
87 940
-
health
1 969
-
7 475
-
income
1 584
-
6 996
-
pensions
3 474
-
13 191
-
unemployment
115
-
440
-
total
7 142
-
28 102
-
Employer

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

23 164
-
87 940
-
unemployment
115
-
440
-
pensions
1 274
-
4 838
-
health
996
-
3 782
-
total
2 385
-
9 060
-
Corporate
71 452
97 000
-
-
income
6 431
8 731
-
-
total
6 431
8 731
-
-
Dividends
65 021
88 269
-
-
withholding
5 853
7 944
-
-
total
5 853
7 944
-
-
Income
97 000
97 000
97 000
97 000
Total tax
21 811
16 675
37 162
19 302
After tax
75 189
80 325
59 838
77 698
Living cost
16 023
16 023
16 023
16 023
Free-cash
59 166
64 302
43 815
61 675

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
₽37614
₽32322
₽23912
₽23878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
843
income
-
-
-
17 275
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
45 337
Employee
37 315
-
73 554
-
other
36
-
73
-
income
7 194
-
17 256
-
pensions
1 754
-
3 457
-
unemployment
578
-
1 139
-
total
9 562
-
21 925
-
Employer
37 315
-
73 554
-
accident
739
-
1 455
-
other
299
-
588
-
unemployment
2 053
-
4 045
-
pensions
8 806
-
17 358
-
total
11 897
-
23 446
-
Corporate
47 789
97 000
-
-
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.

7 168
14 551
-
-
total
7 168
14 551
-
-
Dividends
40 620
82 449
-
-
withholding
8 300
17 084
-
-
total
8 300
17 084
-
-
Income
97 000
97 000
97 000
97 000
Total tax
36 927
31 635
45 371
45 337
After tax
60 073
65 365
51 629
51 663
Living cost
27 751
27 751
27 751
27 751
Free-cash
32 322
37 614
23 878
23 912

Estimated living cost  is ₽27751 per week

₽18731
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
₽57772
₽57318
₽58676
₽58478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
32 101
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
35 568
Employee
4 198
-
94 738
-
health
210
-
503
-
income
812
-
31 995
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
33 504
-
Employer
4 198
-
94 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
91 858
97 000
-
-
income
20 209
21 340
-
-
total
20 209
21 340
-
-
Dividends
71 649
75 660
-
-
withholding
14 330
15 132
-
-
total
14 330
15 132
-
-
Income
97 000
97 000
97 000
97 000
Total tax
36 926
36 472
35 766
35 568
After tax
60 074
60 528
61 234
61 432
Living cost
2 756
2 756
2 756
2 756
Free-cash
57 318
57 772
58 478
58 676

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
₽52630
₽47665
₽33389
₽33390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
income
-
-
-
17 965
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
46 158
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
-
83 649
-
health
1 355
-
3 841
-
income
3 628
-
17 965
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
32 807
-
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
-
83 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
65 970
97 000
-
-
income
9 896
14 550
-
-
total
9 896
14 550
-
-
Dividends
56 075
82 450
-
-
withholding
8 411
12 367
-
-
total
8 411
12 367
-
-
Income
97 000
97 000
97 000
97 000
Total tax
31 882
26 917
46 157
46 158
After tax
65 118
70 083
50 843
50 842
Living cost
17 453
17 453
17 453
17 453
Free-cash
47 665
52 630
33 390
33 389

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
₽27966
₽27604
₽27226
₽22504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
income
-
-
-
8 861
surtax
-
-
-
-
social contributions

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

-
-
-
33 707
total
-
-
-
42 568
Employee
39 168
-
78 383
-
social contributions
4 309
-
8 622
-
surtax
-
-
-
-
income
7 653
-
20 051
-
total
11 962
-
28 673
-
Employer
39 168
-
78 383
-
social contributions
9 302
-
18 617
-
total
9 302
-
18 617
-
Corporate
48 530
97 000
-
-
surtax
-
-
-
-
income
10 192
20 371
-
-
total
10 192
20 371
-
-
Dividends
38 338
76 629
-
-
withholding
10 734
21 457
-
-
total
10 734
21 457
-
-
Income
97 000
97 000
97 000
97 000
Total tax
42 190
41 828
47 290
42 568
After tax
54 810
55 172
49 710
54 432
Living cost
27 206
27 206
27 206
27 206
Free-cash
27 604
27 966
22 504
27 226

Estimated living cost  is ₽27206 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
₽29898
₽22202
₽16196
₽16162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
843
income
-
-
-
17 275
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
45 337
Employee
48 738
-
73 554
-
other
48
-
73
-
income
10 180
-
17 256
-
pensions
2 290
-
3 457
-
unemployment
755
-
1 139
-
total
13 273
-
21 925
-
Employer
48 738
-
73 554
-
accident
965
-
1 455
-
other
391
-
588
-
unemployment
2 681
-
4 045
-
pensions
11 502
-
17 358
-
total
15 539
-
23 446
-
Corporate
32 723
97 000
-
-
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.

4 908
14 551
-
-
total
4 908
14 551
-
-
Dividends
27 814
82 449
-
-
withholding
5 611
17 084
-
-
total
5 611
17 084
-
-
Income
97 000
97 000
97 000
97 000
Total tax
39 331
31 635
45 371
45 337
After tax
57 669
65 365
51 629
51 663
Living cost
35 467
35 467
35 467
35 467
Free-cash
22 202
29 898
16 162
16 196

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
₽65564
₽59413
₽55662
₽58594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
14 550
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
-
-
-
23 967
Employee
23 001
-
90 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
9 008
-
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
-
14 115
-
Employer
23 001
-
90 080
-
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
69 486
97 000
-
-
income
6 948
9 700
-
-
total
6 948
9 700
-
-
Dividends
62 537
87 300
-
-
withholding
3 126
4 365
-
-
total
3 126
4 365
-
-
Income
97 000
97 000
97 000
97 000
Total tax
20 217
14 065
21 036
23 967
After tax
76 783
82 935
75 964
73 033
Living cost
17 370
17 370
17 370
17 370
Free-cash
59 413
65 564
58 594
55 662

Estimated living cost  is ₽17370 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
₽11092
₽24294
₽23379
₽30566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
trade
-
-
-
7 187
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.

-
-
-
19 507
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.

-
-
-
1 072
total
-
-
-
34 660
Employee

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

50 212
-
97 000
-
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
-
1 072
-
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
-
19 507
-
total
11 251
-
27 473
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 788
97 000
-
-
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.

387
801
-
-
income
7 019
14 551
-
-
trade
6 714
13 919
-
-
chamber of commerce
222
295
-
-
total
14 342
29 566
-
-
Dividends
32 446
67 435
-
-
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.

425
906
-
-
withholding
7 727
16 475
-
-
total
8 152
17 381
-
-
Income
97 000
97 000
97 000
97 000
Total tax
33 745
46 947
27 473
34 660
After tax
63 255
50 053
69 527
62 340
Living cost
38 961
38 961
38 961
38 961
Free-cash
24 294
11 092
30 566
23 379

Estimated living cost  is ₽38961 per week

₽26876
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
₽10414
₽12641
₽8850
₽8850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
22 119
social contributions
-
-
-
8 544
total
-
-
-
30 663
Employee
78 939
-
97 000
-
income
14 896
-
22 119
-
social contributions
6 558
-
8 544
-
total
21 454
-
30 663
-
Employer
78 939
-
97 000
-
total
-
-
-
-
Corporate
18 061
97 000
-
-
income
2 258
12 124
-
-
total
2 258
12 124
-
-
Dividends
15 803
84 876
-
-
withholding
3 160
16 975
-
-
total
3 160
16 975
-
-
Income
97 000
97 000
97 000
97 000
Total tax
26 872
29 099
30 663
30 663
After tax
70 128
67 901
66 337
66 337
Living cost
57 487
57 487
57 487
57 487
Free-cash
12 641
10 414
8 850
8 850

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
₽21084
₽25454
₽24900
₽34544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
income
-
-
-
28 726
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
-
-
-
35 467
Employee
46 295
-
92 358
-
income
5 023
-
16 539
-
social contributions
4 638
-
4 642
-
total
9 661
-
21 181
-
Employer
46 295
-
92 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
46 067
97 000
-
-
income
16 123
33 951
-
-
total
16 123
33 951
-
-
Dividends
29 944
63 049
-
-
social contributions
4 491
5 332
-
-
total
4 491
5 332
-
-
Income
97 000
97 000
97 000
97 000
Total tax
34 913
39 283
25 823
35 467
After tax
62 087
57 717
71 177
61 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
25 454
21 084
34 544
24 900

Estimated living cost  is ₽36633 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
₽34655
₽29347
₽33088
₽23279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
income
-
-
-
19 258
pensions
-
-
-
7 039
total
-
-
-
26 297
Employee
51 632
-
85 488
-
health
674
-
1 367
-
income
9 403
-
15 224
-
pensions
3 941
-
8 004
-
total
14 018
-
24 595
-
Employer
51 632
-
85 488
-
pensions
5 217
-
9 887
-
health
981
-
1 624
-
total
6 198
-
11 511
-
Corporate
39 170
97 000
-
-
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.

7 442
18 431
-
-
total
7 442
18 431
-
-
Dividends
31 728
78 569
-
-
withholding
2 380
6 299
-
-
total
2 380
6 299
-
-
Income
97 000
97 000
97 000
97 000
Total tax
30 038
24 730
36 106
26 297
After tax
66 962
72 270
60 894
70 703
Living cost
37 615
37 615
37 615
37 615
Free-cash
29 347
34 655
23 279
33 088

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
-₽16039
₽4190
₽42700
₽25992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
accident
-
-
-
253
income
-
-
-
23 417
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
30 404
Employee
37 589
-
82 547
-
health
4 304
-
9 452
-
income
5 157
-
15 554
-
pensions
4 233
-
7 653
-
total
13 694
-
32 659
-
Employer
37 589
-
82 547
-
accident
628
-
1 379
-
unemployment
921
-
2 022
-
pensions
6 112
-
11 052
-
total
7 661
-
14 453
-
Corporate
51 751
97 000
-
-
income

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

46 576
87 300
-
-
total
46 576
87 300
-
-
Dividends
5 175
9 700
-
-
withholding
983
1 843
-
-
total
983
1 843
-
-
Income
97 000
97 000
97 000
97 000
Total tax
68 914
89 143
47 112
30 404
After tax
28 086
7 857
49 888
66 596
Living cost
23 896
23 896
23 896
23 896
Free-cash
4 190
-16 039
25 992
42 700

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67995
₽63912
₽41923
₽46408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 000
work injury
-
-
-
485
health insurance
-
-
-
7 178
income
-
-
-
14 771
pensions
-
-
-
17 848
unemployment
-
-
-
1 164
total
-
-
-
41 446
Employee

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

21 810
-
97 000
-
work injury
109
-
403
-
income
2 181
-
14 771
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
36 961
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 190
97 000
-
-
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%.

-
970
-
-
total
-
970
-
-
Dividends
75 190
96 030
-
-
withholding
11 278
14 404
-
-
total
11 278
14 404
-
-
Income
97 000
97 000
97 000
97 000
Total tax
19 457
15 374
36 961
41 446
After tax
77 543
81 626
60 039
55 554
Living cost
13 631
13 631
13 631
13 631
Free-cash
63 912
67 995
46 408
41 923

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
₽10890
₽6299
₽8967
₽4532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 000
municipal
-
-
-
649
regional
-
-
-
1 901
national
-
-
-
20 332
social contributions
-
-
-
24 948
total
-
-
-
47 830
Employee
85 039
-
97 000
-
social contributions
28 675
-
32 708
-
regional
1 284
-
1 596
-
municipal
507
-
578
-
national
14 371
-
17 383
-
total
44 837
-
52 265
-
Employer
85 039
-
97 000
-
total
-
-
-
-
Corporate
11 961
97 000
-
-
nationa
2 871
23 280
-
-
municipal
576
4 675
-
-
total
3 447
27 955
-
-
Dividends
8 514
69 045
-
-
withholding
2 214
17 952
-
-
total
2 214
17 952
-
-
Income
97 000
97 000
97 000
97 000
Total tax
50 498
45 907
52 265
47 830
After tax
46 502
51 093
44 735
49 170
Living cost
40 203
40 203
40 203
40 203
Free-cash
6 299
10 890
4 532
8 967

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