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
₽ 98000
per

Your estimated
City
free-cash

Dresden , Germany
₽22603
₽41608
₽32432
₽32682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
trade
-
-
-
8 926
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.

-
-
-
1 219
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.

-
-
-
22 179
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.

-
-
-
6 072
total
-
-
-
38 396
Employee

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

33 996
-
98 000
-
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.

950
-
22 179
-
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.

52
-
1 219
-
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.

6 072
-
6 072
-
total
7 074
-
29 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 004
98 000
-
-
income
9 601
14 700
-
-
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.

528
808
-
-
trade
10 081
15 435
-
-
chamber of commerce
228
275
-
-
total
20 438
31 218
-
-
Dividends
43 566
66 782
-
-
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.

580
899
-
-
withholding
10 554
16 358
-
-
total
11 134
17 257
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 646
48 475
29 470
38 396
After tax
59 354
49 525
68 530
59 604
Living cost
26 922
26 922
26 922
26 922
Free-cash
32 432
22 603
41 608
32 682

Estimated living cost  is ₽26922 per week

₽16935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14281
₽12883
₽13502
₽12116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
1 053
pensions
-
-
-
11 760
municipal
-
-
-
10 276
national
-
-
-
15 924
total
-
-
-
39 013
Employee
72 659
-
84 720
-
pensions
2 906
-
3 389
-
national
13 907
-
16 512
-
municipal
8 975
-
10 656
-
total
25 788
-
30 557
-
Employer
72 659
-
84 720
-
social contributions
781
-
911
-
pensions
5 813
-
6 778
-
total
6 594
-
7 689
-
Corporate
13 952
98 000
-
-
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%.

2 790
19 600
-
-
total
2 790
19 600
-
-
Dividends
11 161
78 400
-
-
withholding
2 455
17 248
-
-
total
2 455
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 627
36 848
38 246
39 013
After tax
60 373
61 152
59 754
58 987
Living cost
46 871
46 871
46 871
46 871
Free-cash
13 502
14 281
12 883
12 116

Estimated living cost  is ₽46871 per week

₽31858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59909
₽36643
₽52618
₽33720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
surtax
-
-
-
-
microenterprise
-
-
-
-
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.

-
-
-
31 508
income
-
-
-
14 281
total
-
-
-
45 789
Employee
25 972
-
78 976
-
income
4 623
-
15 155
-
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.

2 857
-
8 687
-
total
7 480
-
23 842
-
Employer
25 972
-
78 976
-
social contributions

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

6 256
-
19 024
-
surtax
-
-
-
-
total
6 256
-
19 024
-
Corporate
65 772
98 000
-
-
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%.

13 155
19 600
-
-
total
13 155
19 600
-
-
Dividends

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

52 618
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
26 891
19 600
42 866
45 789
After tax
71 109
78 400
55 134
52 211
Living cost
18 491
18 491
18 491
18 491
Free-cash
52 618
59 909
36 643
33 720

Estimated living cost  is ₽18491 per week

₽11797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10411
₽12990
₽4967
₽18550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
10 960
pensions
-
-
-
10 414
income
-
-
-
20 842
total
-
-
-
42 216
Employee
75 902
75 902
83 398
-
pensions
13 662
10 414
10 414
-
income

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

12 424
12 424
12 424
-
health
11 650
9 909
10 336
-
total
37 736
32 747
33 174
-
Employer
75 902
75 902
83 398
-
unemployment
2 732
2 732
3 002
-
health
5 276
5 276
5 796
-
pensions
5 283
5 283
5 804
-
total
13 291
13 291
14 602
-
Corporate
9 738
8 807
-
-
income
1 948
1 761
-
-
total
1 948
1 761
-
-
Dividends
7 790
7 046
-
-
income
1 655
1 498
-
-
withholding
1 169
1 058
-
-
total
2 824
2 556
-
-
Income
98 000
98 000
98 000
98 000
Total tax
55 799
50 355
47 776
42 216
After tax
42 201
47 645
50 224
55 784
Living cost
37 234
37 234
37 234
37 234
Free-cash
4 967
10 411
12 990
18 550

Estimated living cost  is ₽37234 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
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.
₽6899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16694
₽15519
₽15869
₽15558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
5 035
accident
-
-
-
161
unemployment
-
-
-
81
pensions
-
-
-
8 722
municipal
-
-
-
22 254
other
-
-
-
9 375
national
-
-
-
-
total
-
-
-
45 628
Employee
52 456
-
74 570
-
national
-
-
-
-
municipal
15 642
-
22 237
-
total
15 642
-
22 237
-
Employer
52 456
-
74 570
-
other
6 095
-
8 665
-
unemployment
1 385
-
1 969
-
health
3 226
-
4 586
-
accident
105
-
149
-
pensions
5 670
-
8 061
-
total
16 481
-
23 430
-
Corporate
29 062
98 000
-
-
income
6 394
21 560
-
-
total
6 394
21 560
-
-
Dividends
22 668
76 440
-
-
withholding
6 800
22 932
-
-
total
6 800
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 317
44 492
45 667
45 628
After tax
52 683
53 508
52 333
52 372
Living cost
36 814
36 814
36 814
36 814
Free-cash
15 869
16 694
15 519
15 558

Estimated living cost  is ₽36814 per week

₽24399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14101
₽33613
₽26590
₽24291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
trade
-
-
-
9 322
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.

-
-
-
1 219
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.

-
-
-
22 179
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.

-
-
-
6 072
total
-
-
-
38 792
Employee

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

45 074
-
98 000
-
income

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

3 873
-
22 179
-
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.

213
-
1 219
-
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.

6 072
-
6 072
-
total
10 158
-
29 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 926
98 000
-
-
income
7 939
14 700
-
-
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.

437
808
-
-
trade
8 707
16 122
-
-
chamber of commerce
211
275
-
-
total
17 294
31 905
-
-
Dividends
35 632
66 096
-
-
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.

471
891
-
-
withholding
8 570
16 186
-
-
total
9 041
17 077
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 493
48 982
29 470
38 792
After tax
61 507
49 018
68 530
59 208
Living cost
34 917
34 917
34 917
34 917
Free-cash
26 590
14 101
33 613
24 291

Estimated living cost  is ₽34917 per week

₽23352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42856
₽39349
₽39168
₽40082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 381
income
-
-
-
12 208
health
-
-
-
2 500
total
-
-
-
29 089
Employee
68 346
68 346
88 969
-
income
7 177
6 327
11 895
-
social contributions
3 321
5 672
7 384
-
health
680
1 162
1 513
-
total
11 178
13 161
20 792
-
Employer
68 346
68 346
88 969
-
social contributions
3 321
5 672
7 384
-
health
740
1 265
1 646
-
total
4 061
6 937
9 030
-
Corporate
53 932
22 716
-
-
income
6 742
2 839
-
-
total
6 742
2 839
-
-
Dividends
47 190
19 878
-
-
withholding
8 022
3 378
-
-
total
8 022
3 378
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 003
26 315
29 822
29 089
After tax
67 997
71 685
68 178
68 911
Living cost
28 829
28 829
28 829
28 829
Free-cash
39 168
42 856
39 349
40 082

Estimated living cost  is ₽28829 per week

₽19708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
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.
₽6386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37400
₽39002
₽37770
₽50082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
6 860
unemployment
-
-
-
1 470
pensions
-
-
-
9 800
income
-
-
-
11 980
total
-
-
-
30 110
Employee

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

The minimum wage is 138,000 HUF per month.

25 706
10 231
82 008
-
pensions
2 571
1 023
8 201
-
income
3 143
1 251
10 026
-
unemployment
386
153
1 230
-
health
1 799
716
5 741
-
total
7 899
3 143
25 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 706
10 231
82 008
-
pensions
5 013
1 995
15 992
-
total
5 013
1 995
15 992
-
Corporate
67 282
85 775
-
-
income
6 055
7 720
-
-
total
6 055
7 720
-
-
Dividends
61 226
78 055
-
-
social contributions
11 822
15 104
-
-
withholding
11 633
14 830
-
-
total
23 455
29 934
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 422
42 792
41 190
30 110
After tax
55 578
55 208
56 810
67 890
Living cost
17 808
17 808
17 808
17 808
Free-cash
37 770
37 400
39 002
50 082

Estimated living cost  is ₽17808 per week

₽12152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56932
₽35020
₽51411
₽31059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
19 600
income
-
-
-
13 133
health
-
-
-
12 740
total
-
-
-
45 473
Employee
25 215
-
73 244
-
pensions
504
-
1 464
-
income
2 839
-
14 121
-
unemployment
403
-
1 172
-
total
3 746
-
16 757
-
Employer
25 215
-
73 244
-
unemployment
202
-
585
-
health
3 277
-
9 521
-
pensions
5 043
-
14 649
-
total
8 522
-
24 755
-
Corporate
64 263
98 000
-
-
income
12 853
19 600
-
-
total
12 853
19 600
-
-
Dividends
51 410
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 121
19 600
41 512
45 473
After tax
72 879
78 400
56 488
52 527
Living cost
21 468
21 468
21 468
21 468
Free-cash
51 411
56 932
35 020
31 059

Estimated living cost  is ₽21468 per week

₽14725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11980
₽31155
₽4883
₽47296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 974
accident
-
-
-
229
pensions
-
-
-
3 767
other
-
-
-
336
income
-
-
-
24 480
total
-
-
-
30 786
Employee
31 332
-
84 542
-
pensions
3 528
-
6 907
-
income
4 298
-
16 883
-
health
3 587
-
9 680
-
total
11 413
-
33 470
-
Employer
31 332
-
84 542
-
unemployment
768
-
2 071
-
accident
523
-
1 412
-
pensions
5 095
-
9 974
-
total
6 386
-
13 457
-
Corporate
60 283
98 000
-
-
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.

54 255
88 200
-
-
total
54 255
88 200
-
-
Dividends
6 028
9 800
-
-
withholding
1 145
1 862
-
-
total
1 145
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
73 199
90 062
46 927
30 786
After tax
24 801
7 938
51 073
67 214
Living cost
19 918
19 918
19 918
19 918
Free-cash
4 883
-11 980
31 155
47 296

Estimated living cost  is ₽19918 per week

₽14598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85812
₽71112
₽84446
₽89732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
9 110
-
98 000
-
income
1 822
-
19 600
-
total
1 822
-
19 600
-
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%.

88 890
98 000
-
-
total
-
-
-
-
Dividends
88 890
98 000
-
-
withholding
4 444
4 900
-
-
total
4 444
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 266
4 900
19 600
980
After tax
91 734
93 100
78 400
97 020
Living cost
7 288
7 288
7 288
7 288
Free-cash
84 446
85 812
71 112
89 732

Estimated living cost  is ₽7288 per week

₽4517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48317
₽33267
₽42314
₽29214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
4 311
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.

-
-
-
23 519
other
-
-
-
4 655
income
-
-
-
12 617
total
-
-
-
45 102
Employee
32 272
-
78 276
-
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.

2 259
-
5 478
-
income
5 556
-
13 968
-
unemployment
322
-
783
-
health
452
-
1 096
-
total
8 589
-
21 325
-
Employer
32 272
-
78 276
-
other
1 614
-
3 913
-
unemployment
322
-
783
-
health
452
-
1 096
-
accident
258
-
626
-
pensions

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

5 487
-
13 306
-
total
8 133
-
19 724
-
Corporate
57 594
98 000
-
-
income
12 095
20 580
-
-
total
12 095
20 580
-
-
Dividends
45 499
77 420
-
-
withholding
3 185
5 419
-
-
total
3 185
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 002
25 999
41 049
45 102
After tax
65 998
72 001
56 951
52 898
Living cost
23 684
23 684
23 684
23 684
Free-cash
42 314
48 317
33 267
29 214

Estimated living cost  is ₽23684 per week

₽16734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11195
₽1231
₽2072
₽10139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
6 806
income
-
-
-
21 857
total
-
-
-
28 663
Employee
83 757
-
86 144
-
pensions
8 080
-
8 367
-
income
15 098
-
15 919
-
health
1 380
-
1 429
-
total
24 558
-
25 715
-
Employer
83 757
-
86 144
-
health
1 591
-
1 637
-
pensions
9 889
-
10 219
-
total
11 480
-
11 856
-
Corporate
2 763
98 000
-
-
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.

524
18 621
-
-
total
524
18 621
-
-
Dividends
2 239
79 379
-
-
withholding
168
8 986
-
-
total
168
8 986
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 730
27 607
37 571
28 663
After tax
61 270
70 393
60 429
69 337
Living cost
59 198
59 198
59 198
59 198
Free-cash
2 072
11 195
1 231
10 139

Estimated living cost  is ₽59198 per week

₽44358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6955
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.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72161
₽66614
₽68040
₽63399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
3 563
unemployment
-
-
-
124
pensions

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

-
-
-
4 585
income
-
-
-
14 700
total
-
-
-
22 972
Employee
15 398
-
91 922
-
pensions

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

1 352
-
2 720
-
income
1 540
-
9 192
-
accident

We are using the highest rate at 1.1%.

170
-
341
-
health
708
-
1 425
-
total
3 770
-
13 678
-
Employer
15 398
-
91 922
-
unemployment
92
-
186
-
health
1 063
-
2 138
-
accident

We are using the highest rate at 1.1%.

170
-
341
-
pensions

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

1 697
-
3 414
-
total
3 022
-
6 079
-
Corporate
79 580
98 000
-
-
income
7 958
9 800
-
-
total
7 958
9 800
-
-
Dividends
71 622
88 200
-
-
withholding
3 581
4 410
-
-
total
3 581
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 331
14 210
19 757
22 972
After tax
79 669
83 790
78 243
75 028
Living cost
11 629
11 629
11 629
11 629
Free-cash
68 040
72 161
66 614
63 399

Estimated living cost  is ₽11629 per week

₽6789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽308
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1642
₽937
₽595
₽6497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
10 960
pensions
-
-
-
10 414
income
-
-
-
20 842
total
-
-
-
42 216
Employee
82 405
75 902
83 398
-
pensions
10 414
10 414
10 414
-
income

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

12 424
12 424
12 424
-
health
10 280
9 909
10 336
-
total
33 118
32 747
33 174
-
Employer
82 405
75 902
83 398
-
unemployment
2 967
2 732
3 002
-
health
5 726
5 276
5 796
-
pensions
5 735
5 283
5 804
-
total
14 428
13 291
14 602
-
Corporate
1 167
8 807
-
-
income
233
1 761
-
-
total
233
1 761
-
-
Dividends
934
7 046
-
-
income
199
1 498
-
-
withholding
140
1 058
-
-
total
339
2 556
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 118
50 355
47 776
42 216
After tax
49 882
47 645
50 224
55 784
Living cost
49 287
49 287
49 287
49 287
Free-cash
595
-1 642
937
6 497

Estimated living cost  is ₽49287 per week

₽36357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4402
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.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45379
₽27637
₽37497
₽25637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
total
-
-
-
50 269
Employee
32 491
-
73 134
-
income
3 899
-
8 776
-
solidarity contribution
-
-
-
-
social contributions
2 112
-
4 754
-
health
4 386
-
9 873
-
total
10 397
-
23 403
-
Employer
32 491
-
73 134
-
social contributions
8 123
-
18 284
-
health
2 924
-
6 582
-
total
11 047
-
24 866
-
Corporate
54 463
98 000
-
-
income
10 348
18 620
-
-
total
10 348
18 620
-
-
Dividends
44 115
79 380
-
-
withholding
6 617
11 907
-
-
total
6 617
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 409
30 527
48 269
50 269
After tax
59 591
67 473
49 731
47 731
Living cost
22 094
22 094
22 094
22 094
Free-cash
37 497
45 379
27 637
25 637

Estimated living cost  is ₽22094 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14782
₽7490
₽10142
₽12154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 098
social contributions
-
-
-
25 206
municipal
-
-
-
582
national
-
-
-
21 455
total
-
-
-
48 341
Employee
78 993
-
98 000
-
regional
745
-
963
-
national
13 688
-
18 476
-
municipal
418
-
520
-
social contributions
26 637
-
33 046
-
total
41 488
-
53 005
-
Employer
78 993
-
98 000
-
total
-
-
-
-
Corporate
19 007
98 000
-
-
nationa
4 561
23 519
-
-
municipal
740
3 822
-
-
total
5 301
27 341
-
-
Dividends
13 706
70 658
-
-
withholding
3 564
18 372
-
-
total
3 564
18 372
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 353
45 713
53 005
48 341
After tax
47 647
52 287
44 995
49 659
Living cost
37 505
37 505
37 505
37 505
Free-cash
10 142
14 782
7 490
12 154

Estimated living cost  is ₽37505 per week

₽26144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2459
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.
₽8326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42030
₽27925
₽39261
₽29530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
2 520
health
-
-
-
6 959
unemployment
-
-
-
202
pensions
-
-
-
19 600
other
-
-
-
-
income
-
-
-
19 576
total
-
-
-
48 857
Employee
29 393
-
80 957
-
pensions
1 960
-
5 399
-
income
4 927
-
18 055
-
surtax
96
-
2 265
-
unemployment
2 046
-
5 635
-
other
-
-
-
-
health
751
-
2 065
-
total
9 780
-
33 419
-
Employer
29 393
-
80 957
-
other
-
-
-
-
unemployment
931
-
2 567
-
health
1 338
-
3 684
-
pensions
3 918
-
10 792
-
total
6 187
-
17 043
-
Corporate
62 420
98 000
-
-
income
16 230
25 479
-
-
total
16 230
25 479
-
-
Dividends
46 191
72 521
-
-
withholding
6 929
10 878
-
-
total
6 929
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 126
36 357
50 462
48 857
After tax
58 874
61 643
47 538
49 143
Living cost
19 613
19 613
19 613
19 613
Free-cash
39 261
42 030
27 925
29 530

Estimated living cost  is ₽19613 per week

₽11993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29950
₽19986
₽26018
₽28894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
6 806
income
-
-
-
21 857
total
-
-
-
28 663
Employee
56 131
-
86 144
-
pensions
4 764
-
8 367
-
income
10 110
-
15 919
-
health
815
-
1 429
-
total
15 689
-
25 715
-
Employer
56 131
-
86 144
-
health
1 066
-
1 637
-
pensions
6 076
-
10 219
-
total
7 142
-
11 856
-
Corporate
34 726
98 000
-
-
income

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

6 599
18 621
-
-
total
6 599
18 621
-
-
Dividends
28 127
79 379
-
-
withholding
2 109
8 986
-
-
total
2 109
8 986
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 539
27 607
37 571
28 663
After tax
66 461
70 393
60 429
69 337
Living cost
40 443
40 443
40 443
40 443
Free-cash
26 018
29 950
19 986
28 894

Estimated living cost  is ₽40443 per week

₽30299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26934
₽4998
₽3765
₽9860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
city
-
-
-
1 032
health
-
-
-
234
regional
-
-
-
3 472
pensions
-
-
-
9 016
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.

-
-
-
1 961
national
-
-
-
678
total
-
-
-
16 393
Employee
83 962
-
87 716
-
pensions
7 054
-
7 367
-
regional
2 749
-
2 952
-
unemployment
-
-
-
-
national
397
-
479
-
city
901
-
942
-
health
190
-
197
-
total
11 291
-
11 937
-
Employer
83 962
-
87 716
-
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.

1 679
-
1 754
-
unemployment
-
-
-
-
health
190
-
197
-
pensions
7 054
-
7 367
-
total
8 923
-
9 318
-
Corporate
4 192
98 000
-
-
national
356
8 329
-
-
regional
886
20 727
-
-
total
1 242
29 056
-
-
Dividends
2 950
68 944
-
-
withholding
1 032
24 131
-
-
total
1 032
24 131
-
-
Income
98 000
98 000
98 000
98 000
Total tax
22 488
53 187
21 255
16 393
After tax
75 512
44 813
76 745
81 607
Living cost
71 747
71 747
71 747
71 747
Free-cash
3 765
-26 934
4 998
9 860

Estimated living cost  is ₽71747 per week

₽46656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽881
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7801
₽27813
₽22211
₽18092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
trade
-
-
-
9 721
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.

-
-
-
1 219
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.

-
-
-
22 179
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.

-
-
-
6 072
total
-
-
-
39 191
Employee

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

53 417
-
98 000
-
income

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

6 281
-
22 179
-
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.

346
-
1 219
-
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.

6 072
-
6 072
-
total
12 699
-
29 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 583
98 000
-
-
income
6 688
14 700
-
-
surtax

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

368
808
-
-
trade
7 646
16 806
-
-
chamber of commerce
197
273
-
-
total
14 899
32 587
-
-
Dividends
29 685
65 413
-
-
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.

390
880
-
-
withholding
7 084
16 015
-
-
total
7 474
16 895
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 072
49 482
29 470
39 191
After tax
62 928
48 518
68 530
58 809
Living cost
40 717
40 717
40 717
40 717
Free-cash
22 211
7 801
27 813
18 092

Estimated living cost  is ₽40717 per week

₽29738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18983
₽29917
₽24233
₽25764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
-
health
-
-
-
2 316
social contributions
-
-
-
2 792
pensions
-
-
-
23 056
other
-
-
-
3 038
income
-
-
-
10 624
total
-
-
-
41 826
Employee
38 040
-
79 033
-
pensions
4 301
-
4 094
-
income
2 245
-
12 361
-
surtax
-
-
-
-
social contributions
1 085
-
2 252
-
total
7 631
-
18 707
-
Employer
38 040
-
79 033
-
other
1 312
-
2 727
-
social contributions
115
-
238
-
unemployment
1 540
-
3 201
-
health
2 663
-
5 655
-
pensions
6 249
-
7 145
-
total
11 879
-
18 966
-
Corporate
48 080
98 000
-
-
income
13 462
27 439
-
-
surtax
-
-
-
-
total
13 462
27 439
-
-
Dividends
34 619
70 561
-
-
social contributions
5 954
12 136
-
-
surtax
-
-
-
-
withholding
4 431
9 032
-
-
total
10 385
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 357
48 607
37 673
41 826
After tax
54 643
49 393
60 327
56 174
Living cost
30 410
30 410
30 410
30 410
Free-cash
24 233
18 983
29 917
25 764

Estimated living cost  is ₽30410 per week

₽19175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21996
₽32930
₽26931
₽28777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
-
health
-
-
-
2 316
social contributions
-
-
-
2 792
pensions
-
-
-
23 056
other
-
-
-
3 038
income
-
-
-
10 624
total
-
-
-
41 826
Employee
33 956
-
79 033
-
pensions
3 841
-
4 094
-
income
1 751
-
12 361
-
surtax
-
-
-
-
social contributions
968
-
2 252
-
total
6 560
-
18 707
-
Employer
33 956
-
79 033
-
other
1 172
-
2 727
-
social contributions
101
-
238
-
unemployment
1 375
-
3 201
-
health
2 377
-
5 655
-
pensions
5 580
-
7 145
-
total
10 605
-
18 966
-
Corporate
53 439
98 000
-
-
income
14 963
27 439
-
-
surtax
-
-
-
-
total
14 963
27 439
-
-
Dividends
38 477
70 561
-
-
social contributions
6 619
12 136
-
-
surtax
-
-
-
-
withholding
4 925
9 032
-
-
total
11 544
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 672
48 607
37 673
41 826
After tax
54 328
49 393
60 327
56 174
Living cost
27 397
27 397
27 397
27 397
Free-cash
26 931
21 996
32 930
28 777

Estimated living cost  is ₽27397 per week

₽15889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40942
₽43789
₽41404
₽44089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
13 524
income
-
-
-
14 700
health
-
-
-
6 840
total
-
-
-
35 064
Employee
30 136
-
98 000
-
income
5 026
-
15 000
-
social contributions
4 159
-
13 524
-
health
2 103
-
6 840
-
total
11 288
-
35 364
-
Employer
30 136
-
98 000
-
total
-
-
-
-
Corporate
67 864
98 000
-
-
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%.

3 394
4 900
-
-
total
3 394
4 900
-
-
Dividends
64 470
93 100
-
-
social contributions
8 897
12 848
-
-
withholding
9 670
13 964
-
-
health
4 500
6 499
-
-
total
23 067
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 749
38 211
35 364
35 064
After tax
60 251
59 789
62 636
62 936
Living cost
18 847
18 847
18 847
18 847
Free-cash
41 404
40 942
43 789
44 089

Estimated living cost  is ₽18847 per week

₽12613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
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.
₽4637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23464
-₽2760
₽22087
₽17556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
175
health
-
-
-
7 497
unemployment
-
-
-
5 451
pensions
-
-
-
18 130
chamber of commerce
-
-
-
391
income
-
-
-
17 481
total
-
-
-
49 125
Employee
44 419
35 421
75 965
-
pensions
4 549
3 626
7 779
-
income
5 057
2 613
15 501
-
unemployment
1 333
1 063
2 279
-
other
444
354
759
-
health
1 719
1 371
2 940
-
total
13 102
9 027
29 258
-
Employer
44 419
35 421
75 965
-
other
2 110
1 682
3 608
-
payroll
1 333
1 063
2 279
-
unemployment
1 333
1 063
2 279
-
health
1 678
1 339
2 871
-
accident
577
460
987
-
chamber of commerce
177
142
304
-
surtax
175
175
175
-
pensions
5 575
4 446
9 533
-
total
12 958
10 370
22 036
-
Corporate
40 623
52 209
72 591
-
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.

10 156
13 052
18 147
-
total
10 156
13 052
18 147
-
Dividends
30 468
39 157
-
-
withholding
8 378
10 768
-
-
total
8 378
10 768
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 594
43 217
69 441
49 125
After tax
53 406
54 783
28 559
48 875
Living cost
31 319
31 319
31 319
31 319
Free-cash
22 087
23 464
-2 760
17 556

Estimated living cost  is ₽31319 per week

₽20888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22522
₽5247
₽9192
₽12506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal

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

-
-
-
4 934
social contributions
-
-
-
15 781
national
-
-
-
32 371
total
-
-
-
53 086
Employee

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

63 578
-
75 902
-
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.

4 768
-
5 693
-
communal

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

3 316
-
3 959
-
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.

553
-
661
-
national
19 546
-
24 365
-
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.

2 987
-
3 569
-
total
31 170
-
38 247
-
Employer

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

63 578
-
75 902
-
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.

928
-
1 108
-
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.

3 910
-
4 669
-
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.

826
-
987
-
surtax
7 209
-
8 609
-
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.

5 634
-
6 725
-
total
18 507
-
22 098
-
Corporate
15 915
98 000
-
-
income
3 183
19 600
-
-
surtax
64
391
-
-
total
3 247
19 991
-
-
Dividends
12 668
78 009
-
-
withholding

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

3 476
23 079
-
-
total
3 476
23 079
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 400
43 070
60 345
53 086
After tax
41 600
54 930
37 655
44 914
Living cost
32 408
32 408
32 408
32 408
Free-cash
9 192
22 522
5 247
12 506

Estimated living cost  is ₽32408 per week

₽20875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33911
₽18994
₽26829
₽21320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
742
unemployment
-
-
-
577
pensions
-
-
-
23 314
other
-
-
-
83
income
-
-
-
19 865
total
-
-
-
44 581
Employee
44 243
-
74 310
-
pensions
2 080
-
3 493
-
income
9 335
-
18 499
-
unemployment
686
-
1 152
-
other
44
-
74
-
total
12 145
-
23 218
-
Employer
44 243
-
74 310
-
other
353
-
594
-
unemployment
2 434
-
4 087
-
accident
875
-
1 471
-
pensions
10 441
-
17 537
-
total
14 103
-
23 689
-
Corporate
39 654
98 000
-
-
income

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

5 947
14 700
-
-
total
5 947
14 700
-
-
Dividends
33 707
83 300
-
-
withholding
6 877
17 290
-
-
total
6 877
17 290
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 072
31 990
46 907
44 581
After tax
58 928
66 010
51 093
53 419
Living cost
32 099
32 099
32 099
32 099
Free-cash
26 829
33 911
18 994
21 320

Estimated living cost  is ₽32099 per week

₽23638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11354
₽10606
₽4851
₽6504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal
-
-
-
6 194
surtax
-
-
-
4 858
health
-
-
-
6 885
accident
-
-
-
826
pensions
-
-
-
14 690
income
-
-
-
9 741
total
-
-
-
43 194
Employee
67 310
-
87 539
-
pensions
5 384
-
7 003
-
income
6 501
-
12 367
-
surtax
4 126
-
5 365
-
health
2 996
-
3 896
-
total
19 007
-
28 631
-
Employer
67 310
-
87 539
-
health
2 053
-
2 670
-
accident
606
-
788
-
pensions
5 384
-
7 003
-
total
8 043
-
10 461
-
Corporate
22 648
98 000
-
-
income
3 397
14 700
-
-
surtax
238
1 029
-
-
communal
-
6 615
-
-
total
3 635
22 344
-
-
Dividends
19 013
75 656
-
-
income
11 310
4 652
-
-
withholding
2 852
11 348
-
-
total
14 162
16 000
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 847
38 344
39 092
43 194
After tax
53 153
59 656
58 908
54 806
Living cost
48 302
48 302
48 302
48 302
Free-cash
4 851
11 354
10 606
6 504

Estimated living cost  is ₽48302 per week

₽36234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41679
₽27574
₽38851
₽29179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
2 520
health
-
-
-
6 959
unemployment
-
-
-
202
pensions
-
-
-
19 600
other
-
-
-
-
income
-
-
-
19 576
total
-
-
-
48 857
Employee
29 932
-
80 957
-
pensions
1 997
-
5 399
-
income
5 018
-
18 055
-
surtax
106
-
2 265
-
unemployment
2 083
-
5 635
-
other
-
-
-
-
health
764
-
2 065
-
total
9 968
-
33 419
-
Employer
29 932
-
80 957
-
other
-
-
-
-
unemployment
950
-
2 567
-
health
1 361
-
3 684
-
pensions
3 991
-
10 792
-
total
6 302
-
17 043
-
Corporate
61 766
98 000
-
-
income
16 059
25 479
-
-
total
16 059
25 479
-
-
Dividends
45 707
72 521
-
-
withholding
6 856
10 878
-
-
total
6 856
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 185
36 357
50 462
48 857
After tax
58 815
61 643
47 538
49 143
Living cost
19 964
19 964
19 964
19 964
Free-cash
38 851
41 679
27 574
29 179

Estimated living cost  is ₽19964 per week

₽12053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27569
₽20697
₽25594
₽25336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 478
social contributions
-
-
-
25 206
municipal
-
-
-
582
national
-
-
-
21 455
total
-
-
-
48 721
Employee
49 304
-
98 000
-
regional
664
-
1 318
-
national
7 811
-
18 476
-
municipal
261
-
520
-
social contributions
16 626
-
33 046
-
total
25 362
-
53 360
-
Employer
49 304
-
98 000
-
total
-
-
-
-
Corporate
48 696
98 000
-
-
nationa
11 687
23 519
-
-
municipal
2 420
4 871
-
-
total
14 107
28 390
-
-
Dividends
34 588
69 609
-
-
withholding
8 994
18 098
-
-
total
8 994
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 463
46 488
53 360
48 721
After tax
49 537
51 512
44 640
49 279
Living cost
23 943
23 943
23 943
23 943
Free-cash
25 594
27 569
20 697
25 336

Estimated living cost  is ₽23943 per week

₽14890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40248
₽22506
₽30536
₽20506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
total
-
-
-
50 269
Employee
40 037
-
73 134
-
income
4 804
-
8 776
-
solidarity contribution
-
-
-
-
social contributions
2 602
-
4 754
-
health
5 405
-
9 873
-
total
12 811
-
23 403
-
Employer
40 037
-
73 134
-
social contributions
10 009
-
18 284
-
health
3 603
-
6 582
-
total
13 612
-
24 866
-
Corporate
44 351
98 000
-
-
income
8 427
18 620
-
-
total
8 427
18 620
-
-
Dividends
35 924
79 380
-
-
withholding
5 389
11 907
-
-
total
5 389
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 239
30 527
48 269
50 269
After tax
57 761
67 473
49 731
47 731
Living cost
27 225
27 225
27 225
27 225
Free-cash
30 536
40 248
22 506
20 506

Estimated living cost  is ₽27225 per week

₽20246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1508
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.
₽5000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26520
₽239
₽26081
₽20693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
-
health
-
-
-
7 497
unemployment
-
-
-
5 451
pensions
-
-
-
18 130
chamber of commerce
-
-
-
391
income
-
-
-
17 481
total
-
-
-
48 950
Employee
38 853
35 421
76 093
-
pensions
3 979
3 626
7 793
-
income
3 461
2 613
15 545
-
unemployment
1 166
1 063
2 282
-
other
388
354
761
-
health
1 503
1 371
2 945
-
total
10 497
9 027
29 326
-
Employer
38 853
35 421
76 093
-
other
1 845
1 682
3 613
-
payroll
1 166
1 063
2 282
-
unemployment
1 166
1 063
2 282
-
health
1 469
1 339
2 876
-
accident
504
460
988
-
chamber of commerce
155
142
304
-
surtax
-
-
-
-
pensions
4 876
4 446
9 550
-
total
11 181
10 195
21 895
-
Corporate
47 966
52 385
72 731
-
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.

11 991
13 096
18 183
-
total
11 991
13 096
18 183
-
Dividends
35 975
39 289
-
-
withholding
9 893
10 805
-
-
total
9 893
10 805
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 562
43 123
69 404
48 950
After tax
54 438
54 877
28 596
49 050
Living cost
28 357
28 357
28 357
28 357
Free-cash
26 081
26 520
239
20 693

Estimated living cost  is ₽28357 per week

₽17010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽81742
₽67042
₽79612
₽85662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
14 197
-
98 000
-
income
2 840
-
19 600
-
total
2 840
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 803
98 000
-
-
total
-
-
-
-
Dividends
83 803
98 000
-
-
withholding
4 190
4 900
-
-
total
4 190
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 030
4 900
19 600
980
After tax
90 970
93 100
78 400
97 020
Living cost
11 358
11 358
11 358
11 358
Free-cash
79 612
81 742
67 042
85 662

Estimated living cost  is ₽11358 per week

₽7686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43634
₽23655
₽36198
₽26463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
health
-
-
-
9 643
unemployment
-
-
-
147
pensions
-
-
-
17 898
income
-
-
-
20 009
total
-
-
-
47 697
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.

39 304
-
84 798
-
pensions
6 092
-
13 145
-
income
6 778
-
18 563
-
unemployment
56
-
118
-
health
2 538
-
5 477
-
total
15 464
-
37 303
-
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.

39 304
-
84 798
-
unemployment
24
-
51
-
health
2 618
-
5 647
-
pensions
3 478
-
7 504
-
total
6 120
-
13 202
-
Corporate
52 577
98 000
-
-
income
9 990
18 620
-
-
total
9 990
18 620
-
-
Dividends
42 586
79 380
-
-
withholding
6 388
11 906
-
-
total
6 388
11 906
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 962
30 526
50 505
47 697
After tax
60 038
67 474
47 495
50 303
Living cost
23 840
23 840
23 840
23 840
Free-cash
36 198
43 634
23 655
26 463

Estimated living cost  is ₽23840 per week

₽16361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18316
₽44098
-₽44743
₽26418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
11 172
income
-
-
-
19 102
total
-
-
-
30 274
Employee
59 229
-
-
-
income
13 065
-
-
-
social contributions
4 857
-
692
-
total
17 922
-
692
-
Employer
59 229
-
-
-
social contributions
83 513
-
11 902
-
total
83 513
-
11 902
-
Corporate
-
98 000
-
-
income
-
21 560
-
-
total
-
21 560
-
-
Dividends
-
76 440
-
-
income
-
16 817
-
-
total
-
16 817
-
-
Income
98 000
98 000
98 000
98 000
Total tax
101 435
38 377
12 594
30 274
After tax
-3 435
59 623
85 406
67 726
Living cost
41 308
41 308
41 308
41 308
Free-cash
-44 743
18 316
44 098
26 418

Estimated living cost  is ₽41308 per week

₽26802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27862
₽20932
₽26966
₽26489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
surtax
-
-
-
-
social contributions

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

-
-
-
34 055
income
-
-
-
9 576
total
-
-
-
43 631
Employee
40 879
-
79 192
-
income
8 503
-
21 668
-
surtax
-
-
-
-
social contributions
4 497
-
8 712
-
total
13 000
-
30 380
-
Employer
40 879
-
79 192
-
social contributions
9 709
-
18 808
-
total
9 709
-
18 808
-
Corporate
47 412
98 000
-
-
income
9 957
20 580
-
-
surtax
-
-
-
-
total
9 957
20 580
-
-
Dividends
37 456
77 420
-
-
withholding
10 488
21 678
-
-
total
10 488
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 154
42 258
49 188
43 631
After tax
54 846
55 742
48 812
54 369
Living cost
27 879
27 879
27 879
27 879
Free-cash
26 966
27 862
20 932
26 489

Estimated living cost  is ₽27879 per week

₽20860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6464
₽17398
₽12572
₽13245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
surtax
-
-
-
-
health
-
-
-
2 316
social contributions
-
-
-
2 792
pensions
-
-
-
23 056
other
-
-
-
3 038
income
-
-
-
10 624
total
-
-
-
41 826
Employee
55 669
-
79 033
-
pensions
6 296
-
4 094
-
income
4 857
-
12 361
-
surtax
-
-
-
-
social contributions
1 586
-
2 252
-
total
12 739
-
18 707
-
Employer
55 669
-
79 033
-
other
1 921
-
2 727
-
social contributions
167
-
238
-
unemployment
2 255
-
3 201
-
health
3 896
-
5 655
-
pensions
9 147
-
7 145
-
total
17 386
-
18 966
-
Corporate
24 945
98 000
-
-
income
6 985
27 439
-
-
surtax
-
-
-
-
total
6 985
27 439
-
-
Dividends
17 960
70 561
-
-
social contributions
3 090
12 136
-
-
surtax
-
-
-
-
withholding
2 299
9 032
-
-
total
5 389
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 499
48 607
37 673
41 826
After tax
55 501
49 393
60 327
56 174
Living cost
42 929
42 929
42 929
42 929
Free-cash
12 572
6 464
17 398
13 245

Estimated living cost  is ₽42929 per week

₽29054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61482
₽50080
₽58497
₽47475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
2 247
social contributions
-
-
-
21 560
total
-
-
-
23 807
Employee
28 575
-
84 849
-
social contributions
1 857
-
5 516
-
income
-
-
2 535
-
total
1 857
-
8 051
-
Employer
28 575
-
84 849
-
social contributions
4 429
-
13 151
-
total
4 429
-
13 151
-
Corporate
64 996
98 000
-
-
income
6 499
9 800
-
-
total
6 499
9 800
-
-
Dividends
58 497
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 785
9 800
21 202
23 807
After tax
85 215
88 200
76 798
74 193
Living cost
26 718
26 718
26 718
26 718
Free-cash
58 497
61 482
50 080
47 475

Estimated living cost  is ₽26718 per week

₽17275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽95333
-₽95333
-₽95333
₽17500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
labour market
-
-
-
7 778
pensions
-
-
-
769
municipal
-
-
-
18 683
national
-
-
-
10 535
total
-
-
-
37 765
Employee
180 373
180 373
180 373
-
pensions
256
256
256
-
labour market
14 409
14 409
14 409
-
national
22 036
22 036
22 036
-
municipal
38 409
38 409
38 409
-
total
75 110
75 110
75 110
-
Employer
180 373
180 373
180 373
-
labour market
14 430
14 430
14 430
-
national
22 074
22 074
22 074
-
municipal
38 471
38 471
38 471
-
pensions
513
513
513
-
total
75 488
75 488
75 488
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
150 598
150 598
150 598
37 765
After tax
-52 598
-52 598
-52 598
60 235
Living cost
42 735
42 735
42 735
42 735
Free-cash
-95 333
-95 333
-95 333
17 500

Estimated living cost  is ₽42735 per week

₽29248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11686
₽31449
₽4929
₽47590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 974
accident
-
-
-
229
pensions
-
-
-
3 767
other
-
-
-
336
income
-
-
-
24 480
total
-
-
-
30 786
Employee
30 870
-
84 542
-
pensions
3 476
-
6 907
-
income
4 235
-
16 883
-
health
3 535
-
9 680
-
total
11 246
-
33 470
-
Employer
30 870
-
84 542
-
unemployment
756
-
2 071
-
accident
515
-
1 412
-
pensions
5 019
-
9 974
-
total
6 290
-
13 457
-
Corporate
60 839
98 000
-
-
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.

54 755
88 200
-
-
total
54 755
88 200
-
-
Dividends
6 084
9 800
-
-
withholding
1 156
1 862
-
-
total
1 156
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
73 447
90 062
46 927
30 786
After tax
24 553
7 938
51 073
67 214
Living cost
19 624
19 624
19 624
19 624
Free-cash
4 929
-11 686
31 449
47 590

Estimated living cost  is ₽19624 per week

₽14284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30339
₽21010
₽29351
₽34444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
98 000
municipal
-
-
-
17 436
national
-
-
-
10 857
health
-
-
-
1 139
total
-
-
-
29 432
Employee
46 763
-
82 443
-
pensions
3 156
-
5 564
-
unemployment
702
-
1 236
-
national
773
-
6 158
-
municipal
7 659
-
13 453
-
health
349
-
899
-
total
12 639
-
27 310
-
Employer
46 763
-
82 443
-
unemployment
304
-
536
-
health
359
-
634
-
accident
47
-
83
-
pensions
8 113
-
14 303
-
total
8 823
-
15 556
-
Corporate
42 414
98 000
-
-
income
8 482
19 600
-
-
total
8 482
19 600
-
-
Dividends

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

25 449
58 800
-
-
national
-
3 353
-
-
municipal
4 581
10 584
-
-
total
4 581
13 937
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 525
33 537
42 866
29 432
After tax
63 475
64 463
55 134
68 568
Living cost
34 124
34 124
34 124
34 124
Free-cash
29 351
30 339
21 010
34 444

Estimated living cost  is ₽34124 per week

₽22290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51106
₽47599
₽46267
₽48332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 381
income
-
-
-
12 208
health
-
-
-
2 500
total
-
-
-
29 089
Employee
68 346
68 346
88 969
-
income
7 442
6 327
11 895
-
social contributions
2 584
5 672
7 384
-
health
530
1 162
1 513
-
total
10 556
13 161
20 792
-
Employer
68 346
68 346
88 969
-
social contributions
2 584
5 672
7 384
-
health
575
1 265
1 646
-
total
3 159
6 937
9 030
-
Corporate
63 707
22 716
-
-
income
7 963
2 839
-
-
total
7 963
2 839
-
-
Dividends
55 744
19 878
-
-
withholding
9 476
3 378
-
-
total
9 476
3 378
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 154
26 315
29 822
29 089
After tax
66 846
71 685
68 178
68 911
Living cost
20 579
20 579
20 579
20 579
Free-cash
46 267
51 106
47 599
48 332

Estimated living cost  is ₽20579 per week

₽12333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67041
₽47678
₽62521
₽65504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
98 000
health
-
-
-
3 217
unemployment
-
-
-
25
pensions
-
-
-
5 654
income
-
-
-
9 488
total
-
-
-
18 384
Employee

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

20 402
-
89 313
-
pensions
3 060
-
12 650
-
income
1 395
-
7 283
-
unemployment
101
-
422
-
health
1 734
-
7 169
-
total
6 290
-
27 524
-
Employer

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

20 402
-
89 313
-
unemployment
101
-
422
-
health
877
-
3 626
-
pensions
1 122
-
4 638
-
total
2 100
-
8 686
-
Corporate
75 498
98 000
-
-
income
6 794
8 820
-
-
total
6 794
8 820
-
-
Dividends
68 704
89 180
-
-
withholding
6 183
8 027
-
-
total
6 183
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 367
16 847
36 210
18 384
After tax
76 633
81 153
61 790
79 616
Living cost
14 112
14 112
14 112
14 112
Free-cash
62 521
67 041
47 678
65 504

Estimated living cost  is ₽14112 per week

₽9004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41568
₽26651
₽36906
₽28977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
742
unemployment
-
-
-
577
pensions
-
-
-
23 314
other
-
-
-
83
income
-
-
-
19 865
total
-
-
-
44 581
Employee
32 865
-
74 310
-
pensions
1 545
-
3 493
-
income
6 336
-
18 499
-
unemployment
509
-
1 152
-
other
32
-
74
-
total
8 422
-
23 218
-
Employer
32 865
-
74 310
-
other
263
-
594
-
unemployment
1 808
-
4 087
-
accident
651
-
1 471
-
pensions
7 755
-
17 537
-
total
10 477
-
23 689
-
Corporate
54 657
98 000
-
-
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.

8 199
14 700
-
-
total
8 199
14 700
-
-
Dividends
46 458
83 300
-
-
withholding
9 554
17 290
-
-
total
9 554
17 290
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 652
31 990
46 907
44 581
After tax
61 348
66 010
51 093
53 419
Living cost
24 442
24 442
24 442
24 442
Free-cash
36 906
41 568
26 651
28 977

Estimated living cost  is ₽24442 per week

₽16498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59563
₽61064
₽59302
₽61178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
840
pensions
-
-
-
1 159
income
-
-
-
33 234
total
-
-
-
35 233
Employee
2 420
-
96 696
-
pensions
218
-
522
-
income
468
-
33 173
-
unemployment
24
-
58
-
health
121
-
290
-
total
831
-
34 043
-
Employer
2 420
-
96 696
-
unemployment
48
-
116
-
health
230
-
551
-
pensions
266
-
637
-
total
544
-
1 304
-
Corporate
95 035
98 000
-
-
income
20 908
21 560
-
-
total
20 908
21 560
-
-
Dividends
74 127
76 440
-
-
withholding
14 826
15 288
-
-
total
14 826
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 109
36 848
35 347
35 233
After tax
60 891
61 152
62 653
62 767
Living cost
1 589
1 589
1 589
1 589
Free-cash
59 302
59 563
61 064
61 178

Estimated living cost  is ₽1589 per week

₽944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55466
₽37631
₽51104
₽37632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
health
-
-
-
6 752
unemployment
-
-
-
983
pensions
-
-
-
17 043
income
-
-
-
20 251
total
-
-
-
45 029
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.

23 131
-
86 266
-
pensions
3 238
-
9 177
-
income
3 188
-
20 251
-
unemployment
173
-
492
-
health
1 191
-
3 376
-
total
7 790
-
33 296
-
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.

23 131
-
86 266
-
unemployment
173
-
492
-
health
1 191
-
3 376
-
pensions
2 776
-
7 866
-
total
4 140
-
11 734
-
Corporate
70 729
98 000
-
-
income
10 609
14 700
-
-
total
10 609
14 700
-
-
Dividends
60 120
83 300
-
-
withholding
9 018
12 495
-
-
total
9 018
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 557
27 195
45 030
45 029
After tax
66 443
70 805
52 970
52 971
Living cost
15 339
15 339
15 339
15 339
Free-cash
51 104
55 466
37 631
37 632

Estimated living cost  is ₽15339 per week

₽10328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31780
₽24850
₽31460
₽30407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
surtax
-
-
-
-
social contributions

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

-
-
-
34 055
income
-
-
-
9 576
total
-
-
-
43 631
Employee
34 497
-
79 192
-
income
6 741
-
21 668
-
surtax
-
-
-
-
social contributions
3 795
-
8 712
-
total
10 536
-
30 380
-
Employer
34 497
-
79 192
-
social contributions
8 192
-
18 808
-
total
8 192
-
18 808
-
Corporate
55 310
98 000
-
-
income
11 615
20 580
-
-
surtax
-
-
-
-
total
11 615
20 580
-
-
Dividends
43 696
77 420
-
-
withholding
12 235
21 678
-
-
total
12 235
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 578
42 258
49 188
43 631
After tax
55 422
55 742
48 812
54 369
Living cost
23 962
23 962
23 962
23 962
Free-cash
31 460
31 780
24 850
30 407

Estimated living cost  is ₽23962 per week

₽16972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1665
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.
₽4902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34773
₽19856
₽27994
₽22182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
742
unemployment
-
-
-
577
pensions
-
-
-
23 314
other
-
-
-
83
income
-
-
-
19 865
total
-
-
-
44 581
Employee
42 926
-
74 310
-
pensions
2 017
-
3 493
-
income
8 966
-
18 499
-
unemployment
665
-
1 152
-
other
42
-
74
-
total
11 690
-
23 218
-
Employer
42 926
-
74 310
-
other
344
-
594
-
unemployment
2 361
-
4 087
-
accident
850
-
1 471
-
pensions
10 130
-
17 537
-
total
13 685
-
23 689
-
Corporate
41 388
98 000
-
-
income

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

6 209
14 700
-
-
total
6 209
14 700
-
-
Dividends
35 179
83 300
-
-
withholding
7 185
17 290
-
-
total
7 185
17 290
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 769
31 990
46 907
44 581
After tax
59 231
66 010
51 093
53 419
Living cost
31 237
31 237
31 237
31 237
Free-cash
27 994
34 773
19 856
22 182

Estimated living cost  is ₽31237 per week

₽22433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68532
₽62985
₽63127
₽59770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
3 563
unemployment
-
-
-
124
pensions

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

-
-
-
4 585
income
-
-
-
14 700
total
-
-
-
22 972
Employee
20 204
-
91 922
-
pensions

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

1 774
-
2 720
-
income
2 021
-
9 192
-
accident

We are using the highest rate at 1.1%.

222
-
341
-
health
929
-
1 425
-
total
4 946
-
13 678
-
Employer
20 204
-
91 922
-
unemployment
121
-
186
-
health
1 394
-
2 138
-
accident

We are using the highest rate at 1.1%.

222
-
341
-
pensions

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

2 226
-
3 414
-
total
3 963
-
6 079
-
Corporate
73 833
98 000
-
-
income
7 383
9 800
-
-
total
7 383
9 800
-
-
Dividends
66 450
88 200
-
-
withholding
3 323
4 410
-
-
total
3 323
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 615
14 210
19 757
22 972
After tax
78 385
83 790
78 243
75 028
Living cost
15 258
15 258
15 258
15 258
Free-cash
63 127
68 532
62 985
59 770

Estimated living cost  is ₽15258 per week

₽10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16216
₽34215
₽27845
₽26082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
trade
-
-
-
8 133
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.

-
-
-
1 219
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.

-
-
-
22 179
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.

-
-
-
6 072
total
-
-
-
37 603
Employee

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

44 224
-
98 000
-
income

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

3 637
-
22 179
-
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.

201
-
1 219
-
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.

6 072
-
6 072
-
total
9 910
-
29 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 776
98 000
-
-
income
8 066
14 700
-
-
surtax

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

444
808
-
-
trade
7 717
14 064
-
-
chamber of commerce
214
278
-
-
total
16 441
29 850
-
-
Dividends
37 335
68 150
-
-
surtax

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

494
919
-
-
withholding
8 995
16 700
-
-
total
9 489
17 619
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 840
47 469
29 470
37 603
After tax
62 160
50 531
68 530
60 397
Living cost
34 315
34 315
34 315
34 315
Free-cash
27 845
16 216
34 215
26 082

Estimated living cost  is ₽34315 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17968
₽13951
₽19932
₽13951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
24 510
social contributions
-
-
-
8 908
total
-
-
-
33 418
Employee
69 526
-
98 000
-
social contributions
5 776
-
8 908
-
income
13 119
-
24 510
-
total
18 895
-
33 418
-
Employer
69 526
-
98 000
-
total
-
-
-
-
Corporate
28 474
98 000
-
-
income
3 559
12 251
-
-
total
3 559
12 251
-
-
Dividends
24 915
85 749
-
-
withholding
4 983
17 150
-
-
total
4 983
17 150
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 437
29 401
33 418
33 418
After tax
70 563
68 599
64 582
64 582
Living cost
50 631
50 631
50 631
50 631
Free-cash
19 932
17 968
13 951
13 951

Estimated living cost  is ₽50631 per week

₽38519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
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.
₽7502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26740
₽39850
₽29846
₽35033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
income
-
-
-
25 301
health

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

-
-
-
5 401
total
-
-
-
30 702
Employee
40 774
-
93 911
-
social contributions
4 085
-
4 089
-
income
4 424
-
17 707
-
total
8 509
-
21 796
-
Employer
40 774
-
93 911
-
social contributions
4 085
-
4 089
-
total
4 085
-
4 089
-
Corporate
53 141
98 000
-
-
income
18 599
34 299
-
-
total
18 599
34 299
-
-
Dividends
34 541
63 701
-
-
social contributions
4 696
4 696
-
-
total
4 696
4 696
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 889
38 995
25 885
30 702
After tax
62 111
59 005
72 115
67 298
Living cost
32 264
32 264
32 264
32 264
Free-cash
29 846
26 740
39 850
35 033

Estimated living cost  is ₽32264 per week

₽21253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37514
₽27550
₽35551
₽36458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
6 806
income
-
-
-
21 857
total
-
-
-
28 663
Employee
45 130
-
86 144
-
pensions
3 445
-
8 367
-
income
8 219
-
15 919
-
health
589
-
1 429
-
total
12 253
-
25 715
-
Employer
45 130
-
86 144
-
health
858
-
1 637
-
pensions
4 560
-
10 219
-
total
5 418
-
11 856
-
Corporate
47 452
98 000
-
-
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.

9 016
18 621
-
-
total
9 016
18 621
-
-
Dividends
38 436
79 379
-
-
withholding
2 883
8 986
-
-
total
2 883
8 986
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 570
27 607
37 571
28 663
After tax
68 430
70 393
60 429
69 337
Living cost
32 879
32 879
32 879
32 879
Free-cash
35 551
37 514
27 550
36 458

Estimated living cost  is ₽32879 per week

₽22554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13629
₽29506
₽4630
₽45647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 974
accident
-
-
-
229
pensions
-
-
-
3 767
other
-
-
-
336
income
-
-
-
24 480
total
-
-
-
30 786
Employee
33 925
-
84 542
-
pensions
3 820
-
6 907
-
income
4 654
-
16 883
-
health
3 884
-
9 680
-
total
12 358
-
33 470
-
Employer
33 925
-
84 542
-
unemployment
831
-
2 071
-
accident
567
-
1 412
-
pensions
5 516
-
9 974
-
total
6 914
-
13 457
-
Corporate
57 161
98 000
-
-
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.

51 445
88 200
-
-
total
51 445
88 200
-
-
Dividends
5 716
9 800
-
-
withholding
1 086
1 862
-
-
total
1 086
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 803
90 062
46 927
30 786
After tax
26 197
7 938
51 073
67 214
Living cost
21 567
21 567
21 567
21 567
Free-cash
4 630
-13 629
29 506
45 647

Estimated living cost  is ₽21567 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽70482
₽51229
₽67000
₽43789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 000
work injury
-
-
-
490
health insurance
-
-
-
7 252
unemployment
-
-
-
1 176
pensions
-
-
-
18 032
income
-
-
-
15 276
total
-
-
-
42 226
Employee

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

19 175
-
98 000
-
pensions
3 528
-
13 054
-
income
1 918
-
15 276
-
health insurance
1 419
-
5 250
-
work injury
96
-
355
-
unemployment
230
-
851
-
total
7 191
-
34 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 825
98 000
-
-
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%.

-
980
-
-
total
-
980
-
-
Dividends
78 825
97 020
-
-
withholding
11 824
14 553
-
-
total
11 824
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 015
15 533
34 786
42 226
After tax
78 985
82 467
63 214
55 774
Living cost
11 985
11 985
11 985
11 985
Free-cash
67 000
70 482
51 229
43 789

Estimated living cost  is ₽11985 per week

₽7425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽16212
₽8751
₽12168
₽13234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
2 042
social contributions
-
-
-
25 206
municipal
-
-
-
654
national
-
-
-
21 455
total
-
-
-
49 357
Employee
74 898
-
98 000
-
regional
1 131
-
1 733
-
national
12 657
-
18 476
-
municipal
447
-
585
-
social contributions
25 255
-
33 046
-
total
39 490
-
53 840
-
Employer
74 898
-
98 000
-
total
-
-
-
-
Corporate
23 102
98 000
-
-
nationa
5 544
23 519
-
-
municipal
1 113
4 723
-
-
total
6 657
28 242
-
-
Dividends
16 445
69 758
-
-
withholding
4 276
18 137
-
-
total
4 276
18 137
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 423
46 379
53 840
49 357
After tax
47 577
51 621
44 160
48 643
Living cost
35 409
35 409
35 409
35 409
Free-cash
12 168
16 212
8 751
13 234

Estimated living cost  is ₽35409 per week

₽24872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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