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
₽31311
₽40646
₽20822
₽32154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
8 492
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.

-
-
-
21 004
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.

-
-
-
1 155
total
-
-
-
37 128
Employee

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

36 264
-
98 000
-
health

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

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

6 477
-
6 477
-
income

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

1 013
-
21 004
-
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.

56
-
1 155
-
total
7 546
-
28 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 736
98 000
-
-
income
9 261
14 700
-
-
chamber of commerce
232
284
-
-
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.

509
808
-
-
trade
9 723
15 436
-
-
total
19 725
31 228
-
-
Dividends
42 011
66 772
-
-
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.

558
898
-
-
withholding
10 142
16 334
-
-
total
10 700
17 232
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 971
48 460
28 636
37 128
After tax
60 029
49 540
69 364
60 872
Living cost
28 718
28 718
28 718
28 718
Free-cash
31 311
20 822
40 646
32 154

Estimated living cost  is ₽28718 per week

₽18064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11234
₽10793
₽12051
₽10025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 222
pensions
-
-
-
11 760
national
-
-
-
15 839
total
-
-
-
38 874
Employee
76 115
-
84 720
-
pensions
3 045
-
3 389
-
municipal
9 402
-
10 601
-
national
14 568
-
16 427
-
total
27 015
-
30 417
-
Employer
76 115
-
84 720
-
pensions
6 089
-
6 778
-
social contributions
818
-
911
-
total
6 907
-
7 689
-
Corporate
9 953
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%.

1 991
19 600
-
-
total
1 991
19 600
-
-
Dividends
7 963
78 400
-
-
withholding
1 752
17 248
-
-
total
1 752
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 665
36 848
38 106
38 874
After tax
60 335
61 152
59 894
59 126
Living cost
49 101
49 101
49 101
49 101
Free-cash
11 234
12 051
10 793
10 025

Estimated living cost  is ₽49101 per week

₽33373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50898
₽35477
₽58676
₽32554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
31 507
income
-
-
-
14 214
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
45 721
Employee
27 705
-
78 975
-
social contributions

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

3 048
-
8 687
-
income
4 932
-
15 086
-
surtax
-
-
-
-
total
7 980
-
23 773
-
Employer
27 705
-
78 975
-
surtax
-
-
-
-
social contributions

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

6 673
-
19 025
-
total
6 673
-
19 025
-
Corporate
63 622
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%.

12 724
19 599
-
-
total
12 724
19 599
-
-
Dividends

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

50 898
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 377
19 599
42 798
45 721
After tax
70 623
78 401
55 202
52 279
Living cost
19 725
19 725
19 725
19 725
Free-cash
50 898
58 676
35 477
32 554

Estimated living cost  is ₽19725 per week

₽12584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1963
₽8609
₽7771
₽15888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 542
income
-
-
-
19 743
pensions
-
-
-
11 109
total
-
-
-
42 394
Employee
80 966
80 966
83 397
-
pensions
14 574
11 109
11 109
-
health
12 427
10 571
10 709
-
income

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

13 253
13 253
13 253
-
total
40 254
34 933
35 071
-
Employer
80 966
80 966
83 397
-
pensions
5 635
5 635
5 804
-
health
5 628
5 628
5 795
-
unemployment
2 915
2 915
3 003
-
total
14 178
14 178
14 602
-
Corporate
3 849
2 856
-
-
income
770
570
-
-
total
770
570
-
-
Dividends
3 079
2 285
-
-
income
655
486
-
-
withholding
462
344
-
-
total
1 117
830
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 319
50 511
49 673
42 394
After tax
41 681
47 489
48 327
55 606
Living cost
39 718
39 718
39 718
39 718
Free-cash
1 963
7 771
8 609
15 888

Estimated living cost  is ₽39718 per week

₽28147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13942
₽13636
₽14811
₽12836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
170
health
-
-
-
5 292
municipal
-
-
-
21 897
pensions
-
-
-
9 168
other
-
-
-
9 855
unemployment
-
-
-
85
national
-
-
-
-
total
-
-
-
46 467
Employee
55 140
-
74 570
-
municipal
16 443
-
22 237
-
national
-
-
-
-
total
16 443
-
22 237
-
Employer
55 140
-
74 570
-
pensions
5 961
-
8 061
-
other
6 407
-
8 665
-
health
3 391
-
4 586
-
unemployment
1 456
-
1 969
-
accident
110
-
149
-
total
17 325
-
23 430
-
Corporate
25 535
98 000
-
-
income
5 618
21 560
-
-
total
5 618
21 560
-
-
Dividends
19 917
76 440
-
-
withholding
5 975
22 932
-
-
total
5 975
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 361
44 492
45 667
46 467
After tax
52 639
53 508
52 333
51 533
Living cost
38 697
38 697
38 697
38 697
Free-cash
13 942
14 811
13 636
12 836

Estimated living cost  is ₽38697 per week

₽25647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25113
₽32118
₽11791
₽23248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
8 870
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.

-
-
-
21 004
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.

-
-
-
1 155
total
-
-
-
37 506
Employee

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

48 081
-
98 000
-
health

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

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

6 477
-
6 477
-
income

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

4 131
-
21 004
-
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.

227
-
1 155
-
total
10 835
-
28 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 919
98 000
-
-
income
7 488
14 700
-
-
chamber of commerce
214
282
-
-
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.

412
808
-
-
trade
8 212
16 121
-
-
total
16 326
31 911
-
-
Dividends
33 592
66 089
-
-
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.

443
889
-
-
withholding
8 037
16 163
-
-
total
8 480
17 052
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 641
48 963
28 636
37 506
After tax
62 359
49 037
69 364
60 494
Living cost
37 246
37 246
37 246
37 246
Free-cash
25 113
11 791
32 118
23 248

Estimated living cost  is ₽37246 per week

₽24911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37030
₽38236
₽40965
₽38334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 288
health
-
-
-
2 499
income
-
-
-
11 127
total
-
-
-
28 914
Employee
72 906
72 906
88 970
-
health
725
1 240
1 513
-
social contributions
3 543
6 051
7 384
-
income
7 656
6 749
11 085
-
total
11 924
14 040
19 982
-
Employer
72 906
72 906
88 970
-
health
790
1 349
1 646
-
social contributions
3 543
6 051
7 384
-
total
4 333
7 400
9 030
-
Corporate
50 991
17 693
-
-
income
6 375
2 211
-
-
total
6 375
2 211
-
-
Dividends
44 617
15 482
-
-
withholding
7 586
2 632
-
-
total
7 586
2 632
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 218
26 283
29 012
28 914
After tax
67 782
71 717
68 988
69 086
Living cost
30 752
30 752
30 752
30 752
Free-cash
37 030
40 965
38 236
38 334

Estimated living cost  is ₽30752 per week

₽21022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37946
₽39184
₽37577
₽50264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 980
pensions
-
-
-
9 800
unemployment
-
-
-
1 470
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.

25 443
10 126
82 008
-
unemployment
382
152
1 230
-
pensions
2 544
1 013
8 201
-
health
1 781
709
5 741
-
income
3 110
1 238
10 026
-
total
7 817
3 112
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.

25 443
10 126
82 008
-
pensions
4 961
1 975
15 992
-
total
4 961
1 975
15 992
-
Corporate
67 595
85 899
-
-
income
6 084
7 731
-
-
total
6 084
7 731
-
-
Dividends
61 512
78 168
-
-
social contributions
11 879
15 127
-
-
withholding
11 687
14 852
-
-
total
23 566
29 979
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 428
42 797
41 190
30 110
After tax
55 572
55 203
56 810
67 890
Living cost
17 626
17 626
17 626
17 626
Free-cash
37 946
37 577
39 184
50 264

Estimated living cost  is ₽17626 per week

₽12028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49609
₽33584
₽55500
₽29627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 740
income
-
-
-
13 131
pensions
-
-
-
19 601
total
-
-
-
45 472
Employee
26 897
-
73 244
-
unemployment
430
-
1 171
-
pensions
538
-
1 465
-
income
3 028
-
14 122
-
total
3 996
-
16 758
-
Employer
26 897
-
73 244
-
pensions
5 380
-
14 648
-
health
3 496
-
9 522
-
unemployment
216
-
587
-
total
9 092
-
24 757
-
Corporate
62 012
98 000
-
-
income
12 402
19 599
-
-
total
12 402
19 599
-
-
Dividends
49 609
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 490
19 599
41 515
45 472
After tax
72 510
78 401
56 485
52 528
Living cost
22 901
22 901
22 901
22 901
Free-cash
49 609
55 500
33 584
29 627

Estimated living cost  is ₽22901 per week

₽15707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4689
₽29537
-₽13243
₽46070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
24 043
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
30 749
Employee
33 318
-
83 935
-
pensions
3 752
-
7 345
-
health
3 815
-
9 610
-
income
4 571
-
16 262
-
total
12 138
-
33 217
-
Employer
33 318
-
83 935
-
pensions
5 418
-
10 607
-
unemployment
816
-
2 056
-
accident
556
-
1 402
-
total
6 790
-
14 065
-
Corporate
57 891
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.

52 102
88 200
-
-
total
52 102
88 200
-
-
Dividends
5 789
9 800
-
-
withholding
1 100
1 862
-
-
total
1 100
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 130
90 062
47 282
30 749
After tax
25 870
7 938
50 718
67 251
Living cost
21 181
21 181
21 181
21 181
Free-cash
4 689
-13 243
29 537
46 070

Estimated living cost  is ₽21181 per week

₽15524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83812
₽70578
₽85278
₽89198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 778
-
98 000
-
income
1 955
-
19 600
-
total
1 955
-
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%.

88 222
98 000
-
-
total
-
-
-
-
Dividends
88 222
98 000
-
-
withholding
4 411
4 900
-
-
total
4 411
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 366
4 900
19 600
980
After tax
91 634
93 100
78 400
97 020
Living cost
7 822
7 822
7 822
7 822
Free-cash
83 812
85 278
70 578
89 198

Estimated living cost  is ₽7822 per week

₽4848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40333
₽31935
₽46737
₽27801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 313
income
-
-
-
12 447
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.

-
-
-
23 520
other
-
-
-
4 655
total
-
-
-
44 935
Employee
34 425
-
78 275
-
unemployment
344
-
783
-
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.

2 409
-
5 479
-
health
482
-
1 096
-
income
5 927
-
13 718
-
total
9 162
-
21 076
-
Employer
34 425
-
78 275
-
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.

5 853
-
13 307
-
other
1 722
-
3 913
-
health
482
-
1 096
-
unemployment
344
-
783
-
accident
275
-
626
-
total
8 676
-
19 725
-
Corporate
54 899
98 000
-
-
income
11 530
20 580
-
-
total
11 530
20 580
-
-
Dividends
43 369
77 420
-
-
withholding
3 035
5 419
-
-
total
3 035
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 403
25 999
40 801
44 935
After tax
65 597
72 001
57 199
53 065
Living cost
25 264
25 264
25 264
25 264
Free-cash
40 333
46 737
31 935
27 801

Estimated living cost  is ₽25264 per week

₽17850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1980
-₽926
₽9085
₽7773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 034
pensions
-
-
-
7 047
total
-
-
-
28 081
Employee
87 927
-
86 216
-
pensions
8 483
-
8 278
-
health
1 449
-
1 414
-
income
15 850
-
15 305
-
total
25 782
-
24 997
-
Employer
87 927
-
86 216
-
pensions
10 382
-
10 146
-
health
1 670
-
1 637
-
total
12 052
-
11 783
-
Corporate
-
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.

-
18 621
-
-
total
-
18 621
-
-
Dividends
-
79 379
-
-
withholding
-
8 148
-
-
total
-
8 148
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 834
26 769
36 780
28 081
After tax
60 166
71 231
61 220
69 919
Living cost
62 146
62 146
62 146
62 146
Free-cash
-1 980
9 085
-926
7 773

Estimated living cost  is ₽62146 per week

₽46567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66958
₽65130
₽71361
₽62030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 808
income
-
-
-
14 700
pensions

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

-
-
-
4 901
unemployment
-
-
-
132
total
-
-
-
23 541
Employee
16 458
-
91 503
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 445
-
2 907
-
health
757
-
1 523
-
income
1 646
-
9 150
-
total
4 029
-
13 944
-
Employer
16 458
-
91 503
-
pensions

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

1 814
-
3 649
-
health
1 136
-
2 285
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 229
-
6 497
-
Corporate
78 313
98 000
-
-
income
7 831
9 800
-
-
total
7 831
9 800
-
-
Dividends
70 482
88 200
-
-
withholding
3 524
4 410
-
-
total
3 524
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 613
14 210
20 441
23 541
After tax
79 387
83 790
77 559
74 459
Living cost
12 429
12 429
12 429
12 429
Free-cash
66 958
71 361
65 130
62 030

Estimated living cost  is ₽12429 per week

₽7256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5293
-₽4248
-₽5086
₽3031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 542
income
-
-
-
19 743
pensions
-
-
-
11 109
total
-
-
-
42 394
Employee
87 903
80 966
83 397
-
pensions
11 109
11 109
11 109
-
health
10 966
10 571
10 709
-
income

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

13 253
13 253
13 253
-
total
35 328
34 933
35 071
-
Employer
87 903
80 966
83 397
-
pensions
6 117
5 635
5 804
-
health
6 108
5 628
5 795
-
unemployment
3 165
2 915
3 003
-
total
15 390
14 178
14 602
-
Corporate
-
2 856
-
-
income
-
570
-
-
total
-
570
-
-
Dividends
-
2 285
-
-
income
-
486
-
-
withholding
-
344
-
-
total
-
830
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 718
50 511
49 673
42 394
After tax
47 282
47 489
48 327
55 606
Living cost
52 575
52 575
52 575
52 575
Free-cash
-5 293
-5 086
-4 248
3 031

Estimated living cost  is ₽52575 per week

₽38783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35485
₽26155
₽43897
₽24155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 616
health
-
-
-
13 230
income
-
-
-
8 423
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
34 671
-
73 134
-
solidarity contribution
-
-
-
-
health
4 681
-
9 873
-
social contributions
2 254
-
4 754
-
income
4 161
-
8 776
-
total
11 096
-
23 403
-
Employer
34 671
-
73 134
-
health
3 120
-
6 582
-
social contributions
8 668
-
18 284
-
total
11 788
-
24 866
-
Corporate
51 541
98 000
-
-
income
9 793
18 620
-
-
total
9 793
18 620
-
-
Dividends
41 748
79 380
-
-
withholding
6 262
11 907
-
-
total
6 262
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 939
30 527
48 269
50 269
After tax
59 061
67 473
49 731
47 731
Living cost
23 576
23 576
23 576
23 576
Free-cash
35 485
43 897
26 155
24 155

Estimated living cost  is ₽23576 per week

₽16376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
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.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7330
₽5414
₽12279
₽10077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 206
municipal
-
-
-
583
regional
-
-
-
1 087
national
-
-
-
21 040
total
-
-
-
47 916
Employee
84 264
-
98 000
-
regional
795
-
952
-
municipal
446
-
520
-
national
14 601
-
18 061
-
social contributions
28 414
-
33 045
-
total
44 256
-
52 578
-
Employer
84 264
-
98 000
-
total
-
-
-
-
Corporate
13 736
98 000
-
-
municipal
536
3 822
-
-
nationa
3 296
23 520
-
-
total
3 832
27 342
-
-
Dividends
9 904
70 659
-
-
withholding
2 575
18 372
-
-
total
2 575
18 372
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 663
45 714
52 578
47 916
After tax
47 337
52 286
45 422
50 084
Living cost
40 008
40 008
40 008
40 008
Free-cash
7 330
12 279
5 414
10 077

Estimated living cost  is ₽40008 per week

₽27888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37769
₽27266
₽40721
₽29171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 958
income
-
-
-
18 797
surtax
-
-
-
2 337
pensions
-
-
-
19 599
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
47 907
Employee
31 354
-
80 959
-
unemployment
2 182
-
5 635
-
pensions
2 091
-
5 400
-
health
801
-
2 064
-
income
5 256
-
17 552
-
other
-
-
-
-
surtax
103
-
2 120
-
total
10 433
-
32 771
-
Employer
31 354
-
80 959
-
pensions
4 180
-
10 792
-
other
-
-
-
-
health
1 427
-
3 683
-
unemployment
993
-
2 566
-
total
6 600
-
17 041
-
Corporate
60 046
98 000
-
-
income
15 612
25 479
-
-
total
15 612
25 479
-
-
Dividends
44 434
72 521
-
-
withholding
6 664
10 878
-
-
total
6 664
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 309
36 357
49 812
47 907
After tax
58 691
61 643
48 188
50 093
Living cost
20 922
20 922
20 922
20 922
Free-cash
37 769
40 721
27 266
29 171

Estimated living cost  is ₽20922 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23657
₽18763
₽28774
₽27462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 034
pensions
-
-
-
7 047
total
-
-
-
28 081
Employee
58 927
-
86 216
-
pensions
5 002
-
8 278
-
health
855
-
1 414
-
income
10 613
-
15 305
-
total
16 470
-
24 997
-
Employer
58 927
-
86 216
-
pensions
6 379
-
10 146
-
health
1 119
-
1 637
-
total
7 498
-
11 783
-
Corporate
31 575
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.

6 000
18 621
-
-
total
6 000
18 621
-
-
Dividends
25 575
79 379
-
-
withholding
1 918
8 148
-
-
total
1 918
8 148
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 886
26 769
36 780
28 081
After tax
66 114
71 231
61 220
69 919
Living cost
42 457
42 457
42 457
42 457
Free-cash
23 657
28 774
18 763
27 462

Estimated living cost  is ₽42457 per week

₽31808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
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.
₽7021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1635
₽1709
-₽30370
₽6615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
245
pensions
-
-
-
9 018
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.

-
-
-
1 960
regional
-
-
-
3 346
city
-
-
-
1 033
national
-
-
-
600
total
-
-
-
16 202
Employee
87 984
-
87 714
-
unemployment
-
-
-
-
pensions
7 392
-
7 369
-
regional
2 881
-
2 866
-
national
416
-
415
-
health
199
-
197
-
city
944
-
942
-
total
11 832
-
11 789
-
Employer
87 984
-
87 714
-
pensions
7 392
-
7 369
-
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.

1 759
-
1 753
-
health
199
-
197
-
unemployment
-
-
-
-
total
9 350
-
9 319
-
Corporate
-
98 000
-
-
regional
-
20 727
-
-
national
-
8 330
-
-
total
-
29 057
-
-
Dividends
-
68 942
-
-
withholding
-
24 130
-
-
total
-
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 182
53 187
21 108
16 202
After tax
76 818
44 813
76 892
81 798
Living cost
75 183
75 183
75 183
75 183
Free-cash
1 635
-30 370
1 709
6 615

Estimated living cost  is ₽75183 per week

₽48891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20473
₽25930
₽5099
₽16684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
9 246
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.

-
-
-
21 004
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.

-
-
-
1 155
total
-
-
-
37 882
Employee

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

56 981
-
98 000
-
health

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

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

6 477
-
6 477
-
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.

6 700
-
21 004
-
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.

369
-
1 155
-
total
13 546
-
28 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 019
98 000
-
-
income
6 153
14 700
-
-
chamber of commerce
202
282
-
-
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.

338
808
-
-
trade
7 035
16 807
-
-
total
13 728
32 597
-
-
Dividends
27 291
65 403
-
-
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.

356
880
-
-
withholding
6 463
15 990
-
-
total
6 819
16 870
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 093
49 467
28 636
37 882
After tax
63 907
48 533
69 364
60 118
Living cost
43 434
43 434
43 434
43 434
Free-cash
20 473
5 099
25 930
16 684

Estimated living cost  is ₽43434 per week

₽31723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
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.
₽7674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22553
₽28942
₽16953
₽23899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 792
health
-
-
-
1 990
income
-
-
-
9 784
surtax
-
-
-
-
pensions
-
-
-
24 053
other
-
-
-
3 043
total
-
-
-
41 662
Employee
40 578
-
79 426
-
pensions
4 588
-
3 876
-
social contributions
1 157
-
2 263
-
income
2 395
-
11 905
-
surtax
-
-
-
-
total
8 140
-
18 044
-
Employer
40 578
-
79 426
-
pensions
6 666
-
6 820
-
other
1 400
-
2 740
-
health
2 841
-
5 560
-
unemployment
1 643
-
3 217
-
social contributions
122
-
238
-
total
12 672
-
18 575
-
Corporate
44 750
98 000
-
-
income
12 530
27 440
-
-
surtax
-
-
-
-
total
12 530
27 440
-
-
Dividends
32 220
70 560
-
-
surtax
-
-
-
-
social contributions
5 542
12 136
-
-
withholding
4 124
9 032
-
-
total
9 666
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 008
48 608
36 619
41 662
After tax
54 992
49 392
61 381
56 338
Living cost
32 439
32 439
32 439
32 439
Free-cash
22 553
16 953
28 942
23 899

Estimated living cost  is ₽32439 per week

₽20454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25433
₽32156
₽20167
₽27113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 792
health
-
-
-
1 990
income
-
-
-
9 784
surtax
-
-
-
-
pensions
-
-
-
24 053
other
-
-
-
3 043
total
-
-
-
41 662
Employee
36 222
-
79 426
-
pensions
4 097
-
3 876
-
social contributions
1 033
-
2 263
-
income
1 868
-
11 905
-
surtax
-
-
-
-
total
6 998
-
18 044
-
Employer
36 222
-
79 426
-
pensions
5 952
-
6 820
-
other
1 250
-
2 740
-
health
2 535
-
5 560
-
unemployment
1 466
-
3 217
-
social contributions
108
-
238
-
total
11 311
-
18 575
-
Corporate
50 466
98 000
-
-
income
14 131
27 440
-
-
surtax
-
-
-
-
total
14 131
27 440
-
-
Dividends
36 335
70 560
-
-
surtax
-
-
-
-
social contributions
6 251
12 136
-
-
withholding
4 651
9 032
-
-
total
10 902
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 342
48 608
36 619
41 662
After tax
54 658
49 392
61 381
56 338
Living cost
29 225
29 225
29 225
29 225
Free-cash
25 433
20 167
32 156
27 113

Estimated living cost  is ₽29225 per week

₽16949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40174
₽42837
₽39683
₽42831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 523
health
-
-
-
6 841
income
-
-
-
14 700
total
-
-
-
35 064
Employee
32 147
-
98 000
-
health
2 244
-
6 841
-
social contributions
4 437
-
13 523
-
income
5 362
-
14 694
-
total
12 043
-
35 058
-
Employer
32 147
-
98 000
-
total
-
-
-
-
Corporate
65 853
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%.

3 293
4 899
-
-
total
3 293
4 899
-
-
Dividends
62 560
93 101
-
-
health
4 367
6 499
-
-
social contributions
8 633
12 848
-
-
withholding
9 385
13 966
-
-
total
22 385
33 313
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 721
38 212
35 058
35 064
After tax
60 279
59 788
62 942
62 936
Living cost
20 105
20 105
20 105
20 105
Free-cash
40 174
39 683
42 837
42 831

Estimated living cost  is ₽20105 per week

₽13455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20008
-₽4087
₽21471
₽15952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 497
surtax
-
-
-
187
income
-
-
-
16 620
chamber of commerce
-
-
-
392
pensions
-
-
-
18 129
unemployment
-
-
-
5 815
total
-
-
-
48 640
Employee
47 383
37 784
75 954
-
unemployment
1 421
1 134
2 278
-
pensions
4 853
3 868
7 778
-
health
1 833
1 463
2 940
-
income
5 394
2 787
14 788
-
other
473
378
759
-
total
13 974
9 630
28 543
-
Employer
47 383
37 784
75 954
-
chamber of commerce
189
151
304
-
pensions
5 947
4 743
9 532
-
other
2 251
1 794
3 607
-
health
1 790
1 429
2 872
-
unemployment
1 421
1 134
2 278
-
accident
615
491
988
-
surtax
187
187
187
-
payroll
1 421
1 134
2 278
-
total
13 821
11 063
22 046
-
Corporate
36 795
49 154
72 355
-
income

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

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

9 200
12 289
18 090
-
total
9 200
12 289
18 090
-
Dividends
27 596
36 865
-
-
withholding
7 589
10 139
-
-
total
7 589
10 139
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 584
43 121
68 679
48 640
After tax
53 416
54 879
29 321
49 360
Living cost
33 408
33 408
33 408
33 408
Free-cash
20 008
21 471
-4 087
15 952

Estimated living cost  is ₽33408 per week

₽22282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6162
₽3442
₽20382
₽11070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 461
communal

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

-
-
-
4 952
national
-
-
-
31 947
total
-
-
-
52 360
Employee

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

67 820
-
75 903
-
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.

590
-
660
-
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.

5 086
-
5 693
-
national
20 851
-
24 012
-
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.

3 186
-
3 568
-
communal

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

3 537
-
3 958
-
total
33 250
-
37 891
-
Employer

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

67 820
-
75 903
-
pensions

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

6 009
-
6 726
-
health

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

4 171
-
4 667
-
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.

990
-
1 108
-
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.

882
-
988
-
surtax
7 690
-
8 608
-
total
19 742
-
22 097
-
Corporate
10 439
98 000
-
-
income
2 087
19 599
-
-
surtax
41
392
-
-
total
2 128
19 991
-
-
Dividends
8 310
78 009
-
-
withholding

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

2 148
23 057
-
-
total
2 148
23 057
-
-
Income
98 000
98 000
98 000
98 000
Total tax
57 268
43 048
59 988
52 360
After tax
40 732
54 952
38 012
45 640
Living cost
34 570
34 570
34 570
34 570
Free-cash
6 162
20 382
3 442
11 070

Estimated living cost  is ₽34570 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24229
₽17335
₽31783
₽18624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
792
income
-
-
-
18 771
pensions
-
-
-
24 869
other
-
-
-
88
unemployment
-
-
-
615
total
-
-
-
45 135
Employee
47 195
-
74 308
-
unemployment
732
-
1 152
-
pensions
2 218
-
3 492
-
income
9 958
-
18 015
-
other
47
-
74
-
total
12 955
-
22 733
-
Employer
47 195
-
74 308
-
pensions
11 137
-
17 537
-
other
376
-
596
-
unemployment
2 596
-
4 086
-
accident
934
-
1 472
-
total
15 043
-
23 691
-
Corporate
35 761
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.

5 364
14 700
-
-
total
5 364
14 700
-
-
Dividends
30 398
83 300
-
-
withholding
6 168
17 276
-
-
total
6 168
17 276
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 530
31 976
46 424
45 135
After tax
58 470
66 024
51 576
52 865
Living cost
34 241
34 241
34 241
34 241
Free-cash
24 229
31 783
17 335
18 624

Estimated living cost  is ₽34241 per week

₽25215
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.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1747
₽8453
₽8349
₽4153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
826
health
-
-
-
6 884
income
-
-
-
8 872
surtax
-
-
-
4 858
pensions
-
-
-
14 689
communal
-
-
-
6 193
total
-
-
-
42 322
Employee
71 801
-
87 539
-
pensions
5 743
-
7 003
-
health
3 195
-
3 895
-
income
6 935
-
11 298
-
surtax
4 401
-
5 365
-
total
20 274
-
27 561
-
Employer
71 801
-
87 539
-
pensions
5 743
-
7 003
-
health
2 190
-
2 670
-
accident
646
-
788
-
total
8 579
-
10 461
-
Corporate
17 620
98 000
-
-
income
2 643
14 700
-
-
communal
-
6 616
-
-
surtax
185
1 029
-
-
total
2 828
22 345
-
-
Dividends
14 792
75 655
-
-
income
10 829
4 433
-
-
withholding
2 218
11 348
-
-
total
13 047
15 781
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 728
38 126
38 022
42 322
After tax
53 272
59 874
59 978
55 678
Living cost
51 525
51 525
51 525
51 525
Free-cash
1 747
8 349
8 453
4 153

Estimated living cost  is ₽51525 per week

₽38651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37332
₽26892
₽40347
₽28797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 958
income
-
-
-
18 797
surtax
-
-
-
2 337
pensions
-
-
-
19 599
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
47 907
Employee
31 930
-
80 959
-
unemployment
2 222
-
5 635
-
pensions
2 130
-
5 400
-
health
815
-
2 064
-
income
5 353
-
17 552
-
other
-
-
-
-
surtax
113
-
2 120
-
total
10 633
-
32 771
-
Employer
31 930
-
80 959
-
pensions
4 257
-
10 792
-
other
-
-
-
-
health
1 452
-
3 683
-
unemployment
1 013
-
2 566
-
total
6 722
-
17 041
-
Corporate
59 348
98 000
-
-
income
15 430
25 479
-
-
total
15 430
25 479
-
-
Dividends
43 918
72 521
-
-
withholding
6 587
10 878
-
-
total
6 587
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 372
36 357
49 812
47 907
After tax
58 628
61 643
48 188
50 093
Living cost
21 296
21 296
21 296
21 296
Free-cash
37 332
40 347
26 892
28 797

Estimated living cost  is ₽21296 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23866
₽19516
₽25970
₽24153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 206
municipal
-
-
-
583
regional
-
-
-
1 478
national
-
-
-
21 040
total
-
-
-
48 307
Employee
52 594
-
98 000
-
regional
708
-
1 318
-
municipal
279
-
520
-
national
8 332
-
18 061
-
social contributions
17 735
-
33 045
-
total
27 054
-
52 944
-
Employer
52 594
-
98 000
-
total
-
-
-
-
Corporate
45 406
98 000
-
-
municipal
2 256
4 871
-
-
nationa
10 898
23 520
-
-
total
13 154
28 391
-
-
Dividends
32 252
69 610
-
-
withholding
8 386
18 099
-
-
total
8 386
18 099
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 594
46 490
52 944
48 307
After tax
49 406
51 510
45 056
49 693
Living cost
25 540
25 540
25 540
25 540
Free-cash
23 866
25 970
19 516
24 153

Estimated living cost  is ₽25540 per week

₽15884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28056
₽20679
₽38421
₽18679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 616
health
-
-
-
13 230
income
-
-
-
8 423
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
42 724
-
73 134
-
solidarity contribution
-
-
-
-
health
5 768
-
9 873
-
social contributions
2 777
-
4 754
-
income
5 127
-
8 776
-
total
13 672
-
23 403
-
Employer
42 724
-
73 134
-
health
3 845
-
6 582
-
social contributions
10 681
-
18 284
-
total
14 526
-
24 866
-
Corporate
40 750
98 000
-
-
income
7 743
18 620
-
-
total
7 743
18 620
-
-
Dividends
33 008
79 380
-
-
withholding
4 951
11 907
-
-
total
4 951
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 892
30 527
48 269
50 269
After tax
57 108
67 473
49 731
47 731
Living cost
29 052
29 052
29 052
29 052
Free-cash
28 056
38 421
20 679
18 679

Estimated living cost  is ₽29052 per week

₽21605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24266
-₽894
₽24732
₽19298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 497
surtax
-
-
-
-
income
-
-
-
16 620
chamber of commerce
-
-
-
392
pensions
-
-
-
18 129
unemployment
-
-
-
5 815
total
-
-
-
48 453
Employee
41 445
37 784
76 096
-
unemployment
1 243
1 134
2 283
-
pensions
4 244
3 868
7 793
-
health
1 603
1 463
2 945
-
income
3 692
2 787
14 837
-
other
414
378
761
-
total
11 196
9 630
28 619
-
Employer
41 445
37 784
76 096
-
chamber of commerce
166
151
304
-
pensions
5 202
4 743
9 550
-
other
1 968
1 794
3 613
-
health
1 567
1 429
2 877
-
unemployment
1 243
1 134
2 283
-
accident
538
491
990
-
surtax
-
-
-
-
payroll
1 243
1 134
2 283
-
total
11 927
10 876
21 900
-
Corporate
44 627
49 341
72 501
-
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.

11 157
12 336
18 126
-
total
11 157
12 336
18 126
-
Dividends
33 470
37 006
-
-
withholding
9 205
10 177
-
-
total
9 205
10 177
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 485
43 019
68 645
48 453
After tax
54 515
54 981
29 355
49 547
Living cost
30 249
30 249
30 249
30 249
Free-cash
24 266
24 732
-894
19 298

Estimated living cost  is ₽30249 per week

₽18145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78624
₽66210
₽80910
₽84830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 237
-
98 000
-
income
3 048
-
19 600
-
total
3 048
-
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%.

82 763
98 000
-
-
total
-
-
-
-
Dividends
82 763
98 000
-
-
withholding
4 138
4 900
-
-
total
4 138
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 186
4 900
19 600
980
After tax
90 814
93 100
78 400
97 020
Living cost
12 190
12 190
12 190
12 190
Free-cash
78 624
80 910
66 210
84 830

Estimated living cost  is ₽12190 per week

₽8249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34112
₽22323
₽42042
₽25130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 644
income
-
-
-
19 750
pensions
-
-
-
17 897
unemployment
-
-
-
148
total
-
-
-
47 439
Employee

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

41 926
-
84 797
-
unemployment
59
-
119
-
pensions
6 499
-
13 144
-
health
2 708
-
5 477
-
income
7 230
-
18 303
-
total
16 496
-
37 043
-
Employer

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

41 926
-
84 797
-
pensions
3 710
-
7 505
-
health
2 792
-
5 648
-
unemployment
25
-
50
-
total
6 527
-
13 203
-
Corporate
49 546
98 000
-
-
income
9 414
18 620
-
-
total
9 414
18 620
-
-
Dividends
40 132
79 380
-
-
withholding
6 020
11 907
-
-
total
6 020
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 457
30 527
50 246
47 439
After tax
59 543
67 473
47 754
50 561
Living cost
25 431
25 431
25 431
25 431
Free-cash
34 112
42 042
22 323
25 130

Estimated living cost  is ₽25431 per week

₽17453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43452
₽44586
₽18689
₽26792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 694
-
-
-
social contributions
4 813
-
686
-
income
12 947
-
-
-
total
17 760
-
686
-
Employer
58 694
-
-
-
social contributions
82 758
-
11 794
-
total
82 758
-
11 794
-
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
100 518
38 377
12 480
30 274
After tax
-2 518
59 623
85 520
67 726
Living cost
40 934
40 934
40 934
40 934
Free-cash
-43 452
18 689
44 586
26 792

Estimated living cost  is ₽40934 per week

₽26560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25048
₽19742
₽26003
₽24913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 054
income
-
-
-
9 293
surtax
-
-
-
-
total
-
-
-
43 347
Employee
43 606
-
79 192
-
social contributions
4 797
-
8 712
-
income
9 070
-
20 998
-
surtax
-
-
-
-
total
13 867
-
29 710
-
Employer
43 606
-
79 192
-
social contributions
10 356
-
18 808
-
total
10 356
-
18 808
-
Corporate
44 037
98 000
-
-
income
9 248
20 580
-
-
surtax
-
-
-
-
total
9 248
20 580
-
-
Dividends
34 789
77 420
-
-
withholding
9 741
21 677
-
-
total
9 741
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 212
42 257
48 518
43 347
After tax
54 788
55 743
49 482
54 653
Living cost
29 740
29 740
29 740
29 740
Free-cash
25 048
26 003
19 742
24 913

Estimated living cost  is ₽29740 per week

₽22251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10118
₽15588
₽3599
₽10545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 792
health
-
-
-
1 990
income
-
-
-
9 784
surtax
-
-
-
-
pensions
-
-
-
24 053
other
-
-
-
3 043
total
-
-
-
41 662
Employee
59 383
-
79 426
-
pensions
6 717
-
3 876
-
social contributions
1 691
-
2 263
-
income
5 181
-
11 905
-
surtax
-
-
-
-
total
13 589
-
18 044
-
Employer
59 383
-
79 426
-
pensions
9 757
-
6 820
-
other
2 049
-
2 740
-
health
4 156
-
5 560
-
unemployment
2 406
-
3 217
-
social contributions
178
-
238
-
total
18 546
-
18 575
-
Corporate
20 070
98 000
-
-
income
5 619
27 440
-
-
surtax
-
-
-
-
total
5 619
27 440
-
-
Dividends
14 451
70 560
-
-
surtax
-
-
-
-
social contributions
2 485
12 136
-
-
withholding
1 850
9 032
-
-
total
4 335
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 089
48 608
36 619
41 662
After tax
55 911
49 392
61 381
56 338
Living cost
45 793
45 793
45 793
45 793
Free-cash
10 118
3 599
15 588
10 545

Estimated living cost  is ₽45793 per week

₽30992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56515
₽48658
₽59699
₽46054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 560
income
-
-
-
1 886
total
-
-
-
23 446
Employee
30 481
-
84 849
-
social contributions
1 981
-
5 516
-
income
-
-
2 175
-
total
1 981
-
7 691
-
Employer
30 481
-
84 849
-
social contributions
4 725
-
13 151
-
total
4 725
-
13 151
-
Corporate
62 794
98 000
-
-
income
6 279
9 801
-
-
total
6 279
9 801
-
-
Dividends
56 515
88 199
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 985
9 801
20 842
23 446
After tax
85 015
88 199
77 158
74 554
Living cost
28 500
28 500
28 500
28 500
Free-cash
56 515
59 699
48 658
46 054

Estimated living cost  is ₽28500 per week

₽18428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽108313
-₽108313
-₽108313
₽14986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 371
pensions
-
-
-
821
labour market
-
-
-
7 774
national
-
-
-
10 444
total
-
-
-
37 410
Employee
192 483
192 483
192 483
-
pensions
274
274
274
-
municipal
40 988
40 988
40 988
-
national
23 515
23 515
23 515
-
labour market
15 377
15 377
15 377
-
total
80 154
80 154
80 154
-
Employer
192 483
192 483
192 483
-
municipal
41 053
41 053
41 053
-
pensions
547
547
547
-
national
23 556
23 556
23 556
-
labour market
15 399
15 399
15 399
-
total
80 555
80 555
80 555
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
160 709
160 709
160 709
37 410
After tax
-62 709
-62 709
-62 709
60 590
Living cost
45 604
45 604
45 604
45 604
Free-cash
-108 313
-108 313
-108 313
14 986

Estimated living cost  is ₽45604 per week

₽31212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4737
₽29850
-₽12930
₽46383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
24 043
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
30 749
Employee
32 827
-
83 935
-
pensions
3 697
-
7 345
-
health
3 759
-
9 610
-
income
4 504
-
16 262
-
total
11 960
-
33 217
-
Employer
32 827
-
83 935
-
pensions
5 338
-
10 607
-
unemployment
804
-
2 056
-
accident
548
-
1 402
-
total
6 690
-
14 065
-
Corporate
58 482
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.

52 634
88 200
-
-
total
52 634
88 200
-
-
Dividends
5 848
9 800
-
-
withholding
1 111
1 862
-
-
total
1 111
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 395
90 062
47 282
30 749
After tax
25 605
7 938
50 718
67 251
Living cost
20 868
20 868
20 868
20 868
Free-cash
4 737
-12 930
29 850
46 383

Estimated living cost  is ₽20868 per week

₽15190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26788
₽19255
₽28516
₽32831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 114
municipal
-
-
-
17 440
national
-
-
-
10 214
total
-
-
-
28 768
Employee
49 883
-
82 442
-
unemployment
748
-
1 236
-
pensions
3 366
-
5 565
-
municipal
8 170
-
13 458
-
national
824
-
5 653
-
health
372
-
874
-
total
13 480
-
26 786
-
Employer
49 883
-
82 442
-
pensions
8 654
-
14 304
-
health
383
-
635
-
unemployment
324
-
536
-
accident
50
-
83
-
total
9 411
-
15 558
-
Corporate
38 705
98 000
-
-
income
7 740
19 599
-
-
total
7 740
19 599
-
-
Dividends

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

23 224
58 801
-
-
national
-
2 899
-
-
municipal
4 180
10 585
-
-
total
4 180
13 484
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 811
33 083
42 344
28 768
After tax
63 189
64 917
55 656
69 232
Living cost
36 401
36 401
36 401
36 401
Free-cash
26 788
28 516
19 255
32 831

Estimated living cost  is ₽36401 per week

₽23777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44605
₽47036
₽49765
₽47134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 288
health
-
-
-
2 499
income
-
-
-
11 127
total
-
-
-
28 914
Employee
72 906
72 906
88 970
-
health
565
1 240
1 513
-
social contributions
2 756
6 051
7 384
-
income
7 938
6 749
11 085
-
total
11 259
14 040
19 982
-
Employer
72 906
72 906
88 970
-
health
614
1 349
1 646
-
social contributions
2 756
6 051
7 384
-
total
3 370
7 400
9 030
-
Corporate
61 419
17 693
-
-
income
7 677
2 211
-
-
total
7 677
2 211
-
-
Dividends
53 741
15 482
-
-
withholding
9 137
2 632
-
-
total
9 137
2 632
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 443
26 283
29 012
28 914
After tax
66 557
71 717
68 988
69 086
Living cost
21 952
21 952
21 952
21 952
Free-cash
44 605
49 765
47 036
47 134

Estimated living cost  is ₽21952 per week

₽13156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61278
₽45381
₽66101
₽64057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 431
income
-
-
-
9 401
pensions
-
-
-
6 031
unemployment
-
-
-
27
total
-
-
-
18 890
Employee

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

21 763
-
88 849
-
unemployment
108
-
444
-
pensions
3 264
-
13 327
-
health
1 850
-
7 551
-
income
1 488
-
7 093
-
total
6 710
-
28 415
-
Employer

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

21 763
-
88 849
-
pensions
1 196
-
4 887
-
health
936
-
3 820
-
unemployment
108
-
444
-
total
2 240
-
9 151
-
Corporate
73 997
98 000
-
-
income
6 659
8 820
-
-
total
6 659
8 820
-
-
Dividends
67 338
89 180
-
-
withholding
6 060
8 026
-
-
total
6 060
8 026
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 669
16 846
37 566
18 890
After tax
76 331
81 154
60 434
79 110
Living cost
15 053
15 053
15 053
15 053
Free-cash
61 278
66 101
45 381
64 057

Estimated living cost  is ₽15053 per week

₽9604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34977
₽25504
₽39952
₽26793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
792
income
-
-
-
18 771
pensions
-
-
-
24 869
other
-
-
-
88
unemployment
-
-
-
615
total
-
-
-
45 135
Employee
35 058
-
74 308
-
unemployment
543
-
1 152
-
pensions
1 648
-
3 492
-
income
6 759
-
18 015
-
other
34
-
74
-
total
8 984
-
22 733
-
Employer
35 058
-
74 308
-
pensions
8 273
-
17 537
-
other
281
-
596
-
unemployment
1 929
-
4 086
-
accident
695
-
1 472
-
total
11 178
-
23 691
-
Corporate
51 765
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.

7 766
14 700
-
-
total
7 766
14 700
-
-
Dividends
44 000
83 300
-
-
withholding
9 023
17 276
-
-
total
9 023
17 276
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 951
31 976
46 424
45 135
After tax
61 049
66 024
51 576
52 865
Living cost
26 072
26 072
26 072
26 072
Free-cash
34 977
39 952
25 504
26 793

Estimated living cost  is ₽26072 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59003
₽60640
₽59307
₽60771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
976
income
-
-
-
33 062
pensions
-
-
-
1 346
total
-
-
-
35 384
Employee
2 811
-
96 486
-
unemployment
28
-
67
-
pensions
253
-
606
-
health
141
-
337
-
income
544
-
32 991
-
total
966
-
34 001
-
Employer
2 811
-
96 486
-
pensions
309
-
740
-
health
267
-
639
-
unemployment
56
-
135
-
total
632
-
1 514
-
Corporate
94 557
98 000
-
-
income
20 803
21 560
-
-
total
20 803
21 560
-
-
Dividends
73 755
76 440
-
-
withholding
14 751
15 288
-
-
total
14 751
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 152
36 848
35 515
35 384
After tax
60 848
61 152
62 485
62 616
Living cost
1 845
1 845
1 845
1 845
Free-cash
59 003
59 307
60 640
60 771

Estimated living cost  is ₽1845 per week

₽1097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49927
₽36077
₽54551
₽36077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 154
income
-
-
-
19 413
pensions
-
-
-
18 060
unemployment
-
-
-
1 042
total
-
-
-
45 669
Employee

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

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

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

24 510
-
85 567
-
unemployment
184
-
521
-
pensions
3 431
-
9 725
-
health
1 262
-
3 577
-
income
3 379
-
19 413
-
total
8 256
-
33 236
-
Employer

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

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

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

24 510
-
85 567
-
pensions
2 941
-
8 335
-
health
1 262
-
3 577
-
unemployment
184
-
521
-
total
4 387
-
12 433
-
Corporate
69 102
98 000
-
-
income
10 365
14 700
-
-
total
10 365
14 700
-
-
Dividends
58 737
83 300
-
-
withholding
8 811
12 495
-
-
total
8 811
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 819
27 195
45 669
45 669
After tax
66 181
70 805
52 331
52 331
Living cost
16 254
16 254
16 254
16 254
Free-cash
49 927
54 551
36 077
36 077

Estimated living cost  is ₽16254 per week

₽10944
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.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29840
₽23921
₽30182
₽29092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 054
income
-
-
-
9 293
surtax
-
-
-
-
total
-
-
-
43 347
Employee
36 799
-
79 192
-
social contributions
4 048
-
8 712
-
income
7 190
-
20 998
-
surtax
-
-
-
-
total
11 238
-
29 710
-
Employer
36 799
-
79 192
-
social contributions
8 739
-
18 808
-
total
8 739
-
18 808
-
Corporate
52 462
98 000
-
-
income
11 017
20 580
-
-
surtax
-
-
-
-
total
11 017
20 580
-
-
Dividends
41 445
77 420
-
-
withholding
11 605
21 677
-
-
total
11 605
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 599
42 257
48 518
43 347
After tax
55 401
55 743
49 482
54 653
Living cost
25 561
25 561
25 561
25 561
Free-cash
29 840
30 182
23 921
29 092

Estimated living cost  is ₽25561 per week

₽18104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25471
₽18255
₽32703
₽19544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
792
income
-
-
-
18 771
pensions
-
-
-
24 869
other
-
-
-
88
unemployment
-
-
-
615
total
-
-
-
45 135
Employee
45 790
-
74 308
-
unemployment
709
-
1 152
-
pensions
2 152
-
3 492
-
income
9 564
-
18 015
-
other
45
-
74
-
total
12 470
-
22 733
-
Employer
45 790
-
74 308
-
pensions
10 806
-
17 537
-
other
367
-
596
-
unemployment
2 519
-
4 086
-
accident
907
-
1 472
-
total
14 599
-
23 691
-
Corporate
37 611
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.

5 642
14 700
-
-
total
5 642
14 700
-
-
Dividends
31 968
83 300
-
-
withholding
6 497
17 276
-
-
total
6 497
17 276
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 208
31 976
46 424
45 135
After tax
58 792
66 024
51 576
52 865
Living cost
33 321
33 321
33 321
33 321
Free-cash
25 471
32 703
18 255
19 544

Estimated living cost  is ₽33321 per week

₽23930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61705
₽61252
₽67483
₽58152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 808
income
-
-
-
14 700
pensions

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

-
-
-
4 901
unemployment
-
-
-
132
total
-
-
-
23 541
Employee
21 593
-
91 503
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 896
-
2 907
-
health
993
-
1 523
-
income
2 160
-
9 150
-
total
5 286
-
13 944
-
Employer
21 593
-
91 503
-
pensions

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

2 380
-
3 649
-
health
1 490
-
2 285
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 237
-
6 497
-
Corporate
72 170
98 000
-
-
income
7 217
9 800
-
-
total
7 217
9 800
-
-
Dividends
64 953
88 200
-
-
withholding
3 248
4 410
-
-
total
3 248
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 988
14 210
20 441
23 541
After tax
78 012
83 790
77 559
74 459
Living cost
16 307
16 307
16 307
16 307
Free-cash
61 705
67 483
61 252
58 152

Estimated living cost  is ₽16307 per week

₽10786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26351
₽32759
₽13943
₽25022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 477
trade
-
-
-
7 737
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.

-
-
-
21 004
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.

-
-
-
1 155
total
-
-
-
36 373
Employee

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

47 175
-
98 000
-
health

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

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

6 477
-
6 477
-
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.

3 879
-
21 004
-
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.

214
-
1 155
-
total
10 570
-
28 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 825
98 000
-
-
income
7 623
14 700
-
-
chamber of commerce
218
288
-
-
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.

419
808
-
-
trade
7 294
14 063
-
-
total
15 554
29 859
-
-
Dividends
35 270
68 141
-
-
surtax

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

464
918
-
-
withholding
8 456
16 675
-
-
total
8 920
17 593
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 044
47 452
28 636
36 373
After tax
62 956
50 548
69 364
61 627
Living cost
36 605
36 605
36 605
36 605
Free-cash
26 351
13 943
32 759
25 022

Estimated living cost  is ₽36605 per week

₽25251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16683
₽11679
₽14592
₽11679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 783
income
-
-
-
23 529
total
-
-
-
32 312
Employee
74 165
-
98 000
-
social contributions
6 162
-
8 783
-
income
13 995
-
23 529
-
total
20 157
-
32 312
-
Employer
74 165
-
98 000
-
total
-
-
-
-
Corporate
23 835
98 000
-
-
income
2 980
12 249
-
-
total
2 980
12 249
-
-
Dividends
20 856
85 751
-
-
withholding
4 171
17 150
-
-
total
4 171
17 150
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 308
29 399
32 312
32 312
After tax
70 692
68 601
65 688
65 688
Living cost
54 009
54 009
54 009
54 009
Free-cash
16 683
14 592
11 679
11 679

Estimated living cost  is ₽54009 per week

₽41089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27707
₽37606
₽24273
₽30743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 989
health

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

-
-
-
5 851
total
-
-
-
32 840
Employee
43 494
-
93 639
-
social contributions
4 358
-
4 361
-
income
4 719
-
17 255
-
total
9 077
-
21 616
-
Employer
43 494
-
93 639
-
social contributions
4 358
-
4 361
-
total
4 358
-
4 361
-
Corporate
50 148
98 000
-
-
income
17 552
34 301
-
-
total
17 552
34 301
-
-
Dividends
32 596
63 699
-
-
social contributions
4 889
5 009
-
-
total
4 889
5 009
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 876
39 310
25 977
32 840
After tax
62 124
58 690
72 023
65 160
Living cost
34 417
34 417
34 417
34 417
Free-cash
27 707
24 273
37 606
30 743

Estimated living cost  is ₽34417 per week

₽22671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33667
₽26704
₽36715
₽35403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 034
pensions
-
-
-
7 047
total
-
-
-
28 081
Employee
47 378
-
86 216
-
pensions
3 616
-
8 278
-
health
618
-
1 414
-
income
8 628
-
15 305
-
total
12 862
-
24 997
-
Employer
47 378
-
86 216
-
pensions
4 787
-
10 146
-
health
900
-
1 637
-
total
5 687
-
11 783
-
Corporate
44 935
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.

8 538
18 621
-
-
total
8 538
18 621
-
-
Dividends
36 397
79 379
-
-
withholding
2 730
8 148
-
-
total
2 730
8 148
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 817
26 769
36 780
28 081
After tax
68 183
71 231
61 220
69 919
Living cost
34 516
34 516
34 516
34 516
Free-cash
33 667
36 715
26 704
35 403

Estimated living cost  is ₽34516 per week

₽23678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
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.
₽7230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4420
₽27784
-₽14996
₽44316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 100
income
-
-
-
24 043
pensions
-
-
-
4 006
other
-
-
-
357
total
-
-
-
30 749
Employee
36 077
-
83 935
-
pensions
4 062
-
7 345
-
health
4 131
-
9 610
-
income
4 949
-
16 262
-
total
13 142
-
33 217
-
Employer
36 077
-
83 935
-
pensions
5 866
-
10 607
-
unemployment
884
-
2 056
-
accident
602
-
1 402
-
total
7 352
-
14 065
-
Corporate
54 571
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.

49 114
88 200
-
-
total
49 114
88 200
-
-
Dividends
5 457
9 800
-
-
withholding
1 037
1 862
-
-
total
1 037
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
70 645
90 062
47 282
30 749
After tax
27 355
7 938
50 718
67 251
Living cost
22 934
22 934
22 934
22 934
Free-cash
4 420
-14 996
27 784
44 316

Estimated living cost  is ₽22934 per week

₽16831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
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.
₽4305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽65886
₽49236
₽69663
₽43131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 115
health insurance
-
-
-
7 252
pensions
-
-
-
18 032
unemployment
-
-
-
1 176
work injury
-
-
-
490
total
-
-
-
42 065
Employee

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

20 486
-
98 000
-
unemployment
246
-
910
-
pensions
3 770
-
13 947
-
work injury
102
-
379
-
income
2 049
-
15 115
-
health insurance
1 516
-
5 609
-
total
7 683
-
35 960
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 514
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
77 514
97 020
-
-
withholding
11 627
14 553
-
-
total
11 627
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 310
15 533
35 960
42 065
After tax
78 690
82 467
62 040
55 935
Living cost
12 804
12 804
12 804
12 804
Free-cash
65 886
69 663
49 236
43 131

Estimated living cost  is ₽12804 per week

₽7932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽9536
₽6860
₽13850
₽11341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 206
municipal
-
-
-
655
regional
-
-
-
1 987
national
-
-
-
21 040
total
-
-
-
48 888
Employee
79 895
-
98 000
-
regional
1 206
-
1 678
-
municipal
477
-
585
-
national
13 502
-
18 061
-
social contributions
26 940
-
33 045
-
total
42 125
-
53 369
-
Employer
79 895
-
98 000
-
total
-
-
-
-
Corporate
18 105
98 000
-
-
municipal
873
4 723
-
-
nationa
4 345
23 520
-
-
total
5 218
28 243
-
-
Dividends
12 887
69 757
-
-
withholding
3 350
18 136
-
-
total
3 350
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 693
46 379
53 369
48 888
After tax
47 307
51 621
44 631
49 112
Living cost
37 771
37 771
37 771
37 771
Free-cash
9 536
13 850
6 860
11 341

Estimated living cost  is ₽37771 per week

₽26532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close