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
₽31823
₽32407
₽21630
₽41097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 293
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.

-
-
-
1 183
trade
-
-
-
8 690
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.

-
-
-
21 526
total
-
-
-
37 692
Employee

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

35 233
-
98 000
-
income

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

984
-
21 526
-
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.

6 293
-
6 293
-
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.

54
-
1 183
-
total
7 331
-
29 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 767
98 000
-
-
trade
9 885
15 436
-
-
income
9 415
14 700
-
-
surtax

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

517
808
-
-
chamber of commerce
231
281
-
-
total
20 048
31 225
-
-
Dividends
42 719
66 776
-
-
withholding
10 329
16 345
-
-
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.

568
899
-
-
total
10 897
17 244
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 276
48 469
29 002
37 692
After tax
59 724
49 531
68 998
60 308
Living cost
27 901
27 901
27 901
27 901
Free-cash
31 823
21 630
41 097
32 407

Estimated living cost  is ₽27901 per week

₽17551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9001
₽7968
₽9855
₽8735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
15 755
pensions
-
-
-
11 760
social contributions
-
-
-
1 053
municipal
-
-
-
10 167
total
-
-
-
38 735
Employee
79 520
-
84 720
-
pensions
3 181
-
3 389
-
national
15 220
-
16 343
-
municipal
9 822
-
10 547
-
total
28 223
-
30 279
-
Employer
79 520
-
84 720
-
social contributions
855
-
911
-
pensions
6 362
-
6 778
-
total
7 217
-
7 689
-
Corporate
6 015
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%.

1 203
19 600
-
-
total
1 203
19 600
-
-
Dividends
4 812
78 400
-
-
withholding
1 059
17 248
-
-
total
1 059
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 702
36 848
37 968
38 735
After tax
60 298
61 152
60 032
59 265
Living cost
51 297
51 297
51 297
51 297
Free-cash
9 001
9 855
8 735
7 968

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51680
₽33084
₽59237
₽36007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
98 000
surtax
-
-
-
-
income
-
-
-
14 245
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 507
total
-
-
-
45 752
Employee
26 917
-
78 976
-
income
4 791
-
15 117
-
social contributions

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

2 961
-
8 688
-
surtax
-
-
-
-
total
7 752
-
23 805
-
Employer
26 917
-
78 976
-
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.

6 484
-
19 024
-
total
6 484
-
19 024
-
Corporate
64 600
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%.

12 920
19 599
-
-
total
12 920
19 599
-
-
Dividends

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

51 679
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 156
19 599
42 829
45 752
After tax
70 844
78 401
55 171
52 248
Living cost
19 164
19 164
19 164
19 164
Free-cash
51 680
59 237
36 007
33 084

Estimated living cost  is ₽19164 per week

₽12226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3328
₽17017
₽8971
₽10601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 359
pensions
-
-
-
10 793
income
-
-
-
20 242
total
-
-
-
42 394
Employee
78 664
78 664
83 395
-
pensions
14 159
10 793
10 793
-
income

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

12 876
12 876
12 876
-
health
12 074
10 270
10 539
-
total
39 109
33 939
34 208
-
Employer
78 664
78 664
83 395
-
health
5 468
5 468
5 797
-
unemployment
2 832
2 832
3 001
-
pensions
5 475
5 475
5 804
-
total
13 775
13 775
14 602
-
Corporate
6 526
5 561
-
-
income
1 306
1 112
-
-
total
1 306
1 112
-
-
Dividends
5 221
4 450
-
-
income
1 110
946
-
-
withholding
783
668
-
-
total
1 893
1 614
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 083
50 440
48 810
42 394
After tax
41 917
47 560
49 190
55 606
Living cost
38 589
38 589
38 589
38 589
Free-cash
3 328
8 971
10 601
17 017

Estimated living cost  is ₽38589 per week

₽27347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
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.
₽7150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14809
₽14062
₽15659
₽14484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
5 176
national
-
-
-
-
accident
-
-
-
166
unemployment
-
-
-
83
pensions
-
-
-
8 967
other
-
-
-
9 639
municipal
-
-
-
22 058
total
-
-
-
46 089
Employee
53 931
-
74 570
-
national
-
-
-
-
municipal
16 082
-
22 237
-
total
16 082
-
22 237
-
Employer
53 931
-
74 570
-
health
3 317
-
4 586
-
accident
108
-
149
-
other
6 267
-
8 665
-
unemployment
1 424
-
1 969
-
pensions
5 830
-
8 061
-
total
16 946
-
23 430
-
Corporate
27 124
98 000
-
-
income
5 967
21 560
-
-
total
5 967
21 560
-
-
Dividends
21 157
76 440
-
-
withholding
6 347
22 932
-
-
total
6 347
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 342
44 492
45 667
46 089
After tax
52 658
53 508
52 333
51 911
Living cost
37 849
37 849
37 849
37 849
Free-cash
14 809
15 659
14 484
14 062

Estimated living cost  is ₽37849 per week

₽25085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25784
₽23735
₽12841
₽32811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 293
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.

-
-
-
1 183
trade
-
-
-
9 076
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.

-
-
-
21 526
total
-
-
-
38 078
Employee

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

46 714
-
98 000
-
income

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

4 014
-
21 526
-
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.

6 293
-
6 293
-
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.

220
-
1 183
-
total
10 527
-
29 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 286
98 000
-
-
trade
8 436
16 121
-
-
income
7 693
14 700
-
-
surtax

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

423
808
-
-
chamber of commerce
213
280
-
-
total
16 765
31 909
-
-
Dividends
34 520
66 092
-
-
withholding
8 281
16 173
-
-
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.

456
890
-
-
total
8 737
17 063
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 029
48 972
29 002
38 078
After tax
61 971
49 028
68 998
59 922
Living cost
36 187
36 187
36 187
36 187
Free-cash
25 784
12 841
32 811
23 735

Estimated living cost  is ₽36187 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3816
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.
₽7629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38004
₽39107
₽41824
₽38742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 500
income
-
-
-
11 611
social contributions
-
-
-
14 904
total
-
-
-
29 015
Employee
70 833
70 833
88 969
-
income
7 438
6 557
11 453
-
social contributions
3 442
5 879
7 384
-
health
704
1 204
1 512
-
total
11 584
13 640
20 349
-
Employer
70 833
70 833
88 969
-
health
767
1 311
1 647
-
social contributions
3 442
5 879
7 384
-
total
4 209
7 190
9 031
-
Corporate
52 328
19 977
-
-
income
6 541
2 496
-
-
total
6 541
2 496
-
-
Dividends
45 787
17 481
-
-
withholding
7 784
2 972
-
-
total
7 784
2 972
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 118
26 298
29 380
29 015
After tax
67 882
71 702
68 620
68 985
Living cost
29 878
29 878
29 878
29 878
Free-cash
38 004
41 824
38 742
39 107

Estimated living cost  is ₽29878 per week

₽20425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37511
₽49810
₽37134
₽38731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
6 860
unemployment
-
-
-
1 470
pensions
-
-
-
9 800
income
-
-
-
11 981
total
-
-
-
30 111
Employee

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

The minimum wage is 138,000 HUF per month.

26 097
10 386
82 008
-
pensions
2 610
1 039
8 201
-
income
3 190
1 270
10 026
-
unemployment
391
156
1 230
-
health
1 827
727
5 741
-
total
8 018
3 192
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.

26 097
10 386
82 008
-
pensions
5 089
2 025
15 992
-
total
5 089
2 025
15 992
-
Corporate
66 814
85 589
-
-
income
6 013
7 703
-
-
total
6 013
7 703
-
-
Dividends
60 801
77 886
-
-
social contributions
11 738
15 069
-
-
withholding
11 552
14 798
-
-
total
23 290
29 867
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 410
42 787
41 190
30 111
After tax
55 590
55 213
56 810
67 889
Living cost
18 079
18 079
18 079
18 079
Free-cash
37 511
37 134
38 731
49 810

Estimated living cost  is ₽18079 per week

₽12337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50427
₽30280
₽56152
₽34237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 599
income
-
-
-
13 132
total
-
-
-
45 471
Employee
26 132
-
73 244
-
pensions
523
-
1 465
-
income
2 942
-
14 121
-
unemployment
418
-
1 171
-
total
3 883
-
16 757
-
Employer
26 132
-
73 244
-
health
3 397
-
9 522
-
unemployment
210
-
586
-
pensions
5 227
-
14 649
-
total
8 834
-
24 757
-
Corporate
63 035
98 000
-
-
income
12 607
19 599
-
-
total
12 607
19 599
-
-
Dividends
50 428
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 324
19 599
41 514
45 471
After tax
72 676
78 401
56 486
52 529
Living cost
22 249
22 249
22 249
22 249
Free-cash
50 427
56 152
34 237
30 280

Estimated living cost  is ₽22249 per week

₽15261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1325
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4908
₽47459
-₽11812
₽31370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 958
accident
-
-
-
227
pensions
-
-
-
3 735
other
-
-
-
333
income
-
-
-
24 538
total
-
-
-
30 791
Employee
31 067
-
84 623
-
pensions
3 498
-
6 849
-
income
4 262
-
16 966
-
health
3 557
-
9 689
-
total
11 317
-
33 504
-
Employer
31 067
-
84 623
-
accident
519
-
1 413
-
unemployment
761
-
2 073
-
pensions
5 052
-
9 890
-
total
6 332
-
13 376
-
Corporate
60 601
98 000
-
-
income

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

54 541
88 200
-
-
total
54 541
88 200
-
-
Dividends
6 060
9 800
-
-
withholding
1 152
1 862
-
-
total
1 152
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
73 342
90 062
46 880
30 791
After tax
24 658
7 938
51 120
67 209
Living cost
19 750
19 750
19 750
19 750
Free-cash
4 908
-11 812
31 370
47 459

Estimated living cost  is ₽19750 per week

₽14475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83371
₽88827
₽84907
₽70207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 241
-
98 000
-
income
2 048
-
19 600
-
total
2 048
-
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%.

87 759
98 000
-
-
total
-
-
-
-
Dividends
87 759
98 000
-
-
withholding
4 388
4 900
-
-
total
4 388
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 436
4 900
19 600
980
After tax
91 564
93 100
78 400
97 020
Living cost
8 193
8 193
8 193
8 193
Free-cash
83 371
84 907
70 207
88 827

Estimated living cost  is ₽8193 per week

₽5077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41236
₽28487
₽47456
₽32542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
12 480
total
-
-
-
44 968
Employee
33 446
-
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.

2 341
-
5 478
-
income
5 758
-
13 831
-
unemployment
334
-
783
-
health
468
-
1 096
-
total
8 901
-
21 188
-
Employer
33 446
-
78 275
-
health
468
-
1 096
-
accident
267
-
626
-
other
1 673
-
3 914
-
unemployment
334
-
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.

5 687
-
13 306
-
total
8 429
-
19 725
-
Corporate
56 124
98 000
-
-
income
11 786
20 580
-
-
total
11 786
20 580
-
-
Dividends
44 339
77 420
-
-
withholding
3 103
5 419
-
-
total
3 103
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 219
25 999
40 913
44 968
After tax
65 781
72 001
57 087
53 032
Living cost
24 545
24 545
24 545
24 545
Free-cash
41 236
47 456
32 542
28 487

Estimated living cost  is ₽24545 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4329
₽6602
₽8040
-₽2314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
7 166
income
-
-
-
20 625
total
-
-
-
27 791
Employee
89 994
-
86 252
-
pensions
8 682
-
8 234
-
income
16 222
-
15 322
-
health
1 483
-
1 405
-
total
26 387
-
24 961
-
Employer
89 994
-
86 252
-
health
1 709
-
1 638
-
pensions
10 626
-
10 108
-
total
12 335
-
11 746
-
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
-
7 732
-
-
total
-
7 732
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 722
26 353
36 707
27 791
After tax
59 278
71 647
61 293
70 209
Living cost
63 607
63 607
63 607
63 607
Free-cash
-4 329
8 040
-2 314
6 602

Estimated living cost  is ₽63607 per week

₽47662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67429
₽62626
₽71709
₽65775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 701
unemployment
-
-
-
129
pensions

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

-
-
-
4 763
income
-
-
-
14 700
total
-
-
-
23 293
Employee
15 997
-
91 685
-
pensions

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

1 405
-
2 826
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
income
1 599
-
9 168
-
health
736
-
1 481
-
total
3 916
-
13 829
-
Employer
15 997
-
91 685
-
health
1 104
-
2 221
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
unemployment
96
-
193
-
pensions

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

1 763
-
3 547
-
total
3 139
-
6 315
-
Corporate
78 864
98 000
-
-
income
7 886
9 800
-
-
total
7 886
9 800
-
-
Dividends
70 978
88 200
-
-
withholding
3 549
4 410
-
-
total
3 549
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 490
14 210
20 144
23 293
After tax
79 510
83 790
77 856
74 707
Living cost
12 081
12 081
12 081
12 081
Free-cash
67 429
71 709
65 775
62 626

Estimated living cost  is ₽12081 per week

₽7053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2357
₽4526
-₽3520
-₽1890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 359
pensions
-
-
-
10 793
income
-
-
-
20 242
total
-
-
-
42 394
Employee
85 403
78 664
83 395
-
pensions
10 793
10 793
10 793
-
income

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

12 876
12 876
12 876
-
health
10 655
10 270
10 539
-
total
34 324
33 939
34 208
-
Employer
85 403
78 664
83 395
-
health
5 935
5 468
5 797
-
unemployment
3 075
2 832
3 001
-
pensions
5 943
5 475
5 804
-
total
14 953
13 775
14 602
-
Corporate
-
5 561
-
-
income
-
1 112
-
-
total
-
1 112
-
-
Dividends
-
4 450
-
-
income
-
946
-
-
withholding
-
668
-
-
total
-
1 614
-
-
Income
98 000
98 000
98 000
98 000
Total tax
49 277
50 440
48 810
42 394
After tax
48 723
47 560
49 190
55 606
Living cost
51 080
51 080
51 080
51 080
Free-cash
-2 357
-3 520
-1 890
4 526

Estimated living cost  is ₽51080 per week

₽37680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36422
₽24845
₽44587
₽26845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 230
solidarity contribution
-
-
-
-
income
-
-
-
8 423
social contributions
-
-
-
28 616
total
-
-
-
50 269
Employee
33 655
-
73 134
-
income
4 039
-
8 776
-
social contributions
2 188
-
4 754
-
health
4 543
-
9 873
-
solidarity contribution
-
-
-
-
total
10 770
-
23 403
-
Employer
33 655
-
73 134
-
health
3 029
-
6 582
-
social contributions
8 414
-
18 284
-
total
11 443
-
24 866
-
Corporate
52 902
98 000
-
-
income
10 051
18 620
-
-
total
10 051
18 620
-
-
Dividends
42 851
79 380
-
-
withholding
6 428
11 907
-
-
total
6 428
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 692
30 527
48 269
50 269
After tax
59 308
67 473
49 731
47 731
Living cost
22 886
22 886
22 886
22 886
Free-cash
36 422
44 587
26 845
24 845

Estimated living cost  is ₽22886 per week

₽15897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8607
₽11021
₽13418
₽6357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 229
regional
-
-
-
1 092
social contributions
-
-
-
25 206
municipal
-
-
-
582
total
-
-
-
48 109
Employee
81 867
-
98 000
-
social contributions
27 606
-
33 046
-
national
14 186
-
18 250
-
regional
772
-
958
-
municipal
434
-
519
-
total
42 998
-
52 773
-
Employer
81 867
-
98 000
-
total
-
-
-
-
Corporate
16 133
98 000
-
-
nationa
3 872
23 520
-
-
municipal
629
3 821
-
-
total
4 501
27 341
-
-
Dividends
11 631
70 658
-
-
withholding
3 024
18 371
-
-
total
3 024
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 523
45 712
52 773
48 109
After tax
47 477
52 288
45 227
49 891
Living cost
38 870
38 870
38 870
38 870
Free-cash
8 607
13 418
6 357
11 021

Estimated living cost  is ₽38870 per week

₽27095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽38448
₽29372
₽41315
₽27586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 957
surtax
-
-
-
2 416
unemployment
-
-
-
210
pensions
-
-
-
19 599
other
-
-
-
-
income
-
-
-
19 119
total
-
-
-
48 301
Employee
30 462
-
80 958
-
pensions
2 031
-
5 400
-
other
-
-
-
-
income
5 106
-
17 766
-
unemployment
2 120
-
5 634
-
health
778
-
2 064
-
surtax
100
-
2 183
-
total
10 135
-
33 047
-
Employer
30 462
-
80 958
-
health
1 386
-
3 683
-
other
-
-
-
-
unemployment
965
-
2 566
-
pensions
4 061
-
10 791
-
total
6 412
-
17 040
-
Corporate
61 126
98 000
-
-
income
15 894
25 480
-
-
total
15 894
25 480
-
-
Dividends
45 232
72 520
-
-
withholding
6 784
10 878
-
-
total
6 784
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 225
36 358
50 087
48 301
After tax
58 775
61 642
47 913
49 699
Living cost
20 327
20 327
20 327
20 327
Free-cash
38 448
41 315
27 586
29 372

Estimated living cost  is ₽20327 per week

₽12429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22489
₽26755
₽28193
₽17839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
7 166
income
-
-
-
20 625
total
-
-
-
27 791
Employee
60 311
-
86 252
-
pensions
5 119
-
8 234
-
income
10 862
-
15 322
-
health
876
-
1 405
-
total
16 857
-
24 961
-
Employer
60 311
-
86 252
-
health
1 146
-
1 638
-
pensions
6 529
-
10 108
-
total
7 675
-
11 746
-
Corporate
30 014
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.

5 703
18 621
-
-
total
5 703
18 621
-
-
Dividends
24 311
79 379
-
-
withholding
1 822
7 732
-
-
total
1 822
7 732
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 057
26 353
36 707
27 791
After tax
65 943
71 647
61 293
70 209
Living cost
43 454
43 454
43 454
43 454
Free-cash
22 489
28 193
17 839
26 755

Estimated living cost  is ₽43454 per week

₽32556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2326
₽7483
-₽29450
₽2600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
national
-
-
-
622
regional
-
-
-
3 380
city
-
-
-
1 032
pensions
-
-
-
9 016
other

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

-
-
-
1 961
total
-
-
-
16 253
Employee
86 908
-
87 715
-
pensions
7 301
-
7 368
-
city
933
-
942
-
unemployment
-
-
-
-
health
196
-
196
-
national
411
-
421
-
regional
2 846
-
2 890
-
total
11 687
-
11 817
-
Employer
86 908
-
87 715
-
health
196
-
196
-
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.

1 738
-
1 755
-
unemployment
-
-
-
-
pensions
7 301
-
7 368
-
total
9 235
-
9 319
-
Corporate
901
98 000
-
-
regional
191
20 727
-
-
national
76
8 329
-
-
total
267
29 056
-
-
Dividends
634
68 943
-
-
withholding
221
24 130
-
-
total
221
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 410
53 186
21 136
16 253
After tax
76 590
44 814
76 864
81 747
Living cost
74 264
74 264
74 264
74 264
Free-cash
2 326
-29 450
2 600
7 483

Estimated living cost  is ₽74264 per week

₽48293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21265
₽17337
₽6326
₽26799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 293
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.

-
-
-
1 183
trade
-
-
-
9 462
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.

-
-
-
21 526
total
-
-
-
38 464
Employee

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

55 360
-
98 000
-
income

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

6 510
-
21 526
-
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.

6 293
-
6 293
-
surtax

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

358
-
1 183
-
total
13 161
-
29 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 640
98 000
-
-
trade
7 312
16 808
-
-
income
6 396
14 700
-
-
surtax

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

351
808
-
-
chamber of commerce
199
278
-
-
total
14 258
32 594
-
-
Dividends
28 381
65 407
-
-
withholding
6 746
16 002
-
-
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.

371
879
-
-
total
7 117
16 881
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 536
49 475
29 002
38 464
After tax
63 464
48 525
68 998
59 536
Living cost
42 199
42 199
42 199
42 199
Free-cash
21 265
6 326
26 799
17 337

Estimated living cost  is ₽42199 per week

₽30820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
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.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23318
₽24747
₽17875
₽29412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 140
surtax
-
-
-
-
pensions
-
-
-
23 599
other
-
-
-
3 043
income
-
-
-
10 163
social contributions
-
-
-
2 792
total
-
-
-
41 737
Employee
39 424
-
79 292
-
pensions
4 458
-
3 979
-
income
2 327
-
12 124
-
social contributions
1 124
-
2 260
-
surtax
-
-
-
-
total
7 909
-
18 363
-
Employer
39 424
-
79 292
-
health
2 760
-
5 550
-
social contributions
119
-
238
-
other
1 360
-
2 736
-
unemployment
1 596
-
3 211
-
pensions
6 477
-
6 974
-
total
12 312
-
18 709
-
Corporate
46 264
98 000
-
-
income
12 953
27 440
-
-
surtax
-
-
-
-
total
12 953
27 440
-
-
Dividends
33 311
70 560
-
-
social contributions
5 728
12 137
-
-
withholding
4 264
9 032
-
-
surtax
-
-
-
-
total
9 992
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 166
48 609
37 072
41 737
After tax
54 834
49 391
60 928
56 263
Living cost
31 516
31 516
31 516
31 516
Free-cash
23 318
17 875
29 412
24 747

Estimated living cost  is ₽31516 per week

₽19872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26113
₽27869
₽20997
₽32534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 140
surtax
-
-
-
-
pensions
-
-
-
23 599
other
-
-
-
3 043
income
-
-
-
10 163
social contributions
-
-
-
2 792
total
-
-
-
41 737
Employee
35 192
-
79 292
-
pensions
3 980
-
3 979
-
income
1 815
-
12 124
-
social contributions
1 003
-
2 260
-
surtax
-
-
-
-
total
6 798
-
18 363
-
Employer
35 192
-
79 292
-
health
2 463
-
5 550
-
social contributions
105
-
238
-
other
1 215
-
2 736
-
unemployment
1 425
-
3 211
-
pensions
5 783
-
6 974
-
total
10 991
-
18 709
-
Corporate
51 818
98 000
-
-
income
14 509
27 440
-
-
surtax
-
-
-
-
total
14 509
27 440
-
-
Dividends
37 309
70 560
-
-
social contributions
6 419
12 137
-
-
withholding
4 776
9 032
-
-
surtax
-
-
-
-
total
11 195
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 493
48 609
37 072
41 737
After tax
54 507
49 391
60 928
56 263
Living cost
28 394
28 394
28 394
28 394
Free-cash
26 113
20 997
32 534
27 869

Estimated living cost  is ₽28394 per week

₽16467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40732
₽43404
₽40256
₽43272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 840
income
-
-
-
14 700
social contributions
-
-
-
13 523
total
-
-
-
35 063
Employee
31 233
-
98 000
-
income
5 209
-
14 832
-
social contributions
4 311
-
13 523
-
health
2 180
-
6 840
-
total
11 700
-
35 195
-
Employer
31 233
-
98 000
-
total
-
-
-
-
Corporate
66 767
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%.

3 339
4 900
-
-
total
3 339
4 900
-
-
Dividends
63 428
93 100
-
-
social contributions
8 753
12 848
-
-
withholding
9 515
13 965
-
-
health
4 428
6 498
-
-
total
22 696
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 735
38 211
35 195
35 063
After tax
60 265
59 789
62 805
62 937
Living cost
19 533
19 533
19 533
19 533
Free-cash
40 732
40 256
43 272
43 404

Estimated living cost  is ₽19533 per week

₽13072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20952
₽16680
₽22379
-₽3481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 498
surtax
-
-
-
182
chamber of commerce
-
-
-
392
unemployment
-
-
-
5 650
pensions
-
-
-
18 129
income
-
-
-
17 011
total
-
-
-
48 862
Employee
46 036
36 710
75 957
-
pensions
4 715
3 758
7 777
-
other
460
367
760
-
income
5 241
2 708
15 110
-
unemployment
1 381
1 101
2 279
-
health
1 781
1 421
2 940
-
total
13 578
9 355
28 866
-
Employer
46 036
36 710
75 957
-
health
1 739
1 388
2 870
-
chamber of commerce
184
147
304
-
accident
598
477
988
-
payroll
1 381
1 101
2 279
-
surtax
182
182
182
-
other
2 187
1 743
3 608
-
unemployment
1 381
1 101
2 279
-
pensions
5 777
4 608
9 532
-
total
13 429
10 747
22 042
-
Corporate
38 536
50 543
72 461
-
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.

9 634
12 635
18 115
-
total
9 634
12 635
18 115
-
Dividends
28 902
37 908
-
-
withholding
7 949
10 426
-
-
total
7 949
10 426
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 590
43 163
69 023
48 862
After tax
53 410
54 837
28 977
49 138
Living cost
32 458
32 458
32 458
32 458
Free-cash
20 952
22 379
-3 481
16 680

Estimated living cost  is ₽32458 per week

₽21648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7539
₽11724
₽21354
₽4264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
32 140
social contributions
-
-
-
15 605
communal

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

-
-
-
4 944
total
-
-
-
52 689
Employee

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

65 891
-
75 906
-
pensions

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

4 942
-
5 694
-
communal

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

3 437
-
3 959
-
unemployment

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

573
-
661
-
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.

3 096
-
3 566
-
national
20 258
-
24 175
-
total
32 306
-
38 055
-
Employer

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

65 891
-
75 906
-
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.

4 052
-
4 667
-
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.

857
-
986
-
surtax
7 471
-
8 608
-
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.

961
-
1 108
-
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.

5 839
-
6 725
-
total
19 180
-
22 094
-
Corporate
12 929
98 000
-
-
income
2 585
19 599
-
-
surtax
52
392
-
-
total
2 637
19 991
-
-
Dividends
10 291
78 009
-
-
withholding

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

2 751
23 068
-
-
total
2 751
23 068
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 874
43 059
60 149
52 689
After tax
41 126
54 941
37 851
45 311
Living cost
33 587
33 587
33 587
33 587
Free-cash
7 539
21 354
4 264
11 724

Estimated living cost  is ₽33587 per week

₽21634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25414
₽19850
₽32750
₽18088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
769
unemployment
-
-
-
598
pensions
-
-
-
24 162
other
-
-
-
86
income
-
-
-
19 268
total
-
-
-
44 883
Employee
45 853
-
74 310
-
pensions
2 155
-
3 493
-
other
45
-
75
-
income
9 675
-
18 235
-
unemployment
711
-
1 152
-
total
12 586
-
22 955
-
Employer
45 853
-
74 310
-
accident
907
-
1 472
-
other
365
-
594
-
unemployment
2 522
-
4 087
-
pensions
10 821
-
17 537
-
total
14 615
-
23 690
-
Corporate
37 531
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.

5 629
14 700
-
-
total
5 629
14 700
-
-
Dividends
31 902
83 300
-
-
withholding
6 489
17 283
-
-
total
6 489
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 319
31 983
46 645
44 883
After tax
58 681
66 017
51 355
53 117
Living cost
33 267
33 267
33 267
33 267
Free-cash
25 414
32 750
18 088
19 850

Estimated living cost  is ₽33267 per week

₽24498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3156
₽5238
₽9713
₽9456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 886
surtax
-
-
-
4 858
accident
-
-
-
827
pensions
-
-
-
14 689
income
-
-
-
9 249
communal
-
-
-
6 193
total
-
-
-
42 702
Employee
69 759
-
87 539
-
pensions
5 580
-
7 003
-
income
6 738
-
11 761
-
health
3 105
-
3 895
-
surtax
4 276
-
5 365
-
total
19 699
-
28 024
-
Employer
69 759
-
87 539
-
health
2 127
-
2 669
-
accident
628
-
788
-
pensions
5 580
-
7 003
-
total
8 335
-
10 460
-
Corporate
19 906
98 000
-
-
communal
-
6 615
-
-
income
2 986
14 700
-
-
surtax
210
1 030
-
-
total
3 196
22 345
-
-
Dividends
16 711
75 656
-
-
income
11 047
4 533
-
-
withholding
2 507
11 349
-
-
total
13 554
15 882
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 784
38 227
38 484
42 702
After tax
53 216
59 773
59 516
55 298
Living cost
50 060
50 060
50 060
50 060
Free-cash
3 156
9 713
9 456
5 238

Estimated living cost  is ₽50060 per week

₽37552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38021
₽29009
₽40952
₽27223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 957
surtax
-
-
-
2 416
unemployment
-
-
-
210
pensions
-
-
-
19 599
other
-
-
-
-
income
-
-
-
19 119
total
-
-
-
48 301
Employee
31 022
-
80 958
-
pensions
2 070
-
5 400
-
other
-
-
-
-
income
5 201
-
17 766
-
unemployment
2 159
-
5 634
-
health
792
-
2 064
-
surtax
110
-
2 183
-
total
10 332
-
33 047
-
Employer
31 022
-
80 958
-
health
1 411
-
3 683
-
other
-
-
-
-
unemployment
984
-
2 566
-
pensions
4 136
-
10 791
-
total
6 531
-
17 040
-
Corporate
60 448
98 000
-
-
income
15 717
25 480
-
-
total
15 717
25 480
-
-
Dividends
44 731
72 520
-
-
withholding
6 709
10 878
-
-
total
6 709
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 289
36 358
50 087
48 301
After tax
58 711
61 642
47 913
49 699
Living cost
20 690
20 690
20 690
20 690
Free-cash
38 021
40 952
27 223
29 009

Estimated living cost  is ₽20690 per week

₽12492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24653
₽24691
₽26698
₽20052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 229
regional
-
-
-
1 478
social contributions
-
-
-
25 206
municipal
-
-
-
582
total
-
-
-
48 495
Employee
51 098
-
98 000
-
social contributions
17 231
-
33 046
-
national
8 095
-
18 250
-
regional
688
-
1 319
-
municipal
271
-
519
-
total
26 285
-
53 134
-
Employer
51 098
-
98 000
-
total
-
-
-
-
Corporate
46 902
98 000
-
-
nationa
11 256
23 520
-
-
municipal
2 330
4 870
-
-
total
13 586
28 390
-
-
Dividends
33 316
69 609
-
-
withholding
8 662
18 098
-
-
total
8 662
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 533
46 488
53 134
48 495
After tax
49 467
51 512
44 866
49 505
Living cost
24 814
24 814
24 814
24 814
Free-cash
24 653
26 698
20 052
24 691

Estimated living cost  is ₽24814 per week

₽15432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29211
₽19530
₽39272
₽21530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 230
solidarity contribution
-
-
-
-
income
-
-
-
8 423
social contributions
-
-
-
28 616
total
-
-
-
50 269
Employee
41 472
-
73 134
-
income
4 977
-
8 776
-
social contributions
2 696
-
4 754
-
health
5 599
-
9 873
-
solidarity contribution
-
-
-
-
total
13 272
-
23 403
-
Employer
41 472
-
73 134
-
health
3 732
-
6 582
-
social contributions
10 368
-
18 284
-
total
14 100
-
24 866
-
Corporate
42 427
98 000
-
-
income
8 061
18 620
-
-
total
8 061
18 620
-
-
Dividends
34 366
79 380
-
-
withholding
5 155
11 907
-
-
total
5 155
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 588
30 527
48 269
50 269
After tax
57 412
67 473
49 731
47 731
Living cost
28 201
28 201
28 201
28 201
Free-cash
29 211
39 272
21 530
19 530

Estimated living cost  is ₽28201 per week

₽20972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25090
₽19932
₽25549
-₽380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 498
surtax
-
-
-
-
chamber of commerce
-
-
-
392
unemployment
-
-
-
5 650
pensions
-
-
-
18 129
income
-
-
-
17 011
total
-
-
-
48 680
Employee
40 267
36 710
76 098
-
pensions
4 124
3 758
7 793
-
other
402
367
760
-
income
3 587
2 708
15 159
-
unemployment
1 208
1 101
2 283
-
health
1 558
1 421
2 946
-
total
10 879
9 355
28 941
-
Employer
40 267
36 710
76 098
-
health
1 523
1 388
2 877
-
chamber of commerce
161
147
304
-
accident
523
477
989
-
payroll
1 208
1 101
2 283
-
surtax
-
-
-
-
other
1 912
1 743
3 615
-
unemployment
1 208
1 101
2 283
-
pensions
5 054
4 608
9 550
-
total
11 589
10 565
21 901
-
Corporate
46 145
50 725
72 602
-
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.

11 536
12 681
18 150
-
total
11 536
12 681
18 150
-
Dividends
34 610
38 044
-
-
withholding
9 518
10 462
-
-
total
9 518
10 462
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 522
43 063
68 992
48 680
After tax
54 478
54 937
29 008
49 320
Living cost
29 388
29 388
29 388
29 388
Free-cash
25 090
25 549
-380
19 932

Estimated living cost  is ₽29388 per week

₽17629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77939
₽84253
₽80333
₽65633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 959
-
98 000
-
income
3 192
-
19 600
-
total
3 192
-
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%.

82 041
98 000
-
-
total
-
-
-
-
Dividends
82 041
98 000
-
-
withholding
4 102
4 900
-
-
total
4 102
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 294
4 900
19 600
980
After tax
90 706
93 100
78 400
97 020
Living cost
12 767
12 767
12 767
12 767
Free-cash
77 939
80 333
65 633
84 253

Estimated living cost  is ₽12767 per week

₽8640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35060
₽25738
₽42765
₽22926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 642
unemployment
-
-
-
147
pensions
-
-
-
17 897
income
-
-
-
19 868
total
-
-
-
47 554
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.

40 734
-
84 797
-
pensions
6 314
-
13 144
-
income
7 025
-
18 421
-
unemployment
58
-
119
-
health
2 631
-
5 478
-
total
16 028
-
37 162
-
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.

40 734
-
84 797
-
health
2 713
-
5 648
-
unemployment
24
-
51
-
pensions
3 605
-
7 505
-
total
6 342
-
13 204
-
Corporate
50 924
98 000
-
-
income
9 676
18 621
-
-
total
9 676
18 621
-
-
Dividends
41 248
79 379
-
-
withholding
6 186
11 906
-
-
total
6 186
11 906
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 232
30 527
50 366
47 554
After tax
59 768
67 473
47 634
50 446
Living cost
24 708
24 708
24 708
24 708
Free-cash
35 060
42 765
22 926
25 738

Estimated living cost  is ₽24708 per week

₽16956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57153
₽22827
₽14724
₽39412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 102
social contributions
-
-
-
11 172
total
-
-
-
30 274
Employee
64 379
-
-
-
income
14 201
-
-
-
social contributions
5 279
-
752
-
total
19 480
-
752
-
Employer
64 379
-
-
-
social contributions
90 774
-
12 937
-
total
90 774
-
12 937
-
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
110 254
38 377
13 689
30 274
After tax
-12 254
59 623
84 311
67 726
Living cost
44 899
44 899
44 899
44 899
Free-cash
-57 153
14 724
39 412
22 827

Estimated living cost  is ₽44899 per week

₽29132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25922
₽25631
₽26848
₽20282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
surtax
-
-
-
-
income
-
-
-
9 421
social contributions

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

-
-
-
34 054
total
-
-
-
43 475
Employee
42 366
-
79 192
-
income
8 812
-
21 305
-
social contributions
4 660
-
8 711
-
surtax
-
-
-
-
total
13 472
-
30 016
-
Employer
42 366
-
79 192
-
social contributions
10 062
-
18 808
-
total
10 062
-
18 808
-
Corporate
45 572
98 000
-
-
income
9 571
20 580
-
-
surtax
-
-
-
-
total
9 571
20 580
-
-
Dividends
36 001
77 420
-
-
withholding
10 079
21 678
-
-
total
10 079
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 184
42 258
48 824
43 475
After tax
54 816
55 742
49 176
54 525
Living cost
28 894
28 894
28 894
28 894
Free-cash
25 922
26 848
20 282
25 631

Estimated living cost  is ₽28894 per week

₽21619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1704
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.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11234
₽11772
₽4900
₽16437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 140
surtax
-
-
-
-
pensions
-
-
-
23 599
other
-
-
-
3 043
income
-
-
-
10 163
social contributions
-
-
-
2 792
total
-
-
-
41 737
Employee
57 694
-
79 292
-
pensions
6 526
-
3 979
-
income
5 034
-
12 124
-
social contributions
1 643
-
2 260
-
surtax
-
-
-
-
total
13 203
-
18 363
-
Employer
57 694
-
79 292
-
health
4 038
-
5 550
-
social contributions
173
-
238
-
other
1 991
-
2 736
-
unemployment
2 337
-
3 211
-
pensions
9 480
-
6 974
-
total
18 019
-
18 709
-
Corporate
22 287
98 000
-
-
income
6 241
27 440
-
-
surtax
-
-
-
-
total
6 241
27 440
-
-
Dividends
16 046
70 560
-
-
social contributions
2 758
12 137
-
-
withholding
2 054
9 032
-
-
surtax
-
-
-
-
total
4 812
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 275
48 609
37 072
41 737
After tax
55 725
49 391
60 928
56 263
Living cost
44 491
44 491
44 491
44 491
Free-cash
11 234
4 900
16 437
11 772

Estimated living cost  is ₽44491 per week

₽30111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57416
₽46701
₽60510
₽49303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 559
income
-
-
-
2 050
total
-
-
-
23 609
Employee
29 614
-
84 847
-
social contributions
1 925
-
5 515
-
income
-
-
2 339
-
total
1 925
-
7 854
-
Employer
29 614
-
84 847
-
social contributions
4 590
-
13 153
-
total
4 590
-
13 153
-
Corporate
63 795
98 000
-
-
income
6 379
9 800
-
-
total
6 379
9 800
-
-
Dividends
57 416
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 894
9 800
21 007
23 609
After tax
85 106
88 200
76 993
74 391
Living cost
27 690
27 690
27 690
27 690
Free-cash
57 416
60 510
49 303
46 701

Estimated living cost  is ₽27690 per week

₽17904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102368
₽16137
-₽102368
-₽102368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 486
pensions
-
-
-
797
labour market
-
-
-
7 776
municipal
-
-
-
18 514
total
-
-
-
37 573
Employee
186 935
186 935
186 935
-
pensions
266
266
266
-
labour market
14 934
14 934
14 934
-
national
22 838
22 838
22 838
-
municipal
39 807
39 807
39 807
-
total
77 845
77 845
77 845
-
Employer
186 935
186 935
186 935
-
national
22 877
22 877
22 877
-
municipal
39 870
39 870
39 870
-
labour market
14 955
14 955
14 955
-
pensions
531
531
531
-
total
78 233
78 233
78 233
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
156 078
156 078
156 078
37 573
After tax
-58 078
-58 078
-58 078
60 427
Living cost
44 290
44 290
44 290
44 290
Free-cash
-102 368
-102 368
-102 368
16 137

Estimated living cost  is ₽44290 per week

₽30312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽681
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4954
₽47751
-₽11520
₽31662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 958
accident
-
-
-
227
pensions
-
-
-
3 735
other
-
-
-
333
income
-
-
-
24 538
total
-
-
-
30 791
Employee
30 609
-
84 623
-
pensions
3 447
-
6 849
-
income
4 199
-
16 966
-
health
3 505
-
9 689
-
total
11 151
-
33 504
-
Employer
30 609
-
84 623
-
accident
511
-
1 413
-
unemployment
750
-
2 073
-
pensions
4 977
-
9 890
-
total
6 238
-
13 376
-
Corporate
61 153
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.

55 037
88 200
-
-
total
55 037
88 200
-
-
Dividends
6 115
9 800
-
-
withholding
1 162
1 862
-
-
total
1 162
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
73 588
90 062
46 880
30 791
After tax
24 412
7 938
51 120
67 209
Living cost
19 458
19 458
19 458
19 458
Free-cash
4 954
-11 520
31 662
47 751

Estimated living cost  is ₽19458 per week

₽14163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27952
₽33566
₽29345
₽20075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 124
national
-
-
-
10 507
municipal
-
-
-
17 437
total
-
-
-
29 068
Employee
48 464
-
82 442
-
pensions
3 271
-
5 564
-
unemployment
727
-
1 236
-
health
362
-
885
-
national
801
-
5 858
-
municipal
7 938
-
13 457
-
total
13 099
-
27 000
-
Employer
48 464
-
82 442
-
health
372
-
635
-
accident
49
-
82
-
unemployment
315
-
537
-
pensions
8 408
-
14 305
-
total
9 144
-
15 559
-
Corporate
40 391
98 000
-
-
income
8 078
19 599
-
-
total
8 078
19 599
-
-
Dividends

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

24 235
58 800
-
-
national
-
3 105
-
-
municipal
4 361
10 585
-
-
total
4 361
13 690
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 682
33 289
42 559
29 068
After tax
63 318
64 711
55 441
68 932
Living cost
35 366
35 366
35 366
35 366
Free-cash
27 952
29 345
20 075
33 566

Estimated living cost  is ₽35366 per week

₽23101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45361
₽47658
₽50375
₽47293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 500
income
-
-
-
11 611
social contributions
-
-
-
14 904
total
-
-
-
29 015
Employee
70 833
70 833
88 969
-
income
7 713
6 557
11 453
-
social contributions
2 678
5 879
7 384
-
health
549
1 204
1 512
-
total
10 940
13 640
20 349
-
Employer
70 833
70 833
88 969
-
health
596
1 311
1 647
-
social contributions
2 678
5 879
7 384
-
total
3 274
7 190
9 031
-
Corporate
62 459
19 977
-
-
income
7 807
2 496
-
-
total
7 807
2 496
-
-
Dividends
54 652
17 481
-
-
withholding
9 291
2 972
-
-
total
9 291
2 972
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 312
26 298
29 380
29 015
After tax
66 688
71 702
68 620
68 985
Living cost
21 327
21 327
21 327
21 327
Free-cash
45 361
50 375
47 293
47 658

Estimated living cost  is ₽21327 per week

₽12782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61842
₽64715
₽66529
₽46239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 334
unemployment
-
-
-
26
pensions
-
-
-
5 860
income
-
-
-
9 440
total
-
-
-
18 660
Employee

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

21 144
-
88 997
-
pensions
3 171
-
13 111
-
income
1 446
-
7 157
-
unemployment
105
-
437
-
health
1 797
-
7 429
-
total
6 519
-
28 134
-
Employer

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

21 144
-
88 997
-
health
909
-
3 758
-
unemployment
105
-
437
-
pensions
1 162
-
4 807
-
total
2 176
-
9 002
-
Corporate
74 680
98 000
-
-
income
6 721
8 821
-
-
total
6 721
8 821
-
-
Dividends
67 958
89 179
-
-
withholding
6 117
8 025
-
-
total
6 117
8 025
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 533
16 846
37 136
18 660
After tax
76 467
81 154
60 864
79 340
Living cost
14 625
14 625
14 625
14 625
Free-cash
61 842
66 529
46 239
64 715

Estimated living cost  is ₽14625 per week

₽9331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35852
₽27786
₽40686
₽26024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
769
unemployment
-
-
-
598
pensions
-
-
-
24 162
other
-
-
-
86
income
-
-
-
19 268
total
-
-
-
44 883
Employee
34 061
-
74 310
-
pensions
1 601
-
3 493
-
other
33
-
75
-
income
6 567
-
18 235
-
unemployment
528
-
1 152
-
total
8 729
-
22 955
-
Employer
34 061
-
74 310
-
accident
675
-
1 472
-
other
273
-
594
-
unemployment
1 874
-
4 087
-
pensions
8 038
-
17 537
-
total
10 860
-
23 690
-
Corporate
53 080
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.

7 963
14 700
-
-
total
7 963
14 700
-
-
Dividends
45 118
83 300
-
-
withholding
9 265
17 283
-
-
total
9 265
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 817
31 983
46 645
44 883
After tax
61 183
66 017
51 355
53 117
Living cost
25 331
25 331
25 331
25 331
Free-cash
35 852
40 686
26 024
27 786

Estimated living cost  is ₽25331 per week

₽17098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
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.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59330
₽61215
₽59587
₽61105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
828
pensions
-
-
-
1 142
income
-
-
-
33 250
total
-
-
-
35 220
Employee
2 384
-
96 716
-
pensions
215
-
514
-
income
461
-
33 190
-
unemployment
24
-
57
-
health
119
-
285
-
total
819
-
34 046
-
Employer
2 384
-
96 716
-
health
227
-
542
-
unemployment
48
-
114
-
pensions
262
-
628
-
total
537
-
1 284
-
Corporate
95 079
98 000
-
-
income
20 917
21 560
-
-
total
20 917
21 560
-
-
Dividends
74 162
76 440
-
-
withholding
14 832
15 288
-
-
total
14 832
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 105
36 848
35 330
35 220
After tax
60 895
61 152
62 670
62 780
Living cost
1 565
1 565
1 565
1 565
Free-cash
59 330
59 587
61 105
61 215

Estimated living cost  is ₽1565 per week

₽930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50410
₽36717
₽54928
₽36718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
health
-
-
-
6 989
unemployment
-
-
-
1 018
pensions
-
-
-
17 641
income
-
-
-
19 758
total
-
-
-
45 406
Employee

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

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

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

23 942
-
85 855
-
pensions
3 352
-
9 499
-
income
3 300
-
19 758
-
unemployment
180
-
509
-
health
1 233
-
3 494
-
total
8 065
-
33 260
-
Employer

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

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

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

23 942
-
85 855
-
health
1 233
-
3 494
-
unemployment
180
-
509
-
pensions
2 873
-
8 142
-
total
4 286
-
12 145
-
Corporate
69 772
98 000
-
-
income
10 466
14 700
-
-
total
10 466
14 700
-
-
Dividends
59 306
83 300
-
-
withholding
8 896
12 495
-
-
total
8 896
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 713
27 195
45 405
45 406
After tax
66 287
70 805
52 595
52 594
Living cost
15 877
15 877
15 877
15 877
Free-cash
50 410
54 928
36 718
36 717

Estimated living cost  is ₽15877 per week

₽10690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30578
₽29691
₽30908
₽24342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
surtax
-
-
-
-
income
-
-
-
9 421
social contributions

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

-
-
-
34 054
total
-
-
-
43 475
Employee
35 752
-
79 192
-
income
6 986
-
21 305
-
social contributions
3 933
-
8 711
-
surtax
-
-
-
-
total
10 919
-
30 016
-
Employer
35 752
-
79 192
-
social contributions
8 490
-
18 808
-
total
8 490
-
18 808
-
Corporate
53 757
98 000
-
-
income
11 289
20 580
-
-
surtax
-
-
-
-
total
11 289
20 580
-
-
Dividends
42 468
77 420
-
-
withholding
11 890
21 678
-
-
total
11 890
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 588
42 258
48 824
43 475
After tax
55 412
55 742
49 176
54 525
Living cost
24 834
24 834
24 834
24 834
Free-cash
30 578
30 908
24 342
29 691

Estimated living cost  is ₽24834 per week

₽17589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26615
₽20743
₽33643
₽18981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
769
unemployment
-
-
-
598
pensions
-
-
-
24 162
other
-
-
-
86
income
-
-
-
19 268
total
-
-
-
44 883
Employee
44 488
-
74 310
-
pensions
2 091
-
3 493
-
other
44
-
75
-
income
9 292
-
18 235
-
unemployment
689
-
1 152
-
total
12 116
-
22 955
-
Employer
44 488
-
74 310
-
accident
881
-
1 472
-
other
357
-
594
-
unemployment
2 447
-
4 087
-
pensions
10 499
-
17 537
-
total
14 184
-
23 690
-
Corporate
39 328
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.

5 900
14 700
-
-
total
5 900
14 700
-
-
Dividends
33 428
83 300
-
-
withholding
6 811
17 283
-
-
total
6 811
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 011
31 983
46 645
44 883
After tax
58 989
66 017
51 355
53 117
Living cost
32 374
32 374
32 374
32 374
Free-cash
26 615
33 643
18 981
20 743

Estimated living cost  is ₽32374 per week

₽23249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62324
₽58857
₽67940
₽62006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 701
unemployment
-
-
-
129
pensions

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

-
-
-
4 763
income
-
-
-
14 700
total
-
-
-
23 293
Employee
20 988
-
91 685
-
pensions

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

1 843
-
2 826
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
income
2 099
-
9 168
-
health
966
-
1 481
-
total
5 139
-
13 829
-
Employer
20 988
-
91 685
-
health
1 448
-
2 221
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
unemployment
126
-
193
-
pensions

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

2 313
-
3 547
-
total
4 118
-
6 315
-
Corporate
72 894
98 000
-
-
income
7 289
9 800
-
-
total
7 289
9 800
-
-
Dividends
65 605
88 200
-
-
withholding
3 280
4 410
-
-
total
3 280
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 826
14 210
20 144
23 293
After tax
78 174
83 790
77 856
74 707
Living cost
15 850
15 850
15 850
15 850
Free-cash
62 324
67 940
62 006
58 857

Estimated living cost  is ₽15850 per week

₽10483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27029
₽25517
₽14977
₽33434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 293
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.

-
-
-
1 183
trade
-
-
-
7 917
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.

-
-
-
21 526
total
-
-
-
36 919
Employee

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

45 834
-
98 000
-
income

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

3 769
-
21 526
-
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.

6 293
-
6 293
-
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.

208
-
1 183
-
total
10 270
-
29 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 166
98 000
-
-
trade
7 485
14 063
-
-
income
7 824
14 700
-
-
surtax

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

430
808
-
-
chamber of commerce
217
283
-
-
total
15 956
29 854
-
-
Dividends
36 210
68 146
-
-
withholding
8 702
16 687
-
-
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.

479
918
-
-
total
9 181
17 605
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 407
47 459
29 002
36 919
After tax
62 593
50 541
68 998
61 081
Living cost
35 564
35 564
35 564
35 564
Free-cash
27 029
14 977
33 434
25 517

Estimated living cost  is ₽35564 per week

₽24533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3827
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.
₽6688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽18160
₽12712
₽16125
₽12712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 839
income
-
-
-
23 975
total
-
-
-
32 814
Employee
72 056
-
98 000
-
social contributions
5 986
-
8 839
-
income
13 597
-
23 975
-
total
19 583
-
32 814
-
Employer
72 056
-
98 000
-
total
-
-
-
-
Corporate
25 944
98 000
-
-
income
3 243
12 251
-
-
total
3 243
12 251
-
-
Dividends
22 702
85 749
-
-
withholding
4 540
17 150
-
-
total
4 540
17 150
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 366
29 401
32 814
32 814
After tax
70 634
68 599
65 186
65 186
Living cost
52 474
52 474
52 474
52 474
Free-cash
18 160
16 125
12 712
12 712

Estimated living cost  is ₽52474 per week

₽39921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28614
₽32462
₽25394
₽38628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 879
income
-
-
-
26 221
total
-
-
-
32 100
Employee
42 258
-
93 763
-
social contributions
4 234
-
4 237
-
income
4 585
-
17 460
-
total
8 819
-
21 697
-
Employer
42 258
-
93 763
-
social contributions
4 234
-
4 237
-
total
4 234
-
4 237
-
Corporate
51 509
98 000
-
-
income
18 028
34 301
-
-
total
18 028
34 301
-
-
Dividends
33 481
63 699
-
-
social contributions
4 867
4 867
-
-
total
4 867
4 867
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 948
39 168
25 934
32 100
After tax
62 052
58 832
72 066
65 900
Living cost
33 438
33 438
33 438
33 438
Free-cash
28 614
25 394
38 628
32 462

Estimated living cost  is ₽33438 per week

₽22026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32732
₽34882
₽36320
₽25966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
7 166
income
-
-
-
20 625
total
-
-
-
27 791
Employee
48 491
-
86 252
-
pensions
3 701
-
8 234
-
income
8 831
-
15 322
-
health
633
-
1 405
-
total
13 165
-
24 961
-
Employer
48 491
-
86 252
-
health
922
-
1 638
-
pensions
4 899
-
10 108
-
total
5 821
-
11 746
-
Corporate
43 688
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.

8 301
18 621
-
-
total
8 301
18 621
-
-
Dividends
35 387
79 379
-
-
withholding
2 654
7 732
-
-
total
2 654
7 732
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 941
26 353
36 707
27 791
After tax
68 059
71 647
61 293
70 209
Living cost
35 327
35 327
35 327
35 327
Free-cash
32 732
36 320
25 966
34 882

Estimated living cost  is ₽35327 per week

₽24234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3249
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.
₽7400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4658
₽45824
-₽13447
₽29735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
health
-
-
-
1 958
accident
-
-
-
227
pensions
-
-
-
3 735
other
-
-
-
333
income
-
-
-
24 538
total
-
-
-
30 791
Employee
33 639
-
84 623
-
pensions
3 788
-
6 849
-
income
4 615
-
16 966
-
health
3 851
-
9 689
-
total
12 254
-
33 504
-
Employer
33 639
-
84 623
-
accident
562
-
1 413
-
unemployment
824
-
2 073
-
pensions
5 469
-
9 890
-
total
6 855
-
13 376
-
Corporate
57 506
98 000
-
-
income

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

51 755
88 200
-
-
total
51 755
88 200
-
-
Dividends
5 751
9 800
-
-
withholding
1 093
1 862
-
-
total
1 093
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 957
90 062
46 880
30 791
After tax
26 043
7 938
51 120
67 209
Living cost
21 385
21 385
21 385
21 385
Free-cash
4 658
-13 447
29 735
45 824

Estimated living cost  is ₽21385 per week

₽15694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66382
₽43424
₽70027
₽50122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
7 252
unemployment
-
-
-
1 176
pensions
-
-
-
18 032
work injury
-
-
-
490
income
-
-
-
15 186
total
-
-
-
42 136
Employee

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

19 904
-
98 000
-
pensions
3 662
-
13 550
-
work injury
100
-
368
-
income
1 990
-
15 186
-
unemployment
239
-
884
-
health insurance
1 473
-
5 450
-
total
7 464
-
35 438
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 096
98 000
-
-
income

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

-
980
-
-
total
-
980
-
-
Dividends
78 096
97 020
-
-
withholding
11 714
14 553
-
-
total
11 714
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 178
15 533
35 438
42 136
After tax
78 822
82 467
62 562
55 864
Living cost
12 440
12 440
12 440
12 440
Free-cash
66 382
70 027
50 122
43 424

Estimated living cost  is ₽12440 per week

₽7707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10732
₽12201
₽14924
₽7720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 229
regional
-
-
-
2 011
social contributions
-
-
-
25 206
municipal
-
-
-
656
total
-
-
-
49 102
Employee
77 623
-
98 000
-
social contributions
26 174
-
33 046
-
national
13 118
-
18 250
-
regional
1 172
-
1 703
-
municipal
463
-
584
-
total
40 927
-
53 583
-
Employer
77 623
-
98 000
-
total
-
-
-
-
Corporate
20 377
98 000
-
-
nationa
4 891
23 520
-
-
municipal
982
4 723
-
-
total
5 873
28 243
-
-
Dividends
14 503
69 756
-
-
withholding
3 771
18 136
-
-
total
3 771
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 571
46 379
53 583
49 102
After tax
47 429
51 621
44 417
48 898
Living cost
36 697
36 697
36 697
36 697
Free-cash
10 732
14 924
7 720
12 201

Estimated living cost  is ₽36697 per week

₽25777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2524
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.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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