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
₽21219
₽40869
₽32280
₽31562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
21 257
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.

-
-
-
1 169
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.

-
-
-
6 387
trade
-
-
-
8 589
total
-
-
-
37 402
Employee

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

35 759
-
98 000
-
surtax

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

55
-
1 169
-
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.

999
-
21 257
-
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.

6 387
-
6 387
-
total
7 441
-
28 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 241
98 000
-
-
income
9 336
14 699
-
-
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.

513
809
-
-
chamber of commerce
231
282
-
-
trade
9 803
15 436
-
-
total
19 883
31 226
-
-
Dividends
42 359
66 774
-
-
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.

562
898
-
-
withholding
10 234
16 339
-
-
total
10 796
17 237
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 120
48 463
28 813
37 402
After tax
59 880
49 537
69 187
60 598
Living cost
28 318
28 318
28 318
28 318
Free-cash
31 562
21 219
40 869
32 280

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11080
₽9883
₽9115
₽10247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
1 053
municipal
-
-
-
10 198
national
-
-
-
15 802
pensions
-
-
-
11 760
total
-
-
-
38 813
Employee
77 622
-
84 720
-
municipal
9 588
-
10 577
-
pensions
3 105
-
3 389
-
national
14 857
-
16 390
-
total
27 550
-
30 356
-
Employer
77 622
-
84 720
-
pensions
6 210
-
6 778
-
social contributions
834
-
911
-
total
7 044
-
7 689
-
Corporate
8 211
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%.

1 642
19 600
-
-
total
1 642
19 600
-
-
Dividends
6 569
78 400
-
-
withholding
1 445
17 248
-
-
total
1 445
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 681
36 848
38 045
38 813
After tax
60 319
61 152
59 955
59 187
Living cost
50 072
50 072
50 072
50 072
Free-cash
10 247
11 080
9 883
9 115

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58949
₽35735
₽32814
₽51279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 229
surtax
-
-
-
-
social contributions

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

-
-
-
31 506
microenterprise
-
-
-
-
total
-
-
-
45 735
Employee
27 319
-
78 975
-
surtax
-
-
-
-
social contributions

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

3 006
-
8 687
-
income
4 863
-
15 102
-
total
7 869
-
23 789
-
Employer
27 319
-
78 975
-
social contributions

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

6 581
-
19 025
-
surtax
-
-
-
-
total
6 581
-
19 025
-
Corporate
64 100
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%.

12 820
19 600
-
-
total
12 820
19 600
-
-
Dividends

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

51 280
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 270
19 600
42 814
45 735
After tax
70 730
78 400
55 186
52 265
Living cost
19 451
19 451
19 451
19 451
Free-cash
51 279
58 949
35 735
32 814

Estimated living cost  is ₽19451 per week

₽12409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
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.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8360
₽9583
₽16434
₽2632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 988
health
-
-
-
11 458
pensions
-
-
-
10 954
total
-
-
-
42 400
Employee
79 840
79 840
83 396
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
13 068
-
health
12 254
10 423
10 626
-
total
39 693
34 445
34 648
-
Employer
79 840
79 840
83 396
-
health
5 550
5 550
5 796
-
pensions
5 557
5 557
5 805
-
unemployment
2 874
2 874
3 002
-
total
13 981
13 981
14 603
-
Corporate
5 159
4 180
-
-
income
1 033
836
-
-
total
1 033
836
-
-
Dividends
4 127
3 344
-
-
income
876
710
-
-
withholding
619
502
-
-
total
1 495
1 212
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 202
50 474
49 251
42 400
After tax
41 798
47 526
48 749
55 600
Living cost
39 166
39 166
39 166
39 166
Free-cash
2 632
8 360
9 583
16 434

Estimated living cost  is ₽39166 per week

₽27756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15463
₽14288
₽13779
₽14610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
22 021
national
-
-
-
-
pensions
-
-
-
9 013
total
-
-
-
46 176
Employee
54 210
-
74 570
-
municipal
16 165
-
22 237
-
national
-
-
-
-
total
16 165
-
22 237
-
Employer
54 210
-
74 570
-
health
3 334
-
4 586
-
pensions
5 860
-
8 061
-
accident
108
-
149
-
unemployment
1 431
-
1 969
-
other
6 299
-
8 665
-
total
17 032
-
23 430
-
Corporate
26 757
98 000
-
-
income
5 887
21 560
-
-
total
5 887
21 560
-
-
Dividends
20 871
76 440
-
-
withholding
6 261
22 932
-
-
total
6 261
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 345
44 492
45 667
46 176
After tax
52 655
53 508
52 333
51 824
Living cost
38 045
38 045
38 045
38 045
Free-cash
14 610
15 463
14 288
13 779

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12306
₽32459
₽23489
₽25441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
21 257
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.

-
-
-
1 169
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.

-
-
-
6 387
trade
-
-
-
8 970
total
-
-
-
37 783
Employee

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

47 412
-
98 000
-
surtax

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

224
-
1 169
-
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.

4 074
-
21 257
-
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.

6 387
-
6 387
-
total
10 685
-
28 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 588
98 000
-
-
income
7 588
14 699
-
-
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.

417
809
-
-
chamber of commerce
215
282
-
-
trade
8 321
16 120
-
-
total
16 541
31 910
-
-
Dividends
34 047
66 089
-
-
surtax

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

449
889
-
-
withholding
8 156
16 167
-
-
total
8 605
17 056
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 831
48 966
28 813
37 783
After tax
62 169
49 034
69 187
60 217
Living cost
36 728
36 728
36 728
36 728
Free-cash
25 441
12 306
32 459
23 489

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41384
₽38483
₽38693
₽37508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 355
social contributions
-
-
-
15 127
health
-
-
-
2 500
total
-
-
-
28 982
Employee
71 892
71 892
88 969
-
social contributions
3 493
5 967
7 384
-
income
7 549
6 655
11 266
-
health
715
1 222
1 512
-
total
11 757
13 844
20 162
-
Employer
71 892
71 892
88 969
-
health
779
1 331
1 646
-
social contributions
3 493
5 967
7 384
-
total
4 272
7 298
9 030
-
Corporate
51 645
18 811
-
-
income
6 456
2 351
-
-
total
6 456
2 351
-
-
Dividends
45 189
16 460
-
-
withholding
7 682
2 798
-
-
total
7 682
2 798
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 167
26 291
29 192
28 982
After tax
67 833
71 709
68 808
69 018
Living cost
30 325
30 325
30 325
30 325
Free-cash
37 508
41 384
38 483
38 693

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38118
₽39735
₽50814
₽38474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 981
unemployment
-
-
-
1 470
health
-
-
-
6 860
pensions
-
-
-
9 800
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.

24 648
9 809
82 008
-
unemployment
370
147
1 230
-
pensions
2 465
981
8 201
-
income
3 013
1 199
10 026
-
health
1 725
687
5 741
-
total
7 573
3 014
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.

24 648
9 809
82 008
-
pensions
4 806
1 913
15 992
-
total
4 806
1 913
15 992
-
Corporate
68 546
86 278
-
-
income
6 169
7 765
-
-
total
6 169
7 765
-
-
Dividends
62 377
78 513
-
-
social contributions
12 051
15 198
-
-
withholding
11 852
14 917
-
-
total
23 903
30 115
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 451
42 807
41 190
30 111
After tax
55 549
55 193
56 810
67 889
Living cost
17 075
17 075
17 075
17 075
Free-cash
38 474
38 118
39 735
50 814

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55818
₽33904
₽29944
₽50010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 133
health
-
-
-
12 741
pensions
-
-
-
19 600
total
-
-
-
45 474
Employee
26 523
-
73 244
-
unemployment
424
-
1 173
-
pensions
530
-
1 465
-
income
2 986
-
14 121
-
total
3 940
-
16 759
-
Employer
26 523
-
73 244
-
health
3 447
-
9 522
-
pensions
5 305
-
14 648
-
unemployment
213
-
585
-
total
8 965
-
24 755
-
Corporate
62 512
98 000
-
-
income
12 503
19 600
-
-
total
12 503
19 600
-
-
Dividends
50 009
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 408
19 600
41 514
45 474
After tax
72 592
78 400
56 486
52 526
Living cost
22 582
22 582
22 582
22 582
Free-cash
50 010
55 818
33 904
29 944

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12843
₽30047
₽46458
₽4750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
24 182
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
30 761
Employee
32 690
-
84 127
-
pensions
3 681
-
7 207
-
income
4 485
-
16 459
-
health
3 743
-
9 633
-
total
11 909
-
33 299
-
Employer
32 690
-
84 127
-
pensions
5 316
-
10 407
-
accident
546
-
1 405
-
unemployment
801
-
2 061
-
total
6 663
-
13 873
-
Corporate
58 648
98 000
-
-
income

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

52 783
88 200
-
-
total
52 783
88 200
-
-
Dividends
5 865
9 800
-
-
withholding
1 114
1 862
-
-
total
1 114
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 469
90 062
47 172
30 761
After tax
25 531
7 938
50 828
67 239
Living cost
20 781
20 781
20 781
20 781
Free-cash
4 750
-12 843
30 047
46 458

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85454
₽70754
₽89374
₽84021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
9 557
-
98 000
-
income
1 911
-
19 600
-
total
1 911
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 443
98 000
-
-
total
-
-
-
-
Dividends
88 443
98 000
-
-
withholding
4 422
4 900
-
-
total
4 422
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 333
4 900
19 600
980
After tax
91 667
93 100
78 400
97 020
Living cost
7 646
7 646
7 646
7 646
Free-cash
84 021
85 454
70 754
89 374

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47087
₽32231
₽28154
₽40775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 448
other
-
-
-
4 656
health
-
-
-
4 311
pensions

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

-
-
-
23 519
total
-
-
-
44 934
Employee
33 946
-
78 274
-
unemployment
339
-
782
-
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.

2 376
-
5 481
-
income
5 844
-
13 773
-
health
475
-
1 096
-
total
9 034
-
21 132
-
Employer
33 946
-
78 274
-
health
475
-
1 096
-
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.

5 772
-
13 307
-
accident
271
-
626
-
unemployment
339
-
782
-
other
1 698
-
3 914
-
total
8 555
-
19 725
-
Corporate
55 498
98 000
-
-
income
11 655
20 581
-
-
total
11 655
20 581
-
-
Dividends
43 844
77 419
-
-
withholding
3 069
5 420
-
-
total
3 069
5 420
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 313
26 001
40 857
44 934
After tax
65 687
71 999
57 143
53 066
Living cost
24 912
24 912
24 912
24 912
Free-cash
40 775
47 087
32 231
28 154

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9305
-₽661
₽8019
-₽1488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 119
pensions
-
-
-
7 022
total
-
-
-
28 141
Employee
87 494
-
86 209
-
pensions
8 441
-
8 286
-
income
15 772
-
15 330
-
health
1 442
-
1 415
-
total
25 655
-
25 031
-
Employer
87 494
-
86 209
-
health
1 662
-
1 637
-
pensions
10 331
-
10 153
-
total
11 993
-
11 790
-
Corporate
-
98 000
-
-
income

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

-
18 621
-
-
total
-
18 621
-
-
Dividends
-
79 379
-
-
withholding
-
8 234
-
-
total
-
8 234
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 648
26 855
36 821
28 141
After tax
60 352
71 145
61 179
69 859
Living cost
61 840
61 840
61 840
61 840
Free-cash
-1 488
9 305
-661
8 019

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71527
₽65438
₽62314
₽67181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 700
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
23 423
Employee
16 238
-
91 590
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
9 159
-
health
747
-
1 503
-
total
3 976
-
13 890
-
Employer
16 238
-
91 590
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
78 576
98 000
-
-
income
7 857
9 800
-
-
total
7 857
9 800
-
-
Dividends
70 719
88 200
-
-
withholding
3 536
4 410
-
-
total
3 536
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 556
14 210
20 299
23 423
After tax
79 444
83 790
77 701
74 577
Living cost
12 263
12 263
12 263
12 263
Free-cash
67 181
71 527
65 438
62 314

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4317
-₽3094
₽3757
-₽3855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 988
health
-
-
-
11 458
pensions
-
-
-
10 954
total
-
-
-
42 400
Employee
86 680
79 840
83 396
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
13 068
-
health
10 814
10 423
10 626
-
total
34 836
34 445
34 648
-
Employer
86 680
79 840
83 396
-
health
6 023
5 550
5 796
-
pensions
6 032
5 557
5 805
-
unemployment
3 121
2 874
3 002
-
total
15 176
13 981
14 603
-
Corporate
-
4 180
-
-
income
-
836
-
-
total
-
836
-
-
Dividends
-
3 344
-
-
income
-
710
-
-
withholding
-
502
-
-
total
-
1 212
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 012
50 474
49 251
42 400
After tax
47 988
47 526
48 749
55 600
Living cost
51 843
51 843
51 843
51 843
Free-cash
-3 855
-4 317
-3 094
3 757

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44237
₽26495
₽24495
₽35948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
34 171
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 221
-
4 754
-
income
4 100
-
8 776
-
health
4 613
-
9 873
-
total
10 934
-
23 403
-
Employer
34 171
-
73 134
-
health
3 075
-
6 582
-
social contributions
8 543
-
18 284
-
total
11 618
-
24 866
-
Corporate
52 212
98 000
-
-
income
9 920
18 620
-
-
total
9 920
18 620
-
-
Dividends
42 291
79 380
-
-
withholding
6 344
11 907
-
-
total
6 344
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 816
30 527
48 269
50 269
After tax
59 184
67 473
49 731
47 731
Living cost
23 236
23 236
23 236
23 236
Free-cash
35 948
44 237
26 495
24 495

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12836
₽5875
₽10539
₽7954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 089
municipal
-
-
-
582
national
-
-
-
21 133
total
-
-
-
48 010
Employee
83 091
-
98 000
-
municipal
440
-
520
-
national
14 398
-
18 154
-
regional
784
-
954
-
social contributions
28 018
-
33 046
-
total
43 640
-
52 674
-
Employer
83 091
-
98 000
-
total
-
-
-
-
Corporate
14 909
98 000
-
-
municipal
582
3 822
-
-
nationa
3 579
23 521
-
-
total
4 161
27 343
-
-
Dividends
10 748
70 658
-
-
withholding
2 794
18 370
-
-
total
2 794
18 370
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 595
45 713
52 674
48 010
After tax
47 405
52 287
45 326
49 990
Living cost
39 451
39 451
39 451
39 451
Free-cash
7 954
12 836
5 875
10 539

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41012
₽27423
₽29302
₽38101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 924
other
-
-
-
-
surtax
-
-
-
2 372
unemployment
-
-
-
213
health
-
-
-
6 958
pensions
-
-
-
19 600
total
-
-
-
48 067
Employee
30 918
-
80 957
-
other
-
-
-
-
unemployment
2 152
-
5 635
-
pensions
2 062
-
5 401
-
surtax
101
-
2 150
-
income
5 182
-
17 655
-
health
790
-
2 065
-
total
10 287
-
32 906
-
Employer
30 918
-
80 957
-
health
1 407
-
3 683
-
pensions
4 121
-
10 791
-
unemployment
979
-
2 566
-
other
-
-
-
-
total
6 507
-
17 040
-
Corporate
60 575
98 000
-
-
income
15 750
25 479
-
-
total
15 750
25 479
-
-
Dividends
44 825
72 521
-
-
withholding
6 724
10 878
-
-
total
6 724
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 268
36 357
49 946
48 067
After tax
58 732
61 643
48 054
49 933
Living cost
20 631
20 631
20 631
20 631
Free-cash
38 101
41 012
27 423
29 302

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28898
₽18932
₽27612
₽23902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 119
pensions
-
-
-
7 022
total
-
-
-
28 141
Employee
58 636
-
86 209
-
pensions
4 977
-
8 286
-
income
10 561
-
15 330
-
health
851
-
1 415
-
total
16 389
-
25 031
-
Employer
58 636
-
86 209
-
health
1 114
-
1 637
-
pensions
6 347
-
10 153
-
total
7 461
-
11 790
-
Corporate
31 903
98 000
-
-
income

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

6 062
18 621
-
-
total
6 062
18 621
-
-
Dividends
25 840
79 379
-
-
withholding
1 939
8 234
-
-
total
1 939
8 234
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 851
26 855
36 821
28 141
After tax
66 149
71 145
61 179
69 859
Living cost
42 247
42 247
42 247
42 247
Free-cash
23 902
28 898
18 932
27 612

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
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.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29473
₽2575
₽7464
₽2309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 959
regional
-
-
-
3 379
health
-
-
-
242
city
-
-
-
1 032
national
-
-
-
622
pensions
-
-
-
9 015
total
-
-
-
16 249
Employee
86 935
-
87 716
-
unemployment
-
-
-
-
pensions
7 304
-
7 369
-
national
411
-
421
-
regional
2 847
-
2 889
-
city
933
-
943
-
health
197
-
197
-
total
11 692
-
11 819
-
Employer
86 935
-
87 716
-
health
197
-
197
-
pensions
7 304
-
7 369
-
unemployment
-
-
-
-
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
-
1 753
-
total
9 239
-
9 319
-
Corporate
871
98 000
-
-
regional
185
20 726
-
-
national
74
8 330
-
-
total
259
29 056
-
-
Dividends
611
68 944
-
-
withholding
214
24 130
-
-
total
214
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 404
53 186
21 138
16 249
After tax
76 596
44 814
76 862
81 751
Living cost
74 287
74 287
74 287
74 287
Free-cash
2 309
-29 473
2 575
7 464

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
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.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5699
₽26357
₽17005
₽20861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
21 257
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.

-
-
-
1 169
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.

-
-
-
6 387
trade
-
-
-
9 352
total
-
-
-
38 165
Employee

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

56 188
-
98 000
-
surtax

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

364
-
1 169
-
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.

6 607
-
21 257
-
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.

6 387
-
6 387
-
total
13 358
-
28 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 812
98 000
-
-
income
6 272
14 699
-
-
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.

344
809
-
-
chamber of commerce
200
280
-
-
trade
7 171
16 807
-
-
total
13 987
32 595
-
-
Dividends
27 824
65 404
-
-
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.

364
880
-
-
withholding
6 600
15 996
-
-
total
6 964
16 876
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 309
49 471
28 813
38 165
After tax
63 691
48 529
69 187
59 835
Living cost
42 830
42 830
42 830
42 830
Free-cash
20 861
5 699
26 357
17 005

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17403
₽29172
₽24315
₽22930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 971
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 791
health
-
-
-
2 063
pensions
-
-
-
23 830
total
-
-
-
41 698
Employee
40 014
-
79 360
-
pensions
4 524
-
3 925
-
surtax
-
-
-
-
social contributions
1 141
-
2 262
-
income
2 361
-
12 013
-
total
8 026
-
18 200
-
Employer
40 014
-
79 360
-
health
2 801
-
5 555
-
pensions
6 573
-
6 895
-
unemployment
1 620
-
3 215
-
social contributions
121
-
238
-
other
1 380
-
2 738
-
total
12 495
-
18 641
-
Corporate
45 491
98 000
-
-
income
12 737
27 440
-
-
surtax
-
-
-
-
total
12 737
27 440
-
-
Dividends
32 753
70 560
-
-
surtax
-
-
-
-
social contributions
5 633
12 137
-
-
withholding
4 192
9 033
-
-
total
9 825
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 083
48 610
36 841
41 698
After tax
54 917
49 390
61 159
56 302
Living cost
31 987
31 987
31 987
31 987
Free-cash
22 930
17 403
29 172
24 315

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20572
₽32341
₽27484
₽25768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 971
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 791
health
-
-
-
2 063
pensions
-
-
-
23 830
total
-
-
-
41 698
Employee
35 718
-
79 360
-
pensions
4 040
-
3 925
-
surtax
-
-
-
-
social contributions
1 018
-
2 262
-
income
1 842
-
12 013
-
total
6 900
-
18 200
-
Employer
35 718
-
79 360
-
health
2 500
-
5 555
-
pensions
5 869
-
6 895
-
unemployment
1 446
-
3 215
-
social contributions
106
-
238
-
other
1 233
-
2 738
-
total
11 154
-
18 641
-
Corporate
51 128
98 000
-
-
income
14 316
27 440
-
-
surtax
-
-
-
-
total
14 316
27 440
-
-
Dividends
36 812
70 560
-
-
surtax
-
-
-
-
social contributions
6 332
12 137
-
-
withholding
4 712
9 033
-
-
total
11 044
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 414
48 610
36 841
41 698
After tax
54 586
49 390
61 159
56 302
Living cost
28 818
28 818
28 818
28 818
Free-cash
25 768
20 572
32 341
27 484

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39964
₽43049
₽43111
₽40451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 699
social contributions
-
-
-
13 525
health
-
-
-
6 840
total
-
-
-
35 064
Employee
31 700
-
98 000
-
social contributions
4 375
-
13 525
-
income
5 287
-
14 761
-
health
2 212
-
6 840
-
total
11 874
-
35 126
-
Employer
31 700
-
98 000
-
total
-
-
-
-
Corporate
66 300
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%.

3 314
4 900
-
-
total
3 314
4 900
-
-
Dividends
62 986
93 100
-
-
social contributions
8 692
12 847
-
-
withholding
9 448
13 965
-
-
health
4 396
6 499
-
-
total
22 536
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 724
38 211
35 126
35 064
After tax
60 276
59 789
62 874
62 936
Living cost
19 825
19 825
19 825
19 825
Free-cash
40 451
39 964
43 049
43 111

Estimated living cost  is ₽19825 per week

₽13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21915
-₽3791
₽16306
₽20469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 811
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
392
health
-
-
-
7 498
pensions
-
-
-
18 131
total
-
-
-
48 751
Employee
46 724
37 258
75 955
-
other
467
373
759
-
unemployment
1 402
1 118
2 278
-
pensions
4 785
3 815
7 778
-
income
5 319
2 748
14 946
-
health
1 808
1 442
2 940
-
total
13 781
9 496
28 701
-
Employer
46 724
37 258
75 955
-
chamber of commerce
186
149
303
-
health
1 765
1 409
2 871
-
pensions
5 864
4 677
9 533
-
accident
607
484
988
-
unemployment
1 402
1 118
2 278
-
surtax
185
185
185
-
payroll
1 402
1 118
2 278
-
other
2 220
1 769
3 609
-
total
13 631
10 909
22 045
-
Corporate
37 647
49 834
72 407
-
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.

9 412
12 459
18 102
-
total
9 412
12 459
18 102
-
Dividends
28 235
37 375
-
-
withholding
7 764
10 278
-
-
total
7 764
10 278
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 588
43 142
68 848
48 751
After tax
53 412
54 858
29 152
49 249
Living cost
32 943
32 943
32 943
32 943
Free-cash
20 469
21 915
-3 791
16 306

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20858
₽3846
₽11390
₽6836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal

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

-
-
-
4 948
social contributions
-
-
-
15 531
national
-
-
-
32 042
total
-
-
-
52 521
Employee

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

66 876
-
75 904
-
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.

582
-
660
-
communal

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

3 488
-
3 958
-
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.

5 016
-
5 693
-
national
20 560
-
24 091
-
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.

3 142
-
3 568
-
total
32 788
-
37 970
-
Employer

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

66 876
-
75 904
-
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.

4 113
-
4 668
-
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.

5 926
-
6 724
-
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.

869
-
986
-
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.

976
-
1 109
-
surtax
7 583
-
8 608
-
total
19 467
-
22 095
-
Corporate
11 657
98 000
-
-
income
2 331
19 600
-
-
surtax
46
392
-
-
total
2 377
19 992
-
-
Dividends
9 280
78 008
-
-
withholding

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

2 443
23 061
-
-
total
2 443
23 061
-
-
Income
98 000
98 000
98 000
98 000
Total tax
57 075
43 053
60 065
52 521
After tax
40 925
54 947
37 935
45 479
Living cost
34 089
34 089
34 089
34 089
Free-cash
6 836
20 858
3 846
11 390

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32256
₽17706
₽19223
₽24807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
781
income
-
-
-
19 015
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
45 013
Employee
46 539
-
74 309
-
other
46
-
75
-
unemployment
722
-
1 151
-
pensions
2 188
-
3 492
-
income
9 819
-
18 123
-
total
12 775
-
22 841
-
Employer
46 539
-
74 309
-
pensions
10 982
-
17 536
-
accident
921
-
1 471
-
unemployment
2 560
-
4 088
-
other
371
-
594
-
total
14 834
-
23 689
-
Corporate
36 627
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.

5 495
14 699
-
-
total
5 495
14 699
-
-
Dividends
31 132
83 301
-
-
withholding
6 325
17 281
-
-
total
6 325
17 281
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 429
31 980
46 530
45 013
After tax
58 571
66 020
51 470
52 987
Living cost
33 764
33 764
33 764
33 764
Free-cash
24 807
32 256
17 706
19 223

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9022
₽8942
₽4682
₽2436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal
-
-
-
6 194
accident
-
-
-
827
income
-
-
-
9 056
surtax
-
-
-
4 858
health
-
-
-
6 886
pensions
-
-
-
14 689
total
-
-
-
42 510
Employee
70 802
-
87 539
-
pensions
5 663
-
7 003
-
surtax
4 340
-
5 365
-
income
6 839
-
11 525
-
health
3 151
-
3 896
-
total
19 993
-
27 789
-
Employer
70 802
-
87 539
-
health
2 159
-
2 670
-
pensions
5 663
-
7 003
-
accident
637
-
788
-
total
8 459
-
10 461
-
Corporate
18 739
98 000
-
-
communal
-
6 614
-
-
income
2 810
14 699
-
-
surtax
197
1 029
-
-
total
3 007
22 342
-
-
Dividends
15 732
75 657
-
-
income
10 937
4 480
-
-
withholding
2 360
11 348
-
-
total
13 297
15 828
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 756
38 170
38 250
42 510
After tax
53 244
59 830
59 750
55 490
Living cost
50 808
50 808
50 808
50 808
Free-cash
2 436
9 022
8 942
4 682

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
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.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40643
₽27054
₽28933
₽37667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 924
other
-
-
-
-
surtax
-
-
-
2 372
unemployment
-
-
-
213
health
-
-
-
6 958
pensions
-
-
-
19 600
total
-
-
-
48 067
Employee
31 485
-
80 957
-
other
-
-
-
-
unemployment
2 191
-
5 635
-
pensions
2 101
-
5 401
-
surtax
112
-
2 150
-
income
5 278
-
17 655
-
health
804
-
2 065
-
total
10 486
-
32 906
-
Employer
31 485
-
80 957
-
health
1 432
-
3 683
-
pensions
4 198
-
10 791
-
unemployment
999
-
2 566
-
other
-
-
-
-
total
6 629
-
17 040
-
Corporate
59 886
98 000
-
-
income
15 570
25 479
-
-
total
15 570
25 479
-
-
Dividends
44 316
72 521
-
-
withholding
6 648
10 878
-
-
total
6 648
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 333
36 357
49 946
48 067
After tax
58 667
61 643
48 054
49 933
Living cost
21 000
21 000
21 000
21 000
Free-cash
37 667
40 643
27 054
28 933

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26325
₽19776
₽24417
₽24251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 477
municipal
-
-
-
582
national
-
-
-
21 133
total
-
-
-
48 398
Employee
51 862
-
98 000
-
municipal
275
-
520
-
national
8 216
-
18 154
-
regional
698
-
1 319
-
social contributions
17 488
-
33 046
-
total
26 677
-
53 039
-
Employer
51 862
-
98 000
-
total
-
-
-
-
Corporate
46 138
98 000
-
-
municipal
2 292
4 870
-
-
nationa
11 073
23 521
-
-
total
13 365
28 391
-
-
Dividends
32 773
69 609
-
-
withholding
8 522
18 099
-
-
total
8 522
18 099
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 564
46 490
53 039
48 398
After tax
49 436
51 510
44 961
49 602
Living cost
25 185
25 185
25 185
25 185
Free-cash
24 251
26 325
19 776
24 417

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38840
₽21098
₽19098
₽28624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
42 107
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 737
-
4 754
-
income
5 053
-
8 776
-
health
5 684
-
9 873
-
total
13 474
-
23 403
-
Employer
42 107
-
73 134
-
health
3 790
-
6 582
-
social contributions
10 527
-
18 284
-
total
14 317
-
24 866
-
Corporate
41 577
98 000
-
-
income
7 900
18 620
-
-
total
7 900
18 620
-
-
Dividends
33 677
79 380
-
-
withholding
5 052
11 907
-
-
total
5 052
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 743
30 527
48 269
50 269
After tax
57 257
67 473
49 731
47 731
Living cost
28 633
28 633
28 633
28 633
Free-cash
28 624
38 840
21 098
19 098

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25130
-₽643
₽19606
₽24671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 811
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
392
health
-
-
-
7 498
pensions
-
-
-
18 131
total
-
-
-
48 566
Employee
40 869
37 258
76 096
-
other
408
373
761
-
unemployment
1 226
1 118
2 283
-
pensions
4 185
3 815
7 792
-
income
3 641
2 748
14 994
-
health
1 581
1 442
2 945
-
total
11 041
9 496
28 775
-
Employer
40 869
37 258
76 096
-
chamber of commerce
163
149
305
-
health
1 545
1 409
2 876
-
pensions
5 129
4 677
9 551
-
accident
530
484
990
-
unemployment
1 226
1 118
2 283
-
surtax
-
-
-
-
payroll
1 226
1 118
2 283
-
other
1 941
1 769
3 616
-
total
11 760
10 724
21 904
-
Corporate
45 370
50 018
72 547
-
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.

11 343
12 505
18 136
-
total
11 343
12 505
18 136
-
Dividends
34 028
37 514
-
-
withholding
9 357
10 317
-
-
total
9 357
10 317
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 501
43 042
68 815
48 566
After tax
54 499
54 958
29 185
49 434
Living cost
29 828
29 828
29 828
29 828
Free-cash
24 671
25 130
-643
19 606

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽81185
₽66485
₽85105
₽78951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
14 894
-
98 000
-
income
2 979
-
19 600
-
total
2 979
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 106
98 000
-
-
total
-
-
-
-
Dividends
83 106
98 000
-
-
withholding
4 155
4 900
-
-
total
4 155
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 134
4 900
19 600
980
After tax
90 866
93 100
78 400
97 020
Living cost
11 915
11 915
11 915
11 915
Free-cash
78 951
81 185
66 485
85 105

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42396
₽22620
₽25430
₽34575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 807
unemployment
-
-
-
147
health
-
-
-
9 643
pensions
-
-
-
17 896
total
-
-
-
47 493
Employee

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

41 343
-
84 796
-
unemployment
59
-
119
-
pensions
6 408
-
13 143
-
income
7 130
-
18 359
-
health
2 670
-
5 479
-
total
16 267
-
37 100
-
Employer

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

41 343
-
84 796
-
health
2 754
-
5 647
-
pensions
3 658
-
7 505
-
unemployment
25
-
51
-
total
6 437
-
13 203
-
Corporate
50 220
98 000
-
-
income
9 542
18 620
-
-
total
9 542
18 620
-
-
Dividends
40 678
79 380
-
-
withholding
6 102
11 907
-
-
total
6 102
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 348
30 527
50 303
47 493
After tax
59 652
67 473
47 697
50 507
Living cost
25 077
25 077
25 077
25 077
Free-cash
34 575
42 396
22 620
25 430

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19376
₽45482
₽27479
-₽41077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
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
98 830
38 377
12 271
30 274
After tax
-830
59 623
85 729
67 726
Living cost
40 247
40 247
40 247
40 247
Free-cash
-41 077
19 376
45 482
27 479

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26416
₽20007
₽25264
₽25476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 356
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 410
Employee
43 000
-
79 192
-
surtax
-
-
-
-
social contributions
4 730
-
8 711
-
income
8 944
-
21 148
-
total
13 674
-
29 859
-
Employer
43 000
-
79 192
-
social contributions
10 212
-
18 808
-
total
10 212
-
18 808
-
Corporate
44 788
98 000
-
-
income
9 405
20 581
-
-
surtax
-
-
-
-
total
9 405
20 581
-
-
Dividends
35 383
77 419
-
-
withholding
9 907
21 677
-
-
total
9 907
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 198
42 258
48 667
43 410
After tax
54 802
55 742
49 333
54 590
Living cost
29 326
29 326
29 326
29 326
Free-cash
25 476
26 416
20 007
25 264

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4234
₽16003
₽11146
₽10660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 971
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 791
health
-
-
-
2 063
pensions
-
-
-
23 830
total
-
-
-
41 698
Employee
58 557
-
79 360
-
pensions
6 623
-
3 925
-
surtax
-
-
-
-
social contributions
1 668
-
2 262
-
income
5 109
-
12 013
-
total
13 400
-
18 200
-
Employer
58 557
-
79 360
-
health
4 098
-
5 555
-
pensions
9 622
-
6 895
-
unemployment
2 372
-
3 215
-
social contributions
176
-
238
-
other
2 021
-
2 738
-
total
18 289
-
18 641
-
Corporate
21 155
98 000
-
-
income
5 924
27 440
-
-
surtax
-
-
-
-
total
5 924
27 440
-
-
Dividends
15 231
70 560
-
-
surtax
-
-
-
-
social contributions
2 621
12 137
-
-
withholding
1 950
9 033
-
-
total
4 571
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 184
48 610
36 841
41 698
After tax
55 816
49 390
61 159
56 302
Living cost
45 156
45 156
45 156
45 156
Free-cash
10 660
4 234
16 003
11 146

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60095
₽48973
₽46370
₽56955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 966
social contributions
-
-
-
21 560
total
-
-
-
23 526
Employee
30 057
-
84 848
-
income
-
-
2 255
-
social contributions
1 953
-
5 516
-
total
1 953
-
7 771
-
Employer
30 057
-
84 848
-
social contributions
4 659
-
13 152
-
total
4 659
-
13 152
-
Corporate
63 284
98 000
-
-
income
6 329
9 801
-
-
total
6 329
9 801
-
-
Dividends
56 955
88 199
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 941
9 801
20 923
23 526
After tax
85 059
88 199
77 077
74 474
Living cost
28 104
28 104
28 104
28 104
Free-cash
56 955
60 095
48 973
46 370

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽105501
-₽105501
₽15531
-₽105501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
labour market
-
-
-
7 775
municipal
-
-
-
18 438
national
-
-
-
10 464
pensions
-
-
-
810
total
-
-
-
37 487
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
158 519
158 519
158 519
37 487
After tax
-60 519
-60 519
-60 519
60 513
Living cost
44 982
44 982
44 982
44 982
Free-cash
-105 501
-105 501
-105 501
15 531

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12537
₽30353
₽46764
₽4796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
24 182
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
30 761
Employee
32 208
-
84 127
-
pensions
3 627
-
7 207
-
income
4 419
-
16 459
-
health
3 688
-
9 633
-
total
11 734
-
33 299
-
Employer
32 208
-
84 127
-
pensions
5 237
-
10 407
-
accident
538
-
1 405
-
unemployment
789
-
2 061
-
total
6 564
-
13 873
-
Corporate
59 228
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.

53 305
88 200
-
-
total
53 305
88 200
-
-
Dividends
5 923
9 800
-
-
withholding
1 126
1 862
-
-
total
1 126
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 729
90 062
47 172
30 761
After tax
25 271
7 938
50 828
67 239
Living cost
20 475
20 475
20 475
20 475
Free-cash
4 796
-12 537
30 353
46 764

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28922
₽19654
₽33189
₽27354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 120
municipal
-
-
-
17 439
national
-
-
-
10 357
total
-
-
-
28 916
Employee
49 189
-
82 444
-
municipal
8 057
-
13 457
-
unemployment
738
-
1 237
-
pensions
3 320
-
5 566
-
national
813
-
5 754
-
health
367
-
880
-
total
13 295
-
26 894
-
Employer
49 189
-
82 444
-
health
378
-
635
-
pensions
8 534
-
14 304
-
accident
50
-
82
-
unemployment
319
-
536
-
total
9 281
-
15 557
-
Corporate
39 530
98 000
-
-
income
7 906
19 600
-
-
total
7 906
19 600
-
-
Dividends

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

23 718
58 800
-
-
municipal
4 269
10 583
-
-
national
-
3 000
-
-
total
4 269
13 583
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 751
33 183
42 451
28 916
After tax
63 249
64 817
55 549
69 084
Living cost
35 895
35 895
35 895
35 895
Free-cash
27 354
28 922
19 654
33 189

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50063
₽47162
₽47372
₽44975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 355
social contributions
-
-
-
15 127
health
-
-
-
2 500
total
-
-
-
28 982
Employee
71 892
71 892
88 969
-
social contributions
2 718
5 967
7 384
-
income
7 828
6 655
11 266
-
health
557
1 222
1 512
-
total
11 103
13 844
20 162
-
Employer
71 892
71 892
88 969
-
health
605
1 331
1 646
-
social contributions
2 718
5 967
7 384
-
total
3 323
7 298
9 030
-
Corporate
61 928
18 811
-
-
income
7 741
2 351
-
-
total
7 741
2 351
-
-
Dividends
54 187
16 460
-
-
withholding
9 212
2 798
-
-
total
9 212
2 798
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 379
26 291
29 192
28 982
After tax
66 621
71 709
68 808
69 018
Living cost
21 646
21 646
21 646
21 646
Free-cash
44 975
50 063
47 162
47 372

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
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.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66309
₽45625
₽64380
₽61554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 419
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
18 776
Employee

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

21 460
-
88 863
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
7 102
-
health
1 824
-
7 540
-
total
6 615
-
28 393
-
Employer

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

21 460
-
88 863
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
74 331
98 000
-
-
income
6 691
8 820
-
-
total
6 691
8 820
-
-
Dividends
67 641
89 180
-
-
withholding
6 087
8 027
-
-
total
6 087
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 602
16 847
37 531
18 776
After tax
76 398
81 153
60 469
79 224
Living cost
14 844
14 844
14 844
14 844
Free-cash
61 554
66 309
45 625
64 380

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
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.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40310
₽25760
₽27277
₽35403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
781
income
-
-
-
19 015
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
45 013
Employee
34 570
-
74 309
-
other
34
-
75
-
unemployment
536
-
1 151
-
pensions
1 625
-
3 492
-
income
6 665
-
18 123
-
total
8 860
-
22 841
-
Employer
34 570
-
74 309
-
pensions
8 158
-
17 536
-
accident
685
-
1 471
-
unemployment
1 902
-
4 088
-
other
277
-
594
-
total
11 022
-
23 689
-
Corporate
52 409
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.

7 862
14 699
-
-
total
7 862
14 699
-
-
Dividends
44 547
83 301
-
-
withholding
9 143
17 281
-
-
total
9 143
17 281
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 887
31 980
46 530
45 013
After tax
61 113
66 020
51 470
52 987
Living cost
25 710
25 710
25 710
25 710
Free-cash
35 403
40 310
25 760
27 277

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59322
₽60665
₽60795
₽59021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 072
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
35 375
Employee
2 788
-
96 498
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
33 002
-
health
139
-
334
-
total
957
-
34 004
-
Employer
2 788
-
96 498
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
94 585
98 000
-
-
income
20 809
21 560
-
-
total
20 809
21 560
-
-
Dividends
73 776
76 440
-
-
withholding
14 755
15 288
-
-
total
14 755
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 149
36 848
35 505
35 375
After tax
60 851
61 152
62 495
62 625
Living cost
1 830
1 830
1 830
1 830
Free-cash
59 021
59 322
60 665
60 795

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54629
₽36210
₽36209
₽50028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 485
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
45 615
Employee

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

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

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

24 392
-
85 627
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
19 485
-
health
1 256
-
3 560
-
total
8 216
-
33 241
-
Employer

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

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

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

24 392
-
85 627
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
69 242
98 000
-
-
income
10 386
14 700
-
-
total
10 386
14 700
-
-
Dividends
58 855
83 300
-
-
withholding
8 828
12 495
-
-
total
8 828
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 796
27 195
45 614
45 615
After tax
66 204
70 805
52 386
52 385
Living cost
16 176
16 176
16 176
16 176
Free-cash
50 028
54 629
36 210
36 209

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30537
₽24128
₽29385
₽30200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 356
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 410
Employee
36 287
-
79 192
-
surtax
-
-
-
-
social contributions
3 992
-
8 711
-
income
7 090
-
21 148
-
total
11 082
-
29 859
-
Employer
36 287
-
79 192
-
social contributions
8 617
-
18 808
-
total
8 617
-
18 808
-
Corporate
53 096
98 000
-
-
income
11 151
20 581
-
-
surtax
-
-
-
-
total
11 151
20 581
-
-
Dividends
41 945
77 419
-
-
withholding
11 745
21 677
-
-
total
11 745
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 595
42 258
48 667
43 410
After tax
55 405
55 742
49 333
54 590
Living cost
25 205
25 205
25 205
25 205
Free-cash
30 200
30 537
24 128
29 385

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33162
₽18612
₽20129
₽26032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
781
income
-
-
-
19 015
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
45 013
Employee
45 153
-
74 309
-
other
44
-
75
-
unemployment
699
-
1 151
-
pensions
2 122
-
3 492
-
income
9 431
-
18 123
-
total
12 296
-
22 841
-
Employer
45 153
-
74 309
-
pensions
10 656
-
17 536
-
accident
894
-
1 471
-
unemployment
2 484
-
4 088
-
other
362
-
594
-
total
14 396
-
23 689
-
Corporate
38 451
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.

5 768
14 699
-
-
total
5 768
14 699
-
-
Dividends
32 683
83 301
-
-
withholding
6 650
17 281
-
-
total
6 650
17 281
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 110
31 980
46 530
45 013
After tax
58 890
66 020
51 470
52 987
Living cost
32 858
32 858
32 858
32 858
Free-cash
26 032
33 162
18 612
20 129

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67701
₽61612
₽58488
₽62001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 700
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
23 423
Employee
21 305
-
91 590
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
9 159
-
health
980
-
1 503
-
total
5 215
-
13 890
-
Employer
21 305
-
91 590
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
72 515
98 000
-
-
income
7 252
9 800
-
-
total
7 252
9 800
-
-
Dividends
65 263
88 200
-
-
withholding
3 263
4 410
-
-
total
3 263
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 910
14 210
20 299
23 423
After tax
78 090
83 790
77 701
74 577
Living cost
16 090
16 090
16 090
16 090
Free-cash
62 001
67 701
61 612
58 488

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14451
₽33092
₽25266
₽26682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
21 257
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.

-
-
-
1 169
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.

-
-
-
6 387
trade
-
-
-
7 826
total
-
-
-
36 639
Employee

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

46 519
-
98 000
-
surtax

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

211
-
1 169
-
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.

3 825
-
21 257
-
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.

6 387
-
6 387
-
total
10 423
-
28 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 481
98 000
-
-
income
7 721
14 699
-
-
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.

424
809
-
-
chamber of commerce
218
286
-
-
trade
7 388
14 062
-
-
total
15 751
29 856
-
-
Dividends
35 730
68 144
-
-
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.

472
917
-
-
withholding
8 577
16 681
-
-
total
9 049
17 598
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 223
47 454
28 813
36 639
After tax
62 777
50 546
69 187
61 361
Living cost
36 095
36 095
36 095
36 095
Free-cash
26 682
14 451
33 092
25 266

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15343
₽12185
₽12185
₽17406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 746
social contributions
-
-
-
8 811
total
-
-
-
32 557
Employee
73 133
-
98 000
-
income
13 800
-
23 746
-
social contributions
6 076
-
8 811
-
total
19 876
-
32 557
-
Employer
73 133
-
98 000
-
total
-
-
-
-
Corporate
24 867
98 000
-
-
income
3 108
12 249
-
-
total
3 108
12 249
-
-
Dividends
21 759
85 751
-
-
withholding
4 352
17 150
-
-
total
4 352
17 150
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 336
29 399
32 557
32 557
After tax
70 664
68 601
65 443
65 443
Living cost
53 258
53 258
53 258
53 258
Free-cash
17 406
15 343
12 185
12 185

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24822
₽38105
₽31699
₽28090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 000
income
-
-
-
26 613
health

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

-
-
-
5 750
total
-
-
-
32 363
Employee
42 889
-
93 699
-
income
4 654
-
17 355
-
social contributions
4 297
-
4 301
-
total
8 951
-
21 656
-
Employer
42 889
-
93 699
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
50 814
98 000
-
-
income
17 785
34 301
-
-
total
17 785
34 301
-
-
Dividends
33 029
63 699
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 972
39 240
25 957
32 363
After tax
62 028
58 760
72 043
65 637
Living cost
33 938
33 938
33 938
33 938
Free-cash
28 090
24 822
38 105
31 699

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36799
₽26833
₽35513
₽33865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 119
pensions
-
-
-
7 022
total
-
-
-
28 141
Employee
47 144
-
86 209
-
pensions
3 598
-
8 286
-
income
8 585
-
15 330
-
health
615
-
1 415
-
total
12 798
-
25 031
-
Employer
47 144
-
86 209
-
health
896
-
1 637
-
pensions
4 763
-
10 153
-
total
5 659
-
11 790
-
Corporate
45 197
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.

8 587
18 621
-
-
total
8 587
18 621
-
-
Dividends
36 609
79 379
-
-
withholding
2 745
8 234
-
-
total
2 745
8 234
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 789
26 855
36 821
28 141
After tax
68 211
71 145
61 179
69 859
Living cost
34 346
34 346
34 346
34 346
Free-cash
33 865
36 799
26 833
35 513

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14564
₽28326
₽44737
₽4487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
24 182
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
30 761
Employee
35 396
-
84 127
-
pensions
3 986
-
7 207
-
income
4 856
-
16 459
-
health
4 053
-
9 633
-
total
12 895
-
33 299
-
Employer
35 396
-
84 127
-
pensions
5 755
-
10 407
-
accident
591
-
1 405
-
unemployment
867
-
2 061
-
total
7 213
-
13 873
-
Corporate
55 391
98 000
-
-
income

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

49 851
88 200
-
-
total
49 851
88 200
-
-
Dividends
5 539
9 800
-
-
withholding
1 052
1 862
-
-
total
1 052
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 011
90 062
47 172
30 761
After tax
26 989
7 938
50 828
67 239
Living cost
22 502
22 502
22 502
22 502
Free-cash
4 487
-14 564
28 326
44 737

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽69853
₽49699
₽43284
₽66145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
98 000
income
-
-
-
15 152
unemployment
-
-
-
1 176
work injury
-
-
-
490
health insurance
-
-
-
7 252
pensions
-
-
-
18 032
total
-
-
-
42 102
Employee

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

20 183
-
98 000
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
15 152
-
total
7 568
-
35 687
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 817
98 000
-
-
income

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

-
980
-
-
total
-
980
-
-
Dividends
77 817
97 020
-
-
withholding
11 673
14 553
-
-
total
11 673
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 241
15 533
35 687
42 102
After tax
78 759
82 467
62 313
55 898
Living cost
12 614
12 614
12 614
12 614
Free-cash
66 145
69 853
49 699
43 284

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14374
₽7280
₽11762
₽10122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 998
municipal
-
-
-
655
national
-
-
-
21 133
total
-
-
-
48 992
Employee
78 783
-
98 000
-
municipal
470
-
584
-
national
13 314
-
18 154
-
regional
1 189
-
1 690
-
social contributions
26 565
-
33 046
-
total
41 538
-
53 474
-
Employer
78 783
-
98 000
-
total
-
-
-
-
Corporate
19 217
98 000
-
-
municipal
926
4 723
-
-
nationa
4 611
23 521
-
-
total
5 537
28 244
-
-
Dividends
13 679
69 756
-
-
withholding
3 557
18 136
-
-
total
3 557
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 632
46 380
53 474
48 992
After tax
47 368
51 620
44 526
49 008
Living cost
37 246
37 246
37 246
37 246
Free-cash
10 122
14 374
7 280
11 762

Estimated living cost  is ₽37246 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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