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
₽32133
₽22128
₽41363
₽32552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
8 811
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.

-
-
-
21 856
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.

-
-
-
6 180
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.

-
-
-
1 202
total
-
-
-
38 049
Employee

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

34 598
-
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.

53
-
1 202
-
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.

6 180
-
6 180
-
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.

966
-
21 856
-
total
7 199
-
29 238
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 402
98 000
-
-
trade
9 986
15 436
-
-
income
9 510
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.

524
809
-
-
chamber of commerce
228
278
-
-
total
20 248
31 222
-
-
Dividends
43 154
66 778
-
-
withholding
10 446
16 351
-
-
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.

575
900
-
-
total
11 021
17 251
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 468
48 473
29 238
38 049
After tax
59 532
49 527
68 762
59 951
Living cost
27 399
27 399
27 399
27 399
Free-cash
32 133
22 128
41 363
32 552

Estimated living cost  is ₽27399 per week

₽17235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14333
₽15099
₽13650
₽12881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 054
pensions
-
-
-
11 760
municipal
-
-
-
10 297
national
-
-
-
15 955
total
-
-
-
39 066
Employee
71 390
-
84 720
-
national
13 664
-
16 543
-
municipal
8 818
-
10 676
-
pensions
2 856
-
3 389
-
total
25 338
-
30 608
-
Employer
71 390
-
84 720
-
pensions
5 711
-
6 778
-
social contributions
767
-
911
-
total
6 478
-
7 689
-
Corporate
15 419
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%.

3 084
19 600
-
-
total
3 084
19 600
-
-
Dividends
12 336
78 400
-
-
withholding
2 714
17 248
-
-
total
2 714
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 614
36 848
38 297
39 066
After tax
60 386
61 152
59 703
58 934
Living cost
46 053
46 053
46 053
46 053
Free-cash
14 333
15 099
13 650
12 881

Estimated living cost  is ₽46053 per week

₽31302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽689
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52162
₽59581
₽36333
₽33411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
social contributions

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

-
-
-
31 507
income
-
-
-
14 263
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
45 770
Employee
26 432
-
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.

2 908
-
8 688
-
income
4 705
-
15 135
-
total
7 613
-
23 823
-
Employer
26 432
-
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.

6 367
-
19 025
-
surtax
-
-
-
-
total
6 367
-
19 025
-
Corporate
65 201
98 000
-
-
income

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

13 039
19 600
-
-
total
13 039
19 600
-
-
Dividends

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

52 161
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 019
19 600
42 848
45 770
After tax
70 981
78 400
55 152
52 230
Living cost
18 819
18 819
18 819
18 819
Free-cash
52 162
59 581
36 333
33 411

Estimated living cost  is ₽18819 per week

₽12006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4169
₽9711
₽11828
₽17802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 551
pensions
-
-
-
10 598
health
-
-
-
11 155
total
-
-
-
42 304
Employee
77 248
77 248
83 397
-
health
11 857
10 085
10 435
-
pensions
13 905
10 598
10 598
-
income

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

12 644
12 644
12 644
-
total
38 406
33 327
33 677
-
Employer
77 248
77 248
83 397
-
pensions
5 376
5 376
5 804
-
unemployment
2 781
2 781
3 002
-
health
5 370
5 370
5 795
-
total
13 527
13 527
14 601
-
Corporate
8 173
7 226
-
-
income
1 634
1 445
-
-
total
1 634
1 445
-
-
Dividends
6 539
5 780
-
-
withholding
980
867
-
-
income
1 390
1 229
-
-
total
2 370
2 096
-
-
Income
98 000
98 000
98 000
98 000
Total tax
55 937
50 395
48 278
42 304
After tax
42 063
47 605
49 722
55 696
Living cost
37 894
37 894
37 894
37 894
Free-cash
4 169
9 711
11 828
17 802

Estimated living cost  is ₽37894 per week

₽26855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽15518
₽16351
₽15176
₽15063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 463
unemployment
-
-
-
81
pensions
-
-
-
8 803
municipal
-
-
-
22 189
accident
-
-
-
163
national
-
-
-
-
health
-
-
-
5 081
total
-
-
-
45 780
Employee
52 945
-
74 570
-
national
-
-
-
-
municipal
15 788
-
22 237
-
total
15 788
-
22 237
-
Employer
52 945
-
74 570
-
other
6 152
-
8 665
-
accident
106
-
149
-
pensions
5 723
-
8 061
-
unemployment
1 398
-
1 969
-
health
3 256
-
4 586
-
total
16 635
-
23 430
-
Corporate
28 419
98 000
-
-
income
6 252
21 560
-
-
total
6 252
21 560
-
-
Dividends
22 167
76 440
-
-
withholding
6 650
22 932
-
-
total
6 650
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 325
44 492
45 667
45 780
After tax
52 675
53 508
52 333
52 220
Living cost
37 157
37 157
37 157
37 157
Free-cash
15 518
16 351
15 176
15 063

Estimated living cost  is ₽37157 per week

₽24626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26200
₽13489
₽33226
₽24023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
9 203
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.

-
-
-
21 856
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.

-
-
-
6 180
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.

-
-
-
1 202
total
-
-
-
38 441
Employee

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

45 873
-
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.

216
-
1 202
-
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.

6 180
-
6 180
-
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.

3 941
-
21 856
-
total
10 337
-
29 238
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 127
98 000
-
-
trade
8 574
16 121
-
-
income
7 819
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.

431
809
-
-
chamber of commerce
211
276
-
-
total
17 035
31 905
-
-
Dividends
35 091
66 095
-
-
withholding
8 429
16 181
-
-
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.

463
889
-
-
total
8 892
17 070
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 264
48 975
29 238
38 441
After tax
61 736
49 025
68 762
59 559
Living cost
35 536
35 536
35 536
35 536
Free-cash
26 200
13 489
33 226
24 023

Estimated living cost  is ₽35536 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38600
₽42351
₽39052
₽39608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 636
income
-
-
-
11 917
health
-
-
-
2 499
total
-
-
-
29 052
Employee
69 558
69 558
88 969
-
health
692
1 183
1 512
-
social contributions
3 380
5 773
7 385
-
income
7 304
6 439
11 680
-
total
11 376
13 395
20 577
-
Employer
69 558
69 558
88 969
-
social contributions
3 380
5 773
7 385
-
health
754
1 287
1 646
-
total
4 134
7 060
9 031
-
Corporate
53 150
21 382
-
-
income
6 643
2 673
-
-
total
6 643
2 673
-
-
Dividends
46 507
18 709
-
-
withholding
7 907
3 181
-
-
total
7 907
3 181
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 060
26 309
29 608
29 052
After tax
67 940
71 691
68 392
68 948
Living cost
29 340
29 340
29 340
29 340
Free-cash
38 600
42 351
39 052
39 608

Estimated living cost  is ₽29340 per week

₽20057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38629
₽38275
₽39897
₽50976
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 415
9 717
82 008
-
unemployment
366
146
1 230
-
health
1 709
680
5 741
-
pensions
2 441
972
8 201
-
income
2 985
1 188
10 026
-
total
7 501
2 986
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.

24 415
9 717
82 008
-
pensions
4 761
1 895
15 992
-
total
4 761
1 895
15 992
-
Corporate
68 825
86 389
-
-
income
6 194
7 775
-
-
total
6 194
7 775
-
-
Dividends
62 630
78 614
-
-
withholding
11 900
14 937
-
-
social contributions
12 102
15 219
-
-
total
24 002
30 156
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 458
42 812
41 190
30 111
After tax
55 542
55 188
56 810
67 889
Living cost
16 913
16 913
16 913
16 913
Free-cash
38 629
38 275
39 897
50 976

Estimated living cost  is ₽16913 per week

₽11542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50933
₽56551
₽34637
₽30678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 132
pensions
-
-
-
19 600
health
-
-
-
12 741
total
-
-
-
45 473
Employee
25 662
-
73 243
-
unemployment
410
-
1 172
-
pensions
513
-
1 464
-
income
2 889
-
14 121
-
total
3 812
-
16 757
-
Employer
25 662
-
73 243
-
pensions
5 133
-
14 650
-
unemployment
206
-
585
-
health
3 335
-
9 522
-
total
8 674
-
24 757
-
Corporate
63 664
98 000
-
-
income
12 732
19 600
-
-
total
12 732
19 600
-
-
Dividends
50 932
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 218
19 600
41 514
45 473
After tax
72 782
78 400
56 486
52 527
Living cost
21 849
21 849
21 849
21 849
Free-cash
50 933
56 551
34 637
30 678

Estimated living cost  is ₽21849 per week

₽14986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4830
-₽12319
₽30720
₽46968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
24 362
pensions
-
-
-
3 831
accident
-
-
-
233
health
-
-
-
2 008
total
-
-
-
30 775
Employee
31 866
-
84 379
-
health
3 649
-
9 662
-
pensions
3 588
-
7 025
-
income
4 372
-
16 716
-
total
11 609
-
33 403
-
Employer
31 866
-
84 379
-
accident
532
-
1 409
-
pensions
5 182
-
10 144
-
unemployment
781
-
2 067
-
total
6 495
-
13 620
-
Corporate
59 640
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.

53 676
88 200
-
-
total
53 676
88 200
-
-
Dividends
5 964
9 800
-
-
withholding
1 133
1 862
-
-
total
1 133
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 913
90 062
47 023
30 775
After tax
25 087
7 938
50 977
67 225
Living cost
20 257
20 257
20 257
20 257
Free-cash
4 830
-12 319
30 720
46 968

Estimated living cost  is ₽20257 per week

₽14847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84269
₽85663
₽70963
₽89583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 296
-
98 000
-
income
1 859
-
19 600
-
total
1 859
-
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%.

88 704
98 000
-
-
total
-
-
-
-
Dividends
88 704
98 000
-
-
withholding
4 435
4 900
-
-
total
4 435
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 294
4 900
19 600
980
After tax
91 706
93 100
78 400
97 020
Living cost
7 437
7 437
7 437
7 437
Free-cash
84 269
85 663
70 963
89 583

Estimated living cost  is ₽7437 per week

₽4609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41788
₽47898
₽32913
₽28861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 655
income
-
-
-
12 550
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
health
-
-
-
4 312
total
-
-
-
45 036
Employee
32 844
-
78 274
-
unemployment
328
-
783
-
health
460
-
1 095
-
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.

2 299
-
5 479
-
income
5 655
-
13 901
-
total
8 742
-
21 258
-
Employer
32 844
-
78 274
-
other
1 643
-
3 914
-
accident
263
-
627
-
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.

5 584
-
13 307
-
unemployment
328
-
783
-
health
460
-
1 095
-
total
8 278
-
19 726
-
Corporate
56 878
98 000
-
-
income
11 944
20 580
-
-
total
11 944
20 580
-
-
Dividends
44 934
77 420
-
-
withholding
3 145
5 419
-
-
total
3 145
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 109
25 999
40 984
45 036
After tax
65 891
72 001
57 016
52 964
Living cost
24 103
24 103
24 103
24 103
Free-cash
41 788
47 898
32 913
28 861

Estimated living cost  is ₽24103 per week

₽17031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1587
₽10910
₽945
₽9817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 746
pensions
-
-
-
6 838
total
-
-
-
28 584
Employee
84 324
-
86 154
-
health
1 390
-
1 427
-
pensions
8 135
-
8 355
-
income
15 200
-
15 828
-
total
24 725
-
25 610
-
Employer
84 324
-
86 154
-
pensions
9 956
-
10 209
-
health
1 601
-
1 637
-
total
11 557
-
11 846
-
Corporate
2 118
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.

402
18 619
-
-
total
402
18 619
-
-
Dividends
1 716
79 381
-
-
withholding
130
8 872
-
-
total
130
8 872
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 814
27 491
37 456
28 584
After tax
61 186
70 509
60 544
69 416
Living cost
59 599
59 599
59 599
59 599
Free-cash
1 587
10 910
945
9 817

Estimated living cost  is ₽59599 per week

₽44659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67728
₽71931
₽66186
₽63006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
126
income
-
-
-
14 700
pensions

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

-
-
-
4 676
health
-
-
-
3 633
total
-
-
-
23 135
Employee
15 703
-
91 802
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
health
722
-
1 453
-
pensions

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

1 379
-
2 774
-
income
1 570
-
9 181
-
total
3 844
-
13 756
-
Employer
15 703
-
91 802
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
pensions

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

1 731
-
3 481
-
unemployment
94
-
190
-
health
1 084
-
2 180
-
total
3 082
-
6 199
-
Corporate
79 216
98 000
-
-
income
7 922
9 800
-
-
total
7 922
9 800
-
-
Dividends
71 294
88 200
-
-
withholding
3 565
4 410
-
-
total
3 565
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 413
14 210
19 955
23 135
After tax
79 587
83 790
78 045
74 865
Living cost
11 859
11 859
11 859
11 859
Free-cash
67 728
71 931
66 186
63 006

Estimated living cost  is ₽11859 per week

₽6923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽549
-₽2555
-₽438
₽5536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 551
pensions
-
-
-
10 598
health
-
-
-
11 155
total
-
-
-
42 304
Employee
83 866
77 248
83 397
-
health
10 463
10 085
10 435
-
pensions
10 598
10 598
10 598
-
income

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

12 644
12 644
12 644
-
total
33 705
33 327
33 677
-
Employer
83 866
77 248
83 397
-
pensions
5 836
5 376
5 804
-
unemployment
3 020
2 781
3 002
-
health
5 828
5 370
5 795
-
total
14 684
13 527
14 601
-
Corporate
-
7 226
-
-
income
-
1 445
-
-
total
-
1 445
-
-
Dividends
-
5 780
-
-
withholding
-
867
-
-
income
-
1 229
-
-
total
-
2 096
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 389
50 395
48 278
42 304
After tax
49 611
47 605
49 722
55 696
Living cost
50 160
50 160
50 160
50 160
Free-cash
-549
-2 555
-438
5 536

Estimated living cost  is ₽50160 per week

₽37002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36873
₽44919
₽27177
₽25177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
33 168
-
73 134
-
solidarity contribution
-
-
-
-
health
4 478
-
9 873
-
social contributions
2 156
-
4 754
-
income
3 980
-
8 776
-
total
10 614
-
23 403
-
Employer
33 168
-
73 134
-
social contributions
8 292
-
18 284
-
health
2 985
-
6 582
-
total
11 277
-
24 866
-
Corporate
53 555
98 000
-
-
income
10 175
18 620
-
-
total
10 175
18 620
-
-
Dividends
43 379
79 380
-
-
withholding
6 507
11 907
-
-
total
6 507
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 573
30 527
48 269
50 269
After tax
59 427
67 473
49 731
47 731
Living cost
22 554
22 554
22 554
22 554
Free-cash
36 873
44 919
27 177
25 177

Estimated living cost  is ₽22554 per week

₽15666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9392
₽14119
₽6940
₽11604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 095
social contributions
-
-
-
25 205
municipal
-
-
-
582
national
-
-
-
21 344
total
-
-
-
48 226
Employee
80 394
-
98 000
-
national
13 930
-
18 366
-
regional
759
-
959
-
municipal
426
-
520
-
social contributions
27 109
-
33 045
-
total
42 224
-
52 890
-
Employer
80 394
-
98 000
-
total
-
-
-
-
Corporate
17 606
98 000
-
-
nationa
4 226
23 519
-
-
municipal
687
3 821
-
-
total
4 913
27 340
-
-
Dividends
12 693
70 660
-
-
withholding
3 301
18 371
-
-
total
3 301
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 438
45 711
52 890
48 226
After tax
47 562
52 289
45 110
49 774
Living cost
38 170
38 170
38 170
38 170
Free-cash
9 392
14 119
6 940
11 604

Estimated living cost  is ₽38170 per week

₽26607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38865
₽41681
₽27778
₽29455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
19 353
pensions
-
-
-
19 600
health
-
-
-
6 957
surtax
-
-
-
2 468
total
-
-
-
48 584
Employee
29 914
-
80 957
-
surtax
98
-
2 223
-
unemployment
2 082
-
5 634
-
other
-
-
-
-
health
764
-
2 065
-
pensions
1 995
-
5 400
-
income
5 014
-
17 897
-
total
9 953
-
33 219
-
Employer
29 914
-
80 957
-
other
-
-
-
-
pensions
3 988
-
10 792
-
unemployment
948
-
2 566
-
health
1 361
-
3 684
-
total
6 297
-
17 042
-
Corporate
61 789
98 000
-
-
income
16 066
25 480
-
-
total
16 066
25 480
-
-
Dividends
45 724
72 520
-
-
withholding
6 858
10 878
-
-
total
6 858
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 174
36 358
50 261
48 584
After tax
58 826
61 642
47 739
49 416
Living cost
19 961
19 961
19 961
19 961
Free-cash
38 865
41 681
27 778
29 455

Estimated living cost  is ₽19961 per week

₽12205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25697
₽29792
₽19827
₽28699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 746
pensions
-
-
-
6 838
total
-
-
-
28 584
Employee
56 512
-
86 154
-
health
820
-
1 427
-
pensions
4 797
-
8 355
-
income
10 178
-
15 828
-
total
15 795
-
25 610
-
Employer
56 512
-
86 154
-
pensions
6 117
-
10 209
-
health
1 074
-
1 637
-
total
7 191
-
11 846
-
Corporate
34 297
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.

6 516
18 619
-
-
total
6 516
18 619
-
-
Dividends
27 781
79 381
-
-
withholding
2 084
8 872
-
-
total
2 084
8 872
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 586
27 491
37 456
28 584
After tax
66 414
70 509
60 544
69 416
Living cost
40 717
40 717
40 717
40 717
Free-cash
25 697
29 792
19 827
28 699

Estimated living cost  is ₽40717 per week

₽30505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4006
-₽26507
₽5401
₽10260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 960
city
-
-
-
1 033
regional
-
-
-
3 488
pensions
-
-
-
9 016
national
-
-
-
689
health
-
-
-
233
total
-
-
-
16 419
Employee
83 463
-
87 715
-
national
395
-
487
-
unemployment
-
-
-
-
city
896
-
942
-
regional
2 733
-
2 964
-
health
189
-
198
-
pensions
7 012
-
7 367
-
total
11 225
-
11 958
-
Employer
83 463
-
87 715
-
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.

1 669
-
1 755
-
pensions
7 012
-
7 367
-
unemployment
-
-
-
-
health
189
-
198
-
total
8 870
-
9 320
-
Corporate
4 749
98 000
-
-
regional
1 004
20 727
-
-
national
403
8 329
-
-
total
1 407
29 056
-
-
Dividends
3 343
68 944
-
-
withholding
1 171
24 130
-
-
total
1 171
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
22 673
53 186
21 278
16 419
After tax
75 327
44 814
76 722
81 581
Living cost
71 321
71 321
71 321
71 321
Free-cash
4 006
-26 507
5 401
10 260

Estimated living cost  is ₽71321 per week

₽46379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽876
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21749
₽7081
₽27323
₽17729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
9 594
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.

-
-
-
21 856
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.

-
-
-
6 180
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.

-
-
-
1 202
total
-
-
-
38 832
Employee

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

54 364
-
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.

352
-
1 202
-
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.

6 180
-
6 180
-
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.

6 393
-
21 856
-
total
12 925
-
29 238
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 636
98 000
-
-
trade
7 484
16 807
-
-
income
6 545
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.

360
809
-
-
chamber of commerce
199
275
-
-
total
14 588
32 590
-
-
Dividends
29 047
65 410
-
-
withholding
6 918
16 009
-
-
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.

381
881
-
-
total
7 299
16 890
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 812
49 480
29 238
38 832
After tax
63 188
48 520
68 762
59 168
Living cost
41 439
41 439
41 439
41 439
Free-cash
21 749
7 081
27 323
17 729

Estimated living cost  is ₽41439 per week

₽30266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23785
₽18442
₽29678
₽25273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 038
social contributions
-
-
-
2 791
income
-
-
-
10 400
pensions
-
-
-
23 321
health
-
-
-
2 228
surtax
-
-
-
-
total
-
-
-
41 778
Employee
38 715
-
79 169
-
surtax
-
-
-
-
pensions
4 377
-
4 037
-
social contributions
1 104
-
2 256
-
income
2 285
-
12 249
-
total
7 766
-
18 542
-
Employer
38 715
-
79 169
-
other
1 336
-
2 731
-
pensions
6 360
-
7 064
-
unemployment
1 567
-
3 207
-
social contributions
117
-
237
-
health
2 711
-
5 592
-
total
12 091
-
18 831
-
Corporate
47 195
98 000
-
-
income
13 214
27 440
-
-
surtax
-
-
-
-
total
13 214
27 440
-
-
Dividends
33 981
70 560
-
-
withholding
4 350
9 031
-
-
social contributions
5 845
12 138
-
-
surtax
-
-
-
-
total
10 195
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 266
48 609
37 373
41 778
After tax
54 734
49 391
60 627
56 222
Living cost
30 949
30 949
30 949
30 949
Free-cash
23 785
18 442
29 678
25 273

Estimated living cost  is ₽30949 per week

₽19514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26534
₽21509
₽32745
₽28340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 038
social contributions
-
-
-
2 791
income
-
-
-
10 400
pensions
-
-
-
23 321
health
-
-
-
2 228
surtax
-
-
-
-
total
-
-
-
41 778
Employee
34 558
-
79 169
-
surtax
-
-
-
-
pensions
3 909
-
4 037
-
social contributions
985
-
2 256
-
income
1 782
-
12 249
-
total
6 676
-
18 542
-
Employer
34 558
-
79 169
-
other
1 193
-
2 731
-
pensions
5 679
-
7 064
-
unemployment
1 399
-
3 207
-
social contributions
103
-
237
-
health
2 419
-
5 592
-
total
10 793
-
18 831
-
Corporate
52 649
98 000
-
-
income
14 742
27 440
-
-
surtax
-
-
-
-
total
14 742
27 440
-
-
Dividends
37 907
70 560
-
-
withholding
4 853
9 031
-
-
social contributions
6 520
12 138
-
-
surtax
-
-
-
-
total
11 373
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 584
48 609
37 373
41 778
After tax
54 416
49 391
60 627
56 222
Living cost
27 882
27 882
27 882
27 882
Free-cash
26 534
21 509
32 745
28 340

Estimated living cost  is ₽27882 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41077
₽40609
₽43536
₽43756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
13 523
income
-
-
-
14 699
health
-
-
-
6 841
total
-
-
-
35 063
Employee
30 671
-
98 000
-
health
2 141
-
6 841
-
social contributions
4 233
-
13 523
-
income
5 116
-
14 919
-
total
11 490
-
35 283
-
Employer
30 671
-
98 000
-
total
-
-
-
-
Corporate
67 329
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%.

3 366
4 899
-
-
total
3 366
4 899
-
-
Dividends
63 963
93 101
-
-
health
4 465
6 499
-
-
withholding
9 594
13 965
-
-
social contributions
8 827
12 847
-
-
total
22 886
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 742
38 210
35 283
35 063
After tax
60 258
59 790
62 717
62 937
Living cost
19 181
19 181
19 181
19 181
Free-cash
41 077
40 609
43 536
43 756

Estimated living cost  is ₽19181 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21538
₽22937
-₽3109
₽17131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
391
unemployment
-
-
-
5 548
income
-
-
-
17 252
pensions
-
-
-
18 129
health
-
-
-
7 496
surtax
-
-
-
179
total
-
-
-
48 995
Employee
45 207
36 049
75 957
-
unemployment
1 356
1 081
2 278
-
other
451
360
759
-
health
1 749
1 396
2 939
-
pensions
4 630
3 691
7 778
-
income
5 146
2 659
15 310
-
total
13 332
9 187
29 064
-
Employer
45 207
36 049
75 957
-
payroll
1 356
1 081
2 278
-
other
2 147
1 711
3 608
-
accident
587
469
987
-
pensions
5 673
4 525
9 532
-
unemployment
1 356
1 081
2 278
-
chamber of commerce
180
144
304
-
surtax
179
179
179
-
health
1 708
1 363
2 872
-
total
13 186
10 553
22 038
-
Corporate
39 606
51 397
72 529
-
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.

9 901
12 849
18 133
-
total
9 901
12 849
18 133
-
Dividends
29 705
38 549
-
-
withholding
8 169
10 600
-
-
total
8 169
10 600
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 588
43 189
69 235
48 995
After tax
53 412
54 811
28 765
49 005
Living cost
31 874
31 874
31 874
31 874
Free-cash
21 538
22 937
-3 109
17 131

Estimated living cost  is ₽31874 per week

₽21259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8387
₽21954
₽4769
₽12125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
15 695
national
-
-
-
32 259
communal

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

-
-
-
4 939
total
-
-
-
52 893
Employee

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

64 705
-
75 904
-
national
19 893
-
24 274
-
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.

563
-
661
-
health

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

3 040
-
3 567
-
pensions

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

4 853
-
5 692
-
communal

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

3 375
-
3 959
-
total
31 724
-
38 153
-
Employer

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

64 705
-
75 904
-
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.

841
-
987
-
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.

5 733
-
6 726
-
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.

944
-
1 109
-
surtax
7 337
-
8 607
-
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.

3 979
-
4 667
-
total
18 834
-
22 096
-
Corporate
14 460
98 000
-
-
income
2 892
19 600
-
-
surtax
58
391
-
-
total
2 950
19 991
-
-
Dividends
11 509
78 008
-
-
withholding

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

3 123
23 073
-
-
total
3 123
23 073
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 631
43 064
60 249
52 893
After tax
41 369
54 936
37 751
45 107
Living cost
32 982
32 982
32 982
32 982
Free-cash
8 387
21 954
4 769
12 125

Estimated living cost  is ₽32982 per week

₽21245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26135
₽33347
₽18553
₽20605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
19 574
pensions
-
-
-
23 727
accident
-
-
-
755
total
-
-
-
44 727
Employee
45 028
-
74 309
-
unemployment
699
-
1 152
-
other
45
-
74
-
pensions
2 117
-
3 493
-
income
9 501
-
18 369
-
total
12 362
-
23 088
-
Employer
45 028
-
74 309
-
other
359
-
596
-
accident
891
-
1 471
-
pensions
10 626
-
17 537
-
unemployment
2 477
-
4 087
-
total
14 353
-
23 691
-
Corporate
38 620
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.

5 794
14 699
-
-
total
5 794
14 699
-
-
Dividends
32 826
83 301
-
-
withholding
6 688
17 286
-
-
total
6 688
17 286
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 197
31 985
46 779
44 727
After tax
58 803
66 015
51 221
53 273
Living cost
32 668
32 668
32 668
32 668
Free-cash
26 135
33 347
18 553
20 605

Estimated living cost  is ₽32668 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4028
₽10554
₽10048
₽5892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 497
pensions
-
-
-
14 689
accident
-
-
-
826
communal
-
-
-
6 194
health
-
-
-
6 885
surtax
-
-
-
4 858
total
-
-
-
42 949
Employee
68 503
-
87 539
-
surtax
4 199
-
5 364
-
health
3 049
-
3 895
-
pensions
5 479
-
7 004
-
income
6 617
-
12 069
-
total
19 344
-
28 332
-
Employer
68 503
-
87 539
-
accident
616
-
788
-
pensions
5 479
-
7 004
-
health
2 089
-
2 669
-
total
8 184
-
10 461
-
Corporate
21 312
98 000
-
-
income
3 196
14 699
-
-
communal
-
6 616
-
-
surtax
223
1 028
-
-
total
3 419
22 343
-
-
Dividends
17 893
75 657
-
-
withholding
2 683
11 349
-
-
income
11 183
4 595
-
-
total
13 866
15 944
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 813
38 287
38 793
42 949
After tax
53 187
59 713
59 207
55 051
Living cost
49 159
49 159
49 159
49 159
Free-cash
4 028
10 554
10 048
5 892

Estimated living cost  is ₽49159 per week

₽36876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38448
₽41324
₽27421
₽29098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
19 353
pensions
-
-
-
19 600
health
-
-
-
6 957
surtax
-
-
-
2 468
total
-
-
-
48 584
Employee
30 463
-
80 957
-
surtax
108
-
2 223
-
unemployment
2 120
-
5 634
-
other
-
-
-
-
health
778
-
2 065
-
pensions
2 032
-
5 400
-
income
5 107
-
17 897
-
total
10 145
-
33 219
-
Employer
30 463
-
80 957
-
other
-
-
-
-
pensions
4 062
-
10 792
-
unemployment
966
-
2 566
-
health
1 385
-
3 684
-
total
6 413
-
17 042
-
Corporate
61 124
98 000
-
-
income
15 892
25 480
-
-
total
15 892
25 480
-
-
Dividends
45 231
72 520
-
-
withholding
6 784
10 878
-
-
total
6 784
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 234
36 358
50 261
48 584
After tax
58 766
61 642
47 739
49 416
Living cost
20 318
20 318
20 318
20 318
Free-cash
38 448
41 324
27 421
29 098

Estimated living cost  is ₽20318 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25134
₽27146
₽20383
₽25025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 477
social contributions
-
-
-
25 205
municipal
-
-
-
582
national
-
-
-
21 344
total
-
-
-
48 608
Employee
50 178
-
98 000
-
national
7 950
-
18 366
-
regional
675
-
1 319
-
municipal
266
-
520
-
social contributions
16 921
-
33 045
-
total
25 812
-
53 250
-
Employer
50 178
-
98 000
-
total
-
-
-
-
Corporate
47 822
98 000
-
-
nationa
11 477
23 519
-
-
municipal
2 378
4 870
-
-
total
13 855
28 389
-
-
Dividends
33 967
69 611
-
-
withholding
8 832
18 098
-
-
total
8 832
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 499
46 487
53 250
48 608
After tax
49 501
51 513
44 750
49 392
Living cost
24 367
24 367
24 367
24 367
Free-cash
25 134
27 146
20 383
25 025

Estimated living cost  is ₽24367 per week

₽15154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29764
₽39680
₽21938
₽19938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
40 872
-
73 134
-
solidarity contribution
-
-
-
-
health
5 518
-
9 873
-
social contributions
2 657
-
4 754
-
income
4 905
-
8 776
-
total
13 080
-
23 403
-
Employer
40 872
-
73 134
-
social contributions
10 218
-
18 284
-
health
3 678
-
6 582
-
total
13 896
-
24 866
-
Corporate
43 232
98 000
-
-
income
8 214
18 620
-
-
total
8 214
18 620
-
-
Dividends
35 018
79 380
-
-
withholding
5 253
11 907
-
-
total
5 253
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 443
30 527
48 269
50 269
After tax
57 557
67 473
49 731
47 731
Living cost
27 793
27 793
27 793
27 793
Free-cash
29 764
39 680
21 938
19 938

Estimated living cost  is ₽27793 per week

₽20668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1540
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25600
₽26049
-₽67
₽20325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
391
unemployment
-
-
-
5 548
income
-
-
-
17 252
pensions
-
-
-
18 129
health
-
-
-
7 496
surtax
-
-
-
-
total
-
-
-
48 816
Employee
39 542
36 049
76 098
-
unemployment
1 186
1 081
2 283
-
other
395
360
760
-
health
1 530
1 396
2 946
-
pensions
4 049
3 691
7 792
-
income
3 522
2 659
15 359
-
total
10 682
9 187
29 140
-
Employer
39 542
36 049
76 098
-
payroll
1 186
1 081
2 283
-
other
1 878
1 711
3 615
-
accident
513
469
989
-
pensions
4 963
4 525
9 550
-
unemployment
1 186
1 081
2 283
-
chamber of commerce
158
144
304
-
surtax
-
-
-
-
health
1 495
1 363
2 877
-
total
11 379
10 374
21 901
-
Corporate
47 079
51 576
72 666
-
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.

11 769
12 893
18 167
-
total
11 769
12 893
18 167
-
Dividends
35 310
38 682
-
-
withholding
9 711
10 638
-
-
total
9 711
10 638
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 541
43 092
69 208
48 816
After tax
54 459
54 908
28 792
49 184
Living cost
28 859
28 859
28 859
28 859
Free-cash
25 600
26 049
-67
20 325

Estimated living cost  is ₽28859 per week

₽17312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79338
₽81511
₽66811
₽85431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 486
-
98 000
-
income
2 897
-
19 600
-
total
2 897
-
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%.

83 514
98 000
-
-
total
-
-
-
-
Dividends
83 514
98 000
-
-
withholding
4 176
4 900
-
-
total
4 176
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 073
4 900
19 600
980
After tax
90 927
93 100
78 400
97 020
Living cost
11 589
11 589
11 589
11 589
Free-cash
79 338
81 511
66 811
85 431

Estimated living cost  is ₽11589 per week

₽7842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35644
₽43211
₽23303
₽26108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
148
income
-
-
-
19 940
pensions
-
-
-
17 897
health
-
-
-
9 644
total
-
-
-
47 629
Employee

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

40 001
-
84 796
-
unemployment
57
-
118
-
health
2 584
-
5 478
-
pensions
6 200
-
13 144
-
income
6 898
-
18 492
-
total
15 739
-
37 232
-
Employer

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

40 001
-
84 796
-
pensions
3 540
-
7 505
-
unemployment
24
-
51
-
health
2 664
-
5 646
-
total
6 228
-
13 202
-
Corporate
51 771
98 000
-
-
income
9 836
18 620
-
-
total
9 836
18 620
-
-
Dividends
41 935
79 380
-
-
withholding
6 290
11 906
-
-
total
6 290
11 906
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 093
30 526
50 434
47 629
After tax
59 907
67 474
47 566
50 371
Living cost
24 263
24 263
24 263
24 263
Free-cash
35 644
43 211
23 303
26 108

Estimated living cost  is ₽24263 per week

₽16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36536
₽20690
₽47197
₽28793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
11 172
income
-
-
-
19 102
total
-
-
-
30 274
Employee
55 824
-
-
-
social contributions
4 578
-
652
-
income
12 314
-
-
-
total
16 892
-
652
-
Employer
55 824
-
-
-
social contributions
78 711
-
11 218
-
total
78 711
-
11 218
-
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
95 603
38 377
11 870
30 274
After tax
2 397
59 623
86 130
67 726
Living cost
38 933
38 933
38 933
38 933
Free-cash
-36 536
20 690
47 197
28 793

Estimated living cost  is ₽38933 per week

₽25261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26458
₽27369
₽20616
₽26072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
social contributions

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

-
-
-
34 054
income
-
-
-
9 500
surtax
-
-
-
-
total
-
-
-
43 554
Employee
41 604
-
79 191
-
surtax
-
-
-
-
social contributions
4 576
-
8 712
-
income
8 654
-
21 491
-
total
13 230
-
30 203
-
Employer
41 604
-
79 191
-
social contributions
9 881
-
18 807
-
total
9 881
-
18 807
-
Corporate
46 515
98 000
-
-
income
9 768
20 580
-
-
surtax
-
-
-
-
total
9 768
20 580
-
-
Dividends
36 748
77 420
-
-
withholding
10 289
21 677
-
-
total
10 289
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 168
42 257
49 010
43 554
After tax
54 832
55 743
48 990
54 446
Living cost
28 374
28 374
28 374
28 374
Free-cash
26 458
27 369
20 616
26 072

Estimated living cost  is ₽28374 per week

₽21229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11918
₽5701
₽16937
₽12532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 038
social contributions
-
-
-
2 791
income
-
-
-
10 400
pensions
-
-
-
23 321
health
-
-
-
2 228
surtax
-
-
-
-
total
-
-
-
41 778
Employee
56 656
-
79 169
-
surtax
-
-
-
-
pensions
6 408
-
4 037
-
social contributions
1 614
-
2 256
-
income
4 943
-
12 249
-
total
12 965
-
18 542
-
Employer
56 656
-
79 169
-
other
1 955
-
2 731
-
pensions
9 309
-
7 064
-
unemployment
2 295
-
3 207
-
social contributions
170
-
237
-
health
3 965
-
5 592
-
total
17 694
-
18 831
-
Corporate
23 650
98 000
-
-
income
6 623
27 440
-
-
surtax
-
-
-
-
total
6 623
27 440
-
-
Dividends
17 027
70 560
-
-
withholding
2 180
9 031
-
-
social contributions
2 930
12 138
-
-
surtax
-
-
-
-
total
5 110
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 392
48 609
37 373
41 778
After tax
55 608
49 391
60 627
56 222
Living cost
43 690
43 690
43 690
43 690
Free-cash
11 918
5 701
16 937
12 532

Estimated living cost  is ₽43690 per week

₽29569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57970
₽61009
₽49702
₽47097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
2 151
social contributions
-
-
-
21 561
total
-
-
-
23 712
Employee
29 081
-
84 849
-
social contributions
1 890
-
5 515
-
income
-
-
2 441
-
total
1 890
-
7 956
-
Employer
29 081
-
84 849
-
social contributions
4 508
-
13 151
-
total
4 508
-
13 151
-
Corporate
64 411
98 000
-
-
income
6 441
9 800
-
-
total
6 441
9 800
-
-
Dividends
57 970
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 839
9 800
21 107
23 712
After tax
85 161
88 200
76 893
74 288
Living cost
27 191
27 191
27 191
27 191
Free-cash
57 970
61 009
49 702
47 097

Estimated living cost  is ₽27191 per week

₽17582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽98849
-₽98849
-₽98849
₽16820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
783
municipal
-
-
-
18 598
labour market
-
-
-
7 777
national
-
-
-
10 510
total
-
-
-
37 668
Employee
183 653
183 653
183 653
-
national
22 437
22 437
22 437
-
municipal
39 108
39 108
39 108
-
labour market
14 671
14 671
14 671
-
pensions
261
261
261
-
total
76 477
76 477
76 477
-
Employer
183 653
183 653
183 653
-
municipal
39 170
39 170
39 170
-
pensions
522
522
522
-
national
22 476
22 476
22 476
-
labour market
14 692
14 692
14 692
-
total
76 860
76 860
76 860
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
153 337
153 337
153 337
37 668
After tax
-55 337
-55 337
-55 337
60 332
Living cost
43 512
43 512
43 512
43 512
Free-cash
-98 849
-98 849
-98 849
16 820

Estimated living cost  is ₽43512 per week

₽29780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4878
-₽12020
₽31019
₽47267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
24 362
pensions
-
-
-
3 831
accident
-
-
-
233
health
-
-
-
2 008
total
-
-
-
30 775
Employee
31 396
-
84 379
-
health
3 595
-
9 662
-
pensions
3 535
-
7 025
-
income
4 307
-
16 716
-
total
11 437
-
33 403
-
Employer
31 396
-
84 379
-
accident
524
-
1 409
-
pensions
5 105
-
10 144
-
unemployment
769
-
2 067
-
total
6 398
-
13 620
-
Corporate
60 206
98 000
-
-
income

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

54 185
88 200
-
-
total
54 185
88 200
-
-
Dividends
6 021
9 800
-
-
withholding
1 144
1 862
-
-
total
1 144
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
73 164
90 062
47 023
30 775
After tax
24 836
7 938
50 977
67 225
Living cost
19 958
19 958
19 958
19 958
Free-cash
4 878
-12 020
31 019
47 267

Estimated living cost  is ₽19958 per week

₽14527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28670
₽29854
₽20579
₽34017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
98 000
municipal
-
-
-
17 436
national
-
-
-
10 687
health
-
-
-
1 131
total
-
-
-
29 254
Employee
47 592
-
82 442
-
national
786
-
5 985
-
unemployment
714
-
1 236
-
health
355
-
893
-
municipal
7 795
-
13 455
-
pensions
3 212
-
5 565
-
total
12 862
-
27 134
-
Employer
47 592
-
82 442
-
accident
48
-
82
-
pensions
8 257
-
14 305
-
unemployment
309
-
536
-
health
366
-
635
-
total
8 980
-
15 558
-
Corporate
41 429
98 000
-
-
income
8 286
19 600
-
-
total
8 286
19 600
-
-
Dividends

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

24 857
58 800
-
-
municipal
4 473
10 585
-
-
national
-
3 232
-
-
total
4 473
13 817
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 601
33 417
42 692
29 254
After tax
63 399
64 583
55 308
68 746
Living cost
34 729
34 729
34 729
34 729
Free-cash
28 670
29 854
20 579
34 017

Estimated living cost  is ₽34729 per week

₽22685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45824
₽50747
₽47448
₽48004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 636
income
-
-
-
11 917
health
-
-
-
2 499
total
-
-
-
29 052
Employee
69 558
69 558
88 969
-
health
539
1 183
1 512
-
social contributions
2 630
5 773
7 385
-
income
7 574
6 439
11 680
-
total
10 743
13 395
20 577
-
Employer
69 558
69 558
88 969
-
social contributions
2 630
5 773
7 385
-
health
585
1 287
1 646
-
total
3 215
7 060
9 031
-
Corporate
63 099
21 382
-
-
income
7 888
2 673
-
-
total
7 888
2 673
-
-
Dividends
55 211
18 709
-
-
withholding
9 386
3 181
-
-
total
9 386
3 181
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 232
26 309
29 608
29 052
After tax
66 768
71 691
68 392
68 948
Living cost
20 944
20 944
20 944
20 944
Free-cash
45 824
50 747
47 448
48 004

Estimated living cost  is ₽20944 per week

₽12552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62189
₽66791
₽46975
₽65120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
26
income
-
-
-
9 464
pensions
-
-
-
5 754
health
-
-
-
3 274
total
-
-
-
18 518
Employee

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

20 763
-
89 159
-
unemployment
103
-
429
-
health
1 765
-
7 296
-
pensions
3 114
-
12 875
-
income
1 420
-
7 222
-
total
6 402
-
27 822
-
Employer

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

20 763
-
89 159
-
pensions
1 142
-
4 721
-
unemployment
103
-
429
-
health
893
-
3 691
-
total
2 138
-
8 841
-
Corporate
75 100
98 000
-
-
income
6 758
8 820
-
-
total
6 758
8 820
-
-
Dividends
68 341
89 180
-
-
withholding
6 151
8 027
-
-
total
6 151
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 449
16 847
36 663
18 518
After tax
76 551
81 153
61 337
79 482
Living cost
14 362
14 362
14 362
14 362
Free-cash
62 189
66 791
46 975
65 120

Estimated living cost  is ₽14362 per week

₽9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36392
₽41140
₽26346
₽28398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
19 574
pensions
-
-
-
23 727
accident
-
-
-
755
total
-
-
-
44 727
Employee
33 448
-
74 309
-
unemployment
518
-
1 152
-
other
33
-
74
-
pensions
1 572
-
3 493
-
income
6 448
-
18 369
-
total
8 571
-
23 088
-
Employer
33 448
-
74 309
-
other
268
-
596
-
accident
663
-
1 471
-
pensions
7 893
-
17 537
-
unemployment
1 840
-
4 087
-
total
10 664
-
23 691
-
Corporate
53 889
98 000
-
-
income

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

8 084
14 699
-
-
total
8 084
14 699
-
-
Dividends
45 805
83 301
-
-
withholding
9 414
17 286
-
-
total
9 414
17 286
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 733
31 985
46 779
44 727
After tax
61 267
66 015
51 221
53 273
Living cost
24 875
24 875
24 875
24 875
Free-cash
36 392
41 140
26 346
28 398

Estimated living cost  is ₽24875 per week

₽16790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and 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 Valencia model

Close
Istanbul , Turkey
₽59133
₽59418
₽60825
₽60947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 137
pensions
-
-
-
1 265
health
-
-
-
917
total
-
-
-
35 319
Employee
2 641
-
96 577
-
unemployment
26
-
63
-
health
132
-
316
-
pensions
238
-
569
-
income
511
-
33 070
-
total
907
-
34 018
-
Employer
2 641
-
96 577
-
pensions
291
-
696
-
unemployment
53
-
126
-
health
251
-
601
-
total
595
-
1 423
-
Corporate
94 765
98 000
-
-
income
20 848
21 560
-
-
total
20 848
21 560
-
-
Dividends
73 917
76 440
-
-
withholding
14 783
15 288
-
-
total
14 783
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 133
36 848
35 441
35 319
After tax
60 867
61 152
62 559
62 681
Living cost
1 734
1 734
1 734
1 734
Free-cash
59 133
59 418
60 825
60 947

Estimated living cost  is ₽1734 per week

₽1030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50751
₽55193
₽37168
₽37167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 001
income
-
-
-
20 002
pensions
-
-
-
17 346
health
-
-
-
6 872
total
-
-
-
45 221
Employee

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

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

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

23 541
-
86 058
-
unemployment
177
-
500
-
health
1 212
-
3 436
-
pensions
3 296
-
9 340
-
income
3 245
-
20 002
-
total
7 930
-
33 278
-
Employer

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

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

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

23 541
-
86 058
-
pensions
2 825
-
8 006
-
unemployment
177
-
500
-
health
1 212
-
3 436
-
total
4 214
-
11 942
-
Corporate
70 245
98 000
-
-
income
10 537
14 700
-
-
total
10 537
14 700
-
-
Dividends
59 708
83 300
-
-
withholding
8 956
12 495
-
-
total
8 956
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 637
27 195
45 220
45 221
After tax
66 363
70 805
52 780
52 779
Living cost
15 612
15 612
15 612
15 612
Free-cash
50 751
55 193
37 168
37 167

Estimated living cost  is ₽15612 per week

₽10511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽31028
₽31356
₽24603
₽30059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
social contributions

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

-
-
-
34 054
income
-
-
-
9 500
surtax
-
-
-
-
total
-
-
-
43 554
Employee
35 109
-
79 191
-
surtax
-
-
-
-
social contributions
3 862
-
8 712
-
income
6 860
-
21 491
-
total
10 722
-
30 203
-
Employer
35 109
-
79 191
-
social contributions
8 338
-
18 807
-
total
8 338
-
18 807
-
Corporate
54 554
98 000
-
-
income
11 457
20 580
-
-
surtax
-
-
-
-
total
11 457
20 580
-
-
Dividends
43 097
77 420
-
-
withholding
12 068
21 677
-
-
total
12 068
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 585
42 257
49 010
43 554
After tax
55 415
55 743
48 990
54 446
Living cost
24 387
24 387
24 387
24 387
Free-cash
31 028
31 356
24 603
30 059

Estimated living cost  is ₽24387 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27324
₽34224
₽19430
₽21482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
19 574
pensions
-
-
-
23 727
accident
-
-
-
755
total
-
-
-
44 727
Employee
43 687
-
74 309
-
unemployment
676
-
1 152
-
other
43
-
74
-
pensions
2 053
-
3 493
-
income
9 125
-
18 369
-
total
11 897
-
23 088
-
Employer
43 687
-
74 309
-
other
350
-
596
-
accident
865
-
1 471
-
pensions
10 310
-
17 537
-
unemployment
2 403
-
4 087
-
total
13 928
-
23 691
-
Corporate
40 384
98 000
-
-
income

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

6 058
14 699
-
-
total
6 058
14 699
-
-
Dividends
34 326
83 301
-
-
withholding
7 002
17 286
-
-
total
7 002
17 286
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 885
31 985
46 779
44 727
After tax
59 115
66 015
51 221
53 273
Living cost
31 791
31 791
31 791
31 791
Free-cash
27 324
34 224
19 430
21 482

Estimated living cost  is ₽31791 per week

₽22831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62718
₽68231
₽62486
₽59306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
126
income
-
-
-
14 700
pensions

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

-
-
-
4 676
health
-
-
-
3 633
total
-
-
-
23 135
Employee
20 603
-
91 802
-
accident

We are using the highest rate at 1.1%.

226
-
348
-
health
948
-
1 453
-
pensions

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

1 809
-
2 774
-
income
2 061
-
9 181
-
total
5 044
-
13 756
-
Employer
20 603
-
91 802
-
accident

We are using the highest rate at 1.1%.

226
-
348
-
pensions

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

2 270
-
3 481
-
unemployment
124
-
190
-
health
1 422
-
2 180
-
total
4 042
-
6 199
-
Corporate
73 355
98 000
-
-
income
7 336
9 800
-
-
total
7 336
9 800
-
-
Dividends
66 019
88 200
-
-
withholding
3 301
4 410
-
-
total
3 301
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 723
14 210
19 955
23 135
After tax
78 277
83 790
78 045
74 865
Living cost
15 559
15 559
15 559
15 559
Free-cash
62 718
68 231
62 486
59 306

Estimated living cost  is ₽15559 per week

₽10291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27445
₽15613
₽33839
₽25810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
8 029
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.

-
-
-
21 856
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.

-
-
-
6 180
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.

-
-
-
1 202
total
-
-
-
37 267
Employee

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

45 009
-
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.

204
-
1 202
-
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.

6 180
-
6 180
-
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.

3 701
-
21 856
-
total
10 085
-
29 238
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 991
98 000
-
-
trade
7 605
14 062
-
-
income
7 948
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.

438
809
-
-
chamber of commerce
215
282
-
-
total
16 206
29 852
-
-
Dividends
36 787
68 148
-
-
withholding
8 853
16 694
-
-
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.

488
918
-
-
total
9 341
17 612
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 632
47 464
29 238
37 267
After tax
62 368
50 536
68 762
60 733
Living cost
34 923
34 923
34 923
34 923
Free-cash
27 445
15 613
33 839
25 810

Estimated living cost  is ₽34923 per week

₽24091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19067
₽17070
₽13347
₽13347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
8 875
income
-
-
-
24 249
total
-
-
-
33 124
Employee
70 758
-
98 000
-
social contributions
5 879
-
8 875
-
income
13 352
-
24 249
-
total
19 231
-
33 124
-
Employer
70 758
-
98 000
-
total
-
-
-
-
Corporate
27 242
98 000
-
-
income
3 406
12 250
-
-
total
3 406
12 250
-
-
Dividends
23 836
85 750
-
-
withholding
4 767
17 151
-
-
total
4 767
17 151
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 404
29 401
33 124
33 124
After tax
70 596
68 599
64 876
64 876
Living cost
51 529
51 529
51 529
51 529
Free-cash
19 067
17 070
13 347
13 347

Estimated living cost  is ₽51529 per week

₽39202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29244
₽26084
₽39254
₽33873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 000
health

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

-
-
-
5 541
income
-
-
-
25 749
total
-
-
-
31 290
Employee
41 497
-
93 839
-
social contributions
4 158
-
4 161
-
income
4 503
-
17 587
-
total
8 661
-
21 748
-
Employer
41 497
-
93 839
-
social contributions
4 158
-
4 161
-
total
4 158
-
4 161
-
Corporate
52 346
98 000
-
-
income
18 321
34 300
-
-
total
18 321
34 300
-
-
Dividends
34 024
63 700
-
-
social contributions
4 779
4 779
-
-
total
4 779
4 779
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 919
39 079
25 909
31 290
After tax
62 081
58 921
72 091
66 710
Living cost
32 837
32 837
32 837
32 837
Free-cash
29 244
26 084
39 254
33 873

Estimated living cost  is ₽32837 per week

₽21629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽8114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35297
₽37408
₽27443
₽36315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 746
pensions
-
-
-
6 838
total
-
-
-
28 584
Employee
45 436
-
86 154
-
health
593
-
1 427
-
pensions
3 468
-
8 355
-
income
8 274
-
15 828
-
total
12 335
-
25 610
-
Employer
45 436
-
86 154
-
pensions
4 591
-
10 209
-
health
864
-
1 637
-
total
5 455
-
11 846
-
Corporate
47 110
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.

8 951
18 619
-
-
total
8 951
18 619
-
-
Dividends
38 158
79 381
-
-
withholding
2 861
8 872
-
-
total
2 861
8 872
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 602
27 491
37 456
28 584
After tax
68 398
70 509
60 544
69 416
Living cost
33 101
33 101
33 101
33 101
Free-cash
35 297
37 408
27 443
36 315

Estimated living cost  is ₽33101 per week

₽22707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3044
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4575
-₽13996
₽29043
₽45291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
24 362
pensions
-
-
-
3 831
accident
-
-
-
233
health
-
-
-
2 008
total
-
-
-
30 775
Employee
34 504
-
84 379
-
health
3 950
-
9 662
-
pensions
3 885
-
7 025
-
income
4 734
-
16 716
-
total
12 569
-
33 403
-
Employer
34 504
-
84 379
-
accident
576
-
1 409
-
pensions
5 610
-
10 144
-
unemployment
845
-
2 067
-
total
7 031
-
13 620
-
Corporate
56 465
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.

50 818
88 200
-
-
total
50 818
88 200
-
-
Dividends
5 647
9 800
-
-
withholding
1 073
1 862
-
-
total
1 073
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 491
90 062
47 023
30 775
After tax
26 509
7 938
50 977
67 225
Living cost
21 934
21 934
21 934
21 934
Free-cash
4 575
-13 996
29 043
45 291

Estimated living cost  is ₽21934 per week

₽16097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1278
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.
₽4117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66694
₽70257
₽50681
₽43608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 176
income
-
-
-
15 232
pensions
-
-
-
18 032
health insurance
-
-
-
7 252
work injury
-
-
-
490
total
-
-
-
42 182
Employee

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

19 537
-
98 000
-
health insurance
1 446
-
5 349
-
unemployment
234
-
867
-
work injury
98
-
361
-
pensions
3 595
-
13 300
-
income
1 954
-
15 232
-
total
7 327
-
35 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 463
98 000
-
-
income

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

-
980
-
-
total
-
980
-
-
Dividends
78 463
97 020
-
-
withholding
11 769
14 553
-
-
total
11 769
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 096
15 533
35 109
42 182
After tax
78 904
82 467
62 891
55 818
Living cost
12 210
12 210
12 210
12 210
Free-cash
66 694
70 257
50 681
43 608

Estimated living cost  is ₽12210 per week

₽7565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11469
₽15585
₽8249
₽12733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
2 026
social contributions
-
-
-
25 205
municipal
-
-
-
656
national
-
-
-
21 344
total
-
-
-
49 231
Employee
76 226
-
98 000
-
national
12 881
-
18 366
-
regional
1 151
-
1 719
-
municipal
455
-
585
-
social contributions
25 703
-
33 045
-
total
40 190
-
53 715
-
Employer
76 226
-
98 000
-
total
-
-
-
-
Corporate
21 774
98 000
-
-
nationa
5 225
23 519
-
-
municipal
1 049
4 724
-
-
total
6 274
28 243
-
-
Dividends
15 500
69 757
-
-
withholding
4 031
18 136
-
-
total
4 031
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 495
46 379
53 715
49 231
After tax
47 505
51 621
44 285
48 769
Living cost
36 036
36 036
36 036
36 036
Free-cash
11 469
15 585
8 249
12 733

Estimated living cost  is ₽36036 per week

₽25313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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