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
₽19546
₽39894
₽31713
₽30503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
20 217
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.

-
-
-
1 111
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.

-
-
-
6 769
trade
-
-
-
8 181
total
-
-
-
36 278
Employee

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

37 895
-
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.

58
-
1 111
-
income

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

1 059
-
20 217
-
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.

6 769
-
6 769
-
total
7 886
-
28 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 105
98 000
-
-
income
9 015
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.

496
808
-
-
chamber of commerce
237
291
-
-
trade
9 467
15 434
-
-
total
19 215
31 232
-
-
Dividends
40 890
66 767
-
-
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.

541
897
-
-
withholding
9 846
16 316
-
-
total
10 387
17 213
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 488
48 445
28 097
36 278
After tax
60 512
49 555
69 903
61 722
Living cost
30 009
30 009
30 009
30 009
Free-cash
30 503
19 546
39 894
31 713

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8665
₽7619
₽6851
₽7792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 138
national
-
-
-
15 710
pensions
-
-
-
11 760
total
-
-
-
38 662
Employee
81 365
-
84 720
-
municipal
10 050
-
10 518
-
pensions
3 255
-
3 389
-
national
15 573
-
16 298
-
total
28 878
-
30 205
-
Employer
81 365
-
84 720
-
pensions
6 509
-
6 778
-
social contributions
875
-
911
-
total
7 384
-
7 689
-
Corporate
3 881
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%.

776
19 600
-
-
total
776
19 600
-
-
Dividends
3 105
78 400
-
-
withholding
683
17 248
-
-
total
683
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 721
36 848
37 894
38 662
After tax
60 279
61 152
60 106
59 338
Living cost
52 487
52 487
52 487
52 487
Free-cash
7 792
8 665
7 619
6 851

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57787
₽34640
₽31715
₽49660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
income
-
-
-
14 165
surtax
-
-
-
-
social contributions

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

-
-
-
31 508
microenterprise
-
-
-
-
total
-
-
-
45 673
Employee
28 951
-
78 975
-
surtax
-
-
-
-
social contributions

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

3 185
-
8 686
-
income
5 154
-
15 037
-
total
8 339
-
23 723
-
Employer
28 951
-
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.

6 974
-
19 025
-
surtax
-
-
-
-
total
6 974
-
19 025
-
Corporate
62 076
98 000
-
-
income

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

12 415
19 601
-
-
total
12 415
19 601
-
-
Dividends

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

49 661
78 399
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 728
19 601
42 748
45 673
After tax
70 272
78 399
55 252
52 327
Living cost
20 612
20 612
20 612
20 612
Free-cash
49 660
57 787
34 640
31 715

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5177
-₽384
₽14127
-₽384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 952
health
-
-
-
11 809
pensions
-
-
-
11 608
total
-
-
-
42 369
Employee
84 607
84 607
84 607
-
pensions
15 229
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
12 986
11 046
12 986
-
total
42 064
36 503
42 064
-
Employer
84 607
84 607
84 607
-
health
5 881
5 881
5 881
-
pensions
5 889
5 889
5 889
-
unemployment
3 046
3 046
3 046
-
total
14 816
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 880
51 319
56 880
42 369
After tax
41 120
46 681
41 120
55 631
Living cost
41 504
41 504
41 504
41 504
Free-cash
-384
5 177
-384
14 127

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12752
₽11577
₽9860
₽11838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
21 507
national
-
-
-
-
pensions
-
-
-
9 656
total
-
-
-
47 384
Employee
58 073
-
74 570
-
municipal
17 317
-
22 237
-
national
-
-
-
-
total
17 317
-
22 237
-
Employer
58 073
-
74 570
-
health
3 571
-
4 586
-
pensions
6 278
-
8 061
-
accident
116
-
149
-
unemployment
1 533
-
1 969
-
other
6 748
-
8 665
-
total
18 246
-
23 430
-
Corporate
21 680
98 000
-
-
income
4 770
21 560
-
-
total
4 770
21 560
-
-
Dividends
16 911
76 440
-
-
withholding
5 073
22 932
-
-
total
5 073
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 406
44 492
45 667
47 384
After tax
52 594
53 508
52 333
50 616
Living cost
40 756
40 756
40 756
40 756
Free-cash
11 838
12 752
11 577
9 860

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10130
₽30982
₽22439
₽24050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
20 217
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.

-
-
-
1 111
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.

-
-
-
6 769
trade
-
-
-
8 543
total
-
-
-
36 640
Employee

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

50 244
-
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.

237
-
1 111
-
income

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

4 317
-
20 217
-
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.

6 769
-
6 769
-
total
11 323
-
28 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 756
98 000
-
-
income
7 163
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.

395
808
-
-
chamber of commerce
218
290
-
-
trade
7 855
16 120
-
-
total
15 631
31 917
-
-
Dividends
32 125
66 082
-
-
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.

421
887
-
-
withholding
7 654
16 145
-
-
total
8 075
17 032
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 029
48 949
28 097
36 640
After tax
62 971
49 051
69 903
61 360
Living cost
38 921
38 921
38 921
38 921
Free-cash
24 050
10 130
30 982
22 439

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39608
₽37435
₽37532
₽35496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 546
social contributions
-
-
-
15 288
health
-
-
-
2 499
total
-
-
-
28 333
Employee
76 185
76 185
88 970
-
social contributions
3 702
6 323
7 385
-
income
8 000
7 052
10 503
-
health
758
1 295
1 512
-
total
12 460
14 670
19 400
-
Employer
76 185
76 185
88 970
-
health
825
1 410
1 645
-
social contributions
3 702
6 323
7 385
-
total
4 527
7 733
9 030
-
Corporate
48 877
14 082
-
-
income
6 111
1 760
-
-
total
6 111
1 760
-
-
Dividends
42 767
12 322
-
-
withholding
7 271
2 094
-
-
total
7 271
2 094
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 369
26 257
28 430
28 333
After tax
67 631
71 743
69 570
69 667
Living cost
32 135
32 135
32 135
32 135
Free-cash
35 496
39 608
37 435
37 532

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37083
₽38678
₽49757
₽37460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 173
10 417
82 008
-
unemployment
393
156
1 230
-
pensions
2 617
1 042
8 201
-
income
3 200
1 273
10 026
-
health
1 832
729
5 741
-
total
8 042
3 200
25 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 173
10 417
82 008
-
pensions
5 104
2 031
15 992
-
total
5 104
2 031
15 992
-
Corporate
66 723
85 552
-
-
income
6 005
7 700
-
-
total
6 005
7 700
-
-
Dividends
60 718
77 852
-
-
social contributions
11 721
15 062
-
-
withholding
11 536
14 792
-
-
total
23 257
29 854
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 408
42 785
41 190
30 111
After tax
55 592
55 215
56 810
67 889
Living cost
18 132
18 132
18 132
18 132
Free-cash
37 460
37 083
38 678
49 757

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54468
₽32555
₽28597
₽48315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 131
health
-
-
-
12 740
pensions
-
-
-
19 601
total
-
-
-
45 472
Employee
28 106
-
73 244
-
unemployment
449
-
1 171
-
pensions
562
-
1 465
-
income
3 164
-
14 122
-
total
4 175
-
16 758
-
Employer
28 106
-
73 244
-
health
3 653
-
9 521
-
pensions
5 622
-
14 648
-
unemployment
226
-
587
-
total
9 501
-
24 756
-
Corporate
60 393
98 000
-
-
income
12 078
19 601
-
-
total
12 078
19 601
-
-
Dividends
48 315
78 399
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 754
19 601
41 514
45 472
After tax
72 246
78 399
56 486
52 528
Living cost
23 931
23 931
23 931
23 931
Free-cash
48 315
54 468
32 555
28 597

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
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.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14121
₽28411
₽45217
₽4556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
253
income
-
-
-
23 740
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
30 724
Employee
34 699
-
83 513
-
pensions
3 907
-
7 650
-
income
4 760
-
15 831
-
health
3 973
-
9 562
-
total
12 640
-
33 043
-
Employer
34 699
-
83 513
-
pensions
5 642
-
11 047
-
accident
579
-
1 394
-
unemployment
850
-
2 046
-
total
7 071
-
14 487
-
Corporate
56 229
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.

50 606
88 200
-
-
total
50 606
88 200
-
-
Dividends
5 623
9 800
-
-
withholding
1 068
1 862
-
-
total
1 068
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 385
90 062
47 530
30 724
After tax
26 615
7 938
50 470
67 276
Living cost
22 059
22 059
22 059
22 059
Free-cash
4 556
-14 121
28 411
45 217

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84994
₽70294
₽88914
₽83475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
10 133
-
98 000
-
income
2 026
-
19 600
-
total
2 026
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

87 867
98 000
-
-
total
-
-
-
-
Dividends
87 867
98 000
-
-
withholding
4 393
4 900
-
-
total
4 393
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 419
4 900
19 600
980
After tax
91 581
93 100
78 400
97 020
Living cost
8 106
8 106
8 106
8 106
Free-cash
83 475
84 994
70 294
88 914

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45601
₽30983
₽26666
₽38910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
12 449
other
-
-
-
4 655
health
-
-
-
4 311
pensions

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

-
-
-
23 519
total
-
-
-
44 934
Employee
35 974
-
78 273
-
unemployment
359
-
782
-
pensions

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

2 518
-
5 479
-
income
6 193
-
13 537
-
health
504
-
1 096
-
total
9 574
-
20 894
-
Employer
35 974
-
78 273
-
health
504
-
1 096
-
pensions

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

6 116
-
13 306
-
accident
288
-
626
-
unemployment
359
-
782
-
other
1 799
-
3 913
-
total
9 066
-
19 723
-
Corporate
52 960
98 000
-
-
income
11 121
20 580
-
-
total
11 121
20 580
-
-
Dividends
41 839
77 420
-
-
withholding
2 929
5 419
-
-
total
2 929
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 690
25 999
40 617
44 934
After tax
65 310
72 001
57 383
53 066
Living cost
26 400
26 400
26 400
26 400
Free-cash
38 910
45 601
30 983
26 666

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6333
-₽4589
₽4804
-₽8168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 032
pensions
-
-
-
7 171
total
-
-
-
27 203
Employee
93 370
-
86 309
-
pensions
9 008
-
8 160
-
income
16 831
-
15 351
-
health
1 539
-
1 393
-
total
27 378
-
24 904
-
Employer
93 370
-
86 309
-
health
1 773
-
1 641
-
pensions
11 024
-
10 051
-
total
12 797
-
11 692
-
Corporate
-
98 000
-
-
income

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

-
18 619
-
-
total
-
18 619
-
-
Dividends
-
79 381
-
-
withholding
-
7 055
-
-
total
-
7 055
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 175
25 674
36 596
27 203
After tax
57 825
72 326
61 404
70 797
Living cost
65 993
65 993
65 993
65 993
Free-cash
-8 168
6 333
-4 589
4 804

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70800
₽64086
₽61070
₽66198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 700
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
23 940
Employee
17 201
-
91 210
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
9 121
-
health
791
-
1 592
-
total
4 210
-
14 133
-
Employer
17 201
-
91 210
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
77 424
98 000
-
-
income
7 743
9 800
-
-
total
7 743
9 800
-
-
Dividends
69 681
88 200
-
-
withholding
3 484
4 410
-
-
total
3 484
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 812
14 210
20 924
23 940
After tax
79 188
83 790
77 076
74 060
Living cost
12 990
12 990
12 990
12 990
Free-cash
66 198
70 800
64 086
61 070

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8258
-₽13819
₽692
-₽9939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 952
health
-
-
-
11 809
pensions
-
-
-
11 608
total
-
-
-
42 369
Employee
91 856
84 607
84 607
-
pensions
11 608
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
11 460
11 046
12 986
-
total
36 917
36 503
42 064
-
Employer
91 856
84 607
84 607
-
health
6 383
5 881
5 881
-
pensions
6 393
5 889
5 889
-
unemployment
3 307
3 046
3 046
-
total
16 083
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
53 000
51 319
56 880
42 369
After tax
45 000
46 681
41 120
55 631
Living cost
54 939
54 939
54 939
54 939
Free-cash
-9 939
-8 258
-13 819
692

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42872
₽25130
₽23130
₽34095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
36 178
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
4 754
-
income
4 341
-
8 776
-
health
4 884
-
9 873
-
total
11 577
-
23 403
-
Employer
36 178
-
73 134
-
health
3 256
-
6 582
-
social contributions
9 045
-
18 284
-
total
12 301
-
24 866
-
Corporate
49 521
98 000
-
-
income
9 409
18 620
-
-
total
9 409
18 620
-
-
Dividends
40 112
79 380
-
-
withholding
6 017
11 907
-
-
total
6 017
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 304
30 527
48 269
50 269
After tax
58 696
67 473
49 731
47 731
Living cost
24 601
24 601
24 601
24 601
Free-cash
34 095
42 872
25 130
23 130

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10479
₽3918
₽8582
₽5308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 205
regional
-
-
-
1 079
municipal
-
-
-
583
national
-
-
-
20 744
total
-
-
-
47 611
Employee
88 053
-
98 000
-
municipal
466
-
519
-
national
15 257
-
17 764
-
regional
831
-
946
-
social contributions
29 691
-
33 046
-
total
46 245
-
52 275
-
Employer
88 053
-
98 000
-
total
-
-
-
-
Corporate
9 947
98 000
-
-
municipal
387
3 822
-
-
nationa
2 388
23 521
-
-
total
2 775
27 343
-
-
Dividends
7 172
70 657
-
-
withholding
1 865
18 371
-
-
total
1 865
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 885
45 714
52 275
47 611
After tax
47 115
52 286
45 725
50 389
Living cost
41 807
41 807
41 807
41 807
Free-cash
5 308
10 479
3 918
8 582

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39778
₽26768
₽28664
₽36694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 454
other
-
-
-
-
surtax
-
-
-
2 234
unemployment
-
-
-
226
health
-
-
-
6 958
pensions
-
-
-
19 601
total
-
-
-
47 473
Employee
32 764
-
80 956
-
other
-
-
-
-
unemployment
2 281
-
5 635
-
pensions
2 185
-
5 400
-
surtax
107
-
2 016
-
income
5 492
-
17 211
-
health
837
-
2 064
-
total
10 902
-
32 326
-
Employer
32 764
-
80 956
-
health
1 491
-
3 685
-
pensions
4 368
-
10 792
-
unemployment
1 038
-
2 566
-
other
-
-
-
-
total
6 897
-
17 043
-
Corporate
58 340
98 000
-
-
income
15 169
25 480
-
-
total
15 169
25 480
-
-
Dividends
43 170
72 520
-
-
withholding
6 475
10 879
-
-
total
6 475
10 879
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 443
36 359
49 369
47 473
After tax
58 557
61 641
48 631
50 527
Living cost
21 863
21 863
21 863
21 863
Free-cash
36 694
39 778
26 768
28 664

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27241
₽16319
₽25712
₽20576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 032
pensions
-
-
-
7 171
total
-
-
-
27 203
Employee
62 574
-
86 309
-
pensions
5 311
-
8 160
-
income
11 270
-
15 351
-
health
908
-
1 393
-
total
17 489
-
24 904
-
Employer
62 574
-
86 309
-
health
1 189
-
1 641
-
pensions
6 774
-
10 051
-
total
7 963
-
11 692
-
Corporate
27 464
98 000
-
-
income

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

5 218
18 619
-
-
total
5 218
18 619
-
-
Dividends
22 246
79 381
-
-
withholding
1 669
7 055
-
-
total
1 669
7 055
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 339
25 674
36 596
27 203
After tax
65 661
72 326
61 404
70 797
Living cost
45 085
45 085
45 085
45 085
Free-cash
20 576
27 241
16 319
25 712

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
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.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽33541
-₽1371
₽3612
-₽2426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 242
health
-
-
-
256
city
-
-
-
1 032
national
-
-
-
529
pensions
-
-
-
9 016
total
-
-
-
16 035
Employee
91 693
-
87 715
-
unemployment
-
-
-
-
pensions
7 703
-
7 369
-
national
434
-
402
-
regional
3 002
-
2 787
-
city
984
-
942
-
health
207
-
197
-
total
12 330
-
11 697
-
Employer
91 693
-
87 715
-
health
207
-
197
-
pensions
7 703
-
7 369
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 833
-
1 755
-
total
9 743
-
9 321
-
Corporate
-
98 000
-
-
regional
-
20 728
-
-
national
-
8 329
-
-
total
-
29 057
-
-
Dividends
-
68 943
-
-
withholding
-
24 131
-
-
total
-
24 131
-
-
Income
98 000
98 000
98 000
98 000
Total tax
22 073
53 188
21 018
16 035
After tax
75 927
44 812
76 982
81 965
Living cost
78 353
78 353
78 353
78 353
Free-cash
-2 426
-33 541
-1 371
3 612

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3159
₽24516
₽15610
₽19222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
20 217
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.

-
-
-
1 111
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.

-
-
-
6 769
trade
-
-
-
8 906
total
-
-
-
37 003
Employee

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

59 543
-
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.

385
-
1 111
-
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.

7 002
-
20 217
-
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.

6 769
-
6 769
-
total
14 156
-
28 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 457
98 000
-
-
income
5 768
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.

318
808
-
-
chamber of commerce
205
288
-
-
trade
6 596
16 807
-
-
total
12 887
32 602
-
-
Dividends
25 570
65 398
-
-
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.

331
878
-
-
withholding
6 017
15 974
-
-
total
6 348
16 852
-
-
Income
98 000
98 000
98 000
98 000
Total tax
33 391
49 454
28 097
37 003
After tax
64 609
48 546
69 903
60 997
Living cost
45 387
45 387
45 387
45 387
Free-cash
19 222
3 159
24 516
15 610

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15492
₽21521
₽22565
₽21348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 180
other
-
-
-
3 042
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
1 756
pensions
-
-
-
24 768
total
-
-
-
41 538
Employee
42 403
-
74 678
-
pensions
4 794
-
8 448
-
surtax
-
-
-
-
social contributions
1 209
-
2 128
-
income
2 502
-
8 684
-
total
8 505
-
19 260
-
Employer
42 403
-
74 678
-
health
2 969
-
5 227
-
pensions
6 966
-
12 270
-
unemployment
1 717
-
3 025
-
social contributions
128
-
224
-
other
1 463
-
2 576
-
total
13 243
-
23 322
-
Corporate
42 355
98 000
-
-
income
11 860
27 441
-
-
surtax
-
-
-
-
total
11 860
27 441
-
-
Dividends
30 495
70 559
-
-
surtax
-
-
-
-
social contributions
5 244
12 138
-
-
withholding
3 903
9 032
-
-
total
9 147
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 755
48 611
42 582
41 538
After tax
55 245
49 389
55 418
56 462
Living cost
33 897
33 897
33 897
33 897
Free-cash
21 348
15 492
21 521
22 565

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18850
₽24879
₽25923
₽24356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 180
other
-
-
-
3 042
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
1 756
pensions
-
-
-
24 768
total
-
-
-
41 538
Employee
37 851
-
74 678
-
pensions
4 281
-
8 448
-
surtax
-
-
-
-
social contributions
1 079
-
2 128
-
income
1 952
-
8 684
-
total
7 312
-
19 260
-
Employer
37 851
-
74 678
-
health
2 649
-
5 227
-
pensions
6 220
-
12 270
-
unemployment
1 532
-
3 025
-
social contributions
113
-
224
-
other
1 307
-
2 576
-
total
11 821
-
23 322
-
Corporate
48 329
98 000
-
-
income
13 532
27 441
-
-
surtax
-
-
-
-
total
13 532
27 441
-
-
Dividends
34 797
70 559
-
-
surtax
-
-
-
-
social contributions
5 986
12 138
-
-
withholding
4 454
9 032
-
-
total
10 440
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 105
48 611
42 582
41 538
After tax
54 895
49 389
55 418
56 462
Living cost
30 539
30 539
30 539
30 539
Free-cash
24 356
18 850
24 879
25 923

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38780
₽42154
₽41928
₽39293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 699
social contributions
-
-
-
13 524
health
-
-
-
6 840
total
-
-
-
35 063
Employee
33 593
-
98 000
-
social contributions
4 636
-
13 524
-
income
5 603
-
14 473
-
health
2 345
-
6 840
-
total
12 584
-
34 837
-
Employer
33 593
-
98 000
-
total
-
-
-
-
Corporate
64 407
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%.

3 221
4 900
-
-
total
3 221
4 900
-
-
Dividends
61 187
93 100
-
-
social contributions
8 444
12 847
-
-
withholding
9 177
13 966
-
-
health
4 272
6 498
-
-
total
21 893
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 698
38 211
34 837
35 063
After tax
60 302
59 789
63 163
62 937
Living cost
21 009
21 009
21 009
21 009
Free-cash
39 293
38 780
42 154
41 928

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20040
-₽5043
₽14799
₽18511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
16 000
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
391
health
-
-
-
7 496
pensions
-
-
-
18 130
total
-
-
-
48 290
Employee
49 514
39 483
75 948
-
other
494
395
760
-
unemployment
1 485
1 185
2 279
-
pensions
5 071
4 042
7 776
-
income
5 637
2 912
14 276
-
health
1 916
1 529
2 939
-
total
14 603
10 063
28 030
-
Employer
49 514
39 483
75 948
-
chamber of commerce
197
158
305
-
health
1 871
1 493
2 871
-
pensions
6 214
4 956
9 531
-
accident
643
513
987
-
unemployment
1 485
1 185
2 279
-
surtax
196
196
196
-
payroll
1 485
1 185
2 279
-
other
2 352
1 875
3 606
-
total
14 443
11 561
22 054
-
Corporate
34 043
46 957
72 187
-
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.

8 511
11 740
18 048
-
total
8 511
11 740
18 048
-
Dividends
25 531
35 218
-
-
withholding
7 021
9 685
-
-
total
7 021
9 685
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 578
43 049
68 132
48 290
After tax
53 422
54 951
29 868
49 710
Living cost
34 911
34 911
34 911
34 911
Free-cash
18 511
20 040
-5 043
14 799

Estimated living cost  is ₽34911 per week

₽23284
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.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18842
₽2144
₽10035
₽3981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal

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

-
-
-
4 966
social contributions
-
-
-
15 229
national
-
-
-
31 645
total
-
-
-
51 840
Employee

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

70 870
-
75 904
-
unemployment

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

617
-
660
-
communal

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

3 696
-
3 960
-
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.

5 315
-
5 693
-
national
21 788
-
23 757
-
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.

3 330
-
3 567
-
total
34 746
-
37 637
-
Employer

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

70 870
-
75 904
-
health

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

4 358
-
4 668
-
pensions

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

6 280
-
6 725
-
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.

921
-
987
-
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.

1 034
-
1 107
-
surtax
8 036
-
8 607
-
total
20 629
-
22 094
-
Corporate
6 501
98 000
-
-
income
1 301
19 601
-
-
surtax
26
391
-
-
total
1 327
19 992
-
-
Dividends
5 174
78 008
-
-
withholding

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

1 192
23 041
-
-
total
1 192
23 041
-
-
Income
98 000
98 000
98 000
98 000
Total tax
57 894
43 033
59 731
51 840
After tax
40 106
54 967
38 269
46 160
Living cost
36 125
36 125
36 125
36 125
Free-cash
3 981
18 842
2 144
10 035

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30253
₽16142
₽16684
₽22359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
827
income
-
-
-
17 985
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
45 535
Employee
49 318
-
74 310
-
other
49
-
75
-
unemployment
765
-
1 153
-
pensions
2 318
-
3 493
-
income
10 406
-
17 667
-
total
13 538
-
22 388
-
Employer
49 318
-
74 310
-
pensions
11 638
-
17 536
-
accident
976
-
1 472
-
unemployment
2 713
-
4 087
-
other
393
-
594
-
total
15 720
-
23 689
-
Corporate
32 962
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.

4 945
14 699
-
-
total
4 945
14 699
-
-
Dividends
28 017
83 301
-
-
withholding
5 657
17 267
-
-
total
5 657
17 267
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 860
31 966
46 077
45 535
After tax
58 140
66 034
51 923
52 465
Living cost
35 781
35 781
35 781
35 781
Free-cash
22 359
30 253
16 142
16 684

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6175
₽6820
₽2391
-₽522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal
-
-
-
6 193
accident
-
-
-
825
income
-
-
-
8 316
surtax
-
-
-
4 858
health
-
-
-
6 885
pensions
-
-
-
14 690
total
-
-
-
41 767
Employee
75 030
-
87 539
-
pensions
6 001
-
7 004
-
surtax
4 599
-
5 364
-
income
7 247
-
10 612
-
health
3 339
-
3 896
-
total
21 186
-
26 876
-
Employer
75 030
-
87 539
-
health
2 288
-
2 670
-
pensions
6 001
-
7 004
-
accident
675
-
788
-
total
8 964
-
10 462
-
Corporate
14 006
98 000
-
-
communal
-
6 614
-
-
income
2 100
14 699
-
-
surtax
147
1 028
-
-
total
2 247
22 341
-
-
Dividends
11 759
75 658
-
-
income
10 519
4 293
-
-
withholding
1 764
11 349
-
-
total
12 283
15 642
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 680
37 983
37 338
41 767
After tax
53 320
60 017
60 662
56 233
Living cost
53 842
53 842
53 842
53 842
Free-cash
-522
6 175
6 820
2 391

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39387
₽26377
₽28273
₽36238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 454
other
-
-
-
-
surtax
-
-
-
2 234
unemployment
-
-
-
226
health
-
-
-
6 958
pensions
-
-
-
19 601
total
-
-
-
47 473
Employee
33 365
-
80 956
-
other
-
-
-
-
unemployment
2 322
-
5 635
-
pensions
2 226
-
5 400
-
surtax
118
-
2 016
-
income
5 593
-
17 211
-
health
852
-
2 064
-
total
11 111
-
32 326
-
Employer
33 365
-
80 956
-
health
1 517
-
3 685
-
pensions
4 448
-
10 792
-
unemployment
1 059
-
2 566
-
other
-
-
-
-
total
7 024
-
17 043
-
Corporate
57 610
98 000
-
-
income
14 979
25 480
-
-
total
14 979
25 480
-
-
Dividends
42 631
72 520
-
-
withholding
6 394
10 879
-
-
total
6 394
10 879
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 508
36 359
49 369
47 473
After tax
58 492
61 641
48 631
50 527
Living cost
22 254
22 254
22 254
22 254
Free-cash
36 238
39 387
26 377
28 273

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
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.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24821
₽18663
₽23300
₽22621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 205
regional
-
-
-
1 479
municipal
-
-
-
583
national
-
-
-
20 744
total
-
-
-
48 011
Employee
54 959
-
98 000
-
municipal
291
-
519
-
national
8 707
-
17 764
-
regional
740
-
1 319
-
social contributions
18 533
-
33 046
-
total
28 271
-
52 648
-
Employer
54 959
-
98 000
-
total
-
-
-
-
Corporate
43 041
98 000
-
-
municipal
2 140
4 871
-
-
nationa
10 330
23 521
-
-
total
12 470
28 392
-
-
Dividends
30 572
69 608
-
-
withholding
7 949
18 098
-
-
total
7 949
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 690
46 490
52 648
48 011
After tax
49 310
51 510
45 352
49 989
Living cost
26 689
26 689
26 689
26 689
Free-cash
22 621
24 821
18 663
23 300

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37158
₽19416
₽17416
₽26343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
44 581
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
4 754
-
income
5 350
-
8 776
-
health
6 018
-
9 873
-
total
14 266
-
23 403
-
Employer
44 581
-
73 134
-
health
4 012
-
6 582
-
social contributions
11 145
-
18 284
-
total
15 157
-
24 866
-
Corporate
38 261
98 000
-
-
income
7 270
18 620
-
-
total
7 270
18 620
-
-
Dividends
30 992
79 380
-
-
withholding
4 649
11 907
-
-
total
4 649
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
41 342
30 527
48 269
50 269
After tax
56 658
67 473
49 731
47 731
Living cost
30 315
30 315
30 315
30 315
Free-cash
26 343
37 158
19 416
17 416

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
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.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23448
-₽1706
₽18297
₽22962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
16 000
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
391
health
-
-
-
7 496
pensions
-
-
-
18 130
total
-
-
-
48 094
Employee
43 309
39 483
76 098
-
other
432
395
761
-
unemployment
1 299
1 185
2 283
-
pensions
4 435
4 042
7 793
-
income
3 858
2 912
14 329
-
health
1 675
1 529
2 944
-
total
11 699
10 063
28 110
-
Employer
43 309
39 483
76 098
-
chamber of commerce
173
158
305
-
health
1 638
1 493
2 877
-
pensions
5 436
4 956
9 551
-
accident
562
513
989
-
unemployment
1 299
1 185
2 283
-
surtax
-
-
-
-
payroll
1 299
1 185
2 283
-
other
2 057
1 875
3 614
-
total
12 464
11 365
21 902
-
Corporate
42 227
47 153
72 340
-
income

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

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

10 557
11 789
18 085
-
total
10 557
11 789
18 085
-
Dividends
31 670
35 364
-
-
withholding
8 709
9 726
-
-
total
8 709
9 726
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 429
42 943
68 097
48 094
After tax
54 571
55 057
29 903
49 906
Living cost
31 609
31 609
31 609
31 609
Free-cash
22 962
23 448
-1 706
18 297

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
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.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80468
₽65768
₽84388
₽78100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
15 791
-
98 000
-
income
3 158
-
19 600
-
total
3 158
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

82 209
98 000
-
-
total
-
-
-
-
Dividends
82 209
98 000
-
-
withholding
4 110
4 900
-
-
total
4 110
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 268
4 900
19 600
980
After tax
90 732
93 100
78 400
97 020
Living cost
12 632
12 632
12 632
12 632
Free-cash
78 100
80 468
65 768
84 388

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40900
₽21366
₽24177
₽32612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
98 000
income
-
-
-
19 562
unemployment
-
-
-
147
health
-
-
-
9 643
pensions
-
-
-
17 897
total
-
-
-
47 249
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.

43 812
-
84 798
-
unemployment
62
-
118
-
pensions
6 791
-
13 144
-
income
7 555
-
18 117
-
health
2 830
-
5 477
-
total
17 238
-
36 856
-
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.

43 812
-
84 798
-
health
2 918
-
5 648
-
pensions
3 877
-
7 504
-
unemployment
26
-
51
-
total
6 821
-
13 203
-
Corporate
47 367
98 000
-
-
income
9 000
18 619
-
-
total
9 000
18 619
-
-
Dividends
38 367
79 381
-
-
withholding
5 755
11 907
-
-
total
5 755
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 814
30 526
50 059
47 249
After tax
59 186
67 474
47 941
50 751
Living cost
26 574
26 574
26 574
26 574
Free-cash
32 612
40 900
21 366
24 177

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16231
₽41378
₽24334
-₽51945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
19 102
social contributions
-
-
-
11 172
total
-
-
-
30 274
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
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
106 553
38 377
13 230
30 274
After tax
-8 553
59 623
84 770
67 726
Living cost
43 392
43 392
43 392
43 392
Free-cash
-51 945
16 231
41 378
24 334

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24665
₽18888
₽23779
₽23668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
9 089
surtax
-
-
-
-
social contributions

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

-
-
-
34 055
total
-
-
-
43 144
Employee
45 567
-
79 191
-
surtax
-
-
-
-
social contributions
5 013
-
8 711
-
income
9 478
-
20 517
-
total
14 491
-
29 228
-
Employer
45 567
-
79 191
-
social contributions
10 822
-
18 807
-
total
10 822
-
18 807
-
Corporate
41 610
98 000
-
-
income
8 739
20 580
-
-
surtax
-
-
-
-
total
8 739
20 580
-
-
Dividends
32 871
77 420
-
-
withholding
9 203
21 678
-
-
total
9 203
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 255
42 258
48 035
43 144
After tax
54 745
55 742
49 965
54 856
Living cost
31 077
31 077
31 077
31 077
Free-cash
23 668
24 665
18 888
23 779

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1536
₽7565
₽8609
₽8348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 180
other
-
-
-
3 042
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
1 756
pensions
-
-
-
24 768
total
-
-
-
41 538
Employee
62 053
-
74 678
-
pensions
7 019
-
8 448
-
surtax
-
-
-
-
social contributions
1 767
-
2 128
-
income
5 414
-
8 684
-
total
14 200
-
19 260
-
Employer
62 053
-
74 678
-
health
4 343
-
5 227
-
pensions
10 196
-
12 270
-
unemployment
2 514
-
3 025
-
social contributions
186
-
224
-
other
2 142
-
2 576
-
total
19 381
-
23 322
-
Corporate
16 566
98 000
-
-
income
4 638
27 441
-
-
surtax
-
-
-
-
total
4 638
27 441
-
-
Dividends
11 928
70 559
-
-
surtax
-
-
-
-
social contributions
2 053
12 138
-
-
withholding
1 527
9 032
-
-
total
3 580
21 170
-
-
Income
98 000
98 000
98 000
98 000
Total tax
41 799
48 611
42 582
41 538
After tax
56 201
49 389
55 418
56 462
Living cost
47 853
47 853
47 853
47 853
Free-cash
8 348
1 536
7 565
8 609

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58419
₽47633
₽45030
₽55089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
1 628
social contributions
-
-
-
21 560
total
-
-
-
23 188
Employee
31 852
-
84 848
-
income
-
-
1 918
-
social contributions
2 070
-
5 515
-
total
2 070
-
7 433
-
Employer
31 852
-
84 848
-
social contributions
4 937
-
13 152
-
total
4 937
-
13 152
-
Corporate
61 211
98 000
-
-
income
6 122
9 799
-
-
total
6 122
9 799
-
-
Dividends
55 089
88 201
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
13 129
9 799
20 585
23 188
After tax
84 871
88 201
77 415
74 812
Living cost
29 782
29 782
29 782
29 782
Free-cash
55 089
58 419
47 633
45 030

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽117778
-₽117778
₽13153
-₽117778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
labour market
-
-
-
7 771
municipal
-
-
-
18 144
national
-
-
-
10 378
pensions
-
-
-
858
total
-
-
-
37 151
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
168 082
168 082
168 082
37 151
After tax
-70 082
-70 082
-70 082
60 849
Living cost
47 696
47 696
47 696
47 696
Free-cash
-117 778
-117 778
-117 778
13 153

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13795
₽28737
₽45543
₽4604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
253
income
-
-
-
23 740
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
30 724
Employee
34 188
-
83 513
-
pensions
3 850
-
7 650
-
income
4 690
-
15 831
-
health
3 915
-
9 562
-
total
12 455
-
33 043
-
Employer
34 188
-
83 513
-
pensions
5 559
-
11 047
-
accident
571
-
1 394
-
unemployment
838
-
2 046
-
total
6 968
-
14 487
-
Corporate
56 844
98 000
-
-
income

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

51 160
88 200
-
-
total
51 160
88 200
-
-
Dividends
5 684
9 800
-
-
withholding
1 080
1 862
-
-
total
1 080
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 663
90 062
47 530
30 724
After tax
26 337
7 938
50 470
67 276
Living cost
21 733
21 733
21 733
21 733
Free-cash
4 604
-13 795
28 737
45 543

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27204
₽17955
₽31672
₽24938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
health
-
-
-
1 096
municipal
-
-
-
17 442
national
-
-
-
9 752
total
-
-
-
28 290
Employee
52 126
-
82 442
-
municipal
8 538
-
13 462
-
unemployment
782
-
1 237
-
pensions
3 518
-
5 565
-
national
861
-
5 330
-
health
389
-
855
-
total
14 088
-
26 449
-
Employer
52 126
-
82 442
-
health
400
-
635
-
pensions
9 044
-
14 304
-
accident
53
-
83
-
unemployment
338
-
536
-
total
9 835
-
15 558
-
Corporate
36 039
98 000
-
-
income
7 209
19 601
-
-
total
7 209
19 601
-
-
Dividends

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

21 623
58 799
-
-
municipal
3 892
10 583
-
-
national
-
2 574
-
-
total
3 892
13 157
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 024
32 758
42 007
28 290
After tax
62 976
65 242
55 993
69 710
Living cost
38 038
38 038
38 038
38 038
Free-cash
24 938
27 204
17 955
31 672

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48804
₽46631
₽46728
₽43412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 546
social contributions
-
-
-
15 288
health
-
-
-
2 499
total
-
-
-
28 333
Employee
76 185
76 185
88 970
-
social contributions
2 880
6 323
7 385
-
income
8 295
7 052
10 503
-
health
590
1 295
1 512
-
total
11 765
14 670
19 400
-
Employer
76 185
76 185
88 970
-
health
641
1 410
1 645
-
social contributions
2 880
6 323
7 385
-
total
3 521
7 733
9 030
-
Corporate
59 774
14 082
-
-
income
7 472
1 760
-
-
total
7 472
1 760
-
-
Dividends
52 302
12 322
-
-
withholding
8 891
2 094
-
-
total
8 891
2 094
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 649
26 257
28 430
28 333
After tax
66 351
71 743
69 570
69 667
Living cost
22 939
22 939
22 939
22 939
Free-cash
43 412
48 804
46 631
46 728

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65424
₽44718
₽63016
₽60384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
98 000
income
-
-
-
9 339
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
19 254
Employee

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

22 741
-
88 849
-
unemployment
113
-
444
-
pensions
3 411
-
13 327
-
income
1 555
-
7 077
-
health
1 933
-
7 553
-
total
7 012
-
28 401
-
Employer

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

22 741
-
88 849
-
health
978
-
3 820
-
pensions
1 250
-
4 887
-
unemployment
113
-
444
-
total
2 341
-
9 151
-
Corporate
72 918
98 000
-
-
income
6 562
8 820
-
-
total
6 562
8 820
-
-
Dividends
66 356
89 180
-
-
withholding
5 971
8 026
-
-
total
5 971
8 026
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 886
16 846
37 552
19 254
After tax
76 114
81 154
60 448
78 746
Living cost
15 730
15 730
15 730
15 730
Free-cash
60 384
65 424
44 718
63 016

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38789
₽24678
₽25220
₽33590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
827
income
-
-
-
17 985
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
45 535
Employee
36 634
-
74 310
-
other
36
-
75
-
unemployment
568
-
1 153
-
pensions
1 722
-
3 493
-
income
7 063
-
17 667
-
total
9 389
-
22 388
-
Employer
36 634
-
74 310
-
pensions
8 645
-
17 536
-
accident
726
-
1 472
-
unemployment
2 016
-
4 087
-
other
293
-
594
-
total
11 680
-
23 689
-
Corporate
49 686
98 000
-
-
income

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

7 453
14 699
-
-
total
7 453
14 699
-
-
Dividends
42 233
83 301
-
-
withholding
8 643
17 267
-
-
total
8 643
17 267
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 165
31 966
46 077
45 535
After tax
60 835
66 034
51 923
52 465
Living cost
27 245
27 245
27 245
27 245
Free-cash
33 590
38 789
24 678
25 220

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59209
₽60478
₽60616
₽58890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 997
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
35 441
Employee
2 959
-
96 406
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
32 922
-
health
148
-
354
-
total
1 016
-
33 985
-
Employer
2 959
-
96 406
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
94 376
98 000
-
-
income
20 763
21 560
-
-
total
20 763
21 560
-
-
Dividends
73 613
76 440
-
-
withholding
14 723
15 288
-
-
total
14 723
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 167
36 848
35 579
35 441
After tax
60 833
61 152
62 421
62 559
Living cost
1 943
1 943
1 943
1 943
Free-cash
58 890
59 209
60 478
60 616

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53665
₽34573
₽34571
₽48789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
income
-
-
-
18 602
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
46 289
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.

25 846
-
84 889
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
18 602
-
health
1 331
-
3 772
-
total
8 706
-
33 177
-
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.

25 846
-
84 889
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
67 528
98 000
-
-
income
10 129
14 700
-
-
total
10 129
14 700
-
-
Dividends
57 399
83 300
-
-
withholding
8 610
12 495
-
-
total
8 610
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 071
27 195
46 287
46 289
After tax
65 929
70 805
51 713
51 711
Living cost
17 140
17 140
17 140
17 140
Free-cash
48 789
53 665
34 573
34 571

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
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.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29032
₽23255
₽28146
₽28676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
9 089
surtax
-
-
-
-
social contributions

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

-
-
-
34 055
total
-
-
-
43 144
Employee
38 454
-
79 191
-
surtax
-
-
-
-
social contributions
4 230
-
8 711
-
income
7 514
-
20 517
-
total
11 744
-
29 228
-
Employer
38 454
-
79 191
-
social contributions
9 132
-
18 807
-
total
9 132
-
18 807
-
Corporate
50 414
98 000
-
-
income
10 587
20 580
-
-
surtax
-
-
-
-
total
10 587
20 580
-
-
Dividends
39 827
77 420
-
-
withholding
11 151
21 678
-
-
total
11 151
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 614
42 258
48 035
43 144
After tax
55 386
55 742
49 965
54 856
Living cost
26 710
26 710
26 710
26 710
Free-cash
28 676
29 032
23 255
28 146

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
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.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31214
₽17103
₽17645
₽23656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
827
income
-
-
-
17 985
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
45 535
Employee
47 849
-
74 310
-
other
47
-
75
-
unemployment
741
-
1 153
-
pensions
2 249
-
3 493
-
income
9 994
-
17 667
-
total
13 031
-
22 388
-
Employer
47 849
-
74 310
-
pensions
11 292
-
17 536
-
accident
948
-
1 472
-
unemployment
2 632
-
4 087
-
other
384
-
594
-
total
15 256
-
23 689
-
Corporate
34 895
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.

5 234
14 699
-
-
total
5 234
14 699
-
-
Dividends
29 661
83 301
-
-
withholding
6 003
17 267
-
-
total
6 003
17 267
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 524
31 966
46 077
45 535
After tax
58 476
66 034
51 923
52 465
Living cost
34 820
34 820
34 820
34 820
Free-cash
23 656
31 214
17 103
17 645

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66746
₽60032
₽57016
₽60709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 700
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
23 940
Employee
22 568
-
91 210
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
9 121
-
health
1 038
-
1 592
-
total
5 524
-
14 133
-
Employer
22 568
-
91 210
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
71 004
98 000
-
-
income
7 100
9 800
-
-
total
7 100
9 800
-
-
Dividends
63 903
88 200
-
-
withholding
3 195
4 410
-
-
total
3 195
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
20 247
14 210
20 924
23 940
After tax
77 753
83 790
77 076
74 060
Living cost
17 044
17 044
17 044
17 044
Free-cash
60 709
66 746
60 032
57 016

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12311
₽31652
₽24199
₽25269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
20 217
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.

-
-
-
1 111
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.

-
-
-
6 769
trade
-
-
-
7 453
total
-
-
-
35 550
Employee

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

49 297
-
98 000
-
surtax

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

224
-
1 111
-
income

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

4 054
-
20 217
-
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.

6 769
-
6 769
-
total
11 047
-
28 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 703
98 000
-
-
income
7 306
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.

402
808
-
-
chamber of commerce
222
293
-
-
trade
6 989
14 064
-
-
total
14 919
29 864
-
-
Dividends
33 784
68 136
-
-
surtax

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

444
916
-
-
withholding
8 070
16 658
-
-
total
8 514
17 574
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 480
47 438
28 097
35 550
After tax
63 520
50 562
69 903
62 450
Living cost
38 251
38 251
38 251
38 251
Free-cash
25 269
12 311
31 652
24 199

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12162
₽10045
₽10045
₽14349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 823
social contributions
-
-
-
8 694
total
-
-
-
31 517
Employee
77 500
-
98 000
-
income
14 624
-
22 823
-
social contributions
6 439
-
8 694
-
total
21 063
-
31 517
-
Employer
77 500
-
98 000
-
total
-
-
-
-
Corporate
20 500
98 000
-
-
income
2 563
12 249
-
-
total
2 563
12 249
-
-
Dividends
17 938
85 751
-
-
withholding
3 587
17 151
-
-
total
3 587
17 151
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 213
29 400
31 517
31 517
After tax
70 787
68 600
66 483
66 483
Living cost
56 438
56 438
56 438
56 438
Free-cash
14 349
12 162
10 045
10 045

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22501
₽35990
₽27803
₽26516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 000
income
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
93 442
-
income
4 932
-
16 929
-
social contributions
4 554
-
4 558
-
total
9 486
-
21 487
-
Employer
45 450
-
93 442
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
47 996
98 000
-
-
income
16 799
34 300
-
-
total
16 799
34 300
-
-
Dividends
31 197
63 700
-
-
social contributions
4 680
5 234
-
-
total
4 680
5 234
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 519
39 534
26 045
34 232
After tax
62 481
58 466
71 955
63 768
Living cost
35 965
35 965
35 965
35 965
Free-cash
26 516
22 501
35 990
27 803

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35674
₽24752
₽34145
₽31206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 032
pensions
-
-
-
7 171
total
-
-
-
27 203
Employee
50 310
-
86 309
-
pensions
3 840
-
8 160
-
income
9 162
-
15 351
-
health
656
-
1 393
-
total
13 658
-
24 904
-
Employer
50 310
-
86 309
-
health
956
-
1 641
-
pensions
5 083
-
10 051
-
total
6 039
-
11 692
-
Corporate
41 650
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.

7 915
18 619
-
-
total
7 915
18 619
-
-
Dividends
33 736
79 381
-
-
withholding
2 530
7 055
-
-
total
2 530
7 055
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 142
25 674
36 596
27 203
After tax
67 858
72 326
61 404
70 797
Living cost
36 652
36 652
36 652
36 652
Free-cash
31 206
35 674
24 752
34 145

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15947
₽26585
₽43391
₽4274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
253
income
-
-
-
23 740
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
30 724
Employee
37 572
-
83 513
-
pensions
4 231
-
7 650
-
income
5 155
-
15 831
-
health
4 302
-
9 562
-
total
13 688
-
33 043
-
Employer
37 572
-
83 513
-
pensions
6 109
-
11 047
-
accident
627
-
1 394
-
unemployment
920
-
2 046
-
total
7 656
-
14 487
-
Corporate
52 771
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.

47 494
88 200
-
-
total
47 494
88 200
-
-
Dividends
5 277
9 800
-
-
withholding
1 003
1 862
-
-
total
1 003
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
69 841
90 062
47 530
30 724
After tax
28 159
7 938
50 470
67 276
Living cost
23 885
23 885
23 885
23 885
Free-cash
4 274
-15 947
26 585
43 391

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69083
₽47828
₽42666
₽65098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
15 000
unemployment
-
-
-
1 176
work injury
-
-
-
490
health insurance
-
-
-
7 252
pensions
-
-
-
18 032
total
-
-
-
41 950
Employee

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

21 414
-
98 000
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
15 000
-
total
8 030
-
36 788
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 586
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
76 586
97 020
-
-
withholding
11 488
14 553
-
-
total
11 488
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 518
15 533
36 788
41 950
After tax
78 482
82 467
61 212
56 050
Living cost
13 384
13 384
13 384
13 384
Free-cash
65 098
69 083
47 828
42 666

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12150
₽5497
₽9980
₽7643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 205
regional
-
-
-
1 947
municipal
-
-
-
654
national
-
-
-
20 744
total
-
-
-
48 550
Employee
83 488
-
98 000
-
municipal
498
-
585
-
national
14 109
-
17 764
-
regional
1 260
-
1 638
-
social contributions
28 152
-
33 046
-
total
44 019
-
53 033
-
Employer
83 488
-
98 000
-
total
-
-
-
-
Corporate
14 512
98 000
-
-
municipal
699
4 723
-
-
nationa
3 482
23 521
-
-
total
4 181
28 244
-
-
Dividends
10 331
69 756
-
-
withholding
2 687
18 136
-
-
total
2 687
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 887
46 380
53 033
48 550
After tax
47 113
51 620
44 967
49 450
Living cost
39 470
39 470
39 470
39 470
Free-cash
7 643
12 150
5 497
9 980

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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