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
₽31904
₽21765
₽41168
₽32445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
8 723
income

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

-
-
-
21 614
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.

-
-
-
6 263
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.

-
-
-
1 188
total
-
-
-
37 788
Employee

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

35 063
-
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.

54
-
1 188
-
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.

6 263
-
6 263
-
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.

979
-
21 614
-
total
7 296
-
29 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 937
98 000
-
-
trade
9 913
15 434
-
-
income
9 441
14 700
-
-
surtax

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

518
809
-
-
chamber of commerce
230
280
-
-
total
20 102
31 223
-
-
Dividends
42 835
66 776
-
-
withholding
10 360
16 346
-
-
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.

571
899
-
-
total
10 931
17 245
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 329
48 468
29 065
37 788
After tax
59 671
49 532
68 935
60 212
Living cost
27 767
27 767
27 767
27 767
Free-cash
31 904
21 765
41 168
32 445

Estimated living cost  is ₽27767 per week

₽17466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12341
₽13139
₽11812
₽11045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
1 053
pensions
-
-
-
11 760
municipal
-
-
-
10 248
national
-
-
-
15 881
total
-
-
-
38 942
Employee
74 430
-
84 720
-
national
14 246
-
16 469
-
municipal
9 193
-
10 628
-
pensions
2 977
-
3 389
-
total
26 416
-
30 486
-
Employer
74 430
-
84 720
-
pensions
5 954
-
6 778
-
social contributions
800
-
911
-
total
6 754
-
7 689
-
Corporate
11 903
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%.

2 381
19 600
-
-
total
2 381
19 600
-
-
Dividends
9 523
78 400
-
-
withholding
2 095
17 248
-
-
total
2 095
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 646
36 848
38 175
38 942
After tax
60 354
61 152
59 825
59 058
Living cost
48 013
48 013
48 013
48 013
Free-cash
12 341
13 139
11 812
11 045

Estimated living cost  is ₽48013 per week

₽32634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51809
₽59329
₽36092
₽33172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
social contributions

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

-
-
-
31 507
income
-
-
-
14 249
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
45 756
Employee
26 787
-
78 975
-
surtax
-
-
-
-
social contributions

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

2 947
-
8 688
-
income
4 768
-
15 123
-
total
7 715
-
23 811
-
Employer
26 787
-
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.

6 452
-
19 025
-
surtax
-
-
-
-
total
6 452
-
19 025
-
Corporate
64 760
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%.

12 952
19 599
-
-
total
12 952
19 599
-
-
Dividends

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

51 808
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 119
19 599
42 836
45 756
After tax
70 881
78 401
55 164
52 244
Living cost
19 072
19 072
19 072
19 072
Free-cash
51 809
59 329
36 092
33 172

Estimated living cost  is ₽19072 per week

₽12167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3554
₽9171
₽10927
₽17228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 324
pensions
-
-
-
10 741
health
-
-
-
11 304
total
-
-
-
42 369
Employee
78 286
78 286
83 397
-
health
12 016
10 221
10 511
-
pensions
14 091
10 741
10 741
-
income

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

12 814
12 814
12 814
-
total
38 921
33 776
34 066
-
Employer
78 286
78 286
83 397
-
pensions
5 449
5 449
5 804
-
unemployment
2 818
2 818
3 003
-
health
5 442
5 442
5 797
-
total
13 709
13 709
14 604
-
Corporate
6 966
6 006
-
-
income
1 393
1 200
-
-
total
1 393
1 200
-
-
Dividends
5 573
4 805
-
-
withholding
835
720
-
-
income
1 185
1 021
-
-
total
2 020
1 741
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 043
50 426
48 670
42 369
After tax
41 957
47 574
49 330
55 631
Living cost
38 403
38 403
38 403
38 403
Free-cash
3 554
9 171
10 927
17 228

Estimated living cost  is ₽38403 per week

₽27216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13978
₽14845
₽13670
₽12887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
9 846
unemployment
-
-
-
85
pensions
-
-
-
9 160
municipal
-
-
-
21 903
accident
-
-
-
169
national
-
-
-
-
health
-
-
-
5 287
total
-
-
-
46 450
Employee
55 091
-
74 570
-
national
-
-
-
-
municipal
16 428
-
22 237
-
total
16 428
-
22 237
-
Employer
55 091
-
74 570
-
other
6 402
-
8 665
-
accident
110
-
149
-
pensions
5 955
-
8 061
-
unemployment
1 454
-
1 969
-
health
3 388
-
4 586
-
total
17 309
-
23 430
-
Corporate
25 599
98 000
-
-
income
5 632
21 560
-
-
total
5 632
21 560
-
-
Dividends
19 967
76 440
-
-
withholding
5 990
22 932
-
-
total
5 990
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 359
44 492
45 667
46 450
After tax
52 641
53 508
52 333
51 550
Living cost
38 663
38 663
38 663
38 663
Free-cash
13 978
14 845
13 670
12 887

Estimated living cost  is ₽38663 per week

₽25624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25896
₽13015
₽32922
₽23813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
9 109
income

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

-
-
-
21 614
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.

-
-
-
6 263
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.

-
-
-
1 188
total
-
-
-
38 174
Employee

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

46 490
-
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.

219
-
1 188
-
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.

6 263
-
6 263
-
income

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

3 994
-
21 614
-
total
10 476
-
29 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 510
98 000
-
-
trade
8 474
16 122
-
-
income
7 726
14 700
-
-
surtax

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

424
809
-
-
chamber of commerce
212
278
-
-
total
16 836
31 909
-
-
Dividends
34 674
66 091
-
-
withholding
8 321
16 174
-
-
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.

458
889
-
-
total
8 779
17 063
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 091
48 972
29 065
38 174
After tax
61 909
49 028
68 935
59 826
Living cost
36 013
36 013
36 013
36 013
Free-cash
25 896
13 015
32 922
23 813

Estimated living cost  is ₽36013 per week

₽24086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38164
₽41964
₽38825
₽39243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 833
income
-
-
-
11 692
health
-
-
-
2 498
total
-
-
-
29 023
Employee
70 493
70 493
88 969
-
health
701
1 199
1 512
-
social contributions
3 425
5 851
7 385
-
income
7 402
6 526
11 513
-
total
11 528
13 576
20 410
-
Employer
70 493
70 493
88 969
-
social contributions
3 425
5 851
7 385
-
health
764
1 305
1 646
-
total
4 189
7 156
9 031
-
Corporate
52 548
20 352
-
-
income
6 569
2 543
-
-
total
6 569
2 543
-
-
Dividends
45 979
17 809
-
-
withholding
7 816
3 027
-
-
total
7 816
3 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 102
26 302
29 441
29 023
After tax
67 898
71 698
68 559
68 977
Living cost
29 734
29 734
29 734
29 734
Free-cash
38 164
41 964
38 825
39 243

Estimated living cost  is ₽29734 per week

₽20326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38312
₽37952
₽39566
₽50646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
unemployment
-
-
-
1 470
income
-
-
-
11 980
pensions
-
-
-
9 800
health
-
-
-
6 860
total
-
-
-
30 110
Employee

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

The minimum wage is 138,000 HUF per month.

24 892
9 906
82 008
-
unemployment
373
149
1 230
-
health
1 742
693
5 741
-
pensions
2 489
991
8 201
-
income
3 043
1 211
10 026
-
total
7 647
3 044
25 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 892
9 906
82 008
-
pensions
4 854
1 932
15 992
-
total
4 854
1 932
15 992
-
Corporate
68 255
86 162
-
-
income
6 143
7 755
-
-
total
6 143
7 755
-
-
Dividends
62 112
78 407
-
-
withholding
11 801
14 897
-
-
social contributions
11 999
15 176
-
-
total
23 800
30 073
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 444
42 804
41 190
30 110
After tax
55 556
55 196
56 810
67 890
Living cost
17 244
17 244
17 244
17 244
Free-cash
38 312
37 952
39 566
50 646

Estimated living cost  is ₽17244 per week

₽11767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50561
₽56258
₽34343
₽30385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
13 133
pensions
-
-
-
19 599
health
-
-
-
12 740
total
-
-
-
45 472
Employee
26 006
-
73 244
-
unemployment
416
-
1 173
-
pensions
520
-
1 465
-
income
2 928
-
14 121
-
total
3 864
-
16 759
-
Employer
26 006
-
73 244
-
pensions
5 202
-
14 648
-
unemployment
209
-
586
-
health
3 380
-
9 521
-
total
8 791
-
24 755
-
Corporate
63 203
98 000
-
-
income
12 641
19 599
-
-
total
12 641
19 599
-
-
Dividends
50 562
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 296
19 599
41 514
45 472
After tax
72 704
78 401
56 486
52 528
Living cost
22 143
22 143
22 143
22 143
Free-cash
50 561
56 258
34 343
30 385

Estimated living cost  is ₽22143 per week

₽15187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4785
-₽12613
₽30342
₽46682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
24 261
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
30 767
Employee
32 328
-
84 238
-
health
3 702
-
9 645
-
pensions
3 640
-
7 127
-
income
4 435
-
16 572
-
total
11 777
-
33 344
-
Employer
32 328
-
84 238
-
accident
540
-
1 407
-
pensions
5 257
-
10 292
-
unemployment
792
-
2 064
-
total
6 589
-
13 763
-
Corporate
59 084
98 000
-
-
income

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

53 175
88 200
-
-
total
53 175
88 200
-
-
Dividends
5 909
9 800
-
-
withholding
1 123
1 862
-
-
total
1 123
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 664
90 062
47 107
30 767
After tax
25 336
7 938
50 893
67 233
Living cost
20 551
20 551
20 551
20 551
Free-cash
4 785
-12 613
30 342
46 682

Estimated living cost  is ₽20551 per week

₽15062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84252
₽85649
₽70949
₽89569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
9 314
-
98 000
-
income
1 863
-
19 600
-
total
1 863
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 686
98 000
-
-
total
-
-
-
-
Dividends
88 686
98 000
-
-
withholding
4 434
4 900
-
-
total
4 434
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 297
4 900
19 600
980
After tax
91 703
93 100
78 400
97 020
Living cost
7 451
7 451
7 451
7 451
Free-cash
84 252
85 649
70 949
89 569

Estimated living cost  is ₽7451 per week

₽4618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41385
₽47574
₽32639
₽28587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
4 655
income
-
-
-
12 498
pensions

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

-
-
-
23 520
health
-
-
-
4 313
total
-
-
-
44 986
Employee
33 286
-
78 276
-
unemployment
332
-
783
-
health
466
-
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.

2 329
-
5 480
-
income
5 731
-
13 850
-
total
8 858
-
21 209
-
Employer
33 286
-
78 276
-
other
1 665
-
3 913
-
accident
266
-
626
-
pensions

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

5 659
-
13 307
-
unemployment
332
-
783
-
health
466
-
1 096
-
total
8 388
-
19 725
-
Corporate
56 326
98 000
-
-
income
11 828
20 580
-
-
total
11 828
20 580
-
-
Dividends
44 497
77 420
-
-
withholding
3 114
5 419
-
-
total
3 114
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 188
25 999
40 934
44 986
After tax
65 812
72 001
57 066
53 014
Living cost
24 427
24 427
24 427
24 427
Free-cash
41 385
47 574
32 639
28 587

Estimated living cost  is ₽24427 per week

₽17259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽241
₽10111
₽143
₽8922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 433
pensions
-
-
-
6 930
total
-
-
-
28 363
Employee
85 902
-
86 182
-
health
1 416
-
1 422
-
pensions
8 287
-
8 321
-
income
15 485
-
15 581
-
total
25 188
-
25 324
-
Employer
85 902
-
86 182
-
pensions
10 143
-
10 181
-
health
1 631
-
1 637
-
total
11 774
-
11 818
-
Corporate
323
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.

62
18 620
-
-
total
62
18 620
-
-
Dividends
261
79 380
-
-
withholding
20
8 554
-
-
total
20
8 554
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 044
27 174
37 142
28 363
After tax
60 956
70 826
60 858
69 637
Living cost
60 715
60 715
60 715
60 715
Free-cash
241
10 111
143
8 922

Estimated living cost  is ₽60715 per week

₽45495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67707
₽71914
₽66156
₽62976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
unemployment
-
-
-
127
income
-
-
-
14 700
pensions

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

-
-
-
4 683
health
-
-
-
3 638
total
-
-
-
23 148
Employee
15 725
-
91 793
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
health
723
-
1 455
-
pensions

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

1 381
-
2 778
-
income
1 572
-
9 180
-
total
3 849
-
13 761
-
Employer
15 725
-
91 793
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
pensions

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

1 733
-
3 486
-
unemployment
94
-
190
-
health
1 085
-
2 183
-
total
3 085
-
6 207
-
Corporate
79 189
98 000
-
-
income
7 919
9 800
-
-
total
7 919
9 800
-
-
Dividends
71 270
88 200
-
-
withholding
3 564
4 410
-
-
total
3 564
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 417
14 210
19 968
23 148
After tax
79 583
83 790
78 032
74 852
Living cost
11 876
11 876
11 876
11 876
Free-cash
67 707
71 914
66 156
62 976

Estimated living cost  is ₽11876 per week

₽6933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1873
-₽3260
-₽1504
₽4797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 324
pensions
-
-
-
10 741
health
-
-
-
11 304
total
-
-
-
42 369
Employee
84 993
78 286
83 397
-
health
10 603
10 221
10 511
-
pensions
10 741
10 741
10 741
-
income

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

12 814
12 814
12 814
-
total
34 158
33 776
34 066
-
Employer
84 993
78 286
83 397
-
pensions
5 915
5 449
5 804
-
unemployment
3 060
2 818
3 003
-
health
5 906
5 442
5 797
-
total
14 881
13 709
14 604
-
Corporate
-
6 006
-
-
income
-
1 200
-
-
total
-
1 200
-
-
Dividends
-
4 805
-
-
withholding
-
720
-
-
income
-
1 021
-
-
total
-
1 741
-
-
Income
98 000
98 000
98 000
98 000
Total tax
49 039
50 426
48 670
42 369
After tax
48 961
47 574
49 330
55 631
Living cost
50 834
50 834
50 834
50 834
Free-cash
-1 873
-3 260
-1 504
4 797

Estimated living cost  is ₽50834 per week

₽37499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36497
₽44641
₽26899
₽24899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
33 576
-
73 134
-
solidarity contribution
-
-
-
-
health
4 533
-
9 873
-
social contributions
2 182
-
4 754
-
income
4 029
-
8 776
-
total
10 744
-
23 403
-
Employer
33 576
-
73 134
-
social contributions
8 394
-
18 284
-
health
3 022
-
6 582
-
total
11 416
-
24 866
-
Corporate
53 008
98 000
-
-
income
10 071
18 620
-
-
total
10 071
18 620
-
-
Dividends
42 936
79 380
-
-
withholding
6 440
11 907
-
-
total
6 440
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 671
30 527
48 269
50 269
After tax
59 329
67 473
49 731
47 731
Living cost
22 832
22 832
22 832
22 832
Free-cash
36 497
44 641
26 899
24 899

Estimated living cost  is ₽22832 per week

₽15859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8818
₽13604
₽6513
₽11177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 092
social contributions
-
-
-
25 206
municipal
-
-
-
583
national
-
-
-
21 259
total
-
-
-
48 140
Employee
81 474
-
98 000
-
national
14 118
-
18 281
-
regional
769
-
958
-
municipal
431
-
520
-
social contributions
27 473
-
33 045
-
total
42 791
-
52 804
-
Employer
81 474
-
98 000
-
total
-
-
-
-
Corporate
16 526
98 000
-
-
nationa
3 966
23 520
-
-
municipal
644
3 822
-
-
total
4 610
27 342
-
-
Dividends
11 916
70 657
-
-
withholding
3 098
18 371
-
-
total
3 098
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 499
45 713
52 804
48 140
After tax
47 501
52 287
45 196
49 860
Living cost
38 683
38 683
38 683
38 683
Free-cash
8 818
13 604
6 513
11 177

Estimated living cost  is ₽38683 per week

₽26965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38560
₽41414
₽27635
₽29394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
19 182
pensions
-
-
-
19 599
health
-
-
-
6 957
surtax
-
-
-
2 430
total
-
-
-
48 377
Employee
30 316
-
80 960
-
surtax
99
-
2 194
-
unemployment
2 110
-
5 635
-
other
-
-
-
-
health
774
-
2 065
-
pensions
2 022
-
5 400
-
income
5 082
-
17 802
-
total
10 087
-
33 096
-
Employer
30 316
-
80 960
-
other
-
-
-
-
pensions
4 041
-
10 791
-
unemployment
960
-
2 566
-
health
1 380
-
3 683
-
total
6 381
-
17 040
-
Corporate
61 303
98 000
-
-
income
15 939
25 479
-
-
total
15 939
25 479
-
-
Dividends
45 364
72 521
-
-
withholding
6 804
10 878
-
-
total
6 804
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 211
36 357
50 136
48 377
After tax
58 789
61 643
47 864
49 623
Living cost
20 229
20 229
20 229
20 229
Free-cash
38 560
41 414
27 635
29 394

Estimated living cost  is ₽20229 per week

₽12369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24803
₽29347
₽19379
₽28158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 433
pensions
-
-
-
6 930
total
-
-
-
28 363
Employee
57 570
-
86 182
-
health
836
-
1 422
-
pensions
4 886
-
8 321
-
income
10 369
-
15 581
-
total
16 091
-
25 324
-
Employer
57 570
-
86 182
-
pensions
6 232
-
10 181
-
health
1 094
-
1 637
-
total
7 326
-
11 818
-
Corporate
33 105
98 000
-
-
income

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

6 290
18 620
-
-
total
6 290
18 620
-
-
Dividends
26 815
79 380
-
-
withholding
2 011
8 554
-
-
total
2 011
8 554
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 718
27 174
37 142
28 363
After tax
66 282
70 826
60 858
69 637
Living cost
41 479
41 479
41 479
41 479
Free-cash
24 803
29 347
19 379
28 158

Estimated living cost  is ₽41479 per week

₽31076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2511
-₽29125
₽2909
₽7793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other

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

-
-
-
1 960
city
-
-
-
1 033
regional
-
-
-
3 392
pensions
-
-
-
9 014
national
-
-
-
630
health
-
-
-
241
total
-
-
-
16 270
Employee
86 525
-
87 715
-
national
410
-
429
-
unemployment
-
-
-
-
city
929
-
942
-
regional
2 833
-
2 898
-
health
196
-
197
-
pensions
7 269
-
7 368
-
total
11 637
-
11 834
-
Employer
86 525
-
87 715
-
other

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

1 730
-
1 755
-
pensions
7 269
-
7 368
-
unemployment
-
-
-
-
health
196
-
197
-
total
9 195
-
9 320
-
Corporate
1 329
98 000
-
-
regional
281
20 727
-
-
national
112
8 331
-
-
total
393
29 058
-
-
Dividends
936
68 942
-
-
withholding
327
24 130
-
-
total
327
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 552
53 188
21 154
16 270
After tax
76 448
44 812
76 846
81 730
Living cost
73 937
73 937
73 937
73 937
Free-cash
2 511
-29 125
2 909
7 793

Estimated living cost  is ₽73937 per week

₽48080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽908
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21392
₽6528
₽26939
₽17442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
9 497
income

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

-
-
-
21 614
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.

-
-
-
6 263
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.

-
-
-
1 188
total
-
-
-
38 562
Employee

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

55 094
-
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.

357
-
1 188
-
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.

6 263
-
6 263
-
income

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

6 479
-
21 614
-
total
13 099
-
29 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 906
98 000
-
-
trade
7 359
16 807
-
-
income
6 435
14 700
-
-
surtax

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

353
809
-
-
chamber of commerce
200
277
-
-
total
14 347
32 593
-
-
Dividends
28 559
65 407
-
-
withholding
6 792
16 003
-
-
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.

374
880
-
-
total
7 166
16 883
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 612
49 476
29 065
38 562
After tax
63 388
48 524
68 935
59 438
Living cost
41 996
41 996
41 996
41 996
Free-cash
21 392
6 528
26 939
17 442

Estimated living cost  is ₽41996 per week

₽30672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23442
₽18027
₽29491
₽24887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
3 043
social contributions
-
-
-
2 792
income
-
-
-
10 227
pensions
-
-
-
23 524
health
-
-
-
2 162
surtax
-
-
-
-
total
-
-
-
41 748
Employee
39 235
-
79 267
-
surtax
-
-
-
-
pensions
4 436
-
3 994
-
social contributions
1 119
-
2 258
-
income
2 316
-
12 160
-
total
7 871
-
18 412
-
Employer
39 235
-
79 267
-
other
1 353
-
2 735
-
pensions
6 446
-
7 001
-
unemployment
1 588
-
3 210
-
social contributions
118
-
238
-
health
2 747
-
5 548
-
total
12 252
-
18 732
-
Corporate
46 513
98 000
-
-
income
13 023
27 440
-
-
surtax
-
-
-
-
total
13 023
27 440
-
-
Dividends
33 489
70 560
-
-
withholding
4 287
9 032
-
-
social contributions
5 760
12 136
-
-
surtax
-
-
-
-
total
10 047
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 193
48 608
37 144
41 748
After tax
54 807
49 392
60 856
56 252
Living cost
31 365
31 365
31 365
31 365
Free-cash
23 442
18 027
29 491
24 887

Estimated living cost  is ₽31365 per week

₽19777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽26228
₽21135
₽32599
₽27995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
3 043
social contributions
-
-
-
2 792
income
-
-
-
10 227
pensions
-
-
-
23 524
health
-
-
-
2 162
surtax
-
-
-
-
total
-
-
-
41 748
Employee
35 023
-
79 267
-
surtax
-
-
-
-
pensions
3 961
-
3 994
-
social contributions
999
-
2 258
-
income
1 806
-
12 160
-
total
6 766
-
18 412
-
Employer
35 023
-
79 267
-
other
1 209
-
2 735
-
pensions
5 755
-
7 001
-
unemployment
1 418
-
3 210
-
social contributions
104
-
238
-
health
2 451
-
5 548
-
total
10 937
-
18 732
-
Corporate
52 040
98 000
-
-
income
14 572
27 440
-
-
surtax
-
-
-
-
total
14 572
27 440
-
-
Dividends
37 468
70 560
-
-
withholding
4 796
9 032
-
-
social contributions
6 444
12 136
-
-
surtax
-
-
-
-
total
11 240
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 515
48 608
37 144
41 748
After tax
54 485
49 392
60 856
56 252
Living cost
28 257
28 257
28 257
28 257
Free-cash
26 228
21 135
32 599
27 995

Estimated living cost  is ₽28257 per week

₽16388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40827
₽40350
₽43340
₽43497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
13 524
income
-
-
-
14 700
health
-
-
-
6 840
total
-
-
-
35 064
Employee
31 083
-
98 000
-
health
2 169
-
6 840
-
social contributions
4 290
-
13 524
-
income
5 184
-
14 857
-
total
11 643
-
35 221
-
Employer
31 083
-
98 000
-
total
-
-
-
-
Corporate
66 917
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%.

3 345
4 901
-
-
total
3 345
4 901
-
-
Dividends
63 572
93 099
-
-
health
4 438
6 498
-
-
withholding
9 535
13 964
-
-
social contributions
8 773
12 848
-
-
total
22 746
33 310
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 734
38 211
35 221
35 064
After tax
60 266
59 789
62 779
62 936
Living cost
19 439
19 439
19 439
19 439
Free-cash
40 827
40 350
43 340
43 497

Estimated living cost  is ₽19439 per week

₽13009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21109
₽22529
-₽3384
₽16803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
chamber of commerce
-
-
-
391
unemployment
-
-
-
5 623
income
-
-
-
17 075
pensions
-
-
-
18 129
health
-
-
-
7 496
surtax
-
-
-
181
total
-
-
-
48 895
Employee
45 814
36 533
75 957
-
unemployment
1 374
1 096
2 279
-
other
458
365
760
-
health
1 773
1 414
2 940
-
pensions
4 692
3 740
7 778
-
income
5 216
2 695
15 163
-
total
13 513
9 310
28 920
-
Employer
45 814
36 533
75 957
-
payroll
1 374
1 096
2 279
-
other
2 176
1 734
3 608
-
accident
595
475
988
-
pensions
5 750
4 586
9 532
-
unemployment
1 374
1 096
2 279
-
chamber of commerce
183
146
304
-
surtax
181
181
181
-
health
1 731
1 381
2 870
-
total
13 364
10 695
22 041
-
Corporate
38 821
50 771
72 479
-
income

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

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

9 706
12 693
18 121
-
total
9 706
12 693
18 121
-
Dividends
29 116
38 078
-
-
withholding
8 006
10 471
-
-
total
8 006
10 471
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 589
43 169
69 082
48 895
After tax
53 411
54 831
28 918
49 105
Living cost
32 302
32 302
32 302
32 302
Free-cash
21 109
22 529
-3 384
16 803

Estimated living cost  is ₽32302 per week

₽21544
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.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7765
₽21517
₽4398
₽11832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
15 629
national
-
-
-
32 172
communal

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

-
-
-
4 942
total
-
-
-
52 743
Employee

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

65 575
-
75 904
-
national
20 160
-
24 200
-
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.

571
-
661
-
health

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

3 081
-
3 568
-
pensions

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

4 918
-
5 692
-
communal

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

3 420
-
3 960
-
total
32 150
-
38 081
-
Employer

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

65 575
-
75 904
-
accident

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

852
-
986
-
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.

5 811
-
6 726
-
unemployment

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

957
-
1 108
-
surtax
7 435
-
8 608
-
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.

4 033
-
4 668
-
total
19 088
-
22 096
-
Corporate
13 338
98 000
-
-
income
2 667
19 599
-
-
surtax
54
391
-
-
total
2 721
19 990
-
-
Dividends
10 617
78 009
-
-
withholding

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

2 851
23 068
-
-
total
2 851
23 068
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 810
43 058
60 177
52 743
After tax
41 190
54 942
37 823
45 257
Living cost
33 425
33 425
33 425
33 425
Free-cash
7 765
21 517
4 398
11 832

Estimated living cost  is ₽33425 per week

₽21530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
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.
₽8450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25605
₽32909
₽18212
₽20052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
19 350
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
44 841
Employee
45 633
-
74 311
-
unemployment
708
-
1 152
-
other
45
-
75
-
pensions
2 145
-
3 493
-
income
9 628
-
18 271
-
total
12 526
-
22 991
-
Employer
45 633
-
74 311
-
other
364
-
593
-
accident
903
-
1 472
-
pensions
10 769
-
17 538
-
unemployment
2 510
-
4 087
-
total
14 546
-
23 690
-
Corporate
37 822
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.

5 673
14 700
-
-
total
5 673
14 700
-
-
Dividends
32 149
83 300
-
-
withholding
6 543
17 284
-
-
total
6 543
17 284
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 288
31 984
46 681
44 841
After tax
58 712
66 016
51 319
53 159
Living cost
33 107
33 107
33 107
33 107
Free-cash
25 605
32 909
18 212
20 052

Estimated living cost  is ₽33107 per week

₽24380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3389
₽9940
₽9619
₽5414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 313
pensions
-
-
-
14 690
accident
-
-
-
826
communal
-
-
-
6 193
health
-
-
-
6 886
surtax
-
-
-
4 859
total
-
-
-
42 767
Employee
69 424
-
87 538
-
surtax
4 255
-
5 365
-
health
3 090
-
3 895
-
pensions
5 553
-
7 002
-
income
6 706
-
11 840
-
total
19 604
-
28 102
-
Employer
69 424
-
87 538
-
accident
625
-
788
-
pensions
5 553
-
7 002
-
health
2 117
-
2 670
-
total
8 295
-
10 460
-
Corporate
20 282
98 000
-
-
income
3 043
14 700
-
-
communal
-
6 614
-
-
surtax
212
1 030
-
-
total
3 255
22 344
-
-
Dividends
17 027
75 656
-
-
withholding
2 554
11 348
-
-
income
11 084
4 549
-
-
total
13 638
15 897
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 792
38 241
38 562
42 767
After tax
53 208
59 759
59 438
55 233
Living cost
49 819
49 819
49 819
49 819
Free-cash
3 389
9 940
9 619
5 414

Estimated living cost  is ₽49819 per week

₽37372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38135
₽41052
₽27273
₽29032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
19 182
pensions
-
-
-
19 599
health
-
-
-
6 957
surtax
-
-
-
2 430
total
-
-
-
48 377
Employee
30 872
-
80 960
-
surtax
110
-
2 194
-
unemployment
2 149
-
5 635
-
other
-
-
-
-
health
788
-
2 065
-
pensions
2 060
-
5 400
-
income
5 176
-
17 802
-
total
10 283
-
33 096
-
Employer
30 872
-
80 960
-
other
-
-
-
-
pensions
4 116
-
10 791
-
unemployment
979
-
2 566
-
health
1 404
-
3 683
-
total
6 499
-
17 040
-
Corporate
60 628
98 000
-
-
income
15 763
25 479
-
-
total
15 763
25 479
-
-
Dividends
44 865
72 521
-
-
withholding
6 729
10 878
-
-
total
6 729
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 274
36 357
50 136
48 377
After tax
58 726
61 643
47 864
49 623
Living cost
20 591
20 591
20 591
20 591
Free-cash
38 135
41 052
27 273
29 032

Estimated living cost  is ₽20591 per week

₽12432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
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.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24781
₽26816
₽20140
₽24779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 478
social contributions
-
-
-
25 206
municipal
-
-
-
583
national
-
-
-
21 259
total
-
-
-
48 526
Employee
50 853
-
98 000
-
national
8 056
-
18 281
-
regional
685
-
1 319
-
municipal
270
-
520
-
social contributions
17 148
-
33 045
-
total
26 159
-
53 165
-
Employer
50 853
-
98 000
-
total
-
-
-
-
Corporate
47 147
98 000
-
-
nationa
11 315
23 520
-
-
municipal
2 343
4 871
-
-
total
13 658
28 391
-
-
Dividends
33 489
69 608
-
-
withholding
8 707
18 098
-
-
total
8 707
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 524
46 489
53 165
48 526
After tax
49 476
51 511
44 835
49 474
Living cost
24 695
24 695
24 695
24 695
Free-cash
24 781
26 816
20 140
24 779

Estimated living cost  is ₽24695 per week

₽15358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29300
₽39338
₽21596
₽19596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
28 616
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
total
-
-
-
50 269
Employee
41 375
-
73 134
-
solidarity contribution
-
-
-
-
health
5 586
-
9 873
-
social contributions
2 689
-
4 754
-
income
4 965
-
8 776
-
total
13 240
-
23 403
-
Employer
41 375
-
73 134
-
social contributions
10 344
-
18 284
-
health
3 724
-
6 582
-
total
14 068
-
24 866
-
Corporate
42 558
98 000
-
-
income
8 086
18 620
-
-
total
8 086
18 620
-
-
Dividends
34 472
79 380
-
-
withholding
5 171
11 907
-
-
total
5 171
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 565
30 527
48 269
50 269
After tax
57 435
67 473
49 731
47 731
Living cost
28 135
28 135
28 135
28 135
Free-cash
29 300
39 338
21 596
19 596

Estimated living cost  is ₽28135 per week

₽20923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25230
₽25682
-₽295
₽20039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
chamber of commerce
-
-
-
391
unemployment
-
-
-
5 623
income
-
-
-
17 075
pensions
-
-
-
18 129
health
-
-
-
7 496
surtax
-
-
-
-
total
-
-
-
48 714
Employee
40 073
36 533
76 099
-
unemployment
1 202
1 096
2 282
-
other
400
365
760
-
health
1 550
1 414
2 945
-
pensions
4 104
3 740
7 792
-
income
3 570
2 695
15 214
-
total
10 826
9 310
28 993
-
Employer
40 073
36 533
76 099
-
payroll
1 202
1 096
2 282
-
other
1 903
1 734
3 615
-
accident
520
475
990
-
pensions
5 029
4 586
9 551
-
unemployment
1 202
1 096
2 282
-
chamber of commerce
160
146
304
-
surtax
-
-
-
-
health
1 515
1 381
2 876
-
total
11 531
10 514
21 900
-
Corporate
46 394
50 952
72 620
-
income

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

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

11 598
12 738
18 155
-
total
11 598
12 738
18 155
-
Dividends
34 796
38 214
-
-
withholding
9 568
10 509
-
-
total
9 568
10 509
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 523
43 071
69 048
48 714
After tax
54 477
54 929
28 952
49 286
Living cost
29 247
29 247
29 247
29 247
Free-cash
25 230
25 682
-295
20 039

Estimated living cost  is ₽29247 per week

₽17545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79311
₽81488
₽66788
₽85408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
14 515
-
98 000
-
income
2 903
-
19 600
-
total
2 903
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 485
98 000
-
-
total
-
-
-
-
Dividends
83 485
98 000
-
-
withholding
4 174
4 900
-
-
total
4 174
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 077
4 900
19 600
980
After tax
90 923
93 100
78 400
97 020
Living cost
11 612
11 612
11 612
11 612
Free-cash
79 311
81 488
66 788
85 408

Estimated living cost  is ₽11612 per week

₽7858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35218
₽42885
₽23030
₽25837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
98 000
unemployment
-
-
-
146
income
-
-
-
19 887
pensions
-
-
-
17 898
health
-
-
-
9 643
total
-
-
-
47 574
Employee

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

40 538
-
84 796
-
unemployment
57
-
118
-
health
2 618
-
5 478
-
pensions
6 284
-
13 143
-
income
6 991
-
18 440
-
total
15 950
-
37 179
-
Employer

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

40 538
-
84 796
-
pensions
3 587
-
7 505
-
unemployment
24
-
50
-
health
2 700
-
5 647
-
total
6 311
-
13 202
-
Corporate
51 150
98 000
-
-
income
9 718
18 620
-
-
total
9 718
18 620
-
-
Dividends
41 432
79 380
-
-
withholding
6 214
11 906
-
-
total
6 214
11 906
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 193
30 526
50 381
47 574
After tax
59 807
67 474
47 619
50 426
Living cost
24 589
24 589
24 589
24 589
Free-cash
35 218
42 885
23 030
25 837

Estimated living cost  is ₽24589 per week

₽16875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41181
₽19346
₽45443
₽27449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
11 172
income
-
-
-
19 102
total
-
-
-
30 274
Employee
57 751
-
-
-
social contributions
4 736
-
675
-
income
12 739
-
-
-
total
17 475
-
675
-
Employer
57 751
-
-
-
social contributions
81 429
-
11 605
-
total
81 429
-
11 605
-
Corporate
-
98 000
-
-
income
-
21 560
-
-
total
-
21 560
-
-
Dividends
-
76 440
-
-
income
-
16 817
-
-
total
-
16 817
-
-
Income
98 000
98 000
98 000
98 000
Total tax
98 904
38 377
12 280
30 274
After tax
-904
59 623
85 720
67 726
Living cost
40 277
40 277
40 277
40 277
Free-cash
-41 181
19 346
45 443
27 449

Estimated living cost  is ₽40277 per week

₽26133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26064
₽26987
₽20372
₽25748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
social contributions

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

-
-
-
34 054
income
-
-
-
9 443
surtax
-
-
-
-
total
-
-
-
43 497
Employee
42 163
-
79 192
-
surtax
-
-
-
-
social contributions
4 638
-
8 711
-
income
8 770
-
21 354
-
total
13 408
-
30 065
-
Employer
42 163
-
79 192
-
social contributions
10 014
-
18 808
-
total
10 014
-
18 808
-
Corporate
45 824
98 000
-
-
income
9 622
20 580
-
-
surtax
-
-
-
-
total
9 622
20 580
-
-
Dividends
36 201
77 420
-
-
withholding
10 137
21 678
-
-
total
10 137
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 181
42 258
48 873
43 497
After tax
54 819
55 742
49 127
54 503
Living cost
28 755
28 755
28 755
28 755
Free-cash
26 064
26 987
20 372
25 748

Estimated living cost  is ₽28755 per week

₽21515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11417
₽5115
₽16579
₽11975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other
-
-
-
3 043
social contributions
-
-
-
2 792
income
-
-
-
10 227
pensions
-
-
-
23 524
health
-
-
-
2 162
surtax
-
-
-
-
total
-
-
-
41 748
Employee
57 417
-
79 267
-
surtax
-
-
-
-
pensions
6 494
-
3 994
-
social contributions
1 635
-
2 258
-
income
5 010
-
12 160
-
total
13 139
-
18 412
-
Employer
57 417
-
79 267
-
other
1 981
-
2 735
-
pensions
9 434
-
7 001
-
unemployment
2 326
-
3 210
-
social contributions
172
-
238
-
health
4 019
-
5 548
-
total
17 932
-
18 732
-
Corporate
22 650
98 000
-
-
income
6 343
27 440
-
-
surtax
-
-
-
-
total
6 343
27 440
-
-
Dividends
16 308
70 560
-
-
withholding
2 088
9 032
-
-
social contributions
2 804
12 136
-
-
surtax
-
-
-
-
total
4 892
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 306
48 608
37 144
41 748
After tax
55 694
49 392
60 856
56 252
Living cost
44 277
44 277
44 277
44 277
Free-cash
11 417
5 115
16 579
11 975

Estimated living cost  is ₽44277 per week

₽29966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57563
₽60643
₽49410
₽46806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
2 077
social contributions
-
-
-
21 560
total
-
-
-
23 637
Employee
29 472
-
84 848
-
social contributions
1 915
-
5 515
-
income
-
-
2 366
-
total
1 915
-
7 881
-
Employer
29 472
-
84 848
-
social contributions
4 568
-
13 152
-
total
4 568
-
13 152
-
Corporate
63 959
98 000
-
-
income
6 397
9 800
-
-
total
6 397
9 800
-
-
Dividends
57 563
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 880
9 800
21 033
23 637
After tax
85 120
88 200
76 967
74 363
Living cost
27 557
27 557
27 557
27 557
Free-cash
57 563
60 643
49 410
46 806

Estimated living cost  is ₽27557 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2077
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽101563
-₽101563
-₽101563
₽16293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
pensions
-
-
-
794
municipal
-
-
-
18 533
labour market
-
-
-
7 777
national
-
-
-
10 491
total
-
-
-
37 595
Employee
186 185
186 185
186 185
-
national
22 746
22 746
22 746
-
municipal
39 647
39 647
39 647
-
labour market
14 874
14 874
14 874
-
pensions
265
265
265
-
total
77 532
77 532
77 532
-
Employer
186 185
186 185
186 185
-
municipal
39 710
39 710
39 710
-
pensions
529
529
529
-
national
22 785
22 785
22 785
-
labour market
14 895
14 895
14 895
-
total
77 919
77 919
77 919
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
155 451
155 451
155 451
37 595
After tax
-57 451
-57 451
-57 451
60 405
Living cost
44 112
44 112
44 112
44 112
Free-cash
-101 563
-101 563
-101 563
16 293

Estimated living cost  is ₽44112 per week

₽30190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽678
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4832
-₽12310
₽30645
₽46985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
24 261
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
30 767
Employee
31 851
-
84 238
-
health
3 647
-
9 645
-
pensions
3 587
-
7 127
-
income
4 370
-
16 572
-
total
11 604
-
33 344
-
Employer
31 851
-
84 238
-
accident
532
-
1 407
-
pensions
5 179
-
10 292
-
unemployment
780
-
2 064
-
total
6 491
-
13 763
-
Corporate
59 658
98 000
-
-
income

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

53 692
88 200
-
-
total
53 692
88 200
-
-
Dividends
5 966
9 800
-
-
withholding
1 133
1 862
-
-
total
1 133
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 920
90 062
47 107
30 767
After tax
25 080
7 938
50 893
67 233
Living cost
20 248
20 248
20 248
20 248
Free-cash
4 832
-12 310
30 645
46 985

Estimated living cost  is ₽20248 per week

₽14738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28141
₽29483
₽20211
₽33686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
municipal
-
-
-
17 437
national
-
-
-
10 554
health
-
-
-
1 127
total
-
-
-
29 118
Employee
48 231
-
82 444
-
national
797
-
5 891
-
unemployment
724
-
1 237
-
health
360
-
887
-
municipal
7 900
-
13 456
-
pensions
3 255
-
5 565
-
total
13 036
-
27 036
-
Employer
48 231
-
82 444
-
accident
49
-
82
-
pensions
8 368
-
14 304
-
unemployment
313
-
536
-
health
371
-
635
-
total
9 101
-
15 557
-
Corporate
40 668
98 000
-
-
income
8 133
19 599
-
-
total
8 133
19 599
-
-
Dividends

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

24 401
58 801
-
-
municipal
4 393
10 584
-
-
national
-
3 138
-
-
total
4 393
13 722
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 663
33 321
42 593
29 118
After tax
63 337
64 679
55 407
68 882
Living cost
35 196
35 196
35 196
35 196
Free-cash
28 141
29 483
20 211
33 686

Estimated living cost  is ₽35196 per week

₽22990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3385
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.
₽8262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45486
₽50473
₽47334
₽47752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
14 833
income
-
-
-
11 692
health
-
-
-
2 498
total
-
-
-
29 023
Employee
70 493
70 493
88 969
-
health
546
1 199
1 512
-
social contributions
2 665
5 851
7 385
-
income
7 675
6 526
11 513
-
total
10 886
13 576
20 410
-
Employer
70 493
70 493
88 969
-
social contributions
2 665
5 851
7 385
-
health
593
1 305
1 646
-
total
3 258
7 156
9 031
-
Corporate
62 630
20 352
-
-
income
7 829
2 543
-
-
total
7 829
2 543
-
-
Dividends
54 801
17 809
-
-
withholding
9 316
3 027
-
-
total
9 316
3 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 289
26 302
29 441
29 023
After tax
66 711
71 698
68 559
68 977
Living cost
21 225
21 225
21 225
21 225
Free-cash
45 486
50 473
47 334
47 752

Estimated living cost  is ₽21225 per week

₽12721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61936
₽66598
₽46434
₽64823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
98 000
unemployment
-
-
-
26
income
-
-
-
9 447
pensions
-
-
-
5 831
health
-
-
-
3 318
total
-
-
-
18 622
Employee

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

21 042
-
89 041
-
unemployment
104
-
435
-
health
1 788
-
7 394
-
pensions
3 156
-
13 048
-
income
1 439
-
7 175
-
total
6 487
-
28 052
-
Employer

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

21 042
-
89 041
-
pensions
1 157
-
4 784
-
unemployment
104
-
435
-
health
905
-
3 740
-
total
2 166
-
8 959
-
Corporate
74 792
98 000
-
-
income
6 731
8 820
-
-
total
6 731
8 820
-
-
Dividends
68 061
89 180
-
-
withholding
6 125
8 027
-
-
total
6 125
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 509
16 847
37 011
18 622
After tax
76 491
81 153
60 989
79 378
Living cost
14 555
14 555
14 555
14 555
Free-cash
61 936
66 598
46 434
64 823

Estimated living cost  is ₽14555 per week

₽9286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35997
₽40807
₽26110
₽27950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
19 350
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
44 841
Employee
33 897
-
74 311
-
unemployment
525
-
1 152
-
other
33
-
75
-
pensions
1 594
-
3 493
-
income
6 535
-
18 271
-
total
8 687
-
22 991
-
Employer
33 897
-
74 311
-
other
271
-
593
-
accident
672
-
1 472
-
pensions
7 999
-
17 538
-
unemployment
1 865
-
4 087
-
total
10 807
-
23 690
-
Corporate
53 296
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.

7 994
14 700
-
-
total
7 994
14 700
-
-
Dividends
45 302
83 300
-
-
withholding
9 306
17 284
-
-
total
9 306
17 284
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 794
31 984
46 681
44 841
After tax
61 206
66 016
51 319
53 159
Living cost
25 209
25 209
25 209
25 209
Free-cash
35 997
40 807
26 110
27 950

Estimated living cost  is ₽25209 per week

₽17016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59179
₽59457
₽60889
₽61010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
33 163
pensions
-
-
-
1 236
health
-
-
-
896
total
-
-
-
35 295
Employee
2 581
-
96 609
-
unemployment
26
-
62
-
health
129
-
309
-
pensions
232
-
556
-
income
499
-
33 098
-
total
886
-
34 025
-
Employer
2 581
-
96 609
-
pensions
284
-
680
-
unemployment
52
-
124
-
health
245
-
587
-
total
581
-
1 391
-
Corporate
94 838
98 000
-
-
income
20 864
21 560
-
-
total
20 864
21 560
-
-
Dividends
73 974
76 440
-
-
withholding
14 795
15 288
-
-
total
14 795
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 126
36 848
35 416
35 295
After tax
60 874
61 152
62 584
62 705
Living cost
1 695
1 695
1 695
1 695
Free-cash
59 179
59 457
60 889
61 010

Estimated living cost  is ₽1695 per week

₽1007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50474
₽54977
₽36800
₽36800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
unemployment
-
-
-
1 015
income
-
-
-
19 803
pensions
-
-
-
17 587
health
-
-
-
6 967
total
-
-
-
45 372
Employee

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

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

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

23 868
-
85 892
-
unemployment
179
-
507
-
health
1 229
-
3 484
-
pensions
3 342
-
9 470
-
income
3 290
-
19 803
-
total
8 040
-
33 264
-
Employer

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

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

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

23 868
-
85 892
-
pensions
2 864
-
8 117
-
unemployment
179
-
507
-
health
1 229
-
3 484
-
total
4 272
-
12 108
-
Corporate
69 859
98 000
-
-
income
10 479
14 700
-
-
total
10 479
14 700
-
-
Dividends
59 380
83 300
-
-
withholding
8 907
12 495
-
-
total
8 907
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 698
27 195
45 372
45 372
After tax
66 302
70 805
52 628
52 628
Living cost
15 828
15 828
15 828
15 828
Free-cash
50 474
54 977
36 800
36 800

Estimated living cost  is ₽15828 per week

₽10657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽30697
₽31027
₽24412
₽29788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
social contributions

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

-
-
-
34 054
income
-
-
-
9 443
surtax
-
-
-
-
total
-
-
-
43 497
Employee
35 581
-
79 192
-
surtax
-
-
-
-
social contributions
3 914
-
8 711
-
income
6 952
-
21 354
-
total
10 866
-
30 065
-
Employer
35 581
-
79 192
-
social contributions
8 450
-
18 808
-
total
8 450
-
18 808
-
Corporate
53 970
98 000
-
-
income
11 334
20 580
-
-
surtax
-
-
-
-
total
11 334
20 580
-
-
Dividends
42 636
77 420
-
-
withholding
11 938
21 678
-
-
total
11 938
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 588
42 258
48 873
43 497
After tax
55 412
55 742
49 127
54 503
Living cost
24 715
24 715
24 715
24 715
Free-cash
30 697
31 027
24 412
29 788

Estimated living cost  is ₽24715 per week

₽17505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26807
₽33798
₽19101
₽20941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
19 350
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
44 841
Employee
44 274
-
74 311
-
unemployment
685
-
1 152
-
other
43
-
75
-
pensions
2 081
-
3 493
-
income
9 247
-
18 271
-
total
12 056
-
22 991
-
Employer
44 274
-
74 311
-
other
355
-
593
-
accident
877
-
1 472
-
pensions
10 449
-
17 538
-
unemployment
2 436
-
4 087
-
total
14 117
-
23 690
-
Corporate
39 610
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.

5 941
14 700
-
-
total
5 941
14 700
-
-
Dividends
33 669
83 300
-
-
withholding
6 861
17 284
-
-
total
6 861
17 284
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 975
31 984
46 681
44 841
After tax
59 025
66 016
51 319
53 159
Living cost
32 218
32 218
32 218
32 218
Free-cash
26 807
33 798
19 101
20 941

Estimated living cost  is ₽32218 per week

₽23138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62688
₽68209
₽62451
₽59271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
unemployment
-
-
-
127
income
-
-
-
14 700
pensions

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

-
-
-
4 683
health
-
-
-
3 638
total
-
-
-
23 148
Employee
20 632
-
91 793
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
health
949
-
1 455
-
pensions

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

1 811
-
2 778
-
income
2 064
-
9 180
-
total
5 051
-
13 761
-
Employer
20 632
-
91 793
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
pensions

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

2 274
-
3 486
-
unemployment
124
-
190
-
health
1 424
-
2 183
-
total
4 049
-
6 207
-
Corporate
73 320
98 000
-
-
income
7 332
9 800
-
-
total
7 332
9 800
-
-
Dividends
65 988
88 200
-
-
withholding
3 299
4 410
-
-
total
3 299
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 731
14 210
19 968
23 148
After tax
78 269
83 790
78 032
74 852
Living cost
15 581
15 581
15 581
15 581
Free-cash
62 688
68 209
62 451
59 271

Estimated living cost  is ₽15581 per week

₽10305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27142
₽15144
₽33542
₽25595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
7 947
income

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

-
-
-
21 614
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.

-
-
-
6 263
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.

-
-
-
1 188
total
-
-
-
37 012
Employee

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

45 613
-
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.

207
-
1 188
-
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.

6 263
-
6 263
-
income

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

3 751
-
21 614
-
total
10 221
-
29 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 387
98 000
-
-
trade
7 517
14 064
-
-
income
7 858
14 700
-
-
surtax

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

431
809
-
-
chamber of commerce
216
284
-
-
total
16 022
29 857
-
-
Dividends
36 364
68 144
-
-
withholding
8 742
16 687
-
-
surtax

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

480
919
-
-
total
9 222
17 606
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 465
47 463
29 065
37 012
After tax
62 535
50 537
68 935
60 988
Living cost
35 393
35 393
35 393
35 393
Free-cash
27 142
15 144
33 542
25 595

Estimated living cost  is ₽35393 per week

₽24415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18403
₽16378
₽12882
₽12882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
8 849
income
-
-
-
24 048
total
-
-
-
32 897
Employee
71 709
-
98 000
-
social contributions
5 958
-
8 849
-
income
13 531
-
24 048
-
total
19 489
-
32 897
-
Employer
71 709
-
98 000
-
total
-
-
-
-
Corporate
26 291
98 000
-
-
income
3 286
12 251
-
-
total
3 286
12 251
-
-
Dividends
23 005
85 749
-
-
withholding
4 601
17 150
-
-
total
4 601
17 150
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 376
29 401
32 897
32 897
After tax
70 624
68 599
65 103
65 103
Living cost
52 221
52 221
52 221
52 221
Free-cash
18 403
16 378
12 882
12 882

Estimated living cost  is ₽52221 per week

₽39729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28781
₽25579
₽38794
₽33074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 000
health

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

-
-
-
5 553
income
-
-
-
26 095
total
-
-
-
31 648
Employee
42 054
-
93 783
-
social contributions
4 214
-
4 217
-
income
4 563
-
17 494
-
total
8 777
-
21 711
-
Employer
42 054
-
93 783
-
social contributions
4 214
-
4 217
-
total
4 214
-
4 217
-
Corporate
51 732
98 000
-
-
income
18 107
34 300
-
-
total
18 107
34 300
-
-
Dividends
33 625
63 700
-
-
social contributions
4 843
4 843
-
-
total
4 843
4 843
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 941
39 143
25 928
31 648
After tax
62 059
58 857
72 072
66 352
Living cost
33 278
33 278
33 278
33 278
Free-cash
28 781
25 579
38 794
33 074

Estimated living cost  is ₽33278 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34583
₽37105
₽27137
₽35916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
21 433
pensions
-
-
-
6 930
total
-
-
-
28 363
Employee
46 287
-
86 182
-
health
604
-
1 422
-
pensions
3 533
-
8 321
-
income
8 429
-
15 581
-
total
12 566
-
25 324
-
Employer
46 287
-
86 182
-
pensions
4 676
-
10 181
-
health
880
-
1 637
-
total
5 556
-
11 818
-
Corporate
46 157
98 000
-
-
income

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

8 769
18 620
-
-
total
8 769
18 620
-
-
Dividends
37 388
79 380
-
-
withholding
2 805
8 554
-
-
total
2 805
8 554
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 696
27 174
37 142
28 363
After tax
68 304
70 826
60 858
69 637
Living cost
33 721
33 721
33 721
33 721
Free-cash
34 583
37 105
27 137
35 916

Estimated living cost  is ₽33721 per week

₽23132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4526
-₽14314
₽28641
₽44981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
24 261
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
30 767
Employee
35 004
-
84 238
-
health
4 008
-
9 645
-
pensions
3 941
-
7 127
-
income
4 802
-
16 572
-
total
12 751
-
33 344
-
Employer
35 004
-
84 238
-
accident
585
-
1 407
-
pensions
5 691
-
10 292
-
unemployment
857
-
2 064
-
total
7 133
-
13 763
-
Corporate
55 863
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.

50 276
88 200
-
-
total
50 276
88 200
-
-
Dividends
5 586
9 800
-
-
withholding
1 062
1 862
-
-
total
1 062
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 222
90 062
47 107
30 767
After tax
26 778
7 938
50 893
67 233
Living cost
22 252
22 252
22 252
22 252
Free-cash
4 526
-14 314
28 641
44 981

Estimated living cost  is ₽22252 per week

₽16331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽66486
₽70104
₽50309
₽43485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
unemployment
-
-
-
1 176
income
-
-
-
15 202
pensions
-
-
-
18 032
health insurance
-
-
-
7 252
work injury
-
-
-
490
total
-
-
-
42 152
Employee

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

19 781
-
98 000
-
health insurance
1 464
-
5 416
-
unemployment
237
-
878
-
work injury
99
-
366
-
pensions
3 640
-
13 466
-
income
1 978
-
15 202
-
total
7 418
-
35 328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 219
98 000
-
-
income

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

-
980
-
-
total
-
980
-
-
Dividends
78 219
97 020
-
-
withholding
11 733
14 553
-
-
total
11 733
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 151
15 533
35 328
42 152
After tax
78 849
82 467
62 672
55 848
Living cost
12 363
12 363
12 363
12 363
Free-cash
66 486
70 104
50 309
43 485

Estimated living cost  is ₽12363 per week

₽7659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10929
₽15100
₽7861
₽12343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
2 015
social contributions
-
-
-
25 206
municipal
-
-
-
656
national
-
-
-
21 259
total
-
-
-
49 136
Employee
77 250
-
98 000
-
national
13 055
-
18 281
-
regional
1 166
-
1 707
-
municipal
461
-
585
-
social contributions
26 048
-
33 045
-
total
40 730
-
53 618
-
Employer
77 250
-
98 000
-
total
-
-
-
-
Corporate
20 750
98 000
-
-
nationa
4 981
23 520
-
-
municipal
1 000
4 723
-
-
total
5 981
28 243
-
-
Dividends
14 769
69 756
-
-
withholding
3 839
18 136
-
-
total
3 839
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 550
46 379
53 618
49 136
After tax
47 450
51 621
44 382
48 864
Living cost
36 521
36 521
36 521
36 521
Free-cash
10 929
15 100
7 861
12 343

Estimated living cost  is ₽36521 per week

₽25653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
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.
₽7802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close