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
₽31873
₽21709
₽41139
₽32430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 709
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.

-
-
-
21 577
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.

-
-
-
6 275
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.

-
-
-
1 187
total
-
-
-
37 748
Employee

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

35 133
-
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
-
1 187
-
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.

6 275
-
6 275
-
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.

981
-
21 577
-
total
7 310
-
29 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 867
98 000
-
-
trade
9 901
15 435
-
-
income
9 430
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.

519
809
-
-
chamber of commerce
230
281
-
-
total
20 080
31 225
-
-
Dividends
42 786
66 775
-
-
withholding
10 347
16 345
-
-
surtax

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

568
899
-
-
total
10 915
17 244
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 305
48 469
29 039
37 748
After tax
59 695
49 531
68 961
60 252
Living cost
27 822
27 822
27 822
27 822
Free-cash
31 873
21 709
41 139
32 430

Estimated living cost  is ₽27822 per week

₽17501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11739
₽12547
₽11258
₽10489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
1 054
pensions
-
-
-
11 760
municipal
-
-
-
10 234
national
-
-
-
15 858
total
-
-
-
38 906
Employee
75 347
-
84 720
-
national
14 421
-
16 446
-
municipal
9 307
-
10 613
-
pensions
3 014
-
3 389
-
total
26 742
-
30 448
-
Employer
75 347
-
84 720
-
pensions
6 028
-
6 778
-
social contributions
810
-
911
-
total
6 838
-
7 689
-
Corporate
10 842
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%.

2 168
19 600
-
-
total
2 168
19 600
-
-
Dividends
8 674
78 400
-
-
withholding
1 908
17 248
-
-
total
1 908
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 656
36 848
38 137
38 906
After tax
60 344
61 152
59 863
59 094
Living cost
48 605
48 605
48 605
48 605
Free-cash
11 739
12 547
11 258
10 489

Estimated living cost  is ₽48605 per week

₽33036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽727
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51755
₽59290
₽36057
₽33135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 248
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
45 755
Employee
26 841
-
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.

2 953
-
8 688
-
income
4 778
-
15 120
-
total
7 731
-
23 808
-
Employer
26 841
-
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.

6 465
-
19 025
-
surtax
-
-
-
-
total
6 465
-
19 025
-
Corporate
64 694
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%.

12 939
19 600
-
-
total
12 939
19 600
-
-
Dividends

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

51 755
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 135
19 600
42 833
45 755
After tax
70 865
78 400
55 167
52 245
Living cost
19 110
19 110
19 110
19 110
Free-cash
51 755
59 290
36 057
33 135

Estimated living cost  is ₽19110 per week

₽12191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1820
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.
₽4665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3458
₽9087
₽10792
₽17140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 291
pensions
-
-
-
10 762
health
-
-
-
11 327
total
-
-
-
42 380
Employee
78 441
78 441
83 398
-
health
12 040
10 241
10 523
-
pensions
14 119
10 762
10 762
-
income

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

12 840
12 840
12 840
-
total
38 999
33 843
34 125
-
Employer
78 441
78 441
83 398
-
pensions
5 460
5 460
5 805
-
unemployment
2 824
2 824
3 002
-
health
5 453
5 453
5 796
-
total
13 737
13 737
14 603
-
Corporate
6 785
5 823
-
-
income
1 358
1 164
-
-
total
1 358
1 164
-
-
Dividends
5 427
4 659
-
-
withholding
814
699
-
-
income
1 154
990
-
-
total
1 968
1 689
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 062
50 433
48 728
42 380
After tax
41 938
47 567
49 272
55 620
Living cost
38 480
38 480
38 480
38 480
Free-cash
3 458
9 087
10 792
17 140

Estimated living cost  is ₽38480 per week

₽27270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13935
₽14804
₽13629
₽12825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 857
unemployment
-
-
-
85
pensions
-
-
-
9 170
municipal
-
-
-
21 896
accident
-
-
-
170
national
-
-
-
-
health
-
-
-
5 293
total
-
-
-
46 471
Employee
55 149
-
74 570
-
national
-
-
-
-
municipal
16 446
-
22 237
-
total
16 446
-
22 237
-
Employer
55 149
-
74 570
-
other
6 408
-
8 665
-
accident
110
-
149
-
pensions
5 962
-
8 061
-
unemployment
1 456
-
1 969
-
health
3 392
-
4 586
-
total
17 328
-
23 430
-
Corporate
25 523
98 000
-
-
income
5 615
21 560
-
-
total
5 615
21 560
-
-
Dividends
19 908
76 440
-
-
withholding
5 972
22 932
-
-
total
5 972
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 361
44 492
45 667
46 471
After tax
52 639
53 508
52 333
51 529
Living cost
38 704
38 704
38 704
38 704
Free-cash
13 935
14 804
13 629
12 825

Estimated living cost  is ₽38704 per week

₽25651
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.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25849
₽12942
₽32876
₽23780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 096
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.

-
-
-
21 577
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.

-
-
-
6 275
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.

-
-
-
1 187
total
-
-
-
38 135
Employee

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

46 582
-
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.

220
-
1 187
-
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.

6 275
-
6 275
-
income

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

4 002
-
21 577
-
total
10 497
-
29 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 418
98 000
-
-
trade
8 458
16 121
-
-
income
7 713
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
213
279
-
-
total
16 808
31 909
-
-
Dividends
34 611
66 092
-
-
withholding
8 304
16 175
-
-
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.

457
889
-
-
total
8 761
17 064
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 066
48 973
29 039
38 135
After tax
61 934
49 027
68 961
59 865
Living cost
36 085
36 085
36 085
36 085
Free-cash
25 849
12 942
32 876
23 780

Estimated living cost  is ₽36085 per week

₽24134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38099
₽41907
₽38791
₽39187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
income
-
-
-
11 658
health
-
-
-
2 500
total
-
-
-
29 020
Employee
70 633
70 633
88 971
-
health
702
1 201
1 513
-
social contributions
3 432
5 862
7 384
-
income
7 417
6 539
11 489
-
total
11 551
13 602
20 386
-
Employer
70 633
70 633
88 971
-
social contributions
3 432
5 862
7 384
-
health
765
1 307
1 646
-
total
4 197
7 169
9 030
-
Corporate
52 457
20 198
-
-
income
6 558
2 524
-
-
total
6 558
2 524
-
-
Dividends
45 900
17 674
-
-
withholding
7 802
3 005
-
-
total
7 802
3 005
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 108
26 300
29 416
29 020
After tax
67 892
71 700
68 584
68 980
Living cost
29 793
29 793
29 793
29 793
Free-cash
38 099
41 907
38 791
39 187

Estimated living cost  is ₽29793 per week

₽20367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38069
₽37703
₽39312
₽50391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 259
10 053
82 008
-
unemployment
379
151
1 230
-
health
1 768
704
5 741
-
pensions
2 526
1 005
8 201
-
income
3 088
1 229
10 026
-
total
7 761
3 089
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.

25 259
10 053
82 008
-
pensions
4 925
1 960
15 992
-
total
4 925
1 960
15 992
-
Corporate
67 816
85 987
-
-
income
6 103
7 739
-
-
total
6 103
7 739
-
-
Dividends
61 712
78 248
-
-
withholding
11 725
14 867
-
-
social contributions
11 919
15 144
-
-
total
23 644
30 011
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 433
42 799
41 190
30 111
After tax
55 567
55 201
56 810
67 889
Living cost
17 498
17 498
17 498
17 498
Free-cash
38 069
37 703
39 312
50 391

Estimated living cost  is ₽17498 per week

₽11941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50506
₽56213
₽34301
₽30341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
13 131
pensions
-
-
-
19 600
health
-
-
-
12 741
total
-
-
-
45 472
Employee
26 058
-
73 244
-
unemployment
417
-
1 171
-
pensions
521
-
1 464
-
income
2 934
-
14 121
-
total
3 872
-
16 756
-
Employer
26 058
-
73 244
-
pensions
5 212
-
14 649
-
unemployment
209
-
586
-
health
3 387
-
9 521
-
total
8 808
-
24 756
-
Corporate
63 134
98 000
-
-
income
12 627
19 600
-
-
total
12 627
19 600
-
-
Dividends
50 507
78 400
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 307
19 600
41 512
45 472
After tax
72 693
78 400
56 488
52 528
Living cost
22 187
22 187
22 187
22 187
Free-cash
50 506
56 213
34 301
30 341

Estimated living cost  is ₽22187 per week

₽15218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4776
-₽12674
₽30265
₽46623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
347
income
-
-
-
24 240
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
30 765
Employee
32 424
-
84 209
-
health
3 713
-
9 642
-
pensions
3 651
-
7 148
-
income
4 448
-
16 542
-
total
11 812
-
33 332
-
Employer
32 424
-
84 209
-
accident
541
-
1 406
-
pensions
5 272
-
10 322
-
unemployment
794
-
2 063
-
total
6 607
-
13 791
-
Corporate
58 968
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.

53 072
88 200
-
-
total
53 072
88 200
-
-
Dividends
5 897
9 800
-
-
withholding
1 121
1 862
-
-
total
1 121
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 612
90 062
47 123
30 765
After tax
25 388
7 938
50 877
67 235
Living cost
20 612
20 612
20 612
20 612
Free-cash
4 776
-12 674
30 265
46 623

Estimated living cost  is ₽20612 per week

₽15107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84156
₽85568
₽70868
₽89488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 415
-
98 000
-
income
1 883
-
19 600
-
total
1 883
-
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%.

88 585
98 000
-
-
total
-
-
-
-
Dividends
88 585
98 000
-
-
withholding
4 429
4 900
-
-
total
4 429
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 312
4 900
19 600
980
After tax
91 688
93 100
78 400
97 020
Living cost
7 532
7 532
7 532
7 532
Free-cash
84 156
85 568
70 868
89 488

Estimated living cost  is ₽7532 per week

₽4668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41322
₽47526
₽32599
₽28546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 654
income
-
-
-
12 491
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
-
-
-
44 978
Employee
33 352
-
78 275
-
unemployment
333
-
783
-
health
467
-
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.

2 334
-
5 479
-
income
5 742
-
13 842
-
total
8 876
-
21 200
-
Employer
33 352
-
78 275
-
other
1 668
-
3 913
-
accident
267
-
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.

5 670
-
13 307
-
unemployment
333
-
783
-
health
467
-
1 096
-
total
8 405
-
19 725
-
Corporate
56 243
98 000
-
-
income
11 811
20 579
-
-
total
11 811
20 579
-
-
Dividends
44 431
77 421
-
-
withholding
3 110
5 419
-
-
total
3 110
5 419
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 202
25 998
40 925
44 978
After tax
65 798
72 002
57 075
53 022
Living cost
24 476
24 476
24 476
24 476
Free-cash
41 322
47 526
32 599
28 546

Estimated living cost  is ₽24476 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽491
₽10258
₽291
₽9086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 492
pensions
-
-
-
6 913
total
-
-
-
28 405
Employee
85 611
-
86 176
-
health
1 411
-
1 423
-
pensions
8 259
-
8 327
-
income
15 432
-
15 626
-
total
25 102
-
25 376
-
Employer
85 611
-
86 176
-
pensions
10 108
-
10 186
-
health
1 626
-
1 638
-
total
11 734
-
11 824
-
Corporate
655
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.

124
18 620
-
-
total
124
18 620
-
-
Dividends
531
79 380
-
-
withholding
40
8 613
-
-
total
40
8 613
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 000
27 233
37 200
28 405
After tax
61 000
70 767
60 800
69 595
Living cost
60 509
60 509
60 509
60 509
Free-cash
491
10 258
291
9 086

Estimated living cost  is ₽60509 per week

₽45340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67371
₽71666
₽65696
₽62553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
129
income
-
-
-
14 700
pensions

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

-
-
-
4 780
health
-
-
-
3 714
total
-
-
-
23 323
Employee
16 054
-
91 663
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
health
738
-
1 486
-
pensions

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

1 410
-
2 836
-
income
1 605
-
9 166
-
total
3 930
-
13 843
-
Employer
16 054
-
91 663
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
pensions

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

1 769
-
3 559
-
unemployment
96
-
194
-
health
1 108
-
2 229
-
total
3 150
-
6 337
-
Corporate
78 796
98 000
-
-
income
7 879
9 800
-
-
total
7 879
9 800
-
-
Dividends
70 917
88 200
-
-
withholding
3 546
4 410
-
-
total
3 546
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 505
14 210
20 180
23 323
After tax
79 495
83 790
77 820
74 677
Living cost
12 124
12 124
12 124
12 124
Free-cash
67 371
71 666
65 696
62 553

Estimated living cost  is ₽12124 per week

₽7078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2072
-₽3368
-₽1663
₽4685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 291
pensions
-
-
-
10 762
health
-
-
-
11 327
total
-
-
-
42 380
Employee
85 162
78 441
83 398
-
health
10 624
10 241
10 523
-
pensions
10 762
10 762
10 762
-
income

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

12 840
12 840
12 840
-
total
34 226
33 843
34 125
-
Employer
85 162
78 441
83 398
-
pensions
5 927
5 460
5 805
-
unemployment
3 066
2 824
3 002
-
health
5 918
5 453
5 796
-
total
14 911
13 737
14 603
-
Corporate
-
5 823
-
-
income
-
1 164
-
-
total
-
1 164
-
-
Dividends
-
4 659
-
-
withholding
-
699
-
-
income
-
990
-
-
total
-
1 689
-
-
Income
98 000
98 000
98 000
98 000
Total tax
49 137
50 433
48 728
42 380
After tax
48 863
47 567
49 272
55 620
Living cost
50 935
50 935
50 935
50 935
Free-cash
-2 072
-3 368
-1 663
4 685

Estimated living cost  is ₽50935 per week

₽37573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36412
₽44580
₽26838
₽24838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
33 666
-
73 134
-
solidarity contribution
-
-
-
-
health
4 545
-
9 873
-
social contributions
2 188
-
4 754
-
income
4 040
-
8 776
-
total
10 773
-
23 403
-
Employer
33 666
-
73 134
-
social contributions
8 417
-
18 284
-
health
3 030
-
6 582
-
total
11 447
-
24 866
-
Corporate
52 887
98 000
-
-
income
10 049
18 620
-
-
total
10 049
18 620
-
-
Dividends
42 839
79 380
-
-
withholding
6 426
11 907
-
-
total
6 426
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 695
30 527
48 269
50 269
After tax
59 305
67 473
49 731
47 731
Living cost
22 893
22 893
22 893
22 893
Free-cash
36 412
44 580
26 838
24 838

Estimated living cost  is ₽22893 per week

₽15902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8731
₽13526
₽6450
₽11112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 093
social contributions
-
-
-
25 206
municipal
-
-
-
582
national
-
-
-
21 247
total
-
-
-
48 128
Employee
81 636
-
98 000
-
national
14 146
-
18 268
-
regional
770
-
957
-
municipal
432
-
519
-
social contributions
27 528
-
33 046
-
total
42 876
-
52 790
-
Employer
81 636
-
98 000
-
total
-
-
-
-
Corporate
16 364
98 000
-
-
nationa
3 927
23 520
-
-
municipal
638
3 823
-
-
total
4 565
27 343
-
-
Dividends
11 799
70 657
-
-
withholding
3 068
18 371
-
-
total
3 068
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 509
45 714
52 790
48 128
After tax
47 491
52 286
45 210
49 872
Living cost
38 760
38 760
38 760
38 760
Free-cash
8 731
13 526
6 450
11 112

Estimated living cost  is ₽38760 per week

₽27019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38515
₽41373
₽27612
₽29385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 155
pensions
-
-
-
19 600
health
-
-
-
6 957
surtax
-
-
-
2 425
total
-
-
-
48 346
Employee
30 376
-
80 959
-
surtax
99
-
2 189
-
unemployment
2 114
-
5 636
-
other
-
-
-
-
health
776
-
2 066
-
pensions
2 026
-
5 400
-
income
5 092
-
17 787
-
total
10 107
-
33 078
-
Employer
30 376
-
80 959
-
other
-
-
-
-
pensions
4 049
-
10 792
-
unemployment
962
-
2 566
-
health
1 382
-
3 683
-
total
6 393
-
17 041
-
Corporate
61 230
98 000
-
-
income
15 920
25 479
-
-
total
15 920
25 479
-
-
Dividends
45 310
72 521
-
-
withholding
6 796
10 879
-
-
total
6 796
10 879
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 216
36 358
50 119
48 346
After tax
58 784
61 642
47 881
49 654
Living cost
20 269
20 269
20 269
20 269
Free-cash
38 515
41 373
27 612
29 385

Estimated living cost  is ₽20269 per week

₽12394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24969
₽29429
₽19462
₽28257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 492
pensions
-
-
-
6 913
total
-
-
-
28 405
Employee
57 374
-
86 176
-
health
833
-
1 423
-
pensions
4 870
-
8 327
-
income
10 333
-
15 626
-
total
16 036
-
25 376
-
Employer
57 374
-
86 176
-
pensions
6 211
-
10 186
-
health
1 090
-
1 638
-
total
7 301
-
11 824
-
Corporate
33 325
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.

6 332
18 620
-
-
total
6 332
18 620
-
-
Dividends
26 993
79 380
-
-
withholding
2 024
8 613
-
-
total
2 024
8 613
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 693
27 233
37 200
28 405
After tax
66 307
70 767
60 800
69 595
Living cost
41 338
41 338
41 338
41 338
Free-cash
24 969
29 429
19 462
28 257

Estimated living cost  is ₽41338 per week

₽30970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2256
-₽29569
₽2488
₽7370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
regional
-
-
-
3 376
pensions
-
-
-
9 015
national
-
-
-
619
health
-
-
-
243
total
-
-
-
16 247
Employee
87 047
-
87 718
-
national
412
-
418
-
unemployment
-
-
-
-
city
934
-
942
-
regional
2 850
-
2 887
-
health
197
-
197
-
pensions
7 313
-
7 367
-
total
11 706
-
11 811
-
Employer
87 047
-
87 718
-
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.

1 740
-
1 754
-
pensions
7 313
-
7 367
-
unemployment
-
-
-
-
health
197
-
197
-
total
9 250
-
9 318
-
Corporate
745
98 000
-
-
regional
159
20 726
-
-
national
63
8 329
-
-
total
222
29 055
-
-
Dividends
524
68 944
-
-
withholding
183
24 131
-
-
total
183
24 131
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 361
53 186
21 129
16 247
After tax
76 639
44 814
76 871
81 753
Living cost
74 383
74 383
74 383
74 383
Free-cash
2 256
-29 569
2 488
7 370

Estimated living cost  is ₽74383 per week

₽48370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽913
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21338
₽6445
₽26881
₽17398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 483
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.

-
-
-
21 577
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.

-
-
-
6 275
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.

-
-
-
1 187
total
-
-
-
38 522
Employee

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

55 204
-
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
-
1 187
-
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.

6 275
-
6 275
-
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.

6 491
-
21 577
-
total
13 123
-
29 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 796
98 000
-
-
trade
7 340
16 807
-
-
income
6 420
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.

354
809
-
-
chamber of commerce
200
277
-
-
total
14 314
32 593
-
-
Dividends
28 482
65 407
-
-
withholding
6 772
16 002
-
-
surtax

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

373
880
-
-
total
7 145
16 882
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 582
49 475
29 039
38 522
After tax
63 418
48 525
68 961
59 478
Living cost
42 080
42 080
42 080
42 080
Free-cash
21 338
6 445
26 881
17 398

Estimated living cost  is ₽42080 per week

₽30733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23389
₽17966
₽29458
₽24828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 044
social contributions
-
-
-
2 793
income
-
-
-
10 200
pensions
-
-
-
23 555
health
-
-
-
2 153
surtax
-
-
-
-
total
-
-
-
41 745
Employee
39 313
-
79 279
-
surtax
-
-
-
-
pensions
4 445
-
3 990
-
social contributions
1 121
-
2 257
-
income
2 320
-
12 146
-
total
7 886
-
18 393
-
Employer
39 313
-
79 279
-
other
1 356
-
2 735
-
pensions
6 458
-
6 989
-
unemployment
1 591
-
3 211
-
social contributions
119
-
237
-
health
2 752
-
5 550
-
total
12 276
-
18 722
-
Corporate
46 410
98 000
-
-
income
12 995
27 440
-
-
surtax
-
-
-
-
total
12 995
27 440
-
-
Dividends
33 415
70 560
-
-
withholding
4 278
9 031
-
-
social contributions
5 749
12 136
-
-
surtax
-
-
-
-
total
10 027
21 167
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 184
48 607
37 115
41 745
After tax
54 816
49 393
60 885
56 255
Living cost
31 427
31 427
31 427
31 427
Free-cash
23 389
17 966
29 458
24 828

Estimated living cost  is ₽31427 per week

₽19816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26184
₽21080
₽32572
₽27942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 044
social contributions
-
-
-
2 793
income
-
-
-
10 200
pensions
-
-
-
23 555
health
-
-
-
2 153
surtax
-
-
-
-
total
-
-
-
41 745
Employee
35 092
-
79 279
-
surtax
-
-
-
-
pensions
3 969
-
3 990
-
social contributions
1 001
-
2 257
-
income
1 809
-
12 146
-
total
6 779
-
18 393
-
Employer
35 092
-
79 279
-
other
1 211
-
2 735
-
pensions
5 766
-
6 989
-
unemployment
1 421
-
3 211
-
social contributions
105
-
237
-
health
2 456
-
5 550
-
total
10 959
-
18 722
-
Corporate
51 949
98 000
-
-
income
14 546
27 440
-
-
surtax
-
-
-
-
total
14 546
27 440
-
-
Dividends
37 402
70 560
-
-
withholding
4 787
9 031
-
-
social contributions
6 432
12 136
-
-
surtax
-
-
-
-
total
11 219
21 167
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 503
48 607
37 115
41 745
After tax
54 497
49 393
60 885
56 255
Living cost
28 313
28 313
28 313
28 313
Free-cash
26 184
21 080
32 572
27 942

Estimated living cost  is ₽28313 per week

₽16420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40788
₽40311
₽43313
₽43459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
13 523
income
-
-
-
14 700
health
-
-
-
6 840
total
-
-
-
35 063
Employee
31 145
-
98 000
-
health
2 174
-
6 840
-
social contributions
4 299
-
13 523
-
income
5 195
-
14 846
-
total
11 668
-
35 209
-
Employer
31 145
-
98 000
-
total
-
-
-
-
Corporate
66 855
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%.

3 343
4 900
-
-
total
3 343
4 900
-
-
Dividends
63 512
93 100
-
-
health
4 433
6 498
-
-
withholding
9 526
13 964
-
-
social contributions
8 764
12 849
-
-
total
22 723
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 734
38 211
35 209
35 063
After tax
60 266
59 789
62 791
62 937
Living cost
19 478
19 478
19 478
19 478
Free-cash
40 788
40 311
43 313
43 459

Estimated living cost  is ₽19478 per week

₽13035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
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.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21048
₽22468
-₽3420
₽16752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
392
unemployment
-
-
-
5 634
income
-
-
-
17 048
pensions
-
-
-
18 130
health
-
-
-
7 497
surtax
-
-
-
181
total
-
-
-
48 882
Employee
45 905
36 606
75 958
-
unemployment
1 377
1 098
2 278
-
other
458
366
760
-
health
1 776
1 417
2 939
-
pensions
4 701
3 748
7 778
-
income
5 226
2 700
15 143
-
total
13 538
9 329
28 898
-
Employer
45 905
36 606
75 958
-
payroll
1 377
1 098
2 278
-
other
2 181
1 738
3 607
-
accident
596
476
987
-
pensions
5 761
4 595
9 533
-
unemployment
1 377
1 098
2 278
-
chamber of commerce
183
146
303
-
surtax
181
181
181
-
health
1 734
1 384
2 871
-
total
13 390
10 716
22 038
-
Corporate
38 704
50 677
72 475
-
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.

9 676
12 669
18 118
-
total
9 676
12 669
18 118
-
Dividends
29 028
38 008
-
-
withholding
7 982
10 452
-
-
total
7 982
10 452
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 586
43 166
69 054
48 882
After tax
53 414
54 834
28 946
49 118
Living cost
32 366
32 366
32 366
32 366
Free-cash
21 048
22 468
-3 420
16 752

Estimated living cost  is ₽32366 per week

₽21587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7672
₽21449
₽4341
₽11785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 620
national
-
-
-
32 159
communal

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

-
-
-
4 944
total
-
-
-
52 723
Employee

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

65 705
-
75 904
-
national
20 200
-
24 189
-
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.

572
-
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.

3 087
-
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.

4 928
-
5 693
-
communal

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

3 427
-
3 959
-
total
32 214
-
38 070
-
Employer

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

65 705
-
75 904
-
accident

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

854
-
987
-
pensions

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

5 822
-
6 725
-
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.

959
-
1 109
-
surtax
7 450
-
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.

4 041
-
4 668
-
total
19 126
-
22 097
-
Corporate
13 169
98 000
-
-
income
2 634
19 600
-
-
surtax
52
392
-
-
total
2 686
19 992
-
-
Dividends
10 483
78 008
-
-
withholding

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

2 810
23 067
-
-
total
2 810
23 067
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 836
43 059
60 167
52 723
After tax
41 164
54 941
37 833
45 277
Living cost
33 492
33 492
33 492
33 492
Free-cash
7 672
21 449
4 341
11 785

Estimated living cost  is ₽33492 per week

₽21573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25527
₽32844
₽18161
₽19968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
596
income
-
-
-
19 317
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
44 859
Employee
45 724
-
74 309
-
unemployment
709
-
1 152
-
other
45
-
75
-
pensions
2 149
-
3 493
-
income
9 647
-
18 255
-
total
12 550
-
22 975
-
Employer
45 724
-
74 309
-
other
364
-
594
-
accident
905
-
1 471
-
pensions
10 790
-
17 538
-
unemployment
2 515
-
4 088
-
total
14 574
-
23 691
-
Corporate
37 702
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.

5 655
14 700
-
-
total
5 655
14 700
-
-
Dividends
32 047
83 300
-
-
withholding
6 521
17 283
-
-
total
6 521
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 300
31 983
46 666
44 859
After tax
58 700
66 017
51 334
53 141
Living cost
33 173
33 173
33 173
33 173
Free-cash
25 527
32 844
18 161
19 968

Estimated living cost  is ₽33173 per week

₽24428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2353
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.
₽5913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3293
₽9849
₽9553
₽5344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 288
pensions
-
-
-
14 689
accident
-
-
-
826
communal
-
-
-
6 193
health
-
-
-
6 884
surtax
-
-
-
4 858
total
-
-
-
42 738
Employee
69 562
-
87 538
-
surtax
4 264
-
5 365
-
health
3 096
-
3 896
-
pensions
5 564
-
7 002
-
income
6 719
-
11 806
-
total
19 643
-
28 069
-
Employer
69 562
-
87 538
-
accident
626
-
788
-
pensions
5 564
-
7 002
-
health
2 121
-
2 670
-
total
8 311
-
10 460
-
Corporate
20 127
98 000
-
-
income
3 019
14 700
-
-
communal
-
6 615
-
-
surtax
211
1 028
-
-
total
3 230
22 343
-
-
Dividends
16 897
75 656
-
-
withholding
2 535
11 348
-
-
income
11 070
4 542
-
-
total
13 605
15 890
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 789
38 233
38 529
42 738
After tax
53 211
59 767
59 471
55 262
Living cost
49 918
49 918
49 918
49 918
Free-cash
3 293
9 849
9 553
5 344

Estimated living cost  is ₽49918 per week

₽37446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38087
₽41010
₽27249
₽29022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 155
pensions
-
-
-
19 600
health
-
-
-
6 957
surtax
-
-
-
2 425
total
-
-
-
48 346
Employee
30 934
-
80 959
-
surtax
110
-
2 189
-
unemployment
2 153
-
5 636
-
other
-
-
-
-
health
790
-
2 066
-
pensions
2 064
-
5 400
-
income
5 186
-
17 787
-
total
10 303
-
33 078
-
Employer
30 934
-
80 959
-
other
-
-
-
-
pensions
4 124
-
10 792
-
unemployment
981
-
2 566
-
health
1 407
-
3 683
-
total
6 512
-
17 041
-
Corporate
60 554
98 000
-
-
income
15 744
25 479
-
-
total
15 744
25 479
-
-
Dividends
44 810
72 521
-
-
withholding
6 722
10 879
-
-
total
6 722
10 879
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 281
36 358
50 119
48 346
After tax
58 719
61 642
47 881
49 654
Living cost
20 632
20 632
20 632
20 632
Free-cash
38 087
41 010
27 249
29 022

Estimated living cost  is ₽20632 per week

₽12456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24728
₽26767
₽20104
₽24744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
regional
-
-
-
1 477
social contributions
-
-
-
25 206
municipal
-
-
-
582
national
-
-
-
21 247
total
-
-
-
48 512
Employee
50 954
-
98 000
-
national
8 072
-
18 268
-
regional
686
-
1 319
-
municipal
270
-
519
-
social contributions
17 182
-
33 046
-
total
26 210
-
53 152
-
Employer
50 954
-
98 000
-
total
-
-
-
-
Corporate
47 046
98 000
-
-
nationa
11 290
23 520
-
-
municipal
2 338
4 870
-
-
total
13 628
28 390
-
-
Dividends
33 418
69 610
-
-
withholding
8 690
18 099
-
-
total
8 690
18 099
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 528
46 489
53 152
48 512
After tax
49 472
51 511
44 848
49 488
Living cost
24 744
24 744
24 744
24 744
Free-cash
24 728
26 767
20 104
24 744

Estimated living cost  is ₽24744 per week

₽15388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29198
₽39263
₽21521
₽19521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
41 486
-
73 134
-
solidarity contribution
-
-
-
-
health
5 601
-
9 873
-
social contributions
2 697
-
4 754
-
income
4 978
-
8 776
-
total
13 276
-
23 403
-
Employer
41 486
-
73 134
-
social contributions
10 371
-
18 284
-
health
3 734
-
6 582
-
total
14 105
-
24 866
-
Corporate
42 409
98 000
-
-
income
8 058
18 620
-
-
total
8 058
18 620
-
-
Dividends
34 352
79 380
-
-
withholding
5 153
11 907
-
-
total
5 153
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 592
30 527
48 269
50 269
After tax
57 408
67 473
49 731
47 731
Living cost
28 210
28 210
28 210
28 210
Free-cash
29 198
39 263
21 521
19 521

Estimated living cost  is ₽28210 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25172
₽25627
-₽335
₽19994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
392
unemployment
-
-
-
5 634
income
-
-
-
17 048
pensions
-
-
-
18 130
health
-
-
-
7 497
surtax
-
-
-
-
total
-
-
-
48 701
Employee
40 153
36 606
76 096
-
unemployment
1 205
1 098
2 284
-
other
401
366
762
-
health
1 553
1 417
2 944
-
pensions
4 112
3 748
7 792
-
income
3 577
2 700
15 190
-
total
10 848
9 329
28 972
-
Employer
40 153
36 606
76 096
-
payroll
1 205
1 098
2 284
-
other
1 907
1 738
3 615
-
accident
521
476
990
-
pensions
5 039
4 595
9 551
-
unemployment
1 205
1 098
2 284
-
chamber of commerce
160
146
305
-
surtax
-
-
-
-
health
1 518
1 384
2 876
-
total
11 555
10 535
21 905
-
Corporate
46 292
50 859
72 609
-
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.

11 573
12 714
18 153
-
total
11 573
12 714
18 153
-
Dividends
34 719
38 144
-
-
withholding
9 547
10 490
-
-
total
9 547
10 490
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 523
43 068
69 030
48 701
After tax
54 477
54 932
28 970
49 299
Living cost
29 305
29 305
29 305
29 305
Free-cash
25 172
25 627
-335
19 994

Estimated living cost  is ₽29305 per week

₽17580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79161
₽81362
₽66662
₽85282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 672
-
98 000
-
income
2 935
-
19 600
-
total
2 935
-
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%.

83 328
98 000
-
-
total
-
-
-
-
Dividends
83 328
98 000
-
-
withholding
4 166
4 900
-
-
total
4 166
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 101
4 900
19 600
980
After tax
90 899
93 100
78 400
97 020
Living cost
11 738
11 738
11 738
11 738
Free-cash
79 161
81 362
66 662
85 282

Estimated living cost  is ₽11738 per week

₽7943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35152
₽42835
₽22987
₽25796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 880
pensions
-
-
-
17 897
health
-
-
-
9 643
total
-
-
-
47 566
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.

40 619
-
84 797
-
unemployment
58
-
119
-
health
2 623
-
5 479
-
pensions
6 296
-
13 143
-
income
7 005
-
18 431
-
total
15 982
-
37 172
-
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.

40 619
-
84 797
-
pensions
3 594
-
7 504
-
unemployment
24
-
51
-
health
2 705
-
5 648
-
total
6 323
-
13 203
-
Corporate
51 057
98 000
-
-
income
9 701
18 620
-
-
total
9 701
18 620
-
-
Dividends
41 356
79 380
-
-
withholding
6 204
11 907
-
-
total
6 204
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 210
30 527
50 375
47 566
After tax
59 790
67 473
47 625
50 434
Living cost
24 638
24 638
24 638
24 638
Free-cash
35 152
42 835
22 987
25 796

Estimated living cost  is ₽24638 per week

₽16908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
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.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44885
₽18274
₽44044
₽26377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 288
-
-
-
social contributions
4 862
-
693
-
income
13 078
-
-
-
total
17 940
-
693
-
Employer
59 288
-
-
-
social contributions
83 596
-
11 914
-
total
83 596
-
11 914
-
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
101 536
38 377
12 607
30 274
After tax
-3 536
59 623
85 393
67 726
Living cost
41 349
41 349
41 349
41 349
Free-cash
-44 885
18 274
44 044
26 377

Estimated living cost  is ₽41349 per week

₽26829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽10104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26006
₽26931
₽20337
₽25698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 056
income
-
-
-
9 434
surtax
-
-
-
-
total
-
-
-
43 490
Employee
42 247
-
79 192
-
surtax
-
-
-
-
social contributions
4 647
-
8 710
-
income
8 787
-
21 333
-
total
13 434
-
30 043
-
Employer
42 247
-
79 192
-
social contributions
10 033
-
18 808
-
total
10 033
-
18 808
-
Corporate
45 720
98 000
-
-
income
9 601
20 579
-
-
surtax
-
-
-
-
total
9 601
20 579
-
-
Dividends
36 119
77 421
-
-
withholding
10 114
21 678
-
-
total
10 114
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 182
42 257
48 851
43 490
After tax
54 818
55 743
49 149
54 510
Living cost
28 812
28 812
28 812
28 812
Free-cash
26 006
26 931
20 337
25 698

Estimated living cost  is ₽28812 per week

₽21557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11340
₽5028
₽16520
₽11890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 044
social contributions
-
-
-
2 793
income
-
-
-
10 200
pensions
-
-
-
23 555
health
-
-
-
2 153
surtax
-
-
-
-
total
-
-
-
41 745
Employee
57 531
-
79 279
-
surtax
-
-
-
-
pensions
6 507
-
3 990
-
social contributions
1 639
-
2 257
-
income
5 020
-
12 146
-
total
13 166
-
18 393
-
Employer
57 531
-
79 279
-
other
1 985
-
2 735
-
pensions
9 453
-
6 989
-
unemployment
2 331
-
3 211
-
social contributions
173
-
237
-
health
4 027
-
5 550
-
total
17 969
-
18 722
-
Corporate
22 501
98 000
-
-
income
6 300
27 440
-
-
surtax
-
-
-
-
total
6 300
27 440
-
-
Dividends
16 201
70 560
-
-
withholding
2 074
9 031
-
-
social contributions
2 786
12 136
-
-
surtax
-
-
-
-
total
4 860
21 167
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 295
48 607
37 115
41 745
After tax
55 705
49 393
60 885
56 255
Living cost
44 365
44 365
44 365
44 365
Free-cash
11 340
5 028
16 520
11 890

Estimated living cost  is ₽44365 per week

₽30026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57504
₽60589
₽49369
₽46764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 066
social contributions
-
-
-
21 559
total
-
-
-
23 625
Employee
29 531
-
84 848
-
social contributions
1 919
-
5 515
-
income
-
-
2 355
-
total
1 919
-
7 870
-
Employer
29 531
-
84 848
-
social contributions
4 577
-
13 150
-
total
4 577
-
13 150
-
Corporate
63 892
98 000
-
-
income
6 389
9 800
-
-
total
6 389
9 800
-
-
Dividends
57 503
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 885
9 800
21 020
23 625
After tax
85 115
88 200
76 980
74 375
Living cost
27 611
27 611
27 611
27 611
Free-cash
57 504
60 589
49 369
46 764

Estimated living cost  is ₽27611 per week

₽17853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽101834
-₽101834
-₽101834
₽16241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
municipal
-
-
-
18 527
labour market
-
-
-
7 776
national
-
-
-
10 489
total
-
-
-
37 587
Employee
186 438
186 438
186 438
-
national
22 777
22 777
22 777
-
municipal
39 701
39 701
39 701
-
labour market
14 894
14 894
14 894
-
pensions
265
265
265
-
total
77 637
77 637
77 637
-
Employer
186 438
186 438
186 438
-
municipal
39 764
39 764
39 764
-
pensions
530
530
530
-
national
22 816
22 816
22 816
-
labour market
14 915
14 915
14 915
-
total
78 025
78 025
78 025
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
155 662
155 662
155 662
37 587
After tax
-57 662
-57 662
-57 662
60 413
Living cost
44 172
44 172
44 172
44 172
Free-cash
-101 834
-101 834
-101 834
16 241

Estimated living cost  is ₽44172 per week

₽30232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽679
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4824
-₽12370
₽30569
₽46927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
347
income
-
-
-
24 240
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
30 765
Employee
31 946
-
84 209
-
health
3 658
-
9 642
-
pensions
3 597
-
7 148
-
income
4 383
-
16 542
-
total
11 638
-
33 332
-
Employer
31 946
-
84 209
-
accident
533
-
1 406
-
pensions
5 194
-
10 322
-
unemployment
783
-
2 063
-
total
6 510
-
13 791
-
Corporate
59 544
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.

53 589
88 200
-
-
total
53 589
88 200
-
-
Dividends
5 954
9 800
-
-
withholding
1 131
1 862
-
-
total
1 131
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 868
90 062
47 123
30 765
After tax
25 132
7 938
50 877
67 235
Living cost
20 308
20 308
20 308
20 308
Free-cash
4 824
-12 370
30 569
46 927

Estimated living cost  is ₽20308 per week

₽14782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28063
₽29425
₽20155
₽33636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 535
health
-
-
-
1 126
total
-
-
-
29 098
Employee
48 327
-
82 444
-
national
798
-
5 878
-
unemployment
725
-
1 236
-
health
361
-
886
-
municipal
7 916
-
13 457
-
pensions
3 261
-
5 566
-
total
13 061
-
27 023
-
Employer
48 327
-
82 444
-
accident
49
-
82
-
pensions
8 384
-
14 304
-
unemployment
314
-
535
-
health
371
-
635
-
total
9 118
-
15 556
-
Corporate
40 554
98 000
-
-
income
8 111
19 600
-
-
total
8 111
19 600
-
-
Dividends

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

24 333
58 800
-
-
municipal
4 381
10 584
-
-
national
-
3 125
-
-
total
4 381
13 709
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 671
33 309
42 579
29 098
After tax
63 329
64 691
55 421
68 902
Living cost
35 266
35 266
35 266
35 266
Free-cash
28 063
29 425
20 155
33 636

Estimated living cost  is ₽35266 per week

₽23036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45434
₽50433
₽47317
₽47713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
income
-
-
-
11 658
health
-
-
-
2 500
total
-
-
-
29 020
Employee
70 633
70 633
88 971
-
health
547
1 201
1 513
-
social contributions
2 670
5 862
7 384
-
income
7 691
6 539
11 489
-
total
10 908
13 602
20 386
-
Employer
70 633
70 633
88 971
-
social contributions
2 670
5 862
7 384
-
health
594
1 307
1 646
-
total
3 264
7 169
9 030
-
Corporate
62 559
20 198
-
-
income
7 820
2 524
-
-
total
7 820
2 524
-
-
Dividends
54 740
17 674
-
-
withholding
9 307
3 005
-
-
total
9 307
3 005
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 299
26 300
29 416
29 020
After tax
66 701
71 700
68 584
68 980
Living cost
21 267
21 267
21 267
21 267
Free-cash
45 434
50 433
47 317
47 713

Estimated living cost  is ₽21267 per week

₽12746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61896
₽66571
₽46354
₽64779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 444
pensions
-
-
-
5 843
health
-
-
-
3 324
total
-
-
-
18 637
Employee

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

21 084
-
89 023
-
unemployment
105
-
436
-
health
1 792
-
7 408
-
pensions
3 162
-
13 074
-
income
1 442
-
7 166
-
total
6 501
-
28 084
-
Employer

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

21 084
-
89 023
-
pensions
1 159
-
4 794
-
unemployment
105
-
436
-
health
906
-
3 748
-
total
2 170
-
8 978
-
Corporate
74 746
98 000
-
-
income
6 727
8 820
-
-
total
6 727
8 820
-
-
Dividends
68 019
89 180
-
-
withholding
6 122
8 025
-
-
total
6 122
8 025
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 520
16 845
37 062
18 637
After tax
76 480
81 155
60 938
79 363
Living cost
14 584
14 584
14 584
14 584
Free-cash
61 896
66 571
46 354
64 779

Estimated living cost  is ₽14584 per week

₽9305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
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.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35939
₽40758
₽26075
₽27882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
596
income
-
-
-
19 317
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
44 859
Employee
33 965
-
74 309
-
unemployment
526
-
1 152
-
other
33
-
75
-
pensions
1 597
-
3 493
-
income
6 548
-
18 255
-
total
8 704
-
22 975
-
Employer
33 965
-
74 309
-
other
272
-
594
-
accident
673
-
1 471
-
pensions
8 015
-
17 538
-
unemployment
1 869
-
4 088
-
total
10 829
-
23 691
-
Corporate
53 207
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.

7 982
14 700
-
-
total
7 982
14 700
-
-
Dividends
45 225
83 300
-
-
withholding
9 287
17 283
-
-
total
9 287
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 802
31 983
46 666
44 859
After tax
61 198
66 017
51 334
53 141
Living cost
25 259
25 259
25 259
25 259
Free-cash
35 939
40 758
26 075
27 882

Estimated living cost  is ₽25259 per week

₽17050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59191
₽59468
₽60907
₽61026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 170
pensions
-
-
-
1 229
health
-
-
-
891
total
-
-
-
35 290
Employee
2 565
-
96 618
-
unemployment
26
-
61
-
health
128
-
307
-
pensions
231
-
553
-
income
496
-
33 105
-
total
881
-
34 026
-
Employer
2 565
-
96 618
-
pensions
282
-
676
-
unemployment
51
-
123
-
health
244
-
584
-
total
577
-
1 383
-
Corporate
94 857
98 000
-
-
income
20 869
21 560
-
-
total
20 869
21 560
-
-
Dividends
73 989
76 440
-
-
withholding
14 798
15 288
-
-
total
14 798
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 125
36 848
35 409
35 290
After tax
60 875
61 152
62 591
62 710
Living cost
1 684
1 684
1 684
1 684
Free-cash
59 191
59 468
60 907
61 026

Estimated living cost  is ₽1684 per week

₽1001
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.
₽508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50448
₽54957
₽36766
₽36767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 016
income
-
-
-
19 786
pensions
-
-
-
17 608
health
-
-
-
6 975
total
-
-
-
45 385
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.

23 897
-
85 878
-
unemployment
179
-
508
-
health
1 231
-
3 488
-
pensions
3 346
-
9 481
-
income
3 294
-
19 786
-
total
8 050
-
33 263
-
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.

23 897
-
85 878
-
pensions
2 868
-
8 127
-
unemployment
179
-
508
-
health
1 231
-
3 488
-
total
4 278
-
12 123
-
Corporate
69 825
98 000
-
-
income
10 474
14 700
-
-
total
10 474
14 700
-
-
Dividends
59 352
83 300
-
-
withholding
8 903
12 495
-
-
total
8 903
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 705
27 195
45 386
45 385
After tax
66 295
70 805
52 614
52 615
Living cost
15 848
15 848
15 848
15 848
Free-cash
50 448
54 957
36 766
36 767

Estimated living cost  is ₽15848 per week

₽10670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30647
₽30979
₽24385
₽29746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 056
income
-
-
-
9 434
surtax
-
-
-
-
total
-
-
-
43 490
Employee
35 651
-
79 192
-
surtax
-
-
-
-
social contributions
3 922
-
8 710
-
income
6 966
-
21 333
-
total
10 888
-
30 043
-
Employer
35 651
-
79 192
-
social contributions
8 466
-
18 808
-
total
8 466
-
18 808
-
Corporate
53 882
98 000
-
-
income
11 315
20 579
-
-
surtax
-
-
-
-
total
11 315
20 579
-
-
Dividends
42 568
77 421
-
-
withholding
11 920
21 678
-
-
total
11 920
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 589
42 257
48 851
43 490
After tax
55 411
55 743
49 149
54 510
Living cost
24 764
24 764
24 764
24 764
Free-cash
30 647
30 979
24 385
29 746

Estimated living cost  is ₽24764 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26727
₽33735
₽19052
₽20859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
596
income
-
-
-
19 317
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
44 859
Employee
44 362
-
74 309
-
unemployment
687
-
1 152
-
other
44
-
75
-
pensions
2 085
-
3 493
-
income
9 266
-
18 255
-
total
12 082
-
22 975
-
Employer
44 362
-
74 309
-
other
356
-
594
-
accident
879
-
1 471
-
pensions
10 469
-
17 538
-
unemployment
2 440
-
4 088
-
total
14 144
-
23 691
-
Corporate
39 494
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.

5 925
14 700
-
-
total
5 925
14 700
-
-
Dividends
33 569
83 300
-
-
withholding
6 840
17 283
-
-
total
6 840
17 283
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 991
31 983
46 666
44 859
After tax
59 009
66 017
51 334
53 141
Living cost
32 282
32 282
32 282
32 282
Free-cash
26 727
33 735
19 052
20 859

Estimated living cost  is ₽32282 per week

₽23184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62249
₽67883
₽61913
₽58770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
129
income
-
-
-
14 700
pensions

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

-
-
-
4 780
health
-
-
-
3 714
total
-
-
-
23 323
Employee
21 063
-
91 663
-
accident

We are using the highest rate at 1.1%.

231
-
355
-
health
969
-
1 486
-
pensions

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

1 849
-
2 836
-
income
2 107
-
9 166
-
total
5 156
-
13 843
-
Employer
21 063
-
91 663
-
accident

We are using the highest rate at 1.1%.

231
-
355
-
pensions

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

2 321
-
3 559
-
unemployment
127
-
194
-
health
1 453
-
2 229
-
total
4 132
-
6 337
-
Corporate
72 804
98 000
-
-
income
7 280
9 800
-
-
total
7 280
9 800
-
-
Dividends
65 524
88 200
-
-
withholding
3 276
4 410
-
-
total
3 276
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 844
14 210
20 180
23 323
After tax
78 156
83 790
77 820
74 677
Living cost
15 907
15 907
15 907
15 907
Free-cash
62 249
67 883
61 913
58 770

Estimated living cost  is ₽15907 per week

₽10521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
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.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27096
₽15076
₽33498
₽25563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 935
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.

-
-
-
21 577
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.

-
-
-
6 275
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.

-
-
-
1 187
total
-
-
-
36 974
Employee

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

45 704
-
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
-
1 187
-
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.

6 275
-
6 275
-
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.

3 758
-
21 577
-
total
10 240
-
29 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 296
98 000
-
-
trade
7 504
14 064
-
-
income
7 844
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.

432
809
-
-
chamber of commerce
216
282
-
-
total
15 996
29 855
-
-
Dividends
36 299
68 145
-
-
withholding
8 726
16 687
-
-
surtax

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

479
919
-
-
total
9 205
17 606
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 441
47 461
29 039
36 974
After tax
62 559
50 539
68 961
61 026
Living cost
35 463
35 463
35 463
35 463
Free-cash
27 096
15 076
33 498
25 563

Estimated living cost  is ₽35463 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18304
₽16275
₽12812
₽12812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 846
income
-
-
-
24 017
total
-
-
-
32 863
Employee
71 852
-
98 000
-
social contributions
5 969
-
8 846
-
income
13 558
-
24 017
-
total
19 527
-
32 863
-
Employer
71 852
-
98 000
-
total
-
-
-
-
Corporate
26 148
98 000
-
-
income
3 268
12 251
-
-
total
3 268
12 251
-
-
Dividends
22 880
85 749
-
-
withholding
4 576
17 149
-
-
total
4 576
17 149
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 371
29 400
32 863
32 863
After tax
70 629
68 600
65 137
65 137
Living cost
52 325
52 325
52 325
52 325
Free-cash
18 304
16 275
12 812
12 812

Estimated living cost  is ₽52325 per week

₽39808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28712
₽25503
₽38726
₽32948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 561
income
-
-
-
26 147
total
-
-
-
31 708
Employee
42 138
-
93 775
-
social contributions
4 222
-
4 225
-
income
4 572
-
17 480
-
total
8 794
-
21 705
-
Employer
42 138
-
93 775
-
social contributions
4 222
-
4 225
-
total
4 222
-
4 225
-
Corporate
51 640
98 000
-
-
income
18 075
34 300
-
-
total
18 075
34 300
-
-
Dividends
33 566
63 700
-
-
social contributions
4 853
4 853
-
-
total
4 853
4 853
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 944
39 153
25 930
31 708
After tax
62 056
58 847
72 070
66 292
Living cost
33 344
33 344
33 344
33 344
Free-cash
28 712
25 503
38 726
32 948

Estimated living cost  is ₽33344 per week

₽21964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34714
₽37161
₽27194
₽35989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 492
pensions
-
-
-
6 913
total
-
-
-
28 405
Employee
46 130
-
86 176
-
health
602
-
1 423
-
pensions
3 521
-
8 327
-
income
8 401
-
15 626
-
total
12 524
-
25 376
-
Employer
46 130
-
86 176
-
pensions
4 661
-
10 186
-
health
877
-
1 638
-
total
5 538
-
11 824
-
Corporate
46 333
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.

8 803
18 620
-
-
total
8 803
18 620
-
-
Dividends
37 530
79 380
-
-
withholding
2 815
8 613
-
-
total
2 815
8 613
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 680
27 233
37 200
28 405
After tax
68 320
70 767
60 800
69 595
Living cost
33 606
33 606
33 606
33 606
Free-cash
34 714
37 161
27 194
35 989

Estimated living cost  is ₽33606 per week

₽23054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4514
-₽14381
₽28558
₽44916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
347
income
-
-
-
24 240
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
30 765
Employee
35 108
-
84 209
-
health
4 020
-
9 642
-
pensions
3 953
-
7 148
-
income
4 817
-
16 542
-
total
12 790
-
33 332
-
Employer
35 108
-
84 209
-
accident
586
-
1 406
-
pensions
5 708
-
10 322
-
unemployment
860
-
2 063
-
total
7 154
-
13 791
-
Corporate
55 737
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.

50 164
88 200
-
-
total
50 164
88 200
-
-
Dividends
5 574
9 800
-
-
withholding
1 059
1 862
-
-
total
1 059
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 167
90 062
47 123
30 765
After tax
26 833
7 938
50 877
67 235
Living cost
22 319
22 319
22 319
22 319
Free-cash
4 514
-14 381
28 558
44 916

Estimated living cost  is ₽22319 per week

₽16379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽66454
₽70081
₽50252
₽43467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 197
pensions
-
-
-
18 032
health insurance
-
-
-
7 252
work injury
-
-
-
490
total
-
-
-
42 147
Employee

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

19 818
-
98 000
-
health insurance
1 467
-
5 426
-
unemployment
238
-
880
-
work injury
99
-
367
-
pensions
3 647
-
13 492
-
income
1 982
-
15 197
-
total
7 433
-
35 362
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 182
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
78 182
97 020
-
-
withholding
11 727
14 553
-
-
total
11 727
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 160
15 533
35 362
42 147
After tax
78 840
82 467
62 638
55 853
Living cost
12 386
12 386
12 386
12 386
Free-cash
66 454
70 081
50 252
43 467

Estimated living cost  is ₽12386 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
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.
₽3426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10846
₽15026
₽7804
₽12285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 014
social contributions
-
-
-
25 206
municipal
-
-
-
655
national
-
-
-
21 247
total
-
-
-
49 122
Employee
77 403
-
98 000
-
national
13 080
-
18 268
-
regional
1 169
-
1 705
-
municipal
462
-
584
-
social contributions
26 100
-
33 046
-
total
40 811
-
53 603
-
Employer
77 403
-
98 000
-
total
-
-
-
-
Corporate
20 597
98 000
-
-
nationa
4 944
23 520
-
-
municipal
994
4 724
-
-
total
5 938
28 244
-
-
Dividends
14 659
69 756
-
-
withholding
3 812
18 137
-
-
total
3 812
18 137
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 561
46 381
53 603
49 122
After tax
47 439
51 619
44 397
48 878
Living cost
36 593
36 593
36 593
36 593
Free-cash
10 846
15 026
7 804
12 285

Estimated living cost  is ₽36593 per week

₽25704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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