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
₽18786
₽30023
₽31432
₽39426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 994
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.

-
-
-
19 771
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.

-
-
-
6 941
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.

-
-
-
1 087
total
-
-
-
35 793
Employee

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

38 861
-
98 000
-
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.

6 941
-
6 941
-
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.

60
-
1 087
-
income

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

1 086
-
19 771
-
total
8 087
-
27 799
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 139
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.

488
808
-
-
income
8 871
14 700
-
-
trade
9 315
15 435
-
-
chamber of commerce
239
295
-
-
total
18 913
31 238
-
-
Dividends
40 226
66 763
-
-
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.

532
897
-
-
withholding
9 670
16 304
-
-
total
10 202
17 201
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 202
48 439
27 799
35 793
After tax
60 798
49 561
70 201
62 207
Living cost
30 775
30 775
30 775
30 775
Free-cash
30 023
18 786
39 426
31 432

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9884
₽9032
₽7994
₽8762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 168
pensions
-
-
-
11 760
national
-
-
-
15 757
social contributions
-
-
-
1 053
total
-
-
-
38 738
Employee
79 474
-
84 720
-
municipal
9 816
-
10 548
-
pensions
3 179
-
3 389
-
national
15 211
-
16 344
-
total
28 206
-
30 281
-
Employer
79 474
-
84 720
-
social contributions
854
-
911
-
pensions
6 358
-
6 778
-
total
7 212
-
7 689
-
Corporate
6 068
98 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 214
19 600
-
-
total
1 214
19 600
-
-
Dividends
4 854
78 400
-
-
withholding
1 068
17 248
-
-
total
1 068
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 700
36 848
37 970
38 738
After tax
60 300
61 152
60 030
59 262
Living cost
51 268
51 268
51 268
51 268
Free-cash
9 032
9 884
8 762
7 994

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57263
₽48928
₽31218
₽34141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
14 137
surtax
-
-
-
-
social contributions

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

-
-
-
31 507
total
-
-
-
45 644
Employee
29 689
-
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.

3 266
-
8 688
-
surtax
-
-
-
-
income
5 285
-
15 008
-
total
8 551
-
23 696
-
Employer
29 689
-
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.

7 151
-
19 025
-
surtax
-
-
-
-
total
7 151
-
19 025
-
Corporate
61 159
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%.

12 232
19 599
-
-
total
12 232
19 599
-
-
Dividends

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

48 927
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 934
19 599
42 721
45 644
After tax
70 066
78 401
55 279
52 356
Living cost
21 138
21 138
21 138
21 138
Free-cash
48 928
57 263
34 141
31 218

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2809
-₽2895
₽13082
-₽2895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 483
pensions
-
-
-
11 904
health
-
-
-
11 968
total
-
-
-
42 355
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
58 332
52 628
58 332
42 355
After tax
39 668
45 372
39 668
55 645
Living cost
42 563
42 563
42 563
42 563
Free-cash
-2 895
2 809
-2 895
13 082

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14355
₽13475
₽12177
₽13180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 811
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
-
total
-
-
-
46 670
Employee
55 789
-
74 570
-
municipal
16 636
-
22 237
-
national
-
-
-
-
total
16 636
-
22 237
-
Employer
55 789
-
74 570
-
accident
112
-
149
-
other
6 483
-
8 665
-
unemployment
1 473
-
1 969
-
pensions
6 031
-
8 061
-
health
3 431
-
4 586
-
total
17 530
-
23 430
-
Corporate
24 682
98 000
-
-
income
5 430
21 560
-
-
total
5 430
21 560
-
-
Dividends
19 252
76 440
-
-
withholding
5 776
22 932
-
-
total
5 776
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 372
44 492
45 667
46 670
After tax
52 628
53 508
52 333
51 330
Living cost
39 153
39 153
39 153
39 153
Free-cash
13 475
14 355
13 180
12 177

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9144
₽23418
₽21936
₽30287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 351
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.

-
-
-
19 771
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.

-
-
-
6 941
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.

-
-
-
1 087
total
-
-
-
36 150
Employee

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

51 525
-
98 000
-
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.

6 941
-
6 941
-
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.

243
-
1 087
-
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.

4 427
-
19 771
-
total
11 611
-
27 799
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 475
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.

384
808
-
-
income
6 972
14 700
-
-
trade
7 645
16 121
-
-
chamber of commerce
220
293
-
-
total
15 221
31 922
-
-
Dividends
31 254
66 078
-
-
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.

409
887
-
-
withholding
7 427
16 133
-
-
total
7 836
17 020
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 668
48 942
27 799
36 150
After tax
63 332
49 058
70 201
61 850
Living cost
39 914
39 914
39 914
39 914
Free-cash
23 418
9 144
30 287
21 936

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38803
₽34590
₽37056
₽36957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
10 202
health
-
-
-
2 499
social contributions
-
-
-
15 288
total
-
-
-
27 989
Employee
78 128
78 128
88 969
-
social contributions
3 796
6 484
7 385
-
health
777
1 328
1 512
-
income
8 204
7 232
10 159
-
total
12 777
15 044
19 056
-
Employer
78 128
78 128
88 969
-
social contributions
3 796
6 484
7 385
-
health
846
1 446
1 647
-
total
4 642
7 930
9 032
-
Corporate
47 624
11 941
-
-
income
5 952
1 492
-
-
total
5 952
1 492
-
-
Dividends
41 672
10 449
-
-
withholding
7 084
1 776
-
-
total
7 084
1 776
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 455
26 242
28 088
27 989
After tax
67 545
71 758
69 912
70 011
Living cost
32 955
32 955
32 955
32 955
Free-cash
34 590
38 803
36 957
37 056

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36815
₽37197
₽49485
₽38406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
11 981
pensions
-
-
-
9 800
unemployment
-
-
-
1 470
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.

26 567
10 573
82 008
-
health
1 860
740
5 741
-
income
3 248
1 293
10 026
-
pensions
2 657
1 057
8 201
-
unemployment
399
159
1 230
-
total
8 164
3 249
25 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
82 008
-
pensions
5 181
2 062
15 992
-
total
5 181
2 062
15 992
-
Corporate
66 253
85 365
-
-
income
5 963
7 683
-
-
total
5 963
7 683
-
-
Dividends
60 290
77 682
-
-
social contributions
11 636
15 027
-
-
withholding
11 455
14 760
-
-
total
23 091
29 787
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 399
42 781
41 190
30 111
After tax
55 601
55 219
56 810
67 889
Living cost
18 404
18 404
18 404
18 404
Free-cash
37 197
36 815
38 406
49 485

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53860
₽47547
₽27989
₽31945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
13 132
pensions
-
-
-
19 599
health
-
-
-
12 739
total
-
-
-
45 470
Employee
28 823
-
73 243
-
income
3 245
-
14 122
-
pensions
577
-
1 465
-
unemployment
461
-
1 172
-
total
4 283
-
16 759
-
Employer
28 823
-
73 243
-
unemployment
231
-
586
-
pensions
5 765
-
14 648
-
health
3 746
-
9 521
-
total
9 742
-
24 755
-
Corporate
59 434
98 000
-
-
income
11 887
19 599
-
-
total
11 887
19 599
-
-
Dividends
47 547
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 912
19 599
41 514
45 470
After tax
72 088
78 401
56 486
52 530
Living cost
24 541
24 541
24 541
24 541
Free-cash
47 547
53 860
31 945
27 989

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14255
₽4534
₽45087
₽28239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
255
income
-
-
-
23 694
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
30 720
Employee
34 910
-
83 448
-
health
3 997
-
9 555
-
income
4 789
-
15 765
-
pensions
3 931
-
7 696
-
total
12 717
-
33 016
-
Employer
34 910
-
83 448
-
accident
583
-
1 394
-
unemployment
855
-
2 044
-
pensions
5 677
-
11 114
-
total
7 115
-
14 552
-
Corporate
55 975
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.

50 377
88 200
-
-
total
50 377
88 200
-
-
Dividends
5 598
9 800
-
-
withholding
1 064
1 862
-
-
total
1 064
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 273
90 062
47 568
30 720
After tax
26 727
7 938
50 432
67 280
Living cost
22 193
22 193
22 193
22 193
Free-cash
4 534
-14 255
28 239
45 087

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83839
₽82103
₽87759
₽69139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
98 000
-
income
2 315
-
19 600
-
total
2 315
-
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%.

86 424
98 000
-
-
total
-
-
-
-
Dividends
86 424
98 000
-
-
withholding
4 321
4 900
-
-
total
4 321
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 636
4 900
19 600
980
After tax
91 364
93 100
78 400
97 020
Living cost
9 261
9 261
9 261
9 261
Free-cash
82 103
83 839
69 139
87 759

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44926
₽38067
₽25993
₽30370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
12 448
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.

-
-
-
23 521
other
-
-
-
4 654
health
-
-
-
4 311
total
-
-
-
44 934
Employee
36 891
-
78 275
-
health
517
-
1 095
-
income
6 351
-
13 474
-
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.

2 582
-
5 480
-
unemployment
368
-
783
-
total
9 818
-
20 832
-
Employer
36 891
-
78 275
-
accident
295
-
627
-
other
1 845
-
3 912
-
unemployment
368
-
783
-
pensions

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

6 272
-
13 308
-
health
517
-
1 095
-
total
9 297
-
19 725
-
Corporate
51 811
98 000
-
-
income
10 880
20 581
-
-
total
10 880
20 581
-
-
Dividends
40 931
77 419
-
-
withholding
2 865
5 420
-
-
total
2 865
5 420
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 860
26 001
40 557
44 934
After tax
65 140
71 999
57 443
53 066
Living cost
27 073
27 073
27 073
27 073
Free-cash
38 067
44 926
30 370
25 993

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4600
-₽12054
₽3018
-₽6887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
19 461
pensions
-
-
-
7 112
total
-
-
-
26 573
Employee
96 788
-
86 369
-
health
1 595
-
1 381
-
income
17 447
-
15 379
-
pensions
9 337
-
8 087
-
total
28 379
-
24 847
-
Employer
96 788
-
86 369
-
pensions
11 428
-
9 991
-
health
1 838
-
1 640
-
total
13 266
-
11 631
-
Corporate
-
98 000
-
-
income

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

-
18 621
-
-
total
-
18 621
-
-
Dividends
-
79 379
-
-
withholding
-
6 370
-
-
total
-
6 370
-
-
Income
98 000
98 000
98 000
98 000
Total tax
41 645
24 991
36 478
26 573
After tax
56 355
73 009
61 522
71 427
Living cost
68 409
68 409
68 409
68 409
Free-cash
-12 054
4 600
-6 887
3 018

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70468
₽65748
₽60501
₽63472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
24 177
Employee
17 641
-
91 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
9 104
-
pensions

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

1 549
-
3 116
-
total
4 318
-
14 243
-
Employer
17 641
-
91 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
76 898
98 000
-
-
income
7 690
9 800
-
-
total
7 690
9 800
-
-
Dividends
69 208
88 200
-
-
withholding
3 461
4 410
-
-
total
3 461
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 930
14 210
21 206
24 177
After tax
79 070
83 790
76 794
73 823
Living cost
13 322
13 322
13 322
13 322
Free-cash
65 748
70 468
63 472
60 501

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10969
-₽12693
-₽696
-₽16673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 483
pensions
-
-
-
11 904
health
-
-
-
11 968
total
-
-
-
42 355
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
54 352
52 628
58 332
42 355
After tax
43 648
45 372
39 668
55 645
Living cost
56 341
56 341
56 341
56 341
Free-cash
-12 693
-10 969
-16 673
-696

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43199
₽34539
₽23457
₽25457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 616
total
-
-
-
50 269
Employee
35 697
-
73 134
-
social contributions
2 320
-
4 754
-
health
4 819
-
9 873
-
solidarity contribution
-
-
-
-
income
4 284
-
8 776
-
total
11 423
-
23 403
-
Employer
35 697
-
73 134
-
social contributions
8 924
-
18 284
-
health
3 213
-
6 582
-
total
12 137
-
24 866
-
Corporate
50 166
98 000
-
-
income
9 532
18 620
-
-
total
9 532
18 620
-
-
Dividends
40 635
79 380
-
-
withholding
6 095
11 907
-
-
total
6 095
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 187
30 527
48 269
50 269
After tax
58 813
67 473
49 731
47 731
Living cost
24 274
24 274
24 274
24 274
Free-cash
34 539
43 199
25 457
23 457

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9415
₽4107
₽7698
₽3033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
582
regional
-
-
-
1 076
national
-
-
-
20 565
social contributions
-
-
-
25 206
total
-
-
-
47 429
Employee
90 299
-
98 000
-
social contributions
30 449
-
33 046
-
regional
852
-
941
-
municipal
478
-
521
-
national
15 647
-
17 586
-
total
47 426
-
52 094
-
Employer
90 299
-
98 000
-
total
-
-
-
-
Corporate
7 701
98 000
-
-
nationa
1 849
23 519
-
-
municipal
301
3 822
-
-
total
2 150
27 341
-
-
Dividends
5 551
70 659
-
-
withholding
1 444
18 371
-
-
total
1 444
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
51 020
45 712
52 094
47 429
After tax
46 980
52 288
45 906
50 571
Living cost
42 873
42 873
42 873
42 873
Free-cash
4 107
9 415
3 033
7 698

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39222
₽36062
₽28370
₽26474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 250
pensions
-
-
-
19 599
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 957
surtax
-
-
-
2 173
total
-
-
-
47 210
Employee
33 600
-
80 957
-
other
-
-
-
-
health
858
-
2 065
-
surtax
110
-
1 955
-
income
5 632
-
17 010
-
pensions
2 240
-
5 401
-
unemployment
2 339
-
5 634
-
total
11 179
-
32 065
-
Employer
33 600
-
80 957
-
other
-
-
-
-
unemployment
1 064
-
2 566
-
pensions
4 479
-
10 792
-
health
1 529
-
3 683
-
total
7 072
-
17 041
-
Corporate
57 328
98 000
-
-
income
14 904
25 480
-
-
total
14 904
25 480
-
-
Dividends
42 424
72 520
-
-
withholding
6 363
10 878
-
-
total
6 363
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 518
36 358
49 106
47 210
After tax
58 482
61 642
48 894
50 790
Living cost
22 420
22 420
22 420
22 420
Free-cash
36 062
39 222
26 474
28 370

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26274
₽18641
₽24692
₽14787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
19 461
pensions
-
-
-
7 112
total
-
-
-
26 573
Employee
64 865
-
86 369
-
health
942
-
1 381
-
income
11 682
-
15 379
-
pensions
5 506
-
8 087
-
total
18 130
-
24 847
-
Employer
64 865
-
86 369
-
pensions
7 022
-
9 991
-
health
1 232
-
1 640
-
total
8 254
-
11 631
-
Corporate
24 881
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.

4 728
18 621
-
-
total
4 728
18 621
-
-
Dividends
20 153
79 379
-
-
withholding
1 512
6 370
-
-
total
1 512
6 370
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 624
24 991
36 478
26 573
After tax
65 376
73 009
61 522
71 427
Living cost
46 735
46 735
46 735
46 735
Free-cash
18 641
26 274
14 787
24 692

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32804
-₽1482
₽4316
-₽651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 033
pensions
-
-
-
9 016
other

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

-
-
-
1 960
regional
-
-
-
3 261
health
-
-
-
253
national
-
-
-
546
total
-
-
-
16 069
Employee
90 829
-
87 716
-
city
975
-
943
-
regional
2 974
-
2 805
-
health
205
-
197
-
pensions
7 631
-
7 368
-
unemployment
-
-
-
-
national
430
-
404
-
total
12 215
-
11 717
-
Employer
90 829
-
87 716
-
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.

1 816
-
1 754
-
unemployment
-
-
-
-
pensions
7 631
-
7 368
-
health
205
-
197
-
total
9 652
-
9 319
-
Corporate
-
98 000
-
-
regional
-
20 728
-
-
national
-
8 331
-
-
total
-
29 059
-
-
Dividends
-
68 942
-
-
withholding
-
24 130
-
-
total
-
24 130
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 867
53 189
21 036
16 069
After tax
76 133
44 811
76 964
81 931
Living cost
77 615
77 615
77 615
77 615
Free-cash
-1 482
-32 804
-651
4 316

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2009
₽18483
₽14951
₽23656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
trade
-
-
-
8 705
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.

-
-
-
19 771
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.

-
-
-
6 941
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.

-
-
-
1 087
total
-
-
-
36 504
Employee

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

61 062
-
98 000
-
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.

6 941
-
6 941
-
surtax

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

395
-
1 087
-
income

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

7 180
-
19 771
-
total
14 516
-
27 799
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 938
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.

305
808
-
-
income
5 541
14 700
-
-
trade
6 336
16 807
-
-
chamber of commerce
206
293
-
-
total
12 388
32 608
-
-
Dividends
24 550
65 392
-
-
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.

316
877
-
-
withholding
5 752
15 961
-
-
total
6 068
16 838
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 972
49 446
27 799
36 504
After tax
65 028
48 554
70 201
61 496
Living cost
46 545
46 545
46 545
46 545
Free-cash
18 483
2 009
23 656
14 951

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽14630
₽20632
₽21771
₽20931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 823
pensions
-
-
-
25 193
other
-
-
-
3 043
health
-
-
-
1 616
surtax
-
-
-
-
social contributions
-
-
-
2 792
total
-
-
-
41 467
Employee
43 485
-
74 677
-
social contributions
1 240
-
2 127
-
surtax
-
-
-
-
income
2 566
-
8 414
-
pensions
4 917
-
8 445
-
total
8 723
-
18 986
-
Employer
43 485
-
74 677
-
other
1 500
-
2 576
-
social contributions
131
-
224
-
unemployment
1 760
-
3 025
-
pensions
7 144
-
12 269
-
health
3 045
-
5 227
-
total
13 580
-
23 321
-
Corporate
40 935
98 000
-
-
surtax
-
-
-
-
income
11 463
27 439
-
-
total
11 463
27 439
-
-
Dividends
29 473
70 561
-
-
surtax
-
-
-
-
social contributions
5 067
12 138
-
-
withholding
3 773
9 031
-
-
total
8 840
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 606
48 608
42 307
41 467
After tax
55 394
49 392
55 693
56 533
Living cost
34 762
34 762
34 762
34 762
Free-cash
20 632
14 630
20 931
21 771

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18074
₽23720
₽25215
₽24375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 823
pensions
-
-
-
25 193
other
-
-
-
3 043
health
-
-
-
1 616
surtax
-
-
-
-
social contributions
-
-
-
2 792
total
-
-
-
41 467
Employee
38 816
-
74 677
-
social contributions
1 107
-
2 127
-
surtax
-
-
-
-
income
2 001
-
8 414
-
pensions
4 390
-
8 445
-
total
7 498
-
18 986
-
Employer
38 816
-
74 677
-
other
1 340
-
2 576
-
social contributions
116
-
224
-
unemployment
1 571
-
3 025
-
pensions
6 378
-
12 269
-
health
2 717
-
5 227
-
total
12 122
-
23 321
-
Corporate
47 062
98 000
-
-
surtax
-
-
-
-
income
13 177
27 439
-
-
total
13 177
27 439
-
-
Dividends
33 885
70 561
-
-
surtax
-
-
-
-
social contributions
5 829
12 138
-
-
withholding
4 336
9 031
-
-
total
10 165
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 962
48 608
42 307
41 467
After tax
55 038
49 392
55 693
56 533
Living cost
31 318
31 318
31 318
31 318
Free-cash
23 720
18 074
24 375
25 215

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38246
₽38770
₽41390
₽41749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 700
health
-
-
-
6 841
social contributions
-
-
-
13 524
total
-
-
-
35 065
Employee
34 450
-
98 000
-
social contributions
4 755
-
13 524
-
health
2 404
-
6 841
-
income
5 746
-
14 341
-
total
12 905
-
34 706
-
Employer
34 450
-
98 000
-
total
-
-
-
-
Corporate
63 550
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%.

3 178
4 899
-
-
total
3 178
4 899
-
-
Dividends
60 373
93 101
-
-
health
4 215
6 498
-
-
social contributions
8 331
12 847
-
-
withholding
9 056
13 965
-
-
total
21 602
33 310
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 685
38 209
34 706
35 065
After tax
60 315
59 791
63 294
62 935
Living cost
21 545
21 545
21 545
21 545
Free-cash
38 770
38 246
41 749
41 390

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19193
₽17626
₽14115
-₽5606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
chamber of commerce
-
-
-
391
income
-
-
-
15 633
pensions
-
-
-
18 130
unemployment
-
-
-
6 232
health
-
-
-
7 497
surtax
-
-
-
201
total
-
-
-
48 084
Employee
50 777
40 491
75 940
-
other
507
405
760
-
health
1 965
1 568
2 938
-
income
5 781
2 987
13 971
-
pensions
5 200
4 145
7 776
-
unemployment
1 523
1 215
2 279
-
total
14 976
10 320
27 724
-
Employer
50 777
40 491
75 940
-
accident
659
526
987
-
other
2 412
1 922
3 608
-
chamber of commerce
202
162
305
-
unemployment
1 523
1 215
2 279
-
surtax
201
201
201
-
pensions
6 372
5 083
9 531
-
payroll
1 523
1 215
2 279
-
health
1 918
1 531
2 871
-
total
14 810
11 855
22 061
-
Corporate
32 411
45 655
72 084
-
income

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

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

8 102
11 414
18 020
-
total
8 102
11 414
18 020
-
Dividends
24 309
34 241
-
-
withholding
6 685
9 417
-
-
total
6 685
9 417
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 573
43 006
67 805
48 084
After tax
53 427
54 994
30 195
49 916
Living cost
35 801
35 801
35 801
35 801
Free-cash
17 626
19 193
-5 606
14 115

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17931
₽2691
₽9423
₽1373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
31 463
communal

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

-
-
-
4 975
social contributions
-
-
-
15 093
total
-
-
-
51 531
Employee

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

72 678
-
75 904
-
communal

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

3 791
-
3 958
-
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.

3 415
-
3 569
-
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.

5 451
-
5 694
-
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.

632
-
659
-
national
22 344
-
23 605
-
total
35 633
-
37 485
-
Employer

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

72 678
-
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.

945
-
987
-
unemployment

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

1 060
-
1 109
-
surtax
8 241
-
8 607
-
pensions

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

6 440
-
6 725
-
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.

4 469
-
4 668
-
total
21 155
-
22 096
-
Corporate
4 167
98 000
-
-
surtax
17
391
-
-
income
833
19 599
-
-
total
850
19 990
-
-
Dividends
3 317
78 009
-
-
withholding

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

625
23 033
-
-
total
625
23 033
-
-
Income
98 000
98 000
98 000
98 000
Total tax
58 263
43 023
59 581
51 531
After tax
39 737
54 977
38 419
46 469
Living cost
37 046
37 046
37 046
37 046
Free-cash
2 691
17 931
1 373
9 423

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29345
₽21252
₽15538
₽15440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
848
income
-
-
-
17 518
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
45 769
Employee
50 576
-
74 309
-
other
50
-
75
-
income
10 671
-
17 460
-
pensions
2 377
-
3 492
-
unemployment
785
-
1 151
-
total
13 883
-
22 178
-
Employer
50 576
-
74 309
-
accident
1 001
-
1 471
-
other
403
-
594
-
unemployment
2 782
-
4 088
-
pensions
11 935
-
17 536
-
total
16 121
-
23 689
-
Corporate
31 303
98 000
-
-
income

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

4 695
14 700
-
-
total
4 695
14 700
-
-
Dividends
26 608
83 300
-
-
withholding
5 356
17 262
-
-
total
5 356
17 262
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 055
31 962
45 867
45 769
After tax
57 945
66 038
52 133
52 231
Living cost
36 693
36 693
36 693
36 693
Free-cash
21 252
29 345
15 440
15 538

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽4871
-₽1872
₽1327
₽5827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
827
income
-
-
-
8 005
pensions
-
-
-
14 688
health
-
-
-
6 885
surtax
-
-
-
4 859
communal
-
-
-
6 193
total
-
-
-
41 457
Employee
76 944
-
87 538
-
health
3 424
-
3 897
-
surtax
4 716
-
5 364
-
income
7 432
-
10 231
-
pensions
6 155
-
7 003
-
total
21 727
-
26 495
-
Employer
76 944
-
87 538
-
accident
692
-
789
-
pensions
6 155
-
7 003
-
health
2 347
-
2 670
-
total
9 194
-
10 462
-
Corporate
11 863
98 000
-
-
surtax
125
1 030
-
-
communal
-
6 615
-
-
income
1 780
14 700
-
-
total
1 905
22 345
-
-
Dividends
9 958
75 655
-
-
income
10 336
4 219
-
-
withholding
1 494
11 349
-
-
total
11 830
15 568
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 656
37 913
36 957
41 457
After tax
53 344
60 087
61 043
56 543
Living cost
55 216
55 216
55 216
55 216
Free-cash
-1 872
4 871
5 827
1 327

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38821
₽35589
₽27969
₽26073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
18 250
pensions
-
-
-
19 599
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 957
surtax
-
-
-
2 173
total
-
-
-
47 210
Employee
34 217
-
80 957
-
other
-
-
-
-
health
873
-
2 065
-
surtax
121
-
1 955
-
income
5 736
-
17 010
-
pensions
2 283
-
5 401
-
unemployment
2 381
-
5 634
-
total
11 394
-
32 065
-
Employer
34 217
-
80 957
-
other
-
-
-
-
unemployment
1 086
-
2 566
-
pensions
4 562
-
10 792
-
health
1 556
-
3 683
-
total
7 204
-
17 041
-
Corporate
56 580
98 000
-
-
income
14 712
25 480
-
-
total
14 712
25 480
-
-
Dividends
41 868
72 520
-
-
withholding
6 280
10 878
-
-
total
6 280
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 590
36 358
49 106
47 210
After tax
58 410
61 642
48 894
50 790
Living cost
22 821
22 821
22 821
22 821
Free-cash
35 589
38 821
26 073
27 969

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24142
₽21887
₽22799
₽18159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
582
regional
-
-
-
1 478
national
-
-
-
20 565
social contributions
-
-
-
25 206
total
-
-
-
47 831
Employee
56 361
-
98 000
-
social contributions
19 005
-
33 046
-
regional
759
-
1 318
-
municipal
299
-
521
-
national
8 929
-
17 586
-
total
28 992
-
52 471
-
Employer
56 361
-
98 000
-
total
-
-
-
-
Corporate
41 639
98 000
-
-
nationa
9 993
23 519
-
-
municipal
2 069
4 870
-
-
total
12 062
28 389
-
-
Dividends
29 577
69 610
-
-
withholding
7 689
18 099
-
-
total
7 689
18 099
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 743
46 488
52 471
47 831
After tax
49 257
51 512
45 529
50 169
Living cost
27 370
27 370
27 370
27 370
Free-cash
21 887
24 142
18 159
22 799

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37561
₽26891
₽17819
₽19819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
health
-
-
-
13 230
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 616
total
-
-
-
50 269
Employee
43 988
-
73 134
-
social contributions
2 859
-
4 754
-
health
5 938
-
9 873
-
solidarity contribution
-
-
-
-
income
5 278
-
8 776
-
total
14 075
-
23 403
-
Employer
43 988
-
73 134
-
social contributions
10 997
-
18 284
-
health
3 959
-
6 582
-
total
14 956
-
24 866
-
Corporate
39 057
98 000
-
-
income
7 421
18 620
-
-
total
7 421
18 620
-
-
Dividends
31 636
79 380
-
-
withholding
4 745
11 907
-
-
total
4 745
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
41 197
30 527
48 269
50 269
After tax
56 803
67 473
49 731
47 731
Living cost
29 912
29 912
29 912
29 912
Free-cash
26 891
37 561
19 819
17 819

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22689
₽22189
₽17702
-₽2185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
chamber of commerce
-
-
-
391
income
-
-
-
15 633
pensions
-
-
-
18 130
unemployment
-
-
-
6 232
health
-
-
-
7 497
surtax
-
-
-
-
total
-
-
-
47 883
Employee
44 414
40 491
76 100
-
other
443
405
762
-
health
1 718
1 568
2 944
-
income
3 957
2 987
14 027
-
pensions
4 548
4 145
7 793
-
unemployment
1 332
1 215
2 283
-
total
11 998
10 320
27 809
-
Employer
44 414
40 491
76 100
-
accident
577
526
989
-
other
2 109
1 922
3 613
-
chamber of commerce
177
162
305
-
unemployment
1 332
1 215
2 283
-
surtax
-
-
-
-
pensions
5 574
5 083
9 550
-
payroll
1 332
1 215
2 283
-
health
1 679
1 531
2 877
-
total
12 780
11 654
21 900
-
Corporate
40 805
45 856
72 244
-
income

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

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

10 202
11 465
18 061
-
total
10 202
11 465
18 061
-
Dividends
30 603
34 391
-
-
withholding
8 416
9 457
-
-
total
8 416
9 457
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 396
42 896
67 770
47 883
After tax
54 604
55 104
30 230
50 117
Living cost
32 415
32 415
32 415
32 415
Free-cash
22 189
22 689
-2 185
17 702

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78668
₽75962
₽82588
₽63968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
98 000
-
income
3 608
-
19 600
-
total
3 608
-
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%.

79 960
98 000
-
-
total
-
-
-
-
Dividends
79 960
98 000
-
-
withholding
3 998
4 900
-
-
total
3 998
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 606
4 900
19 600
980
After tax
90 394
93 100
78 400
97 020
Living cost
14 432
14 432
14 432
14 432
Free-cash
75 962
78 668
63 968
82 588

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40222
₽31724
₽23609
₽20801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
98 000
income
-
-
-
19 452
pensions
-
-
-
17 897
unemployment
-
-
-
147
health
-
-
-
9 643
total
-
-
-
47 139
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.

44 929
-
84 798
-
health
2 902
-
5 478
-
income
7 748
-
18 004
-
pensions
6 964
-
13 144
-
unemployment
64
-
120
-
total
17 678
-
36 746
-
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.

44 929
-
84 798
-
unemployment
27
-
50
-
pensions
3 976
-
7 504
-
health
2 992
-
5 647
-
total
6 995
-
13 201
-
Corporate
46 075
98 000
-
-
income
8 754
18 620
-
-
total
8 754
18 620
-
-
Dividends
37 322
79 380
-
-
withholding
5 597
11 906
-
-
total
5 597
11 906
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 024
30 526
49 947
47 139
After tax
58 976
67 474
48 053
50 861
Living cost
27 252
27 252
27 252
27 252
Free-cash
31 724
40 222
20 801
23 609

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15723
-₽53702
₽23826
₽40715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
19 102
social contributions
-
-
-
11 172
total
-
-
-
30 274
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
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
107 802
38 377
13 385
30 274
After tax
-9 802
59 623
84 615
67 726
Living cost
43 900
43 900
43 900
43 900
Free-cash
-53 702
15 723
40 715
23 826

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23871
₽22849
₽23106
₽18332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
8 970
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 024
Employee
46 730
-
79 191
-
social contributions
5 140
-
8 711
-
surtax
-
-
-
-
income
9 720
-
20 278
-
total
14 860
-
28 989
-
Employer
46 730
-
79 191
-
social contributions
11 098
-
18 809
-
total
11 098
-
18 809
-
Corporate
40 172
98 000
-
-
surtax
-
-
-
-
income
8 436
20 581
-
-
total
8 436
20 581
-
-
Dividends
31 736
77 419
-
-
withholding
8 887
21 678
-
-
total
8 887
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 281
42 259
47 798
43 024
After tax
54 719
55 741
50 202
54 976
Living cost
31 870
31 870
31 870
31 870
Free-cash
22 849
23 871
18 332
23 106

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
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.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽319
₽7302
₽7460
₽6620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 823
pensions
-
-
-
25 193
other
-
-
-
3 043
health
-
-
-
1 616
surtax
-
-
-
-
social contributions
-
-
-
2 792
total
-
-
-
41 467
Employee
63 636
-
74 677
-
social contributions
1 812
-
2 127
-
surtax
-
-
-
-
income
5 552
-
8 414
-
pensions
7 198
-
8 445
-
total
14 562
-
18 986
-
Employer
63 636
-
74 677
-
other
2 196
-
2 576
-
social contributions
191
-
224
-
unemployment
2 578
-
3 025
-
pensions
10 456
-
12 269
-
health
4 454
-
5 227
-
total
19 875
-
23 321
-
Corporate
14 489
98 000
-
-
surtax
-
-
-
-
income
4 057
27 439
-
-
total
4 057
27 439
-
-
Dividends
10 432
70 561
-
-
surtax
-
-
-
-
social contributions
1 795
12 138
-
-
withholding
1 336
9 031
-
-
total
3 131
21 169
-
-
Income
98 000
98 000
98 000
98 000
Total tax
41 625
48 608
42 307
41 467
After tax
56 375
49 392
55 693
56 533
Living cost
49 073
49 073
49 073
49 073
Free-cash
7 302
319
6 620
7 460

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57657
₽54245
₽44390
₽47030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
1 508
social contributions
-
-
-
21 560
total
-
-
-
23 068
Employee
32 665
-
84 848
-
income
-
-
1 764
-
social contributions
2 123
-
5 514
-
total
2 123
-
7 278
-
Employer
32 665
-
84 848
-
social contributions
5 063
-
13 150
-
total
5 063
-
13 150
-
Corporate
60 272
98 000
-
-
income
6 027
9 801
-
-
total
6 027
9 801
-
-
Dividends
54 245
88 199
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
13 213
9 801
20 428
23 068
After tax
84 787
88 199
77 572
74 932
Living cost
30 542
30 542
30 542
30 542
Free-cash
54 245
57 657
47 030
44 390

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽123348
-₽123348
₽12074
-₽123348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 010
pensions
-
-
-
881
national
-
-
-
10 339
labour market
-
-
-
7 769
total
-
-
-
36 999
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
172 421
172 421
172 421
36 999
After tax
-74 421
-74 421
-74 421
61 001
Living cost
48 927
48 927
48 927
48 927
Free-cash
-123 348
-123 348
-123 348
12 074

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13927
₽4584
₽45415
₽28567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
255
income
-
-
-
23 694
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
30 720
Employee
34 396
-
83 448
-
health
3 939
-
9 555
-
income
4 719
-
15 765
-
pensions
3 873
-
7 696
-
total
12 531
-
33 016
-
Employer
34 396
-
83 448
-
accident
574
-
1 394
-
unemployment
843
-
2 044
-
pensions
5 593
-
11 114
-
total
7 010
-
14 552
-
Corporate
56 594
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.

50 935
88 200
-
-
total
50 935
88 200
-
-
Dividends
5 659
9 800
-
-
withholding
1 075
1 862
-
-
total
1 075
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
71 551
90 062
47 568
30 720
After tax
26 449
7 938
50 432
67 280
Living cost
21 865
21 865
21 865
21 865
Free-cash
4 584
-13 927
28 567
45 415

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26429
₽23846
₽30986
₽17185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 444
health
-
-
-
1 086
national
-
-
-
9 476
total
-
-
-
28 006
Employee
53 456
-
82 442
-
health
399
-
846
-
municipal
8 756
-
13 464
-
pensions
3 608
-
5 565
-
unemployment
802
-
1 236
-
national
883
-
5 140
-
total
14 448
-
26 251
-
Employer
53 456
-
82 442
-
accident
54
-
83
-
unemployment
347
-
536
-
pensions
9 274
-
14 303
-
health
411
-
634
-
total
10 086
-
15 556
-
Corporate
34 458
98 000
-
-
income
6 891
19 599
-
-
total
6 891
19 599
-
-
Dividends

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

20 675
58 800
-
-
national
-
2 381
-
-
municipal
3 721
10 583
-
-
total
3 721
12 964
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 146
32 563
41 807
28 006
After tax
62 854
65 437
56 193
69 994
Living cost
39 008
39 008
39 008
39 008
Free-cash
23 846
26 429
17 185
30 986

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48234
₽42703
₽46487
₽46388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
10 202
health
-
-
-
2 499
social contributions
-
-
-
15 288
total
-
-
-
27 989
Employee
78 128
78 128
88 969
-
social contributions
2 954
6 484
7 385
-
health
605
1 328
1 512
-
income
8 507
7 232
10 159
-
total
12 066
15 044
19 056
-
Employer
78 128
78 128
88 969
-
social contributions
2 954
6 484
7 385
-
health
657
1 446
1 647
-
total
3 611
7 930
9 032
-
Corporate
58 798
11 941
-
-
income
7 350
1 492
-
-
total
7 350
1 492
-
-
Dividends
51 448
10 449
-
-
withholding
8 746
1 776
-
-
total
8 746
1 776
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 773
26 242
28 088
27 989
After tax
66 227
71 758
69 912
70 011
Living cost
23 524
23 524
23 524
23 524
Free-cash
42 703
48 234
46 388
46 487

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65022
₽59852
₽62398
₽44328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
98 000
income
-
-
-
9 301
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
19 470
Employee

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

23 322
-
88 849
-
health
1 982
-
7 552
-
income
1 595
-
7 069
-
pensions
3 498
-
13 327
-
unemployment
116
-
443
-
total
7 191
-
28 391
-
Employer

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

23 322
-
88 849
-
unemployment
116
-
443
-
pensions
1 282
-
4 886
-
health
1 003
-
3 820
-
total
2 401
-
9 149
-
Corporate
72 278
98 000
-
-
income
6 505
8 819
-
-
total
6 505
8 819
-
-
Dividends
65 772
89 181
-
-
withholding
5 919
8 027
-
-
total
5 919
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
22 016
16 846
37 540
19 470
After tax
75 984
81 154
60 460
78 530
Living cost
16 132
16 132
16 132
16 132
Free-cash
59 852
65 022
44 328
62 398

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38098
₽32769
₽24291
₽24193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
848
income
-
-
-
17 518
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
45 769
Employee
37 569
-
74 309
-
other
37
-
75
-
income
7 243
-
17 460
-
pensions
1 766
-
3 492
-
unemployment
582
-
1 151
-
total
9 628
-
22 178
-
Employer
37 569
-
74 309
-
accident
744
-
1 471
-
other
301
-
594
-
unemployment
2 067
-
4 088
-
pensions
8 866
-
17 536
-
total
11 978
-
23 689
-
Corporate
48 454
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.

7 267
14 700
-
-
total
7 267
14 700
-
-
Dividends
41 187
83 300
-
-
withholding
8 418
17 262
-
-
total
8 418
17 262
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 291
31 962
45 867
45 769
After tax
60 709
66 038
52 133
52 231
Living cost
27 940
27 940
27 940
27 940
Free-cash
32 769
38 098
24 193
24 291

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58371
₽57915
₽59285
₽59088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
32 434
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
35 934
Employee
4 236
-
95 718
-
health
212
-
507
-
income
820
-
32 327
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
33 848
-
Employer
4 236
-
95 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
92 810
98 000
-
-
income
20 418
21 560
-
-
total
20 418
21 560
-
-
Dividends
72 392
76 440
-
-
withholding
14 478
15 288
-
-
total
14 478
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 304
36 848
36 131
35 934
After tax
60 696
61 152
61 869
62 066
Living cost
2 781
2 781
2 781
2 781
Free-cash
57 915
58 371
59 088
59 285

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53246
₽48248
₽33858
₽33859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
income
-
-
-
18 219
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
46 583
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.

26 477
-
84 569
-
health
1 364
-
3 864
-
income
3 650
-
18 219
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
33 151
-
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.

26 477
-
84 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
66 784
98 000
-
-
income
10 018
14 700
-
-
total
10 018
14 700
-
-
Dividends
56 766
83 300
-
-
withholding
8 515
12 495
-
-
total
8 515
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 193
27 195
46 582
46 583
After tax
65 807
70 805
51 418
51 417
Living cost
17 559
17 559
17 559
17 559
Free-cash
48 248
53 246
33 859
33 858

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28349
₽27985
₽27584
₽22810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
8 970
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 024
Employee
39 435
-
79 191
-
social contributions
4 338
-
8 711
-
surtax
-
-
-
-
income
7 705
-
20 278
-
total
12 043
-
28 989
-
Employer
39 435
-
79 191
-
social contributions
9 365
-
18 809
-
total
9 365
-
18 809
-
Corporate
49 200
98 000
-
-
surtax
-
-
-
-
income
10 333
20 581
-
-
total
10 333
20 581
-
-
Dividends
38 868
77 419
-
-
withholding
10 882
21 678
-
-
total
10 882
21 678
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 623
42 259
47 798
43 024
After tax
55 377
55 741
50 202
54 976
Living cost
27 392
27 392
27 392
27 392
Free-cash
27 985
28 349
22 810
27 584

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30330
₽22582
₽16523
₽16425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
848
income
-
-
-
17 518
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
45 769
Employee
49 070
-
74 309
-
other
48
-
75
-
income
10 249
-
17 460
-
pensions
2 306
-
3 492
-
unemployment
760
-
1 151
-
total
13 363
-
22 178
-
Employer
49 070
-
74 309
-
accident
972
-
1 471
-
other
393
-
594
-
unemployment
2 699
-
4 088
-
pensions
11 580
-
17 536
-
total
15 644
-
23 689
-
Corporate
33 285
98 000
-
-
income

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

4 992
14 700
-
-
total
4 992
14 700
-
-
Dividends
28 293
83 300
-
-
withholding
5 711
17 262
-
-
total
5 711
17 262
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 710
31 962
45 867
45 769
After tax
58 290
66 038
52 133
52 231
Living cost
35 708
35 708
35 708
35 708
Free-cash
22 582
30 330
16 425
16 523

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66311
₽60119
₽56344
₽59315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
24 177
Employee
23 145
-
91 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
9 104
-
pensions

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

2 032
-
3 116
-
total
5 666
-
14 243
-
Employer
23 145
-
91 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
70 314
98 000
-
-
income
7 031
9 800
-
-
total
7 031
9 800
-
-
Dividends
63 282
88 200
-
-
withholding
3 164
4 410
-
-
total
3 164
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
20 402
14 210
21 206
24 177
After tax
77 598
83 790
76 794
73 823
Living cost
17 479
17 479
17 479
17 479
Free-cash
60 119
66 311
59 315
56 344

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11342
₽24635
₽23691
₽30975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 284
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.

-
-
-
19 771
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.

-
-
-
6 941
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.

-
-
-
1 087
total
-
-
-
35 083
Employee

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

50 554
-
98 000
-
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.

6 941
-
6 941
-
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.

229
-
1 087
-
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.

4 157
-
19 771
-
total
11 327
-
27 799
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 446
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.

391
808
-
-
income
7 117
14 700
-
-
trade
6 808
14 064
-
-
chamber of commerce
224
299
-
-
total
14 540
29 871
-
-
Dividends
32 906
68 130
-
-
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
916
-
-
withholding
7 840
16 645
-
-
total
8 272
17 561
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 139
47 432
27 799
35 083
After tax
63 861
50 568
70 201
62 917
Living cost
39 226
39 226
39 226
39 226
Free-cash
24 635
11 342
30 975
23 691

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10722
₽12965
₽9076
₽9076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
22 407
social contributions
-
-
-
8 639
total
-
-
-
31 046
Employee
79 477
-
98 000
-
income
14 997
-
22 407
-
social contributions
6 603
-
8 639
-
total
21 600
-
31 046
-
Employer
79 477
-
98 000
-
total
-
-
-
-
Corporate
18 523
98 000
-
-
income
2 316
12 249
-
-
total
2 316
12 249
-
-
Dividends
16 208
85 751
-
-
withholding
3 241
17 151
-
-
total
3 241
17 151
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 157
29 400
31 046
31 046
After tax
70 843
68 600
66 954
66 954
Living cost
57 878
57 878
57 878
57 878
Free-cash
12 965
10 722
9 076
9 076

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21451
₽25815
₽25384
₽35034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 000
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
93 326
-
income
5 057
-
16 736
-
social contributions
4 670
-
4 674
-
total
9 727
-
21 410
-
Employer
46 610
-
93 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
46 720
98 000
-
-
income
16 352
34 299
-
-
total
16 352
34 299
-
-
Dividends
30 368
63 701
-
-
social contributions
4 554
5 368
-
-
total
4 554
5 368
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 303
39 667
26 084
35 734
After tax
62 697
58 333
71 916
62 266
Living cost
36 882
36 882
36 882
36 882
Free-cash
25 815
21 451
35 034
25 384

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35015
₽29660
₽33433
₽23528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
19 461
pensions
-
-
-
7 112
total
-
-
-
26 573
Employee
52 152
-
86 369
-
health
680
-
1 381
-
income
9 497
-
15 379
-
pensions
3 981
-
8 087
-
total
14 158
-
24 847
-
Employer
52 152
-
86 369
-
pensions
5 269
-
9 991
-
health
991
-
1 640
-
total
6 260
-
11 631
-
Corporate
39 587
98 000
-
-
income

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

7 522
18 621
-
-
total
7 522
18 621
-
-
Dividends
32 066
79 379
-
-
withholding
2 406
6 370
-
-
total
2 406
6 370
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 346
24 991
36 478
26 573
After tax
67 654
73 009
61 522
71 427
Living cost
37 994
37 994
37 994
37 994
Free-cash
29 660
35 015
23 528
33 433

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16092
₽4253
₽43250
₽26402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
accident
-
-
-
255
income
-
-
-
23 694
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
30 720
Employee
37 800
-
83 448
-
health
4 328
-
9 555
-
income
5 186
-
15 765
-
pensions
4 256
-
7 696
-
total
13 770
-
33 016
-
Employer
37 800
-
83 448
-
accident
631
-
1 394
-
unemployment
926
-
2 044
-
pensions
6 146
-
11 114
-
total
7 703
-
14 552
-
Corporate
52 496
98 000
-
-
income

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

47 246
88 200
-
-
total
47 246
88 200
-
-
Dividends
5 250
9 800
-
-
withholding
998
1 862
-
-
total
998
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
69 717
90 062
47 568
30 720
After tax
28 283
7 938
50 432
67 280
Living cost
24 030
24 030
24 030
24 030
Free-cash
4 253
-16 092
26 402
43 250

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽68772
₽64675
₽42416
₽47072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
490
health insurance
-
-
-
7 252
income
-
-
-
14 939
pensions
-
-
-
18 032
unemployment
-
-
-
1 176
total
-
-
-
41 889
Employee

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

21 911
-
98 000
-
work injury
110
-
405
-
income
2 191
-
14 939
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
37 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 089
98 000
-
-
income

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

-
980
-
-
total
-
980
-
-
Dividends
76 089
97 020
-
-
withholding
11 413
14 553
-
-
total
11 413
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 630
15 533
37 233
41 889
After tax
78 370
82 467
60 767
56 111
Living cost
13 695
13 695
13 695
13 695
Free-cash
64 675
68 772
47 072
42 416

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11145
₽6520
₽9173
₽4691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
656
regional
-
-
-
1 923
national
-
-
-
20 565
social contributions
-
-
-
25 206
total
-
-
-
48 350
Employee
85 618
-
98 000
-
social contributions
28 870
-
33 046
-
regional
1 293
-
1 617
-
municipal
511
-
584
-
national
14 469
-
17 586
-
total
45 143
-
52 833
-
Employer
85 618
-
98 000
-
total
-
-
-
-
Corporate
12 382
98 000
-
-
nationa
2 971
23 519
-
-
municipal
598
4 724
-
-
total
3 569
28 243
-
-
Dividends
8 813
69 757
-
-
withholding
2 291
18 136
-
-
total
2 291
18 136
-
-
Income
98 000
98 000
98 000
98 000
Total tax
51 003
46 379
52 833
48 350
After tax
46 997
51 621
45 167
49 650
Living cost
40 476
40 476
40 476
40 476
Free-cash
6 520
11 145
4 691
9 173

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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