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
₽21118
₽40813
₽32248
₽31499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
21 191
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.

-
-
-
1 166
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.

-
-
-
6 410
trade
-
-
-
8 565
total
-
-
-
37 332
Employee

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

35 888
-
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.

55
-
1 166
-
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.

1 002
-
21 191
-
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.

6 410
-
6 410
-
total
7 467
-
28 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 112
98 000
-
-
income
9 316
14 701
-
-
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.

513
808
-
-
chamber of commerce
231
283
-
-
trade
9 783
15 434
-
-
total
19 843
31 226
-
-
Dividends
42 269
66 773
-
-
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.

561
899
-
-
withholding
10 210
16 337
-
-
total
10 771
17 236
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 081
48 462
28 767
37 332
After tax
59 919
49 538
69 233
60 668
Living cost
28 420
28 420
28 420
28 420
Free-cash
31 499
21 118
40 813
32 248

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11196
₽9992
₽9223
₽10366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
1 054
municipal
-
-
-
10 200
national
-
-
-
15 807
pensions
-
-
-
11 760
total
-
-
-
38 821
Employee
77 442
-
84 720
-
municipal
9 565
-
10 580
-
pensions
3 098
-
3 389
-
national
14 822
-
16 394
-
total
27 485
-
30 363
-
Employer
77 442
-
84 720
-
pensions
6 195
-
6 778
-
social contributions
832
-
911
-
total
7 027
-
7 689
-
Corporate
8 419
98 000
-
-
income

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

1 684
19 600
-
-
total
1 684
19 600
-
-
Dividends
6 736
78 400
-
-
withholding
1 482
17 248
-
-
total
1 482
17 248
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 678
36 848
38 052
38 821
After tax
60 322
61 152
59 948
59 179
Living cost
49 956
49 956
49 956
49 956
Free-cash
10 366
11 196
9 992
9 223

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58880
₽35670
₽32746
₽51183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 000
income
-
-
-
14 225
surtax
-
-
-
-
social contributions

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

-
-
-
31 508
microenterprise
-
-
-
-
total
-
-
-
45 733
Employee
27 418
-
78 974
-
surtax
-
-
-
-
social contributions

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

3 016
-
8 688
-
income
4 881
-
15 097
-
total
7 897
-
23 785
-
Employer
27 418
-
78 974
-
social contributions

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

6 604
-
19 024
-
surtax
-
-
-
-
total
6 604
-
19 024
-
Corporate
63 978
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%.

12 795
19 599
-
-
total
12 795
19 599
-
-
Dividends

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

51 183
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 296
19 599
42 809
45 733
After tax
70 704
78 401
55 191
52 267
Living cost
19 521
19 521
19 521
19 521
Free-cash
51 183
58 880
35 670
32 746

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8210
₽9333
₽16295
₽2458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 925
health
-
-
-
11 480
pensions
-
-
-
10 993
total
-
-
-
42 398
Employee
80 127
80 127
83 397
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
10 648
-
total
39 838
34 570
34 757
-
Employer
80 127
80 127
83 397
-
health
5 570
5 570
5 796
-
pensions
5 577
5 577
5 805
-
unemployment
2 885
2 885
3 002
-
total
14 032
14 032
14 603
-
Corporate
4 824
3 841
-
-
income
965
767
-
-
total
965
767
-
-
Dividends
3 859
3 074
-
-
income
821
653
-
-
withholding
579
461
-
-
total
1 400
1 114
-
-
Income
98 000
98 000
98 000
98 000
Total tax
56 235
50 483
49 360
42 398
After tax
41 765
47 517
48 640
55 602
Living cost
39 307
39 307
39 307
39 307
Free-cash
2 458
8 210
9 333
16 295

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16024
₽14849
₽14590
₽15183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
22 127
national
-
-
-
-
pensions
-
-
-
8 881
total
-
-
-
45 926
Employee
53 411
-
74 570
-
municipal
15 927
-
22 237
-
national
-
-
-
-
total
15 927
-
22 237
-
Employer
53 411
-
74 570
-
health
3 285
-
4 586
-
pensions
5 774
-
8 061
-
accident
107
-
149
-
unemployment
1 410
-
1 969
-
other
6 206
-
8 665
-
total
16 782
-
23 430
-
Corporate
27 807
98 000
-
-
income
6 117
21 560
-
-
total
6 117
21 560
-
-
Dividends
21 689
76 440
-
-
withholding
6 507
22 932
-
-
total
6 507
22 932
-
-
Income
98 000
98 000
98 000
98 000
Total tax
45 333
44 492
45 667
45 926
After tax
52 667
53 508
52 333
52 074
Living cost
37 484
37 484
37 484
37 484
Free-cash
15 183
16 024
14 849
14 590

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12172
₽32372
₽23428
₽25356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
21 191
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.

-
-
-
1 166
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.

-
-
-
6 410
trade
-
-
-
8 944
total
-
-
-
37 711
Employee

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

47 583
-
98 000
-
surtax

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

224
-
1 166
-
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.

4 088
-
21 191
-
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.

6 410
-
6 410
-
total
10 722
-
28 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 417
98 000
-
-
income
7 562
14 701
-
-
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.

417
808
-
-
chamber of commerce
214
281
-
-
trade
8 294
16 122
-
-
total
16 487
31 912
-
-
Dividends
33 930
66 088
-
-
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.

447
889
-
-
withholding
8 127
16 166
-
-
total
8 574
17 055
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 783
48 967
28 767
37 711
After tax
62 217
49 033
69 233
60 289
Living cost
36 860
36 860
36 860
36 860
Free-cash
25 356
12 172
32 372
23 428

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41278
₽38421
₽38594
₽37386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 293
social contributions
-
-
-
15 181
health
-
-
-
2 498
total
-
-
-
28 972
Employee
72 151
72 151
88 971
-
social contributions
3 506
5 988
7 384
-
income
7 576
6 679
11 220
-
health
718
1 227
1 512
-
total
11 800
13 894
20 116
-
Employer
72 151
72 151
88 971
-
health
782
1 335
1 645
-
social contributions
3 506
5 988
7 384
-
total
4 288
7 323
9 029
-
Corporate
51 478
18 525
-
-
income
6 435
2 315
-
-
total
6 435
2 315
-
-
Dividends
45 043
16 210
-
-
withholding
7 657
2 756
-
-
total
7 657
2 756
-
-
Income
98 000
98 000
98 000
98 000
Total tax
30 180
26 288
29 145
28 972
After tax
67 820
71 712
68 855
69 028
Living cost
30 434
30 434
30 434
30 434
Free-cash
37 386
41 278
38 421
38 594

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38371
₽39993
₽51073
₽38720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 980
unemployment
-
-
-
1 470
health
-
-
-
6 860
pensions
-
-
-
9 800
total
-
-
-
30 110
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
82 008
-
unemployment
364
145
1 230
-
pensions
2 428
966
8 201
-
income
2 968
1 181
10 026
-
health
1 699
676
5 741
-
total
7 459
2 968
25 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
82 008
-
pensions
4 734
1 884
15 992
-
total
4 734
1 884
15 992
-
Corporate
68 991
86 455
-
-
income
6 209
7 781
-
-
total
6 209
7 781
-
-
Dividends
62 782
78 674
-
-
social contributions
12 132
15 231
-
-
withholding
11 929
14 948
-
-
total
24 061
30 179
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 463
42 812
41 190
30 110
After tax
55 537
55 188
56 810
67 890
Living cost
16 817
16 817
16 817
16 817
Free-cash
38 720
38 371
39 993
51 073

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55737
₽33825
₽29865
₽49906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 740
pensions
-
-
-
19 599
total
-
-
-
45 471
Employee
26 618
-
73 242
-
unemployment
426
-
1 172
-
pensions
532
-
1 465
-
income
2 997
-
14 120
-
total
3 955
-
16 757
-
Employer
26 618
-
73 242
-
health
3 460
-
9 521
-
pensions
5 324
-
14 647
-
unemployment
214
-
586
-
total
8 998
-
24 754
-
Corporate
62 384
98 000
-
-
income
12 477
19 599
-
-
total
12 477
19 599
-
-
Dividends
49 908
78 401
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
25 430
19 599
41 511
45 471
After tax
72 570
78 401
56 489
52 529
Living cost
22 664
22 664
22 664
22 664
Free-cash
49 906
55 737
33 825
29 865

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13010
₽29835
₽46296
₽4726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 124
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 756
Employee
32 952
-
84 047
-
pensions
3 710
-
7 264
-
income
4 521
-
16 377
-
health
3 773
-
9 623
-
total
12 004
-
33 264
-
Employer
32 952
-
84 047
-
pensions
5 358
-
10 490
-
accident
550
-
1 404
-
unemployment
807
-
2 059
-
total
6 715
-
13 953
-
Corporate
58 332
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.

52 499
88 200
-
-
total
52 499
88 200
-
-
Dividends
5 833
9 800
-
-
withholding
1 108
1 862
-
-
total
1 108
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 326
90 062
47 217
30 756
After tax
25 674
7 938
50 783
67 244
Living cost
20 948
20 948
20 948
20 948
Free-cash
4 726
-13 010
29 835
46 296

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85539
₽70839
₽89459
₽84121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
9 450
-
98 000
-
income
1 890
-
19 600
-
total
1 890
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 550
98 000
-
-
total
-
-
-
-
Dividends
88 550
98 000
-
-
withholding
4 428
4 900
-
-
total
4 428
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
6 318
4 900
19 600
980
After tax
91 682
93 100
78 400
97 020
Living cost
7 561
7 561
7 561
7 561
Free-cash
84 121
85 539
70 839
89 459

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46998
₽32157
₽28062
₽40664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 655
health
-
-
-
4 313
pensions

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

-
-
-
23 520
total
-
-
-
44 936
Employee
34 069
-
78 274
-
unemployment
340
-
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.

2 384
-
5 479
-
income
5 865
-
13 759
-
health
477
-
1 095
-
total
9 066
-
21 116
-
Employer
34 069
-
78 274
-
health
477
-
1 095
-
pensions

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

5 792
-
13 306
-
accident
272
-
627
-
unemployment
340
-
783
-
other
1 704
-
3 914
-
total
8 585
-
19 725
-
Corporate
55 345
98 000
-
-
income
11 622
20 580
-
-
total
11 622
20 580
-
-
Dividends
43 723
77 420
-
-
withholding
3 061
5 420
-
-
total
3 061
5 420
-
-
Income
98 000
98 000
98 000
98 000
Total tax
32 334
26 000
40 841
44 936
After tax
65 666
72 000
57 159
53 064
Living cost
25 002
25 002
25 002
25 002
Free-cash
40 664
46 998
32 157
28 062

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8701
-₽1439
₽7341
-₽2846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
20 882
pensions
-
-
-
7 091
total
-
-
-
27 973
Employee
88 691
-
86 230
-
pensions
8 556
-
8 261
-
income
15 987
-
15 310
-
health
1 461
-
1 412
-
total
26 004
-
24 983
-
Employer
88 691
-
86 230
-
health
1 684
-
1 639
-
pensions
10 472
-
10 131
-
total
12 156
-
11 770
-
Corporate
-
98 000
-
-
income

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

-
18 619
-
-
total
-
18 619
-
-
Dividends
-
79 381
-
-
withholding
-
7 994
-
-
total
-
7 994
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 160
26 613
36 753
27 973
After tax
59 840
71 387
61 247
70 027
Living cost
62 686
62 686
62 686
62 686
Free-cash
-2 846
8 701
-1 439
7 341

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71491
₽65370
₽62252
₽67136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 700
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 449
Employee
16 286
-
91 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
9 158
-
health
749
-
1 507
-
total
3 986
-
13 902
-
Employer
16 286
-
91 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
78 518
98 000
-
-
income
7 851
9 800
-
-
total
7 851
9 800
-
-
Dividends
70 667
88 200
-
-
withholding
3 533
4 410
-
-
total
3 533
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
18 565
14 210
20 331
23 449
After tax
79 435
83 790
77 669
74 551
Living cost
12 299
12 299
12 299
12 299
Free-cash
67 136
71 491
65 370
62 252

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4513
-₽3390
₽3572
-₽4223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 925
health
-
-
-
11 480
pensions
-
-
-
10 993
total
-
-
-
42 398
Employee
86 993
80 127
83 397
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
10 648
-
total
34 962
34 570
34 757
-
Employer
86 993
80 127
83 397
-
health
6 045
5 570
5 796
-
pensions
6 054
5 577
5 805
-
unemployment
3 132
2 885
3 002
-
total
15 231
14 032
14 603
-
Corporate
-
3 841
-
-
income
-
767
-
-
total
-
767
-
-
Dividends
-
3 074
-
-
income
-
653
-
-
withholding
-
461
-
-
total
-
1 114
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 193
50 483
49 360
42 398
After tax
47 807
47 517
48 640
55 602
Living cost
52 030
52 030
52 030
52 030
Free-cash
-4 223
-4 513
-3 390
3 572

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44462
₽26720
₽24720
₽36252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
33 839
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
4 754
-
income
4 061
-
8 776
-
health
4 568
-
9 873
-
total
10 829
-
23 403
-
Employer
33 839
-
73 134
-
health
3 045
-
6 582
-
social contributions
8 460
-
18 284
-
total
11 505
-
24 866
-
Corporate
52 656
98 000
-
-
income
10 005
18 620
-
-
total
10 005
18 620
-
-
Dividends
42 651
79 380
-
-
withholding
6 398
11 907
-
-
total
6 398
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 737
30 527
48 269
50 269
After tax
59 263
67 473
49 731
47 731
Living cost
23 011
23 011
23 011
23 011
Free-cash
36 252
44 462
26 720
24 720

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12695
₽5757
₽10420
₽7794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 090
municipal
-
-
-
582
national
-
-
-
21 109
total
-
-
-
47 987
Employee
83 391
-
98 000
-
municipal
442
-
520
-
national
14 450
-
18 130
-
regional
787
-
954
-
social contributions
28 119
-
33 046
-
total
43 798
-
52 650
-
Employer
83 391
-
98 000
-
total
-
-
-
-
Corporate
14 609
98 000
-
-
municipal
570
3 821
-
-
nationa
3 506
23 520
-
-
total
4 076
27 341
-
-
Dividends
10 533
70 659
-
-
withholding
2 739
18 371
-
-
total
2 739
18 371
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 613
45 712
52 650
47 987
After tax
47 387
52 288
45 350
50 013
Living cost
39 593
39 593
39 593
39 593
Free-cash
7 794
12 695
5 757
10 420

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40936
₽27382
₽29286
₽38018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 876
other
-
-
-
-
surtax
-
-
-
2 361
unemployment
-
-
-
214
health
-
-
-
6 959
pensions
-
-
-
19 599
total
-
-
-
48 009
Employee
31 029
-
80 958
-
other
-
-
-
-
unemployment
2 160
-
5 634
-
pensions
2 069
-
5 401
-
surtax
101
-
2 142
-
income
5 201
-
17 628
-
health
792
-
2 066
-
total
10 323
-
32 871
-
Employer
31 029
-
80 958
-
health
1 412
-
3 684
-
pensions
4 136
-
10 792
-
unemployment
983
-
2 566
-
other
-
-
-
-
total
6 531
-
17 042
-
Corporate
60 440
98 000
-
-
income
15 714
25 481
-
-
total
15 714
25 481
-
-
Dividends
44 726
72 519
-
-
withholding
6 709
10 878
-
-
total
6 709
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 277
36 359
49 913
48 009
After tax
58 723
61 641
48 087
49 991
Living cost
20 705
20 705
20 705
20 705
Free-cash
38 018
40 936
27 382
29 286

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28562
₽18422
₽27202
₽23227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
20 882
pensions
-
-
-
7 091
total
-
-
-
27 973
Employee
59 438
-
86 230
-
pensions
5 045
-
8 261
-
income
10 705
-
15 310
-
health
863
-
1 412
-
total
16 613
-
24 983
-
Employer
59 438
-
86 230
-
health
1 129
-
1 639
-
pensions
6 434
-
10 131
-
total
7 563
-
11 770
-
Corporate
30 998
98 000
-
-
income

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

5 889
18 619
-
-
total
5 889
18 619
-
-
Dividends
25 109
79 381
-
-
withholding
1 883
7 994
-
-
total
1 883
7 994
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 948
26 613
36 753
27 973
After tax
66 052
71 387
61 247
70 027
Living cost
42 825
42 825
42 825
42 825
Free-cash
23 227
28 562
18 422
27 202

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29272
₽2766
₽7651
₽2425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
other

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

-
-
-
1 960
regional
-
-
-
3 387
health
-
-
-
242
city
-
-
-
1 033
national
-
-
-
626
pensions
-
-
-
9 015
total
-
-
-
16 263
Employee
86 700
-
87 715
-
unemployment
-
-
-
-
pensions
7 284
-
7 368
-
national
410
-
426
-
regional
2 839
-
2 894
-
city
930
-
942
-
health
196
-
198
-
total
11 659
-
11 828
-
Employer
86 700
-
87 715
-
health
196
-
198
-
pensions
7 284
-
7 368
-
unemployment
-
-
-
-
other

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

1 733
-
1 754
-
total
9 213
-
9 320
-
Corporate
1 134
98 000
-
-
regional
240
20 727
-
-
national
97
8 330
-
-
total
337
29 057
-
-
Dividends
797
68 942
-
-
withholding
280
24 129
-
-
total
280
24 129
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 489
53 186
21 148
16 263
After tax
76 511
44 814
76 852
81 737
Living cost
74 086
74 086
74 086
74 086
Free-cash
2 425
-29 272
2 766
7 651

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5545
₽26249
₽16924
₽20761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
21 191
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.

-
-
-
1 166
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.

-
-
-
6 410
trade
-
-
-
9 325
total
-
-
-
38 092
Employee

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

56 390
-
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.

365
-
1 166
-
income

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

6 631
-
21 191
-
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.

6 410
-
6 410
-
total
13 406
-
28 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 610
98 000
-
-
income
6 241
14 701
-
-
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.

344
808
-
-
chamber of commerce
201
280
-
-
trade
7 137
16 807
-
-
total
13 923
32 596
-
-
Dividends
27 687
65 404
-
-
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.

361
880
-
-
withholding
6 565
15 995
-
-
total
6 926
16 875
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 255
49 471
28 767
38 092
After tax
63 745
48 529
69 233
59 908
Living cost
42 984
42 984
42 984
42 984
Free-cash
20 761
5 545
26 249
16 924

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17290
₽29115
₽24210
₽22828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
9 923
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
2 044
pensions
-
-
-
23 885
total
-
-
-
41 687
Employee
40 158
-
79 377
-
pensions
4 541
-
3 912
-
surtax
-
-
-
-
social contributions
1 145
-
2 261
-
income
2 370
-
11 985
-
total
8 056
-
18 158
-
Employer
40 158
-
79 377
-
health
2 812
-
5 556
-
pensions
6 597
-
6 876
-
unemployment
1 626
-
3 214
-
social contributions
121
-
239
-
other
1 385
-
2 739
-
total
12 541
-
18 624
-
Corporate
45 301
98 000
-
-
income
12 685
27 439
-
-
surtax
-
-
-
-
total
12 685
27 439
-
-
Dividends
32 616
70 561
-
-
surtax
-
-
-
-
social contributions
5 611
12 137
-
-
withholding
4 176
9 031
-
-
total
9 787
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 069
48 607
36 782
41 687
After tax
54 931
49 393
61 218
56 313
Living cost
32 103
32 103
32 103
32 103
Free-cash
22 828
17 290
29 115
24 210

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20471
₽32296
₽27391
₽25684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
9 923
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
2 044
pensions
-
-
-
23 885
total
-
-
-
41 687
Employee
35 847
-
79 377
-
pensions
4 054
-
3 912
-
surtax
-
-
-
-
social contributions
1 022
-
2 261
-
income
1 848
-
11 985
-
total
6 924
-
18 158
-
Employer
35 847
-
79 377
-
health
2 509
-
5 556
-
pensions
5 890
-
6 876
-
unemployment
1 451
-
3 214
-
social contributions
107
-
239
-
other
1 238
-
2 739
-
total
11 195
-
18 624
-
Corporate
50 959
98 000
-
-
income
14 268
27 439
-
-
surtax
-
-
-
-
total
14 268
27 439
-
-
Dividends
36 691
70 561
-
-
surtax
-
-
-
-
social contributions
6 310
12 137
-
-
withholding
4 697
9 031
-
-
total
11 007
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 394
48 607
36 782
41 687
After tax
54 606
49 393
61 218
56 313
Living cost
28 922
28 922
28 922
28 922
Free-cash
25 684
20 471
32 296
27 391

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39893
₽42994
₽43038
₽40379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 701
social contributions
-
-
-
13 524
health
-
-
-
6 841
total
-
-
-
35 066
Employee
31 814
-
98 000
-
social contributions
4 391
-
13 524
-
income
5 306
-
14 745
-
health
2 220
-
6 841
-
total
11 917
-
35 110
-
Employer
31 814
-
98 000
-
total
-
-
-
-
Corporate
66 186
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%.

3 310
4 900
-
-
total
3 310
4 900
-
-
Dividends
62 876
93 100
-
-
social contributions
8 677
12 847
-
-
withholding
9 432
13 965
-
-
health
4 389
6 499
-
-
total
22 498
33 311
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 725
38 211
35 110
35 066
After tax
60 275
59 789
62 890
62 934
Living cost
19 896
19 896
19 896
19 896
Free-cash
40 379
39 893
42 994
43 038

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21804
-₽3867
₽16217
₽20353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
16 763
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
392
health
-
-
-
7 496
pensions
-
-
-
18 130
total
-
-
-
48 721
Employee
46 892
37 393
75 952
-
other
468
374
760
-
unemployment
1 407
1 122
2 279
-
pensions
4 802
3 828
7 778
-
income
5 338
2 758
14 904
-
health
1 814
1 448
2 940
-
total
13 829
9 530
28 661
-
Employer
46 892
37 393
75 952
-
chamber of commerce
187
150
304
-
health
1 772
1 414
2 870
-
pensions
5 885
4 694
9 532
-
accident
609
486
988
-
unemployment
1 407
1 122
2 279
-
surtax
185
185
185
-
payroll
1 407
1 122
2 279
-
other
2 228
1 775
3 609
-
total
13 680
10 948
22 046
-
Corporate
37 429
49 660
72 391
-
income

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

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

9 357
12 414
18 098
-
total
9 357
12 414
18 098
-
Dividends
28 072
37 246
-
-
withholding
7 719
10 242
-
-
total
7 719
10 242
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 585
43 134
68 805
48 721
After tax
53 415
54 866
29 195
49 279
Living cost
33 062
33 062
33 062
33 062
Free-cash
20 353
21 804
-3 867
16 217

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20736
₽3743
₽11306
₽6665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal

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

-
-
-
4 950
social contributions
-
-
-
15 513
national
-
-
-
32 019
total
-
-
-
52 482
Employee

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

67 117
-
75 904
-
unemployment

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

584
-
661
-
communal

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

3 501
-
3 958
-
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.

5 034
-
5 693
-
national
20 635
-
24 071
-
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.

3 153
-
3 567
-
total
32 907
-
37 950
-
Employer

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

67 117
-
75 904
-
health

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

4 127
-
4 669
-
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.

5 947
-
6 725
-
accident

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

872
-
986
-
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.

979
-
1 108
-
surtax
7 610
-
8 607
-
total
19 535
-
22 095
-
Corporate
11 346
98 000
-
-
income
2 268
19 599
-
-
surtax
45
392
-
-
total
2 313
19 991
-
-
Dividends
9 033
78 009
-
-
withholding

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

2 368
23 061
-
-
total
2 368
23 061
-
-
Income
98 000
98 000
98 000
98 000
Total tax
57 123
43 052
60 045
52 482
After tax
40 877
54 948
37 955
45 518
Living cost
34 212
34 212
34 212
34 212
Free-cash
6 665
20 736
3 743
11 306

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brussels model

Close
Barcelona , Spain
₽32134
₽17611
₽19071
₽24659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
18 952
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 043
Employee
46 707
-
74 313
-
other
46
-
75
-
unemployment
725
-
1 152
-
pensions
2 195
-
3 494
-
income
9 855
-
18 095
-
total
12 821
-
22 816
-
Employer
46 707
-
74 313
-
pensions
11 022
-
17 537
-
accident
924
-
1 471
-
unemployment
2 569
-
4 086
-
other
372
-
593
-
total
14 887
-
23 687
-
Corporate
36 406
98 000
-
-
income

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

5 461
14 701
-
-
total
5 461
14 701
-
-
Dividends
30 945
83 299
-
-
withholding
6 286
17 279
-
-
total
6 286
17 279
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 455
31 980
46 503
45 043
After tax
58 545
66 020
51 497
52 957
Living cost
33 886
33 886
33 886
33 886
Free-cash
24 659
32 134
17 611
19 071

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8847
₽8817
₽4547
₽2261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
communal
-
-
-
6 193
accident
-
-
-
826
income
-
-
-
9 010
surtax
-
-
-
4 859
health
-
-
-
6 886
pensions
-
-
-
14 688
total
-
-
-
42 462
Employee
71 057
-
87 539
-
pensions
5 684
-
7 003
-
surtax
4 355
-
5 365
-
income
6 863
-
11 467
-
health
3 162
-
3 896
-
total
20 064
-
27 731
-
Employer
71 057
-
87 539
-
health
2 167
-
2 671
-
pensions
5 684
-
7 003
-
accident
639
-
787
-
total
8 490
-
10 461
-
Corporate
18 453
98 000
-
-
communal
-
6 615
-
-
income
2 767
14 701
-
-
surtax
194
1 029
-
-
total
2 961
22 345
-
-
Dividends
15 492
75 655
-
-
income
10 909
4 469
-
-
withholding
2 324
11 348
-
-
total
13 233
15 817
-
-
Income
98 000
98 000
98 000
98 000
Total tax
44 748
38 162
38 192
42 462
After tax
53 252
59 838
59 808
55 538
Living cost
50 991
50 991
50 991
50 991
Free-cash
2 261
8 847
8 817
4 547

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40566
₽27012
₽28916
₽37583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 876
other
-
-
-
-
surtax
-
-
-
2 361
unemployment
-
-
-
214
health
-
-
-
6 959
pensions
-
-
-
19 599
total
-
-
-
48 009
Employee
31 599
-
80 958
-
other
-
-
-
-
unemployment
2 199
-
5 634
-
pensions
2 108
-
5 401
-
surtax
112
-
2 142
-
income
5 297
-
17 628
-
health
807
-
2 066
-
total
10 523
-
32 871
-
Employer
31 599
-
80 958
-
health
1 437
-
3 684
-
pensions
4 213
-
10 792
-
unemployment
1 002
-
2 566
-
other
-
-
-
-
total
6 652
-
17 042
-
Corporate
59 749
98 000
-
-
income
15 534
25 481
-
-
total
15 534
25 481
-
-
Dividends
44 215
72 519
-
-
withholding
6 633
10 878
-
-
total
6 633
10 878
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 342
36 359
49 913
48 009
After tax
58 658
61 641
48 087
49 991
Living cost
21 075
21 075
21 075
21 075
Free-cash
37 583
40 566
27 012
28 916

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26236
₽19710
₽24350
₽24150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 477
municipal
-
-
-
582
national
-
-
-
21 109
total
-
-
-
48 374
Employee
52 049
-
98 000
-
municipal
276
-
520
-
national
8 246
-
18 130
-
regional
701
-
1 318
-
social contributions
17 551
-
33 046
-
total
26 774
-
53 014
-
Employer
52 049
-
98 000
-
total
-
-
-
-
Corporate
45 951
98 000
-
-
municipal
2 285
4 870
-
-
nationa
11 029
23 520
-
-
total
13 314
28 390
-
-
Dividends
32 637
69 610
-
-
withholding
8 486
18 098
-
-
total
8 486
18 098
-
-
Income
98 000
98 000
98 000
98 000
Total tax
48 574
46 488
53 014
48 374
After tax
49 426
51 512
44 986
49 626
Living cost
25 276
25 276
25 276
25 276
Free-cash
24 150
26 236
19 710
24 350

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39118
₽21376
₽19376
₽29002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
8 423
social contributions
-
-
-
28 616
solidarity contribution
-
-
-
-
health
-
-
-
13 230
total
-
-
-
50 269
Employee
41 699
-
73 134
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
4 754
-
income
5 004
-
8 776
-
health
5 629
-
9 873
-
total
13 343
-
23 403
-
Employer
41 699
-
73 134
-
health
3 753
-
6 582
-
social contributions
10 425
-
18 284
-
total
14 178
-
24 866
-
Corporate
42 124
98 000
-
-
income
8 004
18 620
-
-
total
8 004
18 620
-
-
Dividends
34 120
79 380
-
-
withholding
5 118
11 907
-
-
total
5 118
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
40 643
30 527
48 269
50 269
After tax
57 357
67 473
49 731
47 731
Living cost
28 355
28 355
28 355
28 355
Free-cash
29 002
39 118
21 376
19 376

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25030
-₽706
₽19529
₽24569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
16 763
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
392
health
-
-
-
7 496
pensions
-
-
-
18 130
total
-
-
-
48 536
Employee
41 016
37 393
76 097
-
other
410
374
760
-
unemployment
1 230
1 122
2 283
-
pensions
4 200
3 828
7 792
-
income
3 654
2 758
14 955
-
health
1 587
1 448
2 945
-
total
11 081
9 530
28 735
-
Employer
41 016
37 393
76 097
-
chamber of commerce
164
150
304
-
health
1 551
1 414
2 876
-
pensions
5 148
4 694
9 549
-
accident
532
486
990
-
unemployment
1 230
1 122
2 283
-
surtax
-
-
-
-
payroll
1 230
1 122
2 283
-
other
1 948
1 775
3 615
-
total
11 803
10 763
21 900
-
Corporate
45 180
49 845
72 539
-
income

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

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

11 294
12 461
18 136
-
total
11 294
12 461
18 136
-
Dividends
33 886
37 384
-
-
withholding
9 318
10 281
-
-
total
9 318
10 281
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 496
43 035
68 771
48 536
After tax
54 504
54 965
29 229
49 464
Living cost
29 935
29 935
29 935
29 935
Free-cash
24 569
25 030
-706
19 529

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81318
₽66618
₽85238
₽79108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
microenterprise

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

-
-
-
980
total
-
-
-
980
Employee
14 727
-
98 000
-
income
2 946
-
19 600
-
total
2 946
-
19 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 273
98 000
-
-
total
-
-
-
-
Dividends
83 273
98 000
-
-
withholding
4 164
4 900
-
-
total
4 164
4 900
-
-
Income
98 000
98 000
98 000
98 000
Total tax
7 110
4 900
19 600
980
After tax
90 890
93 100
78 400
97 020
Living cost
11 782
11 782
11 782
11 782
Free-cash
79 108
81 318
66 618
85 238

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42306
₽22544
₽25351
₽34457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 793
unemployment
-
-
-
148
health
-
-
-
9 644
pensions
-
-
-
17 897
total
-
-
-
47 482
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.

41 492
-
84 795
-
unemployment
59
-
119
-
pensions
6 432
-
13 143
-
income
7 155
-
18 345
-
health
2 680
-
5 479
-
total
16 326
-
37 086
-
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.

41 492
-
84 795
-
health
2 764
-
5 648
-
pensions
3 672
-
7 503
-
unemployment
25
-
52
-
total
6 461
-
13 203
-
Corporate
50 048
98 000
-
-
income
9 508
18 620
-
-
total
9 508
18 620
-
-
Dividends
40 539
79 380
-
-
withholding
6 081
11 907
-
-
total
6 081
11 907
-
-
Income
98 000
98 000
98 000
98 000
Total tax
38 376
30 527
50 289
47 482
After tax
59 624
67 473
47 711
50 518
Living cost
25 167
25 167
25 167
25 167
Free-cash
34 457
42 306
22 544
25 351

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19543
₽45700
₽27646
-₽40499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
-
98 000
-
-
income
-
21 560
-
-
total
-
21 560
-
-
Dividends
-
76 440
-
-
income
-
16 817
-
-
total
-
16 817
-
-
Income
98 000
98 000
98 000
98 000
Total tax
98 419
38 377
12 220
30 274
After tax
-419
59 623
85 780
67 726
Living cost
40 080
40 080
40 080
40 080
Free-cash
-40 499
19 543
45 700
27 646

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26311
₽19938
₽25174
₽25365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
9 340
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 394
Employee
43 155
-
79 191
-
surtax
-
-
-
-
social contributions
4 747
-
8 711
-
income
8 976
-
21 110
-
total
13 723
-
29 821
-
Employer
43 155
-
79 191
-
social contributions
10 249
-
18 809
-
total
10 249
-
18 809
-
Corporate
44 596
98 000
-
-
income
9 366
20 580
-
-
surtax
-
-
-
-
total
9 366
20 580
-
-
Dividends
35 230
77 420
-
-
withholding
9 865
21 677
-
-
total
9 865
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
43 203
42 257
48 630
43 394
After tax
54 797
55 743
49 370
54 606
Living cost
29 432
29 432
29 432
29 432
Free-cash
25 365
26 311
19 938
25 174

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4074
₽15899
₽10994
₽10522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
9 923
other
-
-
-
3 043
surtax
-
-
-
-
social contributions
-
-
-
2 792
health
-
-
-
2 044
pensions
-
-
-
23 885
total
-
-
-
41 687
Employee
58 768
-
79 377
-
pensions
6 647
-
3 912
-
surtax
-
-
-
-
social contributions
1 674
-
2 261
-
income
5 128
-
11 985
-
total
13 449
-
18 158
-
Employer
58 768
-
79 377
-
health
4 113
-
5 556
-
pensions
9 656
-
6 876
-
unemployment
2 381
-
3 214
-
social contributions
176
-
239
-
other
2 028
-
2 739
-
total
18 354
-
18 624
-
Corporate
20 878
98 000
-
-
income
5 846
27 439
-
-
surtax
-
-
-
-
total
5 846
27 439
-
-
Dividends
15 032
70 561
-
-
surtax
-
-
-
-
social contributions
2 585
12 137
-
-
withholding
1 925
9 031
-
-
total
4 510
21 168
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 159
48 607
36 782
41 687
After tax
55 841
49 393
61 218
56 313
Living cost
45 319
45 319
45 319
45 319
Free-cash
10 522
4 074
15 899
10 994

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
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.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59995
₽48892
₽46289
₽56843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 946
social contributions
-
-
-
21 560
total
-
-
-
23 506
Employee
30 166
-
84 848
-
income
-
-
2 235
-
social contributions
1 960
-
5 516
-
total
1 960
-
7 751
-
Employer
30 166
-
84 848
-
social contributions
4 676
-
13 152
-
total
4 676
-
13 152
-
Corporate
63 159
98 000
-
-
income
6 316
9 800
-
-
total
6 316
9 800
-
-
Dividends
56 843
88 200
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
12 952
9 800
20 903
23 506
After tax
85 048
88 200
77 097
74 494
Living cost
28 205
28 205
28 205
28 205
Free-cash
56 843
59 995
48 892
46 289

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽106426
-₽106426
₽15352
-₽106426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
labour market
-
-
-
7 775
municipal
-
-
-
18 416
national
-
-
-
10 457
pensions
-
-
-
813
total
-
-
-
37 461
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 000
98 000
98 000
98 000
Total tax
159 239
159 239
159 239
37 461
After tax
-61 239
-61 239
-61 239
60 539
Living cost
45 187
45 187
45 187
45 187
Free-cash
-106 426
-106 426
-106 426
15 352

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12701
₽30144
₽46605
₽4772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 124
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 756
Employee
32 466
-
84 047
-
pensions
3 656
-
7 264
-
income
4 454
-
16 377
-
health
3 718
-
9 623
-
total
11 828
-
33 264
-
Employer
32 466
-
84 047
-
pensions
5 279
-
10 490
-
accident
542
-
1 404
-
unemployment
796
-
2 059
-
total
6 617
-
13 953
-
Corporate
58 917
98 000
-
-
income

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

53 025
88 200
-
-
total
53 025
88 200
-
-
Dividends
5 892
9 800
-
-
withholding
1 119
1 862
-
-
total
1 119
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
72 589
90 062
47 217
30 756
After tax
25 411
7 938
50 783
67 244
Living cost
20 639
20 639
20 639
20 639
Free-cash
4 772
-12 701
30 144
46 605

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28819
₽19552
₽33099
₽27207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
health
-
-
-
1 118
municipal
-
-
-
17 439
national
-
-
-
10 320
total
-
-
-
28 877
Employee
49 366
-
82 443
-
municipal
8 086
-
13 458
-
unemployment
741
-
1 238
-
pensions
3 332
-
5 564
-
national
816
-
5 728
-
health
369
-
878
-
total
13 344
-
26 866
-
Employer
49 366
-
82 443
-
health
379
-
636
-
pensions
8 565
-
14 304
-
accident
50
-
82
-
unemployment
321
-
536
-
total
9 315
-
15 558
-
Corporate
39 319
98 000
-
-
income
7 863
19 599
-
-
total
7 863
19 599
-
-
Dividends

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

23 592
58 801
-
-
municipal
4 247
10 584
-
-
national
-
2 974
-
-
total
4 247
13 558
-
-
Income
98 000
98 000
98 000
98 000
Total tax
34 769
33 157
42 424
28 877
After tax
63 231
64 843
55 576
69 123
Living cost
36 024
36 024
36 024
36 024
Free-cash
27 207
28 819
19 552
33 099

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49988
₽47131
₽47304
₽44881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 293
social contributions
-
-
-
15 181
health
-
-
-
2 498
total
-
-
-
28 972
Employee
72 151
72 151
88 971
-
social contributions
2 728
5 988
7 384
-
income
7 856
6 679
11 220
-
health
559
1 227
1 512
-
total
11 143
13 894
20 116
-
Employer
72 151
72 151
88 971
-
health
607
1 335
1 645
-
social contributions
2 728
5 988
7 384
-
total
3 335
7 323
9 029
-
Corporate
61 798
18 525
-
-
income
7 724
2 315
-
-
total
7 724
2 315
-
-
Dividends
54 073
16 210
-
-
withholding
9 193
2 756
-
-
total
9 193
2 756
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 395
26 288
29 145
28 972
After tax
66 605
71 712
68 855
69 028
Living cost
21 724
21 724
21 724
21 724
Free-cash
44 881
49 988
47 131
47 304

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66257
₽45534
₽64295
₽61482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 416
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
18 808
Employee

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

21 537
-
88 849
-
unemployment
107
-
443
-
pensions
3 230
-
13 328
-
income
1 473
-
7 096
-
health
1 830
-
7 552
-
total
6 640
-
28 419
-
Employer

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

21 537
-
88 849
-
health
926
-
3 821
-
pensions
1 184
-
4 886
-
unemployment
107
-
443
-
total
2 217
-
9 150
-
Corporate
74 246
98 000
-
-
income
6 683
8 819
-
-
total
6 683
8 819
-
-
Dividends
67 563
89 181
-
-
withholding
6 081
8 027
-
-
total
6 081
8 027
-
-
Income
98 000
98 000
98 000
98 000
Total tax
21 621
16 846
37 569
18 808
After tax
76 379
81 154
60 431
79 192
Living cost
14 897
14 897
14 897
14 897
Free-cash
61 482
66 257
45 534
64 295

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40218
₽25695
₽27155
₽35298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
18 952
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 043
Employee
34 695
-
74 313
-
other
34
-
75
-
unemployment
538
-
1 152
-
pensions
1 631
-
3 494
-
income
6 689
-
18 095
-
total
8 892
-
22 816
-
Employer
34 695
-
74 313
-
pensions
8 187
-
17 537
-
accident
687
-
1 471
-
unemployment
1 909
-
4 086
-
other
278
-
593
-
total
11 061
-
23 687
-
Corporate
52 244
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.

7 836
14 701
-
-
total
7 836
14 701
-
-
Dividends
44 408
83 299
-
-
withholding
9 111
17 279
-
-
total
9 111
17 279
-
-
Income
98 000
98 000
98 000
98 000
Total tax
36 900
31 980
46 503
45 043
After tax
61 100
66 020
51 497
52 957
Living cost
25 802
25 802
25 802
25 802
Free-cash
35 298
40 218
25 695
27 155

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽59252
₽60549
₽60684
₽58940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
33 025
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
35 416
Employee
2 894
-
96 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
32 952
-
health
145
-
347
-
total
994
-
33 992
-
Employer
2 894
-
96 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
94 454
98 000
-
-
income
20 780
21 560
-
-
total
20 780
21 560
-
-
Dividends
73 674
76 440
-
-
withholding
14 735
15 288
-
-
total
14 735
15 288
-
-
Income
98 000
98 000
98 000
98 000
Total tax
37 160
36 848
35 551
35 416
After tax
60 840
61 152
62 449
62 584
Living cost
1 900
1 900
1 900
1 900
Free-cash
58 940
59 252
60 549
60 684

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54609
₽36176
₽36176
₽50000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 466
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
45 628
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.

24 423
-
85 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
19 466
-
health
1 258
-
3 564
-
total
8 227
-
33 239
-
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.

24 423
-
85 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
69 205
98 000
-
-
income
10 381
14 700
-
-
total
10 381
14 700
-
-
Dividends
58 824
83 300
-
-
withholding
8 824
12 495
-
-
total
8 824
12 495
-
-
Income
98 000
98 000
98 000
98 000
Total tax
31 804
27 195
45 628
45 628
After tax
66 196
70 805
52 372
52 372
Living cost
16 196
16 196
16 196
16 196
Free-cash
50 000
54 609
36 176
36 176

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30447
₽24074
₽29310
₽30109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
9 340
surtax
-
-
-
-
social contributions

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

-
-
-
34 054
total
-
-
-
43 394
Employee
36 418
-
79 191
-
surtax
-
-
-
-
social contributions
4 006
-
8 711
-
income
7 116
-
21 110
-
total
11 122
-
29 821
-
Employer
36 418
-
79 191
-
social contributions
8 648
-
18 809
-
total
8 648
-
18 809
-
Corporate
52 934
98 000
-
-
income
11 116
20 580
-
-
surtax
-
-
-
-
total
11 116
20 580
-
-
Dividends
41 818
77 420
-
-
withholding
11 709
21 677
-
-
total
11 709
21 677
-
-
Income
98 000
98 000
98 000
98 000
Total tax
42 595
42 257
48 630
43 394
After tax
55 405
55 743
49 370
54 606
Living cost
25 296
25 296
25 296
25 296
Free-cash
30 109
30 447
24 074
29 310

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33044
₽18521
₽19981
₽25889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
18 952
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 043
Employee
45 316
-
74 313
-
other
45
-
75
-
unemployment
702
-
1 152
-
pensions
2 130
-
3 494
-
income
9 465
-
18 095
-
total
12 342
-
22 816
-
Employer
45 316
-
74 313
-
pensions
10 694
-
17 537
-
accident
897
-
1 471
-
unemployment
2 493
-
4 086
-
other
363
-
593
-
total
14 447
-
23 687
-
Corporate
38 236
98 000
-
-
income

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

5 735
14 701
-
-
total
5 735
14 701
-
-
Dividends
32 501
83 299
-
-
withholding
6 611
17 279
-
-
total
6 611
17 279
-
-
Income
98 000
98 000
98 000
98 000
Total tax
39 135
31 980
46 503
45 043
After tax
58 865
66 020
51 497
52 957
Living cost
32 976
32 976
32 976
32 976
Free-cash
25 889
33 044
18 521
19 981

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67653
₽61532
₽58414
₽61936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
14 700
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 449
Employee
21 368
-
91 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
9 158
-
health
983
-
1 507
-
total
5 231
-
13 902
-
Employer
21 368
-
91 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
72 440
98 000
-
-
income
7 244
9 800
-
-
total
7 244
9 800
-
-
Dividends
65 195
88 200
-
-
withholding
3 259
4 410
-
-
total
3 259
4 410
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 927
14 210
20 331
23 449
After tax
78 073
83 790
77 669
74 551
Living cost
16 137
16 137
16 137
16 137
Free-cash
61 936
67 653
61 532
58 414

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14320
₽33008
₽25205
₽26595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income

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

-
-
-
21 191
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.

-
-
-
1 166
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.

-
-
-
6 410
trade
-
-
-
7 803
total
-
-
-
36 570
Employee

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

46 686
-
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.

212
-
1 166
-
income

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

3 839
-
21 191
-
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.

6 410
-
6 410
-
total
10 461
-
28 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 314
98 000
-
-
income
7 698
14 701
-
-
surtax

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

424
808
-
-
chamber of commerce
217
287
-
-
trade
7 363
14 063
-
-
total
15 702
29 859
-
-
Dividends
35 612
68 141
-
-
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.

470
917
-
-
withholding
8 547
16 679
-
-
total
9 017
17 596
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 180
47 455
28 767
36 570
After tax
62 820
50 545
69 233
61 430
Living cost
36 225
36 225
36 225
36 225
Free-cash
26 595
14 320
33 008
25 205

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15150
₽12056
₽12056
₽17221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 691
social contributions
-
-
-
8 803
total
-
-
-
32 494
Employee
73 396
-
98 000
-
income
13 850
-
23 691
-
social contributions
6 098
-
8 803
-
total
19 948
-
32 494
-
Employer
73 396
-
98 000
-
total
-
-
-
-
Corporate
24 604
98 000
-
-
income
3 075
12 251
-
-
total
3 075
12 251
-
-
Dividends
21 529
85 749
-
-
withholding
4 306
17 149
-
-
total
4 306
17 149
-
-
Income
98 000
98 000
98 000
98 000
Total tax
27 329
29 400
32 494
32 494
After tax
70 671
68 600
65 506
65 506
Living cost
53 450
53 450
53 450
53 450
Free-cash
17 221
15 150
12 056
12 056

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24682
₽37978
₽31543
₽27978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
93 684
-
income
4 671
-
17 329
-
social contributions
4 313
-
4 316
-
total
8 984
-
21 645
-
Employer
43 044
-
93 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
50 643
98 000
-
-
income
17 726
34 300
-
-
total
17 726
34 300
-
-
Dividends
32 918
63 700
-
-
social contributions
4 938
4 957
-
-
total
4 938
4 957
-
-
Income
98 000
98 000
98 000
98 000
Total tax
35 961
39 257
25 961
32 396
After tax
62 039
58 743
72 039
65 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
27 978
24 682
37 978
31 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36572
₽26432
₽35212
₽33322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
income
-
-
-
20 882
pensions
-
-
-
7 091
total
-
-
-
27 973
Employee
47 789
-
86 230
-
pensions
3 648
-
8 261
-
income
8 703
-
15 310
-
health
623
-
1 412
-
total
12 974
-
24 983
-
Employer
47 789
-
86 230
-
health
908
-
1 639
-
pensions
4 828
-
10 131
-
total
5 736
-
11 770
-
Corporate
44 474
98 000
-
-
income

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

8 451
18 619
-
-
total
8 451
18 619
-
-
Dividends
36 023
79 381
-
-
withholding
2 702
7 994
-
-
total
2 702
7 994
-
-
Income
98 000
98 000
98 000
98 000
Total tax
29 863
26 613
36 753
27 973
After tax
68 137
71 387
61 247
70 027
Living cost
34 815
34 815
34 815
34 815
Free-cash
33 322
36 572
26 432
35 212

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14744
₽28101
₽44562
₽4459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 124
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 756
Employee
35 680
-
84 047
-
pensions
4 018
-
7 264
-
income
4 895
-
16 377
-
health
4 085
-
9 623
-
total
12 998
-
33 264
-
Employer
35 680
-
84 047
-
pensions
5 801
-
10 490
-
accident
596
-
1 404
-
unemployment
874
-
2 059
-
total
7 271
-
13 953
-
Corporate
55 049
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.

49 544
88 200
-
-
total
49 544
88 200
-
-
Dividends
5 505
9 800
-
-
withholding
1 046
1 862
-
-
total
1 046
1 862
-
-
Income
98 000
98 000
98 000
98 000
Total tax
70 859
90 062
47 217
30 756
After tax
27 141
7 938
50 783
67 244
Living cost
22 682
22 682
22 682
22 682
Free-cash
4 459
-14 744
28 101
44 562

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽69790
₽49546
₽43233
₽66060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 000
income
-
-
-
15 140
unemployment
-
-
-
1 176
work injury
-
-
-
490
health insurance
-
-
-
7 252
pensions
-
-
-
18 032
total
-
-
-
42 090
Employee

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

20 283
-
98 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
15 140
-
total
7 605
-
35 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 717
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
77 717
97 020
-
-
withholding
11 658
14 553
-
-
total
11 658
14 553
-
-
Income
98 000
98 000
98 000
98 000
Total tax
19 263
15 533
35 777
42 090
After tax
78 737
82 467
62 223
55 910
Living cost
12 677
12 677
12 677
12 677
Free-cash
66 060
69 790
49 546
43 233

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14239
₽7173
₽11655
₽9971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 000
social contributions
-
-
-
25 206
regional
-
-
-
1 995
municipal
-
-
-
655
national
-
-
-
21 109
total
-
-
-
48 965
Employee
79 067
-
98 000
-
municipal
472
-
584
-
national
13 362
-
18 130
-
regional
1 194
-
1 687
-
social contributions
26 661
-
33 046
-
total
41 689
-
53 447
-
Employer
79 067
-
98 000
-
total
-
-
-
-
Corporate
18 933
98 000
-
-
municipal
912
4 724
-
-
nationa
4 544
23 520
-
-
total
5 456
28 244
-
-
Dividends
13 477
69 756
-
-
withholding
3 504
18 137
-
-
total
3 504
18 137
-
-
Income
98 000
98 000
98 000
98 000
Total tax
50 649
46 381
53 447
48 965
After tax
47 351
51 619
44 553
49 035
Living cost
37 380
37 380
37 380
37 380
Free-cash
9 971
14 239
7 173
11 655

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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