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
₽ 160000
per

Your estimated
City
free-cash

Dresden , Germany
₽50418
₽72583
₽54710
₽61485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
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.

-
-
-
47 656
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.

-
-
-
2 620
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.

-
-
-
6 835
trade
-
-
-
17 873
total
-
-
-
74 984
Employee

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

38 269
-
160 000
-
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.

59
-
2 620
-
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.

1 069
-
47 656
-
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.

6 835
-
6 835
-
total
7 963
-
57 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 731
160 000
-
-
income
18 260
24 000
-
-
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.

1 004
1 320
-
-
chamber of commerce
327
382
-
-
trade
19 173
25 200
-
-
total
38 764
50 902
-
-
Dividends
82 967
109 099
-
-
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.

1 120
1 479
-
-
withholding
20 362
26 895
-
-
total
21 482
28 374
-
-
Income
160 000
160 000
160 000
160 000
Total tax
68 209
79 276
57 111
74 984
After tax
91 791
80 724
102 889
85 016
Living cost
30 306
30 306
30 306
30 306
Free-cash
61 485
50 418
72 583
54 710

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽46789
₽43035
₽41779
₽45907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
1 720
municipal
-
-
-
17 356
national
-
-
-
26 894
pensions
-
-
-
19 200
total
-
-
-
65 170
Employee
82 238
-
138 319
-
municipal
10 158
-
17 975
-
pensions
3 290
-
5 533
-
national
15 740
-
27 854
-
total
29 188
-
51 362
-
Employer
82 238
-
138 319
-
pensions
6 579
-
11 065
-
social contributions
884
-
1 487
-
total
7 463
-
12 552
-
Corporate
64 871
160 000
-
-
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%.

12 974
32 000
-
-
total
12 974
32 000
-
-
Dividends
51 897
128 000
-
-
withholding
11 417
28 160
-
-
total
11 417
28 160
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 042
60 160
63 914
65 170
After tax
98 958
99 840
96 086
94 830
Living cost
53 051
53 051
53 051
53 051
Free-cash
45 907
46 789
43 035
41 779

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107185
₽75446
₽33002
₽98978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
27 047
surtax
-
-
-
40 800
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
106 182
Employee
29 236
-
116 768
-
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.

3 216
-
12 845
-
income
5 204
-
22 763
-
total
8 420
-
35 608
-
Employer
29 236
-
116 768
-
social contributions

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

7 042
-
28 130
-
surtax
-
-
-
-
total
7 042
-
28 130
-
Corporate
123 721
160 000
-
-
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%.

24 744
31 999
-
-
total
24 744
31 999
-
-
Dividends

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

98 977
128 001
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
40 206
31 999
63 738
106 182
After tax
119 794
128 001
96 262
53 818
Living cost
20 816
20 816
20 816
20 816
Free-cash
98 978
107 185
75 446
33 002

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37058
₽56287
₽47549
₽30927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
46 476
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
70 537
Employee
85 442
85 442
141 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
19 144
-
health
13 114
11 155
12 338
-
total
42 480
36 864
43 205
-
Employer
85 442
85 442
141 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
60 644
59 596
-
-
income
12 129
11 918
-
-
total
12 129
11 918
-
-
Dividends
48 515
47 678
-
-
income
10 310
10 132
-
-
withholding
7 278
7 152
-
-
total
17 588
17 284
-
-
Income
160 000
160 000
160 000
160 000
Total tax
87 159
81 028
61 799
70 537
After tax
72 841
78 972
98 201
89 463
Living cost
41 914
41 914
41 914
41 914
Free-cash
30 927
37 058
56 287
47 549

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46259
₽41384
₽42381
₽45337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
39 930
national
-
-
-
10 492
pensions
-
-
-
9 738
total
-
-
-
76 518
Employee
58 565
-
131 697
-
municipal
17 464
-
39 272
-
national
-
-
9 940
-
total
17 464
-
49 212
-
Employer
58 565
-
131 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
83 034
160 000
-
-
income
18 267
35 200
-
-
total
18 267
35 200
-
-
Dividends
64 766
124 800
-
-
withholding
19 430
37 440
-
-
total
19 430
37 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 562
72 640
77 515
76 518
After tax
86 438
87 360
82 485
83 482
Living cost
41 101
41 101
41 101
41 101
Free-cash
45 337
46 259
41 384
42 381

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40597
₽63584
₽44916
₽54654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
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.

-
-
-
47 656
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.

-
-
-
2 620
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.

-
-
-
6 835
trade
-
-
-
18 668
total
-
-
-
75 779
Employee

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

50 740
-
160 000
-
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.

239
-
2 620
-
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.

4 359
-
47 656
-
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.

6 835
-
6 835
-
total
11 433
-
57 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 260
160 000
-
-
income
16 390
24 000
-
-
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.

902
1 320
-
-
chamber of commerce
308
380
-
-
trade
17 973
26 320
-
-
total
35 573
52 020
-
-
Dividends
73 688
107 981
-
-
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.

993
1 464
-
-
withholding
18 042
26 614
-
-
total
19 035
28 078
-
-
Income
160 000
160 000
160 000
160 000
Total tax
66 041
80 098
57 111
75 779
After tax
93 959
79 902
102 889
84 221
Living cost
39 305
39 305
39 305
39 305
Free-cash
54 654
40 597
63 584
44 916

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84322
₽76268
₽77722
₽80171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
29 557
social contributions
-
-
-
16 188
health
-
-
-
4 080
total
-
-
-
49 825
Employee
76 937
76 937
148 638
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
28 777
-
health
765
1 308
2 527
-
total
12 583
14 815
39 917
-
Employer
76 937
76 937
148 638
-
health
834
1 424
2 749
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 362
-
Corporate
110 392
75 254
-
-
income
13 800
9 406
-
-
total
13 800
9 406
-
-
Dividends
96 593
65 847
-
-
withholding
16 420
11 195
-
-
total
16 420
11 195
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 376
43 225
51 279
49 825
After tax
112 624
116 775
108 721
110 175
Living cost
32 453
32 453
32 453
32 453
Free-cash
80 171
84 322
76 268
77 722

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71548
₽74383
₽92469
₽71929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
19 560
unemployment
-
-
-
2 400
health
-
-
-
11 200
pensions
-
-
-
16 000
total
-
-
-
49 160
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
133 891
-
unemployment
398
158
2 008
-
pensions
2 652
1 055
13 389
-
income
3 242
1 290
16 368
-
health
1 856
739
9 372
-
total
8 148
3 242
41 137
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
133 891
-
pensions
5 171
2 058
26 109
-
total
5 171
2 058
26 109
-
Corporate
128 309
147 387
-
-
income
11 548
13 265
-
-
total
11 548
13 265
-
-
Dividends
116 761
134 123
-
-
social contributions
22 648
26 033
-
-
withholding
22 185
25 483
-
-
total
44 833
51 516
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 700
70 081
67 246
49 160
After tax
90 300
89 919
92 754
110 840
Living cost
18 371
18 371
18 371
18 371
Free-cash
71 929
71 548
74 383
92 469

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103834
₽68055
₽61592
₽97617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
21 440
health
-
-
-
20 800
pensions
-
-
-
32 001
total
-
-
-
74 241
Employee
28 384
-
119 582
-
unemployment
454
-
1 914
-
pensions
568
-
2 392
-
income
3 196
-
23 054
-
total
4 218
-
27 360
-
Employer
28 384
-
119 582
-
health
3 689
-
15 545
-
pensions
5 677
-
23 916
-
unemployment
228
-
957
-
total
9 594
-
40 418
-
Corporate
122 022
160 000
-
-
income
24 404
31 999
-
-
total
24 404
31 999
-
-
Dividends
97 618
128 001
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
38 216
31 999
67 778
74 241
After tax
121 784
128 001
92 222
85 759
Living cost
24 167
24 167
24 167
24 167
Free-cash
97 617
103 834
68 055
61 592

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9342
₽63954
₽87141
₽9539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
256
income
-
-
-
43 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
50 557
Employee
35 083
-
142 942
-
pensions
3 950
-
7 734
-
income
4 813
-
32 585
-
health
4 017
-
16 367
-
total
12 780
-
56 686
-
Employer
35 083
-
142 942
-
pensions
5 705
-
11 169
-
accident
586
-
2 387
-
unemployment
859
-
3 502
-
total
7 150
-
17 058
-
Corporate
117 768
160 000
-
-
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.

105 991
144 000
-
-
total
105 991
144 000
-
-
Dividends
11 777
16 000
-
-
withholding
2 238
3 040
-
-
total
2 238
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
128 159
147 040
73 744
50 557
After tax
31 841
12 960
86 256
109 443
Living cost
22 302
22 302
22 302
22 302
Free-cash
9 539
-9 342
63 954
87 141

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143935
₽119935
₽150335
₽142423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
160 000
microenterprise

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

-
-
-
1 600
total
-
-
-
1 600
Employee
10 081
-
160 000
-
income
2 016
-
32 000
-
total
2 016
-
32 000
-
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%.

149 919
160 000
-
-
total
-
-
-
-
Dividends
149 919
160 000
-
-
withholding
7 496
8 000
-
-
total
7 496
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
9 512
8 000
32 000
1 600
After tax
150 488
152 000
128 000
158 400
Living cost
8 065
8 065
8 065
8 065
Free-cash
142 423
143 935
119 935
150 335

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90892
₽64411
₽59745
₽84134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
23 157
other
-
-
-
7 227
health
-
-
-
6 695
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.

-
-
-
36 516
total
-
-
-
73 595
Employee
36 329
-
127 798
-
unemployment
363
-
1 278
-
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.

2 542
-
8 945
-
income
6 254
-
24 714
-
health
509
-
1 789
-
total
9 668
-
36 726
-
Employer
36 329
-
127 798
-
health
509
-
1 789
-
pensions

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

6 177
-
21 725
-
accident
291
-
1 022
-
unemployment
363
-
1 278
-
other
1 817
-
6 389
-
total
9 157
-
32 203
-
Corporate
114 516
160 000
-
-
income
24 049
33 600
-
-
total
24 049
33 600
-
-
Dividends
90 467
126 400
-
-
withholding
6 332
8 848
-
-
total
6 332
8 848
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 206
42 448
68 929
73 595
After tax
110 794
117 552
91 071
86 405
Living cost
26 660
26 660
26 660
26 660
Free-cash
84 134
90 892
64 411
59 745

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39991
₽26315
₽40876
₽39932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
44 168
pensions
-
-
-
8 628
total
-
-
-
52 796
Employee
93 844
-
139 906
-
pensions
9 053
-
10 720
-
income
16 916
-
34 457
-
health
1 546
-
2 086
-
total
27 515
-
47 263
-
Employer
93 844
-
139 906
-
health
1 782
-
2 658
-
pensions
11 080
-
17 436
-
total
12 862
-
20 094
-
Corporate
53 294
160 000
-
-
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.

10 126
30 399
-
-
total
10 126
30 399
-
-
Dividends
43 168
129 601
-
-
withholding
3 237
23 282
-
-
total
3 237
23 282
-
-
Income
160 000
160 000
160 000
160 000
Total tax
53 740
53 681
67 357
52 796
After tax
106 260
106 319
92 643
107 204
Living cost
66 328
66 328
66 328
66 328
Free-cash
39 932
39 991
26 315
40 876

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽123687
₽119658
₽113558
₽119041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 000
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
33 329
Employee
17 364
-
153 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
15 315
-
health
799
-
1 607
-
total
4 251
-
20 374
-
Employer
17 364
-
153 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
139 229
160 000
-
-
income
13 923
16 000
-
-
total
13 923
16 000
-
-
Dividends
125 306
144 000
-
-
withholding
6 265
7 200
-
-
total
6 265
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
27 846
23 200
27 229
33 329
After tax
132 154
136 800
132 771
126 671
Living cost
13 113
13 113
13 113
13 113
Free-cash
119 041
123 687
119 658
113 558

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23490
₽42719
₽33981
₽26004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
46 476
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
70 537
Employee
92 763
85 442
141 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
19 144
-
health
11 573
11 155
12 338
-
total
37 282
36 864
43 205
-
Employer
92 763
85 442
141 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
50 995
59 596
-
-
income
10 200
11 918
-
-
total
10 200
11 918
-
-
Dividends
40 796
47 678
-
-
income
8 670
10 132
-
-
withholding
6 120
7 152
-
-
total
14 790
17 284
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 514
81 028
61 799
70 537
After tax
81 486
78 972
98 201
89 463
Living cost
55 482
55 482
55 482
55 482
Free-cash
26 004
23 490
42 719
33 981

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85300
₽56335
₽62373
₽76431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
15 394
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
21 600
total
-
-
-
72 767
Employee
36 559
-
119 403
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 761
-
income
4 387
-
14 328
-
health
4 936
-
16 119
-
total
11 699
-
38 208
-
Employer
36 559
-
119 403
-
health
3 290
-
10 746
-
social contributions
9 140
-
29 851
-
total
12 430
-
40 597
-
Corporate
111 011
160 000
-
-
income
21 092
30 400
-
-
total
21 092
30 400
-
-
Dividends
89 919
129 600
-
-
withholding
13 488
19 440
-
-
total
13 488
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 709
49 840
78 805
72 767
After tax
101 291
110 160
81 195
87 233
Living cost
24 860
24 860
24 860
24 860
Free-cash
76 431
85 300
56 335
62 373

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43148
₽27970
₽35199
₽37923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
regional
-
-
-
1 871
municipal
-
-
-
951
national
-
-
-
38 607
total
-
-
-
82 582
Employee
88 922
-
160 000
-
municipal
471
-
849
-
national
15 408
-
33 359
-
regional
839
-
1 651
-
social contributions
29 985
-
53 952
-
total
46 703
-
89 811
-
Employer
88 922
-
160 000
-
total
-
-
-
-
Corporate
71 078
160 000
-
-
municipal
2 772
6 239
-
-
nationa
17 058
38 400
-
-
total
19 830
44 639
-
-
Dividends
51 248
115 361
-
-
withholding
13 325
29 994
-
-
total
13 325
29 994
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 858
74 633
89 811
82 582
After tax
80 142
85 367
70 189
77 418
Living cost
42 219
42 219
42 219
42 219
Free-cash
37 923
43 148
27 970
35 199

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78559
₽47779
₽53850
₽75448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
41 563
other
-
-
-
-
surtax
-
-
-
6 093
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
84 071
Employee
33 087
-
132 176
-
other
-
-
-
-
unemployment
2 303
-
9 199
-
pensions
2 206
-
8 816
-
surtax
108
-
5 130
-
income
5 546
-
35 806
-
health
845
-
3 370
-
total
11 008
-
62 321
-
Employer
33 087
-
132 176
-
health
1 506
-
6 013
-
pensions
4 411
-
17 618
-
unemployment
1 048
-
4 190
-
other
-
-
-
-
total
6 965
-
27 821
-
Corporate
119 948
160 000
-
-
income
31 186
41 601
-
-
total
31 186
41 601
-
-
Dividends
88 762
118 399
-
-
withholding
13 314
17 761
-
-
total
13 314
17 761
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 473
59 362
90 142
84 071
After tax
97 527
100 638
69 858
75 929
Living cost
22 079
22 079
22 079
22 079
Free-cash
75 448
78 559
47 779
53 850

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61006
₽47330
₽61891
₽66765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
44 168
pensions
-
-
-
8 628
total
-
-
-
52 796
Employee
62 892
-
139 906
-
pensions
5 338
-
10 720
-
income
11 327
-
34 457
-
health
913
-
2 086
-
total
17 578
-
47 263
-
Employer
62 892
-
139 906
-
health
1 195
-
2 658
-
pensions
6 808
-
17 436
-
total
8 003
-
20 094
-
Corporate
89 106
160 000
-
-
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.

16 929
30 399
-
-
total
16 929
30 399
-
-
Dividends
72 176
129 601
-
-
withholding
5 412
23 282
-
-
total
5 412
23 282
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 922
53 681
67 357
52 796
After tax
112 078
106 319
92 643
107 204
Living cost
45 313
45 313
45 313
45 313
Free-cash
66 765
61 006
47 330
61 891

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6081
₽43633
₽51408
₽27824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
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.

-
-
-
3 200
regional
-
-
-
7 319
health
-
-
-
360
city
-
-
-
1 687
national
-
-
-
2 058
pensions
-
-
-
14 722
total
-
-
-
29 346
Employee
92 738
-
143 209
-
unemployment
-
-
-
-
pensions
7 791
-
12 031
-
national
439
-
1 688
-
regional
3 037
-
6 324
-
city
995
-
1 539
-
health
210
-
322
-
total
12 472
-
21 904
-
Employer
92 738
-
143 209
-
health
210
-
322
-
pensions
7 791
-
12 031
-
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.

1 854
-
2 864
-
total
9 855
-
15 217
-
Corporate
56 387
160 000
-
-
regional
11 925
33 839
-
-
national
4 793
13 600
-
-
total
16 718
47 439
-
-
Dividends
39 669
112 560
-
-
withholding
13 885
39 396
-
-
total
13 885
39 396
-
-
Income
160 000
160 000
160 000
160 000
Total tax
52 930
86 835
37 121
29 346
After tax
107 070
73 165
122 879
130 654
Living cost
79 246
79 246
79 246
79 246
Free-cash
27 824
-6 081
43 633
51 408

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33243
₽57054
₽37592
₽49467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
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.

-
-
-
47 656
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.

-
-
-
2 620
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.

-
-
-
6 835
trade
-
-
-
19 462
total
-
-
-
76 573
Employee

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

60 131
-
160 000
-
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.

389
-
2 620
-
income

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

7 071
-
47 656
-
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.

6 835
-
6 835
-
total
14 295
-
57 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 869
160 000
-
-
income
14 981
24 000
-
-
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.

824
1 320
-
-
chamber of commerce
292
378
-
-
trade
17 128
27 440
-
-
total
33 225
53 138
-
-
Dividends
66 644
106 862
-
-
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.

896
1 449
-
-
withholding
16 282
26 335
-
-
total
17 178
27 784
-
-
Income
160 000
160 000
160 000
160 000
Total tax
64 698
80 922
57 111
76 573
After tax
95 302
79 078
102 889
83 427
Living cost
45 835
45 835
45 835
45 835
Free-cash
49 467
33 243
57 054
37 592

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46410
₽55504
₽56196
₽52317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
23 718
other
-
-
-
4 959
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 258
pensions
-
-
-
30 078
total
-
-
-
69 572
Employee
42 822
-
124 887
-
pensions
4 842
-
8 246
-
surtax
-
-
-
-
social contributions
1 221
-
3 558
-
income
2 527
-
23 346
-
total
8 590
-
35 150
-
Employer
42 822
-
124 887
-
health
2 998
-
11 037
-
pensions
7 035
-
13 960
-
unemployment
1 734
-
5 058
-
social contributions
129
-
374
-
other
1 477
-
4 685
-
total
13 373
-
35 114
-
Corporate
103 806
160 000
-
-
income
29 066
44 800
-
-
surtax
-
-
-
-
total
29 066
44 800
-
-
Dividends
74 740
115 200
-
-
surtax
-
-
-
-
social contributions
12 854
19 813
-
-
withholding
9 568
14 745
-
-
total
22 422
34 558
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 451
79 358
70 264
69 572
After tax
86 549
80 642
89 736
90 428
Living cost
34 232
34 232
34 232
34 232
Free-cash
52 317
46 410
55 504
56 196

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49802
₽58896
₽59588
₽55360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
23 718
other
-
-
-
4 959
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 258
pensions
-
-
-
30 078
total
-
-
-
69 572
Employee
38 224
-
124 887
-
pensions
4 323
-
8 246
-
surtax
-
-
-
-
social contributions
1 090
-
3 558
-
income
1 971
-
23 346
-
total
7 384
-
35 150
-
Employer
38 224
-
124 887
-
health
2 675
-
11 037
-
pensions
6 281
-
13 960
-
unemployment
1 547
-
5 058
-
social contributions
114
-
374
-
other
1 320
-
4 685
-
total
11 937
-
35 114
-
Corporate
109 838
160 000
-
-
income
30 755
44 800
-
-
surtax
-
-
-
-
total
30 755
44 800
-
-
Dividends
79 083
115 200
-
-
surtax
-
-
-
-
social contributions
13 602
19 813
-
-
withholding
10 122
14 745
-
-
total
23 724
34 558
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 800
79 358
70 264
69 572
After tax
86 200
80 642
89 736
90 428
Living cost
30 840
30 840
30 840
30 840
Free-cash
55 360
49 802
58 896
59 588

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76398
₽78713
₽81536
₽76918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 000
social contributions
-
-
-
22 080
health
-
-
-
11 168
total
-
-
-
57 248
Employee
33 924
-
160 000
-
social contributions
4 682
-
22 080
-
income
5 658
-
26 823
-
health
2 368
-
11 168
-
total
12 708
-
60 071
-
Employer
33 924
-
160 000
-
total
-
-
-
-
Corporate
126 076
160 000
-
-
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%.

6 304
7 999
-
-
total
6 304
7 999
-
-
Dividends
119 772
152 001
-
-
social contributions
16 528
20 977
-
-
withholding
17 966
22 800
-
-
health
8 360
10 610
-
-
total
42 854
54 387
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 866
62 386
60 071
57 248
After tax
98 134
97 614
99 929
102 752
Living cost
21 216
21 216
21 216
21 216
Free-cash
76 918
76 398
78 713
81 536

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53428
₽6804
₽46819
₽51882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
40 386
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
640
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
77 926
Employee
50 003
39 873
125 534
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
31 872
-
health
1 935
1 544
4 523
-
total
14 747
10 162
53 042
-
Employer
50 003
39 873
125 534
-
chamber of commerce
199
159
501
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
3 765
-
other
2 375
1 893
5 888
-
total
14 584
11 672
34 464
-
Corporate
95 411
108 454
121 737
-
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.

23 854
27 114
30 435
-
total
23 854
27 114
30 435
-
Dividends
71 558
81 340
-
-
withholding
19 678
22 369
-
-
total
19 678
22 369
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 863
71 317
117 941
77 926
After tax
87 137
88 683
42 059
82 074
Living cost
35 255
35 255
35 255
35 255
Free-cash
51 882
53 428
6 804
46 819

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53037
₽20757
₽32821
₽38030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
communal

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

-
-
-
8 109
social contributions
-
-
-
24 853
national
-
-
-
57 736
total
-
-
-
90 698
Employee

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

71 569
-
123 922
-
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.

623
-
1 078
-
communal

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

3 733
-
6 463
-
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.

5 368
-
9 294
-
national
22 003
-
44 026
-
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.

3 363
-
5 825
-
total
35 090
-
66 686
-
Employer

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

71 569
-
123 922
-
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.

4 401
-
7 621
-
pensions

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

6 342
-
10 980
-
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.

930
-
1 612
-
unemployment

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

1 044
-
1 809
-
surtax
8 115
-
14 054
-
total
20 832
-
36 076
-
Corporate
67 598
160 000
-
-
income
13 519
31 999
-
-
surtax
270
640
-
-
total
13 789
32 639
-
-
Dividends
53 809
127 361
-
-
withholding

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

15 778
37 843
-
-
total
15 778
37 843
-
-
Income
160 000
160 000
160 000
160 000
Total tax
85 489
70 482
102 762
90 698
After tax
74 511
89 518
57 238
69 302
Living cost
36 481
36 481
36 481
36 481
Free-cash
38 030
53 037
20 757
32 821

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70713
₽49643
₽53841
₽63565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
835
income
-
-
-
42 204
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
70 025
Employee
49 805
-
130 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
38 769
-
total
13 671
-
44 658
-
Employer
49 805
-
130 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
94 320
160 000
-
-
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.

14 147
24 000
-
-
total
14 147
24 000
-
-
Dividends
80 173
136 000
-
-
withholding
16 608
29 153
-
-
total
16 608
29 153
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 301
53 153
74 223
70 025
After tax
99 699
106 847
85 777
89 975
Living cost
36 134
36 134
36 134
36 134
Free-cash
63 565
70 713
49 643
53 841

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40192
₽32929
₽26548
₽28179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
communal
-
-
-
10 113
accident
-
-
-
1 348
income
-
-
-
24 459
surtax
-
-
-
7 933
health
-
-
-
11 242
pensions
-
-
-
23 983
total
-
-
-
79 078
Employee
75 770
-
142 921
-
pensions
6 061
-
11 434
-
surtax
4 644
-
8 759
-
income
7 319
-
29 065
-
health
3 372
-
6 361
-
total
21 396
-
55 619
-
Employer
75 770
-
142 921
-
health
2 311
-
4 359
-
pensions
6 061
-
11 434
-
accident
682
-
1 285
-
total
9 054
-
17 078
-
Corporate
75 177
160 000
-
-
communal
5 075
10 800
-
-
income
11 276
24 000
-
-
surtax
790
1 680
-
-
total
17 141
36 480
-
-
Dividends
58 035
123 520
-
-
income
21 150
10 426
-
-
withholding
8 706
18 528
-
-
total
29 856
28 954
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 447
65 434
72 697
79 078
After tax
82 553
94 566
87 303
80 922
Living cost
54 374
54 374
54 374
54 374
Free-cash
28 179
40 192
32 929
26 548

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78165
₽47385
₽53456
₽74985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
41 563
other
-
-
-
-
surtax
-
-
-
6 093
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
84 071
Employee
33 695
-
132 176
-
other
-
-
-
-
unemployment
2 345
-
9 199
-
pensions
2 248
-
8 816
-
surtax
120
-
5 130
-
income
5 649
-
35 806
-
health
860
-
3 370
-
total
11 222
-
62 321
-
Employer
33 695
-
132 176
-
health
1 532
-
6 013
-
pensions
4 492
-
17 618
-
unemployment
1 069
-
4 190
-
other
-
-
-
-
total
7 093
-
27 821
-
Corporate
119 212
160 000
-
-
income
30 995
41 601
-
-
total
30 995
41 601
-
-
Dividends
88 217
118 399
-
-
withholding
13 232
17 761
-
-
total
13 232
17 761
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 542
59 362
90 142
84 071
After tax
97 458
100 638
69 858
75 929
Living cost
22 473
22 473
22 473
22 473
Free-cash
74 985
78 165
47 385
53 456

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
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.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57148
₽42736
₽49925
₽54926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
regional
-
-
-
2 412
municipal
-
-
-
951
national
-
-
-
38 607
total
-
-
-
83 123
Employee
55 502
-
160 000
-
municipal
294
-
849
-
national
8 793
-
33 359
-
regional
747
-
2 152
-
social contributions
18 716
-
53 952
-
total
28 550
-
90 312
-
Employer
55 502
-
160 000
-
total
-
-
-
-
Corporate
104 498
160 000
-
-
municipal
5 193
7 952
-
-
nationa
25 080
38 400
-
-
total
30 273
46 352
-
-
Dividends
74 225
113 648
-
-
withholding
19 299
29 548
-
-
total
19 299
29 548
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 122
75 900
90 312
83 123
After tax
81 878
84 100
69 688
76 877
Living cost
26 952
26 952
26 952
26 952
Free-cash
54 926
57 148
42 736
49 925

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79526
₽50561
₽56599
₽68597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
15 394
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
21 600
total
-
-
-
72 767
Employee
45 050
-
119 403
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 761
-
income
5 406
-
14 328
-
health
6 082
-
16 119
-
total
14 416
-
38 208
-
Employer
45 050
-
119 403
-
health
4 055
-
10 746
-
social contributions
11 263
-
29 851
-
total
15 318
-
40 597
-
Corporate
99 632
160 000
-
-
income
18 930
30 400
-
-
total
18 930
30 400
-
-
Dividends
80 702
129 600
-
-
withholding
12 105
19 440
-
-
total
12 105
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 769
49 840
78 805
72 767
After tax
99 231
110 160
81 195
87 233
Living cost
30 634
30 634
30 634
30 634
Free-cash
68 597
79 526
50 561
56 599

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56870
₽10198
₽50350
₽56374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
40 386
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
640
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
77 729
Employee
43 737
39 873
125 717
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
31 948
-
health
1 692
1 544
4 523
-
total
11 816
10 162
53 118
-
Employer
43 737
39 873
125 717
-
chamber of commerce
175
159
503
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
3 771
-
other
2 077
1 893
5 896
-
total
12 587
11 475
34 283
-
Corporate
103 677
108 651
121 919
-
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.

25 919
27 163
30 480
-
total
25 919
27 163
30 480
-
Dividends
77 757
81 488
-
-
withholding
21 383
22 409
-
-
total
21 383
22 409
-
-
Income
160 000
160 000
160 000
160 000
Total tax
71 705
71 209
117 881
77 729
After tax
88 295
88 791
42 119
82 271
Living cost
31 921
31 921
31 921
31 921
Free-cash
56 374
56 870
10 198
50 350

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139432
₽115432
₽145832
₽137076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
160 000
microenterprise

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

-
-
-
1 600
total
-
-
-
1 600
Employee
15 710
-
160 000
-
income
3 142
-
32 000
-
total
3 142
-
32 000
-
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%.

144 290
160 000
-
-
total
-
-
-
-
Dividends
144 290
160 000
-
-
withholding
7 214
8 000
-
-
total
7 214
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
10 356
8 000
32 000
1 600
After tax
149 644
152 000
128 000
158 400
Living cost
12 568
12 568
12 568
12 568
Free-cash
137 076
139 432
115 432
145 832

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83324
₽47894
₽52133
₽74954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
35 828
unemployment
-
-
-
239
health
-
-
-
15 744
pensions
-
-
-
29 219
total
-
-
-
81 030
Employee

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

44 244
-
138 444
-
unemployment
63
-
194
-
pensions
6 858
-
21 459
-
income
7 630
-
33 117
-
health
2 858
-
8 943
-
total
17 409
-
63 713
-
Employer

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

44 244
-
138 444
-
health
2 947
-
9 220
-
pensions
3 915
-
12 252
-
unemployment
27
-
84
-
total
6 889
-
21 556
-
Corporate
108 867
160 000
-
-
income
20 685
30 400
-
-
total
20 685
30 400
-
-
Dividends
88 183
129 600
-
-
withholding
13 226
19 439
-
-
total
13 226
19 439
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 209
49 839
85 269
81 030
After tax
101 791
110 161
74 731
78 970
Living cost
26 837
26 837
26 837
26 837
Free-cash
74 954
83 324
47 894
52 133

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53533
₽102832
₽66762
₽5237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
31 187
social contributions
-
-
-
18 240
total
-
-
-
49 427
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
8 608
160 000
-
-
income
1 894
35 200
-
-
total
1 894
35 200
-
-
Dividends
6 714
124 800
-
-
income
1 477
27 456
-
-
total
1 477
27 456
-
-
Income
160 000
160 000
160 000
160 000
Total tax
110 952
62 656
13 357
49 427
After tax
49 048
97 344
146 643
110 573
Living cost
43 811
43 811
43 811
43 811
Free-cash
5 237
53 533
102 832
66 762

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59624
₽43217
₽54901
₽58615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
18 115
surtax
-
-
-
-
social contributions

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

-
-
-
55 600
total
-
-
-
73 715
Employee
46 017
-
129 292
-
surtax
-
-
-
-
social contributions
5 062
-
14 221
-
income
9 572
-
40 472
-
total
14 634
-
54 693
-
Employer
46 017
-
129 292
-
social contributions
10 929
-
30 706
-
total
10 929
-
30 706
-
Corporate
103 054
160 000
-
-
income
21 642
33 600
-
-
surtax
-
-
-
-
total
21 642
33 600
-
-
Dividends
81 412
126 400
-
-
withholding
22 796
35 392
-
-
total
22 796
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
70 001
68 992
85 399
73 715
After tax
89 999
91 008
74 601
86 285
Living cost
31 384
31 384
31 384
31 384
Free-cash
58 615
59 624
43 217
54 901

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽32317
₽41411
₽42103
₽39192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
23 718
other
-
-
-
4 959
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 258
pensions
-
-
-
30 078
total
-
-
-
69 572
Employee
62 666
-
124 887
-
pensions
7 088
-
8 246
-
surtax
-
-
-
-
social contributions
1 785
-
3 558
-
income
5 468
-
23 346
-
total
14 341
-
35 150
-
Employer
62 666
-
124 887
-
health
4 386
-
11 037
-
pensions
10 297
-
13 960
-
unemployment
2 539
-
5 058
-
social contributions
188
-
374
-
other
2 163
-
4 685
-
total
19 573
-
35 114
-
Corporate
77 762
160 000
-
-
income
21 773
44 800
-
-
surtax
-
-
-
-
total
21 773
44 800
-
-
Dividends
55 990
115 200
-
-
surtax
-
-
-
-
social contributions
9 630
19 813
-
-
withholding
7 166
14 745
-
-
total
16 796
34 558
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 483
79 358
70 264
69 572
After tax
87 517
80 642
89 736
90 428
Living cost
48 325
48 325
48 325
48 325
Free-cash
39 192
32 317
41 411
42 103

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113924
₽92570
₽88320
₽110563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
6 404
social contributions
-
-
-
35 200
total
-
-
-
41 604
Employee
32 166
-
138 527
-
income
-
-
6 877
-
social contributions
2 090
-
9 006
-
total
2 090
-
15 883
-
Employer
32 166
-
138 527
-
social contributions
4 986
-
21 471
-
total
4 986
-
21 471
-
Corporate
122 848
160 000
-
-
income
12 285
16 000
-
-
total
12 285
16 000
-
-
Dividends
110 563
144 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
19 361
16 000
37 354
41 604
After tax
140 639
144 000
122 646
118 396
Living cost
30 076
30 076
30 076
30 076
Free-cash
110 563
113 924
92 570
88 320

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57883
-₽57883
₽47136
-₽57883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
labour market
-
-
-
12 731
municipal
-
-
-
32 849
national
-
-
-
18 256
pensions
-
-
-
867
total
-
-
-
64 703
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
169 722
169 722
169 722
64 703
After tax
-9 722
-9 722
-9 722
95 297
Living cost
48 161
48 161
48 161
48 161
Free-cash
-57 883
-57 883
-57 883
47 136

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9013
₽64283
₽87470
₽9591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
256
income
-
-
-
43 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
50 557
Employee
34 565
-
142 942
-
pensions
3 892
-
7 734
-
income
4 742
-
32 585
-
health
3 958
-
16 367
-
total
12 592
-
56 686
-
Employer
34 565
-
142 942
-
pensions
5 620
-
11 169
-
accident
577
-
2 387
-
unemployment
847
-
3 502
-
total
7 044
-
17 058
-
Corporate
118 390
160 000
-
-
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.

106 551
144 000
-
-
total
106 551
144 000
-
-
Dividends
11 839
16 000
-
-
withholding
2 249
3 040
-
-
total
2 249
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
128 436
147 040
73 744
50 557
After tax
31 564
12 960
86 256
109 443
Living cost
21 973
21 973
21 973
21 973
Free-cash
9 591
-9 013
64 283
87 470

Estimated living cost  is ₽21973 per week

₽15994
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.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62856
₽46554
₽67146
₽64978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
160 000
health
-
-
-
2 047
municipal
-
-
-
28 431
national
-
-
-
23 962
total
-
-
-
54 440
Employee
52 641
-
134 601
-
municipal
8 622
-
21 932
-
unemployment
790
-
2 018
-
pensions
3 553
-
9 085
-
national
870
-
14 942
-
health
393
-
1 656
-
total
14 228
-
49 633
-
Employer
52 641
-
134 601
-
health
404
-
1 037
-
pensions
9 133
-
23 352
-
accident
53
-
135
-
unemployment
342
-
875
-
total
9 932
-
25 399
-
Corporate
97 427
160 000
-
-
income
19 485
31 999
-
-
total
19 485
31 999
-
-
Dividends

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

58 457
96 001
-
-
municipal
10 523
17 280
-
-
national
2 440
9 451
-
-
total
12 963
26 731
-
-
Income
160 000
160 000
160 000
160 000
Total tax
56 608
58 730
75 032
54 440
After tax
103 392
101 270
84 968
105 560
Living cost
38 414
38 414
38 414
38 414
Free-cash
64 978
62 856
46 554
67 146

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93610
₽85556
₽87010
₽88165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
29 557
social contributions
-
-
-
16 188
health
-
-
-
4 080
total
-
-
-
49 825
Employee
76 937
76 937
148 638
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
28 777
-
health
596
1 308
2 527
-
total
11 882
14 815
39 917
-
Employer
76 937
76 937
148 638
-
health
647
1 424
2 749
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 362
-
Corporate
121 396
75 254
-
-
income
15 175
9 406
-
-
total
15 175
9 406
-
-
Dividends
106 222
65 847
-
-
withholding
18 057
11 195
-
-
total
18 057
11 195
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 670
43 225
51 279
49 825
After tax
111 330
116 775
108 721
110 175
Living cost
23 165
23 165
23 165
23 165
Free-cash
88 165
93 610
85 556
87 010

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116609
₽97886
₽117955
₽111520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
160 000
income
-
-
-
16 145
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
26 159
Employee

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

22 966
-
150 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
13 665
-
health
1 952
-
8 070
-
total
7 080
-
36 450
-
Employer

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

22 966
-
150 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
134 670
160 000
-
-
income
12 120
14 400
-
-
total
12 120
14 400
-
-
Dividends
122 551
145 600
-
-
withholding
11 030
13 105
-
-
total
11 030
13 105
-
-
Income
160 000
160 000
160 000
160 000
Total tax
32 594
27 505
46 228
26 159
After tax
127 406
132 495
113 772
133 841
Living cost
15 886
15 886
15 886
15 886
Free-cash
111 520
116 609
97 886
117 955

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79333
₽58263
₽62461
₽74906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
835
income
-
-
-
42 204
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
70 025
Employee
36 996
-
130 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
38 769
-
total
9 481
-
44 658
-
Employer
36 996
-
130 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
111 209
160 000
-
-
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.

16 682
24 000
-
-
total
16 682
24 000
-
-
Dividends
94 527
136 000
-
-
withholding
19 623
29 153
-
-
total
19 623
29 153
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 580
53 153
74 223
70 025
After tax
102 420
106 847
85 777
89 975
Living cost
27 514
27 514
27 514
27 514
Free-cash
74 906
79 333
58 263
62 461

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97900
₽100783
₽100921
₽97581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
54 698
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
57 139
Employee
2 954
-
158 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
54 624
-
health
148
-
354
-
total
1 015
-
55 686
-
Employer
2 954
-
158 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
156 381
160 000
-
-
income
34 404
35 200
-
-
total
34 404
35 200
-
-
Dividends
121 977
124 800
-
-
withholding
24 395
24 960
-
-
total
24 395
24 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 479
60 160
57 277
57 139
After tax
99 521
99 840
102 723
102 861
Living cost
1 940
1 940
1 940
1 940
Free-cash
97 581
97 900
100 783
100 921

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98298
₽78928
₽78929
₽93374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
35 821
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
63 769
Employee

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

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

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

26 090
-
146 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
35 821
-
health
1 344
-
3 808
-
total
8 789
-
50 535
-
Employer

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

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

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

26 090
-
146 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
129 240
160 000
-
-
income
19 386
24 000
-
-
total
19 386
24 000
-
-
Dividends
109 854
136 000
-
-
withholding
16 478
20 400
-
-
total
16 478
20 400
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 324
44 400
63 770
63 769
After tax
110 676
115 600
96 230
96 231
Living cost
17 302
17 302
17 302
17 302
Free-cash
93 374
98 298
78 928
78 929

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64034
₽47627
₽59311
₽63673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
18 115
surtax
-
-
-
-
social contributions

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

-
-
-
55 600
total
-
-
-
73 715
Employee
38 833
-
129 292
-
surtax
-
-
-
-
social contributions
4 272
-
14 221
-
income
7 588
-
40 472
-
total
11 860
-
54 693
-
Employer
38 833
-
129 292
-
social contributions
9 222
-
30 706
-
total
9 222
-
30 706
-
Corporate
111 945
160 000
-
-
income
23 508
33 600
-
-
surtax
-
-
-
-
total
23 508
33 600
-
-
Dividends
88 437
126 400
-
-
withholding
24 763
35 392
-
-
total
24 763
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 353
68 992
85 399
73 715
After tax
90 647
91 008
74 601
86 285
Living cost
26 974
26 974
26 974
26 974
Free-cash
63 673
64 034
47 627
59 311

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71683
₽50614
₽54811
₽64872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
835
income
-
-
-
42 204
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
70 025
Employee
48 322
-
130 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
38 769
-
total
13 159
-
44 658
-
Employer
48 322
-
130 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
96 272
160 000
-
-
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.

14 442
24 000
-
-
total
14 442
24 000
-
-
Dividends
81 831
136 000
-
-
withholding
16 957
29 153
-
-
total
16 957
29 153
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 964
53 153
74 223
70 025
After tax
100 036
106 847
85 777
89 975
Living cost
35 164
35 164
35 164
35 164
Free-cash
64 872
71 683
50 614
54 811

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119595
₽115566
₽109466
₽113499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 000
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
33 329
Employee
22 782
-
153 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
15 315
-
health
1 048
-
1 607
-
total
5 577
-
20 374
-
Employer
22 782
-
153 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
132 748
160 000
-
-
income
13 275
16 000
-
-
total
13 275
16 000
-
-
Dividends
119 473
144 000
-
-
withholding
5 974
7 200
-
-
total
5 974
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
29 296
23 200
27 229
33 329
After tax
130 704
136 800
132 771
126 671
Living cost
17 205
17 205
17 205
17 205
Free-cash
113 499
119 595
115 566
109 466

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43743
₽64261
₽47976
₽56834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
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.

-
-
-
47 656
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.

-
-
-
2 620
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.

-
-
-
6 835
trade
-
-
-
16 285
total
-
-
-
73 396
Employee

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

49 783
-
160 000
-
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.

226
-
2 620
-
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.

4 094
-
47 656
-
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.

6 835
-
6 835
-
total
11 155
-
57 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 217
160 000
-
-
income
16 532
24 000
-
-
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.

909
1 320
-
-
chamber of commerce
313
387
-
-
trade
15 816
22 959
-
-
total
33 570
48 666
-
-
Dividends
76 646
111 334
-
-
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.

1 033
1 509
-
-
withholding
18 780
27 454
-
-
total
19 813
28 963
-
-
Income
160 000
160 000
160 000
160 000
Total tax
64 538
77 629
57 111
73 396
After tax
95 462
82 371
102 889
86 604
Living cost
38 628
38 628
38 628
38 628
Free-cash
56 834
43 743
64 261
47 976

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55006
₽29225
₽29225
₽57215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
47 462
social contributions
-
-
-
26 318
total
-
-
-
73 780
Employee
78 265
-
160 000
-
income
14 768
-
47 462
-
social contributions
6 502
-
26 318
-
total
21 270
-
73 780
-
Employer
78 265
-
160 000
-
total
-
-
-
-
Corporate
81 735
160 000
-
-
income
10 217
19 999
-
-
total
10 217
19 999
-
-
Dividends
71 518
140 001
-
-
withholding
14 303
28 000
-
-
total
14 303
28 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
45 790
47 999
73 780
73 780
After tax
114 210
112 001
86 220
86 220
Living cost
56 995
56 995
56 995
56 995
Free-cash
57 215
55 006
29 225
29 225

Estimated living cost  is ₽56995 per week

₽43361
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.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62393
₽78435
₽89180
₽65890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
155 398
-
income
4 980
-
36 041
-
social contributions
4 599
-
4 602
-
total
9 579
-
40 643
-
Employer
45 899
-
155 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
109 502
160 000
-
-
income
38 326
56 001
-
-
total
38 326
56 001
-
-
Dividends
71 177
103 999
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 790
61 287
45 245
34 500
After tax
102 210
98 713
114 755
125 500
Living cost
36 320
36 320
36 320
36 320
Free-cash
65 890
62 393
78 435
89 180

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69481
₽55805
₽70366
₽75352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
44 168
pensions
-
-
-
8 628
total
-
-
-
52 796
Employee
50 566
-
139 906
-
pensions
3 859
-
10 720
-
income
9 208
-
34 457
-
health
660
-
2 086
-
total
13 727
-
47 263
-
Employer
50 566
-
139 906
-
health
961
-
2 658
-
pensions
5 109
-
17 436
-
total
6 070
-
20 094
-
Corporate
103 364
160 000
-
-
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.

19 640
30 399
-
-
total
19 640
30 399
-
-
Dividends
83 724
129 601
-
-
withholding
8 373
23 282
-
-
total
8 373
23 282
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 810
53 681
67 357
52 796
After tax
112 190
106 319
92 643
107 204
Living cost
36 838
36 838
36 838
36 838
Free-cash
75 352
69 481
55 805
70 366

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11189
₽62107
₽85294
₽9258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
256
income
-
-
-
43 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
50 557
Employee
37 987
-
142 942
-
pensions
4 277
-
7 734
-
income
5 211
-
32 585
-
health
4 349
-
16 367
-
total
13 837
-
56 686
-
Employer
37 987
-
142 942
-
pensions
6 176
-
11 169
-
accident
634
-
2 387
-
unemployment
931
-
3 502
-
total
7 741
-
17 058
-
Corporate
114 272
160 000
-
-
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.

102 844
144 000
-
-
total
102 844
144 000
-
-
Dividends
11 427
16 000
-
-
withholding
2 171
3 040
-
-
total
2 171
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
126 593
147 040
73 744
50 557
After tax
33 407
12 960
86 256
109 443
Living cost
24 149
24 149
24 149
24 149
Free-cash
9 258
-11 189
62 107
85 294

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽121126
₽98351
₽76351
₽116445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
160 000
income
-
-
-
26 135
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 440
total
-
-
-
70 135
Employee

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

21 623
-
160 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
26 135
-
total
8 108
-
48 135
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 377
160 000
-
-
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%.

1 384
1 600
-
-
total
1 384
1 600
-
-
Dividends
136 993
158 400
-
-
withholding
20 549
23 760
-
-
total
20 549
23 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
30 041
25 360
48 135
70 135
After tax
129 959
134 640
111 865
89 865
Living cost
13 514
13 514
13 514
13 514
Free-cash
116 445
121 126
98 351
76 351

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44417
₽28641
₽35666
₽39868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
regional
-
-
-
3 646
municipal
-
-
-
1 069
national
-
-
-
38 607
total
-
-
-
84 475
Employee
84 312
-
160 000
-
municipal
503
-
955
-
national
14 248
-
33 359
-
regional
1 273
-
3 234
-
social contributions
28 430
-
53 952
-
total
44 454
-
91 500
-
Employer
84 312
-
160 000
-
total
-
-
-
-
Corporate
75 688
160 000
-
-
municipal
3 647
7 713
-
-
nationa
18 165
38 400
-
-
total
21 812
46 113
-
-
Dividends
53 875
113 888
-
-
withholding
14 007
29 611
-
-
total
14 007
29 611
-
-
Income
160 000
160 000
160 000
160 000
Total tax
80 273
75 724
91 500
84 475
After tax
79 727
84 276
68 500
75 525
Living cost
39 859
39 859
39 859
39 859
Free-cash
39 868
44 417
28 641
35 666

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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