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
₽55182
₽51960
₽62459
₽73431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 249
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.

-
-
-
6 484
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.

-
-
-
2 676
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.

-
-
-
48 661
total
-
-
-
76 070
Employee

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

36 302
-
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.

56
-
2 676
-
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.

1 014
-
48 661
-
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.

6 484
-
6 484
-
total
7 554
-
57 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 698
160 000
-
-
trade
19 483
25 200
-
-
income
18 555
24 000
-
-
chamber of commerce
322
375
-
-
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.

1 021
1 320
-
-
total
39 381
50 895
-
-
Dividends
84 316
109 106
-
-
withholding
20 718
26 916
-
-
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.

1 140
1 481
-
-
total
21 858
28 397
-
-
Income
160 000
160 000
160 000
160 000
Total tax
68 793
79 292
57 821
76 070
After tax
91 207
80 708
102 179
83 930
Living cost
28 748
28 748
28 748
28 748
Free-cash
62 459
51 960
73 431
55 182

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44192
₽49363
₽48523
₽45448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 419
pensions
-
-
-
19 200
social contributions
-
-
-
1 720
national
-
-
-
26 992
total
-
-
-
65 331
Employee
78 248
-
138 319
-
municipal
9 665
-
18 038
-
national
14 977
-
27 952
-
pensions
3 130
-
5 533
-
total
27 772
-
51 523
-
Employer
78 248
-
138 319
-
pensions
6 260
-
11 065
-
social contributions
841
-
1 487
-
total
7 101
-
12 552
-
Corporate
69 486
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%.

13 897
32 000
-
-
total
13 897
32 000
-
-
Dividends
55 589
128 000
-
-
withholding
12 230
28 160
-
-
total
12 230
28 160
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 000
60 160
64 075
65 331
After tax
99 000
99 840
95 925
94 669
Living cost
50 477
50 477
50 477
50 477
Free-cash
48 523
49 363
45 448
44 192

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34850
₽108253
₽100469
₽46503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
40 799
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.

-
-
-
36 365
income
-
-
-
28 240
microenterprise
-
-
-
-
total
-
-
-
105 404
Employee
27 734
-
119 595
-
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.

3 051
-
12 442
-
surtax
-
-
17 341
-
income
4 937
-
23 564
-
total
7 988
-
53 347
-
Employer
27 734
-
119 595
-
surtax
-
-
13 155
-
social contributions

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

6 680
-
27 249
-
total
6 680
-
40 404
-
Corporate
125 586
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%.

25 117
32 001
-
-
total
25 117
32 001
-
-
Dividends

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

100 469
127 999
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
39 785
32 001
93 751
105 404
After tax
120 215
127 999
66 249
54 596
Living cost
19 746
19 746
19 746
19 746
Free-cash
100 469
108 253
46 503
34 850

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49073
₽39348
₽33532
₽59423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
48 343
total
-
-
-
71 167
Employee
81 051
81 051
142 362
-
pensions
14 589
11 120
11 120
-
income

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

13 267
13 267
20 354
-
health
12 440
10 582
11 704
-
total
40 296
34 969
43 178
-
Employer
81 051
81 051
142 362
-
pensions
5 641
5 641
7 012
-
unemployment
2 918
2 918
3 626
-
health
5 634
5 634
7 001
-
total
14 193
14 193
17 639
-
Corporate
65 751
64 756
-
-
income
13 150
12 952
-
-
total
13 150
12 952
-
-
Dividends
52 601
51 804
-
-
withholding
7 891
7 770
-
-
income
11 178
11 008
-
-
total
19 069
18 778
-
-
Income
160 000
160 000
160 000
160 000
Total tax
86 708
80 892
60 817
71 167
After tax
73 292
79 108
99 183
88 833
Living cost
39 760
39 760
39 760
39 760
Free-cash
33 532
39 348
59 423
49 073

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43811
₽48223
₽47343
₽42862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 302
pensions
-
-
-
9 272
health
-
-
-
5 352
other
-
-
-
9 967
unemployment
-
-
-
86
accident
-
-
-
171
national
-
-
-
11 902
total
-
-
-
77 052
Employee
55 766
-
133 050
-
municipal
16 630
-
39 675
-
national
-
-
11 377
-
total
16 630
-
51 052
-
Employer
55 766
-
133 050
-
pensions
6 028
-
9 272
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
accident
112
-
171
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
86 712
160 000
-
-
income
19 077
35 200
-
-
total
19 077
35 200
-
-
Dividends
67 635
124 800
-
-
withholding
20 291
37 440
-
-
total
20 291
37 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 520
72 640
78 001
77 052
After tax
86 480
87 360
81 999
82 948
Living cost
39 137
39 137
39 137
39 137
Free-cash
47 343
48 223
42 862
43 811

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45833
₽42603
₽55938
₽64894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 061
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.

-
-
-
6 484
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.

-
-
-
2 676
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.

-
-
-
48 661
total
-
-
-
76 882
Employee

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

48 132
-
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.

227
-
2 676
-
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.

4 135
-
48 661
-
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.

6 484
-
6 484
-
total
10 846
-
57 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 868
160 000
-
-
trade
18 402
26 320
-
-
income
16 781
24 000
-
-
chamber of commerce
303
371
-
-
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.

922
1 320
-
-
total
36 408
52 011
-
-
Dividends
75 460
107 989
-
-
withholding
18 505
26 637
-
-
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.

1 018
1 464
-
-
total
19 523
28 101
-
-
Income
160 000
160 000
160 000
160 000
Total tax
66 777
80 112
57 821
76 882
After tax
93 223
79 888
102 179
83 118
Living cost
37 285
37 285
37 285
37 285
Free-cash
55 938
42 603
64 894
45 833

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78935
₽85960
₽82024
₽77508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 080
social contributions
-
-
-
15 356
income
-
-
-
30 844
total
-
-
-
50 280
Employee
72 983
72 983
149 073
-
social contributions
3 546
6 057
8 170
-
income
7 664
6 756
30 075
-
health
726
1 241
2 534
-
total
11 936
14 054
40 779
-
Employer
72 983
72 983
149 073
-
social contributions
3 546
6 057
8 170
-
health
791
1 351
2 758
-
total
4 337
7 408
10 928
-
Corporate
112 942
79 609
-
-
income
14 117
9 951
-
-
total
14 117
9 951
-
-
Dividends
98 825
69 658
-
-
withholding
16 801
11 842
-
-
total
16 801
11 842
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 191
43 255
51 707
50 280
After tax
112 809
116 745
108 293
109 720
Living cost
30 785
30 785
30 785
30 785
Free-cash
82 024
85 960
77 508
78 935

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93402
₽72460
₽72823
₽75316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 000
health
-
-
-
11 200
unemployment
-
-
-
2 400
income
-
-
-
19 560
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.

25 172
10 018
133 891
-
pensions
2 517
1 002
13 389
-
unemployment
378
150
2 008
-
income
3 077
1 225
16 368
-
health
1 762
701
9 372
-
total
7 734
3 078
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.

25 172
10 018
133 891
-
pensions
4 909
1 954
26 109
-
total
4 909
1 954
26 109
-
Corporate
129 919
148 028
-
-
income
11 693
13 323
-
-
total
11 693
13 323
-
-
Dividends
118 226
134 706
-
-
withholding
22 463
25 594
-
-
social contributions
22 940
26 153
-
-
total
45 403
51 747
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 739
70 102
67 246
49 160
After tax
90 261
89 898
92 754
110 840
Living cost
17 438
17 438
17 438
17 438
Free-cash
72 823
72 460
75 316
93 402

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62836
₽105074
₽99180
₽69297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
31 999
health
-
-
-
20 799
income
-
-
-
21 441
total
-
-
-
74 239
Employee
26 925
-
119 581
-
pensions
539
-
2 392
-
unemployment
430
-
1 913
-
income
3 031
-
23 054
-
total
4 000
-
27 359
-
Employer
26 925
-
119 581
-
pensions
5 385
-
23 917
-
unemployment
216
-
956
-
health
3 500
-
15 546
-
total
9 101
-
40 419
-
Corporate
123 974
160 000
-
-
income
24 794
32 001
-
-
total
24 794
32 001
-
-
Dividends
99 180
127 999
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
37 895
32 001
67 778
74 239
After tax
122 105
127 999
92 222
85 761
Living cost
22 925
22 925
22 925
22 925
Free-cash
99 180
105 074
69 297
62 836

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
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.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88210
-₽8242
₽9708
₽65363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
43 876
total
-
-
-
50 588
Employee
33 352
-
143 471
-
pensions
3 755
-
7 353
-
income
4 576
-
33 125
-
health
3 819
-
16 428
-
total
12 150
-
56 906
-
Employer
33 352
-
143 471
-
pensions
5 423
-
10 618
-
unemployment
817
-
3 515
-
accident
557
-
2 396
-
total
6 797
-
16 529
-
Corporate
119 851
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.

107 866
144 000
-
-
total
107 866
144 000
-
-
Dividends
11 985
16 000
-
-
withholding
2 277
3 040
-
-
total
2 277
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 090
147 040
73 435
50 588
After tax
30 910
12 960
86 565
109 412
Living cost
21 202
21 202
21 202
21 202
Free-cash
9 708
-8 242
65 363
88 210

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150635
₽144235
₽142779
₽120235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 706
-
160 000
-
income
1 941
-
32 000
-
total
1 941
-
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%.

150 294
160 000
-
-
total
-
-
-
-
Dividends
150 294
160 000
-
-
withholding
7 515
8 000
-
-
total
7 515
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
9 456
8 000
32 000
1 600
After tax
150 544
152 000
128 000
158 400
Living cost
7 765
7 765
7 765
7 765
Free-cash
142 779
144 235
120 235
150 635

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62843
₽92263
₽85851
₽65562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 639
health
-
-
-
6 351
other
-
-
-
6 855
income
-
-
-
24 022
total
-
-
-
71 867
Employee
34 461
-
127 796
-
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.

2 412
-
8 946
-
unemployment
344
-
1 279
-
income
5 933
-
24 929
-
health
483
-
1 789
-
total
9 172
-
36 943
-
Employer
34 461
-
127 796
-
pensions

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

5 859
-
21 725
-
other
1 724
-
6 389
-
unemployment
344
-
1 279
-
accident
276
-
1 023
-
health
483
-
1 789
-
total
8 686
-
32 205
-
Corporate
116 854
160 000
-
-
income
24 539
33 600
-
-
total
24 539
33 600
-
-
Dividends
92 315
126 400
-
-
withholding
6 462
8 847
-
-
total
6 462
8 847
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 859
42 447
69 148
71 867
After tax
111 141
117 553
90 852
88 133
Living cost
25 290
25 290
25 290
25 290
Free-cash
85 851
92 263
65 562
62 843

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43741
₽42548
₽44235
₽29233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 337
income
-
-
-
45 166
total
-
-
-
53 503
Employee
88 790
-
139 816
-
pensions
8 566
-
10 292
-
income
16 005
-
35 491
-
health
1 463
-
2 048
-
total
26 034
-
47 831
-
Employer
88 790
-
139 816
-
pensions
10 484
-
17 524
-
health
1 686
-
2 656
-
total
12 170
-
20 180
-
Corporate
59 040
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.

11 217
30 401
-
-
total
11 217
30 401
-
-
Dividends
47 823
129 599
-
-
withholding
3 588
24 295
-
-
total
3 588
24 295
-
-
Income
160 000
160 000
160 000
160 000
Total tax
53 009
54 696
68 011
53 503
After tax
106 991
105 304
91 989
106 497
Living cost
62 756
62 756
62 756
62 756
Free-cash
44 235
42 548
29 233
43 741

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114716
₽124363
₽119957
₽120916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
24 000
total
-
-
-
32 847
Employee
16 468
-
153 499
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
15 350
-
health
757
-
1 524
-
total
4 031
-
20 147
-
Employer
16 468
-
153 499
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
140 300
160 000
-
-
income
14 030
16 000
-
-
total
14 030
16 000
-
-
Dividends
126 270
144 000
-
-
withholding
6 314
7 200
-
-
total
6 314
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
27 606
23 200
26 647
32 847
After tax
132 394
136 800
133 353
127 153
Living cost
12 437
12 437
12 437
12 437
Free-cash
119 957
124 363
120 916
114 716

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36203
₽26478
₽28864
₽46553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
48 343
total
-
-
-
71 167
Employee
87 995
81 051
142 362
-
pensions
11 120
11 120
11 120
-
income

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

13 267
13 267
20 354
-
health
10 978
10 582
11 704
-
total
35 365
34 969
43 178
-
Employer
87 995
81 051
142 362
-
pensions
6 124
5 641
7 012
-
unemployment
3 168
2 918
3 626
-
health
6 115
5 634
7 001
-
total
15 407
14 193
17 639
-
Corporate
56 598
64 756
-
-
income
11 320
12 952
-
-
total
11 320
12 952
-
-
Dividends
45 278
51 804
-
-
withholding
6 792
7 770
-
-
income
9 622
11 008
-
-
total
16 414
18 778
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 506
80 892
60 817
71 167
After tax
81 494
79 108
99 183
88 833
Living cost
52 630
52 630
52 630
52 630
Free-cash
28 864
26 478
46 553
36 203

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65217
₽86579
₽78167
₽58330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 600
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
-
income
-
-
-
15 670
total
-
-
-
71 202
Employee
34 678
-
120 136
-
social contributions
2 254
-
7 553
-
income
4 161
-
14 455
-
solidarity contribution
-
-
-
-
health
4 682
-
16 218
-
total
11 097
-
38 226
-
Employer
34 678
-
120 136
-
social contributions
8 669
-
29 051
-
health
3 121
-
10 812
-
total
11 790
-
39 863
-
Corporate
113 532
160 000
-
-
income
21 571
30 400
-
-
total
21 571
30 400
-
-
Dividends
91 961
129 600
-
-
withholding
13 794
19 440
-
-
total
13 794
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 252
49 840
78 089
71 202
After tax
101 748
110 160
81 911
88 798
Living cost
23 581
23 581
23 581
23 581
Free-cash
78 167
86 579
58 330
65 217

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36839
₽45318
₽40364
₽29612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
951
regional
-
-
-
1 881
social contributions
-
-
-
41 152
national
-
-
-
39 128
total
-
-
-
83 112
Employee
84 352
-
160 000
-
social contributions
28 443
-
53 953
-
municipal
447
-
848
-
regional
796
-
1 659
-
national
14 616
-
33 879
-
total
44 302
-
90 339
-
Employer
84 352
-
160 000
-
total
-
-
-
-
Corporate
75 648
160 000
-
-
nationa
18 155
38 400
-
-
municipal
2 950
6 239
-
-
total
21 105
44 639
-
-
Dividends
54 543
115 361
-
-
withholding
14 180
29 994
-
-
total
14 180
29 994
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 587
74 633
90 339
83 112
After tax
80 413
85 367
69 661
76 888
Living cost
40 049
40 049
40 049
40 049
Free-cash
40 364
45 318
29 612
36 839

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54866
₽79696
₽76742
₽48997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
6 520
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
43 126
total
-
-
-
84 190
Employee
31 387
-
133 336
-
surtax
103
-
5 448
-
pensions
2 093
-
8 449
-
other
-
-
-
-
unemployment
2 185
-
8 817
-
income
5 261
-
37 451
-
health
802
-
3 229
-
total
10 444
-
63 394
-
Employer
31 387
-
133 336
-
pensions
4 184
-
16 886
-
other
-
-
-
-
unemployment
994
-
4 015
-
health
1 428
-
5 764
-
total
6 606
-
26 665
-
Corporate
122 007
160 000
-
-
income
31 721
41 601
-
-
total
31 721
41 601
-
-
Dividends
90 285
118 399
-
-
withholding
13 543
17 759
-
-
total
13 543
17 759
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 314
59 360
90 059
84 190
After tax
97 686
100 640
69 941
75 810
Living cost
20 944
20 944
20 944
20 944
Free-cash
76 742
79 696
48 997
54 866

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63624
₽62431
₽68629
₽49116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 337
income
-
-
-
45 166
total
-
-
-
53 503
Employee
59 505
-
139 816
-
pensions
5 051
-
10 292
-
income
10 717
-
35 491
-
health
864
-
2 048
-
total
16 632
-
47 831
-
Employer
59 505
-
139 816
-
pensions
6 441
-
17 524
-
health
1 130
-
2 656
-
total
7 571
-
20 180
-
Corporate
92 924
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.

17 656
30 401
-
-
total
17 656
30 401
-
-
Dividends
75 267
129 599
-
-
withholding
6 639
24 295
-
-
total
6 639
24 295
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 498
54 696
68 011
53 503
After tax
111 502
105 304
91 989
106 497
Living cost
42 873
42 873
42 873
42 873
Free-cash
68 629
62 431
49 116
63 624

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54523
-₽2693
₽29763
₽46762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
7 491
city
-
-
-
1 687
pensions
-
-
-
14 721
health
-
-
-
360
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.

-
-
-
3 199
national
-
-
-
2 163
total
-
-
-
29 621
Employee
88 772
-
143 208
-
regional
2 907
-
6 496
-
national
420
-
1 779
-
pensions
7 458
-
12 031
-
unemployment
-
-
-
-
city
953
-
1 539
-
health
201
-
321
-
total
11 939
-
22 166
-
Employer
88 772
-
143 208
-
pensions
7 458
-
12 031
-
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.

1 775
-
2 864
-
unemployment
-
-
-
-
health
201
-
321
-
total
9 434
-
15 216
-
Corporate
60 819
160 000
-
-
regional
12 863
33 840
-
-
national
5 169
13 601
-
-
total
18 032
47 441
-
-
Dividends
42 788
112 560
-
-
withholding
14 976
39 396
-
-
total
14 976
39 396
-
-
Income
160 000
160 000
160 000
160 000
Total tax
54 381
86 837
37 382
29 621
After tax
105 619
73 163
122 618
130 379
Living cost
75 856
75 856
75 856
75 856
Free-cash
29 763
-2 693
46 762
54 523

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38827
₽35583
₽50974
₽58699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 872
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.

-
-
-
6 484
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.

-
-
-
2 676
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.

-
-
-
48 661
total
-
-
-
77 693
Employee

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

57 040
-
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.

369
-
2 676
-
income

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

6 707
-
48 661
-
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.

6 484
-
6 484
-
total
13 560
-
57 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 960
160 000
-
-
trade
17 658
27 440
-
-
income
15 445
24 000
-
-
chamber of commerce
288
369
-
-
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.

850
1 320
-
-
total
34 241
53 129
-
-
Dividends
68 719
106 870
-
-
withholding
16 819
26 358
-
-
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.

926
1 450
-
-
total
17 745
27 808
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 546
80 937
57 821
77 693
After tax
94 454
79 063
102 179
82 307
Living cost
43 480
43 480
43 480
43 480
Free-cash
50 974
35 583
58 699
38 827

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
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.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57808
₽48169
₽53777
₽56249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 215
health
-
-
-
6 542
surtax
-
-
-
-
other
-
-
-
4 960
social contributions
-
-
-
4 559
income
-
-
-
24 444
total
-
-
-
69 720
Employee
40 621
-
124 383
-
social contributions
1 158
-
3 543
-
surtax
-
-
-
-
pensions
4 593
-
8 418
-
income
2 397
-
23 700
-
total
8 148
-
35 661
-
Employer
40 621
-
124 383
-
pensions
6 673
-
14 215
-
social contributions
122
-
373
-
other
1 401
-
4 754
-
unemployment
1 644
-
5 038
-
health
2 844
-
11 238
-
total
12 684
-
35 618
-
Corporate
106 694
160 000
-
-
income
29 874
44 799
-
-
surtax
-
-
-
-
total
29 874
44 799
-
-
Dividends
76 820
115 201
-
-
withholding
9 832
14 746
-
-
surtax
-
-
-
-
social contributions
13 213
19 814
-
-
total
23 045
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 751
79 359
71 279
69 720
After tax
86 249
80 641
88 721
90 280
Living cost
32 472
32 472
32 472
32 472
Free-cash
53 777
48 169
56 249
57 808

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61025
₽51386
₽56658
₽59466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 215
health
-
-
-
6 542
surtax
-
-
-
-
other
-
-
-
4 960
social contributions
-
-
-
4 559
income
-
-
-
24 444
total
-
-
-
69 720
Employee
36 260
-
124 383
-
social contributions
1 034
-
3 543
-
surtax
-
-
-
-
pensions
4 101
-
8 418
-
income
1 870
-
23 700
-
total
7 005
-
35 661
-
Employer
36 260
-
124 383
-
pensions
5 958
-
14 215
-
social contributions
108
-
373
-
other
1 252
-
4 754
-
unemployment
1 468
-
5 038
-
health
2 538
-
11 238
-
total
11 324
-
35 618
-
Corporate
112 417
160 000
-
-
income
31 477
44 799
-
-
surtax
-
-
-
-
total
31 477
44 799
-
-
Dividends
80 940
115 201
-
-
withholding
10 360
14 746
-
-
surtax
-
-
-
-
social contributions
13 921
19 814
-
-
total
24 281
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
74 087
79 359
71 279
69 720
After tax
85 913
80 641
88 721
90 280
Living cost
29 255
29 255
29 255
29 255
Free-cash
56 658
51 386
59 466
61 025

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82625
₽77487
₽77980
₽79536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 169
social contributions
-
-
-
22 080
income
-
-
-
24 000
total
-
-
-
57 249
Employee
32 181
-
160 000
-
social contributions
4 442
-
22 080
-
income
5 367
-
27 089
-
health
2 246
-
11 169
-
total
12 055
-
60 338
-
Employer
32 181
-
160 000
-
total
-
-
-
-
Corporate
127 819
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%.

6 390
8 001
-
-
total
6 390
8 001
-
-
Dividends
121 429
151 999
-
-
withholding
18 215
22 800
-
-
social contributions
16 758
20 976
-
-
health
8 476
10 610
-
-
total
43 449
54 386
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 894
62 387
60 338
57 249
After tax
98 106
97 613
99 662
102 751
Living cost
20 126
20 126
20 126
20 126
Free-cash
77 980
77 487
79 536
82 625

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48657
₽55153
₽53684
₽8984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
42 258
chamber of commerce
-
-
-
639
total
-
-
-
77 900
Employee
47 433
37 824
126 746
-
pensions
4 858
3 872
11 354
-
other
474
378
1 109
-
unemployment
1 423
1 135
3 327
-
income
5 400
2 790
33 452
-
health
1 835
1 464
4 290
-
total
13 990
9 639
53 532
-
Employer
47 433
37 824
126 746
-
payroll
1 423
1 135
3 802
-
chamber of commerce
189
151
506
-
pensions
5 953
4 748
13 916
-
surtax
187
187
187
-
other
2 253
1 796
5 884
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
health
1 792
1 430
4 191
-
total
13 836
11 074
33 254
-
Corporate
98 731
111 103
123 144
-
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.

24 683
27 775
30 787
-
total
24 683
27 775
30 787
-
Dividends
74 049
83 328
-
-
withholding
20 364
22 916
-
-
total
20 364
22 916
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 873
71 404
117 573
77 900
After tax
87 127
88 596
42 427
82 100
Living cost
33 443
33 443
33 443
33 443
Free-cash
53 684
55 153
8 984
48 657

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34713
₽54892
₽40654
₽22125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 663
communal

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

-
-
-
8 181
national
-
-
-
58 837
total
-
-
-
90 681
Employee

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

67 891
-
123 925
-
national
20 872
-
44 533
-
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.

5 092
-
9 294
-
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.

591
-
1 079
-
communal

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

3 541
-
6 464
-
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.

3 190
-
5 825
-
total
33 286
-
67 195
-
Employer

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

67 891
-
123 925
-
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.

6 016
-
10 980
-
surtax
7 698
-
14 052
-
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.

991
-
1 810
-
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.

883
-
1 610
-
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.

4 175
-
7 622
-
total
19 763
-
36 074
-
Corporate
72 347
160 000
-
-
income
14 470
32 001
-
-
surtax
290
639
-
-
total
14 760
32 640
-
-
Dividends
57 587
127 360
-
-
withholding

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

16 931
37 862
-
-
total
16 931
37 862
-
-
Income
160 000
160 000
160 000
160 000
Total tax
84 740
70 502
103 269
90 681
After tax
75 260
89 498
56 731
69 319
Living cost
34 606
34 606
34 606
34 606
Free-cash
40 654
54 892
22 125
34 713

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55596
₽72460
₽65819
₽51613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
43 736
total
-
-
-
70 127
Employee
47 245
-
131 955
-
pensions
2 221
-
4 135
-
other
47
-
88
-
unemployment
733
-
1 363
-
income
9 968
-
40 478
-
total
12 969
-
46 064
-
Employer
47 245
-
131 955
-
pensions
11 149
-
20 762
-
other
376
-
704
-
unemployment
2 599
-
4 838
-
accident
935
-
1 742
-
total
15 059
-
28 046
-
Corporate
97 696
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.

14 654
24 000
-
-
total
14 654
24 000
-
-
Dividends
83 042
136 000
-
-
withholding
17 222
29 263
-
-
total
17 222
29 263
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 904
53 263
74 110
70 127
After tax
100 096
106 737
85 890
89 873
Living cost
34 277
34 277
34 277
34 277
Free-cash
65 819
72 460
51 613
55 596

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28330
₽42474
₽30666
₽34709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 982
health
-
-
-
11 241
surtax
-
-
-
7 932
accident
-
-
-
1 349
communal
-
-
-
10 112
income
-
-
-
25 475
total
-
-
-
80 091
Employee
71 876
-
142 922
-
surtax
4 406
-
8 759
-
pensions
5 749
-
11 434
-
income
6 942
-
30 080
-
health
3 199
-
6 360
-
total
20 296
-
56 633
-
Employer
71 876
-
142 922
-
pensions
5 749
-
11 434
-
accident
647
-
1 286
-
health
2 192
-
4 359
-
total
8 588
-
17 079
-
Corporate
79 536
160 000
-
-
communal
5 369
10 800
-
-
income
11 931
24 000
-
-
surtax
836
1 680
-
-
total
18 136
36 480
-
-
Dividends
61 401
123 520
-
-
withholding
9 211
18 528
-
-
income
21 524
10 939
-
-
total
30 735
29 467
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 755
65 947
73 712
80 091
After tax
82 245
94 053
86 288
79 909
Living cost
51 579
51 579
51 579
51 579
Free-cash
30 666
42 474
34 709
28 330

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54492
₽79322
₽76304
₽48623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
6 520
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
43 126
total
-
-
-
84 190
Employee
31 963
-
133 336
-
surtax
113
-
5 448
-
pensions
2 133
-
8 449
-
other
-
-
-
-
unemployment
2 224
-
8 817
-
income
5 358
-
37 451
-
health
816
-
3 229
-
total
10 644
-
63 394
-
Employer
31 963
-
133 336
-
pensions
4 261
-
16 886
-
other
-
-
-
-
unemployment
1 014
-
4 015
-
health
1 454
-
5 764
-
total
6 729
-
26 665
-
Corporate
121 308
160 000
-
-
income
31 540
41 601
-
-
total
31 540
41 601
-
-
Dividends
89 769
118 399
-
-
withholding
13 465
17 759
-
-
total
13 465
17 759
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 378
59 360
90 059
84 190
After tax
97 622
100 640
69 941
75 810
Living cost
21 318
21 318
21 318
21 318
Free-cash
76 304
79 322
48 623
54 492

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50789
₽58532
₽56425
₽43600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
951
regional
-
-
-
2 413
social contributions
-
-
-
41 152
national
-
-
-
39 128
total
-
-
-
83 644
Employee
52 649
-
160 000
-
social contributions
17 754
-
53 953
-
municipal
279
-
848
-
regional
709
-
2 153
-
national
8 341
-
33 879
-
total
27 083
-
90 833
-
Employer
52 649
-
160 000
-
total
-
-
-
-
Corporate
107 351
160 000
-
-
nationa
25 765
38 400
-
-
municipal
5 335
7 952
-
-
total
31 100
46 352
-
-
Dividends
76 251
113 648
-
-
withholding
19 825
29 549
-
-
total
19 825
29 549
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 008
75 901
90 833
83 644
After tax
81 992
84 099
69 167
76 356
Living cost
25 567
25 567
25 567
25 567
Free-cash
56 425
58 532
43 600
50 789

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59740
₽81102
₽70735
₽52853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 600
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
-
income
-
-
-
15 670
total
-
-
-
71 202
Employee
42 732
-
120 136
-
social contributions
2 778
-
7 553
-
income
5 128
-
14 455
-
solidarity contribution
-
-
-
-
health
5 769
-
16 218
-
total
13 675
-
38 226
-
Employer
42 732
-
120 136
-
social contributions
10 683
-
29 051
-
health
3 846
-
10 812
-
total
14 529
-
39 863
-
Corporate
102 739
160 000
-
-
income
19 520
30 400
-
-
total
19 520
30 400
-
-
Dividends
83 219
129 600
-
-
withholding
12 483
19 440
-
-
total
12 483
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 207
49 840
78 089
71 202
After tax
99 793
110 160
81 911
88 798
Living cost
29 058
29 058
29 058
29 058
Free-cash
70 735
81 102
52 853
59 740

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52007
₽58418
₽57947
₽12204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
42 258
chamber of commerce
-
-
-
639
total
-
-
-
77 713
Employee
41 489
37 824
126 919
-
pensions
4 249
3 872
11 354
-
other
414
378
1 109
-
unemployment
1 245
1 135
3 327
-
income
3 696
2 790
33 524
-
health
1 605
1 464
4 290
-
total
11 209
9 639
53 604
-
Employer
41 489
37 824
126 919
-
payroll
1 245
1 135
3 808
-
chamber of commerce
166
151
508
-
pensions
5 207
4 748
13 916
-
surtax
-
-
-
-
other
1 970
1 796
5 891
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
health
1 569
1 430
4 191
-
total
11 941
10 887
33 082
-
Corporate
106 572
111 290
123 316
-
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.

26 642
27 822
30 830
-
total
26 642
27 822
30 830
-
Dividends
79 929
83 468
-
-
withholding
21 981
22 954
-
-
total
21 981
22 954
-
-
Income
160 000
160 000
160 000
160 000
Total tax
71 773
71 302
117 516
77 713
After tax
88 227
88 698
42 484
82 287
Living cost
30 280
30 280
30 280
30 280
Free-cash
57 947
58 418
12 204
52 007

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146300
₽139900
₽137631
₽115900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 125
-
160 000
-
income
3 025
-
32 000
-
total
3 025
-
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%.

144 875
160 000
-
-
total
-
-
-
-
Dividends
144 875
160 000
-
-
withholding
7 244
8 000
-
-
total
7 244
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
10 269
8 000
32 000
1 600
After tax
149 731
152 000
128 000
158 400
Living cost
12 100
12 100
12 100
12 100
Free-cash
137 631
139 900
115 900
146 300

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53052
₽84704
₽76764
₽48813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 220
health
-
-
-
15 744
unemployment
-
-
-
240
income
-
-
-
36 287
total
-
-
-
81 491
Employee

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

41 970
-
138 444
-
pensions
6 506
-
21 459
-
unemployment
59
-
195
-
income
7 238
-
33 576
-
health
2 711
-
8 944
-
total
16 514
-
64 174
-
Employer

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

41 970
-
138 444
-
pensions
3 714
-
12 253
-
unemployment
25
-
83
-
health
2 795
-
9 220
-
total
6 534
-
21 556
-
Corporate
111 495
160 000
-
-
income
21 185
30 399
-
-
total
21 185
30 399
-
-
Dividends
90 310
129 601
-
-
withholding
13 546
19 440
-
-
total
13 546
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 779
49 839
85 730
81 491
After tax
102 221
110 161
74 270
78 509
Living cost
25 457
25 457
25 457
25 457
Free-cash
76 764
84 704
48 813
53 052

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69135
₽55906
₽10225
₽105928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 240
income
-
-
-
31 187
total
-
-
-
49 427
Employee
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
16 805
160 000
-
-
income
3 697
35 200
-
-
total
3 697
35 200
-
-
Dividends
13 108
124 800
-
-
income
2 884
27 456
-
-
total
2 884
27 456
-
-
Income
160 000
160 000
160 000
160 000
Total tax
108 337
62 656
12 634
49 427
After tax
51 663
97 344
147 366
110 573
Living cost
41 438
41 438
41 438
41 438
Free-cash
10 225
55 906
105 928
69 135

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56219
₽61237
₽60280
₽44246
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
55 601
income
-
-
-
18 409
total
-
-
-
74 010
Employee
43 652
-
129 293
-
social contributions
4 802
-
14 222
-
surtax
-
-
-
-
income
9 080
-
41 054
-
total
13 882
-
55 276
-
Employer
43 652
-
129 293
-
social contributions
10 367
-
30 707
-
total
10 367
-
30 707
-
Corporate
105 981
160 000
-
-
income
22 257
33 600
-
-
surtax
-
-
-
-
total
22 257
33 600
-
-
Dividends
83 724
126 400
-
-
withholding
23 443
35 392
-
-
total
23 443
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 949
68 992
85 983
74 010
After tax
90 051
91 008
74 017
85 990
Living cost
29 771
29 771
29 771
29 771
Free-cash
60 280
61 237
44 246
56 219

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44439
₽34800
₽41323
₽42880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 215
health
-
-
-
6 542
surtax
-
-
-
-
other
-
-
-
4 960
social contributions
-
-
-
4 559
income
-
-
-
24 444
total
-
-
-
69 720
Employee
59 445
-
124 383
-
social contributions
1 693
-
3 543
-
surtax
-
-
-
-
pensions
6 724
-
8 418
-
income
5 187
-
23 700
-
total
13 604
-
35 661
-
Employer
59 445
-
124 383
-
pensions
9 768
-
14 215
-
social contributions
178
-
373
-
other
2 051
-
4 754
-
unemployment
2 408
-
5 038
-
health
4 161
-
11 238
-
total
18 566
-
35 618
-
Corporate
81 989
160 000
-
-
income
22 957
44 799
-
-
surtax
-
-
-
-
total
22 957
44 799
-
-
Dividends
59 032
115 201
-
-
withholding
7 556
14 746
-
-
surtax
-
-
-
-
social contributions
10 153
19 814
-
-
total
17 709
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 836
79 359
71 279
69 720
After tax
87 164
80 641
88 721
90 280
Living cost
45 841
45 841
45 841
45 841
Free-cash
41 323
34 800
42 880
44 439

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89555
₽115471
₽112281
₽93807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 199
income
-
-
-
6 716
total
-
-
-
41 915
Employee
30 513
-
138 527
-
social contributions
1 983
-
9 004
-
income
-
-
7 188
-
total
1 983
-
16 192
-
Employer
30 513
-
138 527
-
social contributions
4 730
-
21 471
-
total
4 730
-
21 471
-
Corporate
124 757
160 000
-
-
income
12 476
15 999
-
-
total
12 476
15 999
-
-
Dividends
112 281
144 001
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
19 189
15 999
37 663
41 915
After tax
140 811
144 001
122 337
118 085
Living cost
28 530
28 530
28 530
28 530
Free-cash
112 281
115 471
93 807
89 555

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49114
-₽46541
-₽46541
-₽46541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 121
pensions
-
-
-
822
labour market
-
-
-
12 734
national
-
-
-
18 555
total
-
-
-
65 232
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
160 887
160 887
160 887
65 232
After tax
-887
-887
-887
94 768
Living cost
45 654
45 654
45 654
45 654
Free-cash
-46 541
-46 541
-46 541
49 114

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88523
-₽7929
₽9756
₽65676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
43 876
total
-
-
-
50 588
Employee
32 860
-
143 471
-
pensions
3 700
-
7 353
-
income
4 508
-
33 125
-
health
3 763
-
16 428
-
total
11 971
-
56 906
-
Employer
32 860
-
143 471
-
pensions
5 343
-
10 618
-
unemployment
805
-
3 515
-
accident
549
-
2 396
-
total
6 697
-
16 529
-
Corporate
120 443
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.

108 399
144 000
-
-
total
108 399
144 000
-
-
Dividends
12 044
16 000
-
-
withholding
2 288
3 040
-
-
total
2 288
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 355
147 040
73 435
50 588
After tax
30 645
12 960
86 565
109 412
Living cost
20 889
20 889
20 889
20 889
Free-cash
9 756
-7 929
65 676
88 523

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67805
₽64266
₽66480
₽47952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
28 427
health
-
-
-
2 068
national
-
-
-
25 261
total
-
-
-
55 756
Employee
49 935
-
134 600
-
municipal
8 179
-
21 927
-
national
825
-
15 502
-
pensions
3 370
-
9 085
-
unemployment
749
-
2 019
-
health
373
-
1 677
-
total
13 496
-
50 210
-
Employer
49 935
-
134 600
-
pensions
8 663
-
23 353
-
unemployment
324
-
875
-
accident
50
-
135
-
health
384
-
1 036
-
total
9 421
-
25 399
-
Corporate
100 643
160 000
-
-
income
20 129
32 001
-
-
total
20 129
32 001
-
-
Dividends

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

60 385
96 000
-
-
municipal
10 870
17 280
-
-
national
3 165
10 014
-
-
total
14 035
27 294
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 081
59 295
75 609
55 756
After tax
102 919
100 705
84 391
104 244
Living cost
36 439
36 439
36 439
36 439
Free-cash
66 480
64 266
47 952
67 805

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87745
₽94770
₽89604
₽86318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 080
social contributions
-
-
-
15 356
income
-
-
-
30 844
total
-
-
-
50 280
Employee
72 983
72 983
149 073
-
social contributions
2 759
6 057
8 170
-
income
7 947
6 756
30 075
-
health
566
1 241
2 534
-
total
11 272
14 054
40 779
-
Employer
72 983
72 983
149 073
-
social contributions
2 759
6 057
8 170
-
health
614
1 351
2 758
-
total
3 373
7 408
10 928
-
Corporate
123 380
79 609
-
-
income
15 423
9 951
-
-
total
15 423
9 951
-
-
Dividends
107 957
69 658
-
-
withholding
18 353
11 842
-
-
total
18 353
11 842
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 421
43 255
51 707
50 280
After tax
111 579
116 745
108 293
109 720
Living cost
21 975
21 975
21 975
21 975
Free-cash
89 604
94 770
86 318
87 745

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119213
₽117428
₽112598
₽100176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
16 219
total
-
-
-
25 718
Employee

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

21 785
-
150 724
-
pensions
3 267
-
13 508
-
unemployment
108
-
450
-
income
1 490
-
13 867
-
health
1 852
-
7 655
-
total
6 717
-
35 480
-
Employer

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

21 785
-
150 724
-
pensions
1 198
-
4 953
-
unemployment
108
-
450
-
health
937
-
3 872
-
total
2 243
-
9 275
-
Corporate
135 972
160 000
-
-
income
12 237
14 400
-
-
total
12 237
14 400
-
-
Dividends
123 735
145 600
-
-
withholding
11 136
13 103
-
-
total
11 136
13 103
-
-
Income
160 000
160 000
160 000
160 000
Total tax
32 333
27 503
44 755
25 718
After tax
127 667
132 497
115 245
134 282
Living cost
15 069
15 069
15 069
15 069
Free-cash
112 598
117 428
100 176
119 213

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63773
₽80637
₽76446
₽59790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
43 736
total
-
-
-
70 127
Employee
35 094
-
131 955
-
pensions
1 650
-
4 135
-
other
34
-
88
-
unemployment
544
-
1 363
-
income
6 766
-
40 478
-
total
8 994
-
46 064
-
Employer
35 094
-
131 955
-
pensions
8 282
-
20 762
-
other
281
-
704
-
unemployment
1 931
-
4 838
-
accident
695
-
1 742
-
total
11 189
-
28 046
-
Corporate
113 717
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.

17 057
24 000
-
-
total
17 057
24 000
-
-
Dividends
96 660
136 000
-
-
withholding
20 214
29 263
-
-
total
20 214
29 263
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 454
53 263
74 110
70 127
After tax
102 546
106 737
85 890
89 873
Living cost
26 100
26 100
26 100
26 100
Free-cash
76 446
80 637
59 790
63 773

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101065
₽97991
₽97686
₽100934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
54 759
total
-
-
-
57 086
Employee
2 817
-
158 482
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
54 688
-
health
141
-
337
-
total
968
-
55 699
-
Employer
2 817
-
158 482
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
156 549
160 000
-
-
income
34 441
35 200
-
-
total
34 441
35 200
-
-
Dividends
122 108
124 800
-
-
withholding
24 422
24 960
-
-
total
24 422
24 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 465
60 160
57 217
57 086
After tax
99 535
99 840
102 783
102 914
Living cost
1 849
1 849
1 849
1 849
Free-cash
97 686
97 991
100 934
101 065

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81058
₽99196
₽94528
₽81060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 227
health
-
-
-
7 221
unemployment
-
-
-
1 052
income
-
-
-
36 038
total
-
-
-
62 538
Employee

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

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

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

24 737
-
147 452
-
pensions
3 463
-
9 814
-
unemployment
186
-
526
-
income
3 410
-
36 038
-
health
1 274
-
3 610
-
total
8 333
-
49 988
-
Employer

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

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

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

24 737
-
147 452
-
pensions
2 968
-
8 412
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
4 428
-
12 548
-
Corporate
130 835
160 000
-
-
income
19 625
24 000
-
-
total
19 625
24 000
-
-
Dividends
111 210
136 000
-
-
withholding
16 682
20 400
-
-
total
16 682
20 400
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 068
44 400
62 536
62 538
After tax
110 932
115 600
97 464
97 462
Living cost
16 404
16 404
16 404
16 404
Free-cash
94 528
99 196
81 060
81 058

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60402
₽65420
₽65078
₽48429
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
55 601
income
-
-
-
18 409
total
-
-
-
74 010
Employee
36 837
-
129 293
-
social contributions
4 053
-
14 222
-
surtax
-
-
-
-
income
7 198
-
41 054
-
total
11 251
-
55 276
-
Employer
36 837
-
129 293
-
social contributions
8 748
-
30 707
-
total
8 748
-
30 707
-
Corporate
114 415
160 000
-
-
income
24 027
33 600
-
-
surtax
-
-
-
-
total
24 027
33 600
-
-
Dividends
90 388
126 400
-
-
withholding
25 308
35 392
-
-
total
25 308
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 334
68 992
85 983
74 010
After tax
90 666
91 008
74 017
85 990
Living cost
25 588
25 588
25 588
25 588
Free-cash
65 078
65 420
48 429
60 402

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56517
₽73381
₽67061
₽52534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
43 736
total
-
-
-
70 127
Employee
45 838
-
131 955
-
pensions
2 154
-
4 135
-
other
45
-
88
-
unemployment
710
-
1 363
-
income
9 574
-
40 478
-
total
12 483
-
46 064
-
Employer
45 838
-
131 955
-
pensions
10 818
-
20 762
-
other
367
-
704
-
unemployment
2 522
-
4 838
-
accident
908
-
1 742
-
total
14 615
-
28 046
-
Corporate
99 548
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.

14 931
24 000
-
-
total
14 931
24 000
-
-
Dividends
84 616
136 000
-
-
withholding
17 554
29 263
-
-
total
17 554
29 263
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 583
53 263
74 110
70 127
After tax
100 417
106 737
85 890
89 873
Living cost
33 356
33 356
33 356
33 356
Free-cash
67 061
73 381
52 534
56 517

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110835
₽120482
₽114701
₽117035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
24 000
total
-
-
-
32 847
Employee
21 607
-
153 499
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
15 350
-
health
994
-
1 524
-
total
5 289
-
20 147
-
Employer
21 607
-
153 499
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
134 153
160 000
-
-
income
13 416
16 000
-
-
total
13 416
16 000
-
-
Dividends
120 738
144 000
-
-
withholding
6 037
7 200
-
-
total
6 037
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
28 981
23 200
26 647
32 847
After tax
131 019
136 800
133 353
127 153
Living cost
16 318
16 318
16 318
16 318
Free-cash
114 701
120 482
117 035
110 835

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48908
₽45713
₽58128
₽65536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 628
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.

-
-
-
6 484
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.

-
-
-
2 676
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.

-
-
-
48 661
total
-
-
-
74 449
Employee

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

47 224
-
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.

214
-
2 676
-
income

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

3 883
-
48 661
-
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.

6 484
-
6 484
-
total
10 581
-
57 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 776
160 000
-
-
trade
16 183
22 961
-
-
income
16 916
24 000
-
-
chamber of commerce
310
378
-
-
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.

931
1 320
-
-
total
34 340
48 659
-
-
Dividends
78 435
111 341
-
-
withholding
19 249
27 474
-
-
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.

1 059
1 511
-
-
total
20 308
28 985
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 229
77 644
57 821
74 449
After tax
94 771
82 356
102 179
85 551
Living cost
36 643
36 643
36 643
36 643
Free-cash
58 128
45 713
65 536
48 908

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31094
₽57934
₽60030
₽31094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 528
income
-
-
-
48 312
total
-
-
-
74 840
Employee
74 242
-
160 000
-
social contributions
6 168
-
26 528
-
income
14 009
-
48 312
-
total
20 177
-
74 840
-
Employer
74 242
-
160 000
-
total
-
-
-
-
Corporate
85 758
160 000
-
-
income
10 720
20 000
-
-
total
10 720
20 000
-
-
Dividends
75 038
140 000
-
-
withholding
15 007
28 000
-
-
total
15 007
28 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
45 904
48 000
74 840
74 840
After tax
114 096
112 000
85 160
85 160
Living cost
54 066
54 066
54 066
54 066
Free-cash
60 030
57 934
31 094
31 094

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92702
₽64532
₽67851
₽79748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 828
income
-
-
-
27 017
total
-
-
-
32 845
Employee
43 540
-
155 634
-
social contributions
4 362
-
4 366
-
income
4 724
-
37 067
-
total
9 086
-
41 433
-
Employer
43 540
-
155 634
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
112 098
160 000
-
-
income
39 234
56 001
-
-
total
39 234
56 001
-
-
Dividends
72 864
103 999
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 696
61 015
45 799
32 845
After tax
102 304
98 985
114 201
127 155
Living cost
34 453
34 453
34 453
34 453
Free-cash
67 851
64 532
79 748
92 702

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71643
₽70450
₽76006
₽57135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 337
income
-
-
-
45 166
total
-
-
-
53 503
Employee
47 843
-
139 816
-
pensions
3 652
-
10 292
-
income
8 713
-
35 491
-
health
624
-
2 048
-
total
12 989
-
47 831
-
Employer
47 843
-
139 816
-
pensions
4 834
-
17 524
-
health
909
-
2 656
-
total
5 743
-
20 180
-
Corporate
106 415
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.

20 219
30 401
-
-
total
20 219
30 401
-
-
Dividends
86 196
129 599
-
-
withholding
10 189
24 295
-
-
total
10 189
24 295
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 140
54 696
68 011
53 503
After tax
110 860
105 304
91 989
106 497
Living cost
34 854
34 854
34 854
34 854
Free-cash
76 006
70 450
57 135
71 643

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽86455
-₽9997
₽9439
₽63608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
43 876
total
-
-
-
50 588
Employee
36 113
-
143 471
-
pensions
4 066
-
7 353
-
income
4 954
-
33 125
-
health
4 135
-
16 428
-
total
13 155
-
56 906
-
Employer
36 113
-
143 471
-
pensions
5 872
-
10 618
-
unemployment
885
-
3 515
-
accident
603
-
2 396
-
total
7 360
-
16 529
-
Corporate
116 528
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.

104 875
144 000
-
-
total
104 875
144 000
-
-
Dividends
11 653
16 000
-
-
withholding
2 214
3 040
-
-
total
2 214
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
127 604
147 040
73 435
50 588
After tax
32 396
12 960
86 565
109 412
Living cost
22 957
22 957
22 957
22 957
Free-cash
9 439
-9 997
63 608
86 455

Estimated living cost  is ₽22957 per week

₽16848
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽79201
₽121828
₽117390
₽100057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 911
health insurance
-
-
-
11 225
work injury
-
-
-
758
unemployment
-
-
-
1 820
income
-
-
-
26 273
total
-
-
-
67 987
Employee

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

20 500
-
160 000
-
pensions
3 772
-
13 956
-
health insurance
1 517
-
5 613
-
unemployment
246
-
910
-
income
2 050
-
26 273
-
work injury
102
-
379
-
total
7 687
-
47 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 500
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%.

1 395
1 600
-
-
total
1 395
1 600
-
-
Dividends
138 105
158 400
-
-
withholding
20 716
23 760
-
-
total
20 716
23 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
29 798
25 360
47 131
67 987
After tax
130 202
134 640
112 869
92 013
Living cost
12 812
12 812
12 812
12 812
Free-cash
117 390
121 828
100 057
79 201

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽37182
₽46466
₽42151
₽30159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 070
regional
-
-
-
3 657
social contributions
-
-
-
41 152
national
-
-
-
39 128
total
-
-
-
85 007
Employee
79 979
-
160 000
-
social contributions
26 968
-
53 953
-
municipal
477
-
955
-
regional
1 207
-
3 243
-
national
13 516
-
33 879
-
total
42 168
-
92 030
-
Employer
79 979
-
160 000
-
total
-
-
-
-
Corporate
80 021
160 000
-
-
nationa
19 205
38 400
-
-
municipal
3 856
7 712
-
-
total
23 061
46 112
-
-
Dividends
56 960
113 888
-
-
withholding
14 809
29 611
-
-
total
14 809
29 611
-
-
Income
160 000
160 000
160 000
160 000
Total tax
80 038
75 723
92 030
85 007
After tax
79 962
84 277
67 970
74 993
Living cost
37 811
37 811
37 811
37 811
Free-cash
42 151
46 466
30 159
37 182

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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