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
₽73473
₽52039
₽55204
₽62505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 467
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.

-
-
-
48 710
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.

-
-
-
2 678
trade
-
-
-
18 269
total
-
-
-
76 124
Employee

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

36 206
-
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
-
2 678
-
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.

1 011
-
48 710
-
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.

6 467
-
6 467
-
total
7 534
-
57 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 794
160 000
-
-
chamber of commerce
322
374
-
-
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.

1 022
1 320
-
-
trade
19 498
25 199
-
-
income
18 569
23 999
-
-
total
39 411
50 892
-
-
Dividends
84 384
109 107
-
-
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.

1 141
1 480
-
-
withholding
20 737
26 917
-
-
total
21 878
28 397
-
-
Income
160 000
160 000
160 000
160 000
Total tax
68 823
79 289
57 855
76 124
After tax
91 177
80 711
102 145
83 876
Living cost
28 672
28 672
28 672
28 672
Free-cash
62 505
52 039
73 473
55 204

Estimated living cost  is ₽28672 per week

₽18035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45962
₽49912
₽44707
₽49081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
1 720
pensions
-
-
-
19 200
national
-
-
-
27 013
municipal
-
-
-
17 432
total
-
-
-
65 365
Employee
77 398
-
138 319
-
municipal
9 560
-
18 052
-
national
14 814
-
27 973
-
pensions
3 096
-
5 533
-
total
27 470
-
51 558
-
Employer
77 398
-
138 319
-
pensions
6 192
-
11 065
-
social contributions
832
-
1 487
-
total
7 024
-
12 552
-
Corporate
70 470
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%.

14 094
32 000
-
-
total
14 094
32 000
-
-
Dividends
56 376
128 000
-
-
withholding
12 403
28 160
-
-
total
12 403
28 160
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 991
60 160
64 110
65 365
After tax
99 009
99 840
95 890
94 635
Living cost
49 928
49 928
49 928
49 928
Free-cash
49 081
49 912
45 962
44 707

Estimated living cost  is ₽49928 per week

₽33935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46619
₽108307
₽34940
₽100542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 268
income
-
-
-
28 298
surtax
-
-
-
40 801
microenterprise
-
-
-
-
total
-
-
-
105 367
Employee
27 660
-
119 661
-
surtax
-
-
17 351
-
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.

3 043
-
12 409
-
income
4 924
-
23 589
-
total
7 967
-
53 349
-
Employer
27 660
-
119 661
-
surtax
-
-
13 162
-
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.

6 663
-
27 177
-
total
6 663
-
40 339
-
Corporate
125 677
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%.

25 135
32 000
-
-
total
25 135
32 000
-
-
Dividends

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

100 542
128 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
39 765
32 000
93 688
105 367
After tax
120 235
128 000
66 312
54 633
Living cost
19 693
19 693
19 693
19 693
Free-cash
100 542
108 307
46 619
34 940

Estimated living cost  is ₽19693 per week

₽12564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59577
₽39458
₽49146
₽33661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 673
income
-
-
-
48 435
pensions
-
-
-
11 091
total
-
-
-
71 199
Employee
80 836
80 836
142 408
-
income

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

13 232
13 232
20 413
-
pensions
14 550
11 091
11 091
-
health
12 407
10 554
11 673
-
total
40 189
34 877
43 177
-
Employer
80 836
80 836
142 408
-
unemployment
2 910
2 910
3 616
-
health
5 619
5 619
6 982
-
pensions
5 626
5 626
6 993
-
total
14 155
14 155
17 591
-
Corporate
66 000
65 009
-
-
income
13 200
13 002
-
-
total
13 200
13 002
-
-
Dividends
52 801
52 007
-
-
income
11 220
11 051
-
-
withholding
7 920
7 802
-
-
total
19 140
18 853
-
-
Income
160 000
160 000
160 000
160 000
Total tax
86 684
80 887
60 768
71 199
After tax
73 316
79 113
99 232
88 801
Living cost
39 655
39 655
39 655
39 655
Free-cash
33 661
39 458
59 577
49 146

Estimated living cost  is ₽39655 per week

₽28102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42635
₽47923
₽43593
₽47039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
10 043
health
-
-
-
5 393
accident
-
-
-
173
pensions
-
-
-
9 343
national
-
-
-
11 687
unemployment
-
-
-
86
municipal
-
-
-
40 245
total
-
-
-
76 970
Employee
56 194
-
132 843
-
municipal
16 757
-
39 614
-
national
-
-
11 157
-
total
16 757
-
50 771
-
Employer
56 194
-
132 843
-
other
6 530
-
10 043
-
unemployment
1 483
-
2 282
-
health
3 456
-
5 316
-
accident
112
-
173
-
pensions
6 074
-
9 343
-
total
17 655
-
27 157
-
Corporate
86 150
160 000
-
-
income
18 953
35 200
-
-
total
18 953
35 200
-
-
Dividends
67 197
124 800
-
-
withholding
20 159
37 440
-
-
total
20 159
37 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 524
72 640
77 928
76 970
After tax
86 476
87 360
82 072
83 030
Living cost
39 437
39 437
39 437
39 437
Free-cash
47 039
47 923
42 635
43 593

Estimated living cost  is ₽39437 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64958
₽42698
₽45877
₽55999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 467
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.

-
-
-
48 710
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.

-
-
-
2 678
trade
-
-
-
19 081
total
-
-
-
76 936
Employee

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

48 004
-
160 000
-
surtax

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

226
-
2 678
-
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.

4 124
-
48 710
-
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.

6 467
-
6 467
-
total
10 817
-
57 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 996
160 000
-
-
chamber of commerce
304
372
-
-
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.

923
1 320
-
-
trade
18 423
26 320
-
-
income
16 800
23 999
-
-
total
36 450
52 011
-
-
Dividends
75 546
107 988
-
-
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.

1 019
1 466
-
-
withholding
18 528
26 638
-
-
total
19 547
28 104
-
-
Income
160 000
160 000
160 000
160 000
Total tax
66 814
80 115
57 855
76 936
After tax
93 186
79 885
102 145
83 064
Living cost
37 187
37 187
37 187
37 187
Free-cash
55 999
42 698
64 958
45 877

Estimated living cost  is ₽37187 per week

₽24871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
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.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77570
₽86041
₽78995
₽82113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 316
health
-
-
-
4 080
income
-
-
-
30 906
total
-
-
-
50 302
Employee
72 789
72 789
149 094
-
social contributions
3 537
6 041
8 148
-
income
7 644
6 738
30 139
-
health
724
1 238
2 535
-
total
11 905
14 017
40 822
-
Employer
72 789
72 789
149 094
-
health
789
1 347
2 757
-
social contributions
3 537
6 041
8 148
-
total
4 326
7 388
10 905
-
Corporate
113 067
79 822
-
-
income
14 134
9 977
-
-
total
14 134
9 977
-
-
Dividends
98 933
69 845
-
-
withholding
16 819
11 874
-
-
total
16 819
11 874
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 184
43 256
51 727
50 302
After tax
112 816
116 744
108 273
109 698
Living cost
30 703
30 703
30 703
30 703
Free-cash
82 113
86 041
77 570
78 995

Estimated living cost  is ₽30703 per week

₽20989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75389
₽72531
₽93475
₽72893
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 067
9 976
133 891
-
income
3 064
1 220
16 368
-
pensions
2 507
998
13 389
-
health
1 755
698
9 372
-
unemployment
376
150
2 008
-
total
7 702
3 066
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.

25 067
9 976
133 891
-
pensions
4 888
1 945
26 109
-
total
4 888
1 945
26 109
-
Corporate
130 045
148 078
-
-
income
11 704
13 327
-
-
total
11 704
13 327
-
-
Dividends
118 341
134 751
-
-
social contributions
22 963
26 163
-
-
withholding
22 485
25 603
-
-
total
45 448
51 766
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 742
70 104
67 246
49 160
After tax
90 258
89 896
92 754
110 840
Living cost
17 365
17 365
17 365
17 365
Free-cash
72 893
72 531
75 389
93 475

Estimated living cost  is ₽17365 per week

₽11850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69358
₽105136
₽62896
₽99257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 800
income
-
-
-
21 440
pensions
-
-
-
32 000
total
-
-
-
74 240
Employee
26 854
-
119 580
-
income
3 023
-
23 054
-
pensions
537
-
2 391
-
unemployment
429
-
1 913
-
total
3 989
-
27 358
-
Employer
26 854
-
119 580
-
unemployment
216
-
957
-
health
3 490
-
15 546
-
pensions
5 371
-
23 917
-
total
9 077
-
40 420
-
Corporate
124 069
160 000
-
-
income
24 813
32 000
-
-
total
24 813
32 000
-
-
Dividends
99 256
128 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
37 879
32 000
67 778
74 240
After tax
122 121
128 000
92 222
85 760
Living cost
22 864
22 864
22 864
22 864
Free-cash
99 257
105 136
69 358
62 896

Estimated living cost  is ₽22864 per week

₽15682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65621
-₽8041
₽88404
₽9740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
43 946
pensions
-
-
-
3 972
total
-
-
-
50 595
Employee
33 035
-
143 568
-
income
4 532
-
33 224
-
pensions
3 720
-
7 283
-
health
3 782
-
16 439
-
total
12 034
-
56 946
-
Employer
33 035
-
143 568
-
unemployment
809
-
3 517
-
accident
551
-
2 398
-
pensions
5 372
-
10 517
-
total
6 732
-
16 432
-
Corporate
120 233
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.

108 209
144 000
-
-
total
108 209
144 000
-
-
Dividends
12 023
16 000
-
-
withholding
2 285
3 040
-
-
total
2 285
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 260
147 040
73 378
50 595
After tax
30 740
12 960
86 622
109 405
Living cost
21 000
21 000
21 000
21 000
Free-cash
9 740
-8 041
65 621
88 404

Estimated living cost  is ₽21000 per week

₽15392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
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.
₽4008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120242
₽144242
₽150642
₽142788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 698
-
160 000
-
income
1 939
-
32 000
-
total
1 939
-
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%.

150 302
160 000
-
-
total
-
-
-
-
Dividends
150 302
160 000
-
-
withholding
7 515
8 000
-
-
total
7 515
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
9 454
8 000
32 000
1 600
After tax
150 546
152 000
128 000
158 400
Living cost
7 758
7 758
7 758
7 758
Free-cash
142 788
144 242
120 242
150 642

Estimated living cost  is ₽7758 per week

₽4808
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.
₽2092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65621
₽92329
₽62994
₽85937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
6 837
health
-
-
-
6 334
income
-
-
-
24 064
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.

-
-
-
34 548
total
-
-
-
71 783
Employee
34 370
-
127 797
-
income
5 917
-
24 941
-
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.

2 405
-
8 946
-
health
481
-
1 789
-
unemployment
343
-
1 277
-
total
9 146
-
36 953
-
Employer
34 370
-
127 797
-
other
1 719
-
6 390
-
unemployment
343
-
1 277
-
health
481
-
1 789
-
accident
275
-
1 022
-
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.

5 844
-
21 725
-
total
8 662
-
32 203
-
Corporate
116 968
160 000
-
-
income
24 563
33 601
-
-
total
24 563
33 601
-
-
Dividends
92 404
126 399
-
-
withholding
6 469
8 847
-
-
total
6 469
8 847
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 840
42 448
69 156
71 783
After tax
111 160
117 552
90 844
88 217
Living cost
25 223
25 223
25 223
25 223
Free-cash
85 937
92 329
65 621
62 994

Estimated living cost  is ₽25223 per week

₽17822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28997
₽42345
₽43514
₽43893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
45 086
pensions
-
-
-
8 360
total
-
-
-
53 446
Employee
89 192
-
139 824
-
income
16 078
-
35 411
-
health
1 470
-
2 051
-
pensions
8 605
-
10 326
-
total
26 153
-
47 788
-
Employer
89 192
-
139 824
-
health
1 694
-
2 657
-
pensions
10 531
-
17 518
-
total
12 225
-
20 175
-
Corporate
58 583
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.

11 131
30 399
-
-
total
11 131
30 399
-
-
Dividends
47 452
129 601
-
-
withholding
3 558
24 216
-
-
total
3 558
24 216
-
-
Income
160 000
160 000
160 000
160 000
Total tax
53 067
54 615
67 963
53 446
After tax
106 933
105 385
92 037
106 554
Living cost
63 040
63 040
63 040
63 040
Free-cash
43 893
42 345
28 997
43 514

Estimated living cost  is ₽63040 per week

₽47237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121281
₽124561
₽115055
₽120227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 750
income
-
-
-
24 000
pensions

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

-
-
-
4 826
unemployment
-
-
-
130
total
-
-
-
32 706
Employee
16 206
-
153 603
-
income
1 620
-
15 360
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 863
-
health
745
-
1 500
-
total
3 966
-
20 082
-
Employer
16 206
-
153 603
-
unemployment
97
-
196
-
health
1 119
-
2 250
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 593
-
total
3 180
-
6 398
-
Corporate
140 614
160 000
-
-
income
14 061
16 000
-
-
total
14 061
16 000
-
-
Dividends
126 553
144 000
-
-
withholding
6 327
7 200
-
-
total
6 327
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
27 534
23 200
26 480
32 706
After tax
132 466
136 800
133 520
127 294
Living cost
12 239
12 239
12 239
12 239
Free-cash
120 227
124 561
121 281
115 055

Estimated living cost  is ₽12239 per week

₽7145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46741
₽26622
₽36310
₽29003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 673
income
-
-
-
48 435
pensions
-
-
-
11 091
total
-
-
-
71 199
Employee
87 762
80 836
142 408
-
income

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

13 232
13 232
20 413
-
pensions
11 091
11 091
11 091
-
health
10 949
10 554
11 673
-
total
35 272
34 877
43 177
-
Employer
87 762
80 836
142 408
-
unemployment
3 160
2 910
3 616
-
health
6 099
5 619
6 982
-
pensions
6 108
5 626
6 993
-
total
15 367
14 155
17 591
-
Corporate
56 872
65 009
-
-
income
11 375
13 002
-
-
total
11 375
13 002
-
-
Dividends
45 497
52 007
-
-
income
9 668
11 051
-
-
withholding
6 824
7 802
-
-
total
16 492
18 853
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 506
80 887
60 768
71 199
After tax
81 494
79 113
99 232
88 801
Living cost
52 491
52 491
52 491
52 491
Free-cash
29 003
26 622
46 741
36 310

Estimated living cost  is ₽52491 per week

₽38720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58699
₽86755
₽65608
₽78405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 679
health
-
-
-
21 600
income
-
-
-
15 708
solidarity contribution
-
-
-
-
total
-
-
-
70 987
Employee
34 419
-
120 335
-
social contributions
2 237
-
7 497
-
solidarity contribution
-
-
-
-
income
4 130
-
14 489
-
health
4 647
-
16 245
-
total
11 014
-
38 231
-
Employer
34 419
-
120 335
-
health
3 098
-
10 830
-
social contributions
8 605
-
28 835
-
total
11 703
-
39 665
-
Corporate
113 878
160 000
-
-
income
21 637
30 400
-
-
total
21 637
30 400
-
-
Dividends
92 241
129 600
-
-
withholding
13 836
19 440
-
-
total
13 836
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 190
49 840
77 896
70 987
After tax
101 810
110 160
82 104
89 013
Living cost
23 405
23 405
23 405
23 405
Free-cash
78 405
86 755
58 699
65 608

Estimated living cost  is ₽23405 per week

₽16257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29693
₽45421
₽36920
₽40480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
national
-
-
-
39 153
regional
-
-
-
1 881
municipal
-
-
-
950
total
-
-
-
83 137
Employee
84 128
-
160 000
-
social contributions
28 368
-
53 952
-
municipal
445
-
848
-
national
14 577
-
33 904
-
regional
794
-
1 660
-
total
44 184
-
90 364
-
Employer
84 128
-
160 000
-
total
-
-
-
-
Corporate
75 872
160 000
-
-
nationa
18 210
38 401
-
-
municipal
2 959
6 241
-
-
total
21 169
44 642
-
-
Dividends
54 703
115 359
-
-
withholding
14 224
29 994
-
-
total
14 224
29 994
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 577
74 636
90 364
83 137
After tax
80 423
85 364
69 636
76 863
Living cost
39 943
39 943
39 943
39 943
Free-cash
40 480
45 421
29 693
36 920

Estimated living cost  is ₽39943 per week

₽27844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49071
₽79751
₽54914
₽76807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
-
health
-
-
-
8 969
income
-
-
-
43 204
pensions
-
-
-
25 268
surtax
-
-
-
6 541
unemployment
-
-
-
216
total
-
-
-
84 198
Employee
31 304
-
133 407
-
surtax
102
-
5 465
-
income
5 247
-
37 542
-
other
-
-
-
-
pensions
2 087
-
8 427
-
health
799
-
3 221
-
unemployment
2 179
-
8 793
-
total
10 414
-
63 448
-
Employer
31 304
-
133 407
-
other
-
-
-
-
unemployment
992
-
4 004
-
health
1 425
-
5 748
-
pensions
4 173
-
16 841
-
total
6 590
-
26 593
-
Corporate
122 107
160 000
-
-
income
31 747
41 600
-
-
total
31 747
41 600
-
-
Dividends
90 360
118 400
-
-
withholding
13 554
17 761
-
-
total
13 554
17 761
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 305
59 361
90 041
84 198
After tax
97 695
100 639
69 959
75 802
Living cost
20 888
20 888
20 888
20 888
Free-cash
76 807
79 751
49 071
54 914

Estimated living cost  is ₽20888 per week

₽12772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48970
₽62318
₽63487
₽68544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
45 086
pensions
-
-
-
8 360
total
-
-
-
53 446
Employee
59 774
-
139 824
-
income
10 766
-
35 411
-
health
868
-
2 051
-
pensions
5 073
-
10 326
-
total
16 707
-
47 788
-
Employer
59 774
-
139 824
-
health
1 136
-
2 657
-
pensions
6 471
-
17 518
-
total
7 607
-
20 175
-
Corporate
92 620
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.

17 597
30 399
-
-
total
17 597
30 399
-
-
Dividends
75 023
129 601
-
-
withholding
6 478
24 216
-
-
total
6 478
24 216
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 389
54 615
67 963
53 446
After tax
111 611
105 385
92 037
106 554
Living cost
43 067
43 067
43 067
43 067
Free-cash
68 544
62 318
48 970
63 487

Estimated living cost  is ₽43067 per week

₽32266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46207
-₽3289
₽53983
₽29422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other

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

-
-
-
3 201
health
-
-
-
359
pensions
-
-
-
14 721
city
-
-
-
1 687
national
-
-
-
2 133
regional
-
-
-
7 462
total
-
-
-
29 563
Employee
89 471
-
143 207
-
national
423
-
1 764
-
city
960
-
1 538
-
pensions
7 517
-
12 031
-
health
202
-
322
-
regional
2 930
-
6 466
-
unemployment
-
-
-
-
total
12 032
-
22 121
-
Employer
89 471
-
143 207
-
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.

1 789
-
2 865
-
unemployment
-
-
-
-
health
202
-
322
-
pensions
7 517
-
12 031
-
total
9 508
-
15 218
-
Corporate
60 037
160 000
-
-
regional
12 699
33 839
-
-
national
5 103
13 600
-
-
total
17 802
47 439
-
-
Dividends
42 235
112 561
-
-
withholding
14 782
39 396
-
-
total
14 782
39 396
-
-
Income
160 000
160 000
160 000
160 000
Total tax
54 124
86 835
37 339
29 563
After tax
105 876
73 165
122 661
130 437
Living cost
76 454
76 454
76 454
76 454
Free-cash
29 422
-3 289
46 207
53 983

Estimated living cost  is ₽76454 per week

₽49717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58781
₽35702
₽38888
₽51050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 467
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.

-
-
-
48 710
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.

-
-
-
2 678
trade
-
-
-
19 893
total
-
-
-
77 748
Employee

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

56 889
-
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.

368
-
2 678
-
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.

6 690
-
48 710
-
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.

6 467
-
6 467
-
total
13 525
-
57 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 111
160 000
-
-
chamber of commerce
289
368
-
-
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.

851
1 320
-
-
trade
17 683
27 439
-
-
income
15 467
23 999
-
-
total
34 290
53 126
-
-
Dividends
68 820
106 873
-
-
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.

927
1 450
-
-
withholding
16 844
26 358
-
-
total
17 771
27 808
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 586
80 934
57 855
77 748
After tax
94 414
79 066
102 145
82 252
Living cost
43 364
43 364
43 364
43 364
Free-cash
51 050
35 702
58 781
38 888

Estimated living cost  is ₽43364 per week

₽31672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56282
₽48253
₽57887
₽53844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 559
health
-
-
-
6 555
income
-
-
-
24 480
pensions
-
-
-
29 173
surtax
-
-
-
-
total
-
-
-
69 727
Employee
40 513
-
124 357
-
surtax
-
-
-
-
social contributions
1 155
-
3 542
-
income
2 391
-
23 717
-
pensions
4 581
-
8 429
-
total
8 127
-
35 688
-
Employer
40 513
-
124 357
-
other
1 398
-
4 757
-
unemployment
1 640
-
5 037
-
health
2 836
-
11 248
-
pensions
6 656
-
14 228
-
social contributions
122
-
374
-
total
12 652
-
35 644
-
Corporate
106 835
160 000
-
-
surtax
-
-
-
-
income
29 913
44 799
-
-
total
29 913
44 799
-
-
Dividends
76 922
115 201
-
-
social contributions
13 232
19 816
-
-
surtax
-
-
-
-
withholding
9 846
14 746
-
-
total
23 078
34 562
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 770
79 361
71 332
69 727
After tax
86 230
80 639
88 668
90 273
Living cost
32 386
32 386
32 386
32 386
Free-cash
53 844
48 253
56 282
57 887

Estimated living cost  is ₽32386 per week

₽20421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59490
₽51461
₽61095
₽56721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 559
health
-
-
-
6 555
income
-
-
-
24 480
pensions
-
-
-
29 173
surtax
-
-
-
-
total
-
-
-
69 727
Employee
36 164
-
124 357
-
surtax
-
-
-
-
social contributions
1 031
-
3 542
-
income
1 865
-
23 717
-
pensions
4 090
-
8 429
-
total
6 986
-
35 688
-
Employer
36 164
-
124 357
-
other
1 248
-
4 757
-
unemployment
1 464
-
5 037
-
health
2 531
-
11 248
-
pensions
5 942
-
14 228
-
social contributions
108
-
374
-
total
11 293
-
35 644
-
Corporate
112 543
160 000
-
-
surtax
-
-
-
-
income
31 512
44 799
-
-
total
31 512
44 799
-
-
Dividends
81 031
115 201
-
-
social contributions
13 938
19 816
-
-
surtax
-
-
-
-
withholding
10 372
14 746
-
-
total
24 310
34 562
-
-
Income
160 000
160 000
160 000
160 000
Total tax
74 101
79 361
71 332
69 727
After tax
85 899
80 639
88 668
90 273
Living cost
29 178
29 178
29 178
29 178
Free-cash
56 721
51 461
59 490
61 095

Estimated living cost  is ₽29178 per week

₽16922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2964
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.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79577
₽77545
₽82680
₽78034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 081
health
-
-
-
11 168
income
-
-
-
23 999
total
-
-
-
57 248
Employee
32 095
-
160 000
-
social contributions
4 430
-
22 081
-
income
5 353
-
27 102
-
health
2 240
-
11 168
-
total
12 023
-
60 351
-
Employer
32 095
-
160 000
-
total
-
-
-
-
Corporate
127 905
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%.

6 395
7 999
-
-
total
6 395
7 999
-
-
Dividends
121 510
152 001
-
-
social contributions
16 769
20 976
-
-
withholding
18 226
22 799
-
-
health
8 481
10 609
-
-
total
43 476
54 384
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 894
62 383
60 351
57 248
After tax
98 106
97 617
99 649
102 752
Living cost
20 072
20 072
20 072
20 072
Free-cash
78 034
77 545
79 577
82 680

Estimated living cost  is ₽20072 per week

₽13433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽9088
₽55238
₽48745
₽53774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 459
income
-
-
-
42 349
chamber of commerce
-
-
-
640
pensions
-
-
-
20 459
surtax
-
-
-
187
unemployment
-
-
-
5 806
total
-
-
-
77 900
Employee
47 307
37 724
126 803
-
income
5 385
2 783
33 529
-
other
472
377
1 107
-
pensions
4 845
3 862
11 324
-
health
1 830
1 460
4 279
-
unemployment
1 419
1 132
3 318
-
total
13 951
9 614
53 557
-
Employer
47 307
37 724
126 803
-
other
2 247
1 791
5 885
-
unemployment
1 419
1 132
3 318
-
health
1 787
1 426
4 180
-
surtax
187
187
187
-
accident
614
490
1 437
-
pensions
5 937
4 735
13 879
-
payroll
1 419
1 132
3 805
-
chamber of commerce
189
151
507
-
total
13 799
11 044
33 198
-
Corporate
98 893
111 232
123 211
-
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.

24 723
27 808
30 802
-
total
24 723
27 808
30 802
-
Dividends
74 170
83 425
-
-
withholding
20 398
22 941
-
-
total
20 398
22 941
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 871
71 407
117 557
77 900
After tax
87 129
88 593
42 443
82 100
Living cost
33 355
33 355
33 355
33 355
Free-cash
53 774
55 238
9 088
48 745

Estimated living cost  is ₽33355 per week

₽22246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22196
₽54982
₽34808
₽40786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 600
communal

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

-
-
-
8 184
national
-
-
-
58 894
total
-
-
-
90 678
Employee

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

67 711
-
123 924
-
national
20 817
-
44 557
-
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.

5 078
-
9 294
-
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.

3 181
-
5 824
-
communal

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

3 532
-
6 463
-
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.

589
-
1 078
-
total
33 197
-
67 216
-
Employer

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

67 711
-
123 924
-
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.

988
-
1 809
-
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.

4 164
-
7 620
-
surtax
7 678
-
14 055
-
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.

880
-
1 611
-
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.

6 000
-
10 979
-
total
19 710
-
36 074
-
Corporate
72 579
160 000
-
-
surtax
291
640
-
-
income
14 516
32 000
-
-
total
14 807
32 640
-
-
Dividends
57 772
127 360
-
-
withholding

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

16 986
37 864
-
-
total
16 986
37 864
-
-
Income
160 000
160 000
160 000
160 000
Total tax
84 700
70 504
103 290
90 678
After tax
75 300
89 496
56 710
69 322
Living cost
34 514
34 514
34 514
34 514
Free-cash
40 786
54 982
22 196
34 808

Estimated living cost  is ₽34514 per week

₽22232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51710
₽72547
₽55683
₽65929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
88
accident
-
-
-
790
income
-
-
-
43 810
pensions
-
-
-
24 829
unemployment
-
-
-
614
total
-
-
-
70 131
Employee
47 120
-
132 029
-
income
9 942
-
40 561
-
other
47
-
88
-
pensions
2 215
-
4 124
-
unemployment
731
-
1 360
-
total
12 935
-
46 133
-
Employer
47 120
-
132 029
-
other
375
-
702
-
unemployment
2 592
-
4 825
-
accident
932
-
1 737
-
pensions
11 119
-
20 707
-
total
15 018
-
27 971
-
Corporate
97 861
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.

14 680
23 999
-
-
total
14 680
23 999
-
-
Dividends
83 181
136 001
-
-
withholding
17 252
29 268
-
-
total
17 252
29 268
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 885
53 267
74 104
70 131
After tax
100 115
106 733
85 896
89 869
Living cost
34 186
34 186
34 186
34 186
Free-cash
65 929
72 547
51 710
55 683

Estimated living cost  is ₽34186 per week

₽25174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽34794
₽42583
₽28417
₽30791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 242
accident
-
-
-
1 349
income
-
-
-
25 524
pensions
-
-
-
23 981
communal
-
-
-
10 112
surtax
-
-
-
7 933
total
-
-
-
80 141
Employee
71 685
-
142 920
-
surtax
4 394
-
8 759
-
income
6 924
-
30 130
-
pensions
5 734
-
11 434
-
health
3 190
-
6 361
-
total
20 242
-
56 684
-
Employer
71 685
-
142 920
-
health
2 186
-
4 360
-
accident
645
-
1 286
-
pensions
5 734
-
11 434
-
total
8 565
-
17 080
-
Corporate
79 750
160 000
-
-
surtax
837
1 680
-
-
income
11 962
23 999
-
-
communal
5 384
10 800
-
-
total
18 183
36 479
-
-
Dividends
61 567
123 521
-
-
income
21 542
10 968
-
-
withholding
9 235
18 528
-
-
total
30 777
29 496
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 767
65 975
73 764
80 141
After tax
82 233
94 025
86 236
79 859
Living cost
51 442
51 442
51 442
51 442
Free-cash
30 791
42 583
34 794
28 417

Estimated living cost  is ₽51442 per week

₽38589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48697
₽79377
₽54540
₽76367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
-
health
-
-
-
8 969
income
-
-
-
43 204
pensions
-
-
-
25 268
surtax
-
-
-
6 541
unemployment
-
-
-
216
total
-
-
-
84 198
Employee
31 878
-
133 407
-
surtax
113
-
5 465
-
income
5 344
-
37 542
-
other
-
-
-
-
pensions
2 127
-
8 427
-
health
814
-
3 221
-
unemployment
2 219
-
8 793
-
total
10 617
-
63 448
-
Employer
31 878
-
133 407
-
other
-
-
-
-
unemployment
1 011
-
4 004
-
health
1 450
-
5 748
-
pensions
4 250
-
16 841
-
total
6 711
-
26 593
-
Corporate
121 411
160 000
-
-
income
31 567
41 600
-
-
total
31 567
41 600
-
-
Dividends
89 843
118 400
-
-
withholding
13 476
17 761
-
-
total
13 476
17 761
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 371
59 361
90 041
84 198
After tax
97 629
100 639
69 959
75 802
Living cost
21 262
21 262
21 262
21 262
Free-cash
76 367
79 377
48 697
54 540

Estimated living cost  is ₽21262 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43644
₽58600
₽50832
₽56499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
national
-
-
-
39 153
regional
-
-
-
2 413
municipal
-
-
-
950
total
-
-
-
83 669
Employee
52 509
-
160 000
-
social contributions
17 707
-
53 952
-
municipal
278
-
848
-
national
8 319
-
33 904
-
regional
707
-
2 153
-
total
27 011
-
90 857
-
Employer
52 509
-
160 000
-
total
-
-
-
-
Corporate
107 491
160 000
-
-
nationa
25 797
38 401
-
-
municipal
5 342
7 952
-
-
total
31 139
46 353
-
-
Dividends
76 351
113 647
-
-
withholding
19 852
29 548
-
-
total
19 852
29 548
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 002
75 901
90 857
83 669
After tax
81 998
84 099
69 143
76 331
Living cost
25 499
25 499
25 499
25 499
Free-cash
56 499
58 600
43 644
50 832

Estimated living cost  is ₽25499 per week

₽15858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53263
₽81319
₽60172
₽71029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 679
health
-
-
-
21 600
income
-
-
-
15 708
solidarity contribution
-
-
-
-
total
-
-
-
70 987
Employee
42 413
-
120 335
-
social contributions
2 757
-
7 497
-
solidarity contribution
-
-
-
-
income
5 090
-
14 489
-
health
5 726
-
16 245
-
total
13 573
-
38 231
-
Employer
42 413
-
120 335
-
health
3 817
-
10 830
-
social contributions
10 603
-
28 835
-
total
14 420
-
39 665
-
Corporate
103 166
160 000
-
-
income
19 602
30 400
-
-
total
19 602
30 400
-
-
Dividends
83 564
129 600
-
-
withholding
12 535
19 440
-
-
total
12 535
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 130
49 840
77 896
70 987
After tax
99 870
110 160
82 104
89 013
Living cost
28 841
28 841
28 841
28 841
Free-cash
71 029
81 319
53 263
60 172

Estimated living cost  is ₽28841 per week

₽21448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12302
₽58494
₽52087
₽58027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 459
income
-
-
-
42 349
chamber of commerce
-
-
-
640
pensions
-
-
-
20 459
surtax
-
-
-
-
unemployment
-
-
-
5 806
total
-
-
-
77 713
Employee
41 379
37 724
126 976
-
income
3 686
2 783
33 601
-
other
413
377
1 107
-
pensions
4 238
3 862
11 324
-
health
1 601
1 460
4 279
-
unemployment
1 241
1 132
3 318
-
total
11 179
9 614
53 629
-
Employer
41 379
37 724
126 976
-
other
1 965
1 791
5 892
-
unemployment
1 241
1 132
3 318
-
health
1 565
1 426
4 180
-
surtax
-
-
-
-
accident
537
490
1 437
-
pensions
5 193
4 735
13 879
-
payroll
1 241
1 132
3 810
-
chamber of commerce
165
151
508
-
total
11 907
10 857
33 024
-
Corporate
106 713
111 419
123 383
-
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.

26 678
27 854
30 845
-
total
26 678
27 854
30 845
-
Dividends
80 035
83 565
-
-
withholding
22 009
22 981
-
-
total
22 009
22 981
-
-
Income
160 000
160 000
160 000
160 000
Total tax
71 773
71 306
117 498
77 713
After tax
88 227
88 694
42 502
82 287
Living cost
30 200
30 200
30 200
30 200
Free-cash
58 027
58 494
12 302
52 087

Estimated living cost  is ₽30200 per week

₽18116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115910
₽139910
₽146310
₽137642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 113
-
160 000
-
income
3 023
-
32 000
-
total
3 023
-
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%.

144 887
160 000
-
-
total
-
-
-
-
Dividends
144 887
160 000
-
-
withholding
7 245
8 000
-
-
total
7 245
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
10 268
8 000
32 000
1 600
After tax
149 732
152 000
128 000
158 400
Living cost
12 090
12 090
12 090
12 090
Free-cash
137 642
139 910
115 910
146 310

Estimated living cost  is ₽12090 per week

₽8181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48858
₽84770
₽53095
₽76852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 745
income
-
-
-
36 309
pensions
-
-
-
29 220
unemployment
-
-
-
241
total
-
-
-
81 515
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.

41 859
-
138 444
-
income
7 219
-
33 598
-
pensions
6 488
-
21 459
-
health
2 704
-
8 944
-
unemployment
59
-
194
-
total
16 470
-
64 195
-
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.

41 859
-
138 444
-
unemployment
25
-
83
-
health
2 788
-
9 221
-
pensions
3 704
-
12 253
-
total
6 517
-
21 557
-
Corporate
111 624
160 000
-
-
income
21 208
30 400
-
-
total
21 208
30 400
-
-
Dividends
90 416
129 600
-
-
withholding
13 563
19 440
-
-
total
13 563
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 758
49 840
85 752
81 515
After tax
102 242
110 160
74 248
78 485
Living cost
25 390
25 390
25 390
25 390
Free-cash
76 852
84 770
48 858
53 095

Estimated living cost  is ₽25390 per week

₽17425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104292
₽54652
₽67881
₽7589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 214
-
-
-
social contributions
5 020
-
715
-
income
13 503
-
-
-
total
18 523
-
715
-
Employer
61 214
-
-
-
social contributions
86 311
-
12 301
-
total
86 311
-
12 301
-
Corporate
12 475
160 000
-
-
income
2 744
35 200
-
-
total
2 744
35 200
-
-
Dividends
9 731
124 800
-
-
income
2 141
27 456
-
-
total
2 141
27 456
-
-
Income
160 000
160 000
160 000
160 000
Total tax
109 719
62 656
13 016
49 427
After tax
50 281
97 344
146 984
110 573
Living cost
42 692
42 692
42 692
42 692
Free-cash
7 589
54 652
104 292
67 881

Estimated living cost  is ₽42692 per week

₽27700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44297
₽61315
₽56284
₽60362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
55 601
income
-
-
-
18 423
surtax
-
-
-
-
total
-
-
-
74 024
Employee
43 536
-
129 293
-
surtax
-
-
-
-
social contributions
4 789
-
14 222
-
income
9 056
-
41 082
-
total
13 845
-
55 304
-
Employer
43 536
-
129 293
-
social contributions
10 340
-
30 707
-
total
10 340
-
30 707
-
Corporate
106 124
160 000
-
-
surtax
-
-
-
-
income
22 286
33 601
-
-
total
22 286
33 601
-
-
Dividends
83 838
126 399
-
-
withholding
23 475
35 392
-
-
total
23 475
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 946
68 993
86 011
74 024
After tax
90 054
91 007
73 989
85 976
Living cost
29 692
29 692
29 692
29 692
Free-cash
60 362
61 315
44 297
56 284

Estimated living cost  is ₽29692 per week

₽22216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42948
₽34919
₽44553
₽41424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 559
health
-
-
-
6 555
income
-
-
-
24 480
pensions
-
-
-
29 173
surtax
-
-
-
-
total
-
-
-
69 727
Employee
59 288
-
124 357
-
surtax
-
-
-
-
social contributions
1 689
-
3 542
-
income
5 173
-
23 717
-
pensions
6 706
-
8 429
-
total
13 568
-
35 688
-
Employer
59 288
-
124 357
-
other
2 046
-
4 757
-
unemployment
2 402
-
5 037
-
health
4 150
-
11 248
-
pensions
9 742
-
14 228
-
social contributions
178
-
374
-
total
18 518
-
35 644
-
Corporate
82 196
160 000
-
-
surtax
-
-
-
-
income
23 015
44 799
-
-
total
23 015
44 799
-
-
Dividends
59 181
115 201
-
-
social contributions
10 180
19 816
-
-
surtax
-
-
-
-
withholding
7 575
14 746
-
-
total
17 755
34 562
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 856
79 361
71 332
69 727
After tax
87 144
80 639
88 668
90 273
Living cost
45 720
45 720
45 720
45 720
Free-cash
41 424
34 919
42 948
44 553

Estimated living cost  is ₽45720 per week

₽30942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93868
₽115545
₽89615
₽112366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
6 731
social contributions
-
-
-
35 200
total
-
-
-
41 931
Employee
30 432
-
138 528
-
income
-
-
7 203
-
social contributions
1 978
-
9 003
-
total
1 978
-
16 206
-
Employer
30 432
-
138 528
-
social contributions
4 717
-
21 472
-
total
4 717
-
21 472
-
Corporate
124 850
160 000
-
-
income
12 485
16 000
-
-
total
12 485
16 000
-
-
Dividends
112 366
144 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
19 180
16 000
37 678
41 931
After tax
140 820
144 000
122 322
118 069
Living cost
28 455
28 455
28 455
28 455
Free-cash
112 366
115 545
93 868
89 615

Estimated living cost  is ₽28455 per week

₽18398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45951
-₽45951
₽49217
-₽45951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
labour market
-
-
-
12 734
pensions
-
-
-
819
national
-
-
-
18 570
municipal
-
-
-
33 136
total
-
-
-
65 259
Employee
192 145
192 145
192 145
-
labour market
15 350
15 350
15 350
-
municipal
40 916
40 916
40 916
-
national
23 474
23 474
23 474
-
pensions
273
273
273
-
total
80 013
80 013
80 013
-
Employer
192 145
192 145
192 145
-
national
23 515
23 515
23 515
-
labour market
15 372
15 372
15 372
-
pensions
546
546
546
-
municipal
40 981
40 981
40 981
-
total
80 414
80 414
80 414
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
160 427
160 427
160 427
65 259
After tax
-427
-427
-427
94 741
Living cost
45 524
45 524
45 524
45 524
Free-cash
-45 951
-45 951
-45 951
49 217

Estimated living cost  is ₽45524 per week

₽31157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65931
-₽7731
₽88714
₽9787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
43 946
pensions
-
-
-
3 972
total
-
-
-
50 595
Employee
32 548
-
143 568
-
income
4 465
-
33 224
-
pensions
3 665
-
7 283
-
health
3 727
-
16 439
-
total
11 857
-
56 946
-
Employer
32 548
-
143 568
-
unemployment
798
-
3 517
-
accident
543
-
2 398
-
pensions
5 292
-
10 517
-
total
6 633
-
16 432
-
Corporate
120 819
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.

108 737
144 000
-
-
total
108 737
144 000
-
-
Dividends
12 082
16 000
-
-
withholding
2 295
3 040
-
-
total
2 295
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 522
147 040
73 378
50 595
After tax
30 478
12 960
86 622
109 405
Living cost
20 691
20 691
20 691
20 691
Free-cash
9 787
-7 731
65 931
88 714

Estimated living cost  is ₽20691 per week

₽15061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48018
₽64335
₽67835
₽66553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
health
-
-
-
2 069
national
-
-
-
25 326
municipal
-
-
-
28 427
total
-
-
-
55 822
Employee
49 803
-
134 601
-
municipal
8 157
-
21 928
-
national
823
-
15 529
-
pensions
3 361
-
9 086
-
health
372
-
1 678
-
unemployment
747
-
2 019
-
total
13 460
-
50 240
-
Employer
49 803
-
134 601
-
unemployment
323
-
875
-
health
383
-
1 036
-
accident
50
-
135
-
pensions
8 640
-
23 353
-
total
9 396
-
25 399
-
Corporate
100 800
160 000
-
-
income
20 161
32 000
-
-
total
20 161
32 000
-
-
Dividends

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

60 480
96 000
-
-
national
3 201
10 043
-
-
municipal
10 886
17 279
-
-
total
14 087
27 322
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 104
59 322
75 639
55 822
After tax
102 896
100 678
84 361
104 178
Living cost
36 343
36 343
36 343
36 343
Free-cash
66 553
64 335
48 018
67 835

Estimated living cost  is ₽36343 per week

₽23739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86357
₽94828
₽87782
₽89675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 316
health
-
-
-
4 080
income
-
-
-
30 906
total
-
-
-
50 302
Employee
72 789
72 789
149 094
-
social contributions
2 752
6 041
8 148
-
income
7 926
6 738
30 139
-
health
564
1 238
2 535
-
total
11 242
14 017
40 822
-
Employer
72 789
72 789
149 094
-
health
613
1 347
2 757
-
social contributions
2 752
6 041
8 148
-
total
3 365
7 388
10 905
-
Corporate
123 477
79 822
-
-
income
15 434
9 977
-
-
total
15 434
9 977
-
-
Dividends
108 043
69 845
-
-
withholding
18 368
11 874
-
-
total
18 368
11 874
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 409
43 256
51 727
50 302
After tax
111 591
116 744
108 273
109 698
Living cost
21 916
21 916
21 916
21 916
Free-cash
89 675
94 828
86 357
87 782

Estimated living cost  is ₽21916 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100286
₽117467
₽119274
₽112649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 426
income
-
-
-
16 223
pensions
-
-
-
6 021
unemployment
-
-
-
27
total
-
-
-
25 697
Employee

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

21 728
-
150 749
-
income
1 486
-
13 877
-
pensions
3 259
-
13 473
-
health
1 847
-
7 635
-
unemployment
108
-
449
-
total
6 700
-
35 434
-
Employer

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

21 728
-
150 749
-
unemployment
108
-
449
-
health
934
-
3 862
-
pensions
1 195
-
4 940
-
total
2 237
-
9 251
-
Corporate
136 036
160 000
-
-
income
12 244
14 400
-
-
total
12 244
14 400
-
-
Dividends
123 792
145 600
-
-
withholding
11 141
13 104
-
-
total
11 141
13 104
-
-
Income
160 000
160 000
160 000
160 000
Total tax
32 322
27 504
44 685
25 697
After tax
127 678
132 496
115 315
134 303
Living cost
15 029
15 029
15 029
15 029
Free-cash
112 649
117 467
100 286
119 274

Estimated living cost  is ₽15029 per week

₽9589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59866
₽80703
₽63839
₽76522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
88
accident
-
-
-
790
income
-
-
-
43 810
pensions
-
-
-
24 829
unemployment
-
-
-
614
total
-
-
-
70 131
Employee
35 002
-
132 029
-
income
6 748
-
40 561
-
other
34
-
88
-
pensions
1 645
-
4 124
-
unemployment
543
-
1 360
-
total
8 970
-
46 133
-
Employer
35 002
-
132 029
-
other
280
-
702
-
unemployment
1 926
-
4 825
-
accident
693
-
1 737
-
pensions
8 260
-
20 707
-
total
11 159
-
27 971
-
Corporate
113 840
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.

17 076
23 999
-
-
total
17 076
23 999
-
-
Dividends
96 763
136 001
-
-
withholding
20 243
29 268
-
-
total
20 243
29 268
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 448
53 267
74 104
70 131
After tax
102 552
106 733
85 896
89 869
Living cost
26 030
26 030
26 030
26 030
Free-cash
76 522
80 703
59 866
63 839

Estimated living cost  is ₽26030 per week

₽17570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101100
₽98092
₽101225
₽97805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
925
income
-
-
-
54 827
pensions
-
-
-
1 275
total
-
-
-
57 027
Employee
2 663
-
158 565
-
income
515
-
54 760
-
pensions
240
-
574
-
health
133
-
319
-
unemployment
27
-
64
-
total
915
-
55 717
-
Employer
2 663
-
158 565
-
unemployment
53
-
128
-
health
253
-
606
-
pensions
293
-
701
-
total
599
-
1 435
-
Corporate
156 738
160 000
-
-
income
34 482
35 200
-
-
total
34 482
35 200
-
-
Dividends
122 255
124 800
-
-
withholding
24 451
24 960
-
-
total
24 451
24 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 447
60 160
57 152
57 027
After tax
99 553
99 840
102 848
102 973
Living cost
1 748
1 748
1 748
1 748
Free-cash
97 805
98 092
101 100
101 225

Estimated living cost  is ₽1748 per week

₽1039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81234
₽99269
₽81234
₽94622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 188
income
-
-
-
36 055
pensions
-
-
-
18 145
unemployment
-
-
-
1 047
total
-
-
-
62 435
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.

24 626
-
147 508
-
income
3 395
-
36 055
-
pensions
3 448
-
9 771
-
health
1 268
-
3 594
-
unemployment
185
-
523
-
total
8 296
-
49 943
-
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.

24 626
-
147 508
-
unemployment
185
-
523
-
health
1 268
-
3 594
-
pensions
2 955
-
8 375
-
total
4 408
-
12 492
-
Corporate
130 965
160 000
-
-
income
19 645
24 000
-
-
total
19 645
24 000
-
-
Dividends
111 321
136 000
-
-
withholding
16 698
20 400
-
-
total
16 698
20 400
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 047
44 400
62 435
62 435
After tax
110 953
115 600
97 565
97 565
Living cost
16 331
16 331
16 331
16 331
Free-cash
94 622
99 269
81 234
81 234

Estimated living cost  is ₽16331 per week

₽10996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48469
₽65487
₽60456
₽65145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
55 601
income
-
-
-
18 423
surtax
-
-
-
-
total
-
-
-
74 024
Employee
36 740
-
129 293
-
surtax
-
-
-
-
social contributions
4 042
-
14 222
-
income
7 179
-
41 082
-
total
11 221
-
55 304
-
Employer
36 740
-
129 293
-
social contributions
8 725
-
30 707
-
total
8 725
-
30 707
-
Corporate
114 535
160 000
-
-
surtax
-
-
-
-
income
24 053
33 601
-
-
total
24 053
33 601
-
-
Dividends
90 482
126 399
-
-
withholding
25 336
35 392
-
-
total
25 336
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 335
68 993
86 011
74 024
After tax
90 665
91 007
73 989
85 976
Living cost
25 520
25 520
25 520
25 520
Free-cash
65 145
65 487
48 469
60 456

Estimated living cost  is ₽25520 per week

₽18075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽52628
₽73465
₽56601
₽67168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
88
accident
-
-
-
790
income
-
-
-
43 810
pensions
-
-
-
24 829
unemployment
-
-
-
614
total
-
-
-
70 131
Employee
45 717
-
132 029
-
income
9 549
-
40 561
-
other
45
-
88
-
pensions
2 148
-
4 124
-
unemployment
708
-
1 360
-
total
12 450
-
46 133
-
Employer
45 717
-
132 029
-
other
366
-
702
-
unemployment
2 515
-
4 825
-
accident
905
-
1 737
-
pensions
10 789
-
20 707
-
total
14 575
-
27 971
-
Corporate
99 708
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.

14 956
23 999
-
-
total
14 956
23 999
-
-
Dividends
84 751
136 001
-
-
withholding
17 583
29 268
-
-
total
17 583
29 268
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 564
53 267
74 104
70 131
After tax
100 436
106 733
85 896
89 869
Living cost
33 268
33 268
33 268
33 268
Free-cash
67 168
73 465
52 628
56 601

Estimated living cost  is ₽33268 per week

₽23892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117462
₽120742
₽111236
₽115052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 750
income
-
-
-
24 000
pensions

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

-
-
-
4 826
unemployment
-
-
-
130
total
-
-
-
32 706
Employee
21 263
-
153 603
-
income
2 127
-
15 360
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 863
-
health
978
-
1 500
-
total
5 206
-
20 082
-
Employer
21 263
-
153 603
-
unemployment
128
-
196
-
health
1 467
-
2 250
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 593
-
total
4 172
-
6 398
-
Corporate
134 566
160 000
-
-
income
13 456
16 000
-
-
total
13 456
16 000
-
-
Dividends
121 110
144 000
-
-
withholding
6 056
7 200
-
-
total
6 056
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
28 890
23 200
26 480
32 706
After tax
131 110
136 800
133 520
127 294
Living cost
16 058
16 058
16 058
16 058
Free-cash
115 052
120 742
117 462
111 236

Estimated living cost  is ₽16058 per week

₽10620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65599
₽45811
₽48954
₽58194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 467
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.

-
-
-
48 710
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.

-
-
-
2 678
trade
-
-
-
16 645
total
-
-
-
74 500
Employee

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

47 099
-
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
-
2 678
-
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.

3 873
-
48 710
-
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.

6 467
-
6 467
-
total
10 554
-
57 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 901
160 000
-
-
chamber of commerce
309
379
-
-
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
-
-
trade
16 201
22 959
-
-
income
16 934
23 999
-
-
total
34 375
48 657
-
-
Dividends
78 526
111 342
-
-
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.

1 060
1 511
-
-
withholding
19 271
27 475
-
-
total
20 331
28 986
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 260
77 643
57 855
74 500
After tax
94 740
82 357
102 145
85 500
Living cost
36 546
36 546
36 546
36 546
Free-cash
58 194
45 811
65 599
48 954

Estimated living cost  is ₽36546 per week

₽25210
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31184
₽58076
₽31184
₽60166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
48 354
social contributions
-
-
-
26 539
total
-
-
-
74 893
Employee
74 045
-
160 000
-
income
13 972
-
48 354
-
social contributions
6 152
-
26 539
-
total
20 124
-
74 893
-
Employer
74 045
-
160 000
-
total
-
-
-
-
Corporate
85 955
160 000
-
-
income
10 744
20 001
-
-
total
10 744
20 001
-
-
Dividends
75 211
139 999
-
-
withholding
15 043
28 000
-
-
total
15 043
28 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
45 911
48 001
74 893
74 893
After tax
114 089
111 999
85 107
85 107
Living cost
53 923
53 923
53 923
53 923
Free-cash
60 166
58 076
31 184
31 184

Estimated living cost  is ₽53923 per week

₽41023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79814
₽64637
₽92869
₽67944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
160 000
income
-
-
-
26 945
health

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

-
-
-
5 824
total
-
-
-
32 769
Employee
43 425
-
155 646
-
income
4 712
-
37 116
-
social contributions
4 351
-
4 354
-
total
9 063
-
41 470
-
Employer
43 425
-
155 646
-
social contributions
4 351
-
4 354
-
total
4 351
-
4 354
-
Corporate
112 225
160 000
-
-
income
39 279
56 000
-
-
total
39 279
56 000
-
-
Dividends
72 945
104 000
-
-
social contributions
5 001
5 001
-
-
total
5 001
5 001
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 694
61 001
45 824
32 769
After tax
102 306
98 999
114 176
127 231
Living cost
34 362
34 362
34 362
34 362
Free-cash
67 944
64 637
79 814
92 869

Estimated living cost  is ₽34362 per week

₽22634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57025
₽70373
₽71542
₽75954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
45 086
pensions
-
-
-
8 360
total
-
-
-
53 446
Employee
48 059
-
139 824
-
income
8 752
-
35 411
-
health
627
-
2 051
-
pensions
3 668
-
10 326
-
total
13 047
-
47 788
-
Employer
48 059
-
139 824
-
health
913
-
2 657
-
pensions
4 856
-
17 518
-
total
5 769
-
20 175
-
Corporate
106 172
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.

20 174
30 399
-
-
total
20 174
30 399
-
-
Dividends
85 998
129 601
-
-
withholding
10 044
24 216
-
-
total
10 044
24 216
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 034
54 615
67 963
53 446
After tax
110 966
105 385
92 037
106 554
Living cost
35 012
35 012
35 012
35 012
Free-cash
75 954
70 373
57 025
71 542

Estimated living cost  is ₽35012 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
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.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽63883
-₽9779
₽86666
₽9473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
354
health
-
-
-
2 082
accident
-
-
-
241
income
-
-
-
43 946
pensions
-
-
-
3 972
total
-
-
-
50 595
Employee
35 770
-
143 568
-
income
4 907
-
33 224
-
pensions
4 028
-
7 283
-
health
4 095
-
16 439
-
total
13 030
-
56 946
-
Employer
35 770
-
143 568
-
unemployment
876
-
3 517
-
accident
597
-
2 398
-
pensions
5 816
-
10 517
-
total
7 289
-
16 432
-
Corporate
116 941
160 000
-
-
income

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

105 247
144 000
-
-
total
105 247
144 000
-
-
Dividends
11 694
16 000
-
-
withholding
2 222
3 040
-
-
total
2 222
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
127 788
147 040
73 378
50 595
After tax
32 212
12 960
86 622
109 405
Living cost
22 739
22 739
22 739
22 739
Free-cash
9 473
-9 779
63 883
86 666

Estimated living cost  is ₽22739 per week

₽16688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100220
₽121894
₽79469
₽117479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income
-
-
-
26 286
health insurance
-
-
-
11 167
work injury
-
-
-
755
pensions
-
-
-
27 766
unemployment
-
-
-
1 811
total
-
-
-
67 785
Employee

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

20 393
-
160 000
-
income
2 039
-
26 286
-
work injury
102
-
377
-
health insurance
1 509
-
5 583
-
pensions
3 752
-
13 883
-
unemployment
245
-
905
-
total
7 647
-
47 034
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 607
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%.

1 396
1 600
-
-
total
1 396
1 600
-
-
Dividends
138 211
158 400
-
-
withholding
20 732
23 760
-
-
total
20 732
23 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
29 775
25 360
47 034
67 785
After tax
130 225
134 640
112 966
92 215
Living cost
12 746
12 746
12 746
12 746
Free-cash
117 479
121 894
100 220
79 469

Estimated living cost  is ₽12746 per week

₽7896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽30237
₽46566
₽37259
₽42261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
41 153
national
-
-
-
39 153
regional
-
-
-
3 656
municipal
-
-
-
1 069
total
-
-
-
85 031
Employee
79 767
-
160 000
-
social contributions
26 897
-
53 952
-
municipal
476
-
954
-
national
13 480
-
33 904
-
regional
1 204
-
3 243
-
total
42 057
-
92 053
-
Employer
79 767
-
160 000
-
total
-
-
-
-
Corporate
80 233
160 000
-
-
nationa
19 255
38 401
-
-
municipal
3 868
7 712
-
-
total
23 123
46 113
-
-
Dividends
57 111
113 887
-
-
withholding
14 849
29 611
-
-
total
14 849
29 611
-
-
Income
160 000
160 000
160 000
160 000
Total tax
80 029
75 724
92 053
85 031
After tax
79 971
84 276
67 947
74 969
Living cost
37 710
37 710
37 710
37 710
Free-cash
42 261
46 566
30 237
37 259

Estimated living cost  is ₽37710 per week

₽26489
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.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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