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
₽52270
₽73600
₽55275
₽62654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income

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

-
-
-
48 861
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.

-
-
-
2 687
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.

-
-
-
6 414
trade
-
-
-
18 325
total
-
-
-
76 287
Employee

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

35 910
-
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.

55
-
2 687
-
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.

1 003
-
48 861
-
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.

6 414
-
6 414
-
total
7 472
-
57 962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 090
160 000
-
-
income
18 613
23 999
-
-
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.

1 024
1 320
-
-
chamber of commerce
321
372
-
-
trade
19 543
25 200
-
-
total
39 501
50 891
-
-
Dividends
84 588
109 108
-
-
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.

1 144
1 481
-
-
withholding
20 791
26 920
-
-
total
21 935
28 401
-
-
Income
160 000
160 000
160 000
160 000
Total tax
68 908
79 292
57 962
76 287
After tax
91 092
80 708
102 038
83 713
Living cost
28 438
28 438
28 438
28 438
Free-cash
62 654
52 270
73 600
55 275

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49889
₽45941
₽44685
₽49059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
1 720
municipal
-
-
-
17 432
national
-
-
-
27 012
pensions
-
-
-
19 200
total
-
-
-
65 364
Employee
77 434
-
138 319
-
municipal
9 564
-
18 051
-
pensions
3 097
-
5 533
-
national
14 821
-
27 972
-
total
27 482
-
51 556
-
Employer
77 434
-
138 319
-
pensions
6 195
-
11 065
-
social contributions
832
-
1 487
-
total
7 027
-
12 552
-
Corporate
70 429
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%.

14 086
32 000
-
-
total
14 086
32 000
-
-
Dividends
56 343
128 000
-
-
withholding
12 395
28 160
-
-
total
12 395
28 160
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 990
60 160
64 108
65 364
After tax
99 010
99 840
95 892
94 636
Living cost
49 951
49 951
49 951
49 951
Free-cash
49 059
49 889
45 941
44 685

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108468
₽46971
₽35218
₽100766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
160 000
income
-
-
-
28 477
surtax
-
-
-
40 799
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
105 249
Employee
27 434
-
119 860
-
surtax
-
-
17 380
-
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.

3 018
-
12 308
-
income
4 884
-
23 668
-
total
7 902
-
53 356
-
Employer
27 434
-
119 860
-
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.

6 608
-
26 955
-
surtax
-
-
13 185
-
total
6 608
-
40 140
-
Corporate
125 957
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%.

25 191
31 999
-
-
total
25 191
31 999
-
-
Dividends

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

100 766
128 001
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
39 701
31 999
93 496
105 249
After tax
120 299
128 001
66 504
54 751
Living cost
19 533
19 533
19 533
19 533
Free-cash
100 766
108 468
46 971
35 218

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39804
₽60050
₽49377
₽34053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 715
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
71 292
Employee
80 176
80 176
142 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
20 594
-
health
12 306
10 467
11 577
-
total
39 862
34 591
43 171
-
Employer
80 176
80 176
142 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
66 767
65 784
-
-
income
13 354
13 156
-
-
total
13 354
13 156
-
-
Dividends
53 413
52 628
-
-
income
11 349
11 184
-
-
withholding
8 012
7 895
-
-
total
19 361
19 079
-
-
Income
160 000
160 000
160 000
160 000
Total tax
86 616
80 865
60 619
71 292
After tax
73 384
79 135
99 381
88 708
Living cost
39 331
39 331
39 331
39 331
Free-cash
34 053
39 804
60 050
49 377

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49597
₽43893
₽44810
₽48747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
40 562
national
-
-
-
12 889
pensions
-
-
-
8 947
total
-
-
-
77 427
Employee
53 808
-
133 996
-
municipal
16 046
-
39 958
-
national
-
-
12 382
-
total
16 046
-
52 340
-
Employer
53 808
-
133 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
89 285
160 000
-
-
income
19 643
35 200
-
-
total
19 643
35 200
-
-
Dividends
69 642
124 800
-
-
withholding
20 893
37 440
-
-
total
20 893
37 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 490
72 640
78 344
77 427
After tax
86 510
87 360
81 656
82 573
Living cost
37 763
37 763
37 763
37 763
Free-cash
48 747
49 597
43 893
44 810

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽43003
₽65155
₽46016
₽56195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income

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

-
-
-
48 861
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.

-
-
-
2 687
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.

-
-
-
6 414
trade
-
-
-
19 139
total
-
-
-
77 101
Employee

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

47 612
-
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.

224
-
2 687
-
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.

4 091
-
48 861
-
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.

6 414
-
6 414
-
total
10 729
-
57 962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 388
160 000
-
-
income
16 858
23 999
-
-
surtax

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

926
1 320
-
-
chamber of commerce
303
371
-
-
trade
18 487
26 319
-
-
total
36 574
52 009
-
-
Dividends
75 813
107 990
-
-
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.

1 023
1 465
-
-
withholding
18 596
26 640
-
-
total
19 619
28 105
-
-
Income
160 000
160 000
160 000
160 000
Total tax
66 922
80 114
57 962
77 101
After tax
93 078
79 886
102 038
82 899
Living cost
36 883
36 883
36 883
36 883
Free-cash
56 195
43 003
65 155
46 016

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86286
₽77755
₽79176
₽82393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
31 100
social contributions
-
-
-
15 191
health
-
-
-
4 080
total
-
-
-
50 371
Employee
72 195
72 195
149 158
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
30 333
-
health
718
1 228
2 535
-
total
11 807
13 903
40 950
-
Employer
72 195
72 195
149 158
-
health
782
1 336
2 760
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 842
-
Corporate
113 450
80 477
-
-
income
14 181
10 059
-
-
total
14 181
10 059
-
-
Dividends
99 269
70 417
-
-
withholding
16 876
11 971
-
-
total
16 876
11 971
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 154
43 261
51 792
50 371
After tax
112 846
116 739
108 208
109 629
Living cost
30 453
30 453
30 453
30 453
Free-cash
82 393
86 286
77 755
79 176

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73061
₽75930
₽94016
₽73412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
133 891
-
unemployment
364
145
2 008
-
pensions
2 429
967
13 389
-
income
2 969
1 182
16 368
-
health
1 700
677
9 372
-
total
7 462
2 971
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.

24 286
9 665
133 891
-
pensions
4 736
1 885
26 109
-
total
4 736
1 885
26 109
-
Corporate
130 979
148 450
-
-
income
11 788
13 360
-
-
total
11 788
13 360
-
-
Dividends
119 191
135 089
-
-
social contributions
23 132
26 232
-
-
withholding
22 646
25 667
-
-
total
45 778
51 899
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 764
70 115
67 246
49 160
After tax
90 236
89 885
92 754
110 840
Living cost
16 824
16 824
16 824
16 824
Free-cash
73 412
73 061
75 930
94 016

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105324
₽69543
₽63083
₽99489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
21 441
health
-
-
-
20 800
pensions
-
-
-
31 999
total
-
-
-
74 240
Employee
26 635
-
119 580
-
unemployment
426
-
1 914
-
pensions
533
-
2 391
-
income
2 999
-
23 055
-
total
3 958
-
27 360
-
Employer
26 635
-
119 580
-
health
3 462
-
15 545
-
pensions
5 327
-
23 918
-
unemployment
214
-
957
-
total
9 003
-
40 420
-
Corporate
124 363
160 000
-
-
income
24 873
31 999
-
-
total
24 873
31 999
-
-
Dividends
99 490
128 001
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
37 834
31 999
67 780
74 240
After tax
122 166
128 001
92 220
85 760
Living cost
22 677
22 677
22 677
22 677
Free-cash
99 489
105 324
69 543
63 083

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7971
₽65712
₽88472
₽9748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
240
income
-
-
-
43 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
50 597
Employee
32 926
-
143 601
-
pensions
3 708
-
7 259
-
income
4 517
-
33 258
-
health
3 770
-
16 442
-
total
11 995
-
56 959
-
Employer
32 926
-
143 601
-
pensions
5 354
-
10 482
-
accident
550
-
2 398
-
unemployment
807
-
3 518
-
total
6 711
-
16 398
-
Corporate
120 364
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.

108 328
144 000
-
-
total
108 328
144 000
-
-
Dividends
12 036
16 000
-
-
withholding
2 287
3 040
-
-
total
2 287
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 321
147 040
73 357
50 597
After tax
30 679
12 960
86 643
109 403
Living cost
20 931
20 931
20 931
20 931
Free-cash
9 748
-7 971
65 712
88 472

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
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.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144449
₽120449
₽150849
₽143034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
160 000
-
income
1 887
-
32 000
-
total
1 887
-
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%.

150 562
160 000
-
-
total
-
-
-
-
Dividends
150 562
160 000
-
-
withholding
7 528
8 000
-
-
total
7 528
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
9 415
8 000
32 000
1 600
After tax
150 585
152 000
128 000
158 400
Living cost
7 551
7 551
7 551
7 551
Free-cash
143 034
144 449
120 449
150 849

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92536
₽65795
₽63458
₽86196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 196
other
-
-
-
6 781
health
-
-
-
6 282
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.

-
-
-
34 266
total
-
-
-
71 525
Employee
34 090
-
127 796
-
unemployment
340
-
1 277
-
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.

2 386
-
8 946
-
income
5 869
-
24 972
-
health
477
-
1 789
-
total
9 072
-
36 984
-
Employer
34 090
-
127 796
-
health
477
-
1 789
-
pensions

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

5 796
-
21 726
-
accident
273
-
1 023
-
unemployment
340
-
1 277
-
other
1 705
-
6 389
-
total
8 591
-
32 204
-
Corporate
117 319
160 000
-
-
income
24 637
33 599
-
-
total
24 637
33 599
-
-
Dividends
92 682
126 401
-
-
withholding
6 487
8 848
-
-
total
6 487
8 848
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 787
42 447
69 188
71 525
After tax
111 213
117 553
90 812
88 475
Living cost
25 017
25 017
25 017
25 017
Free-cash
86 196
92 536
65 795
63 458

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42376
₽29034
₽43548
₽43944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 099
pensions
-
-
-
8 357
total
-
-
-
53 456
Employee
89 130
-
139 824
-
pensions
8 599
-
10 321
-
income
16 067
-
35 423
-
health
1 469
-
2 050
-
total
26 135
-
47 794
-
Employer
89 130
-
139 824
-
health
1 693
-
2 657
-
pensions
10 524
-
17 519
-
total
12 217
-
20 176
-
Corporate
58 653
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.

11 144
30 399
-
-
total
11 144
30 399
-
-
Dividends
47 509
129 601
-
-
withholding
3 564
24 229
-
-
total
3 564
24 229
-
-
Income
160 000
160 000
160 000
160 000
Total tax
53 060
54 628
67 970
53 456
After tax
106 940
105 372
92 030
106 544
Living cost
62 996
62 996
62 996
62 996
Free-cash
43 944
42 376
29 034
43 548

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽124490
₽121148
₽114933
₽120131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 000
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
32 757
Employee
16 300
-
153 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
15 357
-
health
750
-
1 509
-
total
3 990
-
20 107
-
Employer
16 300
-
153 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
140 501
160 000
-
-
income
14 050
16 000
-
-
total
14 050
16 000
-
-
Dividends
126 451
144 000
-
-
withholding
6 322
7 200
-
-
total
6 322
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
27 559
23 200
26 542
32 757
After tax
132 441
136 800
133 458
127 243
Living cost
12 310
12 310
12 310
12 310
Free-cash
120 131
124 490
121 148
114 933

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27073
₽47319
₽36646
₽29435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 715
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
71 292
Employee
87 046
80 176
142 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
20 594
-
health
10 859
10 467
11 577
-
total
34 983
34 591
43 171
-
Employer
87 046
80 176
142 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
57 713
65 784
-
-
income
11 542
13 156
-
-
total
11 542
13 156
-
-
Dividends
46 172
52 628
-
-
income
9 812
11 184
-
-
withholding
6 925
7 895
-
-
total
16 737
19 079
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 503
80 865
60 619
71 292
After tax
81 497
79 135
99 381
88 708
Living cost
52 062
52 062
52 062
52 062
Free-cash
29 435
27 073
47 319
36 646

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87170
₽59572
₽66530
₽78969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
15 798
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
21 600
total
-
-
-
70 480
Employee
33 809
-
120 804
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
7 364
-
income
4 057
-
14 570
-
health
4 564
-
16 308
-
total
10 819
-
38 242
-
Employer
33 809
-
120 804
-
health
3 043
-
10 872
-
social contributions
8 452
-
28 324
-
total
11 495
-
39 196
-
Corporate
114 695
160 000
-
-
income
21 792
30 400
-
-
total
21 792
30 400
-
-
Dividends
92 903
129 600
-
-
withholding
13 935
19 440
-
-
total
13 935
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 041
49 840
77 438
70 480
After tax
101 959
110 160
82 562
89 520
Living cost
22 990
22 990
22 990
22 990
Free-cash
78 969
87 170
59 572
66 530

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45751
₽29938
₽37167
₽40846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 152
regional
-
-
-
1 882
municipal
-
-
-
951
national
-
-
-
39 231
total
-
-
-
83 216
Employee
83 442
-
160 000
-
municipal
442
-
848
-
national
14 458
-
33 984
-
regional
787
-
1 661
-
social contributions
28 137
-
53 952
-
total
43 824
-
90 445
-
Employer
83 442
-
160 000
-
total
-
-
-
-
Corporate
76 558
160 000
-
-
municipal
2 986
6 240
-
-
nationa
18 375
38 399
-
-
total
21 361
44 639
-
-
Dividends
55 197
115 361
-
-
withholding
14 352
29 993
-
-
total
14 352
29 993
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 537
74 632
90 445
83 216
After tax
80 463
85 368
69 555
76 784
Living cost
39 617
39 617
39 617
39 617
Free-cash
40 846
45 751
29 938
37 167

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79923
₽49291
₽55068
₽77000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 438
other
-
-
-
-
surtax
-
-
-
6 605
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
84 214
Employee
31 048
-
133 624
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
5 518
-
income
5 204
-
37 824
-
health
793
-
3 195
-
total
10 330
-
63 616
-
Employer
31 048
-
133 624
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
122 417
160 000
-
-
income
31 828
41 599
-
-
total
31 828
41 599
-
-
Dividends
90 588
118 401
-
-
withholding
13 589
17 760
-
-
total
13 589
17 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 282
59 359
89 991
84 214
After tax
97 718
100 641
70 009
75 786
Living cost
20 718
20 718
20 718
20 718
Free-cash
77 000
79 923
49 291
55 068

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62335
₽48993
₽63507
₽68559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 099
pensions
-
-
-
8 357
total
-
-
-
53 456
Employee
59 733
-
139 824
-
pensions
5 070
-
10 321
-
income
10 758
-
35 423
-
health
867
-
2 050
-
total
16 695
-
47 794
-
Employer
59 733
-
139 824
-
health
1 135
-
2 657
-
pensions
6 466
-
17 519
-
total
7 601
-
20 176
-
Corporate
92 666
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.

17 606
30 399
-
-
total
17 606
30 399
-
-
Dividends
75 061
129 601
-
-
withholding
6 502
24 229
-
-
total
6 502
24 229
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 404
54 628
67 970
53 456
After tax
111 596
105 372
92 030
106 544
Living cost
43 037
43 037
43 037
43 037
Free-cash
68 559
62 335
48 993
63 507

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
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.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1117
₽48218
₽55864
₽30665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 199
regional
-
-
-
7 597
health
-
-
-
361
city
-
-
-
1 686
national
-
-
-
2 293
pensions
-
-
-
14 720
total
-
-
-
29 856
Employee
86 926
-
143 210
-
unemployment
-
-
-
-
pensions
7 303
-
12 029
-
national
411
-
1 822
-
regional
2 846
-
6 576
-
city
933
-
1 538
-
health
197
-
322
-
total
11 690
-
22 287
-
Employer
86 926
-
143 210
-
health
197
-
322
-
pensions
7 303
-
12 029
-
unemployment
-
-
-
-
other

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

1 738
-
2 864
-
total
9 238
-
15 215
-
Corporate
62 880
160 000
-
-
regional
13 299
33 840
-
-
national
5 346
13 601
-
-
total
18 645
47 441
-
-
Dividends
44 236
112 559
-
-
withholding
15 482
39 396
-
-
total
15 482
39 396
-
-
Income
160 000
160 000
160 000
160 000
Total tax
55 055
86 837
37 502
29 856
After tax
104 945
73 163
122 498
130 144
Living cost
74 280
74 280
74 280
74 280
Free-cash
30 665
-1 117
48 218
55 864

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36052
₽59027
₽39074
₽51276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income

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

-
-
-
48 861
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.

-
-
-
2 687
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.

-
-
-
6 414
trade
-
-
-
19 953
total
-
-
-
77 915
Employee

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

56 425
-
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.

365
-
2 687
-
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.

6 635
-
48 861
-
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.

6 414
-
6 414
-
total
13 414
-
57 962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 575
160 000
-
-
income
15 536
23 999
-
-
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.

855
1 320
-
-
chamber of commerce
289
367
-
-
trade
17 764
27 440
-
-
total
34 444
53 126
-
-
Dividends
69 131
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.

930
1 450
-
-
withholding
16 926
26 362
-
-
total
17 856
27 812
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 714
80 938
57 962
77 915
After tax
94 286
79 062
102 038
82 085
Living cost
43 010
43 010
43 010
43 010
Free-cash
51 276
36 052
59 027
39 074

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48520
₽56393
₽58130
₽54063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 589
other
-
-
-
4 960
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 598
pensions
-
-
-
29 042
total
-
-
-
69 748
Employee
40 183
-
124 282
-
pensions
4 543
-
8 456
-
surtax
-
-
-
-
social contributions
1 146
-
3 542
-
income
2 371
-
23 769
-
total
8 060
-
35 767
-
Employer
40 183
-
124 282
-
health
2 813
-
11 277
-
pensions
6 601
-
14 267
-
unemployment
1 627
-
5 033
-
social contributions
121
-
372
-
other
1 386
-
4 769
-
total
12 548
-
35 718
-
Corporate
107 269
160 000
-
-
income
30 036
44 801
-
-
surtax
-
-
-
-
total
30 036
44 801
-
-
Dividends
77 233
115 199
-
-
surtax
-
-
-
-
social contributions
13 284
19 812
-
-
withholding
9 887
14 745
-
-
total
23 171
34 557
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 815
79 358
71 485
69 748
After tax
86 185
80 642
88 515
90 252
Living cost
32 122
32 122
32 122
32 122
Free-cash
54 063
48 520
56 393
58 130

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51702
₽59575
₽61312
₽56917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 589
other
-
-
-
4 960
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 598
pensions
-
-
-
29 042
total
-
-
-
69 748
Employee
35 869
-
124 282
-
pensions
4 057
-
8 456
-
surtax
-
-
-
-
social contributions
1 023
-
3 542
-
income
1 849
-
23 769
-
total
6 929
-
35 767
-
Employer
35 869
-
124 282
-
health
2 510
-
11 277
-
pensions
5 894
-
14 267
-
unemployment
1 452
-
5 033
-
social contributions
107
-
372
-
other
1 238
-
4 769
-
total
11 201
-
35 718
-
Corporate
112 930
160 000
-
-
income
31 620
44 801
-
-
surtax
-
-
-
-
total
31 620
44 801
-
-
Dividends
81 310
115 199
-
-
surtax
-
-
-
-
social contributions
13 986
19 812
-
-
withholding
10 407
14 745
-
-
total
24 393
34 557
-
-
Income
160 000
160 000
160 000
160 000
Total tax
74 143
79 358
71 485
69 748
After tax
85 857
80 642
88 515
90 252
Living cost
28 940
28 940
28 940
28 940
Free-cash
56 917
51 702
59 575
61 312

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77705
₽79700
₽82843
₽78191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
23 999
social contributions
-
-
-
22 081
health
-
-
-
11 168
total
-
-
-
57 248
Employee
31 834
-
160 000
-
social contributions
4 394
-
22 081
-
income
5 309
-
27 142
-
health
2 222
-
11 168
-
total
11 925
-
60 391
-
Employer
31 834
-
160 000
-
total
-
-
-
-
Corporate
128 166
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%.

6 409
8 000
-
-
total
6 409
8 000
-
-
Dividends
121 758
152 000
-
-
social contributions
16 803
20 976
-
-
withholding
18 264
22 800
-
-
health
8 499
10 610
-
-
total
43 566
54 386
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 900
62 386
60 391
57 248
After tax
98 100
97 614
99 609
102 752
Living cost
19 909
19 909
19 909
19 909
Free-cash
78 191
77 705
79 700
82 843

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55497
₽9405
₽49022
₽54042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 631
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
640
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
77 896
Employee
46 921
37 416
126 985
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
33 779
-
health
1 816
1 449
4 244
-
total
13 840
9 536
53 644
-
Employer
46 921
37 416
126 985
-
chamber of commerce
187
150
508
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
3 809
-
other
2 229
1 776
5 885
-
total
13 688
10 953
33 014
-
Corporate
99 392
111 630
123 422
-
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.

24 848
27 907
30 855
-
total
24 848
27 907
30 855
-
Dividends
74 544
83 724
-
-
withholding
20 500
23 025
-
-
total
20 500
23 025
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 876
71 421
117 513
77 896
After tax
87 124
88 579
42 487
82 104
Living cost
33 082
33 082
33 082
33 082
Free-cash
54 042
55 497
9 405
49 022

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55262
₽22403
₽35098
₽41180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
communal

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

-
-
-
8 196
social contributions
-
-
-
23 408
national
-
-
-
59 065
total
-
-
-
90 669
Employee

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

67 159
-
123 921
-
unemployment

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

584
-
1 078
-
communal

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

3 503
-
6 464
-
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.

5 037
-
9 293
-
national
20 647
-
44 632
-
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.

3 155
-
5 824
-
total
32 926
-
67 291
-
Employer

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

67 159
-
123 921
-
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.

4 130
-
7 620
-
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.

5 951
-
10 979
-
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.

873
-
1 612
-
unemployment

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

980
-
1 808
-
surtax
7 615
-
14 054
-
total
19 549
-
36 073
-
Corporate
73 293
160 000
-
-
income
14 658
31 999
-
-
surtax
294
640
-
-
total
14 952
32 639
-
-
Dividends
58 341
127 361
-
-
withholding

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

17 160
37 866
-
-
total
17 160
37 866
-
-
Income
160 000
160 000
160 000
160 000
Total tax
84 587
70 505
103 364
90 669
After tax
75 413
89 495
56 636
69 331
Living cost
34 233
34 233
34 233
34 233
Free-cash
41 180
55 262
22 403
35 098

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72810
₽52004
₽55945
₽66266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
784
income
-
-
-
44 041
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
70 148
Employee
46 735
-
132 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
40 818
-
total
12 829
-
46 345
-
Employer
46 735
-
132 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
98 368
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.

14 756
23 999
-
-
total
14 756
23 999
-
-
Dividends
83 612
136 001
-
-
withholding
17 345
29 284
-
-
total
17 345
29 284
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 827
53 283
74 089
70 148
After tax
100 173
106 717
85 911
89 852
Living cost
33 907
33 907
33 907
33 907
Free-cash
66 266
72 810
52 004
55 945

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42914
₽35064
₽28685
₽31164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
communal
-
-
-
10 111
accident
-
-
-
1 349
income
-
-
-
25 675
surtax
-
-
-
7 932
health
-
-
-
11 243
pensions
-
-
-
23 982
total
-
-
-
80 292
Employee
71 101
-
142 921
-
pensions
5 687
-
11 433
-
surtax
4 358
-
8 759
-
income
6 868
-
30 281
-
health
3 164
-
6 361
-
total
20 077
-
56 834
-
Employer
71 101
-
142 921
-
health
2 168
-
4 360
-
pensions
5 687
-
11 433
-
accident
640
-
1 286
-
total
8 495
-
17 079
-
Corporate
80 404
160 000
-
-
communal
5 427
10 801
-
-
income
12 060
23 999
-
-
surtax
845
1 680
-
-
total
18 332
36 480
-
-
Dividends
62 072
123 520
-
-
income
21 598
11 055
-
-
withholding
9 311
18 528
-
-
total
30 909
29 583
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 813
66 063
73 913
80 292
After tax
82 187
93 937
86 087
79 708
Living cost
51 023
51 023
51 023
51 023
Free-cash
31 164
42 914
35 064
28 685

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79553
₽48921
₽54698
₽76565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 438
other
-
-
-
-
surtax
-
-
-
6 605
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
84 214
Employee
31 618
-
133 624
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
5 518
-
income
5 301
-
37 824
-
health
807
-
3 195
-
total
10 530
-
63 616
-
Employer
31 618
-
133 624
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
121 725
160 000
-
-
income
31 648
41 599
-
-
total
31 648
41 599
-
-
Dividends
90 077
118 401
-
-
withholding
13 512
17 760
-
-
total
13 512
17 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 347
59 359
89 991
84 214
After tax
97 653
100 641
70 009
75 786
Living cost
21 088
21 088
21 088
21 088
Free-cash
76 565
79 553
48 921
54 698

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58809
₽43772
₽50962
₽56725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 152
regional
-
-
-
2 413
municipal
-
-
-
951
national
-
-
-
39 231
total
-
-
-
83 747
Employee
52 081
-
160 000
-
municipal
276
-
848
-
national
8 251
-
33 984
-
regional
701
-
2 153
-
social contributions
17 562
-
53 952
-
total
26 790
-
90 937
-
Employer
52 081
-
160 000
-
total
-
-
-
-
Corporate
107 919
160 000
-
-
municipal
5 363
7 952
-
-
nationa
25 901
38 399
-
-
total
31 264
46 351
-
-
Dividends
76 656
113 649
-
-
withholding
19 930
29 549
-
-
total
19 930
29 549
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 984
75 900
90 937
83 747
After tax
82 016
84 100
69 063
76 253
Living cost
25 291
25 291
25 291
25 291
Free-cash
56 725
58 809
43 772
50 962

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81830
₽54232
₽61190
₽71723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
15 798
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
21 600
total
-
-
-
70 480
Employee
41 662
-
120 804
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
7 364
-
income
4 999
-
14 570
-
health
5 624
-
16 308
-
total
13 331
-
38 242
-
Employer
41 662
-
120 804
-
health
3 750
-
10 872
-
social contributions
10 416
-
28 324
-
total
14 166
-
39 196
-
Corporate
104 173
160 000
-
-
income
19 793
30 400
-
-
total
19 793
30 400
-
-
Dividends
84 380
129 600
-
-
withholding
12 657
19 440
-
-
total
12 657
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 947
49 840
77 438
70 480
After tax
100 053
110 160
82 562
89 520
Living cost
28 330
28 330
28 330
28 330
Free-cash
71 723
81 830
54 232
61 190

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58727
₽12580
₽52335
₽58262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 631
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
640
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
77 711
Employee
41 041
37 416
127 160
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
33 863
-
health
1 587
1 449
4 244
-
total
11 087
9 536
53 728
-
Employer
41 041
37 416
127 160
-
chamber of commerce
164
150
508
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
3 815
-
other
1 949
1 776
5 890
-
total
11 811
10 768
32 840
-
Corporate
107 148
111 816
123 596
-
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.

26 788
27 953
30 898
-
total
26 788
27 953
30 898
-
Dividends
80 360
83 863
-
-
withholding
22 098
23 062
-
-
total
22 098
23 062
-
-
Income
160 000
160 000
160 000
160 000
Total tax
71 784
71 319
117 466
77 711
After tax
88 216
88 681
42 534
82 289
Living cost
29 954
29 954
29 954
29 954
Free-cash
58 262
58 727
12 580
52 335

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140233
₽116233
₽146633
₽138026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
160 000
-
income
2 942
-
32 000
-
total
2 942
-
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%.

145 291
160 000
-
-
total
-
-
-
-
Dividends
145 291
160 000
-
-
withholding
7 265
8 000
-
-
total
7 265
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
10 207
8 000
32 000
1 600
After tax
149 793
152 000
128 000
158 400
Living cost
11 767
11 767
11 767
11 767
Free-cash
138 026
140 233
116 233
146 633

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84978
₽48995
₽53233
₽77124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
160 000
income
-
-
-
36 378
unemployment
-
-
-
241
health
-
-
-
15 745
pensions
-
-
-
29 220
total
-
-
-
81 584
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.

41 517
-
138 443
-
unemployment
59
-
194
-
pensions
6 435
-
21 459
-
income
7 160
-
33 668
-
health
2 681
-
8 944
-
total
16 335
-
64 265
-
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.

41 517
-
138 443
-
health
2 765
-
9 220
-
pensions
3 674
-
12 253
-
unemployment
25
-
84
-
total
6 464
-
21 557
-
Corporate
112 019
160 000
-
-
income
21 284
30 399
-
-
total
21 284
30 399
-
-
Dividends
90 734
129 601
-
-
withholding
13 610
19 440
-
-
total
13 610
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 693
49 839
85 822
81 584
After tax
102 307
110 161
74 178
78 416
Living cost
25 183
25 183
25 183
25 183
Free-cash
77 124
84 978
48 995
53 233

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57243
₽107673
₽70472
₽13036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
31 187
social contributions
-
-
-
18 240
total
-
-
-
49 427
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
21 426
160 000
-
-
income
4 714
35 200
-
-
total
4 714
35 200
-
-
Dividends
16 712
124 800
-
-
income
3 677
27 456
-
-
total
3 677
27 456
-
-
Income
160 000
160 000
160 000
160 000
Total tax
106 863
62 656
12 226
49 427
After tax
53 137
97 344
147 774
110 573
Living cost
40 101
40 101
40 101
40 101
Free-cash
13 036
57 243
107 673
70 472

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61559
₽44451
₽56481
₽60613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income
-
-
-
18 469
surtax
-
-
-
-
social contributions

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

-
-
-
55 600
total
-
-
-
74 069
Employee
43 181
-
129 292
-
surtax
-
-
-
-
social contributions
4 750
-
14 222
-
income
8 982
-
41 169
-
total
13 732
-
55 391
-
Employer
43 181
-
129 292
-
social contributions
10 255
-
30 708
-
total
10 255
-
30 708
-
Corporate
106 563
160 000
-
-
income
22 378
33 599
-
-
surtax
-
-
-
-
total
22 378
33 599
-
-
Dividends
84 185
126 401
-
-
withholding
23 572
35 392
-
-
total
23 572
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 937
68 991
86 099
74 069
After tax
90 063
91 009
73 901
85 931
Living cost
29 450
29 450
29 450
29 450
Free-cash
60 613
61 559
44 451
56 481

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35295
₽43168
₽44905
₽41751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 589
other
-
-
-
4 960
surtax
-
-
-
-
social contributions
-
-
-
4 559
health
-
-
-
6 598
pensions
-
-
-
29 042
total
-
-
-
69 748
Employee
58 804
-
124 282
-
pensions
6 651
-
8 456
-
surtax
-
-
-
-
social contributions
1 675
-
3 542
-
income
5 131
-
23 769
-
total
13 457
-
35 767
-
Employer
58 804
-
124 282
-
health
4 116
-
11 277
-
pensions
9 662
-
14 267
-
unemployment
2 382
-
5 033
-
social contributions
176
-
372
-
other
2 029
-
4 769
-
total
18 365
-
35 718
-
Corporate
82 830
160 000
-
-
income
23 192
44 801
-
-
surtax
-
-
-
-
total
23 192
44 801
-
-
Dividends
59 638
115 199
-
-
surtax
-
-
-
-
social contributions
10 255
19 812
-
-
withholding
7 633
14 745
-
-
total
17 888
34 557
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 902
79 358
71 485
69 748
After tax
87 098
80 642
88 515
90 252
Living cost
45 347
45 347
45 347
45 347
Free-cash
41 751
35 295
43 168
44 905

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115778
₽94052
₽89800
₽112624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 779
social contributions
-
-
-
35 199
total
-
-
-
41 978
Employee
30 184
-
138 527
-
income
-
-
7 252
-
social contributions
1 962
-
9 003
-
total
1 962
-
16 255
-
Employer
30 184
-
138 527
-
social contributions
4 679
-
21 471
-
total
4 679
-
21 471
-
Corporate
125 137
160 000
-
-
income
12 513
16 000
-
-
total
12 513
16 000
-
-
Dividends
112 624
144 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
19 154
16 000
37 726
41 978
After tax
140 846
144 000
122 274
118 022
Living cost
28 222
28 222
28 222
28 222
Free-cash
112 624
115 778
94 052
89 800

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44558
-₽44558
₽49459
-₽44558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 735
municipal
-
-
-
33 169
national
-
-
-
18 607
pensions
-
-
-
814
total
-
-
-
65 325
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
159 342
159 342
159 342
65 325
After tax
658
658
658
94 675
Living cost
45 216
45 216
45 216
45 216
Free-cash
-44 558
-44 558
-44 558
49 459

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7662
₽66021
₽88781
₽9797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
240
income
-
-
-
43 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
50 597
Employee
32 441
-
143 601
-
pensions
3 653
-
7 259
-
income
4 450
-
33 258
-
health
3 715
-
16 442
-
total
11 818
-
56 959
-
Employer
32 441
-
143 601
-
pensions
5 275
-
10 482
-
accident
542
-
2 398
-
unemployment
795
-
3 518
-
total
6 612
-
16 398
-
Corporate
120 948
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.

108 853
144 000
-
-
total
108 853
144 000
-
-
Dividends
12 095
16 000
-
-
withholding
2 298
3 040
-
-
total
2 298
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
129 581
147 040
73 357
50 597
After tax
30 419
12 960
86 643
109 403
Living cost
20 622
20 622
20 622
20 622
Free-cash
9 797
-7 662
66 021
88 781

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64547
₽48230
₽67935
₽66778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 072
municipal
-
-
-
28 427
national
-
-
-
25 520
total
-
-
-
56 019
Employee
49 396
-
134 600
-
municipal
8 091
-
21 927
-
unemployment
741
-
2 019
-
pensions
3 334
-
9 085
-
national
816
-
15 613
-
health
369
-
1 680
-
total
13 351
-
50 324
-
Employer
49 396
-
134 600
-
health
380
-
1 037
-
pensions
8 570
-
23 353
-
accident
50
-
135
-
unemployment
321
-
875
-
total
9 321
-
25 400
-
Corporate
101 284
160 000
-
-
income
20 256
31 999
-
-
total
20 256
31 999
-
-
Dividends

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

60 771
96 001
-
-
municipal
10 938
17 281
-
-
national
3 310
10 127
-
-
total
14 248
27 408
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 176
59 407
75 724
56 019
After tax
102 824
100 593
84 276
103 981
Living cost
36 046
36 046
36 046
36 046
Free-cash
66 778
64 547
48 230
67 935

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and 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

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
₽95001
₽86470
₽87891
₽89890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
31 100
social contributions
-
-
-
15 191
health
-
-
-
4 080
total
-
-
-
50 371
Employee
72 195
72 195
149 158
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
30 333
-
health
559
1 228
2 535
-
total
11 150
13 903
40 950
-
Employer
72 195
72 195
149 158
-
health
608
1 336
2 760
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 842
-
Corporate
123 775
80 477
-
-
income
15 472
10 059
-
-
total
15 472
10 059
-
-
Dividends
108 303
70 417
-
-
withholding
18 412
11 971
-
-
total
18 412
11 971
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 372
43 261
51 792
50 371
After tax
111 628
116 739
108 208
109 629
Living cost
21 738
21 738
21 738
21 738
Free-cash
89 890
95 001
86 470
87 891

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117589
₽100631
₽119461
₽112812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
160 000
income
-
-
-
16 235
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
25 632
Employee

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

21 550
-
150 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
13 906
-
health
1 832
-
7 572
-
total
6 644
-
35 286
-
Employer

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

21 550
-
150 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
136 231
160 000
-
-
income
12 262
14 400
-
-
total
12 262
14 400
-
-
Dividends
123 970
145 600
-
-
withholding
11 157
13 104
-
-
total
11 157
13 104
-
-
Income
160 000
160 000
160 000
160 000
Total tax
32 281
27 504
44 462
25 632
After tax
127 719
132 496
115 538
134 368
Living cost
14 907
14 907
14 907
14 907
Free-cash
112 812
117 589
100 631
119 461

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80899
₽60093
₽64034
₽76749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
784
income
-
-
-
44 041
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
70 148
Employee
34 716
-
132 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
40 818
-
total
8 897
-
46 345
-
Employer
34 716
-
132 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
114 216
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.

17 133
23 999
-
-
total
17 133
23 999
-
-
Dividends
97 083
136 001
-
-
withholding
20 335
29 284
-
-
total
20 335
29 284
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 433
53 283
74 089
70 148
After tax
102 567
106 717
85 911
89 852
Living cost
25 818
25 818
25 818
25 818
Free-cash
76 749
80 899
60 093
64 034

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97943
₽100855
₽100989
₽97631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
54 727
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
57 114
Employee
2 889
-
158 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
54 654
-
health
144
-
346
-
total
992
-
55 692
-
Employer
2 889
-
158 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
156 460
160 000
-
-
income
34 421
35 200
-
-
total
34 421
35 200
-
-
Dividends
122 039
124 800
-
-
withholding
24 408
24 960
-
-
total
24 408
24 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 472
60 160
57 248
57 114
After tax
99 528
99 840
102 752
102 886
Living cost
1 897
1 897
1 897
1 897
Free-cash
97 631
97 943
100 855
100 989

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99355
₽81437
₽81438
₽94730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
160 000
income
-
-
-
36 076
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
62 317
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.

24 497
-
147 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
36 076
-
health
1 262
-
3 575
-
total
8 253
-
49 891
-
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.

24 497
-
147 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
131 118
160 000
-
-
income
19 668
24 000
-
-
total
19 668
24 000
-
-
Dividends
111 451
136 000
-
-
withholding
16 718
20 400
-
-
total
16 718
20 400
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 025
44 400
62 318
62 317
After tax
110 975
115 600
97 682
97 683
Living cost
16 245
16 245
16 245
16 245
Free-cash
94 730
99 355
81 437
81 438

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65698
₽48589
₽60620
₽65358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income
-
-
-
18 469
surtax
-
-
-
-
social contributions

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

-
-
-
55 600
total
-
-
-
74 069
Employee
36 440
-
129 292
-
surtax
-
-
-
-
social contributions
4 009
-
14 222
-
income
7 120
-
41 169
-
total
11 129
-
55 391
-
Employer
36 440
-
129 292
-
social contributions
8 654
-
30 708
-
total
8 654
-
30 708
-
Corporate
114 906
160 000
-
-
income
24 130
33 599
-
-
surtax
-
-
-
-
total
24 130
33 599
-
-
Dividends
90 777
126 401
-
-
withholding
25 418
35 392
-
-
total
25 418
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 331
68 991
86 099
74 069
After tax
90 669
91 009
73 901
85 931
Living cost
25 312
25 312
25 312
25 312
Free-cash
65 358
65 698
48 589
60 620

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73721
₽52915
₽56856
₽67498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
784
income
-
-
-
44 041
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
70 148
Employee
45 344
-
132 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
40 818
-
total
12 349
-
46 345
-
Employer
45 344
-
132 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
100 200
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.

15 030
23 999
-
-
total
15 030
23 999
-
-
Dividends
85 169
136 001
-
-
withholding
17 671
29 284
-
-
total
17 671
29 284
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 506
53 283
74 089
70 148
After tax
100 494
106 717
85 911
89 852
Living cost
32 996
32 996
32 996
32 996
Free-cash
67 498
73 721
52 915
56 856

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120649
₽117307
₽111092
₽114926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
income
-
-
-
24 000
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
32 757
Employee
21 387
-
153 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
15 357
-
health
984
-
1 509
-
total
5 236
-
20 107
-
Employer
21 387
-
153 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
134 417
160 000
-
-
income
13 442
16 000
-
-
total
13 442
16 000
-
-
Dividends
120 975
144 000
-
-
withholding
6 049
7 200
-
-
total
6 049
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
28 923
23 200
26 542
32 757
After tax
131 077
136 800
133 458
127 243
Living cost
16 151
16 151
16 151
16 151
Free-cash
114 926
120 649
117 307
111 092

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46104
₽65790
₽49094
₽58388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
income

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

-
-
-
48 861
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.

-
-
-
2 687
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.

-
-
-
6 414
trade
-
-
-
16 696
total
-
-
-
74 658
Employee

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

46 715
-
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.

212
-
2 687
-
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.

3 841
-
48 861
-
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.

6 414
-
6 414
-
total
10 467
-
57 962
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 285
160 000
-
-
income
16 992
23 999
-
-
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.

935
1 320
-
-
chamber of commerce
308
378
-
-
trade
16 256
22 961
-
-
total
34 491
48 658
-
-
Dividends
78 793
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.

1 064
1 511
-
-
withholding
19 342
27 479
-
-
total
20 406
28 990
-
-
Income
160 000
160 000
160 000
160 000
Total tax
65 364
77 648
57 962
74 658
After tax
94 636
82 352
102 038
85 342
Living cost
36 248
36 248
36 248
36 248
Free-cash
58 388
46 104
65 790
49 094

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
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.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58518
₽31466
₽31466
₽60590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 482
social contributions
-
-
-
26 569
total
-
-
-
75 051
Employee
73 441
-
160 000
-
income
13 858
-
48 482
-
social contributions
6 101
-
26 569
-
total
19 959
-
75 051
-
Employer
73 441
-
160 000
-
total
-
-
-
-
Corporate
86 559
160 000
-
-
income
10 820
20 000
-
-
total
10 820
20 000
-
-
Dividends
75 738
140 000
-
-
withholding
15 148
27 999
-
-
total
15 148
27 999
-
-
Income
160 000
160 000
160 000
160 000
Total tax
45 927
47 999
75 051
75 051
After tax
114 073
112 001
84 949
84 949
Living cost
53 483
53 483
53 483
53 483
Free-cash
60 590
58 518
31 466
31 466

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64957
₽80009
₽93513
₽68240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
155 681
-
income
4 673
-
37 271
-
social contributions
4 315
-
4 319
-
total
8 988
-
41 590
-
Employer
43 070
-
155 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
112 615
160 000
-
-
income
39 415
56 001
-
-
total
39 415
56 001
-
-
Dividends
73 200
103 999
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 678
60 961
45 909
32 405
After tax
102 322
99 039
114 091
127 595
Living cost
34 082
34 082
34 082
34 082
Free-cash
68 240
64 957
80 009
93 513

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70384
₽57042
₽71556
₽75963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 099
pensions
-
-
-
8 357
total
-
-
-
53 456
Employee
48 026
-
139 824
-
pensions
3 666
-
10 321
-
income
8 746
-
35 423
-
health
626
-
2 050
-
total
13 038
-
47 794
-
Employer
48 026
-
139 824
-
health
913
-
2 657
-
pensions
4 852
-
17 519
-
total
5 765
-
20 176
-
Corporate
106 209
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.

20 180
30 399
-
-
total
20 180
30 399
-
-
Dividends
86 029
129 601
-
-
withholding
10 066
24 229
-
-
total
10 066
24 229
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 049
54 628
67 970
53 456
After tax
110 951
105 372
92 030
106 544
Living cost
34 988
34 988
34 988
34 988
Free-cash
75 963
70 384
57 042
71 556

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9704
₽63979
₽86739
₽9484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
accident
-
-
-
240
income
-
-
-
43 970
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
50 597
Employee
35 652
-
143 601
-
pensions
4 014
-
7 259
-
income
4 891
-
33 258
-
health
4 082
-
16 442
-
total
12 987
-
56 959
-
Employer
35 652
-
143 601
-
pensions
5 797
-
10 482
-
accident
595
-
2 398
-
unemployment
873
-
3 518
-
total
7 265
-
16 398
-
Corporate
117 083
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.

105 375
144 000
-
-
total
105 375
144 000
-
-
Dividends
11 708
16 000
-
-
withholding
2 225
3 040
-
-
total
2 225
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
127 852
147 040
73 357
50 597
After tax
32 148
12 960
86 643
109 403
Living cost
22 664
22 664
22 664
22 664
Free-cash
9 484
-9 704
63 979
86 739

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121953
₽100361
₽79710
₽117558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 298
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
67 603
Employee

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

20 298
-
160 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
26 298
-
total
7 612
-
46 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 702
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%.

1 397
1 600
-
-
total
1 397
1 600
-
-
Dividends
138 305
158 400
-
-
withholding
20 746
23 760
-
-
total
20 746
23 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
29 755
25 360
46 952
67 603
After tax
130 245
134 640
113 048
92 397
Living cost
12 687
12 687
12 687
12 687
Free-cash
117 558
121 953
100 361
79 710

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽46875
₽30461
₽37486
₽42604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 152
regional
-
-
-
3 659
municipal
-
-
-
1 069
national
-
-
-
39 231
total
-
-
-
85 111
Employee
79 116
-
160 000
-
municipal
472
-
955
-
national
13 370
-
33 984
-
regional
1 194
-
3 245
-
social contributions
26 677
-
53 952
-
total
41 713
-
92 136
-
Employer
79 116
-
160 000
-
total
-
-
-
-
Corporate
80 884
160 000
-
-
municipal
3 898
7 711
-
-
nationa
19 412
38 399
-
-
total
23 310
46 110
-
-
Dividends
57 574
113 890
-
-
withholding
14 970
29 612
-
-
total
14 970
29 612
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 993
75 722
92 136
85 111
After tax
80 007
84 278
67 864
74 889
Living cost
37 403
37 403
37 403
37 403
Free-cash
42 604
46 875
30 461
37 486

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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