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
₽54713
₽72591
₽61500
₽50438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
trade
-
-
-
17 878
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.

-
-
-
6 831
income

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

-
-
-
47 670
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.

-
-
-
2 622
total
-
-
-
75 001
Employee

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

38 244
-
160 000
-
surtax

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

59
-
2 622
-
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.

1 068
-
47 670
-
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.

6 831
-
6 831
-
total
7 958
-
57 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 756
160 000
-
-
trade
19 176
25 200
-
-
surtax

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

1 004
1 321
-
-
income
18 263
23 999
-
-
chamber of commerce
326
381
-
-
total
38 769
50 901
-
-
Dividends
82 987
109 098
-
-
surtax

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

1 120
1 480
-
-
withholding
20 367
26 895
-
-
total
21 487
28 375
-
-
Income
160 000
160 000
160 000
160 000
Total tax
68 214
79 276
57 123
75 001
After tax
91 786
80 724
102 877
84 999
Living cost
30 286
30 286
30 286
30 286
Free-cash
61 500
50 438
72 591
54 713

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44225
₽45481
₽48558
₽49398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 420
national
-
-
-
26 993
pensions
-
-
-
19 200
total
-
-
-
65 333
Employee
78 195
-
138 319
-
pensions
3 128
-
5 533
-
national
14 966
-
27 953
-
municipal
9 658
-
18 039
-
total
27 752
-
51 525
-
Employer
78 195
-
138 319
-
pensions
6 256
-
11 065
-
social contributions
841
-
1 487
-
total
7 097
-
12 552
-
Corporate
69 548
160 000
-
-
income

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

13 910
32 000
-
-
total
13 910
32 000
-
-
Dividends
55 639
128 000
-
-
withholding
12 241
28 160
-
-
total
12 241
28 160
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 000
60 160
64 077
65 333
After tax
99 000
99 840
95 923
94 667
Living cost
50 442
50 442
50 442
50 442
Free-cash
48 558
49 398
45 481
44 225

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33027
₽75451
₽98996
₽107197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
160 000
social contributions

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

-
-
-
38 310
income
-
-
-
27 062
microenterprise
-
-
-
-
surtax
-
-
-
40 799
total
-
-
-
106 171
Employee
29 217
-
116 787
-
income
5 201
-
22 767
-
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.

3 214
-
12 846
-
surtax
-
-
-
-
total
8 415
-
35 613
-
Employer
29 217
-
116 787
-
social contributions

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

7 038
-
28 134
-
surtax
-
-
-
-
total
7 038
-
28 134
-
Corporate
123 745
160 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

24 749
32 001
-
-
total
24 749
32 001
-
-
Dividends

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

98 996
127 999
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
40 202
32 001
63 747
106 171
After tax
119 798
127 999
96 253
53 829
Living cost
20 802
20 802
20 802
20 802
Free-cash
98 996
107 197
75 451
33 027

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47567
₽56326
₽30963
₽37088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
health
-
-
-
12 330
income
-
-
-
46 501
pensions
-
-
-
11 715
total
-
-
-
70 546
Employee
85 386
85 386
141 418
-
income

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

13 976
13 976
19 160
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
43 205
-
Employer
85 386
85 386
141 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
60 709
59 662
-
-
income
12 142
11 933
-
-
total
12 142
11 933
-
-
Dividends
48 567
47 728
-
-
withholding
7 284
7 159
-
-
income
10 320
10 142
-
-
total
17 604
17 301
-
-
Income
160 000
160 000
160 000
160 000
Total tax
87 150
81 025
61 787
70 546
After tax
72 850
78 975
98 213
89 454
Living cost
41 887
41 887
41 887
41 887
Free-cash
30 963
37 088
56 326
47 567

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44312
₽43379
₽48050
₽48912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
40 432
health
-
-
-
5 258
national
-
-
-
12 397
pensions
-
-
-
9 109
total
-
-
-
77 240
Employee
54 785
-
133 524
-
national
-
-
11 880
-
municipal
16 337
-
39 817
-
total
16 337
-
51 697
-
Employer
54 785
-
133 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
88 002
160 000
-
-
income
19 360
35 200
-
-
total
19 360
35 200
-
-
Dividends
68 641
124 800
-
-
withholding
20 592
37 440
-
-
total
20 592
37 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 502
72 640
78 173
77 240
After tax
86 498
87 360
81 827
82 760
Living cost
38 448
38 448
38 448
38 448
Free-cash
48 050
48 912
43 379
44 312

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44924
₽63597
₽54671
₽40622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
trade
-
-
-
18 673
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.

-
-
-
6 831
income

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

-
-
-
47 670
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.

-
-
-
2 622
total
-
-
-
75 796
Employee

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

50 706
-
160 000
-
surtax

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

239
-
2 622
-
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.

4 357
-
47 670
-
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.

6 831
-
6 831
-
total
11 427
-
57 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 294
160 000
-
-
trade
17 979
26 320
-
-
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.

901
1 321
-
-
income
16 394
23 999
-
-
chamber of commerce
307
379
-
-
total
35 581
52 019
-
-
Dividends
73 712
107 981
-
-
surtax

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

992
1 463
-
-
withholding
18 049
26 616
-
-
total
19 041
28 079
-
-
Income
160 000
160 000
160 000
160 000
Total tax
66 049
80 098
57 123
75 796
After tax
93 951
79 902
102 877
84 204
Living cost
39 280
39 280
39 280
39 280
Free-cash
54 671
40 622
63 597
44 924

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77737
₽76287
₽80197
₽84344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
4 080
income
-
-
-
29 574
total
-
-
-
49 832
Employee
76 887
76 887
148 644
-
income
8 074
7 117
28 792
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 527
-
total
12 575
14 805
39 926
-
Employer
76 887
76 887
148 644
-
health
833
1 423
2 749
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 356
-
Corporate
110 425
75 309
-
-
income
13 802
9 413
-
-
total
13 802
9 413
-
-
Dividends
96 623
65 896
-
-
withholding
16 426
11 203
-
-
total
16 426
11 203
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 372
43 225
51 282
49 832
After tax
112 628
116 775
108 718
110 168
Living cost
32 431
32 431
32 431
32 431
Free-cash
80 197
84 344
76 287
77 737

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92604
₽74518
₽72059
₽71679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 400
health
-
-
-
11 200
income
-
-
-
19 560
pensions
-
-
-
16 000
total
-
-
-
49 160
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
133 891
-
income
3 218
1 281
16 368
-
pensions
2 632
1 048
13 389
-
unemployment
395
157
2 008
-
health
1 843
733
9 372
-
total
8 088
3 219
41 137
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
133 891
-
pensions
5 133
2 043
26 109
-
total
5 133
2 043
26 109
-
Corporate
128 544
147 481
-
-
income
11 569
13 273
-
-
total
11 569
13 273
-
-
Dividends
116 975
134 208
-
-
social contributions
22 690
26 051
-
-
withholding
22 225
25 499
-
-
total
44 915
51 550
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 705
70 085
67 246
49 160
After tax
90 295
89 915
92 754
110 840
Living cost
18 236
18 236
18 236
18 236
Free-cash
72 059
71 679
74 518
92 604

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61608
₽68071
₽97639
₽103848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
health
-
-
-
20 800
income
-
-
-
21 440
pensions
-
-
-
32 001
total
-
-
-
74 241
Employee
28 365
-
119 582
-
income
3 193
-
23 056
-
pensions
567
-
2 391
-
unemployment
453
-
1 913
-
total
4 213
-
27 360
-
Employer
28 365
-
119 582
-
pensions
5 673
-
23 916
-
health
3 687
-
15 546
-
unemployment
228
-
956
-
total
9 588
-
40 418
-
Corporate
122 047
160 000
-
-
income
24 409
32 001
-
-
total
24 409
32 001
-
-
Dividends
97 638
127 999
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
38 210
32 001
67 778
74 241
After tax
121 790
127 999
92 222
85 759
Living cost
24 151
24 151
24 151
24 151
Free-cash
97 639
103 848
68 071
61 608

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87518
₽64452
₽9599
-₽8954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
43 630
pensions
-
-
-
4 145
total
-
-
-
50 568
Employee
34 472
-
143 129
-
income
4 729
-
32 776
-
pensions
3 882
-
7 599
-
health
3 947
-
16 388
-
total
12 558
-
56 763
-
Employer
34 472
-
143 129
-
pensions
5 605
-
10 974
-
accident
575
-
2 390
-
unemployment
845
-
3 507
-
total
7 025
-
16 871
-
Corporate
118 503
160 000
-
-
income

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

106 653
144 000
-
-
total
106 653
144 000
-
-
Dividends
11 850
16 000
-
-
withholding
2 251
3 040
-
-
total
2 251
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
128 487
147 040
73 634
50 568
After tax
31 513
12 960
86 366
109 432
Living cost
21 914
21 914
21 914
21 914
Free-cash
9 599
-8 954
64 452
87 518

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149389
₽118989
₽141300
₽142989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
160 000
-
income
2 252
-
32 000
-
total
2 252
-
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%.

148 737
160 000
-
-
total
-
-
-
-
Dividends
148 737
160 000
-
-
withholding
7 437
8 000
-
-
total
7 437
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
9 689
8 000
32 000
1 600
After tax
150 311
152 000
128 000
158 400
Living cost
9 011
9 011
9 011
9 011
Free-cash
141 300
142 989
118 989
149 389

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59785
₽64429
₽84158
₽90909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
23 168
pensions

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

-
-
-
36 492
total
-
-
-
73 572
Employee
36 305
-
127 794
-
income
6 250
-
24 715
-
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.

2 541
-
8 945
-
unemployment
362
-
1 277
-
health
509
-
1 789
-
total
9 662
-
36 726
-
Employer
36 305
-
127 794
-
pensions

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

6 172
-
21 724
-
other
1 816
-
6 389
-
accident
290
-
1 023
-
health
509
-
1 789
-
unemployment
362
-
1 277
-
total
9 149
-
32 202
-
Corporate
114 545
160 000
-
-
income
24 054
33 600
-
-
total
24 054
33 600
-
-
Dividends
90 491
126 400
-
-
withholding
6 334
8 848
-
-
total
6 334
8 848
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 199
42 448
68 928
73 572
After tax
110 801
117 552
91 072
86 428
Living cost
26 643
26 643
26 643
26 643
Free-cash
84 158
90 909
64 429
59 785

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40136
₽25558
₽38816
₽39329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 907
pensions
-
-
-
8 704
total
-
-
-
52 611
Employee
95 153
-
139 929
-
income
17 152
-
34 190
-
pensions
9 180
-
10 832
-
health
1 568
-
2 095
-
total
27 900
-
47 117
-
Employer
95 153
-
139 929
-
pensions
11 235
-
17 414
-
health
1 807
-
2 658
-
total
13 042
-
20 072
-
Corporate
51 805
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.

9 842
30 400
-
-
total
9 842
30 400
-
-
Dividends
41 963
129 600
-
-
withholding
3 147
23 018
-
-
total
3 147
23 018
-
-
Income
160 000
160 000
160 000
160 000
Total tax
53 931
53 418
67 189
52 611
After tax
106 069
106 582
92 811
107 389
Living cost
67 253
67 253
67 253
67 253
Free-cash
38 816
39 329
25 558
40 136

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽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

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
₽113569
₽119671
₽119050
₽123693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
24 000
pensions

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

-
-
-
5 168
total
-
-
-
33 324
Employee
17 356
-
153 149
-
income
1 735
-
15 315
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
20 371
-
Employer
17 356
-
153 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
139 238
160 000
-
-
income
13 923
16 000
-
-
total
13 923
16 000
-
-
Dividends
125 315
144 000
-
-
withholding
6 266
7 200
-
-
total
6 266
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
27 843
23 200
27 222
33 324
After tax
132 157
136 800
132 778
126 676
Living cost
13 107
13 107
13 107
13 107
Free-cash
119 050
123 693
119 671
113 569

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34009
₽42768
₽26044
₽23530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
health
-
-
-
12 330
income
-
-
-
46 501
pensions
-
-
-
11 715
total
-
-
-
70 546
Employee
92 702
85 386
141 418
-
income

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

13 976
13 976
19 160
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
43 205
-
Employer
92 702
85 386
141 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
51 067
59 662
-
-
income
10 214
11 933
-
-
total
10 214
11 933
-
-
Dividends
40 853
47 728
-
-
withholding
6 129
7 159
-
-
income
8 681
10 142
-
-
total
14 810
17 301
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 511
81 025
61 787
70 546
After tax
81 489
78 975
98 213
89 454
Living cost
55 445
55 445
55 445
55 445
Free-cash
26 044
23 530
42 768
34 009

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64259
₽57423
₽77582
₽86148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
21 600
income
-
-
-
15 577
solidarity contribution
-
-
-
-
total
-
-
-
71 729
Employee
35 311
-
119 649
-
income
4 237
-
14 371
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 691
-
health
4 767
-
16 153
-
total
11 299
-
38 215
-
Employer
35 311
-
119 649
-
health
3 178
-
10 768
-
social contributions
8 828
-
29 582
-
total
12 006
-
40 350
-
Corporate
112 683
160 000
-
-
income
21 410
30 400
-
-
total
21 410
30 400
-
-
Dividends
91 273
129 600
-
-
withholding
13 691
19 440
-
-
total
13 691
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 406
49 840
78 565
71 729
After tax
101 594
110 160
81 435
88 271
Living cost
24 012
24 012
24 012
24 012
Free-cash
77 582
86 148
57 423
64 259

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35220
₽27993
₽37954
₽43175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
951
national
-
-
-
38 614
regional
-
-
-
1 871
total
-
-
-
82 588
Employee
88 864
-
160 000
-
national
15 398
-
33 365
-
social contributions
29 965
-
53 953
-
municipal
471
-
848
-
regional
838
-
1 649
-
total
46 672
-
89 815
-
Employer
88 864
-
160 000
-
total
-
-
-
-
Corporate
71 136
160 000
-
-
nationa
17 073
38 399
-
-
municipal
2 774
6 241
-
-
total
19 847
44 640
-
-
Dividends
51 289
115 360
-
-
withholding
13 335
29 993
-
-
total
13 335
29 993
-
-
Income
160 000
160 000
160 000
160 000
Total tax
79 854
74 633
89 815
82 588
After tax
80 146
85 367
70 185
77 412
Living cost
42 192
42 192
42 192
42 192
Free-cash
37 954
43 175
27 993
35 220

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53863
₽47778
₽75465
₽78576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
41 583
surtax
-
-
-
6 098
pensions
-
-
-
26 690
total
-
-
-
84 073
Employee
33 066
-
132 177
-
income
5 543
-
35 815
-
pensions
2 205
-
8 816
-
unemployment
2 302
-
9 199
-
health
844
-
3 372
-
other
-
-
-
-
surtax
108
-
5 133
-
total
11 002
-
62 335
-
Employer
33 066
-
132 177
-
pensions
4 408
-
17 620
-
other
-
-
-
-
health
1 505
-
6 013
-
unemployment
1 047
-
4 190
-
total
6 960
-
27 823
-
Corporate
119 974
160 000
-
-
income
31 193
41 600
-
-
total
31 193
41 600
-
-
Dividends
88 782
118 400
-
-
withholding
13 316
17 760
-
-
total
13 316
17 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 471
59 360
90 158
84 073
After tax
97 529
100 640
69 842
75 927
Living cost
22 064
22 064
22 064
22 064
Free-cash
75 465
78 576
47 778
53 863

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61443
₽46865
₽66020
₽60636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 907
pensions
-
-
-
8 704
total
-
-
-
52 611
Employee
63 769
-
139 929
-
income
11 485
-
34 190
-
pensions
5 413
-
10 832
-
health
926
-
2 095
-
total
17 824
-
47 117
-
Employer
63 769
-
139 929
-
pensions
6 903
-
17 414
-
health
1 211
-
2 658
-
total
8 114
-
20 072
-
Corporate
88 116
160 000
-
-
income

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

16 743
30 400
-
-
total
16 743
30 400
-
-
Dividends
71 374
129 600
-
-
withholding
5 353
23 018
-
-
total
5 353
23 018
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 034
53 418
67 189
52 611
After tax
111 966
106 582
92 811
107 389
Living cost
45 946
45 946
45 946
45 946
Free-cash
66 020
60 636
46 865
61 443

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54761
₽47018
₽29921
-₽2419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
359
city
-
-
-
1 687
national
-
-
-
2 186
regional
-
-
-
7 507
pensions
-
-
-
14 720
total
-
-
-
29 658
Employee
88 449
-
143 207
-
pensions
7 431
-
12 028
-
national
419
-
1 788
-
unemployment
-
-
-
-
city
949
-
1 539
-
health
200
-
322
-
regional
2 896
-
6 511
-
total
11 895
-
22 188
-
Employer
88 449
-
143 207
-
pensions
7 431
-
12 028
-
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.

1 768
-
2 863
-
health
200
-
322
-
unemployment
-
-
-
-
total
9 399
-
15 213
-
Corporate
61 179
160 000
-
-
regional
12 940
33 841
-
-
national
5 200
13 600
-
-
total
18 140
47 441
-
-
Dividends
43 039
112 559
-
-
withholding
15 064
39 397
-
-
total
15 064
39 397
-
-
Income
160 000
160 000
160 000
160 000
Total tax
54 498
86 838
37 401
29 658
After tax
105 502
73 162
122 599
130 342
Living cost
75 581
75 581
75 581
75 581
Free-cash
29 921
-2 419
47 018
54 761

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37604
₽57072
₽49489
₽33275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
trade
-
-
-
19 468
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.

-
-
-
6 831
income

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

-
-
-
47 670
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.

-
-
-
2 622
total
-
-
-
76 591
Employee

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

60 091
-
160 000
-
surtax

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

389
-
2 622
-
income

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

7 066
-
47 670
-
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.

6 831
-
6 831
-
total
14 286
-
57 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 909
160 000
-
-
trade
17 134
27 439
-
-
surtax

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

824
1 321
-
-
income
14 986
23 999
-
-
chamber of commerce
292
378
-
-
total
33 236
53 137
-
-
Dividends
66 672
106 863
-
-
surtax

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

896
1 448
-
-
withholding
16 288
26 335
-
-
total
17 184
27 783
-
-
Income
160 000
160 000
160 000
160 000
Total tax
64 706
80 920
57 123
76 591
After tax
95 294
79 080
102 877
83 409
Living cost
45 805
45 805
45 805
45 805
Free-cash
49 489
33 275
57 072
37 604

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56216
₽55517
₽52338
₽46432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 558
health
-
-
-
6 264
income
-
-
-
23 727
surtax
-
-
-
-
pensions
-
-
-
30 066
total
-
-
-
69 575
Employee
42 794
-
124 882
-
income
2 526
-
23 352
-
pensions
4 839
-
8 246
-
social contributions
1 220
-
3 558
-
surtax
-
-
-
-
total
8 585
-
35 156
-
Employer
42 794
-
124 882
-
pensions
7 030
-
13 962
-
other
1 476
-
4 686
-
health
2 996
-
11 039
-
unemployment
1 732
-
5 057
-
social contributions
129
-
374
-
total
13 363
-
35 118
-
Corporate
103 842
160 000
-
-
surtax
-
-
-
-
income
29 075
44 799
-
-
total
29 075
44 799
-
-
Dividends
74 767
115 201
-
-
surtax
-
-
-
-
social contributions
12 859
19 815
-
-
withholding
9 571
14 745
-
-
total
22 430
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 453
79 359
70 274
69 575
After tax
86 547
80 641
89 726
90 425
Living cost
34 209
34 209
34 209
34 209
Free-cash
52 338
46 432
55 517
56 216

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59605
₽58906
₽55374
₽49821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 558
health
-
-
-
6 264
income
-
-
-
23 727
surtax
-
-
-
-
pensions
-
-
-
30 066
total
-
-
-
69 575
Employee
38 199
-
124 882
-
income
1 970
-
23 352
-
pensions
4 321
-
8 246
-
social contributions
1 089
-
3 558
-
surtax
-
-
-
-
total
7 380
-
35 156
-
Employer
38 199
-
124 882
-
pensions
6 277
-
13 962
-
other
1 319
-
4 686
-
health
2 674
-
11 039
-
unemployment
1 546
-
5 057
-
social contributions
114
-
374
-
total
11 930
-
35 118
-
Corporate
109 871
160 000
-
-
surtax
-
-
-
-
income
30 764
44 799
-
-
total
30 764
44 799
-
-
Dividends
79 107
115 201
-
-
surtax
-
-
-
-
social contributions
13 607
19 815
-
-
withholding
10 125
14 745
-
-
total
23 732
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
73 806
79 359
70 274
69 575
After tax
86 194
80 641
89 726
90 425
Living cost
30 820
30 820
30 820
30 820
Free-cash
55 374
49 821
58 906
59 605

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81549
₽78722
₽76932
₽76412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
22 081
health
-
-
-
11 169
income
-
-
-
23 999
total
-
-
-
57 249
Employee
33 902
-
160 000
-
income
5 654
-
26 826
-
social contributions
4 679
-
22 081
-
health
2 366
-
11 169
-
total
12 699
-
60 076
-
Employer
33 902
-
160 000
-
total
-
-
-
-
Corporate
126 098
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%.

6 305
8 000
-
-
total
6 305
8 000
-
-
Dividends
119 793
152 000
-
-
social contributions
16 531
20 977
-
-
health
8 362
10 609
-
-
withholding
17 969
22 800
-
-
total
42 862
54 386
-
-
Income
160 000
160 000
160 000
160 000
Total tax
61 866
62 386
60 076
57 249
After tax
98 134
97 614
99 924
102 751
Living cost
21 202
21 202
21 202
21 202
Free-cash
76 932
76 412
78 722
81 549

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46845
₽6832
₽51903
₽53450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
639
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
40 409
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
77 923
Employee
49 970
39 847
125 548
-
income
5 689
2 939
31 891
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
53 047
-
Employer
49 970
39 847
125 548
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
5 888
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
3 766
-
chamber of commerce
199
159
503
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
34 452
-
Corporate
95 454
108 487
121 753
-
income

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

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

23 863
27 123
30 437
-
total
23 863
27 123
30 437
-
Dividends
71 591
81 365
-
-
withholding
19 688
22 375
-
-
total
19 688
22 375
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 865
71 318
117 936
77 923
After tax
87 135
88 682
42 064
82 077
Living cost
35 232
35 232
35 232
35 232
Free-cash
51 903
53 450
6 832
46 845

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32837
₽20777
₽38063
₽53060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 852
communal

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

-
-
-
8 110
national
-
-
-
57 744
total
-
-
-
90 706
Employee

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

71 523
-
123 923
-
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.

5 364
-
9 294
-
national
21 989
-
44 033
-
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.

622
-
1 078
-
communal

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

3 730
-
6 463
-
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.

3 360
-
5 823
-
total
35 065
-
66 691
-
Employer

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

71 523
-
123 923
-
pensions

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

6 338
-
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.

930
-
1 611
-
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.

4 398
-
7 622
-
unemployment

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

1 044
-
1 810
-
surtax
8 110
-
14 053
-
total
20 820
-
36 075
-
Corporate
67 658
160 000
-
-
surtax
271
639
-
-
income
13 531
32 001
-
-
total
13 802
32 640
-
-
Dividends
53 856
127 360
-
-
withholding

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

15 793
37 843
-
-
total
15 793
37 843
-
-
Income
160 000
160 000
160 000
160 000
Total tax
85 480
70 483
102 766
90 706
After tax
74 520
89 517
57 234
69 294
Living cost
36 457
36 457
36 457
36 457
Free-cash
38 063
53 060
20 777
32 837

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53862
₽49667
₽63591
₽70736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 224
pensions
-
-
-
26 227
total
-
-
-
70 028
Employee
49 772
-
130 454
-
income
10 502
-
38 791
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
44 677
-
Employer
49 772
-
130 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
94 363
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.

14 155
23 999
-
-
total
14 155
23 999
-
-
Dividends
80 208
136 001
-
-
withholding
16 616
29 155
-
-
total
16 616
29 155
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 299
53 154
74 223
70 028
After tax
99 701
106 846
85 777
89 972
Living cost
36 110
36 110
36 110
36 110
Free-cash
63 591
70 736
49 667
53 862

Estimated living cost  is ₽36110 per week

₽26591
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26574
₽32953
₽28216
₽40223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 349
health
-
-
-
11 243
income
-
-
-
24 471
communal
-
-
-
10 112
surtax
-
-
-
7 931
pensions
-
-
-
23 982
total
-
-
-
79 088
Employee
75 721
-
142 921
-
income
7 314
-
29 078
-
pensions
6 057
-
11 434
-
health
3 370
-
6 360
-
surtax
4 641
-
8 759
-
total
21 382
-
55 631
-
Employer
75 721
-
142 921
-
pensions
6 057
-
11 434
-
accident
681
-
1 286
-
health
2 309
-
4 358
-
total
9 047
-
17 078
-
Corporate
75 232
160 000
-
-
communal
5 078
10 800
-
-
surtax
789
1 679
-
-
income
11 284
23 999
-
-
total
17 151
36 478
-
-
Dividends
58 081
123 521
-
-
withholding
8 711
18 529
-
-
income
21 155
10 432
-
-
total
29 866
28 961
-
-
Income
160 000
160 000
160 000
160 000
Total tax
77 446
65 439
72 709
79 088
After tax
82 554
94 561
87 291
80 912
Living cost
54 338
54 338
54 338
54 338
Free-cash
28 216
40 223
32 953
26 574

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53468
₽47383
₽75000
₽78181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
41 583
surtax
-
-
-
6 098
pensions
-
-
-
26 690
total
-
-
-
84 073
Employee
33 673
-
132 177
-
income
5 645
-
35 815
-
pensions
2 247
-
8 816
-
unemployment
2 343
-
9 199
-
health
860
-
3 372
-
other
-
-
-
-
surtax
120
-
5 133
-
total
11 215
-
62 335
-
Employer
33 673
-
132 177
-
pensions
4 489
-
17 620
-
other
-
-
-
-
health
1 531
-
6 013
-
unemployment
1 068
-
4 190
-
total
7 088
-
27 823
-
Corporate
119 238
160 000
-
-
income
31 003
41 600
-
-
total
31 003
41 600
-
-
Dividends
88 236
118 400
-
-
withholding
13 235
17 760
-
-
total
13 235
17 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
62 541
59 360
90 158
84 073
After tax
97 459
100 640
69 842
75 927
Living cost
22 459
22 459
22 459
22 459
Free-cash
75 000
78 181
47 383
53 468

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49935
₽42746
₽54946
₽57165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
951
national
-
-
-
38 614
regional
-
-
-
2 413
total
-
-
-
83 130
Employee
55 465
-
160 000
-
national
8 787
-
33 365
-
social contributions
18 703
-
53 953
-
municipal
294
-
848
-
regional
747
-
2 153
-
total
28 531
-
90 319
-
Employer
55 465
-
160 000
-
total
-
-
-
-
Corporate
104 535
160 000
-
-
nationa
25 088
38 399
-
-
municipal
5 195
7 952
-
-
total
30 283
46 351
-
-
Dividends
74 251
113 648
-
-
withholding
19 305
29 549
-
-
total
19 305
29 549
-
-
Income
160 000
160 000
160 000
160 000
Total tax
78 119
75 900
90 319
83 130
After tax
81 881
84 100
69 681
76 870
Living cost
26 935
26 935
26 935
26 935
Free-cash
54 946
57 165
42 746
49 935

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58682
₽51846
₽70015
₽80571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
21 600
income
-
-
-
15 577
solidarity contribution
-
-
-
-
total
-
-
-
71 729
Employee
43 513
-
119 649
-
income
5 222
-
14 371
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 691
-
health
5 874
-
16 153
-
total
13 924
-
38 215
-
Employer
43 513
-
119 649
-
health
3 916
-
10 768
-
social contributions
10 878
-
29 582
-
total
14 794
-
40 350
-
Corporate
101 693
160 000
-
-
income
19 322
30 400
-
-
total
19 322
30 400
-
-
Dividends
82 371
129 600
-
-
withholding
12 356
19 440
-
-
total
12 356
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 396
49 840
78 565
71 729
After tax
99 604
110 160
81 435
88 271
Living cost
29 589
29 589
29 589
29 589
Free-cash
70 015
80 571
51 846
58 682

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50374
₽10222
₽56394
₽56888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
639
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
40 409
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
77 726
Employee
43 708
39 847
125 732
-
income
3 894
2 939
31 969
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
53 125
-
Employer
43 708
39 847
125 732
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
5 895
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
3 772
-
chamber of commerce
175
159
503
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
34 268
-
Corporate
103 714
108 685
121 937
-
income

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

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

25 929
27 172
30 485
-
total
25 929
27 172
30 485
-
Dividends
77 785
81 513
-
-
withholding
21 390
22 417
-
-
total
21 390
22 417
-
-
Income
160 000
160 000
160 000
160 000
Total tax
71 706
71 212
117 878
77 726
After tax
88 294
88 788
42 122
82 274
Living cost
31 900
31 900
31 900
31 900
Free-cash
56 394
56 888
10 222
50 374

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144359
₽113959
₽135325
₽137959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
160 000
-
income
3 511
-
32 000
-
total
3 511
-
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%.

142 448
160 000
-
-
total
-
-
-
-
Dividends
142 448
160 000
-
-
withholding
7 123
8 000
-
-
total
7 123
8 000
-
-
Income
160 000
160 000
160 000
160 000
Total tax
10 634
8 000
32 000
1 600
After tax
149 366
152 000
128 000
158 400
Living cost
14 041
14 041
14 041
14 041
Free-cash
135 325
137 959
113 959
144 359

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52147
₽47906
₽74975
₽83342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
239
health
-
-
-
15 743
income
-
-
-
35 833
pensions
-
-
-
29 219
total
-
-
-
81 034
Employee

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

44 215
-
138 445
-
income
7 625
-
33 124
-
pensions
6 854
-
21 459
-
unemployment
63
-
194
-
health
2 856
-
8 943
-
total
17 398
-
63 720
-
Employer

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

44 215
-
138 445
-
pensions
3 913
-
12 252
-
health
2 945
-
9 220
-
unemployment
27
-
83
-
total
6 885
-
21 555
-
Corporate
108 901
160 000
-
-
income
20 692
30 399
-
-
total
20 692
30 399
-
-
Dividends
88 209
129 601
-
-
withholding
13 231
19 440
-
-
total
13 231
19 440
-
-
Income
160 000
160 000
160 000
160 000
Total tax
58 206
49 839
85 275
81 034
After tax
101 794
110 161
74 725
78 966
Living cost
26 819
26 819
26 819
26 819
Free-cash
74 975
83 342
47 906
52 147

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67533
₽103838
₽6857
₽54304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
18 240
income
-
-
-
31 187
total
-
-
-
49 427
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
11 270
160 000
-
-
income
2 479
35 200
-
-
total
2 479
35 200
-
-
Dividends
8 791
124 800
-
-
income
1 934
27 456
-
-
total
1 934
27 456
-
-
Income
160 000
160 000
160 000
160 000
Total tax
110 103
62 656
13 122
49 427
After tax
49 897
97 344
146 878
110 573
Living cost
43 040
43 040
43 040
43 040
Free-cash
6 857
54 304
103 838
67 533

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54916
₽43228
₽58639
₽59645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
social contributions

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

-
-
-
55 600
income
-
-
-
18 121
surtax
-
-
-
-
total
-
-
-
73 721
Employee
45 987
-
129 293
-
income
9 565
-
40 480
-
social contributions
5 059
-
14 222
-
surtax
-
-
-
-
total
14 624
-
54 702
-
Employer
45 987
-
129 293
-
social contributions
10 922
-
30 707
-
total
10 922
-
30 707
-
Corporate
103 091
160 000
-
-
surtax
-
-
-
-
income
21 648
33 600
-
-
total
21 648
33 600
-
-
Dividends
81 443
126 400
-
-
withholding
22 804
35 392
-
-
total
22 804
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 998
68 992
85 409
73 721
After tax
90 002
91 008
74 591
86 279
Living cost
31 363
31 363
31 363
31 363
Free-cash
58 639
59 645
43 228
54 916

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42132
₽41433
₽39218
₽32348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
other
-
-
-
4 960
social contributions
-
-
-
4 558
health
-
-
-
6 264
income
-
-
-
23 727
surtax
-
-
-
-
pensions
-
-
-
30 066
total
-
-
-
69 575
Employee
62 625
-
124 882
-
income
5 464
-
23 352
-
pensions
7 083
-
8 246
-
social contributions
1 784
-
3 558
-
surtax
-
-
-
-
total
14 331
-
35 156
-
Employer
62 625
-
124 882
-
pensions
10 290
-
13 962
-
other
2 161
-
4 686
-
health
4 383
-
11 039
-
unemployment
2 537
-
5 057
-
social contributions
188
-
374
-
total
19 559
-
35 118
-
Corporate
77 816
160 000
-
-
surtax
-
-
-
-
income
21 789
44 799
-
-
total
21 789
44 799
-
-
Dividends
56 027
115 201
-
-
surtax
-
-
-
-
social contributions
9 639
19 815
-
-
withholding
7 171
14 745
-
-
total
16 810
34 560
-
-
Income
160 000
160 000
160 000
160 000
Total tax
72 489
79 359
70 274
69 575
After tax
87 511
80 641
89 726
90 425
Living cost
48 293
48 293
48 293
48 293
Free-cash
39 218
32 348
41 433
42 132

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88336
₽92590
₽110584
₽113944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
35 200
income
-
-
-
6 408
total
-
-
-
41 608
Employee
32 145
-
138 526
-
social contributions
2 089
-
9 004
-
income
-
-
6 880
-
total
2 089
-
15 884
-
Employer
32 145
-
138 526
-
social contributions
4 983
-
21 470
-
total
4 983
-
21 470
-
Corporate
122 872
160 000
-
-
income
12 288
16 000
-
-
total
12 288
16 000
-
-
Dividends
110 584
144 000
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
19 360
16 000
37 354
41 608
After tax
140 640
144 000
122 646
118 392
Living cost
30 056
30 056
30 056
30 056
Free-cash
110 584
113 944
92 590
88 336

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47130
-₽57924
-₽57924
-₽57924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
municipal
-
-
-
32 848
national
-
-
-
18 254
labour market
-
-
-
12 731
pensions
-
-
-
867
total
-
-
-
64 700
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
160 000
160 000
160 000
160 000
Total tax
169 754
169 754
169 754
64 700
After tax
-9 754
-9 754
-9 754
95 300
Living cost
48 170
48 170
48 170
48 170
Free-cash
-57 924
-57 924
-57 924
47 130

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87841
₽64775
₽9649
-₽8631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
43 630
pensions
-
-
-
4 145
total
-
-
-
50 568
Employee
33 964
-
143 129
-
income
4 659
-
32 776
-
pensions
3 825
-
7 599
-
health
3 889
-
16 388
-
total
12 373
-
56 763
-
Employer
33 964
-
143 129
-
pensions
5 522
-
10 974
-
accident
567
-
2 390
-
unemployment
832
-
3 507
-
total
6 921
-
16 871
-
Corporate
119 115
160 000
-
-
income

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

107 203
144 000
-
-
total
107 203
144 000
-
-
Dividends
11 911
16 000
-
-
withholding
2 263
3 040
-
-
total
2 263
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
128 760
147 040
73 634
50 568
After tax
31 240
12 960
86 366
109 432
Living cost
21 591
21 591
21 591
21 591
Free-cash
9 649
-8 631
64 775
87 841

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67154
₽46572
₽64999
₽62873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
municipal
-
-
-
28 432
health
-
-
-
2 047
national
-
-
-
23 979
total
-
-
-
54 458
Employee
52 606
-
134 600
-
pensions
3 550
-
9 085
-
national
869
-
14 950
-
municipal
8 616
-
21 931
-
unemployment
789
-
2 019
-
health
393
-
1 655
-
total
14 217
-
49 640
-
Employer
52 606
-
134 600
-
pensions
9 127
-
23 354
-
accident
53
-
135
-
health
404
-
1 036
-
unemployment
342
-
875
-
total
9 926
-
25 400
-
Corporate
97 468
160 000
-
-
income
19 493
32 001
-
-
total
19 493
32 001
-
-
Dividends

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

58 482
95 999
-
-
municipal
10 527
17 280
-
-
national
2 450
9 458
-
-
total
12 977
26 738
-
-
Income
160 000
160 000
160 000
160 000
Total tax
56 613
58 739
75 040
54 458
After tax
103 387
101 261
84 960
105 542
Living cost
38 388
38 388
38 388
38 388
Free-cash
64 999
62 873
46 572
67 154

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87018
₽85568
₽88181
₽93625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
4 080
income
-
-
-
29 574
total
-
-
-
49 832
Employee
76 887
76 887
148 644
-
income
8 372
7 117
28 792
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 527
-
total
11 875
14 805
39 926
-
Employer
76 887
76 887
148 644
-
health
647
1 423
2 749
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 356
-
Corporate
121 421
75 309
-
-
income
15 178
9 413
-
-
total
15 178
9 413
-
-
Dividends
106 244
65 896
-
-
withholding
18 062
11 203
-
-
total
18 062
11 203
-
-
Income
160 000
160 000
160 000
160 000
Total tax
48 669
43 225
51 282
49 832
After tax
111 331
116 775
108 718
110 168
Living cost
23 150
23 150
23 150
23 150
Free-cash
88 181
93 625
85 568
87 018

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117973
₽97916
₽111535
₽116621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
16 146
pensions
-
-
-
6 360
total
-
-
-
26 152
Employee

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

22 951
-
150 228
-
income
1 569
-
13 668
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
36 437
-
Employer

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

22 951
-
150 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
134 687
160 000
-
-
income
12 121
14 400
-
-
total
12 121
14 400
-
-
Dividends
122 566
145 600
-
-
withholding
11 030
13 104
-
-
total
11 030
13 104
-
-
Income
160 000
160 000
160 000
160 000
Total tax
32 590
27 504
46 209
26 152
After tax
127 410
132 496
113 791
133 848
Living cost
15 875
15 875
15 875
15 875
Free-cash
111 535
116 621
97 916
117 973

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62476
₽58281
₽74927
₽79350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 224
pensions
-
-
-
26 227
total
-
-
-
70 028
Employee
36 972
-
130 454
-
income
7 128
-
38 791
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
44 677
-
Employer
36 972
-
130 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
111 241
160 000
-
-
income

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

16 686
23 999
-
-
total
16 686
23 999
-
-
Dividends
94 555
136 001
-
-
withholding
19 629
29 155
-
-
total
19 629
29 155
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 577
53 154
74 223
70 028
After tax
102 423
106 846
85 777
89 972
Living cost
27 496
27 496
27 496
27 496
Free-cash
74 927
79 350
58 281
62 476

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99654
₽99458
₽96652
₽97102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
health
-
-
-
1 448
income
-
-
-
54 163
pensions
-
-
-
1 997
total
-
-
-
57 608
Employee
4 171
-
157 753
-
income
807
-
54 058
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
55 556
-
Employer
4 171
-
157 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
154 891
160 000
-
-
income
34 076
35 200
-
-
total
34 076
35 200
-
-
Dividends
120 815
124 800
-
-
withholding
24 163
24 960
-
-
total
24 163
24 960
-
-
Income
160 000
160 000
160 000
160 000
Total tax
60 610
60 160
57 804
57 608
After tax
99 390
99 840
102 196
102 392
Living cost
2 738
2 738
2 738
2 738
Free-cash
96 652
97 102
99 458
99 654

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78950
₽78950
₽93387
₽98307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
35 823
pensions
-
-
-
19 214
total
-
-
-
63 757
Employee

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

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

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

26 076
-
146 772
-
income
3 594
-
35 823
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
50 529
-
Employer

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

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

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

26 076
-
146 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
129 256
160 000
-
-
income
19 388
24 000
-
-
total
19 388
24 000
-
-
Dividends
109 868
136 000
-
-
withholding
16 480
20 400
-
-
total
16 480
20 400
-
-
Income
160 000
160 000
160 000
160 000
Total tax
49 320
44 400
63 757
63 757
After tax
110 680
115 600
96 243
96 243
Living cost
17 293
17 293
17 293
17 293
Free-cash
93 387
98 307
78 950
78 950

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59323
₽47635
₽63691
₽64052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
social contributions

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

-
-
-
55 600
income
-
-
-
18 121
surtax
-
-
-
-
total
-
-
-
73 721
Employee
38 808
-
129 293
-
income
7 583
-
40 480
-
social contributions
4 269
-
14 222
-
surtax
-
-
-
-
total
11 852
-
54 702
-
Employer
38 808
-
129 293
-
social contributions
9 216
-
30 707
-
total
9 216
-
30 707
-
Corporate
111 976
160 000
-
-
surtax
-
-
-
-
income
23 515
33 600
-
-
total
23 515
33 600
-
-
Dividends
88 461
126 400
-
-
withholding
24 770
35 392
-
-
total
24 770
35 392
-
-
Income
160 000
160 000
160 000
160 000
Total tax
69 353
68 992
85 409
73 721
After tax
90 647
91 008
74 591
86 279
Living cost
26 956
26 956
26 956
26 956
Free-cash
63 691
64 052
47 635
59 323

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54832
₽50637
₽64905
₽71706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 224
pensions
-
-
-
26 227
total
-
-
-
70 028
Employee
48 290
-
130 454
-
income
10 086
-
38 791
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
44 677
-
Employer
48 290
-
130 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
96 314
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.

14 447
23 999
-
-
total
14 447
23 999
-
-
Dividends
81 867
136 001
-
-
withholding
16 963
29 155
-
-
total
16 963
29 155
-
-
Income
160 000
160 000
160 000
160 000
Total tax
59 955
53 154
74 223
70 028
After tax
100 045
106 846
85 777
89 972
Living cost
35 140
35 140
35 140
35 140
Free-cash
64 905
71 706
50 637
54 832

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109479
₽115581
₽113511
₽119603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
24 000
pensions

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

-
-
-
5 168
total
-
-
-
33 324
Employee
22 772
-
153 149
-
income
2 278
-
15 315
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
20 371
-
Employer
22 772
-
153 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
132 760
160 000
-
-
income
13 276
16 000
-
-
total
13 276
16 000
-
-
Dividends
119 484
144 000
-
-
withholding
5 974
7 200
-
-
total
5 974
7 200
-
-
Income
160 000
160 000
160 000
160 000
Total tax
29 292
23 200
27 222
33 324
After tax
130 708
136 800
132 778
126 676
Living cost
17 197
17 197
17 197
17 197
Free-cash
113 511
119 603
115 581
109 479

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47984
₽64274
₽56849
₽43768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
160 000
trade
-
-
-
16 290
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.

-
-
-
6 831
income

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

-
-
-
47 670
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.

-
-
-
2 622
total
-
-
-
73 413
Employee

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

49 751
-
160 000
-
surtax

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

226
-
2 622
-
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
-
47 670
-
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.

6 831
-
6 831
-
total
11 148
-
57 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 249
160 000
-
-
trade
15 821
22 959
-
-
surtax

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

909
1 321
-
-
income
16 536
23 999
-
-
chamber of commerce
313
387
-
-
total
33 579
48 666
-
-
Dividends
76 670
111 334
-
-
surtax

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

1 034
1 510
-
-
withholding
18 787
27 453
-
-
total
19 821
28 963
-
-
Income
160 000
160 000
160 000
160 000
Total tax
64 548
77 629
57 123
73 413
After tax
95 452
82 371
102 877
86 587
Living cost
38 603
38 603
38 603
38 603
Free-cash
56 849
43 768
64 274
47 984

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29248
₽29248
₽57248
₽55042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
160 000
social contributions
-
-
-
26 321
income
-
-
-
47 473
total
-
-
-
73 794
Employee
78 213
-
160 000
-
social contributions
6 498
-
26 321
-
income
14 759
-
47 473
-
total
21 257
-
73 794
-
Employer
78 213
-
160 000
-
total
-
-
-
-
Corporate
81 787
160 000
-
-
income
10 224
19 999
-
-
total
10 224
19 999
-
-
Dividends
71 563
140 001
-
-
withholding
14 313
28 001
-
-
total
14 313
28 001
-
-
Income
160 000
160 000
160 000
160 000
Total tax
45 794
48 000
73 794
73 794
After tax
114 206
112 000
86 206
86 206
Living cost
56 958
56 958
56 958
56 958
Free-cash
57 248
55 042
29 248
29 248

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88567
₽78452
₽65915
₽62421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
160 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
155 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
36 054
-
total
9 573
-
40 653
-
Employer
45 869
-
155 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
109 535
160 000
-
-
income
38 337
56 000
-
-
total
38 337
56 000
-
-
Dividends
71 199
104 000
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
160 000
160 000
160 000
160 000
Total tax
57 789
61 283
45 252
35 137
After tax
102 211
98 717
114 748
124 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
65 915
62 421
78 452
88 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70037
₽55459
₽75185
₽69230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 907
pensions
-
-
-
8 704
total
-
-
-
52 611
Employee
51 271
-
139 929
-
income
9 337
-
34 190
-
pensions
3 913
-
10 832
-
health
669
-
2 095
-
total
13 919
-
47 117
-
Employer
51 271
-
139 929
-
pensions
5 180
-
17 414
-
health
974
-
2 658
-
total
6 154
-
20 072
-
Corporate
102 574
160 000
-
-
income

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

19 489
30 400
-
-
total
19 489
30 400
-
-
Dividends
83 085
129 600
-
-
withholding
7 901
23 018
-
-
total
7 901
23 018
-
-
Income
160 000
160 000
160 000
160 000
Total tax
47 463
53 418
67 189
52 611
After tax
112 537
106 582
92 811
107 389
Living cost
37 352
37 352
37 352
37 352
Free-cash
75 185
69 230
55 459
70 037

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85704
₽62638
₽9320
-₽10768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
43 630
pensions
-
-
-
4 145
total
-
-
-
50 568
Employee
37 325
-
143 129
-
income
5 121
-
32 776
-
pensions
4 203
-
7 599
-
health
4 274
-
16 388
-
total
13 598
-
56 763
-
Employer
37 325
-
143 129
-
pensions
6 069
-
10 974
-
accident
623
-
2 390
-
unemployment
914
-
3 507
-
total
7 606
-
16 871
-
Corporate
115 068
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.

103 562
144 000
-
-
total
103 562
144 000
-
-
Dividends
11 507
16 000
-
-
withholding
2 186
3 040
-
-
total
2 186
3 040
-
-
Income
160 000
160 000
160 000
160 000
Total tax
126 952
147 040
73 634
50 568
After tax
33 048
12 960
86 366
109 432
Living cost
23 728
23 728
23 728
23 728
Free-cash
9 320
-10 768
62 638
85 704

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽76405
₽98383
₽116463
₽121139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
26 137
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
70 094
Employee

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

21 601
-
160 000
-
income
2 160
-
26 137
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
48 116
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 399
160 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 384
1 600
-
-
total
1 384
1 600
-
-
Dividends
137 015
158 400
-
-
withholding
20 552
23 760
-
-
total
20 552
23 760
-
-
Income
160 000
160 000
160 000
160 000
Total tax
30 036
25 360
48 116
70 094
After tax
129 964
134 640
111 884
89 906
Living cost
13 501
13 501
13 501
13 501
Free-cash
116 463
121 139
98 383
76 405

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽35683
₽28661
₽39894
₽44445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 070
national
-
-
-
38 614
regional
-
-
-
3 648
total
-
-
-
84 484
Employee
84 257
-
160 000
-
national
14 239
-
33 365
-
social contributions
28 411
-
53 953
-
municipal
503
-
954
-
regional
1 272
-
3 234
-
total
44 425
-
91 506
-
Employer
84 257
-
160 000
-
total
-
-
-
-
Corporate
75 743
160 000
-
-
nationa
18 178
38 399
-
-
municipal
3 651
7 711
-
-
total
21 829
46 110
-
-
Dividends
53 915
113 889
-
-
withholding
14 019
29 612
-
-
total
14 019
29 612
-
-
Income
160 000
160 000
160 000
160 000
Total tax
80 273
75 722
91 506
84 484
After tax
79 727
84 278
68 494
75 516
Living cost
39 833
39 833
39 833
39 833
Free-cash
39 894
44 445
28 661
35 683

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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