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
₽ 161000
per

Your estimated
City
free-cash

Dresden , Germany
₽50662
₽61827
₽55028
₽72996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
trade
-
-
-
17 968
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.

-
-
-
47 908
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.

-
-
-
6 894
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.

-
-
-
2 635
total
-
-
-
75 405
Employee

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

38 599
-
161 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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
-
2 635
-
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.

1 078
-
47 908
-
total
8 031
-
57 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 401
161 000
-
-
surtax

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

1 009
1 329
-
-
income
18 360
24 150
-
-
trade
19 278
25 358
-
-
chamber of commerce
329
385
-
-
total
38 976
51 222
-
-
Dividends
83 424
109 778
-
-
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.

1 126
1 488
-
-
withholding
20 473
27 061
-
-
total
21 599
28 549
-
-
Income
161 000
161 000
161 000
161 000
Total tax
68 606
79 771
57 437
75 405
After tax
92 394
81 229
103 563
85 595
Living cost
30 567
30 567
30 567
30 567
Free-cash
61 827
50 662
72 996
55 028

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49470
₽48622
₽44279
₽45543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
17 523
pensions
-
-
-
19 320
national
-
-
-
27 153
social contributions
-
-
-
1 731
total
-
-
-
65 727
Employee
79 050
-
139 183
-
municipal
9 764
-
18 146
-
pensions
3 162
-
5 567
-
national
15 130
-
28 119
-
total
28 056
-
51 832
-
Employer
79 050
-
139 183
-
social contributions
850
-
1 496
-
pensions
6 324
-
11 135
-
total
7 174
-
12 631
-
Corporate
69 559
161 000
-
-
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%.

13 912
32 200
-
-
total
13 912
32 200
-
-
Dividends
55 647
128 800
-
-
withholding
12 242
28 336
-
-
total
12 242
28 336
-
-
Income
161 000
161 000
161 000
161 000
Total tax
61 384
60 536
64 463
65 727
After tax
99 616
100 464
96 537
95 273
Living cost
50 994
50 994
50 994
50 994
Free-cash
48 622
49 470
45 543
44 279

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107804
₽99528
₽33123
₽75913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
microenterprise
-
-
-
-
income
-
-
-
27 162
surtax
-
-
-
41 054
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.

-
-
-
38 666
total
-
-
-
106 882
Employee
29 489
-
117 427
-
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.

3 244
-
12 917
-
surtax
-
-
-
-
income
5 249
-
22 887
-
total
8 493
-
35 804
-
Employer
29 489
-
117 427
-
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.

7 103
-
28 288
-
surtax
-
-
-
-
total
7 103
-
28 288
-
Corporate
124 408
161 000
-
-
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%.

24 881
32 201
-
-
total
24 881
32 201
-
-
Dividends

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

99 527
128 799
-
-
total
-
-
-
-
Income
161 000
161 000
161 000
161 000
Total tax
40 477
32 201
64 092
106 882
After tax
120 523
128 799
96 908
54 118
Living cost
20 995
20 995
20 995
20 995
Free-cash
99 528
107 804
75 913
33 123

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37185
₽31002
₽47776
₽56493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
46 680
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
70 948
Employee
86 180
86 180
142 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
19 208
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
43 476
-
Employer
86 180
86 180
142 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
60 786
59 729
-
-
income
12 157
11 946
-
-
total
12 157
11 946
-
-
Dividends
48 629
47 782
-
-
income
10 334
10 154
-
-
withholding
7 295
7 168
-
-
total
17 629
17 322
-
-
Income
161 000
161 000
161 000
161 000
Total tax
87 722
81 539
62 231
70 948
After tax
73 278
79 461
98 769
90 052
Living cost
42 276
42 276
42 276
42 276
Free-cash
31 002
37 185
56 493
47 776

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48914
₽48039
₽44367
₽43421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
40 628
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
12 256
total
-
-
-
77 641
Employee
55 560
-
134 150
-
municipal
16 568
-
40 003
-
national
-
-
11 733
-
total
16 568
-
51 736
-
Employer
55 560
-
134 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
87 983
161 000
-
-
income
19 356
35 420
-
-
total
19 356
35 420
-
-
Dividends
68 627
125 580
-
-
withholding
20 588
37 674
-
-
total
20 588
37 674
-
-
Income
161 000
161 000
161 000
161 000
Total tax
73 969
73 094
78 587
77 641
After tax
87 031
87 906
82 413
83 359
Living cost
38 992
38 992
38 992
38 992
Free-cash
48 039
48 914
43 421
44 367

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40755
₽54936
₽45152
₽63918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
trade
-
-
-
18 766
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.

-
-
-
47 908
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.

-
-
-
6 894
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.

-
-
-
2 635
total
-
-
-
76 203
Employee

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

51 178
-
161 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
2 635
-
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.

4 397
-
47 908
-
total
11 532
-
57 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 822
161 000
-
-
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.

906
1 329
-
-
income
16 474
24 150
-
-
trade
18 065
26 484
-
-
chamber of commerce
310
383
-
-
total
35 755
52 346
-
-
Dividends
74 067
108 654
-
-
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.

998
1 473
-
-
withholding
18 134
26 781
-
-
total
19 132
28 254
-
-
Income
161 000
161 000
161 000
161 000
Total tax
66 419
80 600
57 437
76 203
After tax
94 581
80 400
103 563
84 797
Living cost
39 645
39 645
39 645
39 645
Free-cash
54 936
40 755
63 918
45 152

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84771
₽80586
₽78151
₽76690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
29 682
health
-
-
-
4 106
social contributions
-
-
-
16 328
total
-
-
-
50 116
Employee
77 601
77 601
149 546
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 541
-
income
8 149
7 184
28 895
-
total
12 692
14 945
40 123
-
Employer
77 601
77 601
149 546
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 767
-
total
4 612
7 877
11 454
-
Corporate
110 964
75 522
-
-
income
13 871
9 440
-
-
total
13 871
9 440
-
-
Dividends
97 093
66 082
-
-
withholding
16 506
11 234
-
-
total
16 506
11 234
-
-
Income
161 000
161 000
161 000
161 000
Total tax
47 681
43 496
51 577
50 116
After tax
113 319
117 504
109 423
110 884
Living cost
32 733
32 733
32 733
32 733
Free-cash
80 586
84 771
76 690
78 151

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72142
₽72523
₽93197
₽74996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
19 682
pensions
-
-
-
16 100
unemployment
-
-
-
2 415
health
-
-
-
11 270
total
-
-
-
49 467
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.

26 469
10 534
134 728
-
health
1 853
737
9 431
-
income
3 236
1 288
16 471
-
pensions
2 647
1 053
13 473
-
unemployment
397
158
2 021
-
total
8 133
3 236
41 396
-
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.

26 469
10 534
134 728
-
pensions
5 161
2 054
26 272
-
total
5 161
2 054
26 272
-
Corporate
129 370
148 412
-
-
income
11 643
13 357
-
-
total
11 643
13 357
-
-
Dividends
117 727
135 055
-
-
social contributions
22 836
26 215
-
-
withholding
22 368
25 660
-
-
total
45 204
51 875
-
-
Income
161 000
161 000
161 000
161 000
Total tax
70 141
70 522
67 668
49 467
After tax
90 859
90 478
93 332
111 533
Living cost
18 336
18 336
18 336
18 336
Free-cash
72 523
72 142
74 996
93 197

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104424
₽98156
₽61920
₽68422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
21 574
pensions
-
-
-
32 201
health
-
-
-
20 930
total
-
-
-
74 705
Employee
28 629
-
120 329
-
income
3 223
-
23 200
-
pensions
573
-
2 407
-
unemployment
458
-
1 925
-
total
4 254
-
27 532
-
Employer
28 629
-
120 329
-
unemployment
230
-
963
-
pensions
5 726
-
24 065
-
health
3 721
-
15 643
-
total
9 677
-
40 671
-
Corporate
122 694
161 000
-
-
income
24 538
32 201
-
-
total
24 538
32 201
-
-
Dividends
98 156
128 799
-
-
total
-
-
-
-
Income
161 000
161 000
161 000
161 000
Total tax
38 469
32 201
68 203
74 705
After tax
122 531
128 799
92 797
86 295
Living cost
24 375
24 375
24 375
24 375
Free-cash
98 156
104 424
68 422
61 920

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9031
₽9655
₽88046
₽64827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
253
income
-
-
-
43 895
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 882
Employee
34 721
-
144 013
-
health
3 975
-
16 490
-
income
4 763
-
32 970
-
pensions
3 910
-
7 654
-
total
12 648
-
57 114
-
Employer
34 721
-
144 013
-
accident
580
-
2 405
-
unemployment
851
-
3 529
-
pensions
5 646
-
11 053
-
total
7 077
-
16 987
-
Corporate
119 203
161 000
-
-
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.

107 283
144 900
-
-
total
107 283
144 900
-
-
Dividends
11 920
16 100
-
-
withholding
2 265
3 059
-
-
total
2 265
3 059
-
-
Income
161 000
161 000
161 000
161 000
Total tax
129 273
147 959
74 101
50 882
After tax
31 727
13 041
86 899
110 118
Living cost
22 072
22 072
22 072
22 072
Free-cash
9 655
-9 031
64 827
88 046

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143870
₽142167
₽150310
₽119720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
161 000
microenterprise

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

-
-
-
1 610
total
-
-
-
1 610
Employee
11 349
-
161 000
-
income
2 270
-
32 200
-
total
2 270
-
32 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

149 651
161 000
-
-
total
-
-
-
-
Dividends
149 651
161 000
-
-
withholding
7 483
8 050
-
-
total
7 483
8 050
-
-
Income
161 000
161 000
161 000
161 000
Total tax
9 753
8 050
32 200
1 610
After tax
151 247
152 950
128 800
159 390
Living cost
9 080
9 080
9 080
9 080
Free-cash
142 167
143 870
119 720
150 310

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91397
₽84581
₽59975
₽64764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
23 261
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
74 134
Employee
36 642
-
128 594
-
health
513
-
1 800
-
income
6 308
-
24 856
-
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.

2 564
-
9 001
-
unemployment
366
-
1 285
-
total
9 751
-
36 942
-
Employer
36 642
-
128 594
-
accident
293
-
1 028
-
other
1 833
-
6 429
-
unemployment
366
-
1 285
-
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.

6 230
-
21 861
-
health
513
-
1 800
-
total
9 235
-
32 403
-
Corporate
115 123
161 000
-
-
income
24 176
33 809
-
-
total
24 176
33 809
-
-
Dividends
90 947
127 191
-
-
withholding
6 366
8 903
-
-
total
6 366
8 903
-
-
Income
161 000
161 000
161 000
161 000
Total tax
49 528
42 712
69 345
74 134
After tax
111 472
118 288
91 655
86 866
Living cost
26 891
26 891
26 891
26 891
Free-cash
84 581
91 397
64 764
59 975

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39535
₽38993
₽40344
₽25673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
44 167
pensions
-
-
-
8 763
total
-
-
-
52 930
Employee
95 822
-
140 803
-
health
1 579
-
2 110
-
income
17 273
-
34 388
-
pensions
9 244
-
10 906
-
total
28 096
-
47 404
-
Employer
95 822
-
140 803
-
pensions
11 314
-
17 521
-
health
1 820
-
2 676
-
total
13 134
-
20 197
-
Corporate
52 044
161 000
-
-
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.

9 889
30 590
-
-
total
9 889
30 590
-
-
Dividends
42 155
130 410
-
-
withholding
3 162
23 149
-
-
total
3 162
23 149
-
-
Income
161 000
161 000
161 000
161 000
Total tax
54 281
53 739
67 601
52 930
After tax
106 719
107 261
93 399
108 070
Living cost
67 726
67 726
67 726
67 726
Free-cash
38 993
39 535
25 673
40 344

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽124416
₽119726
₽114194
₽120325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
24 150
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 567
Employee
17 531
-
154 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 408
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 515
-
Employer
17 531
-
154 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
140 029
161 000
-
-
income
14 003
16 100
-
-
total
14 003
16 100
-
-
Dividends
126 026
144 900
-
-
withholding
6 301
7 245
-
-
total
6 301
7 245
-
-
Income
161 000
161 000
161 000
161 000
Total tax
28 035
23 345
27 436
33 567
After tax
132 965
137 655
133 564
127 433
Living cost
13 239
13 239
13 239
13 239
Free-cash
119 726
124 416
120 325
114 194

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23500
₽26038
₽34091
₽42808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
46 680
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
70 948
Employee
93 564
86 180
142 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
19 208
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
43 476
-
Employer
93 564
86 180
142 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
51 054
59 729
-
-
income
10 211
11 946
-
-
total
10 211
11 946
-
-
Dividends
40 843
47 782
-
-
income
8 679
10 154
-
-
withholding
6 126
7 168
-
-
total
14 805
17 322
-
-
Income
161 000
161 000
161 000
161 000
Total tax
79 001
81 539
62 231
70 948
After tax
81 999
79 461
98 769
90 052
Living cost
55 961
55 961
55 961
55 961
Free-cash
26 038
23 500
42 808
34 091

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86678
₽78056
₽64640
₽57763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
15 673
health
-
-
-
21 735
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
72 189
Employee
35 546
-
120 387
-
social contributions
2 310
-
7 742
-
health
4 799
-
16 252
-
solidarity contribution
-
-
-
-
income
4 265
-
14 459
-
total
11 374
-
38 453
-
Employer
35 546
-
120 387
-
social contributions
8 886
-
29 778
-
health
3 199
-
10 835
-
total
12 085
-
40 613
-
Corporate
113 369
161 000
-
-
income
21 540
30 590
-
-
total
21 540
30 590
-
-
Dividends
91 829
130 410
-
-
withholding
13 774
19 561
-
-
total
13 774
19 561
-
-
Income
161 000
161 000
161 000
161 000
Total tax
58 773
50 151
79 066
72 189
After tax
102 227
110 849
81 934
88 811
Living cost
24 171
24 171
24 171
24 171
Free-cash
78 056
86 678
57 763
64 640

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽43317
₽38048
₽35341
₽28070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
958
regional
-
-
-
1 883
national
-
-
-
38 825
social contributions
-
-
-
41 409
total
-
-
-
83 075
Employee
89 690
-
161 000
-
social contributions
30 243
-
54 290
-
regional
846
-
1 659
-
municipal
475
-
854
-
national
15 541
-
33 543
-
total
47 105
-
90 346
-
Employer
89 690
-
161 000
-
total
-
-
-
-
Corporate
71 310
161 000
-
-
nationa
17 115
38 639
-
-
municipal
2 781
6 280
-
-
total
19 896
44 919
-
-
Dividends
51 414
116 081
-
-
withholding
13 367
30 180
-
-
total
13 367
30 180
-
-
Income
161 000
161 000
161 000
161 000
Total tax
80 368
75 099
90 346
83 075
After tax
80 632
85 901
70 654
77 925
Living cost
42 584
42 584
42 584
42 584
Free-cash
38 048
43 317
28 070
35 341

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78998
₽75860
₽54137
₽48063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
41 749
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 115
total
-
-
-
84 594
Employee
33 373
-
133 001
-
other
-
-
-
-
health
852
-
3 392
-
surtax
109
-
5 155
-
income
5 594
-
35 995
-
pensions
2 225
-
8 871
-
unemployment
2 323
-
9 258
-
total
11 103
-
62 671
-
Employer
33 373
-
133 001
-
other
-
-
-
-
unemployment
1 057
-
4 217
-
pensions
4 449
-
17 728
-
health
1 519
-
6 052
-
total
7 025
-
27 997
-
Corporate
120 602
161 000
-
-
income
31 356
41 861
-
-
total
31 356
41 861
-
-
Dividends
89 246
119 139
-
-
withholding
13 387
17 872
-
-
total
13 387
17 872
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 871
59 733
90 668
84 594
After tax
98 129
101 267
70 332
76 406
Living cost
22 269
22 269
22 269
22 269
Free-cash
75 860
78 998
48 063
54 137

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽60992
₽66390
₽61801
₽47130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
44 167
pensions
-
-
-
8 763
total
-
-
-
52 930
Employee
64 218
-
140 803
-
health
932
-
2 110
-
income
11 566
-
34 388
-
pensions
5 451
-
10 906
-
total
17 949
-
47 404
-
Employer
64 218
-
140 803
-
pensions
6 952
-
17 521
-
health
1 220
-
2 676
-
total
8 172
-
20 197
-
Corporate
88 611
161 000
-
-
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.

16 836
30 590
-
-
total
16 836
30 590
-
-
Dividends
71 775
130 410
-
-
withholding
5 384
23 149
-
-
total
5 384
23 149
-
-
Income
161 000
161 000
161 000
161 000
Total tax
48 341
53 739
67 601
52 930
After tax
112 659
107 261
93 399
108 070
Living cost
46 269
46 269
46 269
46 269
Free-cash
66 390
60 992
47 130
61 801

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽2653
₽29982
₽54911
₽47104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
city
-
-
-
1 696
pensions
-
-
-
14 812
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.

-
-
-
3 221
regional
-
-
-
7 542
health
-
-
-
362
national
-
-
-
2 182
total
-
-
-
29 815
Employee
89 260
-
144 102
-
city
958
-
1 548
-
regional
2 923
-
6 539
-
health
202
-
325
-
pensions
7 499
-
12 105
-
unemployment
-
-
-
-
national
422
-
1 793
-
total
12 004
-
22 310
-
Employer
89 260
-
144 102
-
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.

1 785
-
2 882
-
unemployment
-
-
-
-
pensions
7 499
-
12 105
-
health
202
-
325
-
total
9 486
-
15 312
-
Corporate
61 273
161 000
-
-
regional
12 959
34 051
-
-
national
5 209
13 686
-
-
total
18 168
47 737
-
-
Dividends
43 106
113 263
-
-
withholding
15 086
39 642
-
-
total
15 086
39 642
-
-
Income
161 000
161 000
161 000
161 000
Total tax
54 744
87 379
37 622
29 815
After tax
106 256
73 621
123 378
131 185
Living cost
76 274
76 274
76 274
76 274
Free-cash
29 982
-2 653
47 104
54 911

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33343
₽49709
₽37767
₽57332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
trade
-
-
-
19 565
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.

-
-
-
47 908
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.

-
-
-
6 894
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.

-
-
-
2 635
total
-
-
-
77 002
Employee

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

60 650
-
161 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
2 635
-
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.

7 132
-
47 908
-
total
14 419
-
57 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 350
161 000
-
-
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.

827
1 329
-
-
income
15 053
24 150
-
-
trade
17 209
27 612
-
-
chamber of commerce
295
379
-
-
total
33 384
53 470
-
-
Dividends
66 966
107 530
-
-
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.

900
1 457
-
-
withholding
16 357
26 499
-
-
total
17 257
27 956
-
-
Income
161 000
161 000
161 000
161 000
Total tax
65 060
81 426
57 437
77 002
After tax
95 940
79 574
103 563
83 998
Living cost
46 231
46 231
46 231
46 231
Free-cash
49 709
33 343
57 332
37 767

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46615
₽52580
₽56472
₽55821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
23 831
pensions
-
-
-
30 307
other
-
-
-
4 991
health
-
-
-
6 285
surtax
-
-
-
-
social contributions
-
-
-
4 587
total
-
-
-
70 001
Employee
43 191
-
125 689
-
social contributions
1 231
-
3 581
-
surtax
-
-
-
-
income
2 549
-
23 475
-
pensions
4 884
-
8 289
-
total
8 664
-
35 345
-
Employer
43 191
-
125 689
-
other
1 490
-
4 710
-
social contributions
130
-
377
-
unemployment
1 748
-
5 090
-
pensions
7 095
-
14 035
-
health
3 024
-
11 095
-
total
13 487
-
35 307
-
Corporate
104 320
161 000
-
-
surtax
-
-
-
-
income
29 209
45 080
-
-
total
29 209
45 080
-
-
Dividends
75 111
115 920
-
-
surtax
-
-
-
-
social contributions
12 919
19 940
-
-
withholding
9 614
14 838
-
-
total
22 533
34 778
-
-
Income
161 000
161 000
161 000
161 000
Total tax
73 893
79 858
70 652
70 001
After tax
87 107
81 142
90 348
90 999
Living cost
34 527
34 527
34 527
34 527
Free-cash
52 580
46 615
55 821
56 472

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50035
₽55642
₽59892
₽59241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
23 831
pensions
-
-
-
30 307
other
-
-
-
4 991
health
-
-
-
6 285
surtax
-
-
-
-
social contributions
-
-
-
4 587
total
-
-
-
70 001
Employee
38 554
-
125 689
-
social contributions
1 099
-
3 581
-
surtax
-
-
-
-
income
1 988
-
23 475
-
pensions
4 361
-
8 289
-
total
7 448
-
35 345
-
Employer
38 554
-
125 689
-
other
1 331
-
4 710
-
social contributions
115
-
377
-
unemployment
1 561
-
5 090
-
pensions
6 335
-
14 035
-
health
2 698
-
11 095
-
total
12 040
-
35 307
-
Corporate
110 405
161 000
-
-
surtax
-
-
-
-
income
30 914
45 080
-
-
total
30 914
45 080
-
-
Dividends
79 491
115 920
-
-
surtax
-
-
-
-
social contributions
13 674
19 940
-
-
withholding
10 175
14 838
-
-
total
23 849
34 778
-
-
Income
161 000
161 000
161 000
161 000
Total tax
74 251
79 858
70 652
70 001
After tax
86 749
81 142
90 348
90 999
Living cost
31 107
31 107
31 107
31 107
Free-cash
55 642
50 035
59 241
59 892

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76826
₽77349
₽81996
₽79168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
24 150
health
-
-
-
11 238
social contributions
-
-
-
22 217
total
-
-
-
57 605
Employee
34 217
-
161 000
-
social contributions
4 723
-
22 217
-
health
2 388
-
11 238
-
income
5 707
-
26 978
-
total
12 818
-
60 433
-
Employer
34 217
-
161 000
-
total
-
-
-
-
Corporate
126 783
161 000
-
-
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%.

6 339
8 049
-
-
total
6 339
8 049
-
-
Dividends
120 444
152 951
-
-
health
8 407
10 677
-
-
social contributions
16 621
21 106
-
-
withholding
18 067
22 943
-
-
total
43 095
54 726
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 252
62 775
60 433
57 605
After tax
98 748
98 225
100 567
103 395
Living cost
21 399
21 399
21 399
21 399
Free-cash
77 349
76 826
79 168
81 996

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53680
₽52118
₽47028
₽6746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
chamber of commerce
-
-
-
643
income
-
-
-
40 551
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
78 412
Employee
50 434
40 217
126 260
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
31 996
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
53 348
-
Employer
50 434
40 217
126 260
-
accident
655
523
1 532
-
other
2 396
1 909
5 925
-
chamber of commerce
201
161
506
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 788
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 739
-
Corporate
95 854
109 009
122 430
-
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.

23 964
27 252
30 607
-
total
23 964
27 252
30 607
-
Dividends
71 890
81 756
-
-
withholding
19 770
22 483
-
-
total
19 770
22 483
-
-
Income
161 000
161 000
161 000
161 000
Total tax
73 322
71 760
118 694
78 412
After tax
87 678
89 240
42 306
82 588
Living cost
35 560
35 560
35 560
35 560
Free-cash
52 118
53 680
6 746
47 028

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53282
₽38145
₽32962
₽20824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
national
-
-
-
58 070
communal

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

-
-
-
8 158
social contributions
-
-
-
25 014
total
-
-
-
91 242
Employee

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

72 187
-
124 701
-
communal

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

3 765
-
6 504
-
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.

3 392
-
5 862
-
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.

5 414
-
9 353
-
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.

628
-
1 084
-
national
22 193
-
44 279
-
total
35 392
-
67 082
-
Employer

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

72 187
-
124 701
-
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.

938
-
1 620
-
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.

1 053
-
1 821
-
surtax
8 185
-
14 141
-
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.

6 396
-
11 048
-
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.

4 439
-
7 668
-
total
21 011
-
36 298
-
Corporate
67 800
161 000
-
-
surtax
272
643
-
-
income
13 561
32 201
-
-
total
13 833
32 844
-
-
Dividends
53 967
128 156
-
-
withholding

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

15 823
38 078
-
-
total
15 823
38 078
-
-
Income
161 000
161 000
161 000
161 000
Total tax
86 059
70 922
103 380
91 242
After tax
74 941
90 078
57 620
69 758
Living cost
36 796
36 796
36 796
36 796
Free-cash
38 145
53 282
20 824
32 962

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71074
₽63856
₽54093
₽49859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
843
income
-
-
-
42 398
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 461
Employee
50 235
-
131 180
-
other
50
-
94
-
income
10 599
-
38 933
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
44 874
-
Employer
50 235
-
131 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
94 753
161 000
-
-
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.

14 212
24 150
-
-
total
14 212
24 150
-
-
Dividends
80 541
136 850
-
-
withholding
16 684
29 330
-
-
total
16 684
29 330
-
-
Income
161 000
161 000
161 000
161 000
Total tax
60 698
53 480
74 695
70 461
After tax
100 302
107 520
86 305
90 539
Living cost
36 446
36 446
36 446
36 446
Free-cash
63 856
71 074
49 859
54 093

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40336
₽28241
₽26633
₽33054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
1 358
income
-
-
-
24 564
pensions
-
-
-
24 132
health
-
-
-
11 313
surtax
-
-
-
7 982
communal
-
-
-
10 175
total
-
-
-
79 524
Employee
76 425
-
143 812
-
health
3 401
-
6 400
-
surtax
4 684
-
8 813
-
income
7 382
-
29 199
-
pensions
6 113
-
11 504
-
total
21 580
-
55 916
-
Employer
76 425
-
143 812
-
accident
688
-
1 295
-
pensions
6 113
-
11 504
-
health
2 331
-
4 388
-
total
9 132
-
17 187
-
Corporate
75 444
161 000
-
-
surtax
793
1 691
-
-
communal
5 092
10 868
-
-
income
11 316
24 150
-
-
total
17 201
36 709
-
-
Dividends
58 243
124 291
-
-
income
21 266
10 468
-
-
withholding
8 737
18 644
-
-
total
30 003
29 112
-
-
Income
161 000
161 000
161 000
161 000
Total tax
77 916
65 821
73 103
79 524
After tax
83 084
95 179
87 897
81 476
Living cost
54 843
54 843
54 843
54 843
Free-cash
28 241
40 336
33 054
26 633

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78600
₽75394
₽53739
₽47665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
41 749
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 115
total
-
-
-
84 594
Employee
33 986
-
133 001
-
other
-
-
-
-
health
868
-
3 392
-
surtax
121
-
5 155
-
income
5 697
-
35 995
-
pensions
2 267
-
8 871
-
unemployment
2 365
-
9 258
-
total
11 318
-
62 671
-
Employer
33 986
-
133 001
-
other
-
-
-
-
unemployment
1 078
-
4 217
-
pensions
4 531
-
17 728
-
health
1 545
-
6 052
-
total
7 154
-
27 997
-
Corporate
119 859
161 000
-
-
income
31 163
41 861
-
-
total
31 163
41 861
-
-
Dividends
88 697
119 139
-
-
withholding
13 304
17 872
-
-
total
13 304
17 872
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 939
59 733
90 668
84 594
After tax
98 061
101 267
70 332
76 406
Living cost
22 667
22 667
22 667
22 667
Free-cash
75 394
78 600
47 665
53 739

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57441
₽55200
₽50196
₽42961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
958
regional
-
-
-
2 427
national
-
-
-
38 825
social contributions
-
-
-
41 409
total
-
-
-
83 619
Employee
55 981
-
161 000
-
social contributions
18 877
-
54 290
-
regional
754
-
2 167
-
municipal
297
-
854
-
national
8 869
-
33 543
-
total
28 797
-
90 854
-
Employer
55 981
-
161 000
-
total
-
-
-
-
Corporate
105 019
161 000
-
-
nationa
25 205
38 639
-
-
municipal
5 219
8 001
-
-
total
30 424
46 640
-
-
Dividends
74 596
114 359
-
-
withholding
19 394
29 734
-
-
total
19 394
29 734
-
-
Income
161 000
161 000
161 000
161 000
Total tax
78 615
76 374
90 854
83 619
After tax
82 385
84 626
70 146
77 381
Living cost
27 185
27 185
27 185
27 185
Free-cash
55 200
57 441
42 961
50 196

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81064
₽70439
₽59026
₽52149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
15 673
health
-
-
-
21 735
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
72 189
Employee
43 801
-
120 387
-
social contributions
2 847
-
7 742
-
health
5 913
-
16 252
-
solidarity contribution
-
-
-
-
income
5 256
-
14 459
-
total
14 016
-
38 453
-
Employer
43 801
-
120 387
-
social contributions
10 950
-
29 778
-
health
3 942
-
10 835
-
total
14 892
-
40 613
-
Corporate
102 306
161 000
-
-
income
19 438
30 590
-
-
total
19 438
30 590
-
-
Dividends
82 868
130 410
-
-
withholding
12 430
19 561
-
-
total
12 430
19 561
-
-
Income
161 000
161 000
161 000
161 000
Total tax
60 776
50 151
79 066
72 189
After tax
100 224
110 849
81 934
88 811
Living cost
29 785
29 785
29 785
29 785
Free-cash
70 439
81 064
52 149
59 026

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57151
₽56655
₽50590
₽10170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
chamber of commerce
-
-
-
643
income
-
-
-
40 551
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
78 213
Employee
44 114
40 217
126 446
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
32 074
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
53 426
-
Employer
44 114
40 217
126 446
-
accident
573
523
1 532
-
other
2 095
1 909
5 933
-
chamber of commerce
176
161
506
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 794
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 554
-
Corporate
104 190
109 208
122 615
-
income

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

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

26 047
27 302
30 653
-
total
26 047
27 302
30 653
-
Dividends
78 143
81 906
-
-
withholding
21 489
22 524
-
-
total
21 489
22 524
-
-
Income
161 000
161 000
161 000
161 000
Total tax
72 148
71 652
118 633
78 213
After tax
88 852
89 348
42 367
82 787
Living cost
32 197
32 197
32 197
32 197
Free-cash
56 655
57 151
10 170
50 590

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138801
₽136148
₽145241
₽114651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
161 000
microenterprise

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

-
-
-
1 610
total
-
-
-
1 610
Employee
17 686
-
161 000
-
income
3 537
-
32 200
-
total
3 537
-
32 200
-
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%.

143 314
161 000
-
-
total
-
-
-
-
Dividends
143 314
161 000
-
-
withholding
7 166
8 050
-
-
total
7 166
8 050
-
-
Income
161 000
161 000
161 000
161 000
Total tax
10 703
8 050
32 200
1 610
After tax
150 297
152 950
128 800
159 390
Living cost
14 149
14 149
14 149
14 149
Free-cash
136 148
138 801
114 651
145 241

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83780
₽75340
₽52415
₽48151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
income
-
-
-
36 030
pensions
-
-
-
29 403
unemployment
-
-
-
241
health
-
-
-
15 842
total
-
-
-
81 516
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.

44 626
-
139 308
-
health
2 882
-
8 999
-
income
7 696
-
33 301
-
pensions
6 917
-
21 593
-
unemployment
63
-
195
-
total
17 558
-
64 088
-
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.

44 626
-
139 308
-
unemployment
27
-
84
-
pensions
3 949
-
12 329
-
health
2 972
-
9 279
-
total
6 948
-
21 692
-
Corporate
109 426
161 000
-
-
income
20 790
30 590
-
-
total
20 790
30 590
-
-
Dividends
88 635
130 410
-
-
withholding
13 295
19 561
-
-
total
13 295
19 561
-
-
Income
161 000
161 000
161 000
161 000
Total tax
58 591
50 151
85 780
81 516
After tax
102 409
110 849
75 220
79 484
Living cost
27 069
27 069
27 069
27 069
Free-cash
75 340
83 780
48 151
52 415

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54368
₽6322
₽67680
₽104128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
31 382
social contributions
-
-
-
18 354
total
-
-
-
49 736
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
10 391
161 000
-
-
income
2 286
35 420
-
-
total
2 286
35 420
-
-
Dividends
8 105
125 580
-
-
income
1 783
27 628
-
-
total
1 783
27 628
-
-
Income
161 000
161 000
161 000
161 000
Total tax
111 094
63 048
13 288
49 736
After tax
49 906
97 952
147 712
111 264
Living cost
43 584
43 584
43 584
43 584
Free-cash
6 322
54 368
104 128
67 680

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59923
₽58905
₽55181
₽43438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
income
-
-
-
18 216
surtax
-
-
-
-
social contributions

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

-
-
-
55 948
total
-
-
-
74 164
Employee
46 415
-
130 102
-
social contributions
5 106
-
14 312
-
surtax
-
-
-
-
income
9 654
-
40 697
-
total
14 760
-
55 009
-
Employer
46 415
-
130 102
-
social contributions
11 023
-
30 898
-
total
11 023
-
30 898
-
Corporate
103 562
161 000
-
-
surtax
-
-
-
-
income
21 748
33 809
-
-
total
21 748
33 809
-
-
Dividends
81 814
127 191
-
-
withholding
22 909
35 613
-
-
total
22 909
35 613
-
-
Income
161 000
161 000
161 000
161 000
Total tax
70 440
69 422
85 907
74 164
After tax
90 560
91 578
75 093
86 836
Living cost
31 655
31 655
31 655
31 655
Free-cash
58 905
59 923
43 438
55 181

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32400
₽39337
₽42257
₽41606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
23 831
pensions
-
-
-
30 307
other
-
-
-
4 991
health
-
-
-
6 285
surtax
-
-
-
-
social contributions
-
-
-
4 587
total
-
-
-
70 001
Employee
63 207
-
125 689
-
social contributions
1 800
-
3 581
-
surtax
-
-
-
-
income
5 515
-
23 475
-
pensions
7 149
-
8 289
-
total
14 464
-
35 345
-
Employer
63 207
-
125 689
-
other
2 181
-
4 710
-
social contributions
190
-
377
-
unemployment
2 561
-
5 090
-
pensions
10 386
-
14 035
-
health
4 424
-
11 095
-
total
19 742
-
35 307
-
Corporate
78 052
161 000
-
-
surtax
-
-
-
-
income
21 855
45 080
-
-
total
21 855
45 080
-
-
Dividends
56 197
115 920
-
-
surtax
-
-
-
-
social contributions
9 667
19 940
-
-
withholding
7 193
14 838
-
-
total
16 860
34 778
-
-
Income
161 000
161 000
161 000
161 000
Total tax
72 921
79 858
70 652
70 001
After tax
88 079
81 142
90 348
90 999
Living cost
48 742
48 742
48 742
48 742
Free-cash
39 337
32 400
41 606
42 257

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114564
₽111174
₽88815
₽93092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
6 429
social contributions
-
-
-
35 420
total
-
-
-
41 849
Employee
32 444
-
139 394
-
income
-
-
6 904
-
social contributions
2 109
-
9 062
-
total
2 109
-
15 966
-
Employer
32 444
-
139 394
-
social contributions
5 029
-
21 606
-
total
5 029
-
21 606
-
Corporate
123 527
161 000
-
-
income
12 352
16 100
-
-
total
12 352
16 100
-
-
Dividends
111 174
144 900
-
-
total
-
-
-
-
Income
161 000
161 000
161 000
161 000
Total tax
19 490
16 100
37 572
41 849
After tax
141 510
144 900
123 428
119 151
Living cost
30 336
30 336
30 336
30 336
Free-cash
111 174
114 564
93 092
88 815

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58973
-₽58973
₽47305
-₽58973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
33 037
pensions
-
-
-
875
national
-
-
-
18 350
labour market
-
-
-
12 810
total
-
-
-
65 072
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
161 000
161 000
161 000
161 000
Total tax
171 350
171 350
171 350
65 072
After tax
-10 350
-10 350
-10 350
95 928
Living cost
48 623
48 623
48 623
48 623
Free-cash
-58 973
-58 973
-58 973
47 305

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8705
₽9708
₽88372
₽65153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
253
income
-
-
-
43 895
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 882
Employee
34 209
-
144 013
-
health
3 917
-
16 490
-
income
4 693
-
32 970
-
pensions
3 852
-
7 654
-
total
12 462
-
57 114
-
Employer
34 209
-
144 013
-
accident
571
-
2 405
-
unemployment
838
-
3 529
-
pensions
5 562
-
11 053
-
total
6 971
-
16 987
-
Corporate
119 820
161 000
-
-
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.

107 837
144 900
-
-
total
107 837
144 900
-
-
Dividends
11 982
16 100
-
-
withholding
2 276
3 059
-
-
total
2 276
3 059
-
-
Income
161 000
161 000
161 000
161 000
Total tax
129 546
147 959
74 101
50 882
After tax
31 454
13 041
86 899
110 118
Living cost
21 746
21 746
21 746
21 746
Free-cash
9 708
-8 705
65 153
88 372

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63182
₽65316
₽67534
₽46779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
161 000
municipal
-
-
-
28 610
health
-
-
-
2 059
national
-
-
-
24 052
total
-
-
-
54 721
Employee
53 095
-
135 441
-
health
396
-
1 664
-
municipal
8 697
-
22 068
-
pensions
3 583
-
9 143
-
unemployment
797
-
2 032
-
national
877
-
15 010
-
total
14 350
-
49 917
-
Employer
53 095
-
135 441
-
accident
54
-
136
-
unemployment
345
-
881
-
pensions
9 212
-
23 498
-
health
408
-
1 044
-
total
10 019
-
25 559
-
Corporate
97 887
161 000
-
-
income
19 578
32 201
-
-
total
19 578
32 201
-
-
Dividends

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

58 731
96 599
-
-
national
2 421
9 485
-
-
municipal
10 571
17 387
-
-
total
12 992
26 872
-
-
Income
161 000
161 000
161 000
161 000
Total tax
56 939
59 073
75 476
54 721
After tax
104 061
101 927
85 524
106 279
Living cost
38 745
38 745
38 745
38 745
Free-cash
65 316
63 182
46 779
67 534

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94139
₽88649
₽87519
₽86058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
29 682
health
-
-
-
4 106
social contributions
-
-
-
16 328
total
-
-
-
50 116
Employee
77 601
77 601
149 546
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 541
-
income
8 449
7 184
28 895
-
total
11 984
14 945
40 123
-
Employer
77 601
77 601
149 546
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 767
-
total
3 587
7 877
11 454
-
Corporate
122 063
75 522
-
-
income
15 258
9 440
-
-
total
15 258
9 440
-
-
Dividends
106 805
66 082
-
-
withholding
18 157
11 234
-
-
total
18 157
11 234
-
-
Income
161 000
161 000
161 000
161 000
Total tax
48 986
43 496
51 577
50 116
After tax
112 014
117 504
109 423
110 884
Living cost
23 365
23 365
23 365
23 365
Free-cash
88 649
94 139
86 058
87 519

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117301
₽112166
₽118635
₽98392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
161 000
income
-
-
-
16 242
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 342
Employee

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

23 164
-
151 137
-
health
1 969
-
8 139
-
income
1 584
-
13 741
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 722
-
Employer

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

23 164
-
151 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
135 451
161 000
-
-
income
12 190
14 490
-
-
total
12 190
14 490
-
-
Dividends
123 262
146 510
-
-
withholding
11 094
13 186
-
-
total
11 094
13 186
-
-
Income
161 000
161 000
161 000
161 000
Total tax
32 811
27 676
46 585
26 342
After tax
128 189
133 324
114 415
134 658
Living cost
16 023
16 023
16 023
16 023
Free-cash
112 166
117 301
98 392
118 635

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79769
₽75297
₽62788
₽58554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
843
income
-
-
-
42 398
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 461
Employee
37 315
-
131 180
-
other
36
-
94
-
income
7 194
-
38 933
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
44 874
-
Employer
37 315
-
131 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
111 788
161 000
-
-
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.

16 769
24 150
-
-
total
16 769
24 150
-
-
Dividends
95 019
136 850
-
-
withholding
19 724
29 330
-
-
total
19 724
29 330
-
-
Income
161 000
161 000
161 000
161 000
Total tax
57 952
53 480
74 695
70 461
After tax
103 048
107 520
86 305
90 539
Living cost
27 751
27 751
27 751
27 751
Free-cash
75 297
79 769
58 554
62 788

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97708
₽97254
₽100276
₽100078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
54 501
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
57 968
Employee
4 198
-
158 738
-
health
210
-
503
-
income
812
-
54 395
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
55 904
-
Employer
4 198
-
158 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
155 858
161 000
-
-
income
34 289
35 420
-
-
total
34 289
35 420
-
-
Dividends
121 569
125 580
-
-
withholding
24 314
25 116
-
-
total
24 314
25 116
-
-
Income
161 000
161 000
161 000
161 000
Total tax
60 990
60 536
58 166
57 968
After tax
100 010
100 464
102 834
103 032
Living cost
2 756
2 756
2 756
2 756
Free-cash
97 254
97 708
100 078
100 276

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98869
₽93905
₽79320
₽79321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
income
-
-
-
36 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
64 227
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.

26 319
-
147 649
-
health
1 355
-
3 841
-
income
3 628
-
36 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
50 876
-
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.

26 319
-
147 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
129 970
161 000
-
-
income
19 496
24 150
-
-
total
19 496
24 150
-
-
Dividends
110 475
136 850
-
-
withholding
16 571
20 528
-
-
total
16 571
20 528
-
-
Income
161 000
161 000
161 000
161 000
Total tax
49 642
44 678
64 226
64 227
After tax
111 358
116 322
96 774
96 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
93 905
98 869
79 321
79 320

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64371
₽64005
₽59629
₽47886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
income
-
-
-
18 216
surtax
-
-
-
-
social contributions

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

-
-
-
55 948
total
-
-
-
74 164
Employee
39 169
-
130 102
-
social contributions
4 309
-
14 312
-
surtax
-
-
-
-
income
7 653
-
40 697
-
total
11 962
-
55 009
-
Employer
39 169
-
130 102
-
social contributions
9 302
-
30 898
-
total
9 302
-
30 898
-
Corporate
112 530
161 000
-
-
surtax
-
-
-
-
income
23 631
33 809
-
-
total
23 631
33 809
-
-
Dividends
88 899
127 191
-
-
withholding
24 893
35 613
-
-
total
24 893
35 613
-
-
Income
161 000
161 000
161 000
161 000
Total tax
69 788
69 422
85 907
74 164
After tax
91 212
91 578
75 093
86 836
Living cost
27 207
27 207
27 207
27 207
Free-cash
64 005
64 371
47 886
59 629

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72053
₽65177
₽55072
₽50838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
843
income
-
-
-
42 398
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 461
Employee
48 739
-
131 180
-
other
48
-
94
-
income
10 180
-
38 933
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
44 874
-
Employer
48 739
-
131 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
96 722
161 000
-
-
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.

14 509
24 150
-
-
total
14 509
24 150
-
-
Dividends
82 213
136 850
-
-
withholding
17 035
29 330
-
-
total
17 035
29 330
-
-
Income
161 000
161 000
161 000
161 000
Total tax
60 356
53 480
74 695
70 461
After tax
100 644
107 520
86 305
90 539
Living cost
35 467
35 467
35 467
35 467
Free-cash
65 177
72 053
50 838
55 072

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120284
₽114131
₽110062
₽116193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
24 150
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 567
Employee
23 001
-
154 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 408
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 515
-
Employer
23 001
-
154 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
133 486
161 000
-
-
income
13 348
16 100
-
-
total
13 348
16 100
-
-
Dividends
120 138
144 900
-
-
withholding
6 007
7 245
-
-
total
6 007
7 245
-
-
Income
161 000
161 000
161 000
161 000
Total tax
29 498
23 345
27 436
33 567
After tax
131 502
137 655
133 564
127 433
Living cost
17 371
17 371
17 371
17 371
Free-cash
114 131
120 284
116 193
110 062

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43923
₽57128
₽48231
₽64601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
trade
-
-
-
16 370
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.

-
-
-
47 908
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.

-
-
-
6 894
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.

-
-
-
2 635
total
-
-
-
73 807
Employee

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

50 213
-
161 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

228
-
2 635
-
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.

4 129
-
47 908
-
total
11 251
-
57 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 787
161 000
-
-
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.

914
1 329
-
-
income
16 617
24 150
-
-
trade
15 897
23 104
-
-
chamber of commerce
316
389
-
-
total
33 744
48 972
-
-
Dividends
77 043
112 029
-
-
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.

1 038
1 519
-
-
withholding
18 877
27 624
-
-
total
19 915
29 143
-
-
Income
161 000
161 000
161 000
161 000
Total tax
64 910
78 115
57 437
73 807
After tax
96 090
82 885
103 563
87 193
Living cost
38 962
38 962
38 962
38 962
Free-cash
57 128
43 923
64 601
48 231

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55212
₽57442
₽29322
₽29322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
47 719
social contributions
-
-
-
26 472
total
-
-
-
74 191
Employee
78 941
-
161 000
-
income
14 896
-
47 719
-
social contributions
6 558
-
26 472
-
total
21 454
-
74 191
-
Employer
78 941
-
161 000
-
total
-
-
-
-
Corporate
82 059
161 000
-
-
income
10 257
20 126
-
-
total
10 257
20 126
-
-
Dividends
71 802
140 874
-
-
withholding
14 360
28 175
-
-
total
14 360
28 175
-
-
Income
161 000
161 000
161 000
161 000
Total tax
46 071
48 301
74 191
74 191
After tax
114 929
112 699
86 809
86 809
Living cost
57 487
57 487
57 487
57 487
Free-cash
57 442
55 212
29 322
29 322

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62684
₽66212
₽88898
₽78863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
156 358
-
income
5 023
-
36 219
-
social contributions
4 638
-
4 642
-
total
9 661
-
40 861
-
Employer
46 295
-
156 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
110 066
161 000
-
-
income
38 523
56 350
-
-
total
38 523
56 350
-
-
Dividends
71 544
104 650
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
161 000
161 000
161 000
161 000
Total tax
58 154
61 682
45 503
35 468
After tax
102 846
99 318
115 497
125 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
66 212
62 684
78 863
88 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69646
₽75644
₽70455
₽55784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
income
-
-
-
44 167
pensions
-
-
-
8 763
total
-
-
-
52 930
Employee
51 632
-
140 803
-
health
674
-
2 110
-
income
9 403
-
34 388
-
pensions
3 941
-
10 906
-
total
14 018
-
47 404
-
Employer
51 632
-
140 803
-
pensions
5 216
-
17 521
-
health
981
-
2 676
-
total
6 197
-
20 197
-
Corporate
103 170
161 000
-
-
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.

19 601
30 590
-
-
total
19 601
30 590
-
-
Dividends
83 569
130 410
-
-
withholding
7 925
23 149
-
-
total
7 925
23 149
-
-
Income
161 000
161 000
161 000
161 000
Total tax
47 741
53 739
67 601
52 930
After tax
113 259
107 261
93 399
108 070
Living cost
37 615
37 615
37 615
37 615
Free-cash
75 644
69 646
55 784
70 455

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10859
₽9375
₽86218
₽62999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
accident
-
-
-
253
income
-
-
-
43 895
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 882
Employee
37 595
-
144 013
-
health
4 304
-
16 490
-
income
5 158
-
32 970
-
pensions
4 233
-
7 654
-
total
13 695
-
57 114
-
Employer
37 595
-
144 013
-
accident
628
-
2 405
-
unemployment
921
-
3 529
-
pensions
6 113
-
11 053
-
total
7 662
-
16 987
-
Corporate
115 744
161 000
-
-
income

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

104 169
144 900
-
-
total
104 169
144 900
-
-
Dividends
11 574
16 100
-
-
withholding
2 199
3 059
-
-
total
2 199
3 059
-
-
Income
161 000
161 000
161 000
161 000
Total tax
127 725
147 959
74 101
50 882
After tax
33 275
13 041
86 899
110 118
Living cost
23 900
23 900
23 900
23 900
Free-cash
9 375
-10 859
62 999
86 218

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121850
₽117128
₽76803
₽98888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 000
work injury
-
-
-
805
health insurance
-
-
-
11 914
income
-
-
-
26 291
pensions
-
-
-
29 624
unemployment
-
-
-
1 932
total
-
-
-
70 566
Employee

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

21 810
-
161 000
-
work injury
109
-
403
-
income
2 181
-
26 291
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 481
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 190
161 000
-
-
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%.

1 392
1 610
-
-
total
1 392
1 610
-
-
Dividends
137 798
159 390
-
-
withholding
20 670
23 909
-
-
total
20 670
23 909
-
-
Income
161 000
161 000
161 000
161 000
Total tax
30 241
25 519
48 481
70 566
After tax
130 759
135 481
112 519
90 434
Living cost
13 631
13 631
13 631
13 631
Free-cash
117 128
121 850
98 888
76 803

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44603
₽40010
₽35817
₽28752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 000
municipal
-
-
-
1 076
regional
-
-
-
3 670
national
-
-
-
38 825
social contributions
-
-
-
41 409
total
-
-
-
84 980
Employee
85 040
-
161 000
-
social contributions
28 675
-
54 290
-
regional
1 284
-
3 253
-
municipal
508
-
959
-
national
14 371
-
33 543
-
total
44 838
-
92 045
-
Employer
85 040
-
161 000
-
total
-
-
-
-
Corporate
75 960
161 000
-
-
nationa
18 230
38 639
-
-
municipal
3 662
7 760
-
-
total
21 892
46 399
-
-
Dividends
54 068
114 601
-
-
withholding
14 057
29 795
-
-
total
14 057
29 795
-
-
Income
161 000
161 000
161 000
161 000
Total tax
80 787
76 194
92 045
84 980
After tax
80 213
84 806
68 955
76 020
Living cost
40 203
40 203
40 203
40 203
Free-cash
40 010
44 603
28 752
35 817

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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