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
₽ 166000
per

Your estimated
City
free-cash

Dresden , Germany
₽53176
₽64339
₽57026
₽75780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
trade
-
-
-
18 754
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.

-
-
-
50 009
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.

-
-
-
2 750
total
-
-
-
78 407
Employee

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

38 599
-
166 000
-
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
-
2 750
-
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
-
50 009
-
total
8 031
-
59 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 401
166 000
-
-
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.

1 051
1 369
-
-
income
19 111
24 900
-
-
trade
20 066
26 145
-
-
chamber of commerce
337
393
-
-
total
40 565
52 807
-
-
Dividends
86 836
113 193
-
-
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.

1 172
1 536
-
-
withholding
21 326
27 914
-
-
total
22 498
29 450
-
-
Income
166 000
166 000
166 000
166 000
Total tax
71 094
82 257
59 653
78 407
After tax
94 906
83 743
106 347
87 593
Living cost
30 567
30 567
30 567
30 567
Free-cash
64 339
53 176
75 780
57 026

Estimated living cost  is ₽30567 per week

₽19227
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
₽52590
₽51742
₽47138
₽48441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
18 106
pensions
-
-
-
19 920
national
-
-
-
28 057
social contributions
-
-
-
1 785
total
-
-
-
67 868
Employee
79 050
-
143 505
-
municipal
9 764
-
18 749
-
pensions
3 162
-
5 740
-
national
15 130
-
29 053
-
total
28 056
-
53 542
-
Employer
79 050
-
143 505
-
social contributions
850
-
1 543
-
pensions
6 324
-
11 480
-
total
7 174
-
13 023
-
Corporate
74 559
166 000
-
-
income

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

14 912
33 200
-
-
total
14 912
33 200
-
-
Dividends
59 647
132 800
-
-
withholding
13 122
29 216
-
-
total
13 122
29 216
-
-
Income
166 000
166 000
166 000
166 000
Total tax
63 264
62 416
66 565
67 868
After tax
102 736
103 584
99 435
98 132
Living cost
50 994
50 994
50 994
50 994
Free-cash
51 742
52 590
48 441
47 138

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
₽111805
₽103527
₽35278
₽47122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
microenterprise
-
-
-
-
income
-
-
-
28 732
surtax
-
-
-
42 329
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
-
-
-
109 727
Employee
29 488
-
123 447
-
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
-
13 229
-
surtax
-
-
17 900
-
income
5 249
-
24 201
-
total
8 493
-
55 330
-
Employer
29 488
-
123 447
-
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
-
28 973
-
surtax
-
-
13 580
-
total
7 103
-
42 553
-
Corporate
129 409
166 000
-
-
income

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

25 882
33 200
-
-
total
25 882
33 200
-
-
Dividends

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

103 526
132 800
-
-
total
-
-
-
-
Income
166 000
166 000
166 000
166 000
Total tax
41 478
33 200
97 883
109 727
After tax
124 522
132 800
68 117
56 273
Living cost
20 995
20 995
20 995
20 995
Free-cash
103 527
111 805
47 122
35 278

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
₽39736
₽33554
₽50188
₽60162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
49 269
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
73 537
Employee
86 179
86 179
147 246
-
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
20 541
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
44 809
-
Employer
86 179
86 179
147 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
65 787
64 730
-
-
income
13 157
12 946
-
-
total
13 157
12 946
-
-
Dividends
52 631
51 784
-
-
income
11 184
11 004
-
-
withholding
7 894
7 768
-
-
total
19 078
18 772
-
-
Income
166 000
166 000
166 000
166 000
Total tax
90 171
83 989
63 563
73 537
After tax
75 829
82 011
102 437
92 463
Living cost
42 276
42 276
42 276
42 276
Free-cash
33 554
39 736
60 162
50 188

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
₽51646
₽50770
₽46628
₽45682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
42 119
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
13 507
total
-
-
-
80 382
Employee
55 558
-
139 151
-
municipal
16 567
-
41 495
-
national
-
-
12 984
-
total
16 567
-
54 479
-
Employer
55 558
-
139 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
92 986
166 000
-
-
income
20 457
36 520
-
-
total
20 457
36 520
-
-
Dividends
72 529
129 480
-
-
withholding
21 759
38 844
-
-
total
21 759
38 844
-
-
Income
166 000
166 000
166 000
166 000
Total tax
76 240
75 364
81 328
80 382
After tax
89 760
90 636
84 672
85 618
Living cost
38 990
38 990
38 990
38 990
Free-cash
50 770
51 646
45 682
46 628

Estimated living cost  is ₽38990 per week

₽25841
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
₽43247
₽57424
₽47114
₽66703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
trade
-
-
-
19 589
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.

-
-
-
50 009
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.

-
-
-
2 750
total
-
-
-
79 242
Employee

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

51 177
-
166 000
-
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
-
2 750
-
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
-
50 009
-
total
11 532
-
59 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 823
166 000
-
-
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.

948
1 369
-
-
income
17 224
24 900
-
-
trade
18 889
27 307
-
-
chamber of commerce
316
389
-
-
total
37 377
53 965
-
-
Dividends
77 446
112 035
-
-
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.

1 044
1 519
-
-
withholding
18 979
27 625
-
-
total
20 023
29 144
-
-
Income
166 000
166 000
166 000
166 000
Total tax
68 932
83 109
59 653
79 242
After tax
97 068
82 891
106 347
86 758
Living cost
39 644
39 644
39 644
39 644
Free-cash
57 424
43 247
66 703
47 114

Estimated living cost  is ₽39644 per week

₽26514
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88407
₽84220
₽81320
₽79825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
31 388
health
-
-
-
4 232
social contributions
-
-
-
16 328
total
-
-
-
51 948
Employee
77 600
77 600
154 456
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 626
-
income
8 149
7 183
30 586
-
total
12 692
14 942
41 899
-
Employer
77 600
77 600
154 456
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 857
-
total
4 612
7 876
11 544
-
Corporate
115 965
80 523
-
-
income
14 495
10 066
-
-
total
14 495
10 066
-
-
Dividends
101 470
70 457
-
-
withholding
17 249
11 977
-
-
total
17 249
11 977
-
-
Income
166 000
166 000
166 000
166 000
Total tax
49 048
44 861
53 443
51 948
After tax
116 952
121 139
112 557
114 052
Living cost
32 732
32 732
32 732
32 732
Free-cash
84 220
88 407
79 825
81 320

Estimated living cost  is ₽32732 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
₽74939
₽75320
₽96660
₽77894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
20 293
pensions
-
-
-
16 600
unemployment
-
-
-
2 490
health
-
-
-
11 620
total
-
-
-
51 003
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.

26 470
10 535
138 912
-
health
1 853
737
9 724
-
income
3 236
1 288
16 982
-
pensions
2 647
1 053
13 891
-
unemployment
397
158
2 084
-
total
8 133
3 236
42 681
-
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.

26 470
10 535
138 912
-
pensions
5 162
2 054
27 088
-
total
5 162
2 054
27 088
-
Corporate
134 369
153 411
-
-
income
12 093
13 807
-
-
total
12 093
13 807
-
-
Dividends
122 276
139 604
-
-
social contributions
23 723
27 102
-
-
withholding
23 232
26 525
-
-
total
46 955
53 627
-
-
Income
166 000
166 000
166 000
166 000
Total tax
72 343
72 724
69 769
51 003
After tax
93 657
93 276
96 231
114 997
Living cost
18 337
18 337
18 337
18 337
Free-cash
75 320
74 939
77 894
96 660

Estimated living cost  is ₽18337 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
₽108425
₽102154
₽64602
₽71305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
22 244
pensions
-
-
-
33 200
health
-
-
-
21 579
total
-
-
-
77 023
Employee
28 629
-
124 067
-
income
3 223
-
23 919
-
pensions
573
-
2 482
-
unemployment
458
-
1 986
-
total
4 254
-
28 387
-
Employer
28 629
-
124 067
-
unemployment
230
-
992
-
pensions
5 726
-
24 812
-
health
3 721
-
16 129
-
total
9 677
-
41 933
-
Corporate
127 695
166 000
-
-
income
25 540
33 200
-
-
total
25 540
33 200
-
-
Dividends
102 155
132 800
-
-
total
-
-
-
-
Income
166 000
166 000
166 000
166 000
Total tax
39 471
33 200
70 320
77 023
After tax
126 529
132 800
95 680
88 977
Living cost
24 375
24 375
24 375
24 375
Free-cash
102 154
108 425
71 305
64 602

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
-₽8623
₽10060
₽91447
₽67724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
253
income
-
-
-
45 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 484
Employee
34 715
-
148 817
-
health
3 975
-
17 039
-
income
4 763
-
34 332
-
pensions
3 909
-
7 653
-
total
12 647
-
59 024
-
Employer
34 715
-
148 817
-
accident
580
-
2 485
-
unemployment
850
-
3 646
-
pensions
5 645
-
11 052
-
total
7 075
-
17 183
-
Corporate
124 210
166 000
-
-
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.

111 789
149 400
-
-
total
111 789
149 400
-
-
Dividends
12 421
16 600
-
-
withholding
2 360
3 154
-
-
total
2 360
3 154
-
-
Income
166 000
166 000
166 000
166 000
Total tax
133 871
152 554
76 207
52 484
After tax
32 129
13 446
89 793
113 516
Living cost
22 069
22 069
22 069
22 069
Free-cash
10 060
-8 623
67 724
91 447

Estimated living cost  is ₽22069 per week

₽16174
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148621
₽146919
₽155261
₽123721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
166 000
microenterprise

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

-
-
-
1 660
total
-
-
-
1 660
Employee
11 349
-
166 000
-
income
2 269
-
33 200
-
total
2 269
-
33 200
-
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%.

154 651
166 000
-
-
total
-
-
-
-
Dividends
154 651
166 000
-
-
withholding
7 733
8 300
-
-
total
7 733
8 300
-
-
Income
166 000
166 000
166 000
166 000
Total tax
10 002
8 300
33 200
1 660
After tax
155 998
157 700
132 800
164 340
Living cost
9 079
9 079
9 079
9 079
Free-cash
146 919
148 621
123 721
155 261

Estimated living cost  is ₽9079 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
₽95071
₽88255
₽63726
₽67473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
24 511
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
-
-
-
75 384
Employee
36 642
-
132 587
-
health
513
-
1 856
-
income
6 308
-
25 762
-
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
-
9 281
-
unemployment
366
-
1 325
-
total
9 751
-
38 224
-
Employer
36 642
-
132 587
-
accident
293
-
1 061
-
other
1 833
-
6 630
-
unemployment
366
-
1 325
-
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
-
22 541
-
health
513
-
1 856
-
total
9 235
-
33 413
-
Corporate
120 124
166 000
-
-
income
25 226
34 860
-
-
total
25 226
34 860
-
-
Dividends
94 898
131 140
-
-
withholding
6 643
9 179
-
-
total
6 643
9 179
-
-
Income
166 000
166 000
166 000
166 000
Total tax
50 855
44 039
71 637
75 384
After tax
115 145
121 961
94 363
90 616
Living cost
26 890
26 890
26 890
26 890
Free-cash
88 255
95 071
67 473
63 726

Estimated living cost  is ₽26890 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
₽42268
₽42738
₽43281
₽28187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
46 128
pensions
-
-
-
8 864
total
-
-
-
54 992
Employee
95 823
-
145 125
-
health
1 579
-
2 153
-
income
17 273
-
36 065
-
pensions
9 244
-
10 993
-
total
28 096
-
49 211
-
Employer
95 823
-
145 125
-
pensions
11 314
-
18 118
-
health
1 820
-
2 757
-
total
13 134
-
20 875
-
Corporate
57 043
166 000
-
-
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.

10 839
31 540
-
-
total
10 839
31 540
-
-
Dividends
46 204
134 460
-
-
withholding
3 466
24 465
-
-
total
3 466
24 465
-
-
Income
166 000
166 000
166 000
166 000
Total tax
55 535
56 005
70 086
54 992
After tax
110 465
109 995
95 914
111 008
Living cost
67 727
67 727
67 727
67 727
Free-cash
42 738
42 268
28 187
43 281

Estimated living cost  is ₽67727 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
₽128691
₽124002
₽118444
₽124825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
24 900
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
-
-
-
34 317
Employee
17 531
-
159 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 908
-
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
-
21 015
-
Employer
17 531
-
159 080
-
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
145 029
166 000
-
-
income
14 502
16 600
-
-
total
14 502
16 600
-
-
Dividends
130 527
149 400
-
-
withholding
6 526
7 470
-
-
total
6 526
7 470
-
-
Income
166 000
166 000
166 000
166 000
Total tax
28 759
24 070
27 936
34 317
After tax
137 241
141 930
138 064
131 683
Living cost
13 239
13 239
13 239
13 239
Free-cash
124 002
128 691
124 825
118 444

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
₽26051
₽28590
₽36503
₽46477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
49 269
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
73 537
Employee
93 563
86 179
147 246
-
health
11 672
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
20 541
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
44 809
-
Employer
93 563
86 179
147 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
56 056
64 730
-
-
income
11 211
12 946
-
-
total
11 211
12 946
-
-
Dividends
44 845
51 784
-
-
income
9 529
11 004
-
-
withholding
6 726
7 768
-
-
total
16 255
18 772
-
-
Income
166 000
166 000
166 000
166 000
Total tax
81 450
83 989
63 563
73 537
After tax
84 550
82 011
102 437
92 463
Living cost
55 960
55 960
55 960
55 960
Free-cash
28 590
26 051
46 477
36 503

Estimated living cost  is ₽55960 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
₽90121
₽81499
₽68319
₽61137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
16 322
health
-
-
-
22 410
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 511
Employee
35 544
-
124 975
-
social contributions
2 310
-
7 742
-
health
4 798
-
16 872
-
solidarity contribution
-
-
-
-
income
4 265
-
15 054
-
total
11 373
-
39 668
-
Employer
35 544
-
124 975
-
social contributions
8 886
-
29 777
-
health
3 199
-
11 248
-
total
12 085
-
41 025
-
Corporate
118 371
166 000
-
-
income
22 491
31 540
-
-
total
22 491
31 540
-
-
Dividends
95 881
134 460
-
-
withholding
14 382
20 169
-
-
total
14 382
20 169
-
-
Income
166 000
166 000
166 000
166 000
Total tax
60 331
51 709
80 693
73 511
After tax
105 669
114 291
85 307
92 489
Living cost
24 170
24 170
24 170
24 170
Free-cash
81 499
90 121
61 137
68 319

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45984
₽40716
₽37443
₽29942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
986
regional
-
-
-
1 946
national
-
-
-
40 347
social contributions
-
-
-
42 695
total
-
-
-
85 974
Employee
89 689
-
166 000
-
social contributions
30 243
-
55 976
-
regional
846
-
1 716
-
municipal
475
-
881
-
national
15 541
-
34 902
-
total
47 105
-
93 475
-
Employer
89 689
-
166 000
-
total
-
-
-
-
Corporate
76 311
166 000
-
-
nationa
18 314
39 840
-
-
municipal
2 976
6 475
-
-
total
21 290
46 315
-
-
Dividends
55 021
119 686
-
-
withholding
14 306
31 118
-
-
total
14 306
31 118
-
-
Income
166 000
166 000
166 000
166 000
Total tax
82 701
77 433
93 475
85 974
After tax
83 299
88 567
72 525
80 026
Living cost
42 583
42 583
42 583
42 583
Free-cash
40 716
45 984
29 942
37 443

Estimated living cost  is ₽42583 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
₽82146
₽79005
₽56439
₽50140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
44 001
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 561
total
-
-
-
87 292
Employee
33 373
-
137 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 483
-
income
5 594
-
37 965
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
65 240
-
Employer
33 373
-
137 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
125 603
166 000
-
-
income
32 656
43 160
-
-
total
32 656
43 160
-
-
Dividends
92 947
122 840
-
-
withholding
13 942
18 425
-
-
total
13 942
18 425
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 726
61 585
93 591
87 292
After tax
101 274
104 415
72 409
78 708
Living cost
22 269
22 269
22 269
22 269
Free-cash
79 005
82 146
50 140
56 439

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
₽63726
₽70137
₽64739
₽49645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
46 128
pensions
-
-
-
8 864
total
-
-
-
54 992
Employee
64 218
-
145 125
-
health
932
-
2 153
-
income
11 566
-
36 065
-
pensions
5 451
-
10 993
-
total
17 949
-
49 211
-
Employer
64 218
-
145 125
-
pensions
6 952
-
18 118
-
health
1 220
-
2 757
-
total
8 172
-
20 875
-
Corporate
93 610
166 000
-
-
income

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

17 786
31 540
-
-
total
17 786
31 540
-
-
Dividends
75 824
134 460
-
-
withholding
5 687
24 465
-
-
total
5 687
24 465
-
-
Income
166 000
166 000
166 000
166 000
Total tax
49 594
56 005
70 086
54 992
After tax
116 406
109 995
95 914
111 008
Living cost
46 269
46 269
46 269
46 269
Free-cash
70 137
63 726
49 645
64 739

Estimated living cost  is ₽46269 per week

₽34665
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
-₽366
₽32269
₽58631
₽50752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
city
-
-
-
1 749
pensions
-
-
-
15 272
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.

-
-
-
3 320
regional
-
-
-
7 936
health
-
-
-
374
national
-
-
-
2 445
total
-
-
-
31 096
Employee
89 259
-
148 577
-
city
958
-
1 597
-
regional
2 923
-
6 862
-
health
202
-
335
-
pensions
7 499
-
12 481
-
unemployment
-
-
-
-
national
422
-
1 912
-
total
12 004
-
23 187
-
Employer
89 259
-
148 577
-
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
-
2 972
-
unemployment
-
-
-
-
pensions
7 499
-
12 481
-
health
202
-
335
-
total
9 486
-
15 788
-
Corporate
66 275
166 000
-
-
regional
14 016
35 109
-
-
national
5 634
14 110
-
-
total
19 650
49 219
-
-
Dividends
46 624
116 781
-
-
withholding
16 318
40 874
-
-
total
16 318
40 874
-
-
Income
166 000
166 000
166 000
166 000
Total tax
57 458
90 093
38 975
31 096
After tax
108 542
75 907
127 025
134 904
Living cost
76 273
76 273
76 273
76 273
Free-cash
32 269
-366
50 752
58 631

Estimated living cost  is ₽76273 per week

₽49599
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35805
₽52171
₽39695
₽60117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
trade
-
-
-
20 422
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.

-
-
-
50 009
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.

-
-
-
2 750
total
-
-
-
80 075
Employee

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

60 649
-
166 000
-
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
-
2 750
-
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
-
50 009
-
total
14 419
-
59 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 351
166 000
-
-
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.

869
1 369
-
-
income
15 803
24 900
-
-
trade
18 067
28 470
-
-
chamber of commerce
301
387
-
-
total
35 040
55 126
-
-
Dividends
70 310
110 874
-
-
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.

946
1 503
-
-
withholding
17 194
27 336
-
-
total
18 140
28 839
-
-
Income
166 000
166 000
166 000
166 000
Total tax
67 599
83 965
59 653
80 075
After tax
98 401
82 035
106 347
85 925
Living cost
46 230
46 230
46 230
46 230
Free-cash
52 171
35 805
60 117
39 695

Estimated living cost  is ₽46230 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
₽49138
₽55097
₽59210
₽57999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
25 014
pensions
-
-
-
30 720
other
-
-
-
5 146
health
-
-
-
6 653
surtax
-
-
-
-
social contributions
-
-
-
4 730
total
-
-
-
72 263
Employee
43 191
-
129 286
-
social contributions
1 231
-
3 685
-
surtax
-
-
-
-
income
2 549
-
24 421
-
pensions
4 883
-
8 652
-
total
8 663
-
36 758
-
Employer
43 191
-
129 286
-
other
1 490
-
4 900
-
social contributions
130
-
389
-
unemployment
1 748
-
5 236
-
pensions
7 095
-
14 628
-
health
3 024
-
11 563
-
total
13 487
-
36 716
-
Corporate
109 321
166 000
-
-
surtax
-
-
-
-
income
30 611
46 479
-
-
total
30 611
46 479
-
-
Dividends
78 710
119 521
-
-
surtax
-
-
-
-
social contributions
13 540
20 558
-
-
withholding
10 075
15 298
-
-
total
23 615
35 856
-
-
Income
166 000
166 000
166 000
166 000
Total tax
76 376
82 335
73 474
72 263
After tax
89 624
83 665
92 526
93 737
Living cost
34 527
34 527
34 527
34 527
Free-cash
55 097
49 138
57 999
59 210

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
₽52559
₽58165
₽62631
₽61420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
25 014
pensions
-
-
-
30 720
other
-
-
-
5 146
health
-
-
-
6 653
surtax
-
-
-
-
social contributions
-
-
-
4 730
total
-
-
-
72 263
Employee
38 554
-
129 286
-
social contributions
1 099
-
3 685
-
surtax
-
-
-
-
income
1 988
-
24 421
-
pensions
4 361
-
8 652
-
total
7 448
-
36 758
-
Employer
38 554
-
129 286
-
other
1 331
-
4 900
-
social contributions
115
-
389
-
unemployment
1 561
-
5 236
-
pensions
6 335
-
14 628
-
health
2 698
-
11 563
-
total
12 040
-
36 716
-
Corporate
115 406
166 000
-
-
surtax
-
-
-
-
income
32 313
46 479
-
-
total
32 313
46 479
-
-
Dividends
83 093
119 521
-
-
surtax
-
-
-
-
social contributions
14 292
20 558
-
-
withholding
10 636
15 298
-
-
total
24 928
35 856
-
-
Income
166 000
166 000
166 000
166 000
Total tax
76 729
82 335
73 474
72 263
After tax
89 271
83 665
92 526
93 737
Living cost
31 106
31 106
31 106
31 106
Free-cash
58 165
52 559
61 420
62 631

Estimated living cost  is ₽31106 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
₽79875
₽80399
₽85207
₽82129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
24 900
health
-
-
-
11 586
social contributions
-
-
-
22 908
total
-
-
-
59 394
Employee
34 217
-
166 000
-
social contributions
4 723
-
22 908
-
health
2 388
-
11 586
-
income
5 707
-
27 978
-
total
12 818
-
62 472
-
Employer
34 217
-
166 000
-
total
-
-
-
-
Corporate
131 783
166 000
-
-
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%.

6 590
8 300
-
-
total
6 590
8 300
-
-
Dividends
125 193
157 700
-
-
health
8 739
11 008
-
-
social contributions
17 276
21 763
-
-
withholding
18 779
23 655
-
-
total
44 794
56 426
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 202
64 726
62 472
59 394
After tax
101 798
101 274
103 528
106 606
Living cost
21 399
21 399
21 399
21 399
Free-cash
80 399
79 875
82 129
85 207

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.
₽1319
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
₽56400
₽54839
₽49606
₽8284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
chamber of commerce
-
-
-
665
income
-
-
-
42 952
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
80 835
Employee
50 434
40 217
130 921
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
33 954
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
55 306
-
Employer
50 434
40 217
130 921
-
accident
655
523
1 532
-
other
2 396
1 909
6 107
-
chamber of commerce
201
161
523
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 928
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 078
-
Corporate
100 855
114 009
127 091
-
income

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

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

25 214
28 502
31 773
-
total
25 214
28 502
31 773
-
Dividends
75 641
85 507
-
-
withholding
20 802
23 515
-
-
total
20 802
23 515
-
-
Income
166 000
166 000
166 000
166 000
Total tax
75 602
74 041
122 157
80 835
After tax
90 398
91 959
43 843
85 165
Living cost
35 559
35 559
35 559
35 559
Free-cash
54 839
56 400
8 284
49 606

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽56066
₽40933
₽35095
₽22305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
national
-
-
-
60 498
communal

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

-
-
-
8 451
social contributions
-
-
-
25 160
total
-
-
-
94 109
Employee

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

72 186
-
128 573
-
communal

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

3 765
-
6 707
-
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
-
6 042
-
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
-
9 642
-
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
-
1 118
-
national
22 193
-
45 964
-
total
35 392
-
69 473
-
Employer

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

72 186
-
128 573
-
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
-
1 670
-
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
-
1 877
-
surtax
8 185
-
14 581
-
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
-
11 391
-
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
-
7 907
-
total
21 011
-
37 426
-
Corporate
72 801
166 000
-
-
surtax
291
665
-
-
income
14 560
33 200
-
-
total
14 851
33 865
-
-
Dividends
57 950
132 136
-
-
withholding

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

17 017
39 273
-
-
total
17 017
39 273
-
-
Income
166 000
166 000
166 000
166 000
Total tax
88 271
73 138
106 899
94 109
After tax
77 729
92 862
59 101
71 891
Living cost
36 796
36 796
36 796
36 796
Free-cash
40 933
56 066
22 305
35 095

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
₽74347
₽67215
₽56846
₽52611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
843
income
-
-
-
44 647
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 709
Employee
50 234
-
136 180
-
other
50
-
94
-
income
10 599
-
41 183
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
47 124
-
Employer
50 234
-
136 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
99 754
166 000
-
-
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.

14 963
24 900
-
-
total
14 963
24 900
-
-
Dividends
84 791
141 100
-
-
withholding
17 577
30 308
-
-
total
17 577
30 308
-
-
Income
166 000
166 000
166 000
166 000
Total tax
62 340
55 208
76 944
72 709
After tax
103 660
110 792
89 056
93 291
Living cost
36 445
36 445
36 445
36 445
Free-cash
67 215
74 347
52 611
56 846

Estimated living cost  is ₽36445 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
₽42982
₽30638
₽28547
₽35165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
1 400
income
-
-
-
25 947
pensions
-
-
-
24 881
health
-
-
-
11 663
surtax
-
-
-
8 229
communal
-
-
-
10 491
total
-
-
-
82 611
Employee
76 423
-
148 280
-
health
3 401
-
6 599
-
surtax
4 684
-
9 087
-
income
7 382
-
30 725
-
pensions
6 113
-
11 862
-
total
21 580
-
58 273
-
Employer
76 423
-
148 280
-
accident
688
-
1 335
-
pensions
6 113
-
11 862
-
health
2 331
-
4 523
-
total
9 132
-
17 720
-
Corporate
80 445
166 000
-
-
surtax
845
1 743
-
-
communal
5 429
11 205
-
-
income
12 067
24 900
-
-
total
18 341
37 848
-
-
Dividends
62 105
128 152
-
-
income
22 152
11 104
-
-
withholding
9 315
19 224
-
-
total
31 467
30 328
-
-
Income
166 000
166 000
166 000
166 000
Total tax
80 520
68 176
75 993
82 611
After tax
85 480
97 824
90 007
83 389
Living cost
54 842
54 842
54 842
54 842
Free-cash
30 638
42 982
35 165
28 547

Estimated living cost  is ₽54842 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
₽81748
₽78537
₽56041
₽49742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
44 001
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 561
total
-
-
-
87 292
Employee
33 985
-
137 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 483
-
income
5 697
-
37 965
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
65 240
-
Employer
33 985
-
137 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
124 860
166 000
-
-
income
32 465
43 160
-
-
total
32 465
43 160
-
-
Dividends
92 395
122 840
-
-
withholding
13 859
18 425
-
-
total
13 859
18 425
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 796
61 585
93 591
87 292
After tax
101 204
104 415
72 409
78 708
Living cost
22 667
22 667
22 667
22 667
Free-cash
78 537
81 748
49 742
56 041

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
₽60068
₽57826
₽52283
₽44822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
986
regional
-
-
-
2 504
national
-
-
-
40 347
social contributions
-
-
-
42 695
total
-
-
-
86 532
Employee
55 980
-
166 000
-
social contributions
18 877
-
55 976
-
regional
754
-
2 234
-
municipal
297
-
881
-
national
8 869
-
34 902
-
total
28 797
-
93 993
-
Employer
55 980
-
166 000
-
total
-
-
-
-
Corporate
110 020
166 000
-
-
nationa
26 405
39 840
-
-
municipal
5 468
8 250
-
-
total
31 873
48 090
-
-
Dividends
78 147
117 910
-
-
withholding
20 319
30 657
-
-
total
20 319
30 657
-
-
Income
166 000
166 000
166 000
166 000
Total tax
80 989
78 747
93 993
86 532
After tax
85 011
87 253
72 007
79 468
Living cost
27 185
27 185
27 185
27 185
Free-cash
57 826
60 068
44 822
52 283

Estimated living cost  is ₽27185 per week

₽16906
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
₽84508
₽73882
₽62706
₽55524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
16 322
health
-
-
-
22 410
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 511
Employee
43 799
-
124 975
-
social contributions
2 847
-
7 742
-
health
5 913
-
16 872
-
solidarity contribution
-
-
-
-
income
5 256
-
15 054
-
total
14 016
-
39 668
-
Employer
43 799
-
124 975
-
social contributions
10 950
-
29 777
-
health
3 942
-
11 248
-
total
14 892
-
41 025
-
Corporate
107 309
166 000
-
-
income
20 389
31 540
-
-
total
20 389
31 540
-
-
Dividends
86 920
134 460
-
-
withholding
13 038
20 169
-
-
total
13 038
20 169
-
-
Income
166 000
166 000
166 000
166 000
Total tax
62 335
51 709
80 693
73 511
After tax
103 665
114 291
85 307
92 489
Living cost
29 783
29 783
29 783
29 783
Free-cash
73 882
84 508
55 524
62 706

Estimated living cost  is ₽29783 per week

₽22149
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59871
₽59373
₽53168
₽11707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
chamber of commerce
-
-
-
665
income
-
-
-
42 952
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
80 636
Employee
44 114
40 217
131 105
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
34 031
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
55 383
-
Employer
44 114
40 217
131 105
-
accident
573
523
1 532
-
other
2 095
1 909
6 115
-
chamber of commerce
176
161
525
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 934
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 895
-
Corporate
109 191
114 208
127 275
-
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.

27 298
28 552
31 819
-
total
27 298
28 552
31 819
-
Dividends
81 894
85 656
-
-
withholding
22 521
23 556
-
-
total
22 521
23 556
-
-
Income
166 000
166 000
166 000
166 000
Total tax
74 431
73 933
122 097
80 636
After tax
91 569
92 067
43 903
85 364
Living cost
32 196
32 196
32 196
32 196
Free-cash
59 373
59 871
11 707
53 168

Estimated living cost  is ₽32196 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
₽143551
₽140898
₽150191
₽118651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
166 000
microenterprise

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

-
-
-
1 660
total
-
-
-
1 660
Employee
17 686
-
166 000
-
income
3 537
-
33 200
-
total
3 537
-
33 200
-
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%.

148 314
166 000
-
-
total
-
-
-
-
Dividends
148 314
166 000
-
-
withholding
7 416
8 300
-
-
total
7 416
8 300
-
-
Income
166 000
166 000
166 000
166 000
Total tax
10 953
8 300
33 200
1 660
After tax
155 047
157 700
132 800
164 340
Living cost
14 149
14 149
14 149
14 149
Free-cash
140 898
143 551
118 651
150 191

Estimated living cost  is ₽14149 per week

₽9574
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
₽87222
₽78782
₽54603
₽50207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
income
-
-
-
37 430
pensions
-
-
-
30 316
unemployment
-
-
-
249
health
-
-
-
16 334
total
-
-
-
84 329
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
-
143 636
-
health
2 882
-
9 279
-
income
7 696
-
34 618
-
pensions
6 917
-
22 263
-
unemployment
63
-
201
-
total
17 558
-
66 361
-
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
-
143 636
-
unemployment
27
-
86
-
pensions
3 949
-
12 712
-
health
2 972
-
9 566
-
total
6 948
-
22 364
-
Corporate
114 426
166 000
-
-
income
21 740
31 540
-
-
total
21 740
31 540
-
-
Dividends
92 686
134 460
-
-
withholding
13 904
20 170
-
-
total
13 904
20 170
-
-
Income
166 000
166 000
166 000
166 000
Total tax
60 150
51 710
88 725
84 329
After tax
105 850
114 290
77 275
81 671
Living cost
27 068
27 068
27 068
27 068
Free-cash
78 782
87 222
50 207
54 603

Estimated living cost  is ₽27068 per week

₽18576
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
₽57414
₽9373
₽71139
₽109133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
32 357
social contributions
-
-
-
18 924
total
-
-
-
51 281
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
15 406
166 000
-
-
income
3 389
36 520
-
-
total
3 389
36 520
-
-
Dividends
12 017
129 480
-
-
income
2 644
28 486
-
-
total
2 644
28 486
-
-
Income
166 000
166 000
166 000
166 000
Total tax
113 047
65 006
13 287
51 281
After tax
52 953
100 994
152 713
114 719
Living cost
43 580
43 580
43 580
43 580
Free-cash
9 373
57 414
109 133
71 139

Estimated living cost  is ₽43580 per week

₽28276
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62766
₽61751
₽57701
₽45418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
income
-
-
-
18 961
surtax
-
-
-
-
social contributions

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

-
-
-
57 684
total
-
-
-
76 645
Employee
46 414
-
134 141
-
social contributions
5 106
-
14 756
-
surtax
-
-
-
-
income
9 654
-
42 315
-
total
14 760
-
57 071
-
Employer
46 414
-
134 141
-
social contributions
11 023
-
31 857
-
total
11 023
-
31 857
-
Corporate
108 563
166 000
-
-
surtax
-
-
-
-
income
22 799
34 860
-
-
total
22 799
34 860
-
-
Dividends
85 764
131 140
-
-
withholding
24 013
36 720
-
-
total
24 013
36 720
-
-
Income
166 000
166 000
166 000
166 000
Total tax
72 595
71 580
88 928
76 645
After tax
93 405
94 420
77 072
89 355
Living cost
31 654
31 654
31 654
31 654
Free-cash
61 751
62 766
45 418
57 701

Estimated living cost  is ₽31654 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
₽34924
₽41858
₽44996
₽43785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
25 014
pensions
-
-
-
30 720
other
-
-
-
5 146
health
-
-
-
6 653
surtax
-
-
-
-
social contributions
-
-
-
4 730
total
-
-
-
72 263
Employee
63 206
-
129 286
-
social contributions
1 800
-
3 685
-
surtax
-
-
-
-
income
5 515
-
24 421
-
pensions
7 149
-
8 652
-
total
14 464
-
36 758
-
Employer
63 206
-
129 286
-
other
2 181
-
4 900
-
social contributions
190
-
389
-
unemployment
2 560
-
5 236
-
pensions
10 386
-
14 628
-
health
4 424
-
11 563
-
total
19 741
-
36 716
-
Corporate
83 053
166 000
-
-
surtax
-
-
-
-
income
23 255
46 479
-
-
total
23 255
46 479
-
-
Dividends
59 798
119 521
-
-
surtax
-
-
-
-
social contributions
10 286
20 558
-
-
withholding
7 655
15 298
-
-
total
17 941
35 856
-
-
Income
166 000
166 000
166 000
166 000
Total tax
75 401
82 335
73 474
72 263
After tax
90 599
83 665
92 526
93 737
Living cost
48 742
48 742
48 742
48 742
Free-cash
41 858
34 924
43 785
44 996

Estimated living cost  is ₽48742 per week

₽32987
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
₽119065
₽115675
₽92324
₽96737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
6 820
social contributions
-
-
-
36 521
total
-
-
-
43 341
Employee
32 444
-
143 724
-
income
-
-
7 310
-
social contributions
2 109
-
9 342
-
total
2 109
-
16 652
-
Employer
32 444
-
143 724
-
social contributions
5 029
-
22 276
-
total
5 029
-
22 276
-
Corporate
128 527
166 000
-
-
income
12 852
16 600
-
-
total
12 852
16 600
-
-
Dividends
115 675
149 400
-
-
total
-
-
-
-
Income
166 000
166 000
166 000
166 000
Total tax
19 990
16 600
38 928
43 341
After tax
146 010
149 400
127 072
122 659
Living cost
30 335
30 335
30 335
30 335
Free-cash
115 675
119 065
96 737
92 324

Estimated living cost  is ₽30335 per week

₽19614
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
-₽53971
-₽53971
₽49964
-₽53971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
34 227
pensions
-
-
-
875
national
-
-
-
19 101
labour market
-
-
-
13 210
total
-
-
-
67 413
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 000
166 000
166 000
166 000
Total tax
171 348
171 348
171 348
67 413
After tax
-5 348
-5 348
-5 348
98 587
Living cost
48 623
48 623
48 623
48 623
Free-cash
-53 971
-53 971
-53 971
49 964

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
-₽8297
₽10111
₽91773
₽68050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
253
income
-
-
-
45 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 484
Employee
34 203
-
148 817
-
health
3 917
-
17 039
-
income
4 692
-
34 332
-
pensions
3 852
-
7 653
-
total
12 461
-
59 024
-
Employer
34 203
-
148 817
-
accident
571
-
2 485
-
unemployment
838
-
3 646
-
pensions
5 561
-
11 052
-
total
6 970
-
17 183
-
Corporate
124 826
166 000
-
-
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.

112 343
149 400
-
-
total
112 343
149 400
-
-
Dividends
12 483
16 600
-
-
withholding
2 372
3 154
-
-
total
2 372
3 154
-
-
Income
166 000
166 000
166 000
166 000
Total tax
134 146
152 554
76 207
52 484
After tax
31 854
13 446
89 793
113 516
Living cost
21 743
21 743
21 743
21 743
Free-cash
10 111
-8 297
68 050
91 773

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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
₽66005
₽68258
₽70032
₽49086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
166 000
municipal
-
-
-
29 496
health
-
-
-
2 135
national
-
-
-
25 592
total
-
-
-
57 223
Employee
53 094
-
139 648
-
health
396
-
1 729
-
municipal
8 696
-
22 751
-
pensions
3 583
-
9 426
-
unemployment
797
-
2 095
-
national
877
-
15 816
-
total
14 349
-
51 817
-
Employer
53 094
-
139 648
-
accident
54
-
140
-
unemployment
345
-
908
-
pensions
9 212
-
24 230
-
health
408
-
1 074
-
total
10 019
-
26 352
-
Corporate
102 888
166 000
-
-
income
20 578
33 200
-
-
total
20 578
33 200
-
-
Dividends

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

61 733
99 600
-
-
national
2 940
10 123
-
-
municipal
11 111
17 927
-
-
total
14 051
28 050
-
-
Income
166 000
166 000
166 000
166 000
Total tax
58 997
61 250
78 169
57 223
After tax
107 003
104 750
87 831
108 777
Living cost
38 745
38 745
38 745
38 745
Free-cash
68 258
66 005
49 086
70 032

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
₽97774
₽92280
₽90687
₽89192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
31 388
health
-
-
-
4 232
social contributions
-
-
-
16 328
total
-
-
-
51 948
Employee
77 600
77 600
154 456
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 626
-
income
8 449
7 183
30 586
-
total
11 984
14 942
41 899
-
Employer
77 600
77 600
154 456
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 857
-
total
3 587
7 876
11 544
-
Corporate
127 063
80 523
-
-
income
15 884
10 066
-
-
total
15 884
10 066
-
-
Dividends
111 180
70 457
-
-
withholding
18 900
11 977
-
-
total
18 900
11 977
-
-
Income
166 000
166 000
166 000
166 000
Total tax
50 355
44 861
53 443
51 948
After tax
115 645
121 139
112 557
114 052
Living cost
23 365
23 365
23 365
23 365
Free-cash
92 280
97 774
89 192
90 687

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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121442
₽116307
₽123085
₽102843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166 000
income
-
-
-
16 792
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 892
Employee

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

23 164
-
156 137
-
health
1 969
-
8 139
-
income
1 584
-
14 291
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 272
-
Employer

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

23 164
-
156 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
140 452
166 000
-
-
income
12 641
14 940
-
-
total
12 641
14 940
-
-
Dividends
127 810
151 060
-
-
withholding
11 502
13 595
-
-
total
11 502
13 595
-
-
Income
166 000
166 000
166 000
166 000
Total tax
33 670
28 535
47 134
26 892
After tax
132 330
137 465
118 866
139 108
Living cost
16 023
16 023
16 023
16 023
Free-cash
116 307
121 442
102 843
123 085

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
₽83041
₽78584
₽65540
₽61305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
843
income
-
-
-
44 647
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 709
Employee
37 315
-
136 180
-
other
36
-
94
-
income
7 194
-
41 183
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
47 124
-
Employer
37 315
-
136 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
116 789
166 000
-
-
income

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

17 519
24 900
-
-
total
17 519
24 900
-
-
Dividends
99 269
141 100
-
-
withholding
20 687
30 308
-
-
total
20 687
30 308
-
-
Income
166 000
166 000
166 000
166 000
Total tax
59 665
55 208
76 944
72 709
After tax
106 335
110 792
89 056
93 291
Living cost
27 751
27 751
27 751
27 751
Free-cash
78 584
83 041
61 305
65 540

Estimated living cost  is ₽27751 per week

₽18731
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
₽100828
₽100374
₽103526
₽103328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
56 251
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
59 718
Employee
4 198
-
163 738
-
health
210
-
503
-
income
812
-
56 145
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
57 654
-
Employer
4 198
-
163 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
160 858
166 000
-
-
income
35 389
36 520
-
-
total
35 389
36 520
-
-
Dividends
125 469
129 480
-
-
withholding
25 094
25 896
-
-
total
25 094
25 896
-
-
Income
166 000
166 000
166 000
166 000
Total tax
62 870
62 416
59 916
59 718
After tax
103 130
103 584
106 084
106 282
Living cost
2 756
2 756
2 756
2 756
Free-cash
100 374
100 828
103 328
103 526

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
₽102482
₽97517
₽83070
₽83071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
income
-
-
-
37 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
65 477
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
-
152 649
-
health
1 355
-
3 841
-
income
3 628
-
37 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
52 126
-
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
-
152 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
134 970
166 000
-
-
income
20 246
24 900
-
-
total
20 246
24 900
-
-
Dividends
114 725
141 100
-
-
withholding
17 209
21 165
-
-
total
17 209
21 165
-
-
Income
166 000
166 000
166 000
166 000
Total tax
51 030
46 065
65 476
65 477
After tax
114 970
119 935
100 524
100 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
97 517
102 482
83 071
83 070

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
₽67214
₽66851
₽62149
₽49866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
income
-
-
-
18 961
surtax
-
-
-
-
social contributions

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

-
-
-
57 684
total
-
-
-
76 645
Employee
39 168
-
134 141
-
social contributions
4 309
-
14 756
-
surtax
-
-
-
-
income
7 653
-
42 315
-
total
11 962
-
57 071
-
Employer
39 168
-
134 141
-
social contributions
9 302
-
31 857
-
total
9 302
-
31 857
-
Corporate
117 530
166 000
-
-
surtax
-
-
-
-
income
24 682
34 860
-
-
total
24 682
34 860
-
-
Dividends
92 849
131 140
-
-
withholding
25 997
36 720
-
-
total
25 997
36 720
-
-
Income
166 000
166 000
166 000
166 000
Total tax
71 943
71 580
88 928
76 645
After tax
94 057
94 420
77 072
89 355
Living cost
27 206
27 206
27 206
27 206
Free-cash
66 851
67 214
49 866
62 149

Estimated living cost  is ₽27206 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
₽75325
₽68537
₽57824
₽53589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
843
income
-
-
-
44 647
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 709
Employee
48 738
-
136 180
-
other
48
-
94
-
income
10 180
-
41 183
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
47 124
-
Employer
48 738
-
136 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
101 723
166 000
-
-
income

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

15 257
24 900
-
-
total
15 257
24 900
-
-
Dividends
86 465
141 100
-
-
withholding
17 927
30 308
-
-
total
17 927
30 308
-
-
Income
166 000
166 000
166 000
166 000
Total tax
61 996
55 208
76 944
72 709
After tax
104 004
110 792
89 056
93 291
Living cost
35 467
35 467
35 467
35 467
Free-cash
68 537
75 325
53 589
57 824

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
₽124560
₽118405
₽114313
₽120694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
24 900
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
-
-
-
34 317
Employee
23 001
-
159 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 908
-
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
-
21 015
-
Employer
23 001
-
159 080
-
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
138 486
166 000
-
-
income
13 849
16 600
-
-
total
13 849
16 600
-
-
Dividends
124 637
149 400
-
-
withholding
6 232
7 470
-
-
total
6 232
7 470
-
-
Income
166 000
166 000
166 000
166 000
Total tax
30 224
24 070
27 936
34 317
After tax
135 776
141 930
138 064
131 683
Living cost
17 370
17 370
17 370
17 370
Free-cash
118 405
124 560
120 694
114 313

Estimated living cost  is ₽17370 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
₽46490
₽59691
₽50298
₽67386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
trade
-
-
-
17 088
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.

-
-
-
50 009
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.

-
-
-
2 750
total
-
-
-
76 741
Employee

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

50 212
-
166 000
-
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
-
2 750
-
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
-
50 009
-
total
11 251
-
59 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 788
166 000
-
-
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.

956
1 369
-
-
income
17 368
24 900
-
-
trade
16 615
23 822
-
-
chamber of commerce
324
396
-
-
total
35 263
50 487
-
-
Dividends
80 525
115 513
-
-
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.

1 086
1 567
-
-
withholding
19 748
28 495
-
-
total
20 834
30 062
-
-
Income
166 000
166 000
166 000
166 000
Total tax
67 348
80 549
59 653
76 741
After tax
98 652
85 451
106 347
89 259
Living cost
38 961
38 961
38 961
38 961
Free-cash
59 691
46 490
67 386
50 298

Estimated living cost  is ₽38961 per week

₽26876
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
₽58713
₽60941
₽31373
₽31373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
49 719
social contributions
-
-
-
27 421
total
-
-
-
77 140
Employee
78 939
-
166 000
-
income
14 896
-
49 719
-
social contributions
6 558
-
27 421
-
total
21 454
-
77 140
-
Employer
78 939
-
166 000
-
total
-
-
-
-
Corporate
87 061
166 000
-
-
income
10 883
20 750
-
-
total
10 883
20 750
-
-
Dividends
76 177
145 250
-
-
withholding
15 235
29 050
-
-
total
15 235
29 050
-
-
Income
166 000
166 000
166 000
166 000
Total tax
47 572
49 800
77 140
77 140
After tax
118 428
116 200
88 860
88 860
Living cost
57 487
57 487
57 487
57 487
Free-cash
60 941
58 713
31 373
31 373

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
₽65935
₽69462
₽93900
₽82114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
income
-
-
-
28 726
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
-
-
-
35 467
Employee
46 295
-
161 358
-
income
5 023
-
37 969
-
social contributions
4 638
-
4 642
-
total
9 661
-
42 611
-
Employer
46 295
-
161 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
115 067
166 000
-
-
income
40 274
58 100
-
-
total
40 274
58 100
-
-
Dividends
74 793
107 900
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
166 000
166 000
166 000
166 000
Total tax
59 905
63 432
47 253
35 467
After tax
106 095
102 568
118 747
130 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
69 462
65 935
82 114
93 900

Estimated living cost  is ₽36633 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
₽72380
₽78376
₽73393
₽58299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
income
-
-
-
46 128
pensions
-
-
-
8 864
total
-
-
-
54 992
Employee
51 632
-
145 125
-
health
674
-
2 153
-
income
9 403
-
36 065
-
pensions
3 941
-
10 993
-
total
14 018
-
49 211
-
Employer
51 632
-
145 125
-
pensions
5 217
-
18 118
-
health
981
-
2 757
-
total
6 198
-
20 875
-
Corporate
108 170
166 000
-
-
income

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

20 552
31 540
-
-
total
20 552
31 540
-
-
Dividends
87 618
134 460
-
-
withholding
9 241
24 465
-
-
total
9 241
24 465
-
-
Income
166 000
166 000
166 000
166 000
Total tax
50 009
56 005
70 086
54 992
After tax
115 991
109 995
95 914
111 008
Living cost
37 615
37 615
37 615
37 615
Free-cash
78 376
72 380
58 299
73 393

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
-₽10450
₽9779
₽89620
₽65897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
accident
-
-
-
253
income
-
-
-
45 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 484
Employee
37 589
-
148 817
-
health
4 304
-
17 039
-
income
5 157
-
34 332
-
pensions
4 233
-
7 653
-
total
13 694
-
59 024
-
Employer
37 589
-
148 817
-
accident
628
-
2 485
-
unemployment
921
-
3 646
-
pensions
6 112
-
11 052
-
total
7 661
-
17 183
-
Corporate
120 751
166 000
-
-
income

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

108 676
149 400
-
-
total
108 676
149 400
-
-
Dividends
12 075
16 600
-
-
withholding
2 294
3 154
-
-
total
2 294
3 154
-
-
Income
166 000
166 000
166 000
166 000
Total tax
132 325
152 554
76 207
52 484
After tax
33 675
13 446
89 793
113 516
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 779
-10 450
65 897
89 620

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126058
₽121336
₽80796
₽102988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
27 191
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
71 573
Employee

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

21 810
-
166 000
-
work injury
109
-
403
-
income
2 181
-
27 191
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
49 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 190
166 000
-
-
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%.

1 442
1 660
-
-
total
1 442
1 660
-
-
Dividends
142 748
164 340
-
-
withholding
21 412
24 651
-
-
total
21 412
24 651
-
-
Income
166 000
166 000
166 000
166 000
Total tax
31 033
26 311
49 381
71 573
After tax
134 967
139 689
116 619
94 427
Living cost
13 631
13 631
13 631
13 631
Free-cash
121 336
126 058
102 988
80 796

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
₽47234
₽42643
₽37857
₽30569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 000
municipal
-
-
-
1 109
regional
-
-
-
3 789
national
-
-
-
40 347
social contributions
-
-
-
42 695
total
-
-
-
87 940
Employee
85 039
-
166 000
-
social contributions
28 675
-
55 976
-
regional
1 284
-
3 360
-
municipal
507
-
990
-
national
14 371
-
34 902
-
total
44 837
-
95 228
-
Employer
85 039
-
166 000
-
total
-
-
-
-
Corporate
80 961
166 000
-
-
nationa
19 430
39 840
-
-
municipal
3 903
8 001
-
-
total
23 333
47 841
-
-
Dividends
57 628
118 159
-
-
withholding
14 984
30 722
-
-
total
14 984
30 722
-
-
Income
166 000
166 000
166 000
166 000
Total tax
83 154
78 563
95 228
87 940
After tax
82 846
87 437
70 772
78 060
Living cost
40 203
40 203
40 203
40 203
Free-cash
42 643
47 234
30 569
37 857

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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