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
₽ 118000
per

Your estimated
City
free-cash

Andorra , Andorra
₽81259
₽66069
₽62933
₽78473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
25 961
income
-
-
-
4 166
total
-
-
-
30 127
Employee
26 673
-
102 164
-
social contributions
1 733
-
6 641
-
income
-
-
4 514
-
total
1 733
-
11 155
-
Employer
26 673
-
102 164
-
social contributions
4 135
-
15 836
-
total
4 135
-
15 836
-
Corporate
87 192
118 000
-
-
income
8 719
11 801
-
-
total
8 719
11 801
-
-
Dividends
78 473
106 199
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
14 587
11 801
26 991
30 127
After tax
103 413
106 199
91 009
87 873
Living cost
24 940
24 940
24 940
24 940
Free-cash
78 473
81 259
66 069
62 933

Estimated living cost  is ₽24940 per week

₽16126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Graz , Austria
₽39176
₽4849
₽33766
₽38768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
chamber of commerce
-
-
-
472
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
26 859
surtax
-
-
-
-
total
-
-
-
57 765
Employee
36 267
33 064
91 626
-
health
1 403
1 280
3 546
-
pensions
3 714
3 385
9 382
-
other
362
331
916
-
unemployment
1 088
992
2 749
-
income
3 231
2 439
21 595
-
total
9 798
8 427
38 188
-
Employer
36 267
33 064
91 626
-
pensions
4 552
4 150
11 500
-
accident
471
430
1 192
-
unemployment
1 088
992
2 749
-
surtax
-
-
-
-
payroll
1 088
992
2 749
-
chamber of commerce
145
132
367
-
health
1 371
1 250
3 464
-
other
1 722
1 570
4 353
-
total
10 437
9 516
26 374
-
Corporate
71 296
75 420
88 477
-
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.

17 824
18 856
22 120
-
total
17 824
18 856
22 120
-
Dividends
53 471
56 565
-
-
withholding
14 704
15 556
-
-
total
14 704
15 556
-
-
Income
118 000
118 000
118 000
118 000
Total tax
52 763
52 355
86 682
57 765
After tax
65 237
65 645
31 318
60 235
Living cost
26 469
26 469
26 469
26 469
Free-cash
38 768
39 176
4 849
33 766

Estimated living cost  is ₽26469 per week

₽15878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Vienna , Austria
₽36323
₽2062
₽30837
₽35040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
chamber of commerce
-
-
-
472
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
26 859
surtax
-
-
-
164
total
-
-
-
57 929
Employee
41 463
33 064
91 499
-
health
1 604
1 280
3 541
-
pensions
4 246
3 385
9 370
-
other
414
331
915
-
unemployment
1 244
992
2 744
-
income
4 720
2 439
21 551
-
total
12 228
8 427
38 121
-
Employer
41 463
33 064
91 499
-
pensions
5 204
4 150
11 483
-
accident
538
430
1 189
-
unemployment
1 244
992
2 744
-
surtax
164
164
164
-
payroll
1 244
992
2 744
-
chamber of commerce
165
132
365
-
health
1 567
1 250
3 459
-
other
1 970
1 570
4 345
-
total
12 096
9 680
26 493
-
Corporate
64 442
75 257
88 358
-
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.

16 110
18 815
22 090
-
total
16 110
18 815
22 090
-
Dividends
48 332
56 442
-
-
withholding
13 292
15 521
-
-
total
13 292
15 521
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 726
52 443
86 704
57 929
After tax
64 274
65 557
31 296
60 071
Living cost
29 234
29 234
29 234
29 234
Free-cash
35 040
36 323
2 062
30 837

Estimated living cost  is ₽29234 per week

₽19498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Brussels , Belgium
₽35801
₽12864
₽21672
₽23359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
18 530
communal

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

-
-
-
5 969
national
-
-
-
41 578
total
-
-
-
66 077
Employee

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

59 347
-
91 396
-
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.

2 788
-
4 297
-
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.

4 451
-
6 855
-
communal

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

3 095
-
4 767
-
national
18 246
-
31 568
-
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.

516
-
795
-
total
29 096
-
48 282
-
Employer

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

59 347
-
91 396
-
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.

771
-
1 187
-
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.

866
-
1 335
-
surtax
6 729
-
10 363
-
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.

3 650
-
5 621
-
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.

5 259
-
8 097
-
total
17 275
-
26 603
-
Corporate
41 378
118 000
-
-
surtax
165
472
-
-
income
8 275
23 600
-
-
total
8 440
24 072
-
-
Dividends
32 938
93 928
-
-
withholding

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

9 579
27 876
-
-
total
9 579
27 876
-
-
Income
118 000
118 000
118 000
118 000
Total tax
64 390
51 948
74 885
66 077
After tax
53 610
66 052
43 115
51 923
Living cost
30 251
30 251
30 251
30 251
Free-cash
23 359
35 801
12 864
21 672

Estimated living cost  is ₽30251 per week

₽19485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
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.
₽7647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₽86627
₽82628
₽78304
₽81573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
17 700
total
-
-
-
25 433
Employee
18 887
-
112 318
-
accident

We are using the highest rate at 1.1%.

208
-
319
-
health
869
-
1 332
-
pensions

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

1 658
-
2 543
-
income
1 889
-
11 232
-
total
4 624
-
15 426
-
Employer
18 887
-
112 318
-
accident

We are using the highest rate at 1.1%.

208
-
319
-
unemployment
113
-
174
-
health
1 303
-
1 998
-
pensions

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

2 081
-
3 192
-
total
3 705
-
5 683
-
Corporate
95 407
118 000
-
-
income
9 541
11 800
-
-
total
9 541
11 800
-
-
Dividends
85 867
106 200
-
-
withholding
4 294
5 310
-
-
total
4 294
5 310
-
-
Income
118 000
118 000
118 000
118 000
Total tax
22 164
17 110
21 109
25 433
After tax
95 836
100 890
96 891
92 567
Living cost
14 263
14 263
14 263
14 263
Free-cash
81 573
86 627
82 628
78 304

Estimated living cost  is ₽14263 per week

₽9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽90019
₽86020
₽81696
₽86168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
17 700
total
-
-
-
25 433
Employee
14 395
-
112 318
-
accident

We are using the highest rate at 1.1%.

158
-
319
-
health
662
-
1 332
-
pensions

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

1 264
-
2 543
-
income
1 439
-
11 232
-
total
3 523
-
15 426
-
Employer
14 395
-
112 318
-
accident

We are using the highest rate at 1.1%.

158
-
319
-
unemployment
86
-
174
-
health
994
-
1 998
-
pensions

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

1 587
-
3 192
-
total
2 825
-
5 683
-
Corporate
100 780
118 000
-
-
income
10 078
11 800
-
-
total
10 078
11 800
-
-
Dividends
90 702
106 200
-
-
withholding
4 535
5 310
-
-
total
4 535
5 310
-
-
Income
118 000
118 000
118 000
118 000
Total tax
20 961
17 110
21 109
25 433
After tax
97 039
100 890
96 891
92 567
Living cost
10 871
10 871
10 871
10 871
Free-cash
86 168
90 019
86 020
81 696

Estimated living cost  is ₽10871 per week

₽6347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₽66964
₽61739
₽62854
₽62449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
13 424
health
-
-
-
3 009
income
-
-
-
19 504
total
-
-
-
35 937
Employee
63 798
63 798
108 845
-
health
494
1 085
1 850
-
social contributions
2 412
5 295
7 142
-
income
6 947
5 906
18 904
-
total
9 853
12 286
27 896
-
Employer
63 798
63 798
108 845
-
social contributions
2 412
5 295
7 142
-
health
537
1 181
2 014
-
total
2 949
6 476
9 156
-
Corporate
85 989
47 727
-
-
income
10 749
5 966
-
-
total
10 749
5 966
-
-
Dividends
75 240
41 761
-
-
withholding
12 791
7 099
-
-
total
12 791
7 099
-
-
Income
118 000
118 000
118 000
118 000
Total tax
36 342
31 827
37 052
35 937
After tax
81 658
86 173
80 948
82 063
Living cost
19 209
19 209
19 209
19 209
Free-cash
62 449
66 964
61 739
62 854

Estimated living cost  is ₽19209 per week

₽11512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
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.
₽5388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽59263
₽54038
₽55153
₽55824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
13 424
health
-
-
-
3 009
income
-
-
-
19 504
total
-
-
-
35 937
Employee
63 798
63 798
108 845
-
health
635
1 085
1 850
-
social contributions
3 100
5 295
7 142
-
income
6 699
5 906
18 904
-
total
10 434
12 286
27 896
-
Employer
63 798
63 798
108 845
-
social contributions
3 100
5 295
7 142
-
health
691
1 181
2 014
-
total
3 791
6 476
9 156
-
Corporate
76 864
47 727
-
-
income
9 607
5 966
-
-
total
9 607
5 966
-
-
Dividends
67 257
41 761
-
-
withholding
11 434
7 099
-
-
total
11 434
7 099
-
-
Income
118 000
118 000
118 000
118 000
Total tax
35 266
31 827
37 052
35 937
After tax
82 734
86 173
80 948
82 063
Living cost
26 910
26 910
26 910
26 910
Free-cash
55 824
59 263
54 038
55 153

Estimated living cost  is ₽26910 per week

₽18396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₽61720
₽40358
₽43357
₽54755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
28 093
health
-
-
-
15 930
solidarity contribution
-
-
-
-
income
-
-
-
11 097
total
-
-
-
55 120
Employee
28 710
-
88 060
-
health
3 876
-
11 888
-
social contributions
1 866
-
5 724
-
solidarity contribution
-
-
-
-
income
3 445
-
10 567
-
total
9 187
-
28 179
-
Employer
28 710
-
88 060
-
social contributions
7 178
-
22 015
-
health
2 584
-
7 925
-
total
9 762
-
29 940
-
Corporate
79 528
118 000
-
-
income
15 110
22 420
-
-
total
15 110
22 420
-
-
Dividends
64 418
95 580
-
-
withholding
9 663
14 337
-
-
total
9 663
14 337
-
-
Income
118 000
118 000
118 000
118 000
Total tax
43 722
36 757
58 119
55 120
After tax
74 278
81 243
59 881
62 880
Living cost
19 523
19 523
19 523
19 523
Free-cash
54 755
61 720
40 358
43 357

Estimated living cost  is ₽19523 per week

₽13561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽57186
₽35824
₽38823
₽48603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
28 093
health
-
-
-
15 930
solidarity contribution
-
-
-
-
income
-
-
-
11 097
total
-
-
-
55 120
Employee
35 378
-
88 060
-
health
4 776
-
11 888
-
social contributions
2 300
-
5 724
-
solidarity contribution
-
-
-
-
income
4 245
-
10 567
-
total
11 321
-
28 179
-
Employer
35 378
-
88 060
-
social contributions
8 845
-
22 015
-
health
3 184
-
7 925
-
total
12 029
-
29 940
-
Corporate
70 593
118 000
-
-
income
13 413
22 420
-
-
total
13 413
22 420
-
-
Dividends
57 180
95 580
-
-
withholding
8 577
14 337
-
-
total
8 577
14 337
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 340
36 757
58 119
55 120
After tax
72 660
81 243
59 881
62 880
Living cost
24 057
24 057
24 057
24 057
Free-cash
48 603
57 186
35 824
38 823

Estimated living cost  is ₽24057 per week

₽17891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-₽63254
-₽63254
₽31178
-₽63254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
labour market
-
-
-
9 382
municipal
-
-
-
23 733
pensions
-
-
-
721
national
-
-
-
12 921
total
-
-
-
46 757
Employee
169 104
169 104
169 104
-
municipal
36 010
36 010
36 010
-
pensions
240
240
240
-
national
20 659
20 659
20 659
-
labour market
13 509
13 509
13 509
-
total
70 418
70 418
70 418
-
Employer
169 104
169 104
169 104
-
labour market
13 528
13 528
13 528
-
national
20 695
20 695
20 695
-
municipal
36 067
36 067
36 067
-
pensions
481
481
481
-
total
70 771
70 771
70 771
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
141 189
141 189
141 189
46 757
After tax
-23 189
-23 189
-23 189
71 243
Living cost
40 065
40 065
40 065
40 065
Free-cash
-63 254
-63 254
-63 254
31 178

Estimated living cost  is ₽40065 per week

₽27421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₽74360
₽47973
₽43208
₽69205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
health
-
-
-
15 340
pensions
-
-
-
23 600
income
-
-
-
15 812
total
-
-
-
54 752
Employee
23 536
-
88 191
-
pensions
471
-
1 763
-
unemployment
376
-
1 411
-
income
2 650
-
17 004
-
total
3 497
-
20 178
-
Employer
23 536
-
88 191
-
pensions
4 708
-
17 639
-
unemployment
189
-
705
-
health
3 059
-
11 465
-
total
7 956
-
29 809
-
Corporate
86 508
118 000
-
-
income
17 302
23 600
-
-
total
17 302
23 600
-
-
Dividends
69 206
94 400
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
28 755
23 600
49 987
54 752
After tax
89 245
94 400
68 013
63 248
Living cost
20 040
20 040
20 040
20 040
Free-cash
69 205
74 360
47 973
43 208

Estimated living cost  is ₽20040 per week

₽13745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₽43836
₽31838
₽48017
₽45034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
118 000
health
-
-
-
1 471
municipal
-
-
-
20 975
national
-
-
-
15 684
total
-
-
-
38 130
Employee
43 651
-
99 269
-
health
326
-
1 182
-
municipal
7 150
-
16 181
-
pensions
2 946
-
6 701
-
national
721
-
10 024
-
unemployment
655
-
1 489
-
total
11 798
-
35 577
-
Employer
43 651
-
99 269
-
accident
44
-
99
-
unemployment
283
-
646
-
health
335
-
764
-
pensions
7 573
-
17 223
-
total
8 235
-
18 732
-
Corporate
66 113
118 000
-
-
income
13 222
23 600
-
-
total
13 222
23 600
-
-
Dividends

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

39 668
70 800
-
-
municipal
7 140
12 744
-
-
national
718
5 967
-
-
total
7 858
18 711
-
-
Income
118 000
118 000
118 000
118 000
Total tax
41 113
42 311
54 309
38 130
After tax
76 887
75 689
63 691
79 870
Living cost
31 853
31 853
31 853
31 853
Free-cash
45 034
43 836
31 838
48 017

Estimated living cost  is ₽31853 per week

₽20806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Marseille , France
₽33899
₽42427
₽41381
₽38511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
3 361
health
-
-
-
4 111
pensions
-
-
-
23 723
other
-
-
-
3 657
income
-
-
-
16 194
surtax
-
-
-
-
total
-
-
-
51 046
Employee
31 696
-
93 006
-
income
1 634
-
16 590
-
social contributions
904
-
2 650
-
pensions
3 585
-
5 769
-
surtax
-
-
-
-
total
6 123
-
25 009
-
Employer
31 696
-
93 006
-
pensions
5 208
-
9 836
-
social contributions
94
-
279
-
unemployment
1 283
-
3 766
-
health
2 218
-
7 779
-
other
1 094
-
3 331
-
total
9 897
-
24 991
-
Corporate
76 405
118 000
-
-
surtax
-
-
-
-
income
21 394
33 040
-
-
total
21 394
33 040
-
-
Dividends
55 011
84 960
-
-
surtax
-
-
-
-
withholding
7 041
10 875
-
-
social contributions
9 461
14 613
-
-
total
16 502
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 916
58 528
50 000
51 046
After tax
64 084
59 472
68 000
66 954
Living cost
25 573
25 573
25 573
25 573
Free-cash
38 511
33 899
42 427
41 381

Estimated living cost  is ₽25573 per week

₽14831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽31086
₽39614
₽38568
₽35988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
3 361
health
-
-
-
4 111
pensions
-
-
-
23 723
other
-
-
-
3 657
income
-
-
-
16 194
surtax
-
-
-
-
total
-
-
-
51 046
Employee
35 509
-
93 006
-
income
2 096
-
16 590
-
social contributions
1 012
-
2 650
-
pensions
4 015
-
5 769
-
surtax
-
-
-
-
total
7 123
-
25 009
-
Employer
35 509
-
93 006
-
pensions
5 833
-
9 836
-
social contributions
107
-
279
-
unemployment
1 437
-
3 766
-
health
2 486
-
7 779
-
other
1 225
-
3 331
-
total
11 088
-
24 991
-
Corporate
71 402
118 000
-
-
surtax
-
-
-
-
income
19 992
33 040
-
-
total
19 992
33 040
-
-
Dividends
51 410
84 960
-
-
surtax
-
-
-
-
withholding
6 581
10 875
-
-
social contributions
8 842
14 613
-
-
total
15 423
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 626
58 528
50 000
51 046
After tax
64 374
59 472
68 000
66 954
Living cost
28 386
28 386
28 386
28 386
Free-cash
35 988
31 086
39 614
38 568

Estimated living cost  is ₽28386 per week

₽17898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
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.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₽19400
₽27928
₽26882
₽25104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
3 361
health
-
-
-
4 111
pensions
-
-
-
23 723
other
-
-
-
3 657
income
-
-
-
16 194
surtax
-
-
-
-
total
-
-
-
51 046
Employee
51 964
-
93 006
-
income
4 534
-
16 590
-
social contributions
1 480
-
2 650
-
pensions
5 877
-
5 769
-
surtax
-
-
-
-
total
11 891
-
25 009
-
Employer
51 964
-
93 006
-
pensions
8 538
-
9 836
-
social contributions
156
-
279
-
unemployment
2 105
-
3 766
-
health
3 637
-
7 779
-
other
1 793
-
3 331
-
total
16 229
-
24 991
-
Corporate
49 807
118 000
-
-
surtax
-
-
-
-
income
13 947
33 040
-
-
total
13 947
33 040
-
-
Dividends
35 860
84 960
-
-
surtax
-
-
-
-
withholding
4 590
10 875
-
-
social contributions
6 167
14 613
-
-
total
10 757
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
52 824
58 528
50 000
51 046
After tax
65 176
59 472
68 000
66 954
Living cost
40 072
40 072
40 072
40 072
Free-cash
25 104
19 400
27 928
26 882

Estimated living cost  is ₽40072 per week

₽27120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽106243
₽88543
₽110963
₽105145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
118 000
microenterprise

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

-
-
-
1 180
total
-
-
-
1 180
Employee
7 321
-
118 000
-
income
1 464
-
23 600
-
total
1 464
-
23 600
-
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%.

110 679
118 000
-
-
total
-
-
-
-
Dividends
110 679
118 000
-
-
withholding
5 534
5 900
-
-
total
5 534
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
6 998
5 900
23 600
1 180
After tax
111 002
112 100
94 400
116 820
Living cost
5 857
5 857
5 857
5 857
Free-cash
105 145
106 243
88 543
110 963

Estimated living cost  is ₽5857 per week

₽3630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽161
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Tbilisi , Georgia
₽102973
₽85273
₽107693
₽101261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
118 000
microenterprise

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

-
-
-
1 180
total
-
-
-
1 180
Employee
11 409
-
118 000
-
income
2 282
-
23 600
-
total
2 282
-
23 600
-
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%.

106 591
118 000
-
-
total
-
-
-
-
Dividends
106 591
118 000
-
-
withholding
5 330
5 900
-
-
total
5 330
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
7 612
5 900
23 600
1 180
After tax
110 388
112 100
94 400
116 820
Living cost
9 127
9 127
9 127
9 127
Free-cash
101 261
102 973
85 273
107 693

Estimated living cost  is ₽9127 per week

₽6176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Berlin , Germany
₽28744
₽45112
₽33715
₽39597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
118 000
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.

-
-
-
5 668
trade
-
-
-
11 397
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.

-
-
-
33 355
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.

-
-
-
1 834
total
-
-
-
52 254
Employee

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

41 281
-
118 000
-
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.

5 668
-
5 668
-
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.

187
-
1 834
-
income

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

3 395
-
33 355
-
total
9 250
-
40 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 719
118 000
-
-
trade
11 009
16 933
-
-
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.

633
973
-
-
chamber of commerce
238
299
-
-
income
11 508
17 700
-
-
total
23 388
35 905
-
-
Dividends
53 332
82 095
-
-
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.

716
1 112
-
-
withholding
13 018
20 208
-
-
total
13 734
21 320
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 372
57 225
40 857
52 254
After tax
71 628
60 775
77 143
65 746
Living cost
32 031
32 031
32 031
32 031
Free-cash
39 597
28 744
45 112
33 715

Estimated living cost  is ₽32031 per week

₽22096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Dresden , Germany
₽34430
₽52013
₽39504
₽43607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
118 000
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.

-
-
-
5 668
trade
-
-
-
12 509
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.

-
-
-
33 355
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.

-
-
-
1 834
total
-
-
-
53 366
Employee

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

31 733
-
118 000
-
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.

5 668
-
5 668
-
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.

49
-
1 834
-
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.

886
-
33 355
-
total
6 603
-
40 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 267
118 000
-
-
trade
13 588
18 585
-
-
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.

712
973
-
-
chamber of commerce
250
296
-
-
income
12 940
17 700
-
-
total
27 490
37 554
-
-
Dividends
58 777
80 446
-
-
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.

790
1 090
-
-
withholding
14 380
19 796
-
-
total
15 170
20 886
-
-
Income
118 000
118 000
118 000
118 000
Total tax
49 263
58 440
40 857
53 366
After tax
68 737
59 560
77 143
64 634
Living cost
25 130
25 130
25 130
25 130
Free-cash
43 607
34 430
52 013
39 504

Estimated living cost  is ₽25130 per week

₽15808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Hamburg , Germany
₽26363
₽44550
₽31485
₽38017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
118 000
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.

-
-
-
5 668
trade
-
-
-
13 065
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.

-
-
-
33 355
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.

-
-
-
1 834
total
-
-
-
53 922
Employee

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

42 074
-
118 000
-
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.

5 668
-
5 668
-
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.

198
-
1 834
-
income

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

3 615
-
33 355
-
total
9 481
-
40 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 926
118 000
-
-
trade
12 490
19 411
-
-
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.

627
973
-
-
chamber of commerce
235
294
-
-
income
11 390
17 700
-
-
total
24 742
38 378
-
-
Dividends
51 185
79 621
-
-
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.

686
1 077
-
-
withholding
12 481
19 589
-
-
total
13 167
20 666
-
-
Income
118 000
118 000
118 000
118 000
Total tax
47 390
59 044
40 857
53 922
After tax
70 610
58 956
77 143
64 078
Living cost
32 593
32 593
32 593
32 593
Free-cash
38 017
26 363
44 550
31 485

Estimated living cost  is ₽32593 per week

₽21798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Munich , Germany
₽20341
₽39135
₽25513
₽33793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
118 000
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.

-
-
-
5 668
trade
-
-
-
13 622
income

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

-
-
-
33 355
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.

-
-
-
1 834
total
-
-
-
54 479
Employee

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

49 862
-
118 000
-
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.

5 668
-
5 668
-
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.

323
-
1 834
-
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.

5 863
-
33 355
-
total
11 854
-
40 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 138
118 000
-
-
trade
11 686
20 236
-
-
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.

562
973
-
-
chamber of commerce
222
291
-
-
income
10 221
17 700
-
-
total
22 691
39 200
-
-
Dividends
45 447
78 799
-
-
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.

608
1 066
-
-
withholding
11 046
19 385
-
-
total
11 654
20 451
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 199
59 651
40 857
54 479
After tax
71 801
58 349
77 143
63 521
Living cost
38 008
38 008
38 008
38 008
Free-cash
33 793
20 341
39 135
25 513

Estimated living cost  is ₽38008 per week

₽27759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Athens , Greece
₽55587
₽34463
₽37359
₽52948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
27 860
surtax
-
-
-
3 950
total
-
-
-
62 006
Employee
27 940
-
97 480
-
health
713
-
2 486
-
pensions
1 864
-
6 503
-
surtax
99
-
3 492
-
other
-
-
-
-
unemployment
1 944
-
6 784
-
income
4 684
-
25 117
-
total
9 304
-
44 382
-
Employer
27 940
-
97 480
-
pensions
3 725
-
12 994
-
unemployment
886
-
3 091
-
health
1 271
-
4 435
-
other
-
-
-
-
total
5 882
-
20 520
-
Corporate
84 177
118 000
-
-
income
21 887
30 680
-
-
total
21 887
30 680
-
-
Dividends
62 291
87 320
-
-
withholding
9 344
13 098
-
-
total
9 344
13 098
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 417
43 778
64 902
62 006
After tax
71 583
74 222
53 098
55 994
Living cost
18 635
18 635
18 635
18 635
Free-cash
52 948
55 587
34 463
37 359

Estimated living cost  is ₽18635 per week

₽11251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₽55914
₽34790
₽37686
₽53329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
27 860
surtax
-
-
-
3 950
total
-
-
-
62 006
Employee
27 437
-
97 480
-
health
701
-
2 486
-
pensions
1 830
-
6 503
-
surtax
90
-
3 492
-
other
-
-
-
-
unemployment
1 910
-
6 784
-
income
4 599
-
25 117
-
total
9 130
-
44 382
-
Employer
27 437
-
97 480
-
pensions
3 657
-
12 994
-
unemployment
869
-
3 091
-
health
1 249
-
4 435
-
other
-
-
-
-
total
5 775
-
20 520
-
Corporate
84 788
118 000
-
-
income
22 046
30 680
-
-
total
22 046
30 680
-
-
Dividends
62 743
87 320
-
-
withholding
9 412
13 098
-
-
total
9 412
13 098
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 363
43 778
64 902
62 006
After tax
71 637
74 222
53 098
55 994
Living cost
18 308
18 308
18 308
18 308
Free-cash
53 329
55 914
34 790
37 686

Estimated living cost  is ₽18308 per week

₽11194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₽50096
₽52133
₽65472
₽50435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
unemployment
-
-
-
1 770
health
-
-
-
8 260
pensions
-
-
-
11 800
income
-
-
-
14 425
total
-
-
-
36 255
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.

23 491
9 349
98 745
-
health
1 644
654
6 912
-
pensions
2 349
935
9 874
-
unemployment
352
140
1 481
-
income
2 872
1 143
12 072
-
total
7 217
2 872
30 339
-
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.

23 491
9 349
98 745
-
pensions
4 581
1 823
19 255
-
total
4 581
1 823
19 255
-
Corporate
89 929
106 828
-
-
income
8 094
9 615
-
-
total
8 094
9 615
-
-
Dividends
81 835
97 213
-
-
withholding
15 549
18 471
-
-
social contributions
15 851
18 850
-
-
total
31 400
37 321
-
-
Income
118 000
118 000
118 000
118 000
Total tax
51 292
51 631
49 594
36 255
After tax
66 708
66 369
68 406
81 745
Living cost
16 273
16 273
16 273
16 273
Free-cash
50 435
50 096
52 133
65 472

Estimated living cost  is ₽16273 per week

₽11105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₽31749
₽29153
₽28227
₽31052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
1 269
municipal
-
-
-
12 732
pensions
-
-
-
14 160
national
-
-
-
19 729
total
-
-
-
47 890
Employee
64 927
-
102 010
-
municipal
8 020
-
13 189
-
pensions
2 597
-
4 080
-
national
12 427
-
20 437
-
total
23 044
-
37 706
-
Employer
64 927
-
102 010
-
social contributions
698
-
1 097
-
pensions
5 194
-
8 161
-
total
5 892
-
9 258
-
Corporate
42 896
118 000
-
-
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%.

8 579
23 600
-
-
total
8 579
23 600
-
-
Dividends
34 317
94 400
-
-
withholding
7 550
20 768
-
-
total
7 550
20 768
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 065
44 368
46 964
47 890
After tax
72 935
73 632
71 036
70 110
Living cost
41 883
41 883
41 883
41 883
Free-cash
31 052
31 749
29 153
28 227

Estimated living cost  is ₽41883 per week

₽28468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Dublin , Ireland
₽35337
₽18215
₽18215
₽37170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
social contributions
-
-
-
19 036
income
-
-
-
33 487
total
-
-
-
52 523
Employee
64 899
-
118 000
-
social contributions
5 392
-
19 036
-
income
12 246
-
33 487
-
total
17 638
-
52 523
-
Employer
64 899
-
118 000
-
total
-
-
-
-
Corporate
53 101
118 000
-
-
income
6 638
14 750
-
-
total
6 638
14 750
-
-
Dividends
46 463
103 250
-
-
withholding
9 292
20 651
-
-
total
9 292
20 651
-
-
Income
118 000
118 000
118 000
118 000
Total tax
33 568
35 401
52 523
52 523
After tax
84 432
82 599
65 477
65 477
Living cost
47 262
47 262
47 262
47 262
Free-cash
37 170
35 337
18 215
18 215

Estimated living cost  is ₽47262 per week

₽35956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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.

Milan , Italy
₽27949
₽17450
₽23032
₽23618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
regional
-
-
-
1 364
social contributions
-
-
-
30 349
municipal
-
-
-
701
national
-
-
-
27 545
total
-
-
-
59 959
Employee
73 736
-
118 000
-
regional
696
-
1 201
-
municipal
390
-
625
-
social contributions
24 864
-
39 790
-
national
12 777
-
23 925
-
total
38 727
-
65 541
-
Employer
73 736
-
118 000
-
total
-
-
-
-
Corporate
44 264
118 000
-
-
nationa
10 623
28 320
-
-
municipal
1 726
4 602
-
-
total
12 349
32 922
-
-
Dividends
31 916
85 078
-
-
withholding
8 297
22 120
-
-
total
8 297
22 120
-
-
Income
118 000
118 000
118 000
118 000
Total tax
59 373
55 042
65 541
59 959
After tax
58 627
62 958
52 459
58 041
Living cost
35 009
35 009
35 009
35 009
Free-cash
23 618
27 949
17 450
23 032

Estimated living cost  is ₽35009 per week

₽24404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₽39673
₽29722
₽35275
₽37831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
118 000
regional
-
-
-
1 780
social contributions
-
-
-
30 349
municipal
-
-
-
701
national
-
-
-
27 545
total
-
-
-
60 375
Employee
46 023
-
118 000
-
regional
620
-
1 588
-
municipal
244
-
625
-
social contributions
15 519
-
39 790
-
national
7 291
-
23 925
-
total
23 674
-
65 928
-
Employer
46 023
-
118 000
-
total
-
-
-
-
Corporate
71 977
118 000
-
-
nationa
17 275