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
₽61163
₽76004
₽64299
₽79040
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
-
-
-
25 960
income
-
-
-
3 717
total
-
-
-
29 677
Employee
29 048
-
102 163
-
social contributions
1 888
-
6 639
-
income
-
-
4 065
-
total
1 888
-
10 704
-
Employer
29 048
-
102 163
-
social contributions
4 503
-
15 837
-
total
4 503
-
15 837
-
Corporate
84 449
118 000
-
-
income
8 445
11 800
-
-
total
8 445
11 800
-
-
Dividends
76 004
106 200
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
14 836
11 800
26 541
29 677
After tax
103 164
106 200
91 459
88 323
Living cost
27 160
27 160
27 160
27 160
Free-cash
76 004
79 040
64 299
61 163

Estimated living cost  is ₽27160 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7040
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
₽30721
₽36504
₽3444
₽36953
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
surtax
-
-
-
-
unemployment
-
-
-
5 542
health
-
-
-
8 074
chamber of commerce
-
-
-
472
pensions
-
-
-
19 528
income
-
-
-
24 837
total
-
-
-
58 453
Employee
39 497
36 008
91 629
-
unemployment
1 185
1 080
2 749
-
other
394
360
916
-
income
3 518
2 656
20 713
-
pensions
4 045
3 687
9 383
-
health
1 528
1 394
3 546
-
total
10 670
9 177
37 307
-
Employer
39 497
36 008
91 629
-
pensions
4 957
4 520
11 500
-
surtax
-
-
-
-
payroll
1 185
1 080
2 749
-
other
1 876
1 710
4 352
-
health
1 493
1 361
3 464
-
accident
513
468
1 192
-
unemployment
1 185
1 080
2 749
-
chamber of commerce
158
144
367
-
total
11 367
10 363
26 373
-
Corporate
67 137
71 629
88 199
-
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.

16 785
17 908
22 050
-
total
16 785
17 908
22 050
-
Dividends
50 352
53 721
-
-
withholding
13 848
14 773
-
-
total
13 848
14 773
-
-
Income
118 000
118 000
118 000
118 000
Total tax
52 670
52 221
85 730
58 453
After tax
65 330
65 779
32 270
59 547
Living cost
28 826
28 826
28 826
28 826
Free-cash
36 504
36 953
3 444
30 721

Estimated living cost  is ₽28826 per week

₽17292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
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.
₽8076
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
₽27531
₽32446
₽405
₽33845
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
surtax
-
-
-
178
unemployment
-
-
-
5 542
health
-
-
-
8 074
chamber of commerce
-
-
-
472
pensions
-
-
-
19 528
income
-
-
-
24 837
total
-
-
-
58 631
Employee
45 155
36 008
91 490
-
unemployment
1 355
1 080
2 745
-
other
451
360
916
-
income
5 141
2 656
20 663
-
pensions
4 624
3 687
9 369
-
health
1 747
1 394
3 541
-
total
13 318
9 177
37 234
-
Employer
45 155
36 008
91 490
-
pensions
5 667
4 520
11 481
-
surtax
178
178
178
-
payroll
1 355
1 080
2 745
-
other
2 145
1 710
4 347
-
health
1 706
1 361
3 458
-
accident
586
468
1 190
-
unemployment
1 355
1 080
2 745
-
chamber of commerce
180
144
365
-
total
13 172
10 541
26 509
-
Corporate
59 673
71 450
88 060
-
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.

14 918
17 863
22 014
-
total
14 918
17 863
22 014
-
Dividends
44 755
53 587
-
-
withholding
12 308
14 736
-
-
total
12 308
14 736
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 716
52 317
85 757
58 631
After tax
64 284
65 683
32 243
59 369
Living cost
31 838
31 838
31 838
31 838
Free-cash
32 446
33 845
405
27 531

Estimated living cost  is ₽31838 per week

₽21234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽7364
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
₽19634
₽19582
₽10896
₽33133
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
national
-
-
-
40 771
communal

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

-
-
-
5 958
social contributions
-
-
-
18 692
total
-
-
-
65 421
Employee

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

64 632
-
91 395
-
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.

562
-
796
-
national
19 870
-
30 842
-
communal

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

3 371
-
4 767
-
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.

4 847
-
6 855
-
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.

3 037
-
4 295
-
total
31 687
-
47 555
-
Employer

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

64 632
-
91 395
-
surtax
7 328
-
10 363
-
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.

5 727
-
8 098
-
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.

3 975
-
5 621
-
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.

840
-
1 188
-
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.

943
-
1 334
-
total
18 813
-
26 604
-
Corporate
34 555
118 000
-
-
income
6 912
23 601
-
-
surtax
139
472
-
-
total
7 051
24 073
-
-
Dividends
27 505
93 928
-
-
withholding

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

7 922
27 849
-
-
total
7 922
27 849
-
-
Income
118 000
118 000
118 000
118 000
Total tax
65 473
51 922
74 159
65 421
After tax
52 527
66 078
43 841
52 579
Living cost
32 945
32 945
32 945
32 945
Free-cash
19 582
33 133
10 896
19 634

Estimated living cost  is ₽32945 per week

₽21221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽8328
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
₽76276
₽79792
₽80455
₽85312
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
-
-
-
127
health
-
-
-
3 638
pensions

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

-
-
-
4 681
income
-
-
-
17 700
total
-
-
-
26 146
Employee
20 627
-
111 794
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
income
2 063
-
11 180
-
pensions

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

1 811
-
2 777
-
health
949
-
1 455
-
total
5 050
-
15 760
-
Employer
20 627
-
111 794
-
pensions

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

2 273
-
3 486
-
health
1 423
-
2 183
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
unemployment
124
-
190
-
total
4 047
-
6 207
-
Corporate
93 326
118 000
-
-
income
9 333
11 800
-
-
total
9 333
11 800
-
-
Dividends
83 993
106 200
-
-
withholding
4 200
5 310
-
-
total
4 200
5 310
-
-
Income
118 000
118 000
118 000
118 000
Total tax
22 630
17 110
21 967
26 146
After tax
95 370
100 890
96 033
91 854
Living cost
15 578
15 578
15 578
15 578
Free-cash
79 792
85 312
80 455
76 276

Estimated living cost  is ₽15578 per week

₽10303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
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.
₽4012
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
₽79981
₽84812
₽84160
₽89017
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
-
-
-
127
health
-
-
-
3 638
pensions

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

-
-
-
4 681
income
-
-
-
17 700
total
-
-
-
26 146
Employee
15 721
-
111 794
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
income
1 572
-
11 180
-
pensions

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

1 380
-
2 777
-
health
723
-
1 455
-
total
3 848
-
15 760
-
Employer
15 721
-
111 794
-
pensions

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

1 733
-
3 486
-
health
1 085
-
2 183
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
unemployment
94
-
190
-
total
3 085
-
6 207
-
Corporate
99 194
118 000
-
-
income
9 919
11 800
-
-
total
9 919
11 800
-
-
Dividends
89 275
106 200
-
-
withholding
4 463
5 310
-
-
total
4 463
5 310
-
-
Income
118 000
118 000
118 000
118 000
Total tax
21 315
17 110
21 967
26 146
After tax
96 685
100 890
96 033
91 854
Living cost
11 873
11 873
11 873
11 873
Free-cash
84 812
89 017
84 160
79 981

Estimated living cost  is ₽11873 per week

₽6932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
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.
₽3779
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
₽61669
₽60379
₽60428
₽65297
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
-
-
-
3 009
social contributions
-
-
-
14 619
income
-
-
-
17 783
total
-
-
-
35 411
Employee
69 479
69 479
108 220
-
income
7 565
6 432
17 253
-
social contributions
2 627
5 766
7 778
-
health
538
1 181
1 840
-
total
10 730
13 379
26 871
-
Employer
69 479
69 479
108 220
-
social contributions
2 627
5 766
7 778
-
health
585
1 286
2 003
-
total
3 212
7 052
9 781
-
Corporate
83 138
41 469
-
-
income
10 393
5 183
-
-
total
10 393
5 183
-
-
Dividends
72 746
36 285
-
-
withholding
12 366
6 169
-
-
total
12 366
6 169
-
-
Income
118 000
118 000
118 000
118 000
Total tax
36 701
31 783
36 652
35 411
After tax
81 299
86 217
81 348
82 589
Living cost
20 920
20 920
20 920
20 920
Free-cash
60 379
65 297
60 428
61 669

Estimated living cost  is ₽20920 per week

₽12538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽5868
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
₽53282
₽53164
₽52041
₽56910
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
-
-
-
3 009
social contributions
-
-
-
14 619
income
-
-
-
17 783
total
-
-
-
35 411
Employee
69 479
69 479
108 220
-
income
7 296
6 432
17 253
-
social contributions
3 376
5 766
7 778
-
health
691
1 181
1 840
-
total
11 363
13 379
26 871
-
Employer
69 479
69 479
108 220
-
social contributions
3 376
5 766
7 778
-
health
753
1 286
2 003
-
total
4 129
7 052
9 781
-
Corporate
73 201
41 469
-
-
income
9 149
5 183
-
-
total
9 149
5 183
-
-
Dividends
64 052
36 285
-
-
withholding
10 888
6 169
-
-
total
10 888
6 169
-
-
Income
118 000
118 000
118 000
118 000
Total tax
35 529
31 783
36 652
35 411
After tax
82 471
86 217
81 348
82 589
Living cost
29 307
29 307
29 307
29 307
Free-cash
53 164
56 910
52 041
53 282

Estimated living cost  is ₽29307 per week

₽20034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2289
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.
₽6492
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
₽40339
₽52912
₽39000
₽60362
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
-
-
-
15 930
social contributions
-
-
-
30 047
income
-
-
-
10 803
solidarity contribution
-
-
-
-
total
-
-
-
56 780
Employee
30 707
-
88 060
-
income
3 685
-
10 567
-
social contributions
1 996
-
5 724
-
health
4 145
-
11 888
-
solidarity contribution
-
-
-
-
total
9 826
-
28 179
-
Employer
30 707
-
88 060
-
social contributions
7 677
-
22 015
-
health
2 764
-
7 925
-
total
10 441
-
29 940
-
Corporate
76 852
118 000
-
-
income
14 602
22 420
-
-
total
14 602
22 420
-
-
Dividends
62 250
95 580
-
-
withholding
9 338
14 337
-
-
total
9 338
14 337
-
-
Income
118 000
118 000
118 000
118 000
Total tax
44 207
36 757
58 119
56 780
After tax
73 793
81 243
59 881
61 220
Living cost
20 881
20 881
20 881
20 881
Free-cash
52 912
60 362
39 000
40 339

Estimated living cost  is ₽20881 per week

₽14504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4481
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
₽35489
₽46332
₽34150
₽55512
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
-
-
-
15 930
social contributions
-
-
-
30 047
income
-
-
-
10 803
solidarity contribution
-
-
-
-
total
-
-
-
56 780
Employee
37 839
-
88 060
-
income
4 541
-
10 567
-
social contributions
2 460
-
5 724
-
health
5 108
-
11 888
-
solidarity contribution
-
-
-
-
total
12 109
-
28 179
-
Employer
37 839
-
88 060
-
social contributions
9 460
-
22 015
-
health
3 406
-
7 925
-
total
12 866
-
29 940
-
Corporate
67 295
118 000
-
-
income
12 786
22 420
-
-
total
12 786
22 420
-
-
Dividends
54 509
95 580
-
-
withholding
8 176
14 337
-
-
total
8 176
14 337
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 937
36 757
58 119
56 780
After tax
72 063
81 243
59 881
61 220
Living cost
25 731
25 731
25 731
25 731
Free-cash
46 332
55 512
34 150
35 489

Estimated living cost  is ₽25731 per week

₽19135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽4725
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
₽28180
-₽79475
-₽79475
-₽79475
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
national
-
-
-
12 664
pensions
-
-
-
786
municipal
-
-
-
23 343
labour market
-
-
-
9 377
total
-
-
-
46 170
Employee
184 237
184 237
184 237
-
municipal
39 232
39 232
39 232
-
national
22 508
22 508
22 508
-
pensions
262
262
262
-
labour market
14 718
14 718
14 718
-
total
76 720
76 720
76 720
-
Employer
184 237
184 237
184 237
-
pensions
524
524
524
-
labour market
14 739
14 739
14 739
-
municipal
39 295
39 295
39 295
-
national
22 547
22 547
22 547
-
total
77 105
77 105
77 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
153 825
153 825
153 825
46 170
After tax
-35 825
-35 825
-35 825
71 830
Living cost
43 650
43 650
43 650
43 650
Free-cash
-79 475
-79 475
-79 475
28 180

Estimated living cost  is ₽43650 per week

₽29875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
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.
₽9243
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
₽41423
₽66962
₽46192
₽72575
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
-
-
-
15 339
pensions
-
-
-
23 601
income
-
-
-
15 813
total
-
-
-
54 753
Employee
25 632
-
88 191
-
unemployment
410
-
1 411
-
income
2 886
-
17 003
-
pensions
513
-
1 764
-
total
3 809
-
20 178
-
Employer
25 632
-
88 191
-
pensions
5 127
-
17 637
-
health
3 332
-
11 464
-
unemployment
206
-
705
-
total
8 665
-
29 806
-
Corporate
83 704
118 000
-
-
income
16 740
23 601
-
-
total
16 740
23 601
-
-
Dividends
66 963
94 399
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
29 214
23 601
49 984
54 753
After tax
88 786
94 399
68 016
63 247
Living cost
21 824
21 824
21 824
21 824
Free-cash
66 962
72 575
46 192
41 423

Estimated living cost  is ₽21824 per week

₽14969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5117
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
₽46006
₽42151
₽29827
₽41656
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
national
-
-
-
14 883
health
-
-
-
1 440
municipal
-
-
-
20 981
total
-
-
-
37 304
Employee
47 538
-
99 267
-
unemployment
713
-
1 488
-
municipal
7 786
-
16 186
-
national
785
-
9 223
-
pensions
3 208
-
6 701
-
health
355
-
1 152
-
total
12 847
-
34 750
-
Employer
47 538
-
99 267
-
pensions
8 247
-
17 224
-
health
365
-
765
-
accident
48
-
99
-
unemployment
309
-
645
-
total
8 969
-
18 733
-
Corporate
61 493
118 000
-
-
income
12 299
23 601
-
-
total
12 299
23 601
-
-
Dividends

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

36 895
70 800
-
-
municipal
6 641
12 743
-
-
national
403
5 310
-
-
total
7 044
18 053
-
-
Income
118 000
118 000
118 000
118 000
Total tax
41 159
41 654
53 483
37 304
After tax
76 841
76 346
64 517
80 696
Living cost
34 690
34 690
34 690
34 690
Free-cash
42 151
41 656
29 827
46 006

Estimated living cost  is ₽34690 per week

₽22659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
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.
₽8143
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
₽39313
₽36639
₽41608
₽31621
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
surtax
-
-
-
-
health
-
-
-
3 705
pensions
-
-
-
24 964
social contributions
-
-
-
3 362
income
-
-
-
15 148
other
-
-
-
3 657
total
-
-
-
50 836
Employee
34 519
-
93 729
-
income
1 780
-
16 081
-
surtax
-
-
-
-
social contributions
984
-
2 671
-
pensions
3 904
-
5 520
-
total
6 668
-
24 272
-
Employer
34 519
-
93 729
-
pensions
5 672
-
9 469
-
social contributions
103
-
281
-
other
1 192
-
3 234
-
health
2 416
-
7 489
-
unemployment
1 397
-
3 796
-
total
10 780
-
24 269
-
Corporate
72 701
118 000
-
-
income
20 356
33 040
-
-
surtax
-
-
-
-
total
20 356
33 040
-
-
Dividends
52 345
84 960
-
-
withholding
6 701
10 874
-
-
social contributions
9 005
14 614
-
-
surtax
-
-
-
-
total
15 706
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 510
58 528
48 541
50 836
After tax
64 490
59 472
69 459
67 164
Living cost
27 851
27 851
27 851
27 851
Free-cash
36 639
31 621
41 608
39 313

Estimated living cost  is ₽27851 per week

₽16152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽8342
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
₽36251
₽33898
₽38546
₽28559
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
surtax
-
-
-
-
health
-
-
-
3 705
pensions
-
-
-
24 964
social contributions
-
-
-
3 362
income
-
-
-
15 148
other
-
-
-
3 657
total
-
-
-
50 836
Employee
38 671
-
93 729
-
income
2 282
-
16 081
-
surtax
-
-
-
-
social contributions
1 103
-
2 671
-
pensions
4 372
-
5 520
-
total
7 757
-
24 272
-
Employer
38 671
-
93 729
-
pensions
6 353
-
9 469
-
social contributions
117
-
281
-
other
1 334
-
3 234
-
health
2 707
-
7 489
-
unemployment
1 565
-
3 796
-
total
12 076
-
24 269
-
Corporate
67 253
118 000
-
-
income
18 830
33 040
-
-
surtax
-
-
-
-
total
18 830
33 040
-
-
Dividends
48 423
84 960
-
-
withholding
6 198
10 874
-
-
social contributions
8 328
14 614
-
-
surtax
-
-
-
-
total
14 526
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 189
58 528
48 541
50 836
After tax
64 811
59 472
69 459
67 164
Living cost
30 913
30 913
30 913
30 913
Free-cash
33 898
28 559
38 546
36 251

Estimated living cost  is ₽30913 per week

₽19492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8383
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
₽23524
₽22042
₽25819
₽15832
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
surtax
-
-
-
-
health
-
-
-
3 705
pensions
-
-
-
24 964
social contributions
-
-
-
3 362
income
-
-
-
15 148
other
-
-
-
3 657
total
-
-
-
50 836
Employee
56 591
-
93 729
-
income
4 938
-
16 081
-
surtax
-
-
-
-
social contributions
1 612
-
2 671
-
pensions
6 401
-
5 520
-
total
12 951
-
24 272
-
Employer
56 591
-
93 729
-
pensions
9 299
-
9 469
-
social contributions
170
-
281
-
other
1 953
-
3 234
-
health
3 961
-
7 489
-
unemployment
2 292
-
3 796
-
total
17 675
-
24 269
-
Corporate
43 734
118 000
-
-
income
12 246
33 040
-
-
surtax
-
-
-
-
total
12 246
33 040
-
-
Dividends
31 488
84 960
-
-
withholding
4 031
10 874
-
-
social contributions
5 415
14 614
-
-
surtax
-
-
-
-
total
9 446
25 488
-
-
Income
118 000
118 000
118 000
118 000
Total tax
52 318
58 528
48 541
50 836
After tax
65 682
59 472
69 459
67 164
Living cost
43 640
43 640
43 640
43 640
Free-cash
22 042
15 832
25 819
23 524

Estimated living cost  is ₽43640 per week

₽29535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
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.
₽9936
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
₽110991
₽105178
₽88571
₽106271
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
7 285
-
118 000
-
income
1 457
-
23 600
-
total
1 457
-
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%.

110 715
118 000
-
-
total
-
-
-
-
Dividends
110 715
118 000
-
-
withholding
5 536
5 900
-
-
total
5 536
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
6 993
5 900
23 600
1 180
After tax
111 007
112 100
94 400
116 820
Living cost
5 829
5 829
5 829
5 829
Free-cash
105 178
106 271
88 571
110 991

Estimated living cost  is ₽5829 per week

₽3612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
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.
₽1572
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
₽107737
₽101314
₽85317
₽103017
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
11 354
-
118 000
-
income
2 271
-
23 600
-
total
2 271
-
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%.

106 646
118 000
-
-
total
-
-
-
-
Dividends
106 646
118 000
-
-
withholding
5 332
5 900
-
-
total
5 332
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
7 603
5 900
23 600
1 180
After tax
110 397
112 100
94 400
116 820
Living cost
9 083
9 083
9 083
9 083
Free-cash
101 314
103 017
85 317
107 737

Estimated living cost  is ₽9083 per week

₽6146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
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.
₽2250
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
₽32371
₽37732
₽43276
₽25913
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
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.

-
-
-
1 756
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.

-
-
-
6 173
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.

-
-
-
31 911
trade
-
-
-
10 905
total
-
-
-
50 745
Employee

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

44 957
-
118 000
-
income

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

3 697
-
31 911
-
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.

204
-
1 756
-
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.

6 173
-
6 173
-
total
10 074
-
39 840
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 043
118 000
-
-
trade
10 482
16 932
-
-
income
10 957
17 700
-
-
chamber of commerce
243
310
-
-
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.

602
974
-
-
total
22 284
35 916
-
-
Dividends
50 759
82 083
-
-
withholding
12 347
20 178
-
-
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.

679
1 109
-
-
total
13 026
21 287
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 384
57 203
39 840
50 745
After tax
72 616
60 797
78 160
67 255
Living cost
34 884
34 884
34 884
34 884
Free-cash
37 732
25 913
43 276
32 371

Estimated living cost  is ₽34884 per week

₽24063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
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.
₽6560
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
₽38824
₽42208
₽50792
₽32214
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
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.

-
-
-
1 756
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.

-
-
-
6 173
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.

-
-
-
31 911
trade
-
-
-
11 968
total
-
-
-
51 808
Employee

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

34 559
-
118 000
-
income

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

965
-
31 911
-
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.

53
-
1 756
-
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.

6 173
-
6 173
-
total
7 191
-
39 840
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 441
118 000
-
-
trade
13 141
18 585
-
-
income
12 517
17 700
-
-
chamber of commerce
257
307
-
-
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.

689
974
-
-
total
26 604
37 566
-
-
Dividends
56 836
80 434
-
-
withholding
13 866
19 765
-
-
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.

763
1 087
-
-
total
14 629
20 852
-
-
Income
118 000
118 000
118 000
118 000
Total tax
48 424
58 418
39 840
51 808
After tax
69 576
59 582
78 160
66 192
Living cost
27 368
27 368
27 368
27 368
Free-cash
42 208
32 214
50 792
38 824

Estimated living cost  is ₽27368 per week

₽17215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6451
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
₽30165
₽36177
₽42665
₽23480
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
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.

-
-
-
1 756
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.

-
-
-
6 173
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.

-
-
-
31 911
trade
-
-
-
12 500
total
-
-
-
52 340
Employee

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

45 821
-
118 000
-
income

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

3 937
-
31 911
-
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.

216
-
1 756
-
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.

6 173
-
6 173
-
total
10 326
-
39 840
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 179
118 000
-
-
trade
11 874
19 412
-
-
income
10 826
17 700
-
-
chamber of commerce
240
305
-
-
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.

595
974
-
-
total
23 535
38 391
-
-
Dividends
48 644
79 609
-
-
withholding
11 817
19 559
-
-
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.

650
1 075
-
-
total
12 467
20 634
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 328
59 025
39 840
52 340
After tax
71 672
58 975
78 160
65 660
Living cost
35 495
35 495
35 495
35 495
Free-cash
36 177
23 480
42 665
30 165

Estimated living cost  is ₽35495 per week

₽23739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7483
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
₽23735
₽31629
₽36768
₽16977
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
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.

-
-
-
1 756
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.

-
-
-
6 173
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.

-
-
-
31 911
trade
-
-
-
13 033
total
-
-
-
52 873
Employee

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

54 302
-
118 000
-
income

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

6 385
-
31 911
-
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.

352
-
1 756
-
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.

6 173
-
6 173
-
total
12 910
-
39 840
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 698
118 000
-
-
trade
10 924
20 236
-
-
income
9 554
17 700
-
-
chamber of commerce
226
303
-
-
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.

525
974
-
-
total
21 229
39 213
-
-
Dividends
42 469
78 786
-
-
withholding
10 274
19 353
-
-
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.

566
1 065
-
-
total
10 840
20 418
-
-
Income
118 000
118 000
118 000
118 000
Total tax
44 979
59 631
39 840
52 873
After tax
73 021
58 369
78 160
65 127
Living cost
41 392
41 392
41 392
41 392
Free-cash
31 629
16 977
36 768
23 735

Estimated living cost  is ₽41392 per week

₽30231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽7313
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
₽36025
₽51054
₽34074
₽53927
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
surtax
-
-
-
3 566
unemployment
-
-
-
206
health
-
-
-
8 378
pensions
-
-
-
23 601
income
-
-
-
25 929
other
-
-
-
-
total
-
-
-
61 680
Employee
30 428
-
97 481
-
unemployment
2 118
-
6 785
-
other
-
-
-
-
income
5 101
-
24 081
-
surtax
108
-
3 258
-
pensions
2 030
-
6 502
-
health
777
-
2 485
-
total
10 134
-
43 111
-
Employer
30 428
-
97 481
-
pensions
4 057
-
12 994
-
other
-
-
-
-
health
1 384
-
4 436
-
unemployment
965
-
3 090
-
total
6 406
-
20 520
-
Corporate
81 166
118 000
-
-
income
21 102
30 680
-
-
total
21 102
30 680
-
-
Dividends
60 063
87 320
-
-
withholding
9 009
13 098
-
-
total
9 009
13 098
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 651
43 778
63 631
61 680
After tax
71 349
74 222
54 369
56 320
Living cost
20 295
20 295
20 295
20 295
Free-cash
51 054
53 927
34 074
36 025

Estimated living cost  is ₽20295 per week

₽12253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
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.
₽5808
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
₽36382
₽51473
₽34431
₽54284
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
surtax
-
-
-
3 566
unemployment
-
-
-
206
health
-
-
-
8 378
pensions
-
-
-
23 601
income
-
-
-
25 929
other
-
-
-
-
total
-
-
-
61 680
Employee
29 880
-
97 481
-
unemployment
2 080
-
6 785
-
other
-
-
-
-
income
5 009
-
24 081
-
surtax
98
-
3 258
-
pensions
1 992
-
6 502
-
health
763
-
2 485
-
total
9 942
-
43 111
-
Employer
29 880
-
97 481
-
pensions
3 983
-
12 994
-
other
-
-
-
-
health
1 360
-
4 436
-
unemployment
946
-
3 090
-
total
6 289
-
20 520
-
Corporate
81 831
118 000
-
-
income
21 275
30 680
-
-
total
21 275
30 680
-
-
Dividends
60 555
87 320
-
-
withholding
9 083
13 098
-
-
total
9 083
13 098
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 589
43 778
63 631
61 680
After tax
71 411
74 222
54 369
56 320
Living cost
19 938
19 938
19 938
19 938
Free-cash
51 473
54 284
34 431
36 382

Estimated living cost  is ₽19938 per week

₽12191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽5447
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
₽63661
₽48700
₽50322
₽48322
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.

26 104
10 389
98 745
-
unemployment
392
156
1 481
-
income
3 191
1 270
12 072
-
pensions
2 610
1 039
9 874
-
health
1 827
727
6 912
-
total
8 020
3 192
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.

26 104
10 389
98 745
-
pensions
5 090
2 026
19 255
-
total
5 090
2 026
19 255
-
Corporate
86 805
105 585
-
-
income
7 812
9 503
-
-
total
7 812
9 503
-
-
Dividends
78 993
96 082
-
-
withholding
15 009
18 256
-
-
social contributions
15 285
18 617
-
-
total
30 294
36 873
-
-
Income
118 000
118 000
118 000
118 000
Total tax
51 216
51 594
49 594
36 255
After tax
66 784
66 406
68 406
81 745
Living cost
18 084
18 084
18 084
18 084
Free-cash
48 700
48 322
50 322
63 661

Estimated living cost  is ₽18084 per week

₽12341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3902
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
₽26627
₽29318
₽27553
₽30042
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
national
-
-
-
19 664
pensions
-
-
-
14 160
social contributions
-
-
-
1 269
municipal
-
-
-
12 690
total
-
-
-
47 783
Employee
67 573
-
102 010
-
municipal
8 346
-
13 147
-
national
12 933
-
20 372
-
pensions
2 703
-
4 080
-
total
23 982
-
37 599
-
Employer
67 573
-
102 010
-
pensions
5 406
-
8 161
-
social contributions
726
-
1 097
-
total
6 132
-
9 258
-
Corporate
39 836
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%.

7 967
23 600
-
-
total
7 967
23 600
-
-
Dividends
31 868
94 400
-
-
withholding
7 011
20 768
-
-
total
7 011
20 768
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 092
44 368
46 857
47 783
After tax
72 908
73 632
71 143
70 217
Living cost
43 590
43 590
43 590
43 590
Free-cash
29 318
30 042
27 553
26 627

Estimated living cost  is ₽43590 per week

₽29628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
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.
₽9258
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
₽23188
₽33123
₽23188
₽31131
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
-
-
-
11 077
income
-
-
-
32 265
total
-
-
-
43 342
Employee
70 678
-
118 000
-
social contributions
5 872
-
11 077
-
income
13 337
-
32 265
-
total
19 209
-
43 342
-
Employer
70 678
-
118 000
-
total
-
-
-
-
Corporate
47 322
118 000
-
-
income
5 916
14 749
-
-
total
5 916
14 749
-
-
Dividends
41 407
103 251
-
-
withholding
8 282
20 650
-
-
total
8 282
20 650
-
-
Income
118 000
118 000
118 000
118 000
Total tax
33 407
35 399
43 342
43 342
After tax
84 593
82 601
74 658
74 658
Living cost
51 470
51 470
51 470
51 470
Free-cash
33 123
31 131
23 188
23 188

Estimated living cost  is ₽51470 per week

₽39158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4194
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.
₽7627
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
₽20475
₽20115
₽14859
₽24831
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
national
-
-
-
26 997
regional
-
-
-
1 351
social contributions
-
-
-
30 349
municipal
-
-
-
701
total
-
-
-
59 398
Employee
80 302
-
118 000
-
municipal
425
-
626
-
national
13 914
-
23 410
-
social contributions
27 078
-
39 790
-
regional
758
-
1 188
-
total
42 175
-
65 014
-
Employer
80 302
-
118 000
-
total
-
-
-
-
Corporate
37 698
118 000
-
-
nationa
9 048
28 319
-
-
municipal
1 469
4 602
-
-
total
10 517
32 921
-
-
Dividends
27 180
85 079
-
-
withholding
7 066
22 121
-
-
total
7 066
22 121
-
-
Income
118 000
118 000
118 000
118 000
Total tax
59 758
55 042
65 014
59 398
After tax
58 242
62 958
52 986
58 602
Living cost
38 127
38 127
38 127
38 127
Free-cash
20 115
24 831
14 859
20 475

Estimated living cost  is ₽38127 per week

₽26577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
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.
₽8464
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
₽33834
₽35677
₽28246
₽37685
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
national
-
-
-
26 997
regional
-
-
-
1 779
social contributions
-
-
-
30 349
municipal
-
-
-
701
total
-
-
-
59 826
Employee
50 121
-
118 000
-
municipal
266
-
626
-
national
7 941
-
23 410
-
social contributions
16 901
-
39 790
-
regional
675
-
1 588
-
total
25 783
-
65 414
-
Employer
50 121
-
118 000
-
total
-
-
-
-
Corporate
67 879
118 000
-
-
nationa