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
₽ 120000
per

Your estimated
City
free-cash

Andorra , Andorra
₽62554
₽77787
₽65742
₽80823
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
-
-
-
120 000
social contributions
-
-
-
26 400
income
-
-
-
3 869
total
-
-
-
30 269
Employee
29 066
-
103 896
-
social contributions
1 889
-
6 753
-
income
-
-
4 224
-
total
1 889
-
10 977
-
Employer
29 066
-
103 896
-
social contributions
4 505
-
16 104
-
total
4 505
-
16 104
-
Corporate
86 428
120 000
-
-
income
8 642
12 000
-
-
total
8 642
12 000
-
-
Dividends
77 786
108 000
-
-
total
-
-
-
-
Income
120 000
120 000
120 000
120 000
Total tax
15 036
12 000
27 081
30 269
After tax
104 964
108 000
92 919
89 731
Living cost
27 177
27 177
27 177
27 177
Free-cash
77 787
80 823
65 742
62 554

Estimated living cost  is ₽27177 per week

₽17572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2049
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.
₽7045
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
₽31850
₽37576
₽3785
₽38023
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
-
-
-
120 000
surtax
-
-
-
-
unemployment
-
-
-
5 545
health
-
-
-
8 079
chamber of commerce
-
-
-
480
pensions
-
-
-
19 540
income
-
-
-
25 662
total
-
-
-
59 306
Employee
39 521
36 030
93 183
-
unemployment
1 186
1 081
2 795
-
other
395
360
932
-
income
3 521
2 658
21 241
-
pensions
4 047
3 689
9 543
-
health
1 529
1 395
3 606
-
total
10 678
9 183
38 117
-
Employer
39 521
36 030
93 183
-
pensions
4 960
4 523
11 694
-
surtax
-
-
-
-
payroll
1 186
1 081
2 795
-
other
1 877
1 711
4 427
-
health
1 494
1 362
3 522
-
accident
513
468
1 211
-
unemployment
1 186
1 081
2 795
-
chamber of commerce
158
144
372
-
total
11 374
10 370
26 816
-
Corporate
69 105
73 600
89 752
-
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.

17 276
18 399
22 438
-
total
17 276
18 399
22 438
-
Dividends
51 830
55 201
-
-
withholding
14 252
15 181
-
-
total
14 252
15 181
-
-
Income
120 000
120 000
120 000
120 000
Total tax
53 580
53 133
87 371
59 306
After tax
66 420
66 867
32 629
60 694
Living cost
28 844
28 844
28 844
28 844
Free-cash
37 576
38 023
3 785
31 850

Estimated living cost  is ₽28844 per week

₽17303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
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
₽28659
₽33518
₽744
₽34914
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
-
-
-
120 000
surtax
-
-
-
178
unemployment
-
-
-
5 545
health
-
-
-
8 079
chamber of commerce
-
-
-
480
pensions
-
-
-
19 540
income
-
-
-
25 662
total
-
-
-
59 484
Employee
45 183
36 030
93 043
-
unemployment
1 355
1 081
2 791
-
other
451
360
930
-
income
5 144
2 658
21 192
-
pensions
4 627
3 689
9 527
-
health
1 748
1 395
3 601
-
total
13 325
9 183
38 041
-
Employer
45 183
36 030
93 043
-
pensions
5 670
4 523
11 677
-
surtax
178
178
178
-
payroll
1 355
1 081
2 791
-
other
2 146
1 711
4 420
-
health
1 707
1 362
3 517
-
accident
587
468
1 210
-
unemployment
1 355
1 081
2 791
-
chamber of commerce
180
144
372
-
total
13 178
10 548
26 956
-
Corporate
61 637
73 422
89 611
-
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.

15 409
18 355
22 402
-
total
15 409
18 355
22 402
-
Dividends
46 228
55 067
-
-
withholding
12 713
15 143
-
-
total
12 713
15 143
-
-
Income
120 000
120 000
120 000
120 000
Total tax
54 625
53 229
87 399
59 484
After tax
65 375
66 771
32 601
60 516
Living cost
31 857
31 857
31 857
31 857
Free-cash
33 518
34 914
744
28 659

Estimated living cost  is ₽31857 per week

₽21247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
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.
₽7369
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
₽20374
₽20668
₽11480
₽34230
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
-
-
-
120 000
national
-
-
-
41 623
communal

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

-
-
-
6 062
social contributions
-
-
-
18 976
total
-
-
-
66 661
Employee

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

64 671
-
92 940
-
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.

563
-
808
-
national
19 883
-
31 507
-
communal

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

3 373
-
4 847
-
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.

4 850
-
6 971
-
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.

3 039
-
4 368
-
total
31 708
-
48 501
-
Employer

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

64 671
-
92 940
-
surtax
7 333
-
10 538
-
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.

5 730
-
8 234
-
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.

3 977
-
5 715
-
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.

841
-
1 210
-
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.

944
-
1 357
-
total
18 825
-
27 054
-
Corporate
36 504
120 000
-
-
income
7 300
23 999
-
-
surtax
146
480
-
-
total
7 446
24 479
-
-
Dividends
29 058
95 520
-
-
withholding

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

8 388
28 326
-
-
total
8 388
28 326
-
-
Income
120 000
120 000
120 000
120 000
Total tax
66 367
52 805
75 555
66 661
After tax
53 633
67 195
44 445
53 339
Living cost
32 965
32 965
32 965
32 965
Free-cash
20 668
34 230
11 480
20 374

Estimated living cost  is ₽32965 per week

₽21234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2882
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.
₽8333
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
₽77952
₽81481
₽82230
₽87006
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
-
-
-
120 000
unemployment
-
-
-
127
health
-
-
-
3 641
pensions

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

-
-
-
4 686
income
-
-
-
18 000
total
-
-
-
26 454
Employee
20 649
-
113 788
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
income
2 065
-
11 379
-
pensions

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

1 813
-
2 780
-
health
950
-
1 457
-
total
5 055
-
15 964
-
Employer
20 649
-
113 788
-
pensions

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

2 275
-
3 489
-
health
1 425
-
2 185
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
unemployment
124
-
190
-
total
4 051
-
6 212
-
Corporate
95 299
120 000
-
-
income
9 530
12 000
-
-
total
9 530
12 000
-
-
Dividends
85 769
108 000
-
-
withholding
4 289
5 400
-
-
total
4 289
5 400
-
-
Income
120 000
120 000
120 000
120 000
Total tax
22 925
17 400
22 176
26 454
After tax
97 075
102 600
97 824
93 546
Living cost
15 594
15 594
15 594
15 594
Free-cash
81 481
87 006
82 230
77 952

Estimated living cost  is ₽15594 per week

₽10314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
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.
₽4016
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
₽81660
₽86502
₽85938
₽90714
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
-
-
-
120 000
unemployment
-
-
-
127
health
-
-
-
3 641
pensions

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

-
-
-
4 686
income
-
-
-
18 000
total
-
-
-
26 454
Employee
15 738
-
113 788
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
income
1 574
-
11 379
-
pensions

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

1 382
-
2 780
-
health
724
-
1 457
-
total
3 853
-
15 964
-
Employer
15 738
-
113 788
-
pensions

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

1 735
-
3 489
-
health
1 086
-
2 185
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
unemployment
94
-
190
-
total
3 088
-
6 212
-
Corporate
101 174
120 000
-
-
income
10 118
12 000
-
-
total
10 118
12 000
-
-
Dividends
91 056
108 000
-
-
withholding
4 553
5 400
-
-
total
4 553
5 400
-
-
Income
120 000
120 000
120 000
120 000
Total tax
21 612
17 400
22 176
26 454
After tax
98 388
102 600
97 824
93 546
Living cost
11 886
11 886
11 886
11 886
Free-cash
86 502
90 714
85 938
81 660

Estimated living cost  is ₽11886 per week

₽6939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽849
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.
₽3783
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
₽63020
₽61816
₽61770
₽66733
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
-
-
-
120 000
health
-
-
-
3 061
social contributions
-
-
-
14 628
income
-
-
-
18 358
total
-
-
-
36 047
Employee
69 521
69 521
110 179
-
income
7 570
6 436
17 821
-
social contributions
2 628
5 770
7 782
-
health
539
1 182
1 874
-
total
10 737
13 388
27 477
-
Employer
69 521
69 521
110 179
-
social contributions
2 628
5 770
7 782
-
health
585
1 287
2 038
-
total
3 213
7 057
9 820
-
Corporate
85 117
43 422
-
-
income
10 639
5 429
-
-
total
10 639
5 429
-
-
Dividends
74 478
37 993
-
-
withholding
12 662
6 460
-
-
total
12 662
6 460
-
-
Income
120 000
120 000
120 000
120 000
Total tax
37 251
32 334
37 297
36 047
After tax
82 749
87 666
82 703
83 953
Living cost
20 933
20 933
20 933
20 933
Free-cash
61 816
66 733
61 770
63 020

Estimated living cost  is ₽20933 per week

₽12545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2054
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.
₽5871
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
₽54628
₽54597
₽53378
₽58341
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
-
-
-
120 000
health
-
-
-
3 061
social contributions
-
-
-
14 628
income
-
-
-
18 358
total
-
-
-
36 047
Employee
69 521
69 521
110 179
-
income
7 300
6 436
17 821
-
social contributions
3 378
5 770
7 782
-
health
691
1 182
1 874
-
total
11 369
13 388
27 477
-
Employer
69 521
69 521
110 179
-
social contributions
3 378
5 770
7 782
-
health
753
1 287
2 038
-
total
4 131
7 057
9 820
-
Corporate
75 174
43 422
-
-
income
9 397
5 429
-
-
total
9 397
5 429
-
-
Dividends
65 777
37 993
-
-
withholding
11 181
6 460
-
-
total
11 181
6 460
-
-
Income
120 000
120 000
120 000
120 000
Total tax
36 078
32 334
37 297
36 047
After tax
83 922
87 666
82 703
83 953
Living cost
29 325
29 325
29 325
29 325
Free-cash
54 597
58 341
53 378
54 628

Estimated living cost  is ₽29325 per week

₽20046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₽41852
₽54316
₽40033
₽61758
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
-
-
-
120 000
health
-
-
-
16 200
social contributions
-
-
-
30 019
income
-
-
-
11 067
solidarity contribution
-
-
-
-
total
-
-
-
57 286
Employee
30 679
-
89 552
-
income
3 681
-
10 746
-
social contributions
1 994
-
5 821
-
health
4 142
-
12 090
-
solidarity contribution
-
-
-
-
total
9 817
-
28 657
-
Employer
30 679
-
89 552
-
social contributions
7 670
-
22 388
-
health
2 761
-
8 060
-
total
10 431
-
30 448
-
Corporate
78 890
120 000
-
-
income
14 989
22 800
-
-
total
14 989
22 800
-
-
Dividends
63 901
97 200
-
-
withholding
9 585
14 580
-
-
total
9 585
14 580
-
-
Income
120 000
120 000
120 000
120 000
Total tax
44 822
37 380
59 105
57 286
After tax
75 178
82 620
60 895
62 714
Living cost
20 862
20 862
20 862
20 862
Free-cash
54 316
61 758
40 033
41 852

Estimated living cost  is ₽20862 per week

₽14491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4477
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
₽37007
₽47742
₽35188
₽56913
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
-
-
-
120 000
health
-
-
-
16 200
social contributions
-
-
-
30 019
income
-
-
-
11 067
solidarity contribution
-
-
-
-
total
-
-
-
57 286
Employee
37 805
-
89 552
-
income
4 537
-
10 746
-
social contributions
2 457
-
5 821
-
health
5 104
-
12 090
-
solidarity contribution
-
-
-
-
total
12 098
-
28 657
-
Employer
37 805
-
89 552
-
social contributions
9 451
-
22 388
-
health
3 402
-
8 060
-
total
12 853
-
30 448
-
Corporate
69 342
120 000
-
-
income
13 175
22 800
-
-
total
13 175
22 800
-
-
Dividends
56 167
97 200
-
-
withholding
8 425
14 580
-
-
total
8 425
14 580
-
-
Income
120 000
120 000
120 000
120 000
Total tax
46 551
37 380
59 105
57 286
After tax
73 449
82 620
60 895
62 714
Living cost
25 707
25 707
25 707
25 707
Free-cash
47 742
56 913
35 188
37 007

Estimated living cost  is ₽25707 per week

₽19117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
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.
₽4721
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
₽29401
-₽77556
-₽77556
-₽77556
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
-
-
-
120 000
national
-
-
-
12 791
pensions
-
-
-
786
municipal
-
-
-
23 817
labour market
-
-
-
9 537
total
-
-
-
46 931
Employee
184 314
184 314
184 314
-
municipal
39 249
39 249
39 249
-
national
22 517
22 517
22 517
-
pensions
262
262
262
-
labour market
14 724
14 724
14 724
-
total
76 752
76 752
76 752
-
Employer
184 314
184 314
184 314
-
pensions
524
524
524
-
labour market
14 745
14 745
14 745
-
municipal
39 311
39 311
39 311
-
national
22 556
22 556
22 556
-
total
77 136
77 136
77 136
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
120 000
120 000
120 000
120 000
Total tax
153 888
153 888
153 888
46 931
After tax
-33 888
-33 888
-33 888
73 069
Living cost
43 668
43 668
43 668
43 668
Free-cash
-77 556
-77 556
-77 556
29 401

Estimated living cost  is ₽43668 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9247
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
₽42483
₽68544
₽47331
₽74164
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
-
-
-
120 000
health
-
-
-
15 599
pensions
-
-
-
24 001
income
-
-
-
16 080
total
-
-
-
55 680
Employee
25 648
-
89 685
-
unemployment
410
-
1 434
-
income
2 888
-
17 291
-
pensions
513
-
1 793
-
total
3 811
-
20 518
-
Employer
25 648
-
89 685
-
pensions
5 130
-
17 938
-
health
3 334
-
11 658
-
unemployment
206
-
717
-
total
8 670
-
30 313
-
Corporate
85 682
120 000
-
-
income
17 137
23 999
-
-
total
17 137
23 999
-
-
Dividends
68 546
96 001
-
-
total
-
-
-
-
Income
120 000
120 000
120 000
120 000
Total tax
29 618
23 999
50 831
55 680
After tax
90 382
96 001
69 169
64 320
Living cost
21 838
21 838
21 838
21 838
Free-cash
68 544
74 164
47 331
42 483

Estimated living cost  is ₽21838 per week

₽14978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
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.
₽5120
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
₽47189
₽43439
₽30733
₽42817
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

-
-
-
120 000
national
-
-
-
15 295
health
-
-
-
1 470
municipal
-
-
-
21 335
total
-
-
-
38 100
Employee
47 567
-
100 950
-
unemployment
714
-
1 515
-
municipal
7 791
-
16 461
-
national
786
-
9 539
-
pensions
3 210
-
6 815
-
health
355
-
1 177
-
total
12 856
-
35 507
-
Employer
47 567
-
100 950
-
pensions
8 253
-
17 516
-
health
365
-
777
-
accident
48
-
101
-
unemployment
309
-
655
-
total
8 975
-
19 049
-
Corporate
63 458
120 000
-
-
income
12 691
23 999
-
-
total
12 691
23 999
-
-
Dividends

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

38 075
72 000
-
-
municipal
6 854
12 960
-
-
national
474
5 513
-
-
total
7 328
18 473
-
-
Income
120 000
120 000
120 000
120 000
Total tax
41 850
42 472
54 556
38 100
After tax
78 150
77 528
65 444
81 900
Living cost
34 711
34 711
34 711
34 711
Free-cash
43 439
42 817
30 733
47 189

Estimated living cost  is ₽34711 per week

₽22673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
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.
₽8148
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
₽40390
₽37635
₽42477
₽32611
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
-
-
-
120 000
surtax
-
-
-
-
health
-
-
-
3 850
pensions
-
-
-
25 139
social contributions
-
-
-
3 419
income
-
-
-
15 614
other
-
-
-
3 720
total
-
-
-
51 742
Employee
34 540
-
95 177
-
income
1 781
-
16 457
-
surtax
-
-
-
-
social contributions
985
-
2 713
-
pensions
3 907
-
5 662
-
total
6 673
-
24 832
-
Employer
34 540
-
95 177
-
pensions
5 676
-
9 703
-
social contributions
103
-
285
-
other
1 192
-
3 305
-
health
2 417
-
7 675
-
unemployment
1 398
-
3 855
-
total
10 786
-
24 823
-
Corporate
74 673
120 000
-
-
income
20 908
33 601
-
-
surtax
-
-
-
-
total
20 908
33 601
-
-
Dividends
53 765
86 399
-
-
withholding
6 882
11 059
-
-
social contributions
9 248
14 861
-
-
surtax
-
-
-
-
total
16 130
25 920
-
-
Income
120 000
120 000
120 000
120 000
Total tax
54 497
59 521
49 655
51 742
After tax
65 503
60 479
70 345
68 258
Living cost
27 868
27 868
27 868
27 868
Free-cash
37 635
32 611
42 477
40 390

Estimated living cost  is ₽27868 per week

₽16162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
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.
₽8347
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
₽37326
₽34889
₽39413
₽29547
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
-
-
-
120 000
surtax
-
-
-
-
health
-
-
-
3 850
pensions
-
-
-
25 139
social contributions
-
-
-
3 419
income
-
-
-
15 614
other
-
-
-
3 720
total
-
-
-
51 742
Employee
38 694
-
95 177
-
income
2 284
-
16 457
-
surtax
-
-
-
-
social contributions
1 103
-
2 713
-
pensions
4 375
-
5 662
-
total
7 762
-
24 832
-
Employer
38 694
-
95 177
-
pensions
6 357
-
9 703
-
social contributions
117
-
285
-
other
1 335
-
3 305
-
health
2 709
-
7 675
-
unemployment
1 566
-
3 855
-
total
12 084
-
24 823
-
Corporate
69 222
120 000
-
-
income
19 382
33 601
-
-
surtax
-
-
-
-
total
19 382
33 601
-
-
Dividends
49 839
86 399
-
-
withholding
6 379
11 059
-
-
social contributions
8 572
14 861
-
-
surtax
-
-
-
-
total
14 951
25 920
-
-
Income
120 000
120 000
120 000
120 000
Total tax
54 179
59 521
49 655
51 742
After tax
65 821
60 479
70 345
68 258
Living cost
30 932
30 932
30 932
30 932
Free-cash
34 889
29 547
39 413
37 326

Estimated living cost  is ₽30932 per week

₽19504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8388
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
₽24591
₽23029
₽26678
₽16812
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
-
-
-
120 000
surtax
-
-
-
-
health
-
-
-
3 850
pensions
-
-
-
25 139
social contributions
-
-
-
3 419
income
-
-
-
15 614
other
-
-
-
3 720
total
-
-
-
51 742
Employee
56 626
-
95 177
-
income
4 941
-
16 457
-
surtax
-
-
-
-
social contributions
1 613
-
2 713
-
pensions
6 405
-
5 662
-
total
12 959
-
24 832
-
Employer
56 626
-
95 177
-
pensions
9 304
-
9 703
-
social contributions
170
-
285
-
other
1 954
-
3 305
-
health
3 963
-
7 675
-
unemployment
2 294
-
3 855
-
total
17 685
-
24 823
-
Corporate
45 689
120 000
-
-
income
12 792
33 601
-
-
surtax
-
-
-
-
total
12 792
33 601
-
-
Dividends
32 896
86 399
-
-
withholding
4 210
11 059
-
-
social contributions
5 658
14 861
-
-
surtax
-
-
-
-
total
9 868
25 920
-
-
Income
120 000
120 000
120 000
120 000
Total tax
53 304
59 521
49 655
51 742
After tax
66 696
60 479
70 345
68 258
Living cost
43 667
43 667
43 667
43 667
Free-cash
23 029
16 812
26 678
24 591

Estimated living cost  is ₽43667 per week

₽29553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
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.
₽9943
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
₽112960
₽107065
₽90160
₽108160
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%.

-
-
-
120 000
microenterprise

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

-
-
-
1 200
total
-
-
-
1 200
Employee
7 300
-
120 000
-
income
1 460
-
24 000
-
total
1 460
-
24 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 700
120 000
-
-
total
-
-
-
-
Dividends
112 700
120 000
-
-
withholding
5 635
6 000
-
-
total
5 635
6 000
-
-
Income
120 000
120 000
120 000
120 000
Total tax
7 095
6 000
24 000
1 200
After tax
112 905
114 000
96 000
118 800
Living cost
5 840
5 840
5 840
5 840
Free-cash
107 065
108 160
90 160
112 960

Estimated living cost  is ₽5840 per week

₽3619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽485
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.
₽1575
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
₽109700
₽103194
₽86900
₽104900
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%.

-
-
-
120 000
microenterprise

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

-
-
-
1 200
total
-
-
-
1 200
Employee
11 376
-
120 000
-
income
2 275
-
24 000
-
total
2 275
-
24 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

108 624
120 000
-
-
total
-
-
-
-
Dividends
108 624
120 000
-
-
withholding
5 431
6 000
-
-
total
5 431
6 000
-
-
Income
120 000
120 000
120 000
120 000
Total tax
7 706
6 000
24 000
1 200
After tax
112 294
114 000
96 000
118 800
Living cost
9 100
9 100
9 100
9 100
Free-cash
103 194
104 900
86 900
109 700

Estimated living cost  is ₽9100 per week

₽6158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽382
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.
₽2255
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
₽33188
₽38746
₽44376
₽26916
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.

-
-
-
120 000
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.

-
-
-
1 801
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.

-
-
-
6 177
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.

-
-
-
32 741
trade
-
-
-
11 188
total
-
-
-
51 907
Employee

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

44 985
-
120 000
-
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.

3 699
-
32 741
-
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
-
1 801
-
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.

6 177
-
6 177
-
total
10 080
-
40 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 015
120 000
-
-
trade
10 764
17 221
-
-
income
11 252
18 000
-
-
chamber of commerce
247
314
-
-
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.

619
990
-
-
total
22 882
36 525
-
-
Dividends
52 133
83 476
-
-
withholding
12 689
20 525
-
-
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.

698
1 129
-
-
total
13 387
21 654
-
-
Income
120 000
120 000
120 000
120 000
Total tax
46 349
58 179
40 719
51 907
After tax
73 651
61 821
79 281
68 093
Living cost
34 905
34 905
34 905
34 905
Free-cash
38 746
26 916
44 376
33 188

Estimated living cost  is ₽34905 per week

₽24078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3756
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.
₽6564
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
₽39617
₽43203
₽51896
₽33201
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.

-
-
-
120 000
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.

-
-
-
1 801
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.

-
-
-
6 177
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.

-
-
-
32 741
trade
-
-
-
12 279
total
-
-
-
52 998
Employee

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

34 580
-
120 000
-
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.

966
-
32 741
-
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
-
1 801
-
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.

6 177
-
6 177
-
total
7 196
-
40 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 420
120 000
-
-
trade
13 453
18 900
-
-
income
12 813
18 000
-
-
chamber of commerce
261
311
-
-
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.

705
990
-
-
total
27 232
38 201
-
-
Dividends
58 188
81 800
-
-
withholding
14 203
20 106
-
-
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.

781
1 107
-
-
total
14 984
21 213
-
-
Income
120 000
120 000
120 000
120 000
Total tax
49 412
59 414
40 719
52 998
After tax
70 588
60 586
79 281
67 002
Living cost
27 385
27 385
27 385
27 385
Free-cash
43 203
33 201
51 896
39 617

Estimated living cost  is ₽27385 per week

₽17226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
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.
₽6455
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
₽30939
₽37156
₽43764
₽24455
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.

-
-
-
120 000
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.

-
-
-
1 801
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.

-
-
-
6 177
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.

-
-
-
32 741
trade
-
-
-
12 825
total
-
-
-
53 544
Employee

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

45 849
-
120 000
-
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.

3 939
-
32 741
-
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
-
1 801
-
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.

6 177
-
6 177
-
total
10 332
-
40 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 151
120 000
-
-
trade
12 197
19 739
-
-
income
11 123
18 000
-
-
chamber of commerce
242
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.

613
990
-
-
total
24 175
39 036
-
-
Dividends
49 977
80 964
-
-
withholding
12 151
19 897
-
-
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.

669
1 095
-
-
total
12 820
20 992
-
-
Income
120 000
120 000
120 000
120 000
Total tax
47 327
60 028
40 719
53 544
After tax
72 673
59 972
79 281
66 456
Living cost
35 517
35 517
35 517
35 517
Free-cash
37 156
24 455
43 764
30 939

Estimated living cost  is ₽35517 per week

₽23754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
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.
₽7487
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
₽24492
₽32596
₽37863
₽17936
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.

-
-
-
120 000
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.

-
-
-
1 801
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.

-
-
-
6 177
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.

-
-
-
32 741
trade
-
-
-
13 371
total
-
-
-
54 090
Employee

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

54 335
-
120 000
-
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.

6 389
-
32 741
-
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
-
1 801
-
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.

6 177
-
6 177
-
total
12 918
-
40 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 665
120 000
-
-
trade
11 262
20 580
-
-
income
9 850
18 000
-
-
chamber of commerce
230
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.

542
990
-
-
total
21 884
39 875
-
-
Dividends
43 781
80 125
-
-
withholding
10 601
19 688
-
-
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.

583
1 083
-
-
total
11 184
20 771
-
-
Income
120 000
120 000
120 000
120 000
Total tax
45 986
60 646
40 719
54 090
After tax
74 014
59 354
79 281
65 910
Living cost
41 418
41 418
41 418
41 418
Free-cash
32 596
17 936
37 863
24 492

Estimated living cost  is ₽41418 per week

₽30250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽7318
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
₽36717
₽52297
₽34734
₽55172
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
-
-
-
120 000
surtax
-
-
-
3 673
unemployment
-
-
-
206
health
-
-
-
8 520
pensions
-
-
-
23 999
income
-
-
-
26 578
other
-
-
-
-
total
-
-
-
62 976
Employee
30 447
-
99 132
-
unemployment
2 119
-
6 899
-
other
-
-
-
-
income
5 104
-
24 696
-
surtax
108
-
3 359
-
pensions
2 031
-
6 612
-
health
777
-
2 527
-
total
10 139
-
44 093
-
Employer
30 447
-
99 132
-
pensions
4 059
-
13 214
-
other
-
-
-
-
health
1 385
-
4 509
-
unemployment
966
-
3 143
-
total
6 410
-
20 866
-
Corporate
83 143
120 000
-
-
income
21 618
31 200
-
-
total
21 618
31 200
-
-
Dividends
61 525
88 800
-
-
withholding
9 229
13 321
-
-
total
9 229
13 321
-
-
Income
120 000
120 000
120 000
120 000
Total tax
47 396
44 521
64 959
62 976
After tax
72 604
75 479
55 041
57 024
Living cost
20 307
20 307
20 307
20 307
Free-cash
52 297
55 172
34 734
36 717

Estimated living cost  is ₽20307 per week

₽12260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽5811
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
₽37073
₽52714
₽35090
₽55528
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
-
-
-
120 000
surtax
-
-
-
3 673
unemployment
-
-
-
206
health
-
-
-
8 520
pensions
-
-
-
23 999
income
-
-
-
26 578
other
-
-
-
-
total
-
-
-
62 976
Employee
29 898
-
99 132
-
unemployment
2 081
-
6 899
-
other
-
-
-
-
income
5 012
-
24 696
-
surtax
98
-
3 359
-
pensions
1 994
-
6 612
-
health
763
-
2 527
-
total
9 948
-
44 093
-
Employer
29 898
-
99 132
-
pensions
3 986
-
13 214
-
other
-
-
-
-
health
1 361
-
4 509
-
unemployment
947
-
3 143
-
total
6 294
-
20 866
-
Corporate
83 808
120 000
-
-
income
21 790
31 200
-
-
total
21 790
31 200
-
-
Dividends
62 019
88 800
-
-
withholding
9 303
13 321
-
-
total
9 303
13 321
-
-
Income
120 000
120 000
120 000
120 000
Total tax
47 335
44 521
64 959
62 976
After tax
72 665
75 479
55 041
57 024
Living cost
19 951
19 951
19 951
19 951
Free-cash
52 714
55 528
35 090
37 073

Estimated living cost  is ₽19951 per week

₽12199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽5451
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
₽65198
₽49965
₽51633
₽49590
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
-
-
-
120 000
unemployment
-
-
-
1 800
health
-
-
-
8 400
pensions
-
-
-
12 000
income
-
-
-
14 670
total
-
-
-
36 870
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.

25 885
10 302
100 418
-
unemployment
388
155
1 506
-
income
3 164
1 259
12 276
-
pensions
2 588
1 030
10 042
-
health
1 812
721
7 029
-
total
7 952
3 165
30 853
-
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.

25 885
10 302
100 418
-
pensions
5 048
2 009
19 582
-
total
5 048
2 009
19 582
-
Corporate
89 068
107 689
-
-
income
8 016
9 692
-
-
total
8 016
9 692
-
-
Dividends
81 052
97 997
-
-
withholding
15 400
18 620
-
-
social contributions
15 687
18 992
-
-
total
31 087
37 612
-
-
Income
120 000
120 000
120 000
120 000
Total tax
52 103
52 478
50 435
36 870
After tax
67 897
67 522
69 565
83 130
Living cost
17 932
17 932
17 932
17 932
Free-cash
49 965
49 590
51 633
65 198

Estimated living cost  is ₽17932 per week

₽12237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3869
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
₽27510
₽30282
₽28451
₽31011
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
-
-
-
120 000
national
-
-
-
20 015
pensions
-
-
-
14 400
social contributions
-
-
-
1 290
municipal
-
-
-
12 916
total
-
-
-
48 621
Employee
68 005
-
103 739
-
municipal
8 400
-
13 381
-
national
13 016
-
20 735
-
pensions
2 720
-
4 150
-
total
24 136
-
38 266
-
Employer
68 005
-
103 739
-
pensions
5 440
-
8 299
-
social contributions
731
-
1 115
-
total
6 171
-
9 414
-
Corporate
41 335
120 000
-
-
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%.

8 267
24 000
-
-
total
8 267
24 000
-
-
Dividends
33 068
96 000
-
-
withholding
7 275
21 120
-
-
total
7 275
21 120
-
-
Income
120 000
120 000
120 000
120 000
Total tax
45 849
45 120
47 680
48 621
After tax
74 151
74 880
72 320
71 379
Living cost
43 869
43 869
43 869
43 869
Free-cash
30 282
31 011
28 451
27 510

Estimated living cost  is ₽43869 per week

₽29817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
₽24146
₽34496
₽24146
₽32498
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
-
-
-
120 000
social contributions
-
-
-
11 295
income
-
-
-
33 057
total
-
-
-
44 352
Employee
70 721
-
120 000
-
social contributions
5 875
-
11 295
-
income
13 345
-
33 057
-
total
19 220
-
44 352
-
Employer
70 721
-
120 000
-
total
-
-
-
-
Corporate
49 279
120 000
-
-
income
6 159
15 000
-
-
total
6 159
15 000
-
-
Dividends
43 119
105 000
-
-
withholding
8 623
21 000
-
-
total
8 623
21 000
-
-
Income
120 000
120 000
120 000
120 000
Total tax
34 002
36 000
44 352
44 352
After tax
85 998
84 000
75 648
75 648
Living cost
51 502
51 502
51 502
51 502
Free-cash
34 496
32 498
24 146
24 146

Estimated living cost  is ₽51502 per week

₽39182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4197
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.
₽7631
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
₽21338
₽21156
₽15629
₽25875
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
-
-
-
120 000
national
-
-
-
27 558
regional
-
-
-
1 376
social contributions
-
-
-
30 864
municipal
-
-
-
714
total
-
-
-
60 512
Employee
80 351
-
120 000
-
municipal
425
-
637
-
national
13 923
-
23 910
-
social contributions
27 095
-
40 463
-
regional
758
-
1 211
-
total
42 201
-
66 221
-
Employer
80 351
-
120 000
-
total
-
-
-
-
Corporate
39 649
120 000
-
-
nationa
9 515
28 800
-
-
municipal
1 546
4 680
-
-
total
11 061
33 480
-
-
Dividends
28 587
86 520
-
-
withholding
7 432
22 495
-
-
total
7 432
22 495
-
-
Income
120 000
120 000
120 000
120 000
Total tax
60 694
55 975
66 221
60 512
After tax
59 306
64 025
53 779
59 488
Living cost
38 150
38 150
38 150
38 150
Free-cash
21 156
25 875
15 629
21 338

Estimated living cost  is ₽38150 per week

₽26594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
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.
₽8469
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
₽34700
₽36713
₽29020
₽38719
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
-
-
-
120 000
national
-
-
-
27 558
regional
-
-
-
1 809
social contributions
-
-
-
30 864
municipal
-
-
-
714
total
-
-
-
60 945
Employee
50 152
-
120 000
-
municipal
266
-
637
-
national
7 945
-
23 910
-
social contributions
16 912
-
40 463
-
regional
675
-
1 615
-
total
25 798
-
66 625
-
Employer
50 152
-
120 000
-
total
-
-
-
-
Corporate
69 848
120 000
-
-
nationa