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
₽ 120500
per

Your estimated
City
free-cash

Andorra , Andorra
₽62906
₽78235
₽66106
₽81274
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
-
-
-
120 500
social contributions
-
-
-
26 509
income
-
-
-
3 908
total
-
-
-
30 417
Employee
29 066
-
104 328
-
social contributions
1 889
-
6 780
-
income
-
-
4 265
-
total
1 889
-
11 045
-
Employer
29 066
-
104 328
-
social contributions
4 505
-
16 172
-
total
4 505
-
16 172
-
Corporate
86 928
120 500
-
-
income
8 694
12 049
-
-
total
8 694
12 049
-
-
Dividends
78 235
108 451
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
15 088
12 049
27 217
30 417
After tax
105 412
108 451
93 283
90 083
Living cost
27 177
27 177
27 177
27 177
Free-cash
78 235
81 274
66 106
62 906

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
₽32139
₽37846
₽3874
₽38294
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
-
-
-
120 500
surtax
-
-
-
-
unemployment
-
-
-
5 545
health
-
-
-
8 079
chamber of commerce
-
-
-
482
pensions
-
-
-
19 540
income
-
-
-
25 871
total
-
-
-
59 517
Employee
39 521
36 030
93 568
-
unemployment
1 186
1 081
2 807
-
other
395
360
935
-
income
3 521
2 658
21 373
-
pensions
4 047
3 689
9 582
-
health
1 529
1 395
3 622
-
total
10 678
9 183
38 319
-
Employer
39 521
36 030
93 568
-
pensions
4 960
4 523
11 742
-
surtax
-
-
-
-
payroll
1 186
1 081
2 807
-
other
1 877
1 711
4 445
-
health
1 494
1 362
3 536
-
accident
513
468
1 216
-
unemployment
1 186
1 081
2 807
-
chamber of commerce
158
144
374
-
total
11 374
10 370
26 927
-
Corporate
69 605
74 100
90 140
-
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.

17 401
18 525
22 536
-
total
17 401
18 525
22 536
-
Dividends
52 205
55 576
-
-
withholding
14 357
15 284
-
-
total
14 357
15 284
-
-
Income
120 500
120 500
120 500
120 500
Total tax
53 810
53 362
87 782
59 517
After tax
66 690
67 138
32 718
60 983
Living cost
28 844
28 844
28 844
28 844
Free-cash
37 846
38 294
3 874
32 139

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
₽28948
₽33790
₽829
₽35186
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
-
-
-
120 500
surtax
-
-
-
178
unemployment
-
-
-
5 545
health
-
-
-
8 079
chamber of commerce
-
-
-
482
pensions
-
-
-
19 540
income
-
-
-
25 871
total
-
-
-
59 695
Employee
45 183
36 030
93 431
-
unemployment
1 355
1 081
2 803
-
other
451
360
935
-
income
5 144
2 658
21 326
-
pensions
4 627
3 689
9 567
-
health
1 748
1 395
3 615
-
total
13 325
9 183
38 246
-
Employer
45 183
36 030
93 431
-
pensions
5 670
4 523
11 725
-
surtax
178
178
178
-
payroll
1 355
1 081
2 803
-
other
2 146
1 711
4 439
-
health
1 707
1 362
3 531
-
accident
587
468
1 215
-
unemployment
1 355
1 081
2 803
-
chamber of commerce
180
144
374
-
total
13 178
10 548
27 068
-
Corporate
62 137
73 922
90 000
-
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.

15 534
18 480
22 500
-
total
15 534
18 480
22 500
-
Dividends
46 603
55 442
-
-
withholding
12 816
15 246
-
-
total
12 816
15 246
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 853
53 457
87 814
59 695
After tax
65 647
67 043
32 686
60 805
Living cost
31 857
31 857
31 857
31 857
Free-cash
33 790
35 186
829
28 948

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
₽20564
₽20945
₽11623
₽34505
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
-
-
-
120 500
national
-
-
-
41 836
communal

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

-
-
-
6 087
social contributions
-
-
-
19 048
total
-
-
-
66 971
Employee

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

64 671
-
93 333
-
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
-
812
-
national
19 883
-
31 679
-
communal

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

3 373
-
4 867
-
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
-
7 000
-
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
-
4 387
-
total
31 708
-
48 745
-
Employer

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

64 671
-
93 333
-
surtax
7 333
-
10 583
-
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
-
8 270
-
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
-
5 739
-
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
-
1 213
-
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
-
1 362
-
total
18 825
-
27 167
-
Corporate
37 004
120 500
-
-
income
7 402
24 101
-
-
surtax
148
482
-
-
total
7 550
24 583
-
-
Dividends
29 455
95 917
-
-
withholding

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

8 507
28 447
-
-
total
8 507
28 447
-
-
Income
120 500
120 500
120 500
120 500
Total tax
66 590
53 030
75 912
66 971
After tax
53 910
67 470
44 588
53 529
Living cost
32 965
32 965
32 965
32 965
Free-cash
20 945
34 505
11 623
20 564

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
₽78377
₽81909
₽82681
₽87433
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
-
-
-
120 500
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
-
-
-
18 075
total
-
-
-
26 529
Employee
20 649
-
114 288
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
income
2 065
-
11 428
-
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
-
16 013
-
Employer
20 649
-
114 288
-
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
95 799
120 500
-
-
income
9 580
12 050
-
-
total
9 580
12 050
-
-
Dividends
86 219
108 450
-
-
withholding
4 311
5 423
-
-
total
4 311
5 423
-
-
Income
120 500
120 500
120 500
120 500
Total tax
22 997
17 473
22 225
26 529
After tax
97 503
103 027
98 275
93 971
Living cost
15 594
15 594
15 594
15 594
Free-cash
81 909
87 433
82 681
78 377

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
₽82085
₽86930
₽86389
₽91141
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
-
-
-
120 500
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
-
-
-
18 075
total
-
-
-
26 529
Employee
15 738
-
114 288
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
income
1 574
-
11 428
-
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
-
16 013
-
Employer
15 738
-
114 288
-
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
101 674
120 500
-
-
income
10 167
12 050
-
-
total
10 167
12 050
-
-
Dividends
91 507
108 450
-
-
withholding
4 576
5 423
-
-
total
4 576
5 423
-
-
Income
120 500
120 500
120 500
120 500
Total tax
21 684
17 473
22 225
26 529
After tax
98 816
103 027
98 275
93 971
Living cost
11 886
11 886
11 886
11 886
Free-cash
86 930
91 141
86 389
82 085

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
₽63362
₽62178
₽62109
₽67099
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
-
-
-
120 500
health
-
-
-
3 073
social contributions
-
-
-
14 628
income
-
-
-
18 504
total
-
-
-
36 205
Employee
69 521
69 521
110 671
-
income
7 570
6 436
17 965
-
social contributions
2 628
5 770
7 782
-
health
539
1 182
1 882
-
total
10 737
13 388
27 629
-
Employer
69 521
69 521
110 671
-
social contributions
2 628
5 770
7 782
-
health
585
1 287
2 047
-
total
3 213
7 057
9 829
-
Corporate
85 617
43 922
-
-
income
10 703
5 490
-
-
total
10 703
5 490
-
-
Dividends
74 914
38 432
-
-
withholding
12 736
6 533
-
-
total
12 736
6 533
-
-
Income
120 500
120 500
120 500
120 500
Total tax
37 389
32 468
37 458
36 205
After tax
83 111
88 032
83 042
84 295
Living cost
20 933
20 933
20 933
20 933
Free-cash
62 178
67 099
62 109
63 362

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
₽54970
₽54959
₽53717
₽58707
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
-
-
-
120 500
health
-
-
-
3 073
social contributions
-
-
-
14 628
income
-
-
-
18 504
total
-
-
-
36 205
Employee
69 521
69 521
110 671
-
income
7 300
6 436
17 965
-
social contributions
3 378
5 770
7 782
-
health
691
1 182
1 882
-
total
11 369
13 388
27 629
-
Employer
69 521
69 521
110 671
-
social contributions
3 378
5 770
7 782
-
health
753
1 287
2 047
-
total
4 131
7 057
9 829
-
Corporate
75 674
43 922
-
-
income
9 459
5 490
-
-
total
9 459
5 490
-
-
Dividends
66 215
38 432
-
-
withholding
11 257
6 533
-
-
total
11 257
6 533
-
-
Income
120 500
120 500
120 500
120 500
Total tax
36 216
32 468
37 458
36 205
After tax
84 284
88 032
83 042
84 295
Living cost
29 325
29 325
29 325
29 325
Free-cash
54 959
58 707
53 717
54 970

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
₽42219
₽54660
₽40288
₽62102
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
-
-
-
120 500
health
-
-
-
16 268
social contributions
-
-
-
30 019
income
-
-
-
11 132
solidarity contribution
-
-
-
-
total
-
-
-
57 419
Employee
30 679
-
89 925
-
income
3 681
-
10 791
-
social contributions
1 994
-
5 845
-
health
4 142
-
12 140
-
solidarity contribution
-
-
-
-
total
9 817
-
28 776
-
Employer
30 679
-
89 925
-
social contributions
7 670
-
22 481
-
health
2 761
-
8 093
-
total
10 431
-
30 574
-
Corporate
79 390
120 500
-
-
income
15 084
22 895
-
-
total
15 084
22 895
-
-
Dividends
64 306
97 605
-
-
withholding
9 646
14 641
-
-
total
9 646
14 641
-
-
Income
120 500
120 500
120 500
120 500
Total tax
44 978
37 536
59 350
57 419
After tax
75 522
82 964
61 150
63 081
Living cost
20 862
20 862
20 862
20 862
Free-cash
54 660
62 102
40 288
42 219

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
₽37374
₽48086
₽35443
₽57257
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
-
-
-
120 500
health
-
-
-
16 268
social contributions
-
-
-
30 019
income
-
-
-
11 132
solidarity contribution
-
-
-
-
total
-
-
-
57 419
Employee
37 805
-
89 925
-
income
4 537
-
10 791
-
social contributions
2 457
-
5 845
-
health
5 104
-
12 140
-
solidarity contribution
-
-
-
-
total
12 098
-
28 776
-
Employer
37 805
-
89 925
-
social contributions
9 451
-
22 481
-
health
3 402
-
8 093
-
total
12 853
-
30 574
-
Corporate
69 842
120 500
-
-
income
13 270
22 895
-
-
total
13 270
22 895
-
-
Dividends
56 572
97 605
-
-
withholding
8 486
14 641
-
-
total
8 486
14 641
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 707
37 536
59 350
57 419
After tax
73 793
82 964
61 150
63 081
Living cost
25 707
25 707
25 707
25 707
Free-cash
48 086
57 257
35 443
37 374

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
₽29666
-₽77056
-₽77056
-₽77056
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
-
-
-
120 500
national
-
-
-
12 867
pensions
-
-
-
786
municipal
-
-
-
23 936
labour market
-
-
-
9 577
total
-
-
-
47 166
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
120 500
120 500
120 500
120 500
Total tax
153 888
153 888
153 888
47 166
After tax
-33 388
-33 388
-33 388
73 334
Living cost
43 668
43 668
43 668
43 668
Free-cash
-77 056
-77 056
-77 056
29 666

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
₽42753
₽68946
₽47617
₽74562
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
-
-
-
120 500
health
-
-
-
15 664
pensions
-
-
-
24 099
income
-
-
-
16 147
total
-
-
-
55 910
Employee
25 648
-
90 058
-
unemployment
410
-
1 441
-
income
2 888
-
17 363
-
pensions
513
-
1 801
-
total
3 811
-
20 605
-
Employer
25 648
-
90 058
-
pensions
5 130
-
18 012
-
health
3 334
-
11 708
-
unemployment
206
-
721
-
total
8 670
-
30 441
-
Corporate
86 182
120 500
-
-
income
17 236
24 101
-
-
total
17 236
24 101
-
-
Dividends
68 946
96 399
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
29 717
24 101
51 046
55 910
After tax
90 783
96 399
69 454
64 590
Living cost
21 838
21 838
21 838
21 838
Free-cash
68 946
74 562
47 617
42 753

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
₽47486
₽43768
₽30965
₽43110
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

-
-
-
120 500
national
-
-
-
15 400
health
-
-
-
1 479
municipal
-
-
-
21 424
total
-
-
-
38 303
Employee
47 567
-
101 372
-
unemployment
714
-
1 520
-
municipal
7 791
-
16 529
-
national
786
-
9 620
-
pensions
3 210
-
6 842
-
health
355
-
1 184
-
total
12 856
-
35 695
-
Employer
47 567
-
101 372
-
pensions
8 253
-
17 588
-
health
365
-
781
-
accident
48
-
101
-
unemployment
309
-
659
-
total
8 975
-
19 129
-
Corporate
63 958
120 500
-
-
income
12 792
24 101
-
-
total
12 792
24 101
-
-
Dividends

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

38 374
72 300
-
-
municipal
6 907
13 014
-
-
national
491
5 564
-
-
total
7 398
18 578
-
-
Income
120 500
120 500
120 500
120 500
Total tax
42 021
42 679
54 824
38 303
After tax
78 479
77 821
65 676
82 197
Living cost
34 711
34 711
34 711
34 711
Free-cash
43 768
43 110
30 965
47 486

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
₽40665
₽37888
₽42693
₽32864
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
-
-
-
120 500
surtax
-
-
-
-
health
-
-
-
3 886
pensions
-
-
-
25 180
social contributions
-
-
-
3 433
income
-
-
-
15 733
other
-
-
-
3 735
total
-
-
-
51 967
Employee
34 540
-
95 536
-
income
1 781
-
16 551
-
surtax
-
-
-
-
social contributions
985
-
2 723
-
pensions
3 907
-
5 700
-
total
6 673
-
24 974
-
Employer
34 540
-
95 536
-
pensions
5 676
-
9 763
-
social contributions
103
-
287
-
other
1 192
-
3 324
-
health
2 417
-
7 722
-
unemployment
1 398
-
3 869
-
total
10 786
-
24 965
-
Corporate
75 173
120 500
-
-
income
21 048
33 739
-
-
surtax
-
-
-
-
total
21 048
33 739
-
-
Dividends
54 125
86 761
-
-
withholding
6 928
11 106
-
-
social contributions
9 309
14 923
-
-
surtax
-
-
-
-
total
16 237
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 744
59 768
49 939
51 967
After tax
65 756
60 732
70 561
68 533
Living cost
27 868
27 868
27 868
27 868
Free-cash
37 888
32 864
42 693
40 665

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
₽37601
₽35143
₽39629
₽29800
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
-
-
-
120 500
surtax
-
-
-
-
health
-
-
-
3 886
pensions
-
-
-
25 180
social contributions
-
-
-
3 433
income
-
-
-
15 733
other
-
-
-
3 735
total
-
-
-
51 967
Employee
38 694
-
95 536
-
income
2 284
-
16 551
-
surtax
-
-
-
-
social contributions
1 103
-
2 723
-
pensions
4 375
-
5 700
-
total
7 762
-
24 974
-
Employer
38 694
-
95 536
-
pensions
6 357
-
9 763
-
social contributions
117
-
287
-
other
1 335
-
3 324
-
health
2 709
-
7 722
-
unemployment
1 566
-
3 869
-
total
12 084
-
24 965
-
Corporate
69 722
120 500
-
-
income
19 521
33 739
-
-
surtax
-
-
-
-
total
19 521
33 739
-
-
Dividends
50 201
86 761
-
-
withholding
6 425
11 106
-
-
social contributions
8 633
14 923
-
-
surtax
-
-
-
-
total
15 058
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 425
59 768
49 939
51 967
After tax
66 075
60 732
70 561
68 533
Living cost
30 932
30 932
30 932
30 932
Free-cash
35 143
29 800
39 629
37 601

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
₽24866
₽23279
₽26894
₽17065
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
-
-
-
120 500
surtax
-
-
-
-
health
-
-
-
3 886
pensions
-
-
-
25 180
social contributions
-
-
-
3 433
income
-
-
-
15 733
other
-
-
-
3 735
total
-
-
-
51 967
Employee
56 626
-
95 536
-
income
4 941
-
16 551
-
surtax
-
-
-
-
social contributions
1 613
-
2 723
-
pensions
6 405
-
5 700
-
total
12 959
-
24 974
-
Employer
56 626
-
95 536
-
pensions
9 304
-
9 763
-
social contributions
170
-
287
-
other
1 954
-
3 324
-
health
3 963
-
7 722
-
unemployment
2 294
-
3 869
-
total
17 685
-
24 965
-
Corporate
46 189
120 500
-
-
income
12 933
33 739
-
-
surtax
-
-
-
-
total
12 933
33 739
-
-
Dividends
33 255
86 761
-
-
withholding
4 257
11 106
-
-
social contributions
5 720
14 923
-
-
surtax
-
-
-
-
total
9 977
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
53 554
59 768
49 939
51 967
After tax
66 946
60 732
70 561
68 533
Living cost
43 667
43 667
43 667
43 667
Free-cash
23 279
17 065
26 894
24 866

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
₽113455
₽107540
₽90560
₽108635
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%.

-
-
-
120 500
microenterprise

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

-
-
-
1 205
total
-
-
-
1 205
Employee
7 300
-
120 500
-
income
1 460
-
24 100
-
total
1 460
-
24 100
-
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%.

113 200
120 500
-
-
total
-
-
-
-
Dividends
113 200
120 500
-
-
withholding
5 660
6 025
-
-
total
5 660
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 120
6 025
24 100
1 205
After tax
113 380
114 475
96 400
119 295
Living cost
5 840
5 840
5 840
5 840
Free-cash
107 540
108 635
90 560
113 455

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
₽110195
₽103669
₽87300
₽105375
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%.

-
-
-
120 500
microenterprise

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

-
-
-
1 205
total
-
-
-
1 205
Employee
11 376
-
120 500
-
income
2 275
-
24 100
-
total
2 275
-
24 100
-
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%.

109 124
120 500
-
-
total
-
-
-
-
Dividends
109 124
120 500
-
-
withholding
5 456
6 025
-
-
total
5 456
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 731
6 025
24 100
1 205
After tax
112 769
114 475
96 400
119 295
Living cost
9 100
9 100
9 100
9 100
Free-cash
103 669
105 375
87 300
110 195

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
₽33396
₽39000
₽44656
₽27175
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.

-
-
-
120 500
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.

-
-
-
1 812
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.

-
-
-
32 950
trade
-
-
-
11 260
total
-
-
-
52 199
Employee

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

44 985
-
120 500
-
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
-
32 950
-
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
-
1 812
-
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
-
40 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 515
120 500
-
-
trade
10 836
17 291
-
-
income
11 327
18 075
-
-
chamber of commerce
249
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.

623
993
-
-
total
23 035
36 673
-
-
Dividends
52 480
83 827
-
-
withholding
12 777
20 613
-
-
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.

703
1 134
-
-
total
13 480
21 747
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 595
58 420
40 939
52 199
After tax
73 905
62 080
79 561
68 301
Living cost
34 905
34 905
34 905
34 905
Free-cash
39 000
27 175
44 656
33 396

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
₽39818
₽43455
₽52176
₽33455
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.

-
-
-
120 500
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.

-
-
-
1 812
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.

-
-
-
32 950
trade
-
-
-
12 358
total
-
-
-
53 297
Employee

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

34 580
-
120 500
-
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
-
32 950
-
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
-
1 812
-
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
-
40 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 920
120 500
-
-
trade
13 532
18 979
-
-
income
12 888
18 075
-
-
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.

709
993
-
-
total
27 390
38 358
-
-
Dividends
58 530
82 142
-
-
withholding
14 288
20 192
-
-
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.

786
1 110
-
-
total
15 074
21 302
-
-
Income
120 500
120 500
120 500
120 500
Total tax
49 660
59 660
40 939
53 297
After tax
70 840
60 840
79 561
67 203
Living cost
27 385
27 385
27 385
27 385
Free-cash
43 455
33 455
52 176
39 818

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
₽31137
₽37406
₽44044
₽24703
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.

-
-
-
120 500
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.

-
-
-
1 812
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.

-
-
-
32 950
trade
-
-
-
12 907
total
-
-
-
53 846
Employee

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

45 849
-
120 500
-
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
-
32 950
-
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
-
1 812
-
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
-
40 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 651
120 500
-
-
trade
12 279
19 822
-
-
income
11 198
18 075
-
-
chamber of commerce
244
309
-
-
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.

616
993
-
-
total
24 337
39 199
-
-
Dividends
50 314
81 301
-
-
withholding
12 235
19 981
-
-
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.

673
1 100
-
-
total
12 908
21 081
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 577
60 280
40 939
53 846
After tax
72 923
60 220
79 561
66 654
Living cost
35 517
35 517
35 517
35 517
Free-cash
37 406
24 703
44 044
31 137

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
₽24687
₽32842
₽38143
₽18181
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.

-
-
-
120 500
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.

-
-
-
1 812
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.

-
-
-
32 950
trade
-
-
-
13 456
total
-
-
-
54 395
Employee

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

54 335
-
120 500
-
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
-
32 950
-
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
-
1 812
-
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
-
40 939
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 165
120 500
-
-
trade
11 348
20 666
-
-
income
9 925
18 075
-
-
chamber of commerce
230
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.

546
993
-
-
total
22 049
40 041
-
-
Dividends
44 116
80 459
-
-
withholding
10 685
19 772
-
-
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.

588
1 088
-
-
total
11 273
20 860
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 240
60 901
40 939
54 395
After tax
74 260
59 599
79 561
66 105
Living cost
41 418
41 418
41 418
41 418
Free-cash
32 842
18 181
38 143
24 687

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
₽36888
₽52613
₽34897
₽55486
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
-
-
-
120 500
surtax
-
-
-
3 701
unemployment
-
-
-
206
health
-
-
-
8 556
pensions
-
-
-
24 101
income
-
-
-
26 741
other
-
-
-
-
total
-
-
-
63 305
Employee
30 447
-
99 546
-
unemployment
2 119
-
6 928
-
other
-
-
-
-
income
5 104
-
24 852
-
surtax
108
-
3 385
-
pensions
2 031
-
6 640
-
health
777
-
2 538
-
total
10 139
-
44 343
-
Employer
30 447
-
99 546
-
pensions
4 059
-
13 269
-
other
-
-
-
-
health
1 385
-
4 529
-
unemployment
966
-
3 155
-
total
6 410
-
20 953
-
Corporate
83 643
120 500
-
-
income
21 747
31 331
-
-
total
21 747
31 331
-
-
Dividends
61 896
89 169
-
-
withholding
9 284
13 376
-
-
total
9 284
13 376
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 580
44 707
65 296
63 305
After tax
72 920
75 793
55 204
57 195
Living cost
20 307
20 307
20 307
20 307
Free-cash
52 613
55 486
34 897
36 888

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
₽37244
₽53030
₽35253
₽55842
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
-
-
-
120 500
surtax
-
-
-
3 701
unemployment
-
-
-
206
health
-
-
-
8 556
pensions
-
-
-
24 101
income
-
-
-
26 741
other
-
-
-
-
total
-
-
-
63 305
Employee
29 898
-
99 546
-
unemployment
2 081
-
6 928
-
other
-
-
-
-
income
5 012
-
24 852
-
surtax
98
-
3 385
-
pensions
1 994
-
6 640
-
health
763
-
2 538
-
total
9 948
-
44 343
-
Employer
29 898
-
99 546
-
pensions
3 986
-
13 269
-
other
-
-
-
-
health
1 361
-
4 529
-
unemployment
947
-
3 155
-
total
6 294
-
20 953
-
Corporate
84 308
120 500
-
-
income
21 920
31 331
-
-
total
21 920
31 331
-
-
Dividends
62 389
89 169
-
-
withholding
9 357
13 376
-
-
total
9 357
13 376
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 519
44 707
65 296
63 305
After tax
72 981
75 793
55 204
57 195
Living cost
19 951
19 951
19 951
19 951
Free-cash
53 030
55 842
35 253
37 244

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
₽65544
₽50245
₽51922
₽49870
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
-
-
-
120 500
unemployment
-
-
-
1 808
health
-
-
-
8 435
pensions
-
-
-
12 050
income
-
-
-
14 731
total
-
-
-
37 024
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
100 837
-
unemployment
388
155
1 513
-
income
3 164
1 259
12 327
-
pensions
2 588
1 030
10 084
-
health
1 812
721
7 059
-
total
7 952
3 165
30 983
-
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
100 837
-
pensions
5 048
2 009
19 663
-
total
5 048
2 009
19 663
-
Corporate
89 568
108 189
-
-
income
8 061
9 737
-
-
total
8 061
9 737
-
-
Dividends
81 507
98 452
-
-
withholding
15 486
18 706
-
-
social contributions
15 776
19 081
-
-
total
31 262
37 787
-
-
Income
120 500
120 500
120 500
120 500
Total tax
52 323
52 698
50 646
37 024
After tax
68 177
67 802
69 854
83 476
Living cost
17 932
17 932
17 932
17 932
Free-cash
50 245
49 870
51 922
65 544

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
₽27796
₽30594
₽28741
₽31323
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
-
-
-
120 500
national
-
-
-
20 105
pensions
-
-
-
14 460
social contributions
-
-
-
1 295
municipal
-
-
-
12 975
total
-
-
-
48 835
Employee
68 005
-
104 171
-
municipal
8 400
-
13 441
-
national
13 016
-
20 828
-
pensions
2 720
-
4 167
-
total
24 136
-
38 436
-
Employer
68 005
-
104 171
-
pensions
5 440
-
8 334
-
social contributions
731
-
1 120
-
total
6 171
-
9 454
-
Corporate
41 835
120 500
-
-
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%.

8 367
24 100
-
-
total
8 367
24 100
-
-
Dividends
33 468
96 400
-
-
withholding
7 363
21 208
-
-
total
7 363
21 208
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 037
45 308
47 890
48 835
After tax
74 463
75 192
72 610
71 665
Living cost
43 869
43 869
43 869
43 869
Free-cash
30 594
31 323
28 741
27 796

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
₽16536
₽34844
₽16536
₽32848
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
-
-
-
120 500
social contributions
-
-
-
19 206
income
-
-
-
33 256
total
-
-
-
52 462
Employee
70 721
-
120 500
-
social contributions
5 875
-
19 206
-
income
13 345
-
33 256
-
total
19 220
-
52 462
-
Employer
70 721
-
120 500
-
total
-
-
-
-
Corporate
49 779
120 500
-
-
income
6 223
15 062
-
-
total
6 223
15 062
-
-
Dividends
43 556
105 438
-
-
withholding
8 711
21 088
-
-
total
8 711
21 088
-
-
Income
120 500
120 500
120 500
120 500
Total tax
34 154
36 150
52 462
52 462
After tax
86 346
84 350
68 038
68 038
Living cost
51 502
51 502
51 502
51 502
Free-cash
34 844
32 848
16 536
16 536

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
₽21561
₽21421
₽15828
₽26142
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
-
-
-
120 500
national
-
-
-
27 698
regional
-
-
-
1 383
social contributions
-
-
-
30 993
municipal
-
-
-
715
total
-
-
-
60 789
Employee
80 351
-
120 500
-
municipal
425
-
638
-
national
13 923
-
24 035
-
social contributions
27 095
-
40 633
-
regional
758
-
1 216
-
total
42 201
-
66 522
-
Employer
80 351
-
120 500
-
total
-
-
-
-
Corporate
40 149
120 500
-
-
nationa
9 635
28 920
-
-
municipal
1 566
4 699
-
-
total
11 201
33 619
-
-
Dividends
28 947
86 881
-
-
withholding
7 527
22 589
-
-
total
7 527
22 589
-
-
Income
120 500
120 500
120 500
120 500
Total tax
60 929
56 208
66 522
60 789
After tax
59 571
64 292
53 978
59 711
Living cost
38 150
38 150
38 150
38 150
Free-cash
21 421
26 142
15 828
21 561

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
₽34921
₽36975
₽29217
₽38982
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
-
-
-
120 500
national
-
-
-
27 698
regional
-
-
-
1 818
social contributions
-
-
-
30 993
municipal
-
-
-
715
total
-
-
-
61 224
Employee
50 152
-
120 500
-
municipal
266
-
638
-
national
7 945
-
24 035
-
social contributions
16 912
-
40 633
-
regional
675
-
1 622
-
total
25 798
-
66 928
-
Employer
50 152
-
120 500
-
total
-
-
-
-
Corporate
70 348
120 500
-
-
nationa