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
₽83511
₽67892
₽64690
₽80722
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
-
-
-
4 361
total
-
-
-
30 870
Employee
26 673
-
104 329
-
social contributions
1 733
-
6 781
-
income
-
-
4 717
-
total
1 733
-
11 498
-
Employer
26 673
-
104 329
-
social contributions
4 135
-
16 170
-
total
4 135
-
16 170
-
Corporate
89 692
120 500
-
-
income
8 970
12 049
-
-
total
8 970
12 049
-
-
Dividends
80 723
108 451
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
14 838
12 049
27 668
30 870
After tax
105 662
108 451
92 832
89 630
Living cost
24 940
24 940
24 940
24 940
Free-cash
80 722
83 511
67 892
64 690

Estimated living cost  is ₽24940 per week

₽16126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
₽40537
₽5288
₽35206
₽40127
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
chamber of commerce
-
-
-
482
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
27 909
surtax
-
-
-
-
total
-
-
-
58 825
Employee
36 267
33 064
93 569
-
health
1 403
1 280
3 621
-
pensions
3 714
3 385
9 582
-
other
362
331
935
-
unemployment
1 088
992
2 807
-
income
3 231
2 439
22 263
-
total
9 798
8 427
39 208
-
Employer
36 267
33 064
93 569
-
pensions
4 552
4 150
11 742
-
accident
471
430
1 217
-
unemployment
1 088
992
2 807
-
surtax
-
-
-
-
payroll
1 088
992
2 807
-
chamber of commerce
145
132
375
-
health
1 371
1 250
3 536
-
other
1 722
1 570
4 445
-
total
10 437
9 516
26 929
-
Corporate
73 796
77 920
90 422
-
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.

18 449
19 481
22 606
-
total
18 449
19 481
22 606
-
Dividends
55 346
58 440
-
-
withholding
15 220
16 070
-
-
total
15 220
16 070
-
-
Income
120 500
120 500
120 500
120 500
Total tax
53 904
53 494
88 743
58 825
After tax
66 596
67 006
31 757
61 675
Living cost
26 469
26 469
26 469
26 469
Free-cash
40 127
40 537
5 288
35 206

Estimated living cost  is ₽26469 per week

₽15878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
₽37682
₽2494
₽32277
₽36401
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
chamber of commerce
-
-
-
482
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
27 909
surtax
-
-
-
164
total
-
-
-
58 989
Employee
41 463
33 064
93 441
-
health
1 604
1 280
3 617
-
pensions
4 246
3 385
9 568
-
other
414
331
934
-
unemployment
1 244
992
2 803
-
income
4 720
2 439
22 220
-
total
12 228
8 427
39 142
-
Employer
41 463
33 064
93 441
-
pensions
5 204
4 150
11 727
-
accident
538
430
1 215
-
unemployment
1 244
992
2 803
-
surtax
164
164
164
-
payroll
1 244
992
2 803
-
chamber of commerce
165
132
373
-
health
1 567
1 250
3 532
-
other
1 970
1 570
4 438
-
total
12 096
9 680
27 055
-
Corporate
66 942
77 757
90 297
-
income

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

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

16 735
19 440
22 575
-
total
16 735
19 440
22 575
-
Dividends
50 207
58 317
-
-
withholding
13 806
16 037
-
-
total
13 806
16 037
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 865
53 584
88 772
58 989
After tax
65 635
66 916
31 728
61 511
Living cost
29 234
29 234
29 234
29 234
Free-cash
36 401
37 682
2 494
32 277

Estimated living cost  is ₽29234 per week

₽19498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
₽37195
₽13606
₽22619
₽24751
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
-
-
-
18 884
communal

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

-
-
-
6 096
national
-
-
-
42 650
total
-
-
-
67 630
Employee

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

59 347
-
93 331
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 788
-
4 386
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 451
-
7 000
-
communal

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

3 095
-
4 868
-
national
18 246
-
32 409
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

516
-
812
-
total
29 096
-
49 475
-
Employer

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

59 347
-
93 331
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

771
-
1 214
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

866
-
1 362
-
surtax
6 729
-
10 583
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 650
-
5 740
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 259
-
8 269
-
total
17 275
-
27 168
-
Corporate
43 878
120 500
-
-
surtax
175
482
-
-
income
8 776
24 100
-
-
total
8 951
24 582
-
-
Dividends
34 927
95 918
-
-
withholding

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

10 176
28 472
-
-
total
10 176
28 472
-
-
Income
120 500
120 500
120 500
120 500
Total tax
65 498
53 054
76 643
67 630
After tax
55 002
67 446
43 857
52 870
Living cost
30 251
30 251
30 251
30 251
Free-cash
24 751
37 195
13 606
22 619

Estimated living cost  is ₽30251 per week

₽19485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₽88765
₽84878
₽80429
₽83711
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
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 075
total
-
-
-
25 808
Employee
18 887
-
114 818
-
accident

We are using the highest rate at 1.1%.

208
-
319
-
health
869
-
1 332
-
pensions

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

1 658
-
2 543
-
income
1 889
-
11 482
-
total
4 624
-
15 676
-
Employer
18 887
-
114 818
-
accident

We are using the highest rate at 1.1%.

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

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

2 081
-
3 192
-
total
3 705
-
5 683
-
Corporate
97 907
120 500
-
-
income
9 791
12 050
-
-
total
9 791
12 050
-
-
Dividends
88 116
108 450
-
-
withholding
4 406
5 422
-
-
total
4 406
5 422
-
-
Income
120 500
120 500
120 500
120 500
Total tax
22 526
17 472
21 359
25 808
After tax
97 974
103 028
99 141
94 692
Living cost
14 263
14 263
14 263
14 263
Free-cash
83 711
88 765
84 878
80 429

Estimated living cost  is ₽14263 per week

₽9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽92157
₽88270
₽83821
₽88305
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
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 075
total
-
-
-
25 808
Employee
14 395
-
114 818
-
accident

We are using the highest rate at 1.1%.

158
-
319
-
health
662
-
1 332
-
pensions

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

1 264
-
2 543
-
income
1 439
-
11 482
-
total
3 523
-
15 676
-
Employer
14 395
-
114 818
-
accident

We are using the highest rate at 1.1%.

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

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

1 587
-
3 192
-
total
2 825
-
5 683
-
Corporate
103 280
120 500
-
-
income
10 328
12 050
-
-
total
10 328
12 050
-
-
Dividends
92 952
108 450
-
-
withholding
4 648
5 422
-
-
total
4 648
5 422
-
-
Income
120 500
120 500
120 500
120 500
Total tax
21 324
17 472
21 359
25 808
After tax
99 176
103 028
99 141
94 692
Living cost
10 871
10 871
10 871
10 871
Free-cash
88 305
92 157
88 270
83 821

Estimated living cost  is ₽10871 per week

₽6347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₽68779
₽63308
₽64436
₽64266
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
-
-
-
13 424
health
-
-
-
3 073
income
-
-
-
20 358
total
-
-
-
36 855
Employee
63 798
63 798
111 299
-
health
494
1 085
1 892
-
social contributions
2 412
5 295
7 142
-
income
6 947
5 906
19 748
-
total
9 853
12 286
28 782
-
Employer
63 798
63 798
111 299
-
social contributions
2 412
5 295
7 142
-
health
537
1 181
2 059
-
total
2 949
6 476
9 201
-
Corporate
88 489
50 227
-
-
income
11 061
6 279
-
-
total
11 061
6 279
-
-
Dividends
77 428
43 948
-
-
withholding
13 162
7 471
-
-
total
13 162
7 471
-
-
Income
120 500
120 500
120 500
120 500
Total tax
37 025
32 512
37 983
36 855
After tax
83 475
87 988
82 517
83 645
Living cost
19 209
19 209
19 209
19 209
Free-cash
64 266
68 779
63 308
64 436

Estimated living cost  is ₽19209 per week

₽11512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽61078
₽55607
₽56735
₽57639
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
-
-
-
13 424
health
-
-
-
3 073
income
-
-
-
20 358
total
-
-
-
36 855
Employee
63 798
63 798
111 299
-
health
635
1 085
1 892
-
social contributions
3 100
5 295
7 142
-
income
6 699
5 906
19 748
-
total
10 434
12 286
28 782
-
Employer
63 798
63 798
111 299
-
social contributions
3 100
5 295
7 142
-
health
691
1 181
2 059
-
total
3 791
6 476
9 201
-
Corporate
79 364
50 227
-
-
income
9 921
6 279
-
-
total
9 921
6 279
-
-
Dividends
69 444
43 948
-
-
withholding
11 805
7 471
-
-
total
11 805
7 471
-
-
Income
120 500
120 500
120 500
120 500
Total tax
35 951
32 512
37 983
36 855
After tax
84 549
87 988
82 517
83 645
Living cost
26 910
26 910
26 910
26 910
Free-cash
57 639
61 078
55 607
56 735

Estimated living cost  is ₽26910 per week

₽18396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₽63441
₽41627
₽45196
₽56477
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
-
-
-
28 093
health
-
-
-
16 267
solidarity contribution
-
-
-
-
income
-
-
-
11 421
total
-
-
-
55 781
Employee
28 710
-
89 925
-
health
3 876
-
12 140
-
social contributions
1 866
-
5 845
-
solidarity contribution
-
-
-
-
income
3 445
-
10 791
-
total
9 187
-
28 776
-
Employer
28 710
-
89 925
-
social contributions
7 178
-
22 481
-
health
2 584
-
8 093
-
total
9 762
-
30 574
-
Corporate
82 028
120 500
-
-
income
15 585
22 895
-
-
total
15 585
22 895
-
-
Dividends
66 443
97 605
-
-
withholding
9 966
14 641
-
-
total
9 966
14 641
-
-
Income
120 500
120 500
120 500
120 500
Total tax
44 500
37 536
59 350
55 781
After tax
76 000
82 964
61 150
64 719
Living cost
19 523
19 523
19 523
19 523
Free-cash
56 477
63 441
41 627
45 196

Estimated living cost  is ₽19523 per week

₽13561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽58907
₽37093
₽40662
₽50324
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
-
-
-
28 093
health
-
-
-
16 267
solidarity contribution
-
-
-
-
income
-
-
-
11 421
total
-
-
-
55 781
Employee
35 378
-
89 925
-
health
4 776
-
12 140
-
social contributions
2 300
-
5 845
-
solidarity contribution
-
-
-
-
income
4 245
-
10 791
-
total
11 321
-
28 776
-
Employer
35 378
-
89 925
-
social contributions
8 845
-
22 481
-
health
3 184
-
8 093
-
total
12 029
-
30 574
-
Corporate
73 093
120 500
-
-
income
13 888
22 895
-
-
total
13 888
22 895
-
-
Dividends
59 205
97 605
-
-
withholding
8 881
14 641
-
-
total
8 881
14 641
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 119
37 536
59 350
55 781
After tax
74 381
82 964
61 150
64 719
Living cost
24 057
24 057
24 057
24 057
Free-cash
50 324
58 907
37 093
40 662

Estimated living cost  is ₽24057 per week

₽17891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-₽60754
-₽60754
₽32508
-₽60754
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
labour market
-
-
-
9 582
municipal
-
-
-
24 328
pensions
-
-
-
721
national
-
-
-
13 296
total
-
-
-
47 927
Employee
169 104
169 104
169 104
-
municipal
36 010
36 010
36 010
-
pensions
240
240
240
-
national
20 659
20 659
20 659
-
labour market
13 509
13 509
13 509
-
total
70 418
70 418
70 418
-
Employer
169 104
169 104
169 104
-
labour market
13 528
13 528
13 528
-
national
20 695
20 695
20 695
-
municipal
36 067
36 067
36 067
-
pensions
481
481
481
-
total
70 771
70 771
70 771
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
141 189
141 189
141 189
47 927
After tax
-20 689
-20 689
-20 689
72 573
Living cost
40 065
40 065
40 065
40 065
Free-cash
-60 754
-60 754
-60 754
32 508

Estimated living cost  is ₽40065 per week

₽27421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₽76360
₽49414
₽44549
₽71206
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
-
-
-
16 148
total
-
-
-
55 911
Employee
23 536
-
90 059
-
pensions
471
-
1 801
-
unemployment
376
-
1 441
-
income
2 650
-
17 363
-
total
3 497
-
20 605
-
Employer
23 536
-
90 059
-
pensions
4 708
-
18 012
-
unemployment
189
-
721
-
health
3 059
-
11 708
-
total
7 956
-
30 441
-
Corporate
89 008
120 500
-
-
income
17 801
24 100
-
-
total
17 801
24 100
-
-
Dividends
71 207
96 400
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
29 254
24 100
51 046
55 911
After tax
91 246
96 400
69 454
64 589
Living cost
20 040
20 040
20 040
20 040
Free-cash
71 206
76 360
49 414
44 549

Estimated living cost  is ₽20040 per week

₽13745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₽45248
₽32991
₽49511
₽46672
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
health
-
-
-
1 510
municipal
-
-
-
21 419
national
-
-
-
16 207
total
-
-
-
39 136
Employee
43 651
-
101 370
-
health
326
-
1 215
-
municipal
7 150
-
16 522
-
pensions
2 946
-
6 843
-
national
721
-
10 427
-
unemployment
655
-
1 521
-
total
11 798
-
36 528
-
Employer
43 651
-
101 370
-
accident
44
-
101
-
unemployment
283
-
658
-
health
335
-
781
-
pensions
7 573
-
17 588
-
total
8 235
-
19 128
-
Corporate
68 613
120 500
-
-
income
13 723
24 100
-
-
total
13 723
24 100
-
-
Dividends

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

41 168
72 300
-
-
municipal
7 411
13 014
-
-
national
808
6 285
-
-
total
8 219
19 299
-
-
Income
120 500
120 500
120 500
120 500
Total tax
41 975
43 399
55 656
39 136
After tax
78 525
77 101
64 844
81 364
Living cost
31 853
31 853
31 853
31 853
Free-cash
46 672
45 248
32 991
49 511

Estimated living cost  is ₽31853 per week

₽20806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
₽35157
₽43517
₽42747
₽39771
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
-
-
-
3 434
health
-
-
-
4 295
pensions
-
-
-
23 930
other
-
-
-
3 736
income
-
-
-
16 785
surtax
-
-
-
-
total
-
-
-
52 180
Employee
31 696
-
94 803
-
income
1 634
-
17 060
-
social contributions
904
-
2 702
-
pensions
3 585
-
5 951
-
surtax
-
-
-
-
total
6 123
-
25 713
-
Employer
31 696
-
94 803
-
pensions
5 208
-
10 134
-
social contributions
94
-
285
-
unemployment
1 283
-
3 840
-
health
2 218
-
8 013
-
other
1 094
-
3 425
-
total
9 897
-
25 697
-
Corporate
78 905
120 500
-
-
surtax
-
-
-
-
income
22 093
33 741
-
-
total
22 093
33 741
-
-
Dividends
56 812
86 759
-
-
surtax
-
-
-
-
withholding
7 272
11 105
-
-
social contributions
9 771
14 924
-
-
total
17 043
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
55 156
59 770
51 410
52 180
After tax
65 344
60 730
69 090
68 320
Living cost
25 573
25 573
25 573
25 573
Free-cash
39 771
35 157
43 517
42 747

Estimated living cost  is ₽25573 per week

₽14831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽32344
₽40704
₽39934
₽37247
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
-
-
-
3 434
health
-
-
-
4 295
pensions
-
-
-
23 930
other
-
-
-
3 736
income
-
-
-
16 785
surtax
-
-
-
-
total
-
-
-
52 180
Employee
35 509
-
94 803
-
income
2 096
-
17 060
-
social contributions
1 012
-
2 702
-
pensions
4 015
-
5 951
-
surtax
-
-
-
-
total
7 123
-
25 713
-
Employer
35 509
-
94 803
-
pensions
5 833
-
10 134
-
social contributions
107
-
285
-
unemployment
1 437
-
3 840
-
health
2 486
-
8 013
-
other
1 225
-
3 425
-
total
11 088
-
25 697
-
Corporate
73 902
120 500
-
-
surtax
-
-
-
-
income
20 693
33 741
-
-
total
20 693
33 741
-
-
Dividends
53 209
86 759
-
-
surtax
-
-
-
-
withholding
6 811
11 105
-
-
social contributions
9 152
14 924
-
-
total
15 963
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 867
59 770
51 410
52 180
After tax
65 633
60 730
69 090
68 320
Living cost
28 386
28 386
28 386
28 386
Free-cash
37 247
32 344
40 704
39 934

Estimated living cost  is ₽28386 per week

₽17898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₽20658
₽29018
₽28248
₽26362
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
-
-
-
3 434
health
-
-
-
4 295
pensions
-
-
-
23 930
other
-
-
-
3 736
income
-
-
-
16 785
surtax
-
-
-
-
total
-
-
-
52 180
Employee
51 964
-
94 803
-
income
4 534
-
17 060
-
social contributions
1 480
-
2 702
-
pensions
5 877
-
5 951
-
surtax
-
-
-
-
total
11 891
-
25 713
-
Employer
51 964
-
94 803
-
pensions
8 538
-
10 134
-
social contributions
156
-
285
-
unemployment
2 105
-
3 840
-
health
3 637
-
8 013
-
other
1 793
-
3 425
-
total
16 229
-
25 697
-
Corporate
52 307
120 500
-
-
surtax
-
-
-
-
income
14 646
33 741
-
-
total
14 646
33 741
-
-
Dividends
37 661
86 759
-
-
surtax
-
-
-
-
withholding
4 821
11 105
-
-
social contributions
6 479
14 924
-
-
total
11 300
26 029
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 066
59 770
51 410
52 180
After tax
66 434
60 730
69 090
68 320
Living cost
40 072
40 072
40 072
40 072
Free-cash
26 362
20 658
29 018
28 248

Estimated living cost  is ₽40072 per week

₽27120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽108618
₽90543
₽113438
₽107520
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
7 321
-
120 500
-
income
1 464
-
24 100
-
total
1 464
-
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%.

113 179
120 500
-
-
total
-
-
-
-
Dividends
113 179
120 500
-
-
withholding
5 659
6 025
-
-
total
5 659
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 123
6 025
24 100
1 205
After tax
113 377
114 475
96 400
119 295
Living cost
5 857
5 857
5 857
5 857
Free-cash
107 520
108 618
90 543
113 438

Estimated living cost  is ₽5857 per week

₽3630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽161
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
₽105348
₽87273
₽110168
₽103637
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
11 409
-
120 500
-
income
2 282
-
24 100
-
total
2 282
-
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%.

109 091
120 500
-
-
total
-
-
-
-
Dividends
109 091
120 500
-
-
withholding
5 454
6 025
-
-
total
5 454
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 736
6 025
24 100
1 205
After tax
112 764
114 475
96 400
119 295
Living cost
9 127
9 127
9 127
9 127
Free-cash
103 637
105 348
87 273
110 168

Estimated living cost  is ₽9127 per week

₽6176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
₽30028
₽46504
₽34748
₽40882
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
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 668
trade
-
-
-
11 756
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.

-
-
-
34 405
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.

-
-
-
1 892
total
-
-
-
53 721
Employee

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

41 281
-
120 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 668
-
5 668
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

187
-
1 892
-
income

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

3 395
-
34 405
-
total
9 250
-
41 965
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 219
120 500
-
-
trade
11 368
17 292
-
-
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.

653
993
-
-
chamber of commerce
242
302
-
-
income
11 882
18 075
-
-
total
24 145
36 662
-
-
Dividends
55 073
83 837
-
-
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.

740
1 135
-
-
withholding
13 452
20 644
-
-
total
14 192
21 779
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 587
58 441
41 965
53 721
After tax
72 913
62 059
78 535
66 779
Living cost
32 031
32 031
32 031
32 031
Free-cash
40 882
30 028
46 504
34 748

Estimated living cost  is ₽32031 per week

₽22096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dresden , Germany
₽35689
₽53405
₽40502
₽44866
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
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 668
trade
-
-
-
12 903
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.

-
-
-
34 405
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.

-
-
-
1 892
total
-
-
-
54 868
Employee

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

31 733
-
120 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 668
-
5 668
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

49
-
1 892
-
income

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

886
-
34 405
-
total
6 603
-
41 965
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 767
120 500
-
-
trade
13 981
18 978
-
-
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.

732
993
-
-
chamber of commerce
253
299
-
-
income
13 315
18 075
-
-
total
28 281
38 345
-
-
Dividends
60 485
82 154
-
-
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.

814
1 112
-
-
withholding
14 806
20 224
-
-
total
15 620
21 336
-
-
Income
120 500
120 500
120 500
120 500
Total tax
50 504
59 681
41 965
54 868
After tax
69 996
60 819
78 535
65 632
Living cost
25 130
25 130
25 130
25 130
Free-cash
44 866
35 689
53 405
40 502

Estimated living cost  is ₽25130 per week

₽15808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Hamburg , Germany
₽27605
₽45942
₽32465
₽39262
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
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 668
trade
-
-
-
13 477
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.

-
-
-
34 405
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.

-
-
-
1 892
total
-
-
-
55 442
Employee

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

42 074
-
120 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 668
-
5 668
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

198
-
1 892
-
income

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

3 615
-
34 405
-
total
9 481
-
41 965
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 426
120 500
-
-
trade
12 901
19 822
-
-
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.

647
993
-
-
chamber of commerce
238
298
-
-
income
11 764
18 075
-
-
total
25 550
39 188
-
-
Dividends
52 875
81 312
-
-
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.

710
1 101
-
-
withholding
12 904
20 013
-
-
total
13 614
21 114
-
-
Income
120 500
120 500
120 500
120 500
Total tax
48 645
60 302
41 965
55 442
After tax
71 855
60 198
78 535
65 058
Living cost
32 593
32 593
32 593
32 593
Free-cash
39 262
27 605
45 942
32 465

Estimated living cost  is ₽32593 per week

₽21798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
₽21570
₽40527
₽26477
₽35024
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
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 668
trade
-
-
-
14 050
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.

-
-
-
34 405
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.

-
-
-
1 892
total
-
-
-
56 015
Employee

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

49 862
-
120 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 668
-
5 668
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

323
-
1 892
-
income

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

5 863
-
34 405
-
total
11 854
-
41 965
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 638
120 500
-
-
trade
12 114
20 666
-
-
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
993
-
-
chamber of commerce
225
296
-
-
income
10 596
18 075
-
-
total
23 518
40 030
-
-
Dividends
47 121
80 469
-
-
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.

631
1 090
-
-
withholding
11 465
19 802
-
-
total
12 096
20 892
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 468
60 922
41 965
56 015
After tax
73 032
59 578
78 535
64 485
Living cost
38 008
38 008
38 008
38 008
Free-cash
35 024
21 570
40 527
26 477

Estimated living cost  is ₽38008 per week

₽27759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Athens , Greece
₽57160
₽35285
₽38545
₽54520
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
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
28 986
surtax
-
-
-
4 138
total
-
-
-
63 320
Employee
27 940
-
99 546
-
health
713
-
2 538
-
pensions
1 864
-
6 639
-
surtax
99
-
3 623
-
other
-
-
-
-
unemployment
1 944
-
6 928
-
income
4 684
-
25 897
-
total
9 304
-
45 625
-
Employer
27 940
-
99 546
-
pensions
3 725
-
13 270
-
unemployment
886
-
3 155
-
health
1 271
-
4 530
-
other
-
-
-
-
total
5 882
-
20 955
-
Corporate
86 677
120 500
-
-
income
22 537
31 330
-
-
total
22 537
31 330
-
-
Dividends
64 141
89 170
-
-
withholding
9 622
13 375
-
-
total
9 622
13 375
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 345
44 705
66 580
63 320
After tax
73 155
75 795
53 920
57 180
Living cost
18 635
18 635
18 635
18 635
Free-cash
54 520
57 160
35 285
38 545

Estimated living cost  is ₽18635 per week

₽11251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₽57487
₽35612
₽38872
₽54904
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
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
28 986
surtax
-
-
-
4 138
total
-
-
-
63 320
Employee
27 437
-
99 546
-
health
701
-
2 538
-
pensions
1 830
-
6 639
-
surtax
90
-
3 623
-
other
-
-
-
-
unemployment
1 910
-
6 928
-
income
4 599
-
25 897
-
total
9 130
-
45 625
-
Employer
27 437
-
99 546
-
pensions
3 657
-
13 270
-
unemployment
869
-
3 155
-
health
1 249
-
4 530
-
other
-
-
-
-
total
5 775
-
20 955
-
Corporate
87 288
120 500
-
-
income
22 694
31 330
-
-
total
22 694
31 330
-
-
Dividends
64 594
89 170
-
-
withholding
9 689
13 375
-
-
total
9 689
13 375
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 288
44 705
66 580
63 320
After tax
73 212
75 795
53 920
57 180
Living cost
18 308
18 308
18 308
18 308
Free-cash
54 904
57 487
35 612
38 872

Estimated living cost  is ₽18308 per week

₽11194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₽51496
₽53581
₽67203
₽51834
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.

23 491
9 349
100 837
-
health
1 644
654
7 059
-
pensions
2 349
935
10 084
-
unemployment
352
140
1 513
-
income
2 872
1 143
12 327
-
total
7 217
2 872
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.

23 491
9 349
100 837
-
pensions
4 581
1 823
19 663
-
total
4 581
1 823
19 663
-
Corporate
92 429
109 328
-
-
income
8 319
9 840
-
-
total
8 319
9 840
-
-
Dividends
84 110
99 488
-
-
withholding
15 981
18 903
-
-
social contributions
16 295
19 293
-
-
total
32 276
38 196
-
-
Income
120 500
120 500
120 500
120 500
Total tax
52 393
52 731
50 646
37 024
After tax
68 107
67 769
69 854
83 476
Living cost
16 273
16 273
16 273
16 273
Free-cash
51 834
51 496
53 581
67 203

Estimated living cost  is ₽16273 per week

₽11105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₽33309
₽30602
₽29658
₽32612
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
-
-
-
1 295
municipal
-
-
-
13 023
pensions
-
-
-
14 460
national
-
-
-
20 181
total
-
-
-
48 959
Employee
64 927
-
104 171
-
municipal
8 020
-
13 490
-
pensions
2 597
-
4 167
-
national
12 427
-
20 904
-
total
23 044
-
38 561
-
Employer
64 927
-
104 171
-
social contributions
698
-
1 120
-
pensions
5 194
-
8 334
-
total
5 892
-
9 454
-
Corporate
45 396
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%.

9 079
24 100
-
-
total
9 079
24 100
-
-
Dividends
36 317
96 400
-
-
withholding
7 990
21 208
-
-
total
7 990
21 208
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 005
45 308
48 015
48 959
After tax
74 495
75 192
72 485
71 541
Living cost
41 883
41 883
41 883
41 883
Free-cash
32 612
33 309
30 602
29 658

Estimated living cost  is ₽41883 per week

₽28468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
₽37088
₽19241
₽19241
₽38920
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
-
-
-
19 510
income
-
-
-
34 487
total
-
-
-
53 997
Employee
64 899
-
120 500
-
social contributions
5 392
-
19 510
-
income
12 246
-
34 487
-
total
17 638
-
53 997
-
Employer
64 899
-
120 500
-
total
-
-
-
-
Corporate
55 601
120 500
-
-
income
6 950
15 063
-
-
total
6 950
15 063
-
-
Dividends
48 652
105 437
-
-
withholding
9 730
21 087
-
-
total
9 730
21 087
-
-
Income
120 500
120 500
120 500
120 500
Total tax
34 318
36 150
53 997
53 997
After tax
86 182
84 350
66 503
66 503
Living cost
47 262
47 262
47 262
47 262
Free-cash
38 920
37 088
19 241
19 241

Estimated living cost  is ₽47262 per week

₽35956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
₽29282
₽18436
₽24081
₽24951
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
regional
-
-
-
1 395
social contributions
-
-
-
30 993
municipal
-
-
-
716
national
-
-
-
28 306
total
-
-
-
61 410
Employee
73 736
-
120 500
-
regional
696
-
1 229
-
municipal
390
-
639
-
social contributions
24 864
-
40 632
-
national
12 777
-
24 555
-
total
38 727
-
67 055
-
Employer
73 736
-
120 500
-
total
-
-
-
-
Corporate
46 764
120 500
-
-
nationa
11 223
28 920
-
-
municipal
1 823
4 700
-
-
total
13 046
33 620
-
-
Dividends
33 718
86 881
-
-
withholding
8 767
22 589
-
-
total
8 767
22 589
-
-
Income
120 500
120 500
120 500
120 500
Total tax
60 540
56 209
67 055
61 410
After tax
59 960
64 291
53 445
59 090
Living cost
35 009
35 009
35 009
35 009
Free-cash
24 951
29 282
18 436
24 081

Estimated living cost  is ₽35009 per week

₽24404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₽40988
₽30703
₽36317
₽39145
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
regional
-
-
-
1 818
social contributions
-
-
-
30 993
municipal
-
-
-
716
national
-
-
-
28 306
total
-
-
-
61 833
Employee
46 023
-
120 500
-
regional
620
-
1 621
-
municipal
244
-
639
-
social contributions
15 519
-
40 632
-
national
7 291
-
24 555
-
total
23 674
-
67 447
-
Employer
46 023
-
120 500
-
total
-
-
-
-
Corporate
74 477
120 500
-
-
nationa
17 875