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
₽ 123000
per

Your estimated
City
free-cash

Andorra , Andorra
₽85760
₽69713
₽66444
₽82972
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
-
-
-
123 000
social contributions
-
-
-
27 060
income
-
-
-
4 556
total
-
-
-
31 616
Employee
26 673
-
106 493
-
social contributions
1 733
-
6 921
-
income
-
-
4 919
-
total
1 733
-
11 840
-
Employer
26 673
-
106 493
-
social contributions
4 135
-
16 507
-
total
4 135
-
16 507
-
Corporate
92 192
123 000
-
-
income
9 220
12 300
-
-
total
9 220
12 300
-
-
Dividends
82 972
110 700
-
-
total
-
-
-
-
Income
123 000
123 000
123 000
123 000
Total tax
15 088
12 300
28 347
31 616
After tax
107 912
110 700
94 653
91 384
Living cost
24 940
24 940
24 940
24 940
Free-cash
82 972
85 760
69 713
66 444

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
₽41895
₽5719
₽36647
₽41486
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
-
-
-
123 000
chamber of commerce
-
-
-
491
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
28 959
surtax
-
-
-
-
total
-
-
-
59 884
Employee
36 267
33 064
95 510
-
health
1 403
1 280
3 697
-
pensions
3 714
3 385
9 781
-
other
362
331
956
-
unemployment
1 088
992
2 866
-
income
3 231
2 439
22 930
-
total
9 798
8 427
40 230
-
Employer
36 267
33 064
95 510
-
pensions
4 552
4 150
11 986
-
accident
471
430
1 242
-
unemployment
1 088
992
2 866
-
surtax
-
-
-
-
payroll
1 088
992
2 866
-
chamber of commerce
145
132
383
-
health
1 371
1 250
3 610
-
other
1 722
1 570
4 538
-
total
10 437
9 516
27 491
-
Corporate
76 296
80 420
92 361
-
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.

19 075
20 106
23 091
-
total
19 075
20 106
23 091
-
Dividends
57 221
60 315
-
-
withholding
15 735
16 587
-
-
total
15 735
16 587
-
-
Income
123 000
123 000
123 000
123 000
Total tax
55 045
54 636
90 812
59 884
After tax
67 955
68 364
32 188
63 116
Living cost
26 469
26 469
26 469
26 469
Free-cash
41 486
41 895
5 719
36 647

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
₽39042
₽2928
₽33718
₽37759
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
-
-
-
123 000
chamber of commerce
-
-
-
491
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
28 959
surtax
-
-
-
164
total
-
-
-
60 048
Employee
41 463
33 064
95 386
-
health
1 604
1 280
3 692
-
pensions
4 246
3 385
9 768
-
other
414
331
954
-
unemployment
1 244
992
2 861
-
income
4 720
2 439
22 888
-
total
12 228
8 427
40 163
-
Employer
41 463
33 064
95 386
-
pensions
5 204
4 150
11 971
-
accident
538
430
1 241
-
unemployment
1 244
992
2 861
-
surtax
164
164
164
-
payroll
1 244
992
2 861
-
chamber of commerce
165
132
381
-
health
1 567
1 250
3 606
-
other
1 970
1 570
4 531
-
total
12 096
9 680
27 616
-
Corporate
69 442
80 257
92 237
-
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.

17 360
20 065
23 059
-
total
17 360
20 065
23 059
-
Dividends
52 082
60 192
-
-
withholding
14 323
16 552
-
-
total
14 323
16 552
-
-
Income
123 000
123 000
123 000
123 000
Total tax
56 007
54 724
90 838
60 048
After tax
66 993
68 276
32 162
62 952
Living cost
29 234
29 234
29 234
29 234
Free-cash
37 759
39 042
2 928
33 718

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
₽38588
₽14345
₽23562
₽26145
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
-
-
-
123 000
social contributions
-
-
-
19 239
communal

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

-
-
-
6 225
national
-
-
-
43 723
total
-
-
-
69 187
Employee

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

59 347
-
95 268
-
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
-
4 478
-
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
-
7 145
-
communal

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

3 095
-
4 969
-
national
18 246
-
33 251
-
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
-
828
-
total
29 096
-
50 671
-
Employer

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

59 347
-
95 268
-
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
-
1 239
-
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
-
1 390
-
surtax
6 729
-
10 804
-
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
-
5 859
-
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
-
8 441
-
total
17 275
-
27 733
-
Corporate
46 378
123 000
-
-
surtax
186
491
-
-
income
9 275
24 599
-
-
total
9 461
25 090
-
-
Dividends
36 917
97 909
-
-
withholding

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

10 772
29 071
-
-
total
10 772
29 071
-
-
Income
123 000
123 000
123 000
123 000
Total tax
66 604
54 161
78 404
69 187
After tax
56 396
68 839
44 596
53 813
Living cost
30 251
30 251
30 251
30 251
Free-cash
26 145
38 588
14 345
23 562

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
₽90902
₽87129
₽82554
₽85850
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
-
-
-
123 000
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 450
total
-
-
-
26 183
Employee
18 887
-
117 318
-
accident

We are using the highest rate at 1.1%.

208
-
319
-
health
869
-
1 332
-
pensions

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

1 658
-
2 543
-
income
1 889
-
11 731
-
total
4 624
-
15 925
-
Employer
18 887
-
117 318
-
accident

We are using the highest rate at 1.1%.

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

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

2 081
-
3 192
-
total
3 705
-
5 683
-
Corporate
100 407
123 000
-
-
income
10 040
12 300
-
-
total
10 040
12 300
-
-
Dividends
90 367
110 700
-
-
withholding
4 518
5 535
-
-
total
4 518
5 535
-
-
Income
123 000
123 000
123 000
123 000
Total tax
22 887
17 835
21 608
26 183
After tax
100 113
105 165
101 392
96 817
Living cost
14 263
14 263
14 263
14 263
Free-cash
85 850
90 902
87 129
82 554

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
₽94294
₽90521
₽85946
₽90443
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
-
-
-
123 000
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 450
total
-
-
-
26 183
Employee
14 395
-
117 318
-
accident

We are using the highest rate at 1.1%.

158
-
319
-
health
662
-
1 332
-
pensions

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

1 264
-
2 543
-
income
1 439
-
11 731
-
total
3 523
-
15 925
-
Employer
14 395
-
117 318
-
accident

We are using the highest rate at 1.1%.

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

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

1 587
-
3 192
-
total
2 825
-
5 683
-
Corporate
105 780
123 000
-
-
income
10 578
12 300
-
-
total
10 578
12 300
-
-
Dividends
95 203
110 700
-
-
withholding
4 760
5 535
-
-
total
4 760
5 535
-
-
Income
123 000
123 000
123 000
123 000
Total tax
21 686
17 835
21 608
26 183
After tax
101 314
105 165
101 392
96 817
Living cost
10 871
10 871
10 871
10 871
Free-cash
90 443
94 294
90 521
85 946

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
₽70596
₽64875
₽66021
₽66081
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
-
-
-
123 000
social contributions
-
-
-
13 424
health
-
-
-
3 136
income
-
-
-
21 210
total
-
-
-
37 770
Employee
63 798
63 798
113 753
-
health
494
1 085
1 933
-
social contributions
2 412
5 295
7 142
-
income
6 947
5 906
20 594
-
total
9 853
12 286
29 669
-
Employer
63 798
63 798
113 753
-
social contributions
2 412
5 295
7 142
-
health
537
1 181
2 105
-
total
2 949
6 476
9 247
-
Corporate
90 989
52 727
-
-
income
11 374
6 591
-
-
total
11 374
6 591
-
-
Dividends
79 615
46 136
-
-
withholding
13 534
7 842
-
-
total
13 534
7 842
-
-
Income
123 000
123 000
123 000
123 000
Total tax
37 710
33 195
38 916
37 770
After tax
85 290
89 805
84 084
85 230
Living cost
19 209
19 209
19 209
19 209
Free-cash
66 081
70 596
64 875
66 021

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
₽62895
₽57174
₽58320
₽59456
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
-
-
-
123 000
social contributions
-
-
-
13 424
health
-
-
-
3 136
income
-
-
-
21 210
total
-
-
-
37 770
Employee
63 798
63 798
113 753
-
health
635
1 085
1 933
-
social contributions
3 100
5 295
7 142
-
income
6 699
5 906
20 594
-
total
10 434
12 286
29 669
-
Employer
63 798
63 798
113 753
-
social contributions
3 100
5 295
7 142
-
health
691
1 181
2 105
-
total
3 791
6 476
9 247
-
Corporate
81 864
52 727
-
-
income
10 232
6 591
-
-
total
10 232
6 591
-
-
Dividends
71 632
46 136
-
-
withholding
12 177
7 842
-
-
total
12 177
7 842
-
-
Income
123 000
123 000
123 000
123 000
Total tax
36 634
33 195
38 916
37 770
After tax
86 366
89 805
84 084
85 230
Living cost
26 910
26 910
26 910
26 910
Free-cash
59 456
62 895
57 174
58 320

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
₽65162
₽42895
₽47034
₽58198
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
-
-
-
123 000
social contributions
-
-
-
28 093
health
-
-
-
16 605
solidarity contribution
-
-
-
-
income
-
-
-
11 745
total
-
-
-
56 443
Employee
28 710
-
91 791
-
health
3 876
-
12 392
-
social contributions
1 866
-
5 966
-
solidarity contribution
-
-
-
-
income
3 445
-
11 015
-
total
9 187
-
29 373
-
Employer
28 710
-
91 791
-
social contributions
7 178
-
22 948
-
health
2 584
-
8 261
-
total
9 762
-
31 209
-
Corporate
84 528
123 000
-
-
income
16 060
23 370
-
-
total
16 060
23 370
-
-
Dividends
68 468
99 630
-
-
withholding
10 270
14 945
-
-
total
10 270
14 945
-
-
Income
123 000
123 000
123 000
123 000
Total tax
45 279
38 315
60 582
56 443
After tax
77 721
84 685
62 418
66 557
Living cost
19 523
19 523
19 523
19 523
Free-cash
58 198
65 162
42 895
47 034

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
₽60628
₽38361
₽42500
₽52045
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
-
-
-
123 000
social contributions
-
-
-
28 093
health
-
-
-
16 605
solidarity contribution
-
-
-
-
income
-
-
-
11 745
total
-
-
-
56 443
Employee
35 378
-
91 791
-
health
4 776
-
12 392
-
social contributions
2 300
-
5 966
-
solidarity contribution
-
-
-
-
income
4 245
-
11 015
-
total
11 321
-
29 373
-
Employer
35 378
-
91 791
-
social contributions
8 845
-
22 948
-
health
3 184
-
8 261
-
total
12 029
-
31 209
-
Corporate
75 593
123 000
-
-
income
14 363
23 370
-
-
total
14 363
23 370
-
-
Dividends
61 230
99 630
-
-
withholding
9 185
14 945
-
-
total
9 185
14 945
-
-
Income
123 000
123 000
123 000
123 000
Total tax
46 898
38 315
60 582
56 443
After tax
76 102
84 685
62 418
66 557
Living cost
24 057
24 057
24 057
24 057
Free-cash
52 045
60 628
38 361
42 500

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
-₽58254
-₽58254
₽33838
-₽58254
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
-
-
-
123 000
labour market
-
-
-
9 782
municipal
-
-
-
24 923
pensions
-
-
-
721
national
-
-
-
13 671
total
-
-
-
49 097
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
123 000
123 000
123 000
123 000
Total tax
141 189
141 189
141 189
49 097
After tax
-18 189
-18 189
-18 189
73 903
Living cost
40 065
40 065
40 065
40 065
Free-cash
-58 254
-58 254
-58 254
33 838

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
₽78361
₽50856
₽45888
₽73206
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
-
-
-
123 000
health
-
-
-
15 990
pensions
-
-
-
24 601
income
-
-
-
16 481
total
-
-
-
57 072
Employee
23 536
-
91 928
-
pensions
471
-
1 839
-
unemployment
376
-
1 471
-
income
2 650
-
17 724
-
total
3 497
-
21 034
-
Employer
23 536
-
91 928
-
pensions
4 708
-
18 385
-
unemployment
189
-
735
-
health
3 059
-
11 950
-
total
7 956
-
31 070
-
Corporate
91 508
123 000
-
-
income
18 301
24 599
-
-
total
18 301
24 599
-
-
Dividends
73 206
98 401
-
-
total
-
-
-
-
Income
123 000
123 000
123 000
123 000
Total tax
29 754
24 599
52 104
57 072
After tax
93 246
98 401
70 896
65 928
Living cost
20 040
20 040
20 040
20 040
Free-cash
73 206
78 361
50 856
45 888

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
₽46660
₽34145
₽50844
₽48190
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

-
-
-
123 000
health
-
-
-
1 548
municipal
-
-
-
21 861
national
-
-
-
16 894
total
-
-
-
40 303
Employee
43 651
-
103 474
-
health
326
-
1 247
-
municipal
7 150
-
16 864
-
pensions
2 946
-
6 984
-
national
721
-
10 830
-
unemployment
655
-
1 552
-
total
11 798
-
37 477
-
Employer
43 651
-
103 474
-
accident
44
-
104
-
unemployment
283
-
672
-
health
335
-
797
-
pensions
7 573
-
17 952
-
total
8 235
-
19 525
-
Corporate
71 113
123 000
-
-
income
14 222
24 599
-
-
total
14 222
24 599
-
-
Dividends

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

42 668
73 801
-
-
municipal
7 680
13 284
-
-
national
1 022
6 604
-
-
total
8 702
19 888
-
-
Income
123 000
123 000
123 000
123 000
Total tax
42 957
44 487
57 002
40 303
After tax
80 043
78 513
65 998
82 697
Living cost
31 853
31 853
31 853
31 853
Free-cash
48 190
46 660
34 145
50 844

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
₽36418
₽44610
₽44116
₽41031
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
-
-
-
123 000
social contributions
-
-
-
3 505
health
-
-
-
4 478
pensions
-
-
-
24 138
other
-
-
-
3 813
income
-
-
-
17 377
surtax
-
-
-
-
total
-
-
-
53 311
Employee
31 696
-
96 603
-
income
1 634
-
17 533
-
social contributions
904
-
2 752
-
pensions
3 585
-
6 133
-
surtax
-
-
-
-
total
6 123
-
26 418
-
Employer
31 696
-
96 603
-
pensions
5 208
-
10 430
-
social contributions
94
-
290
-
unemployment
1 283
-
3 913
-
health
2 218
-
8 246
-
other
1 094
-
3 520
-
total
9 897
-
26 399
-
Corporate
81 405
123 000
-
-
surtax
-
-
-
-
income
22 793
34 440
-
-
total
22 793
34 440
-
-
Dividends
58 612
88 560
-
-
surtax
-
-
-
-
withholding
7 502
11 336
-
-
social contributions
10 081
15 233
-
-
total
17 583
26 569
-
-
Income
123 000
123 000
123 000
123 000
Total tax
56 396
61 009
52 817
53 311
After tax
66 604
61 991
70 183
69 689
Living cost
25 573
25 573
25 573
25 573
Free-cash
41 031
36 418
44 610
44 116

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
₽33605
₽41797
₽41303
₽38509
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
-
-
-
123 000
social contributions
-
-
-
3 505
health
-
-
-
4 478
pensions
-
-
-
24 138
other
-
-
-
3 813
income
-
-
-
17 377
surtax
-
-
-
-
total
-
-
-
53 311
Employee
35 509
-
96 603
-
income
2 096
-
17 533
-
social contributions
1 012
-
2 752
-
pensions
4 015
-
6 133
-
surtax
-
-
-
-
total
7 123
-
26 418
-
Employer
35 509
-
96 603
-
pensions
5 833
-
10 430
-
social contributions
107
-
290
-
unemployment
1 437
-
3 913
-
health
2 486
-
8 246
-
other
1 225
-
3 520
-
total
11 088
-
26 399
-
Corporate
76 402
123 000
-
-
surtax
-
-
-
-
income
21 392
34 440
-
-
total
21 392
34 440
-
-
Dividends
55 010
88 560
-
-
surtax
-
-
-
-
withholding
7 041
11 336
-
-
social contributions
9 461
15 233
-
-
total
16 502
26 569
-
-
Income
123 000
123 000
123 000
123 000
Total tax
56 105
61 009
52 817
53 311
After tax
66 895
61 991
70 183
69 689
Living cost
28 386
28 386
28 386
28 386
Free-cash
38 509
33 605
41 797
41 303

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
₽21919
₽30111
₽29617
₽27624
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
-
-
-
123 000
social contributions
-
-
-
3 505
health
-
-
-
4 478
pensions
-
-
-
24 138
other
-
-
-
3 813
income
-
-
-
17 377
surtax
-
-
-
-
total
-
-
-
53 311
Employee
51 964
-
96 603
-
income
4 534
-
17 533
-
social contributions
1 480
-
2 752
-
pensions
5 877
-
6 133
-
surtax
-
-
-
-
total
11 891
-
26 418
-
Employer
51 964
-
96 603
-
pensions
8 538
-
10 430
-
social contributions
156
-
290
-
unemployment
2 105
-
3 913
-
health
3 637
-
8 246
-
other
1 793
-
3 520
-
total
16 229
-
26 399
-
Corporate
54 807
123 000
-
-
surtax
-
-
-
-
income
15 346
34 440
-
-
total
15 346
34 440
-
-
Dividends
39 460
88 560
-
-
surtax
-
-
-
-
withholding
5 051
11 336
-
-
social contributions
6 787
15 233
-
-
total
11 838
26 569
-
-
Income
123 000
123 000
123 000
123 000
Total tax
55 304
61 009
52 817
53 311
After tax
67 696
61 991
70 183
69 689
Living cost
40 072
40 072
40 072
40 072
Free-cash
27 624
21 919
30 111
29 617

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
₽110993
₽92543
₽115913
₽109895
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%.

-
-
-
123 000
microenterprise

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

-
-
-
1 230
total
-
-
-
1 230
Employee
7 321
-
123 000
-
income
1 464
-
24 600
-
total
1 464
-
24 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

115 679
123 000
-
-
total
-
-
-
-
Dividends
115 679
123 000
-
-
withholding
5 784
6 150
-
-
total
5 784
6 150
-
-
Income
123 000
123 000
123 000
123 000
Total tax
7 248
6 150
24 600
1 230
After tax
115 752
116 850
98 400
121 770
Living cost
5 857
5 857
5 857
5 857
Free-cash
109 895
110 993
92 543
115 913

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
₽107723
₽89273
₽112643
₽106011
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%.

-
-
-
123 000
microenterprise

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

-
-
-
1 230
total
-
-
-
1 230
Employee
11 409
-
123 000
-
income
2 282
-
24 600
-
total
2 282
-
24 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

111 591
123 000
-
-
total
-
-
-
-
Dividends
111 591
123 000
-
-
withholding
5 580
6 150
-
-
total
5 580
6 150
-
-
Income
123 000
123 000
123 000
123 000
Total tax
7 862
6 150
24 600
1 230
After tax
115 138
116 850
98 400
121 770
Living cost
9 127
9 127
9 127
9 127
Free-cash
106 011
107 723
89 273
112 643

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
₽31310
₽47898
₽35783
₽42163
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.

-
-
-
123 000
health

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

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

-
-
-
5 668
trade
-
-
-
12 115
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.

-
-
-
35 454
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.

-
-
-
1 949
total
-
-
-
55 186
Employee

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

41 281
-
123 000
-
health

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

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

5 668
-
5 668
-
surtax

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

187
-
1 949
-
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
-
35 454
-
total
9 250
-
43 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 719
123 000
-
-
trade
11 727
17 651
-
-
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.

674
1 014
-
-
chamber of commerce
246
307
-
-
income
12 257
18 449
-
-
total
24 904
37 421
-
-
Dividends
56 816
85 578
-
-
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.

764
1 159
-
-
withholding
13 888
21 079
-
-
total
14 652
22 238
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 806
59 659
43 071
55 186
After tax
74 194
63 341
79 929
67 814
Living cost
32 031
32 031
32 031
32 031
Free-cash
42 163
31 310
47 898
35 783

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
₽36947
₽54799
₽41503
₽46121
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.

-
-
-
123 000
health

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

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

-
-
-
5 668
trade
-
-
-
13 296
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.

-
-
-
35 454
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.

-
-
-
1 949
total
-
-
-
56 367
Employee

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

31 733
-
123 000
-
health

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

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

5 668
-
5 668
-
surtax

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

49
-
1 949
-
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
-
35 454
-
total
6 603
-
43 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 267
123 000
-
-
trade
14 375
19 372
-
-
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.

753
1 014
-
-
chamber of commerce
257
302
-
-
income
13 690
18 449
-
-
total
29 075
39 137
-
-
Dividends
62 193
83 862
-
-
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.

838
1 135
-
-
withholding
15 233
20 651
-
-
total
16 071
21 786
-
-
Income
123 000
123 000
123 000
123 000
Total tax
51 749
60 923
43 071
56 367
After tax
71 251
62 077
79 929
66 633
Living cost
25 130
25 130
25 130
25 130
Free-cash
46 121
36 947
54 799
41 503

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
₽28851
₽47336
₽33448
₽40506
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.

-
-
-
123 000
health

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

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

-
-
-
5 668
trade
-
-
-
13 888
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.

-
-
-
35 454
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.

-
-
-
1 949
total
-
-
-
56 959
Employee

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

42 074
-
123 000
-
health

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

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

5 668
-
5 668
-
surtax

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

198
-
1 949
-
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
-
35 454
-
total
9 481
-
43 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 926
123 000
-
-
trade
13 312
20 233
-
-
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.

668
1 014
-
-
chamber of commerce
241
301
-
-
income
12 139
18 449
-
-
total
26 360
39 997
-
-
Dividends
54 566
83 003
-
-
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.

734
1 124
-
-
withholding
13 326
20 435
-
-
total
14 060
21 559
-
-
Income
123 000
123 000
123 000
123 000
Total tax
49 901
61 556
43 071
56 959
After tax
73 099
61 444
79 929
66 041
Living cost
32 593
32 593
32 593
32 593
Free-cash
40 506
28 851
47 336
33 448

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
₽22802
₽41921
₽27442
₽36257
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.

-
-
-
123 000
health

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

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

-
-
-
5 668
trade
-
-
-
14 479
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.

-
-
-
35 454
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.

-
-
-
1 949
total
-
-
-
57 550
Employee

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

49 862
-
123 000
-
health

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

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

5 668
-
5 668
-
surtax

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

323
-
1 949
-
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
-
35 454
-
total
11 854
-
43 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 138
123 000
-
-
trade
12 544
21 095
-
-
surtax

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

603
1 014
-
-
chamber of commerce
228
299
-
-
income
10 971
18 449
-
-
total
24 346
40 857
-
-
Dividends
48 792
82 143
-
-
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
1 112
-
-
withholding
11 882
20 221
-
-
total
12 535
21 333
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 735
62 190
43 071
57 550
After tax
74 265
60 810
79 929
65 450
Living cost
38 008
38 008
38 008
38 008
Free-cash
36 257
22 802
41 921
27 442

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
₽58731
₽36108
₽39734
₽56095
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
-
-
-
123 000
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
30 110
surtax
-
-
-
4 325
total
-
-
-
64 631
Employee
27 940
-
101 611
-
health
713
-
2 592
-
pensions
1 864
-
6 778
-
surtax
99
-
3 752
-
other
-
-
-
-
unemployment
1 944
-
7 072
-
income
4 684
-
26 674
-
total
9 304
-
46 868
-
Employer
27 940
-
101 611
-
pensions
3 725
-
13 545
-
unemployment
886
-
3 221
-
health
1 271
-
4 623
-
other
-
-
-
-
total
5 882
-
21 389
-
Corporate
89 177
123 000
-
-
income
23 185
31 980
-
-
total
23 185
31 980
-
-
Dividends
65 992
91 020
-
-
withholding
9 899
13 654
-
-
total
9 899
13 654
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 270
45 634
68 257
64 631
After tax
74 730
77 366
54 743
58 369
Living cost
18 635
18 635
18 635
18 635
Free-cash
56 095
58 731
36 108
39 734

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
₽59058
₽36435
₽40061
₽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
-
-
-
123 000
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
30 110
surtax
-
-
-
4 325
total
-
-
-
64 631
Employee
27 437
-
101 611
-
health
701
-
2 592
-
pensions
1 830
-
6 778
-
surtax
90
-
3 752
-
other
-
-
-
-
unemployment
1 910
-
7 072
-
income
4 599
-
26 674
-
total
9 130
-
46 868
-
Employer
27 437
-
101 611
-
pensions
3 657
-
13 545
-
unemployment
869
-
3 221
-
health
1 249
-
4 623
-
other
-
-
-
-
total
5 775
-
21 389
-
Corporate
89 788
123 000
-
-
income
23 344
31 980
-
-
total
23 344
31 980
-
-
Dividends
66 444
91 020
-
-
withholding
9 966
13 654
-
-
total
9 966
13 654
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 215
45 634
68 257
64 631
After tax
74 785
77 366
54 743
58 369
Living cost
18 308
18 308
18 308
18 308
Free-cash
56 477
59 058
36 435
40 061

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
₽52895
₽55031
₽68935
₽53234
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
-
-
-
123 000
unemployment
-
-
-
1 845
health
-
-
-
8 610
pensions
-
-
-
12 300
income
-
-
-
15 037
total
-
-
-
37 792
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
102 929
-
health
1 644
654
7 205
-
pensions
2 349
935
10 293
-
unemployment
352
140
1 544
-
income
2 872
1 143
12 583
-
total
7 217
2 872
31 625
-
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
102 929
-
pensions
4 581
1 823
20 071
-
total
4 581
1 823
20 071
-
Corporate
94 929
111 828
-
-
income
8 544
10 065
-
-
total
8 544
10 065
-
-
Dividends
86 385
101 763
-
-
withholding
16 413
19 335
-
-
social contributions
16 738
19 737
-
-
total
33 151
39 072
-
-
Income
123 000
123 000
123 000
123 000
Total tax
53 493
53 832
51 696
37 792
After tax
69 507
69 168
71 304
85 208
Living cost
16 273
16 273
16 273
16 273
Free-cash
53 234
52 895
55 031
68 935

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
₽34869
₽32052
₽31087
₽34172
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
-
-
-
123 000
social contributions
-
-
-
1 322
municipal
-
-
-
13 315
pensions
-
-
-
14 760
national
-
-
-
20 633
total
-
-
-
50 030
Employee
64 927
-
106 332
-
municipal
8 020
-
13 791
-
pensions
2 597
-
4 253
-
national
12 427
-
21 371
-
total
23 044
-
39 415
-
Employer
64 927
-
106 332
-
social contributions
698
-
1 143
-
pensions
5 194
-
8 507
-
total
5 892
-
9 650
-
Corporate
47 896
123 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

9 579
24 600
-
-
total
9 579
24 600
-
-
Dividends
38 317
98 400
-
-
withholding
8 430
21 648
-
-
total
8 430
21 648
-
-
Income
123 000
123 000
123 000
123 000
Total tax
46 945
46 248
49 065
50 030
After tax
76 055
76 752
73 935
72 970
Living cost
41 883
41 883
41 883
41 883
Free-cash
34 172
34 869
32 052
31 087

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
₽38839
₽20266
₽20266
₽40669
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
-
-
-
123 000
social contributions
-
-
-
19 985
income
-
-
-
35 487
total
-
-
-
55 472
Employee
64 899
-
123 000
-
social contributions
5 392
-
19 985
-
income
12 246
-
35 487
-
total
17 638
-
55 472
-
Employer
64 899
-
123 000
-
total
-
-
-
-
Corporate
58 101
123 000
-
-
income
7 263
15 375
-
-
total
7 263
15 375
-
-
Dividends
50 838
107 625
-
-
withholding
10 168
21 524
-
-
total
10 168
21 524
-
-
Income
123 000
123 000
123 000
123 000
Total tax
35 069
36 899
55 472
55 472
After tax
87 931
86 101
67 528
67 528
Living cost
47 262
47 262
47 262
47 262
Free-cash
40 669
38 839
20 266
20 266

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
₽30617
₽19420
₽25129
₽26284
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
-
-
-
123 000
regional
-
-
-
1 427
social contributions
-
-
-
31 636
municipal
-
-
-
731
national
-
-
-
29 068
total
-
-
-
62 862
Employee
73 736
-
123 000
-
regional
696
-
1 258
-
municipal
390
-
652
-
social contributions
24 864
-
41 476
-
national
12 777
-
25 185
-
total
38 727
-
68 571
-
Employer
73 736
-
123 000
-
total
-
-
-
-
Corporate
49 264
123 000
-
-
nationa
11 823
29 519
-
-
municipal
1 921
4 797
-
-
total
13 744
34 316
-
-
Dividends
35 521
88 683
-
-
withholding
9 236
23 058
-
-
total
9 236
23 058
-
-
Income
123 000
123 000
123 000
123 000
Total tax
61 707
57 374
68 571
62 862
After tax
61 293
65 626
54 429
60 138
Living cost
35 009
35 009
35 009
35 009
Free-cash
26 284
30 617
19 420
25 129

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
₽42302
₽31682
₽37361
₽40459
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
-
-
-
123 000
regional
-
-
-
1 854
social contributions
-
-
-
31 636
municipal
-
-
-
731
national
-
-
-
29 068
total
-
-
-
63 289
Employee
46 023
-
123 000
-
regional
620
-
1 655
-
municipal
244
-
652
-
social contributions
15 519
-
41 476
-
national
7 291
-
25 185
-
total
23 674
-
68 968
-
Employer
46 023
-
123 000
-
total
-
-
-
-
Corporate
76 977
123 000
-
-
nationa