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
₽64687
₽80523
₽67957
₽83558
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
-
-
-
4 111
total
-
-
-
31 171
Employee
29 029
-
106 494
-
social contributions
1 887
-
6 921
-
income
-
-
4 474
-
total
1 887
-
11 395
-
Employer
29 029
-
106 494
-
social contributions
4 500
-
16 506
-
total
4 500
-
16 506
-
Corporate
89 472
123 000
-
-
income
8 948
12 300
-
-
total
8 948
12 300
-
-
Dividends
80 524
110 700
-
-
total
-
-
-
-
Income
123 000
123 000
123 000
123 000
Total tax
15 335
12 300
27 901
31 171
After tax
107 665
110 700
95 099
91 829
Living cost
27 142
27 142
27 142
27 142
Free-cash
80 523
83 558
67 957
64 687

Estimated living cost  is ₽27142 per week

₽17550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7036
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
₽33626
₽39243
₽4333
₽39687
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
surtax
-
-
-
-
unemployment
-
-
-
5 538
health
-
-
-
8 069
chamber of commerce
-
-
-
492
pensions
-
-
-
19 515
income
-
-
-
26 953
total
-
-
-
60 567
Employee
39 470
35 984
95 512
-
unemployment
1 184
1 080
2 865
-
other
394
360
954
-
income
3 516
2 654
22 056
-
pensions
4 042
3 684
9 781
-
health
1 527
1 393
3 696
-
total
10 663
9 171
39 352
-
Employer
39 470
35 984
95 512
-
pensions
4 954
4 517
11 986
-
surtax
-
-
-
-
payroll
1 184
1 080
2 865
-
other
1 875
1 708
4 537
-
health
1 492
1 361
3 610
-
accident
512
468
1 242
-
unemployment
1 184
1 080
2 865
-
chamber of commerce
158
144
382
-
total
11 359
10 358
27 487
-
Corporate
72 171
76 660
92 085
-
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.

18 043
19 166
23 021
-
total
18 043
19 166
23 021
-
Dividends
54 128
57 494
-
-
withholding
14 885
15 811
-
-
total
14 885
15 811
-
-
Income
123 000
123 000
123 000
123 000
Total tax
54 950
54 506
89 860
60 567
After tax
68 050
68 494
33 140
62 433
Living cost
28 807
28 807
28 807
28 807
Free-cash
39 243
39 687
4 333
33 626

Estimated living cost  is ₽28807 per week

₽17281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8071
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
₽30439
₽35188
₽1288
₽36581
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
surtax
-
-
-
178
unemployment
-
-
-
5 538
health
-
-
-
8 069
chamber of commerce
-
-
-
492
pensions
-
-
-
19 515
income
-
-
-
26 953
total
-
-
-
60 745
Employee
45 125
35 984
95 371
-
unemployment
1 354
1 080
2 862
-
other
451
360
954
-
income
5 137
2 654
22 007
-
pensions
4 621
3 684
9 765
-
health
1 746
1 393
3 691
-
total
13 309
9 171
39 279
-
Employer
45 125
35 984
95 371
-
pensions
5 663
4 517
11 969
-
surtax
178
178
178
-
payroll
1 354
1 080
2 862
-
other
2 144
1 708
4 531
-
health
1 705
1 361
3 605
-
accident
586
468
1 241
-
unemployment
1 354
1 080
2 862
-
chamber of commerce
180
144
382
-
total
13 164
10 536
27 630
-
Corporate
64 712
76 482
91 944
-
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.

16 177
19 121
22 987
-
total
16 177
19 121
22 987
-
Dividends
48 535
57 361
-
-
withholding
13 346
15 775
-
-
total
13 346
15 775
-
-
Income
123 000
123 000
123 000
123 000
Total tax
55 996
54 603
89 896
60 745
After tax
67 004
68 397
33 104
62 255
Living cost
31 816
31 816
31 816
31 816
Free-cash
35 188
36 581
1 288
30 439

Estimated living cost  is ₽31816 per week

₽21220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
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
₽21538
₽22398
₽12395
₽35940
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
national
-
-
-
42 923
communal

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

-
-
-
6 217
social contributions
-
-
-
19 399
total
-
-
-
68 539
Employee

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

64 588
-
95 267
-
unemployment

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

562
-
829
-
national
19 857
-
32 529
-
communal

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

3 369
-
4 969
-
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.

4 844
-
7 145
-
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.

3 035
-
4 477
-
total
31 667
-
49 949
-
Employer

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

64 588
-
95 267
-
surtax
7 324
-
10 802
-
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.

5 723
-
8 441
-
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.

3 972
-
5 860
-
accident

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

840
-
1 239
-
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.

942
-
1 391
-
total
18 801
-
27 733
-
Corporate
39 611
123 000
-
-
income
7 922
24 601
-
-
surtax
158
492
-
-
total
8 080
25 093
-
-
Dividends
31 532
97 907
-
-
withholding

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

9 131
29 044
-
-
total
9 131
29 044
-
-
Income
123 000
123 000
123 000
123 000
Total tax
67 679
54 137
77 682
68 539
After tax
55 321
68 863
45 318
54 461
Living cost
32 923
32 923
32 923
32 923
Free-cash
22 398
35 940
12 395
21 538

Estimated living cost  is ₽32923 per week

₽21206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8322
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
₽80592
₽84126
₽85027
₽89630
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
-
-
-
126
health
-
-
-
3 628
pensions

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

-
-
-
4 669
income
-
-
-
18 450
total
-
-
-
26 873
Employee
20 571
-
116 811
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
income
2 057
-
11 681
-
pensions

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

1 806
-
2 770
-
health
946
-
1 451
-
total
5 035
-
16 249
-
Employer
20 571
-
116 811
-
pensions

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

2 267
-
3 476
-
health
1 420
-
2 177
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
unemployment
124
-
189
-
total
4 037
-
6 189
-
Corporate
98 393
123 000
-
-
income
9 839
12 300
-
-
total
9 839
12 300
-
-
Dividends
88 554
110 700
-
-
withholding
4 428
5 535
-
-
total
4 428
5 535
-
-
Income
123 000
123 000
123 000
123 000
Total tax
23 339
17 835
22 438
26 873
After tax
99 661
105 165
100 562
96 127
Living cost
15 535
15 535
15 535
15 535
Free-cash
84 126
89 630
85 027
80 592

Estimated living cost  is ₽15535 per week

₽10275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽4001
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
₽84286
₽89127
₽88721
₽93324
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
-
-
-
126
health
-
-
-
3 628
pensions

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

-
-
-
4 669
income
-
-
-
18 450
total
-
-
-
26 873
Employee
15 678
-
116 811
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
income
1 568
-
11 681
-
pensions

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

1 377
-
2 770
-
health
721
-
1 451
-
total
3 839
-
16 249
-
Employer
15 678
-
116 811
-
pensions

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

1 728
-
3 476
-
health
1 082
-
2 177
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
unemployment
94
-
189
-
total
3 077
-
6 189
-
Corporate
104 245
123 000
-
-
income
10 425
12 300
-
-
total
10 425
12 300
-
-
Dividends
93 820
110 700
-
-
withholding
4 691
5 535
-
-
total
4 691
5 535
-
-
Income
123 000
123 000
123 000
123 000
Total tax
22 032
17 835
22 438
26 873
After tax
100 968
105 165
100 562
96 127
Living cost
11 841
11 841
11 841
11 841
Free-cash
89 127
93 324
88 721
84 286

Estimated living cost  is ₽11841 per week

₽6913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽3769
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
₽64971
₽64029
₽63791
₽68940
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
-
-
-
3 136
social contributions
-
-
-
14 609
income
-
-
-
19 378
total
-
-
-
37 123
Employee
69 432
69 432
113 135
-
income
7 560
6 427
18 744
-
social contributions
2 625
5 763
7 772
-
health
538
1 181
1 923
-
total
10 723
13 371
28 439
-
Employer
69 432
69 432
113 135
-
social contributions
2 625
5 763
7 772
-
health
584
1 285
2 092
-
total
3 209
7 048
9 864
-
Corporate
88 162
46 520
-
-
income
11 020
5 816
-
-
total
11 020
5 816
-
-
Dividends
77 142
40 705
-
-
withholding
13 113
6 919
-
-
total
13 113
6 919
-
-
Income
123 000
123 000
123 000
123 000
Total tax
38 065
33 154
38 303
37 123
After tax
84 935
89 846
84 697
85 877
Living cost
20 906
20 906
20 906
20 906
Free-cash
64 029
68 940
63 791
64 971

Estimated living cost  is ₽20906 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5864
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
₽56590
₽56816
₽55410
₽60559
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
-
-
-
3 136
social contributions
-
-
-
14 609
income
-
-
-
19 378
total
-
-
-
37 123
Employee
69 432
69 432
113 135
-
income
7 291
6 427
18 744
-
social contributions
3 374
5 763
7 772
-
health
691
1 181
1 923
-
total
11 356
13 371
28 439
-
Employer
69 432
69 432
113 135
-
social contributions
3 374
5 763
7 772
-
health
752
1 285
2 092
-
total
4 126
7 048
9 864
-
Corporate
78 232
46 520
-
-
income
9 779
5 816
-
-
total
9 779
5 816
-
-
Dividends
68 453
40 705
-
-
withholding
11 636
6 919
-
-
total
11 636
6 919
-
-
Income
123 000
123 000
123 000
123 000
Total tax
36 897
33 154
38 303
37 123
After tax
86 103
89 846
84 697
85 877
Living cost
29 287
29 287
29 287
29 287
Free-cash
56 816
60 559
55 410
56 590

Estimated living cost  is ₽29287 per week

₽20021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6487
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
₽44043
₽56372
₽41550
₽63817
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
-
-
-
16 605
social contributions
-
-
-
30 029
income
-
-
-
11 455
solidarity contribution
-
-
-
-
total
-
-
-
58 089
Employee
30 689
-
91 791
-
income
3 683
-
11 015
-
social contributions
1 995
-
5 966
-
health
4 143
-
12 392
-
solidarity contribution
-
-
-
-
total
9 821
-
29 373
-
Employer
30 689
-
91 791
-
social contributions
7 672
-
22 948
-
health
2 762
-
8 261
-
total
10 434
-
31 209
-
Corporate
81 877
123 000
-
-
income
15 557
23 370
-
-
total
15 557
23 370
-
-
Dividends
66 320
99 630
-
-
withholding
9 948
14 945
-
-
total
9 948
14 945
-
-
Income
123 000
123 000
123 000
123 000
Total tax
45 760
38 315
60 582
58 089
After tax
77 240
84 685
62 418
64 911
Living cost
20 868
20 868
20 868
20 868
Free-cash
56 372
63 817
41 550
44 043

Estimated living cost  is ₽20868 per week

₽14495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4478
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
₽39196
₽49797
₽36703
₽58970
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
-
-
-
16 605
social contributions
-
-
-
30 029
income
-
-
-
11 455
solidarity contribution
-
-
-
-
total
-
-
-
58 089
Employee
37 817
-
91 791
-
income
4 538
-
11 015
-
social contributions
2 458
-
5 966
-
health
5 105
-
12 392
-
solidarity contribution
-
-
-
-
total
12 101
-
29 373
-
Employer
37 817
-
91 791
-
social contributions
9 454
-
22 948
-
health
3 403
-
8 261
-
total
12 857
-
31 209
-
Corporate
72 326
123 000
-
-
income
13 742
23 370
-
-
total
13 742
23 370
-
-
Dividends
58 584
99 630
-
-
withholding
8 788
14 945
-
-
total
8 788
14 945
-
-
Income
123 000
123 000
123 000
123 000
Total tax
47 488
38 315
60 582
58 089
After tax
75 512
84 685
62 418
64 911
Living cost
25 715
25 715
25 715
25 715
Free-cash
49 797
58 970
36 703
39 196

Estimated living cost  is ₽25715 per week

₽19124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4722
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
₽31037
-₽74318
-₽74318
-₽74318
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
national
-
-
-
13 248
pensions
-
-
-
785
municipal
-
-
-
24 537
labour market
-
-
-
9 777
total
-
-
-
48 347
Employee
184 092
184 092
184 092
-
municipal
39 201
39 201
39 201
-
national
22 490
22 490
22 490
-
pensions
262
262
262
-
labour market
14 706
14 706
14 706
-
total
76 659
76 659
76 659
-
Employer
184 092
184 092
184 092
-
pensions
523
523
523
-
labour market
14 727
14 727
14 727
-
municipal
39 264
39 264
39 264
-
national
22 529
22 529
22 529
-
total
77 043
77 043
77 043
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
123 000
123 000
123 000
123 000
Total tax
153 702
153 702
153 702
48 347
After tax
-30 702
-30 702
-30 702
74 653
Living cost
43 616
43 616
43 616
43 616
Free-cash
-74 318
-74 318
-74 318
31 037

Estimated living cost  is ₽43616 per week

₽29851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9235
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
₽44120
₽70982
₽49086
₽76590
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
-
-
-
24 599
income
-
-
-
16 482
total
-
-
-
57 071
Employee
25 615
-
91 929
-
unemployment
410
-
1 470
-
income
2 884
-
17 725
-
pensions
512
-
1 839
-
total
3 806
-
21 034
-
Employer
25 615
-
91 929
-
pensions
5 123
-
18 386
-
health
3 329
-
11 950
-
unemployment
206
-
735
-
total
8 658
-
31 071
-
Corporate
88 727
123 000
-
-
income
17 745
24 601
-
-
total
17 745
24 601
-
-
Dividends
70 981
98 399
-
-
total
-
-
-
-
Income
123 000
123 000
123 000
123 000
Total tax
30 209
24 601
52 105
57 071
After tax
92 791
98 399
70 895
65 929
Living cost
21 809
21 809
21 809
21 809
Free-cash
70 982
76 590
49 086
44 120

Estimated living cost  is ₽21809 per week

₽14959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
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
₽49015
₽45455
₽32151
₽44619
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
national
-
-
-
15 935
health
-
-
-
1 518
municipal
-
-
-
21 866
total
-
-
-
39 319
Employee
47 506
-
103 475
-
unemployment
713
-
1 552
-
municipal
7 781
-
16 869
-
national
785
-
10 036
-
pensions
3 206
-
6 984
-
health
355
-
1 217
-
total
12 840
-
36 658
-
Employer
47 506
-
103 475
-
pensions
8 242
-
17 952
-
health
365
-
797
-
accident
48
-
103
-
unemployment
308
-
673
-
total
8 963
-
19 525
-
Corporate
66 531
123 000
-
-
income
13 305
24 601
-
-
total
13 305
24 601
-
-
Dividends

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

39 919
73 799
-
-
municipal
7 185
13 283
-
-
national
586
5 831
-
-
total
7 771
19 114
-
-
Income
123 000
123 000
123 000
123 000
Total tax
42 879
43 715
56 183
39 319
After tax
80 121
79 285
66 817
83 681
Living cost
34 666
34 666
34 666
34 666
Free-cash
45 455
44 619
32 151
49 015

Estimated living cost  is ₽34666 per week

₽22644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8137
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
₽42064
₽39175
₽43803
₽34160
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
surtax
-
-
-
-
health
-
-
-
4 075
pensions
-
-
-
25 369
social contributions
-
-
-
3 506
income
-
-
-
16 341
other
-
-
-
3 813
total
-
-
-
53 104
Employee
34 496
-
97 323
-
income
1 779
-
17 032
-
surtax
-
-
-
-
social contributions
984
-
2 772
-
pensions
3 902
-
5 884
-
total
6 665
-
25 688
-
Employer
34 496
-
97 323
-
pensions
5 668
-
10 064
-
social contributions
103
-
291
-
other
1 191
-
3 421
-
health
2 414
-
7 960
-
unemployment
1 397
-
3 941
-
total
10 773
-
25 677
-
Corporate
77 731
123 000
-
-
income
21 765
34 440
-
-
surtax
-
-
-
-
total
21 765
34 440
-
-
Dividends
55 966
88 560
-
-
withholding
7 164
11 337
-
-
social contributions
9 626
15 231
-
-
surtax
-
-
-
-
total
16 790
26 568
-
-
Income
123 000
123 000
123 000
123 000
Total tax
55 993
61 008
51 365
53 104
After tax
67 007
61 992
71 635
69 896
Living cost
27 832
27 832
27 832
27 832
Free-cash
39 175
34 160
43 803
42 064

Estimated living cost  is ₽27832 per week

₽16141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8336
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
₽39003
₽36433
₽40742
₽31099
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
surtax
-
-
-
-
health
-
-
-
4 075
pensions
-
-
-
25 369
social contributions
-
-
-
3 506
income
-
-
-
16 341
other
-
-
-
3 813
total
-
-
-
53 104
Employee
38 645
-
97 323
-
income
2 281
-
17 032
-
surtax
-
-
-
-
social contributions
1 102
-
2 772
-
pensions
4 369
-
5 884
-
total
7 752
-
25 688
-
Employer
38 645
-
97 323
-
pensions
6 349
-
10 064
-
social contributions
117
-
291
-
other
1 333
-
3 421
-
health
2 706
-
7 960
-
unemployment
1 564
-
3 941
-
total
12 069
-
25 677
-
Corporate
72 287
123 000
-
-
income
20 240
34 440
-
-
surtax
-
-
-
-
total
20 240
34 440
-
-
Dividends
52 047
88 560
-
-
withholding
6 662
11 337
-
-
social contributions
8 951
15 231
-
-
surtax
-
-
-
-
total
15 613
26 568
-
-
Income
123 000
123 000
123 000
123 000
Total tax
55 674
61 008
51 365
53 104
After tax
67 326
61 992
71 635
69 896
Living cost
30 893
30 893
30 893
30 893
Free-cash
36 433
31 099
40 742
39 003

Estimated living cost  is ₽30893 per week

₽19479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8377
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
₽26285
₽24588
₽28024
₽18381
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
surtax
-
-
-
-
health
-
-
-
4 075
pensions
-
-
-
25 369
social contributions
-
-
-
3 506
income
-
-
-
16 341
other
-
-
-
3 813
total
-
-
-
53 104
Employee
56 553
-
97 323
-
income
4 934
-
17 032
-
surtax
-
-
-
-
social contributions
1 611
-
2 772
-
pensions
6 397
-
5 884
-
total
12 942
-
25 688
-
Employer
56 553
-
97 323
-
pensions
9 292
-
10 064
-
social contributions
170
-
291
-
other
1 952
-
3 421
-
health
3 958
-
7 960
-
unemployment
2 291
-
3 941
-
total
17 663
-
25 677
-
Corporate
48 784
123 000
-
-
income
13 660
34 440
-
-
surtax
-
-
-
-
total
13 660
34 440
-
-
Dividends
35 124
88 560
-
-
withholding
4 496
11 337
-
-
social contributions
6 040
15 231
-
-
surtax
-
-
-
-
total
10 536
26 568
-
-
Income
123 000
123 000
123 000
123 000
Total tax
54 801
61 008
51 365
53 104
After tax
68 199
61 992
71 635
69 896
Living cost
43 611
43 611
43 611
43 611
Free-cash
24 588
18 381
28 024
26 285

Estimated living cost  is ₽43611 per week

₽29515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9930
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
₽115940
₽109927
₽92570
₽111020
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
7 287
-
123 000
-
income
1 457
-
24 600
-
total
1 457
-
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%.

115 713
123 000
-
-
total
-
-
-
-
Dividends
115 713
123 000
-
-
withholding
5 786
6 150
-
-
total
5 786
6 150
-
-
Income
123 000
123 000
123 000
123 000
Total tax
7 243
6 150
24 600
1 230
After tax
115 757
116 850
98 400
121 770
Living cost
5 830
5 830
5 830
5 830
Free-cash
109 927
111 020
92 570
115 940

Estimated living cost  is ₽5830 per week

₽3613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₽112685
₽106062
₽89315
₽107765
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
11 357
-
123 000
-
income
2 271
-
24 600
-
total
2 271
-
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%.

111 643
123 000
-
-
total
-
-
-
-
Dividends
111 643
123 000
-
-
withholding
5 582
6 150
-
-
total
5 582
6 150
-
-
Income
123 000
123 000
123 000
123 000
Total tax
7 853
6 150
24 600
1 230
After tax
115 147
116 850
98 400
121 770
Living cost
9 085
9 085
9 085
9 085
Free-cash
106 062
107 765
89 315
112 685

Estimated living cost  is ₽9085 per week

₽6148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2251
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
₽34451
₽40314
₽46077
₽28502
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
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.

-
-
-
1 871
health

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

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

-
-
-
6 169
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.

-
-
-
34 023
trade
-
-
-
11 626
total
-
-
-
53 689
Employee

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

44 927
-
123 000
-
income

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

3 694
-
34 023
-
surtax

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

204
-
1 871
-
health

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

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

6 169
-
6 169
-
total
10 067
-
42 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 073
123 000
-
-
trade
11 203
17 651
-
-
income
11 710
18 449
-
-
chamber of commerce
252
317
-
-
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.

644
1 014
-
-
total
23 809
37 431
-
-
Dividends
54 264
85 568
-
-
withholding
13 223
21 049
-
-
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.

727
1 158
-
-
total
13 950
22 207
-
-
Income
123 000
123 000
123 000
123 000
Total tax
47 826
59 638
42 063
53 689
After tax
75 174
63 362
80 937
69 311
Living cost
34 860
34 860
34 860
34 860
Free-cash
40 314
28 502
46 077
34 451

Estimated living cost  is ₽34860 per week

₽24047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
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.
₽6556
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
₽40828
₽44734
₽53588
₽34748
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
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.

-
-
-
1 871
health

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

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

-
-
-
6 169
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.

-
-
-
34 023
trade
-
-
-
12 760
total
-
-
-
54 823
Employee

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

34 536
-
123 000
-
income

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

965
-
34 023
-
surtax

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

53
-
1 871
-
health

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

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

6 169
-
6 169
-
total
7 187
-
42 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 464
123 000
-
-
trade
13 933
19 373
-
-
income
13 269
18 449
-
-
chamber of commerce
264
314
-
-
surtax

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

730
1 014
-
-
total
28 196
39 150
-
-
Dividends
60 268
83 850
-
-
withholding
14 724
20 619
-
-
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.

810
1 134
-
-
total
15 534
21 753
-
-
Income
123 000
123 000
123 000
123 000
Total tax
50 917
60 903
42 063
54 823
After tax
72 083
62 097
80 937
68 177
Living cost
27 349
27 349
27 349
27 349
Free-cash
44 734
34 748
53 588
40 828

Estimated living cost  is ₽27349 per week

₽17204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
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
₽32138
₽38678
₽45466
₽25995
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
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.

-
-
-
1 871
health

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

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

-
-
-
6 169
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.

-
-
-
34 023
trade
-
-
-
13 328
total
-
-
-
55 391
Employee

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

45 790
-
123 000
-
income

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

3 934
-
34 023
-
surtax

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

216
-
1 871
-
health

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

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

6 169
-
6 169
-
total
10 319
-
42 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 210
123 000
-
-
trade
12 701
20 233
-
-
income
11 582
18 449
-
-
chamber of commerce
247
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.

637
1 014
-
-
total
25 167
40 008
-
-
Dividends
52 044
82 991
-
-
withholding
12 668
20 404
-
-
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.

697
1 122
-
-
total
13 365
21 526
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 851
61 534
42 063
55 391
After tax
74 149
61 466
80 937
67 609
Living cost
35 471
35 471
35 471
35 471
Free-cash
38 678
25 995
45 466
32 138

Estimated living cost  is ₽35471 per week

₽23723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
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.
₽7478
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
₽25678
₽34110
₽39573
₽19468
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
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.

-
-
-
1 871
health

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

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

-
-
-
6 169
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.

-
-
-
34 023
trade
-
-
-
13 895
total
-
-
-
55 958
Employee

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

54 265
-
123 000
-
income

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

6 381
-
34 023
-
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.

351
-
1 871
-
health

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

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

6 169
-
6 169
-
total
12 901
-
42 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 735
123 000
-
-
trade
11 787
21 095
-
-
income
10 310
18 449
-
-
chamber of commerce
233
310
-
-
surtax

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

567
1 014
-
-
total
22 897
40 868
-
-
Dividends
45 837
82 131
-
-
withholding
11 116
20 190
-
-
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.

612
1 110
-
-
total
11 728
21 300
-
-
Income
123 000
123 000
123 000
123 000
Total tax
47 526
62 168
42 063
55 958
After tax
75 474
60 832
80 937
67 042
Living cost
41 364
41 364
41 364
41 364
Free-cash
34 110
19 468
39 573
25 678

Estimated living cost  is ₽41364 per week

₽30211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
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
₽38082
₽54214
₽35722
₽57087
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
surtax
-
-
-
3 891
unemployment
-
-
-
206
health
-
-
-
8 556
pensions
-
-
-
24 102
income
-
-
-
27 882
other
-
-
-
-
total
-
-
-
64 637
Employee
30 408
-
101 610
-
unemployment
2 116
-
7 072
-
other
-
-
-
-
income
5 098
-
25 648
-
surtax
108
-
3 520
-
pensions
2 029
-
6 777
-
health
776
-
2 591
-
total
10 127
-
45 608
-
Employer
30 408
-
101 610
-
pensions
4 054
-
13 545
-
other
-
-
-
-
health
1 383
-
4 623
-
unemployment
965
-
3 221
-
total
6 402
-
21 389
-
Corporate
86 190
123 000
-
-
income
22 409
31 979
-
-
total
22 409
31 979
-
-
Dividends
63 781
91 021
-
-
withholding
9 567
13 653
-
-
total
9 567
13 653
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 505
45 632
66 997
64 637
After tax
74 495
77 368
56 003
58 363
Living cost
20 281
20 281
20 281
20 281
Free-cash
54 214
57 087
35 722
38 082

Estimated living cost  is ₽20281 per week

₽12245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽5804
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
₽38438
₽54633
₽36078
₽57443
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
surtax
-
-
-
3 891
unemployment
-
-
-
206
health
-
-
-
8 556
pensions
-
-
-
24 102
income
-
-
-
27 882
other
-
-
-
-
total
-
-
-
64 637
Employee
29 860
-
101 610
-
unemployment
2 078
-
7 072
-
other
-
-
-
-
income
5 005
-
25 648
-
surtax
98
-
3 520
-
pensions
1 991
-
6 777
-
health
763
-
2 591
-
total
9 935
-
45 608
-
Employer
29 860
-
101 610
-
pensions
3 980
-
13 545
-
other
-
-
-
-
health
1 359
-
4 623
-
unemployment
946
-
3 221
-
total
6 285
-
21 389
-
Corporate
86 855
123 000
-
-
income
22 582
31 979
-
-
total
22 582
31 979
-
-
Dividends
64 273
91 021
-
-
withholding
9 640
13 653
-
-
total
9 640
13 653
-
-
Income
123 000
123 000
123 000
123 000
Total tax
48 442
45 632
66 997
64 637
After tax
74 558
77 368
56 003
58 363
Living cost
19 925
19 925
19 925
19 925
Free-cash
54 633
57 443
36 078
38 438

Estimated living cost  is ₽19925 per week

₽12183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽5444
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
₽67230
₽51598
₽53326
₽51224
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.

25 952
10 328
102 929
-
unemployment
389
155
1 544
-
income
3 173
1 263
12 583
-
pensions
2 595
1 033
10 293
-
health
1 817
723
7 205
-
total
7 974
3 174
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.

25 952
10 328
102 929
-
pensions
5 061
2 014
20 071
-
total
5 061
2 014
20 071
-
Corporate
91 988
110 658
-
-
income
8 279
9 959
-
-
total
8 279
9 959
-
-
Dividends
83 709
100 698
-
-
withholding
15 905
19 133
-
-
social contributions
16 205
19 518
-
-
total
32 110
38 651
-
-
Income
123 000
123 000
123 000
123 000
Total tax
53 424
53 798
51 696
37 792
After tax
69 576
69 202
71 304
85 208
Living cost
17 978
17 978
17 978
17 978
Free-cash
51 598
51 224
53 326
67 230

Estimated living cost  is ₽17978 per week

₽12269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽359
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.
₽3879
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
₽29358
₽32296
₽30323
₽33024
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
national
-
-
-
20 562
pensions
-
-
-
14 760
social contributions
-
-
-
1 322
municipal
-
-
-
13 270
total
-
-
-
49 914
Employee
67 786
-
106 332
-
municipal
8 373
-
13 746
-
national
12 974
-
21 300
-
pensions
2 711
-
4 253
-
total
24 058
-
39 299
-
Employer
67 786
-
106 332
-
pensions
5 423
-
8 507
-
social contributions
729
-
1 143
-
total
6 152
-
9 650
-
Corporate
44 589
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%.

8 918
24 600
-
-
total
8 918
24 600
-
-
Dividends
35 671
98 400
-
-
withholding
7 848
21 648
-
-
total
7 848
21 648
-
-
Income
123 000
123 000
123 000
123 000
Total tax
46 976
46 248
48 949
49 914
After tax
76 024
76 752
74 051
73 086
Living cost
43 728
43 728
43 728
43 728
Free-cash
32 296
33 024
30 323
29 358

Estimated living cost  is ₽43728 per week

₽29721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
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.
₽9287
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
₽17603
₽36656
₽17603
₽34664
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
-
-
-
19 686
income
-
-
-
34 275
total
-
-
-
53 961
Employee
70 630
-
123 000
-
social contributions
5 868
-
19 686
-
income
13 328
-
34 275
-
total
19 196
-
53 961
-
Employer
70 630
-
123 000
-
total
-
-
-
-
Corporate
52 370
123 000
-
-
income
6 546
15 375
-
-
total
6 546
15 375
-
-
Dividends
45 824
107 625
-
-
withholding
9 166
21 525
-
-
total
9 166
21 525
-
-
Income
123 000
123 000
123 000
123 000
Total tax
34 908
36 900
53 961
53 961
After tax
88 092
86 100
69 039
69 039
Living cost
51 436
51 436
51 436
51 436
Free-cash
36 656
34 664
17 603
17 603

Estimated living cost  is ₽51436 per week

₽39131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7622
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
₽22704
₽22811
₽16851
₽27524
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
national
-
-
-
28 413
regional
-
-
-
1 415
social contributions
-
-
-
31 635
municipal
-
-
-
732
total
-
-
-
62 195
Employee
80 248
-
123 000
-
municipal
425
-
653
-
national
13 905
-
24 674
-
social contributions
27 060
-
41 475
-
regional
757
-
1 246
-
total
42 147
-
68 048
-
Employer
80 248
-
123 000
-
total
-
-
-
-
Corporate
42 752
123 000
-
-
nationa
10 260
29 520
-
-
municipal
1 667
4 798
-
-
total
11 927
34 318
-
-
Dividends
30 824
88 682
-
-
withholding
8 014
23 057
-
-
total
8 014
23 057
-
-
Income
123 000
123 000
123 000
123 000
Total tax
62 088
57 375
68 048
62 195
After tax
60 912
65 625
54 952
60 805
Living cost
38 101
38 101
38 101
38 101
Free-cash
22 811
27 524
16 851
22 704

Estimated living cost  is ₽38101 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
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.
₽8458
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
₽36042
₽38325
₽30221
₽40327
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
national
-
-
-
28 413
regional
-
-
-
1 855
social contributions
-
-
-
31 635
municipal
-
-
-
732
total
-
-
-
62 635
Employee
50 088
-
123 000
-
municipal
266
-
653
-
national
7 935
-
24 674
-
social contributions
16 890
-
41 475
-
regional
674
-
1 654
-
total
25 765
-
68 456
-
Employer
50 088
-
123 000
-
total
-
-
-
-
Corporate
72 912
123 000
-
-
nationa