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
₽ 123500
per

Your estimated
City
free-cash

Andorra , Andorra
₽86210
₽70076
₽66796
₽83423
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
-
-
-
123 500
social contributions
-
-
-
27 170
income
-
-
-
4 594
total
-
-
-
31 764
Employee
26 673
-
106 926
-
social contributions
1 733
-
6 950
-
income
-
-
4 960
-
total
1 733
-
11 910
-
Employer
26 673
-
106 926
-
social contributions
4 135
-
16 574
-
total
4 135
-
16 574
-
Corporate
92 692
123 500
-
-
income
9 269
12 350
-
-
total
9 269
12 350
-
-
Dividends
83 424
111 150
-
-
total
-
-
-
-
Income
123 500
123 500
123 500
123 500
Total tax
15 137
12 350
28 484
31 764
After tax
108 363
111 150
95 016
91 736
Living cost
24 940
24 940
24 940
24 940
Free-cash
83 423
86 210
70 076
66 796

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
₽42169
₽5810
₽36935
₽41758
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
-
-
-
123 500
chamber of commerce
-
-
-
494
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
29 168
surtax
-
-
-
-
total
-
-
-
60 096
Employee
36 267
33 064
95 900
-
health
1 403
1 280
3 711
-
pensions
3 714
3 385
9 820
-
other
362
331
959
-
unemployment
1 088
992
2 877
-
income
3 231
2 439
23 066
-
total
9 798
8 427
40 433
-
Employer
36 267
33 064
95 900
-
pensions
4 552
4 150
12 035
-
accident
471
430
1 247
-
unemployment
1 088
992
2 877
-
surtax
-
-
-
-
payroll
1 088
992
2 877
-
chamber of commerce
145
132
384
-
health
1 371
1 250
3 624
-
other
1 722
1 570
4 555
-
total
10 437
9 516
27 599
-
Corporate
76 796
80 920
92 752
-
income

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

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

19 199
20 230
23 189
-
total
19 199
20 230
23 189
-
Dividends
57 597
60 690
-
-
withholding
15 839
16 689
-
-
total
15 839
16 689
-
-
Income
123 500
123 500
123 500
123 500
Total tax
55 273
54 862
91 221
60 096
After tax
68 227
68 638
32 279
63 404
Living cost
26 469
26 469
26 469
26 469
Free-cash
41 758
42 169
5 810
36 935

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
₽39314
₽3019
₽34006
₽38031
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
-
-
-
123 500
chamber of commerce
-
-
-
494
unemployment
-
-
-
5 089
health
-
-
-
7 414
pensions
-
-
-
17 931
income
-
-
-
29 168
surtax
-
-
-
164
total
-
-
-
60 260
Employee
41 463
33 064
95 774
-
health
1 604
1 280
3 706
-
pensions
4 246
3 385
9 807
-
other
414
331
957
-
unemployment
1 244
992
2 873
-
income
4 720
2 439
23 022
-
total
12 228
8 427
40 365
-
Employer
41 463
33 064
95 774
-
pensions
5 204
4 150
12 019
-
accident
538
430
1 245
-
unemployment
1 244
992
2 873
-
surtax
164
164
164
-
payroll
1 244
992
2 873
-
chamber of commerce
165
132
383
-
health
1 567
1 250
3 620
-
other
1 970
1 570
4 549
-
total
12 096
9 680
27 726
-
Corporate
69 942
80 757
92 625
-
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.

17 486
20 189
23 156
-
total
17 486
20 189
23 156
-
Dividends
52 456
60 567
-
-
withholding
14 425
16 656
-
-
total
14 425
16 656
-
-
Income
123 500
123 500
123 500
123 500
Total tax
56 235
54 952
91 247
60 260
After tax
67 265
68 548
32 253
63 240
Living cost
29 234
29 234
29 234
29 234
Free-cash
38 031
39 314
3 019
34 006

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
₽38866
₽14491
₽23749
₽26423
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
-
-
-
123 500
social contributions
-
-
-
19 310
communal

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

-
-
-
6 252
national
-
-
-
43 938
total
-
-
-
69 500
Employee

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

59 347
-
95 653
-
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
-
4 497
-
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
-
7 173
-
communal

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

3 095
-
4 989
-
national
18 246
-
33 418
-
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
-
833
-
total
29 096
-
50 910
-
Employer

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

59 347
-
95 653
-
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
-
1 244
-
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
-
1 397
-
surtax
6 729
-
10 848
-
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
-
5 884
-
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
-
8 475
-
total
17 275
-
27 848
-
Corporate
46 878
123 500
-
-
surtax
187
494
-
-
income
9 376
24 700
-
-
total
9 563
25 194
-
-
Dividends
37 315
98 306
-
-
withholding

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

10 892
29 189
-
-
total
10 892
29 189
-
-
Income
123 500
123 500
123 500
123 500
Total tax
66 826
54 383
78 758
69 500
After tax
56 674
69 117
44 742
54 000
Living cost
30 251
30 251
30 251
30 251
Free-cash
26 423
38 866
14 491
23 749

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
₽91329
₽87578
₽82979
₽86276
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
-
-
-
123 500
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 525
total
-
-
-
26 258
Employee
18 887
-
117 818
-
accident

We are using the highest rate at 1.1%.

208
-
319
-
health
869
-
1 332
-
pensions

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

1 658
-
2 543
-
income
1 889
-
11 782
-
total
4 624
-
15 976
-
Employer
18 887
-
117 818
-
accident

We are using the highest rate at 1.1%.

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

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

2 081
-
3 192
-
total
3 705
-
5 683
-
Corporate
100 907
123 500
-
-
income
10 091
12 350
-
-
total
10 091
12 350
-
-
Dividends
90 816
111 150
-
-
withholding
4 541
5 558
-
-
total
4 541
5 558
-
-
Income
123 500
123 500
123 500
123 500
Total tax
22 961
17 908
21 659
26 258
After tax
100 539
105 592
101 841
97 242
Living cost
14 263
14 263
14 263
14 263
Free-cash
86 276
91 329
87 578
82 979

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
₽94721
₽90970
₽86371
₽90870
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
-
-
-
123 500
unemployment
-
-
-
116
health
-
-
-
3 331
pensions

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

-
-
-
4 286
income
-
-
-
18 525
total
-
-
-
26 258
Employee
14 395
-
117 818
-
accident

We are using the highest rate at 1.1%.

158
-
319
-
health
662
-
1 332
-
pensions

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

1 264
-
2 543
-
income
1 439
-
11 782
-
total
3 523
-
15 976
-
Employer
14 395
-
117 818
-
accident

We are using the highest rate at 1.1%.

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

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

1 587
-
3 192
-
total
2 825
-
5 683
-
Corporate
106 280
123 500
-
-
income
10 628
12 350
-
-
total
10 628
12 350
-
-
Dividends
95 653
111 150
-
-
withholding
4 783
5 558
-
-
total
4 783
5 558
-
-
Income
123 500
123 500
123 500
123 500
Total tax
21 759
17 908
21 659
26 258
After tax
101 741
105 592
101 841
97 242
Living cost
10 871
10 871
10 871
10 871
Free-cash
90 870
94 721
90 970
86 371

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
₽70957
₽65189
₽66337
₽66442
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
-
-
-
123 500
social contributions
-
-
-
13 424
health
-
-
-
3 149
income
-
-
-
21 381
total
-
-
-
37 954
Employee
63 798
63 798
114 245
-
health
494
1 085
1 943
-
social contributions
2 412
5 295
7 142
-
income
6 947
5 906
20 762
-
total
9 853
12 286
29 847
-
Employer
63 798
63 798
114 245
-
social contributions
2 412
5 295
7 142
-
health
537
1 181
2 113
-
total
2 949
6 476
9 255
-
Corporate
91 489
53 227
-
-
income
11 437
6 654
-
-
total
11 437
6 654
-
-
Dividends
80 052
46 573
-
-
withholding
13 610
7 918
-
-
total
13 610
7 918
-
-
Income
123 500
123 500
123 500
123 500
Total tax
37 849
33 334
39 102
37 954
After tax
85 651
90 166
84 398
85 546
Living cost
19 209
19 209
19 209
19 209
Free-cash
66 442
70 957
65 189
66 337

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
₽63256
₽57488
₽58636
₽59818
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
-
-
-
123 500
social contributions
-
-
-
13 424
health
-
-
-
3 149
income
-
-
-
21 381
total
-
-
-
37 954
Employee
63 798
63 798
114 245
-
health
635
1 085
1 943
-
social contributions
3 100
5 295
7 142
-
income
6 699
5 906
20 762
-
total
10 434
12 286
29 847
-
Employer
63 798
63 798
114 245
-
social contributions
3 100
5 295
7 142
-
health
691
1 181
2 113
-
total
3 791
6 476
9 255
-
Corporate
82 364
53 227
-
-
income
10 295
6 654
-
-
total
10 295
6 654
-
-
Dividends
72 069
46 573
-
-
withholding
12 252
7 918
-
-
total
12 252
7 918
-
-
Income
123 500
123 500
123 500
123 500
Total tax
36 772
33 334
39 102
37 954
After tax
86 728
90 166
84 398
85 546
Living cost
26 910
26 910
26 910
26 910
Free-cash
59 818
63 256
57 488
58 636

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
₽65507
₽43148
₽47401
₽58542
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
-
-
-
123 500
social contributions
-
-
-
28 093
health
-
-
-
16 673
solidarity contribution
-
-
-
-
income
-
-
-
11 810
total
-
-
-
56 576
Employee
28 710
-
92 164
-
health
3 876
-
12 442
-
social contributions
1 866
-
5 991
-
solidarity contribution
-
-
-
-
income
3 445
-
11 060
-
total
9 187
-
29 493
-
Employer
28 710
-
92 164
-
social contributions
7 178
-
23 041
-
health
2 584
-
8 295
-
total
9 762
-
31 336
-
Corporate
85 028
123 500
-
-
income
16 155
23 465
-
-
total
16 155
23 465
-
-
Dividends
68 873
100 035
-
-
withholding
10 331
15 005
-
-
total
10 331
15 005
-
-
Income
123 500
123 500
123 500
123 500
Total tax
45 435
38 470
60 829
56 576
After tax
78 065
85 030
62 671
66 924
Living cost
19 523
19 523
19 523
19 523
Free-cash
58 542
65 507
43 148
47 401

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
₽60973
₽38614
₽42867
₽52390
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
-
-
-
123 500
social contributions
-
-
-
28 093
health
-
-
-
16 673
solidarity contribution
-
-
-
-
income
-
-
-
11 810
total
-
-
-
56 576
Employee
35 378
-
92 164
-
health
4 776
-
12 442
-
social contributions
2 300
-
5 991
-
solidarity contribution
-
-
-
-
income
4 245
-
11 060
-
total
11 321
-
29 493
-
Employer
35 378
-
92 164
-
social contributions
8 845
-
23 041
-
health
3 184
-
8 295
-
total
12 029
-
31 336
-
Corporate
76 093
123 500
-
-
income
14 458
23 465
-
-
total
14 458
23 465
-
-
Dividends
61 635
100 035
-
-
withholding
9 245
15 005
-
-
total
9 245
15 005
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 053
38 470
60 829
56 576
After tax
76 447
85 030
62 671
66 924
Living cost
24 057
24 057
24 057
24 057
Free-cash
52 390
60 973
38 614
42 867

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
-₽57754
-₽57754
₽34104
-₽57754
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
-
-
-
123 500
labour market
-
-
-
9 822
municipal
-
-
-
25 042
pensions
-
-
-
721
national
-
-
-
13 746
total
-
-
-
49 331
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
123 500
123 500
123 500
123 500
Total tax
141 189
141 189
141 189
49 331
After tax
-17 689
-17 689
-17 689
74 169
Living cost
40 065
40 065
40 065
40 065
Free-cash
-57 754
-57 754
-57 754
34 104

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
₽78760
₽51144
₽46156
₽73605
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
-
-
-
123 500
health
-
-
-
16 055
pensions
-
-
-
24 700
income
-
-
-
16 549
total
-
-
-
57 304
Employee
23 536
-
92 302
-
pensions
471
-
1 845
-
unemployment
376
-
1 477
-
income
2 650
-
17 796
-
total
3 497
-
21 118
-
Employer
23 536
-
92 302
-
pensions
4 708
-
18 461
-
unemployment
189
-
738
-
health
3 059
-
11 999
-
total
7 956
-
31 198
-
Corporate
92 008
123 500
-
-
income
18 402
24 700
-
-
total
18 402
24 700
-
-
Dividends
73 606
98 800
-
-
total
-
-
-
-
Income
123 500
123 500
123 500
123 500
Total tax
29 855
24 700
52 316
57 304
After tax
93 645
98 800
71 184
66 196
Living cost
20 040
20 040
20 040
20 040
Free-cash
73 605
78 760
51 144
46 156

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
₽46943
₽34372
₽51095
₽48483
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

-
-
-
123 500
health
-
-
-
1 556
municipal
-
-
-
21 949
national
-
-
-
17 047
total
-
-
-
40 552
Employee
43 651
-
103 895
-
health
326
-
1 253
-
municipal
7 150
-
16 933
-
pensions
2 946
-
7 013
-
national
721
-
10 912
-
unemployment
655
-
1 559
-
total
11 798
-
37 670
-
Employer
43 651
-
103 895
-
accident
44
-
104
-
unemployment
283
-
675
-
health
335
-
800
-
pensions
7 573
-
18 026
-
total
8 235
-
19 605
-
Corporate
71 613
123 500
-
-
income
14 323
24 700
-
-
total
14 323
24 700
-
-
Dividends

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

42 968
74 100
-
-
municipal
7 734
13 337
-
-
national
1 074
6 667
-
-
total
8 808
20 004
-
-
Income
123 500
123 500
123 500
123 500
Total tax
43 164
44 704
57 275
40 552
After tax
80 336
78 796
66 225
82 948
Living cost
31 853
31 853
31 853
31 853
Free-cash
48 483
46 943
34 372
51 095

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
₽36671
₽44828
₽44387
₽41282
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
-
-
-
123 500
social contributions
-
-
-
3 519
health
-
-
-
4 516
pensions
-
-
-
24 181
other
-
-
-
3 829
income
-
-
-
17 495
surtax
-
-
-
-
total
-
-
-
53 540
Employee
31 696
-
96 963
-
income
1 634
-
17 629
-
social contributions
904
-
2 763
-
pensions
3 585
-
6 169
-
surtax
-
-
-
-
total
6 123
-
26 561
-
Employer
31 696
-
96 963
-
pensions
5 208
-
10 488
-
social contributions
94
-
291
-
unemployment
1 283
-
3 927
-
health
2 218
-
8 294
-
other
1 094
-
3 538
-
total
9 897
-
26 538
-
Corporate
81 905
123 500
-
-
surtax
-
-
-
-
income
22 934
34 580
-
-
total
22 934
34 580
-
-
Dividends
58 971
88 920
-
-
surtax
-
-
-
-
withholding
7 548
11 382
-
-
social contributions
10 143
15 294
-
-
total
17 691
26 676
-
-
Income
123 500
123 500
123 500
123 500
Total tax
56 645
61 256
53 099
53 540
After tax
66 855
62 244
70 401
69 960
Living cost
25 573
25 573
25 573
25 573
Free-cash
41 282
36 671
44 828
44 387

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
₽33858
₽42015
₽41574
₽38760
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
-
-
-
123 500
social contributions
-
-
-
3 519
health
-
-
-
4 516
pensions
-
-
-
24 181
other
-
-
-
3 829
income
-
-
-
17 495
surtax
-
-
-
-
total
-
-
-
53 540
Employee
35 509
-
96 963
-
income
2 096
-
17 629
-
social contributions
1 012
-
2 763
-
pensions
4 015
-
6 169
-
surtax
-
-
-
-
total
7 123
-
26 561
-
Employer
35 509
-
96 963
-
pensions
5 833
-
10 488
-
social contributions
107
-
291
-
unemployment
1 437
-
3 927
-
health
2 486
-
8 294
-
other
1 225
-
3 538
-
total
11 088
-
26 538
-
Corporate
76 902
123 500
-
-
surtax
-
-
-
-
income
21 532
34 580
-
-
total
21 532
34 580
-
-
Dividends
55 370
88 920
-
-
surtax
-
-
-
-
withholding
7 087
11 382
-
-
social contributions
9 524
15 294
-
-
total
16 611
26 676
-
-
Income
123 500
123 500
123 500
123 500
Total tax
56 354
61 256
53 099
53 540
After tax
67 146
62 244
70 401
69 960
Living cost
28 386
28 386
28 386
28 386
Free-cash
38 760
33 858
42 015
41 574

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
₽22172
₽30329
₽29888
₽27876
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
-
-
-
123 500
social contributions
-
-
-
3 519
health
-
-
-
4 516
pensions
-
-
-
24 181
other
-
-
-
3 829
income
-
-
-
17 495
surtax
-
-
-
-
total
-
-
-
53 540
Employee
51 964
-
96 963
-
income
4 534
-
17 629
-
social contributions
1 480
-
2 763
-
pensions
5 877
-
6 169
-
surtax
-
-
-
-
total
11 891
-
26 561
-
Employer
51 964
-
96 963
-
pensions
8 538
-
10 488
-
social contributions
156
-
291
-
unemployment
2 105
-
3 927
-
health
3 637
-
8 294
-
other
1 793
-
3 538
-
total
16 229
-
26 538
-
Corporate
55 307
123 500
-
-
surtax
-
-
-
-
income
15 486
34 580
-
-
total
15 486
34 580
-
-
Dividends
39 820
88 920
-
-
surtax
-
-
-
-
withholding
5 097
11 382
-
-
social contributions
6 849
15 294
-
-
total
11 946
26 676
-
-
Income
123 500
123 500
123 500
123 500
Total tax
55 552
61 256
53 099
53 540
After tax
67 948
62 244
70 401
69 960
Living cost
40 072
40 072
40 072
40 072
Free-cash
27 876
22 172
30 329
29 888

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
₽111468
₽92943
₽116408
₽110370
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%.

-
-
-
123 500
microenterprise

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

-
-
-
1 235
total
-
-
-
1 235
Employee
7 321
-
123 500
-
income
1 464
-
24 700
-
total
1 464
-
24 700
-
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%.

116 179
123 500
-
-
total
-
-
-
-
Dividends
116 179
123 500
-
-
withholding
5 809
6 175
-
-
total
5 809
6 175
-
-
Income
123 500
123 500
123 500
123 500
Total tax
7 273
6 175
24 700
1 235
After tax
116 227
117 325
98 800
122 265
Living cost
5 857
5 857
5 857
5 857
Free-cash
110 370
111 468
92 943
116 408

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
₽108198
₽89673
₽113138
₽106486
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%.

-
-
-
123 500
microenterprise

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

-
-
-
1 235
total
-
-
-
1 235
Employee
11 409
-
123 500
-
income
2 282
-
24 700
-
total
2 282
-
24 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 091
123 500
-
-
total
-
-
-
-
Dividends
112 091
123 500
-
-
withholding
5 605
6 175
-
-
total
5 605
6 175
-
-
Income
123 500
123 500
123 500
123 500
Total tax
7 887
6 175
24 700
1 235
After tax
115 613
117 325
98 800
122 265
Living cost
9 127
9 127
9 127
9 127
Free-cash
106 486
108 198
89 673
113 138

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
₽31565
₽48174
₽35988
₽42418
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.

-
-
-
123 500
health

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

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

-
-
-
5 668
trade
-
-
-
12 186
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.

-
-
-
35 665
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.

-
-
-
1 962
total
-
-
-
55 481
Employee

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

41 281
-
123 500
-
health

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

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

5 668
-
5 668
-
surtax

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

187
-
1 962
-
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
-
35 665
-
total
9 250
-
43 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 219
123 500
-
-
trade
11 799
17 722
-
-
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.

679
1 019
-
-
chamber of commerce
247
307
-
-
income
12 333
18 525
-
-
total
25 058
37 573
-
-
Dividends
57 161
85 927
-
-
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.

768
1 164
-
-
withholding
13 975
21 167
-
-
total
14 743
22 331
-
-
Income
123 500
123 500
123 500
123 500
Total tax
49 051
59 904
43 295
55 481
After tax
74 449
63 596
80 205
68 019
Living cost
32 031
32 031
32 031
32 031
Free-cash
42 418
31 565
48 174
35 988

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
₽37195
₽55075
₽41698
₽46373
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.

-
-
-
123 500
health

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

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

-
-
-
5 668
trade
-
-
-
13 377
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.

-
-
-
35 665
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.

-
-
-
1 962
total
-
-
-
56 672
Employee

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

31 733
-
123 500
-
health

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

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

5 668
-
5 668
-
surtax

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

49
-
1 962
-
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
-
35 665
-
total
6 603
-
43 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 767
123 500
-
-
trade
14 454
19 451
-
-
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.

757
1 019
-
-
chamber of commerce
258
304
-
-
income
13 765
18 525
-
-
total
29 234
39 299
-
-
Dividends
62 532
84 202
-
-
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.

842
1 140
-
-
withholding
15 318
20 736
-
-
total
16 160
21 876
-
-
Income
123 500
123 500
123 500
123 500
Total tax
51 997
61 175
43 295
56 672
After tax
71 503
62 325
80 205
66 828
Living cost
25 130
25 130
25 130
25 130
Free-cash
46 373
37 195
55 075
41 698

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
₽29097
₽47612
₽33642
₽40756
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.

-
-
-
123 500
health

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

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

-
-
-
5 668
trade
-
-
-
13 970
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.

-
-
-
35 665
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.

-
-
-
1 962
total
-
-
-
57 265
Employee

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

42 074
-
123 500
-
health

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

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

5 668
-
5 668
-
surtax

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

198
-
1 962
-
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
-
35 665
-
total
9 481
-
43 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 426
123 500
-
-
trade
13 394
20 315
-
-
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.

672
1 019
-
-
chamber of commerce
242
302
-
-
income
12 215
18 525
-
-
total
26 523
40 161
-
-
Dividends
54 902
83 339
-
-
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.

737
1 129
-
-
withholding
13 410
20 520
-
-
total
14 147
21 649
-
-
Income
123 500
123 500
123 500
123 500
Total tax
50 151
61 810
43 295
57 265
After tax
73 349
61 690
80 205
66 235
Living cost
32 593
32 593
32 593
32 593
Free-cash
40 756
29 097
47 612
33 642

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
₽23049
₽42197
₽27632
₽36501
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.

-
-
-
123 500
health

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

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

-
-
-
5 668
trade
-
-
-
14 565
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.

-
-
-
35 665
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.

-
-
-
1 962
total
-
-
-
57 860
Employee

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

49 862
-
123 500
-
health

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

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

5 668
-
5 668
-
surtax

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

323
-
1 962
-
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
-
35 665
-
total
11 854
-
43 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 638
123 500
-
-
trade
12 629
21 180
-
-
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.

608
1 019
-
-
chamber of commerce
230
299
-
-
income
11 046
18 525
-
-
total
24 513
41 023
-
-
Dividends
49 126
82 478
-
-
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.

658
1 116
-
-
withholding
11 966
20 304
-
-
total
12 624
21 420
-
-
Income
123 500
123 500
123 500
123 500
Total tax
48 991
62 443
43 295
57 860
After tax
74 509
61 057
80 205
65 640
Living cost
38 008
38 008
38 008
38 008
Free-cash
36 501
23 049
42 197
27 632

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
₽59047
₽36272
₽39971
₽56409
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
-
-
-
123 500
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
30 335
surtax
-
-
-
4 363
total
-
-
-
64 894
Employee
27 940
-
102 024
-
health
713
-
2 601
-
pensions
1 864
-
6 805
-
surtax
99
-
3 779
-
other
-
-
-
-
unemployment
1 944
-
7 101
-
income
4 684
-
26 832
-
total
9 304
-
47 118
-
Employer
27 940
-
102 024
-
pensions
3 725
-
13 600
-
unemployment
886
-
3 234
-
health
1 271
-
4 641
-
other
-
-
-
-
total
5 882
-
21 475
-
Corporate
89 677
123 500
-
-
income
23 316
32 109
-
-
total
23 316
32 109
-
-
Dividends
66 361
91 391
-
-
withholding
9 954
13 709
-
-
total
9 954
13 709
-
-
Income
123 500
123 500
123 500
123 500
Total tax
48 456
45 818
68 593
64 894
After tax
75 044
77 682
54 907
58 606
Living cost
18 635
18 635
18 635
18 635
Free-cash
56 409
59 047
36 272
39 971

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
₽59374
₽36599
₽40298
₽56791
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
-
-
-
123 500
unemployment
-
-
-
189
health
-
-
-
7 861
pensions
-
-
-
22 146
other
-
-
-
-
income
-
-
-
30 335
surtax
-
-
-
4 363
total
-
-
-
64 894
Employee
27 437
-
102 024
-
health
701
-
2 601
-
pensions
1 830
-
6 805
-
surtax
90
-
3 779
-
other
-
-
-
-
unemployment
1 910
-
7 101
-
income
4 599
-
26 832
-
total
9 130
-
47 118
-
Employer
27 437
-
102 024
-
pensions
3 657
-
13 600
-
unemployment
869
-
3 234
-
health
1 249
-
4 641
-
other
-
-
-
-
total
5 775
-
21 475
-
Corporate
90 288
123 500
-
-
income
23 475
32 109
-
-
total
23 475
32 109
-
-
Dividends
66 813
91 391
-
-
withholding
10 021
13 709
-
-
total
10 021
13 709
-
-
Income
123 500
123 500
123 500
123 500
Total tax
48 401
45 818
68 593
64 894
After tax
75 099
77 682
54 907
58 606
Living cost
18 308
18 308
18 308
18 308
Free-cash
56 791
59 374
36 599
40 298

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
₽53174
₽55321
₽69282
₽53513
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
-
-
-
123 500
unemployment
-
-
-
1 852
health
-
-
-
8 645
pensions
-
-
-
12 350
income
-
-
-
15 098
total
-
-
-
37 945
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
103 347
-
health
1 644
654
7 234
-
pensions
2 349
935
10 335
-
unemployment
352
140
1 550
-
income
2 872
1 143
12 634
-
total
7 217
2 872
31 753
-
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
103 347
-
pensions
4 581
1 823
20 153
-
total
4 581
1 823
20 153
-
Corporate
95 429
112 328
-
-
income
8 589
10 110
-
-
total
8 589
10 110
-
-
Dividends
86 840
102 218
-
-
withholding
16 500
19 422
-
-
social contributions
16 827
19 826
-
-
total
33 327
39 248
-
-
Income
123 500
123 500
123 500
123 500
Total tax
53 714
54 053
51 906
37 945
After tax
69 786
69 447
71 594
85 555
Living cost
16 273
16 273
16 273
16 273
Free-cash
53 513
53 174
55 321
69 282

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
₽35181
₽32342
₽31373
₽34484
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
-
-
-
123 500
social contributions
-
-
-
1 328
municipal
-
-
-
13 373
pensions
-
-
-
14 820
national
-
-
-
20 723
total
-
-
-
50 244
Employee
64 927
-
106 765
-
municipal
8 020
-
13 851
-
pensions
2 597
-
4 271
-
national
12 427
-
21 464
-
total
23 044
-
39 586
-
Employer
64 927
-
106 765
-
social contributions
698
-
1 148
-
pensions
5 194
-
8 541
-
total
5 892
-
9 689
-
Corporate
48 396
123 500
-
-
income

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

9 679
24 700
-
-
total
9 679
24 700
-
-
Dividends
38 717
98 800
-
-
withholding
8 518
21 736
-
-
total
8 518
21 736
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 133
46 436
49 275
50 244
After tax
76 367
77 064
74 225
73 256
Living cost
41 883
41 883
41 883
41 883
Free-cash
34 484
35 181
32 342
31 373

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
₽39187
₽20471
₽20471
₽41020
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
-
-
-
123 500
social contributions
-
-
-
20 080
income
-
-
-
35 687
total
-
-
-
55 767
Employee
64 899
-
123 500
-
social contributions
5 392
-
20 080
-
income
12 246
-
35 687
-
total
17 638
-
55 767
-
Employer
64 899
-
123 500
-
total
-
-
-
-
Corporate
58 601
123 500
-
-
income
7 324
15 438
-
-
total
7 324
15 438
-
-
Dividends
51 277
108 062
-
-
withholding
10 256
21 613
-
-
total
10 256
21 613
-
-
Income
123 500
123 500
123 500
123 500
Total tax
35 218
37 051
55 767
55 767
After tax
88 282
86 449
67 733
67 733
Living cost
47 262
47 262
47 262
47 262
Free-cash
41 020
39 187
20 471
20 471

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
₽30883
₽19617
₽25339
₽26550
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
-
-
-
123 500
regional
-
-
-
1 433
social contributions
-
-
-
31 765
municipal
-
-
-
734
national
-
-
-
29 220
total
-
-
-
63 152
Employee
73 736
-
123 500
-
regional
696
-
1 264
-
municipal
390
-
655
-
social contributions
24 864
-
41 644
-
national
12 777
-
25 311
-
total
38 727
-
68 874
-
Employer
73 736
-
123 500
-
total
-
-
-
-
Corporate
49 764
123 500
-
-
nationa
11 944
29 641
-
-
municipal
1 941
4 816
-
-
total
13 885
34 457
-
-
Dividends
35 879
89 043
-
-
withholding
9 329
23 151
-
-
total
9 329
23 151
-
-
Income
123 500
123 500
123 500
123 500
Total tax
61 941
57 608
68 874
63 152
After tax
61 559
65 892
54 626
60 348
Living cost
35 009
35 009
35 009
35 009
Free-cash
26 550
30 883
19 617
25 339

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
₽42564
₽31878
₽37569
₽40722
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
-
-
-
123 500
regional
-
-
-
1 862
social contributions
-
-
-
31 765
municipal
-
-
-
734
national
-
-
-
29 220
total
-
-
-
63 581
Employee
46 023
-
123 500
-
regional
620
-
1 662
-
municipal
244
-
655
-
social contributions
15 519
-
41 644
-
national
7 291
-
25 311
-
total
23 674
-
69 272
-
Employer
46 023
-
123 500
-
total
-
-
-
-
Corporate
77 477
123 500
-
-
nationa