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
₽ 124000
per

Your estimated
City
free-cash

Andorra , Andorra
₽64826
₽80641
₽68122
₽83752
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
-
-
-
124 000
social contributions
-
-
-
27 280
income
-
-
-
4 047
total
-
-
-
31 327
Employee
29 782
-
107 359
-
social contributions
1 936
-
6 977
-
income
-
-
4 413
-
total
1 936
-
11 390
-
Employer
29 782
-
107 359
-
social contributions
4 616
-
16 641
-
total
4 616
-
16 641
-
Corporate
89 601
124 000
-
-
income
8 960
12 401
-
-
total
8 960
12 401
-
-
Dividends
80 641
111 599
-
-
total
-
-
-
-
Income
124 000
124 000
124 000
124 000
Total tax
15 512
12 401
28 031
31 327
After tax
108 488
111 599
95 969
92 673
Living cost
27 847
27 847
27 847
27 847
Free-cash
80 641
83 752
68 122
64 826

Estimated living cost  is ₽27847 per week

₽18005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽7218
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
₽33235
₽39069
₽4061
₽39526
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
-
-
-
124 000
surtax
-
-
-
-
unemployment
-
-
-
5 682
health
-
-
-
8 278
chamber of commerce
-
-
-
496
pensions
-
-
-
20 022
income
-
-
-
26 732
total
-
-
-
61 210
Employee
40 495
36 918
96 289
-
unemployment
1 215
1 108
2 888
-
other
404
369
963
-
income
3 607
2 723
22 042
-
pensions
4 147
3 780
9 861
-
health
1 566
1 429
3 727
-
total
10 939
9 409
39 481
-
Employer
40 495
36 918
96 289
-
pensions
5 082
4 634
12 084
-
surtax
-
-
-
-
payroll
1 215
1 108
2 888
-
other
1 923
1 753
4 574
-
health
1 531
1 396
3 639
-
accident
526
480
1 252
-
unemployment
1 215
1 108
2 888
-
chamber of commerce
162
148
385
-
total
11 654
10 627
27 710
-
Corporate
71 852
76 457
92 773
-
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.

17 963
19 114
23 193
-
total
17 963
19 114
23 193
-
Dividends
53 889
57 343
-
-
withholding
14 820
15 769
-
-
total
14 820
15 769
-
-
Income
124 000
124 000
124 000
124 000
Total tax
55 376
54 919
90 384
61 210
After tax
68 624
69 081
33 616
62 790
Living cost
29 555
29 555
29 555
29 555
Free-cash
39 069
39 526
4 061
33 235

Estimated living cost  is ₽29555 per week

₽17729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
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
₽29965
₽34909
₽938
₽36338
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
-
-
-
124 000
surtax
-
-
-
183
unemployment
-
-
-
5 682
health
-
-
-
8 278
chamber of commerce
-
-
-
496
pensions
-
-
-
20 022
income
-
-
-
26 732
total
-
-
-
61 393
Employee
46 296
36 918
96 145
-
unemployment
1 389
1 108
2 885
-
other
462
369
962
-
income
5 270
2 723
21 992
-
pensions
4 741
3 780
9 845
-
health
1 791
1 429
3 722
-
total
13 653
9 409
39 406
-
Employer
46 296
36 918
96 145
-
pensions
5 810
4 634
12 067
-
surtax
183
183
183
-
payroll
1 389
1 108
2 885
-
other
2 199
1 753
4 567
-
health
1 749
1 396
3 634
-
accident
601
480
1 250
-
unemployment
1 389
1 108
2 885
-
chamber of commerce
185
148
385
-
total
13 505
10 810
27 856
-
Corporate
64 199
76 274
92 629
-
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.

16 050
19 069
23 158
-
total
16 050
19 069
23 158
-
Dividends
48 149
57 206
-
-
withholding
13 241
15 732
-
-
total
13 241
15 732
-
-
Income
124 000
124 000
124 000
124 000
Total tax
56 449
55 020
90 420
61 393
After tax
67 551
68 980
33 580
62 607
Living cost
32 642
32 642
32 642
32 642
Free-cash
34 909
36 338
938
29 965

Estimated living cost  is ₽32642 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽7551
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
₽21271
₽21760
₽12067
₽35653
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
-
-
-
124 000
national
-
-
-
43 097
communal

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

-
-
-
6 264
social contributions
-
-
-
19 591
total
-
-
-
68 952
Employee

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

66 264
-
96 041
-
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.

577
-
835
-
national
20 372
-
32 637
-
communal

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

3 456
-
5 010
-
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.

4 970
-
7 202
-
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.

3 113
-
4 513
-
total
32 488
-
50 197
-
Employer

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

66 264
-
96 041
-
surtax
7 514
-
10 892
-
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.

5 872
-
8 509
-
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.

4 075
-
5 907
-
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.

861
-
1 248
-
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.

967
-
1 403
-
total
19 289
-
27 959
-
Corporate
38 447
124 000
-
-
income
7 689
24 800
-
-
surtax
153
496
-
-
total
7 842
25 296
-
-
Dividends
30 605
98 704
-
-
withholding

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

8 844
29 274
-
-
total
8 844
29 274
-
-
Income
124 000
124 000
124 000
124 000
Total tax
68 463
54 570
78 156
68 952
After tax
55 537
69 430
45 844
55 048
Living cost
33 777
33 777
33 777
33 777
Free-cash
21 760
35 653
12 067
21 271

Estimated living cost  is ₽33777 per week

₽21757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
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.
₽8539
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
₽80857
₽84466
₽85299
₽90105
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
-
-
-
124 000
unemployment
-
-
-
129
health
-
-
-
3 716
pensions

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

-
-
-
4 783
income
-
-
-
18 600
total
-
-
-
27 228
Employee
21 074
-
117 660
-
accident

We are using the highest rate at 1.1%.

232
-
355
-
income
2 108
-
11 766
-
pensions

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

1 850
-
2 838
-
health
970
-
1 487
-
total
5 160
-
16 446
-
Employer
21 074
-
117 660
-
pensions

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

2 322
-
3 561
-
health
1 454
-
2 230
-
accident

We are using the highest rate at 1.1%.

232
-
355
-
unemployment
127
-
194
-
total
4 135
-
6 340
-
Corporate
98 791
124 000
-
-
income
9 879
12 400
-
-
total
9 879
12 400
-
-
Dividends
88 912
111 600
-
-
withholding
4 445
5 580
-
-
total
4 445
5 580
-
-
Income
124 000
124 000
124 000
124 000
Total tax
23 619
17 980
22 786
27 228
After tax
100 381
106 020
101 214
96 772
Living cost
15 915
15 915
15 915
15 915
Free-cash
84 466
90 105
85 299
80 857

Estimated living cost  is ₽15915 per week

₽10526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽4099
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
₽84642
₽89591
₽89084
₽93890
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
-
-
-
124 000
unemployment
-
-
-
129
health
-
-
-
3 716
pensions

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

-
-
-
4 783
income
-
-
-
18 600
total
-
-
-
27 228
Employee
16 062
-
117 660
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
income
1 606
-
11 766
-
pensions

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

1 410
-
2 838
-
health
739
-
1 487
-
total
3 932
-
16 446
-
Employer
16 062
-
117 660
-
pensions

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

1 770
-
3 561
-
health
1 109
-
2 230
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
unemployment
96
-
194
-
total
3 152
-
6 340
-
Corporate
104 786
124 000
-
-
income
10 479
12 400
-
-
total
10 479
12 400
-
-
Dividends
94 307
111 600
-
-
withholding
4 716
5 580
-
-
total
4 716
5 580
-
-
Income
124 000
124 000
124 000
124 000
Total tax
22 279
17 980
22 786
27 228
After tax
101 721
106 020
101 214
96 772
Living cost
12 130
12 130
12 130
12 130
Free-cash
89 591
93 890
89 084
84 642

Estimated living cost  is ₽12130 per week

₽7082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽321
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.
₽3861
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
₽65266
₽64097
₽63997
₽69140
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
-
-
-
124 000
health
-
-
-
3 163
social contributions
-
-
-
14 989
income
-
-
-
19 134
total
-
-
-
37 286
Employee
71 234
71 234
113 918
-
income
7 756
6 594
18 562
-
social contributions
2 693
5 912
7 974
-
health
552
1 211
1 937
-
total
11 001
13 717
28 473
-
Employer
71 234
71 234
113 918
-
social contributions
2 693
5 912
7 974
-
health
599
1 318
2 108
-
total
3 292
7 230
10 082
-
Corporate
88 258
45 535
-
-
income
11 033
5 692
-
-
total
11 033
5 692
-
-
Dividends
77 225
39 843
-
-
withholding
13 129
6 773
-
-
total
13 129
6 773
-
-
Income
124 000
124 000
124 000
124 000
Total tax
38 455
33 412
38 555
37 286
After tax
85 545
90 588
85 445
86 714
Living cost
21 448
21 448
21 448
21 448
Free-cash
64 097
69 140
63 997
65 266

Estimated living cost  is ₽21448 per week

₽12854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6016
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
₽56667
₽56699
₽55398
₽60541
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
-
-
-
124 000
health
-
-
-
3 163
social contributions
-
-
-
14 989
income
-
-
-
19 134
total
-
-
-
37 286
Employee
71 234
71 234
113 918
-
income
7 480
6 594
18 562
-
social contributions
3 461
5 912
7 974
-
health
708
1 211
1 937
-
total
11 649
13 717
28 473
-
Employer
71 234
71 234
113 918
-
social contributions
3 461
5 912
7 974
-
health
772
1 318
2 108
-
total
4 233
7 230
10 082
-
Corporate
78 070
45 535
-
-
income
9 759
5 692
-
-
total
9 759
5 692
-
-
Dividends
68 311
39 843
-
-
withholding
11 613
6 773
-
-
total
11 613
6 773
-
-
Income
124 000
124 000
124 000
124 000
Total tax
37 254
33 412
38 555
37 286
After tax
86 746
90 588
85 445
86 714
Living cost
30 047
30 047
30 047
30 047
Free-cash
56 699
60 541
55 398
56 667

Estimated living cost  is ₽30047 per week

₽20540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2347
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.
₽6656
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
₽43571
₽56324
₽41514
₽63963
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
-
-
-
124 000
health
-
-
-
16 740
social contributions
-
-
-
30 810
income
-
-
-
11 468
solidarity contribution
-
-
-
-
total
-
-
-
59 018
Employee
31 487
-
92 537
-
income
3 778
-
11 105
-
social contributions
2 047
-
6 015
-
health
4 251
-
12 493
-
solidarity contribution
-
-
-
-
total
10 076
-
29 613
-
Employer
31 487
-
92 537
-
social contributions
7 872
-
23 134
-
health
2 834
-
8 328
-
total
10 706
-
31 462
-
Corporate
81 807
124 000
-
-
income
15 543
23 560
-
-
total
15 543
23 560
-
-
Dividends
66 264
100 440
-
-
withholding
9 940
15 066
-
-
total
9 940
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
46 265
38 626
61 075
59 018
After tax
77 735
85 374
62 925
64 982
Living cost
21 411
21 411
21 411
21 411
Free-cash
56 324
63 963
41 514
43 571

Estimated living cost  is ₽21411 per week

₽14872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽4595
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
₽38598
₽49578
₽36541
₽58990
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
-
-
-
124 000
health
-
-
-
16 740
social contributions
-
-
-
30 810
income
-
-
-
11 468
solidarity contribution
-
-
-
-
total
-
-
-
59 018
Employee
38 800
-
92 537
-
income
4 656
-
11 105
-
social contributions
2 522
-
6 015
-
health
5 238
-
12 493
-
solidarity contribution
-
-
-
-
total
12 416
-
29 613
-
Employer
38 800
-
92 537
-
social contributions
9 700
-
23 134
-
health
3 492
-
8 328
-
total
13 192
-
31 462
-
Corporate
72 008
124 000
-
-
income
13 681
23 560
-
-
total
13 681
23 560
-
-
Dividends
58 326
100 440
-
-
withholding
8 749
15 066
-
-
total
8 749
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 038
38 626
61 075
59 018
After tax
75 962
85 374
62 925
64 982
Living cost
26 384
26 384
26 384
26 384
Free-cash
49 578
58 990
36 541
38 598

Estimated living cost  is ₽26384 per week

₽19621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽4845
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
₽30680
-₽78411
-₽78411
-₽78411
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
-
-
-
124 000
national
-
-
-
13 264
pensions
-
-
-
805
municipal
-
-
-
24 653
labour market
-
-
-
9 856
total
-
-
-
48 578
Employee
188 843
188 843
188 843
-
municipal
40 213
40 213
40 213
-
national
23 071
23 071
23 071
-
pensions
268
268
268
-
labour market
15 086
15 086
15 086
-
total
78 638
78 638
78 638
-
Employer
188 843
188 843
188 843
-
pensions
537
537
537
-
labour market
15 107
15 107
15 107
-
municipal
40 277
40 277
40 277
-
national
23 111
23 111
23 111
-
total
79 032
79 032
79 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
124 000
124 000
124 000
124 000
Total tax
157 670
157 670
157 670
48 578
After tax
-33 670
-33 670
-33 670
75 422
Living cost
44 742
44 742
44 742
44 742
Free-cash
-78 411
-78 411
-78 411
30 680

Estimated living cost  is ₽44742 per week

₽30622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽688
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.
₽9474
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
₽44088
₽71069
₽49097
₽76825
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
-
-
-
124 000
health
-
-
-
16 121
pensions
-
-
-
24 800
income
-
-
-
16 616
total
-
-
-
57 537
Employee
26 280
-
92 675
-
unemployment
420
-
1 482
-
income
2 959
-
17 868
-
pensions
526
-
1 853
-
total
3 905
-
21 203
-
Employer
26 280
-
92 675
-
pensions
5 256
-
18 536
-
health
3 416
-
12 047
-
unemployment
211
-
742
-
total
8 883
-
31 325
-
Corporate
88 837
124 000
-
-
income
17 768
24 800
-
-
total
17 768
24 800
-
-
Dividends
71 069
99 200
-
-
total
-
-
-
-
Income
124 000
124 000
124 000
124 000
Total tax
30 556
24 800
52 528
57 537
After tax
93 444
99 200
71 472
66 463
Living cost
22 375
22 375
22 375
22 375
Free-cash
71 069
76 825
49 097
44 088

Estimated living cost  is ₽22375 per week

₽15347
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.
₽450
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.
₽5246
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
₽48975
₽45196
₽31973
₽44486
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

-
-
-
124 000
national
-
-
-
15 890
health
-
-
-
1 522
municipal
-
-
-
22 047
total
-
-
-
39 459
Employee
48 739
-
104 316
-
unemployment
731
-
1 565
-
municipal
7 983
-
17 008
-
national
805
-
9 943
-
pensions
3 289
-
7 041
-
health
364
-
1 220
-
total
13 172
-
36 777
-
Employer
48 739
-
104 316
-
pensions
8 456
-
18 098
-
health
374
-
803
-
accident
49
-
104
-
unemployment
316
-
679
-
total
9 195
-
19 684
-
Corporate
66 065
124 000
-
-
income
13 213
24 800
-
-
total
13 213
24 800
-
-
Dividends

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

39 639
74 400
-
-
municipal
7 136
13 392
-
-
national
522
5 756
-
-
total
7 658
19 148
-
-
Income
124 000
124 000
124 000
124 000
Total tax
43 238
43 948
56 461
39 459
After tax
80 762
80 052
67 539
84 541
Living cost
35 566
35 566
35 566
35 566
Free-cash
45 196
44 486
31 973
48 975

Estimated living cost  is ₽35566 per week

₽23232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
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.
₽8349
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
₽41958
₽39089
₽43980
₽33941
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
-
-
-
124 000
surtax
-
-
-
-
health
-
-
-
4 020
pensions
-
-
-
25 844
social contributions
-
-
-
3 534
income
-
-
-
16 245
other
-
-
-
3 845
total
-
-
-
53 488
Employee
35 391
-
98 272
-
income
1 825
-
17 059
-
surtax
-
-
-
-
social contributions
1 009
-
2 800
-
pensions
4 003
-
5 879
-
total
6 837
-
25 738
-
Employer
35 391
-
98 272
-
pensions
5 815
-
10 065
-
social contributions
105
-
295
-
other
1 222
-
3 427
-
health
2 477
-
7 961
-
unemployment
1 433
-
3 980
-
total
11 052
-
25 728
-
Corporate
77 557
124 000
-
-
income
21 716
34 720
-
-
surtax
-
-
-
-
total
21 716
34 720
-
-
Dividends
55 840
89 280
-
-
withholding
7 148
11 429
-
-
social contributions
9 604
15 356
-
-
surtax
-
-
-
-
total
16 752
26 785
-
-
Income
124 000
124 000
124 000
124 000
Total tax
56 357
61 505
51 466
53 488
After tax
67 643
62 495
72 534
70 512
Living cost
28 554
28 554
28 554
28 554
Free-cash
39 089
33 941
43 980
41 958

Estimated living cost  is ₽28554 per week

₽16560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8553
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
₽38818
₽36273
₽40840
₽30800
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
-
-
-
124 000
surtax
-
-
-
-
health
-
-
-
4 020
pensions
-
-
-
25 844
social contributions
-
-
-
3 534
income
-
-
-
16 245
other
-
-
-
3 845
total
-
-
-
53 488
Employee
39 648
-
98 272
-
income
2 340
-
17 059
-
surtax
-
-
-
-
social contributions
1 130
-
2 800
-
pensions
4 483
-
5 879
-
total
7 953
-
25 738
-
Employer
39 648
-
98 272
-
pensions
6 513
-
10 065
-
social contributions
120
-
295
-
other
1 368
-
3 427
-
health
2 776
-
7 961
-
unemployment
1 605
-
3 980
-
total
12 382
-
25 728
-
Corporate
71 971
124 000
-
-
income
20 152
34 720
-
-
surtax
-
-
-
-
total
20 152
34 720
-
-
Dividends
51 819
89 280
-
-
withholding
6 633
11 429
-
-
social contributions
8 913
15 356
-
-
surtax
-
-
-
-
total
15 546
26 785
-
-
Income
124 000
124 000
124 000
124 000
Total tax
56 033
61 505
51 466
53 488
After tax
67 967
62 495
72 534
70 512
Living cost
31 694
31 694
31 694
31 694
Free-cash
36 273
30 800
40 840
38 818

Estimated living cost  is ₽31694 per week

₽19985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
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.
₽8595
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
₽25769
₽24121
₽27791
₽17752
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
-
-
-
124 000
surtax
-
-
-
-
health
-
-
-
4 020
pensions
-
-
-
25 844
social contributions
-
-
-
3 534
income
-
-
-
16 245
other
-
-
-
3 845
total
-
-
-
53 488
Employee
58 021
-
98 272
-
income
5 062
-
17 059
-
surtax
-
-
-
-
social contributions
1 652
-
2 800
-
pensions
6 563
-
5 879
-
total
13 277
-
25 738
-
Employer
58 021
-
98 272
-
pensions
9 534
-
10 065
-
social contributions
174
-
295
-
other
2 002
-
3 427
-
health
4 061
-
7 961
-
unemployment
2 350
-
3 980
-
total
18 121
-
25 728
-
Corporate
47 858
124 000
-
-
income
13 401
34 720
-
-
surtax
-
-
-
-
total
13 401
34 720
-
-
Dividends
34 457
89 280
-
-
withholding
4 411
11 429
-
-
social contributions
5 926
15 356
-
-
surtax
-
-
-
-
total
10 337
26 785
-
-
Income
124 000
124 000
124 000
124 000
Total tax
55 136
61 505
51 466
53 488
After tax
68 864
62 495
72 534
70 512
Living cost
44 743
44 743
44 743
44 743
Free-cash
24 121
17 752
27 791
25 769

Estimated living cost  is ₽44743 per week

₽30281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
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.
₽10187
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
₽116814
₽110740
₽93254
₽111854
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%.

-
-
-
124 000
microenterprise

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

-
-
-
1 240
total
-
-
-
1 240
Employee
7 432
-
124 000
-
income
1 486
-
24 800
-
total
1 486
-
24 800
-
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%.

116 568
124 000
-
-
total
-
-
-
-
Dividends
116 568
124 000
-
-
withholding
5 828
6 200
-
-
total
5 828
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
7 314
6 200
24 800
1 240
After tax
116 686
117 800
99 200
122 760
Living cost
5 946
5 946
5 946
5 946
Free-cash
110 740
111 854
93 254
116 814

Estimated living cost  is ₽5946 per week

₽3685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽163
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.
₽1603
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
₽113495
₽106798
₽89935
₽108535
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%.

-
-
-
124 000
microenterprise

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

-
-
-
1 240
total
-
-
-
1 240
Employee
11 581
-
124 000
-
income
2 316
-
24 800
-
total
2 316
-
24 800
-
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%.

112 419
124 000
-
-
total
-
-
-
-
Dividends
112 419
124 000
-
-
withholding
5 621
6 200
-
-
total
5 621
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
7 937
6 200
24 800
1 240
After tax
116 063
117 800
99 200
122 760
Living cost
9 265
9 265
9 265
9 265
Free-cash
106 798
108 535
89 935
113 495

Estimated living cost  is ₽9265 per week

₽6270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽311
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.
₽2295
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
₽34439
₽40236
₽46052
₽28116
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.

-
-
-
124 000
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.

-
-
-
1 869
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.

-
-
-
6 329
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.

-
-
-
33 985
trade
-
-
-
11 613
total
-
-
-
53 796
Employee

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

46 093
-
124 000
-
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.

3 790
-
33 985
-
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.

209
-
1 869
-
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.

6 329
-
6 329
-
total
10 328
-
42 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 907
124 000
-
-
trade
11 179
17 794
-
-
income
11 685
18 599
-
-
chamber of commerce
255
322
-
-
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.

643
1 023
-
-
total
23 762
37 738
-
-
Dividends
54 144
86 261
-
-
withholding
13 185
21 214
-
-
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.

724
1 167
-
-
total
13 909
22 381
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 999
60 119
42 183
53 796
After tax
76 001
63 881
81 817
70 204
Living cost
35 765
35 765
35 765
35 765
Free-cash
40 236
28 116
46 052
34 439

Estimated living cost  is ₽35765 per week

₽24671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽6726
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
₽41011
₽44793
₽53758
₽34548
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.

-
-
-
124 000
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.

-
-
-
1 869
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.

-
-
-
6 329
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.

-
-
-
33 985
trade
-
-
-
12 747
total
-
-
-
54 930
Employee

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

35 432
-
124 000
-
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.

990
-
33 985
-
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.

54
-
1 869
-
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.

6 329
-
6 329
-
total
7 373
-
42 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 568
124 000
-
-
trade
13 950
19 529
-
-
income
13 285
18 599
-
-
chamber of commerce
267
318
-
-
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.

731
1 023
-
-
total
28 233
39 469
-
-
Dividends
60 335
84 530
-
-
withholding
14 732
20 781
-
-
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
1 143
-
-
total
15 542
21 924
-
-
Income
124 000
124 000
124 000
124 000
Total tax
51 148
61 393
42 183
54 930
After tax
72 852
62 607
81 817
69 070
Living cost
28 059
28 059
28 059
28 059
Free-cash
44 793
34 548
53 758
41 011

Estimated living cost  is ₽28059 per week

₽17650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6614
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
₽32112
₽38593
₽45425
₽25579
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.

-
-
-
124 000
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.

-
-
-
1 869
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.

-
-
-
6 329
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.

-
-
-
33 985
trade
-
-
-
13 313
total
-
-
-
55 496
Employee

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

46 979
-
124 000
-
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.

4 036
-
33 985
-
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.

222
-
1 869
-
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.

6 329
-
6 329
-
total
10 587
-
42 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 021
124 000
-
-
trade
12 670
20 398
-
-
income
11 553
18 599
-
-
chamber of commerce
250
316
-
-
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.

635
1 023
-
-
total
25 108
40 336
-
-
Dividends
51 914
83 663
-
-
withholding
12 626
20 563
-
-
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.

694
1 130
-
-
total
13 320
21 693
-
-
Income
124 000
124 000
124 000
124 000
Total tax
49 015
62 029
42 183
55 496
After tax
74 985
61 971
81 817
68 504
Living cost
36 392
36 392
36 392
36 392
Free-cash
38 593
25 579
45 425
32 112

Estimated living cost  is ₽36392 per week

₽24339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
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.
₽7672
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
₽25500
₽33913
₽39379
₽18892
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.

-
-
-
124 000
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.

-
-
-
1 869
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.

-
-
-
6 329
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.

-
-
-
33 985
trade
-
-
-
13 879
total
-
-
-
56 062
Employee

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

55 674
-
124 000
-
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.

6 547
-
33 985
-
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.

360
-
1 869
-
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.

6 329
-
6 329
-
total
13 236
-
42 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 326
124 000
-
-
trade
11 719
21 266
-
-
income
10 249
18 599
-
-
chamber of commerce
237
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.

564
1 023
-
-
total
22 769
41 203
-
-
Dividends
45 557
82 797
-
-
withholding
11 037
20 347
-
-
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.

607
1 120
-
-
total
11 644
21 467
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 649
62 670
42 183
56 062
After tax
76 351
61 330
81 817
67 938
Living cost
42 438
42 438
42 438
42 438
Free-cash
33 913
18 892
39 379
25 500

Estimated living cost  is ₽42438 per week

₽30995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3395
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.
₽7498
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
₽38028
₽54242
₽35929
₽57189
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
-
-
-
124 000
surtax
-
-
-
3 829
unemployment
-
-
-
211
health
-
-
-
8 778
pensions
-
-
-
24 728
income
-
-
-
27 618
other
-
-
-
-
total
-
-
-
65 164
Employee
31 197
-
102 437
-
unemployment
2 171
-
7 130
-
other
-
-
-
-
income
5 230
-
25 628
-
surtax
111
-
3 497
-
pensions
2 081
-
6 833
-
health
796
-
2 612
-
total
10 389
-
45 700
-
Employer
31 197
-
102 437
-
pensions
4 159
-
13 654
-
other
-
-
-
-
health
1 419
-
4 662
-
unemployment
990
-
3 247
-
total
6 568
-
21 563
-
Corporate
86 235
124 000
-
-
income
22 421
32 240
-
-
total
22 421
32 240
-
-
Dividends
63 814
91 760
-
-
withholding
9 572
13 763
-
-
total
9 572
13 763
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 950
46 003
67 263
65 164
After tax
75 050
77 997
56 737
58 836
Living cost
20 808
20 808
20 808
20 808
Free-cash
54 242
57 189
35 929
38 028

Estimated living cost  is ₽20808 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5954
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
₽38394
₽54671
₽36295
₽57555
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
-
-
-
124 000
surtax
-
-
-
3 829
unemployment
-
-
-
211
health
-
-
-
8 778
pensions
-
-
-
24 728
income
-
-
-
27 618
other
-
-
-
-
total
-
-
-
65 164
Employee
30 635
-
102 437
-
unemployment
2 132
-
7 130
-
other
-
-
-
-
income
5 135
-
25 628
-
surtax
100
-
3 497
-
pensions
2 043
-
6 833
-
health
782
-
2 612
-
total
10 192
-
45 700
-
Employer
30 635
-
102 437
-
pensions
4 084
-
13 654
-
other
-
-
-
-
health
1 394
-
4 662
-
unemployment
970
-
3 247
-
total
6 448
-
21 563
-
Corporate
86 917
124 000
-
-
income
22 599
32 240
-
-
total
22 599
32 240
-
-
Dividends
64 318
91 760
-
-
withholding
9 648
13 763
-
-
total
9 648
13 763
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 887
46 003
67 263
65 164
After tax
75 113
77 997
56 737
58 836
Living cost
20 442
20 442
20 442
20 442
Free-cash
54 671
57 555
36 295
38 394

Estimated living cost  is ₽20442 per week

₽12499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1886
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.
₽5585
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
₽67372
₽51631
₽53355
₽51245
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
-
-
-
124 000
unemployment
-
-
-
1 860
health
-
-
-
8 680
pensions
-
-
-
12 400
income
-
-
-
15 159
total
-
-
-
38 099
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.

26 747
10 645
103 766
-
unemployment
401
160
1 556
-
income
3 270
1 301
12 685
-
pensions
2 675
1 064
10 377
-
health
1 872
745
7 264
-
total
8 218
3 270
31 882
-
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.

26 747
10 645
103 766
-
pensions
5 216
2 076
20 234
-
total
5 216
2 076
20 234
-
Corporate
92 038
111 280
-
-
income
8 283
10 015
-
-
total
8 283
10 015
-
-
Dividends
83 754
101 264
-
-
withholding
15 913
19 240
-
-
social contributions
16 210
19 625
-
-
total
32 123
38 865
-
-
Income
124 000
124 000
124 000
124 000
Total tax
53 840
54 226
52 116
38 099
After tax
70 160
69 774
71 884
85 901
Living cost
18 529
18 529
18 529
18 529
Free-cash
51 631
51 245
53 355
67 372

Estimated living cost  is ₽18529 per week

₽12644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
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.
₽3998
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
₽28973
₽31882
₽29946
₽32627
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
-
-
-
124 000
national
-
-
-
20 704
pensions
-
-
-
14 880
social contributions
-
-
-
1 333
municipal
-
-
-
13 361
total
-
-
-
50 278
Employee
69 369
-
107 197
-
municipal
8 568
-
13 841
-
national
13 277
-
21 448
-
pensions
2 775
-
4 288
-
total
24 620
-
39 577
-
Employer
69 369
-
107 197
-
pensions
5 550
-
8 576
-
social contributions
746
-
1 152
-
total
6 296
-
9 728
-
Corporate
43 758
124 000
-
-
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%.

8 752
24 800
-
-
total
8 752
24 800
-
-
Dividends
35 006
99 200
-
-
withholding
7 701
21 824
-
-
total
7 701
21 824
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 369
46 624
49 305
50 278
After tax
76 631
77 376
74 695
73 722
Living cost
44 749
44 749
44 749
44 749
Free-cash
31 882
32 627
29 946
28 973

Estimated living cost  is ₽44749 per week

₽30415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
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.
₽9504
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
₽17161
₽36076
₽17161
₽34029
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
-
-
-
124 000
social contributions
-
-
-
19 780
income
-
-
-
34 288
total
-
-
-
54 068
Employee
72 463
-
124 000
-
social contributions
6 020
-
19 780
-
income
13 674
-
34 288
-
total
19 694
-
54 068
-
Employer
72 463
-
124 000
-
total
-
-
-
-
Corporate
51 537
124 000
-
-
income
6 441
15 500
-
-
total
6 441
15 500
-
-
Dividends
45 095
108 500
-
-
withholding
9 018
21 700
-
-
total
9 018
21 700
-
-
Income
124 000
124 000
124 000
124 000
Total tax
35 153
37 200
54 068
54 068
After tax
88 847
86 800
69 932
69 932
Living cost
52 771
52 771
52 771
52 771
Free-cash
36 076
34 029
17 161
17 161

Estimated living cost  is ₽52771 per week

₽40147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4300
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.
₽7819
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
₽22324
₽22233
₽16425
₽27069
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
-
-
-
124 000
national
-
-
-
28 532
regional
-
-
-
1 424
social contributions
-
-
-
31 893
municipal
-
-
-
737
total
-
-
-
62 586
Employee
82 331
-
124 000
-
municipal
436
-
657
-
national
14 266
-
24 761
-
social contributions
27 762
-
41 814
-
regional
777
-
1 253
-
total
43 241
-
68 485
-
Employer
82 331
-
124 000
-
total
-
-
-
-
Corporate
41 669
124 000
-
-
nationa
10 001
29 761
-
-
municipal
1 624
4 836
-
-
total
11 625
34 597
-
-
Dividends
30 044
89 403
-
-
withholding
7 811
23 244
-
-
total
7 811
23 244
-
-
Income
124 000
124 000
124 000
124 000
Total tax
62 677
57 841
68 485
62 586
After tax
61 323
66 159
55 515
61 414
Living cost
39 090
39 090
39 090
39 090
Free-cash
22 233
27 069
16 425
22 324

Estimated living cost  is ₽39090 per week

₽27249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8677
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
₽36014
₽38166
₽30144
₽40222
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
-
-
-
124 000
national
-
-
-
28 532
regional
-
-
-
1 869
social contributions
-
-
-
31 893
municipal
-
-
-
737
total
-
-
-
63 031
Employee
51 388
-
124 000
-
municipal
272
-
657
-
national
8 141
-
24 761
-
social contributions
17 328
-
41 814
-
regional
692
-
1 669
-
total
26 433
-
68 901
-
Employer
51 388
-
124 000
-
total
-
-
-
-
Corporate
72 612
124 000
-
-
nationa