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
₴ 10000
per

Your estimated
City
free-cash

Dresden , Germany
-₴9244
-₴10525
-₴9244
-₴9828
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.

-
-
-
10 000
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.

-
-
-
-
trade
-
-
-
-
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.

-
-
-
3 542
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.

-
-
-
-
total
-
-
-
3 542
Employee

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

19 828
-
10 000
-
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.

30
-
-
-
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.

3 542
-
3 542
-
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.

554
-
-
-
total
4 126
-
3 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
trade
-
1 575
-
-
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.

-
83
-
-
chamber of commerce
-
93
-
-
total
-
3 251
-
-
Dividends
-
6 749
-
-
withholding
-
1 490
-
-
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.

-
82
-
-
total
-
1 572
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 126
4 823
3 542
3 542
After tax
5 874
5 177
6 458
6 458
Living cost
15 702
15 702
15 702
15 702
Free-cash
-9 828
-10 525
-9 244
-9 244

Estimated living cost  is ₴15702 per week

₴9877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴3701
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.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₴19828
-₴21100
-₴19906
-₴36229
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
-
-
-
10 000
pensions
-
-
-
1 200
social contributions
-
-
-
108
municipal
-
-
-
493
national
-
-
-
765
total
-
-
-
2 566
Employee
42 382
-
8 645
-
municipal
5 235
-
532
-
pensions
1 695
-
346
-
national
8 112
-
825
-
total
15 042
-
1 703
-
Employer
42 382
-
8 645
-
social contributions
456
-
93
-
pensions
3 391
-
692
-
total
3 847
-
785
-
Corporate
-
10 000
-
-
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%.

-
2 000
-
-
total
-
2 000
-
-
Dividends
-
8 000
-
-
withholding
-
1 760
-
-
total
-
1 760
-
-
Income
10 000
10 000
10 000
10 000
Total tax
18 889
3 760
2 488
2 566
After tax
-8 889
6 240
7 512
7 434
Living cost
27 340
27 340
27 340
27 340
Free-cash
-36 229
-21 100
-19 828
-19 906

Estimated living cost  is ₴27340 per week

₴18583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴409
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.
₴5807
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.

Source of data for Reykjavik model

Close
Riga , Latvia
-₴5046
-₴2785
-₴3917
-₴8796
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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
10 000
income
-
-
-
-
microenterprise
-
-
-
1 500
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
1 632
surtax
-
-
-
-
total
-
-
-
3 132
Employee
15 148
-
8 059
-
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

1 666
-
886
-
income
2 696
-
1 434
-
total
4 362
-
2 320
-
Employer
15 148
-
8 059
-
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 649
-
1 941
-
total
3 649
-
1 941
-
Corporate
-
10 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

-
2 000
-
-
total
-
2 000
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

-
8 000
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 011
2 000
4 261
3 132
After tax
1 989
8 000
5 739
6 868
Living cost
10 785
10 785
10 785
10 785
Free-cash
-8 796
-2 785
-5 046
-3 917

Estimated living cost  is ₴10785 per week

₴6880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴2633
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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴41477
-₴38568
-₴15951
-₴41477
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
-
-
-
10 000
income
-
-
-
900
pensions
-
-
-
1 800
health
-
-
-
1 535
total
-
-
-
4 235
Employee
44 269
44 269
44 269
-
pensions
7 968
6 074
7 968
-
health
6 795
5 780
6 795
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

7 246
7 246
7 246
-
total
22 009
19 100
22 009
-
Employer
44 269
44 269
44 269
-
health
3 077
3 077
3 077
-
unemployment
1 594
1 594
1 594
-
pensions
3 081
3 081
3 081
-
total
7 752
7 752
7 752
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
29 761
26 852
29 761
4 235
After tax
-19 761
-16 852
-19 761
5 765
Living cost
21 716
21 716
21 716
21 716
Free-cash
-41 477
-38 568
-41 477
-15 951

Estimated living cost  is ₴21716 per week

₴15390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴345
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.
₴4024
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

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₴15725
-₴15605
-₴16080
-₴29447
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
-
-
-
10 000
pensions
-
-
-
1 081
other
-
-
-
1 162
unemployment
-
-
-
10
accident
-
-
-
20
health
-
-
-
624
municipal
-
-
-
2 118
national
-
-
-
-
total
-
-
-
5 015
Employee
30 015
-
7 609
-
municipal
8 951
-
2 269
-
national
-
-
-
-
total
8 951
-
2 269
-
Employer
30 015
-
7 609
-
accident
60
-
15
-
other
3 488
-
884
-
health
1 846
-
468
-
unemployment
792
-
201
-
pensions
3 245
-
823
-
total
9 431
-
2 391
-
Corporate
-
10 000
-
-
income
-
2 200
-
-
total
-
2 200
-
-
Dividends
-
7 800
-
-
withholding
-
2 340
-
-
total
-
2 340
-
-
Income
10 000
10 000
10 000
10 000
Total tax
18 382
4 540
4 660
5 015
After tax
-8 382
5 460
5 340
4 985
Living cost
21 065
21 065
21 065
21 065
Free-cash
-29 447
-15 605
-15 725
-16 080

Estimated living cost  is ₴21065 per week

₴13961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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.
₴4717
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

Source of data for Stockholm model

Close
Hamburg , Germany
-₴13907
-₴15239
-₴13907
-₴16290
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.

-
-
-
10 000
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.

-
-
-
-
trade
-
-
-
-
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.

-
-
-
3 542
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.

-
-
-
-
total
-
-
-
3 542
Employee

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

26 289
-
10 000
-
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.

124
-
-
-
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.

3 542
-
3 542
-
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.

2 259
-
-
-
total
5 925
-
3 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
trade
-
1 645
-
-
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.

-
83
-
-
chamber of commerce
-
92
-
-
total
-
3 320
-
-
Dividends
-
6 680
-
-
withholding
-
1 473
-
-
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.

-
81
-
-
total
-
1 554
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 925
4 874
3 542
3 542
After tax
4 075
5 126
6 458
6 458
Living cost
20 365
20 365
20 365
20 365
Free-cash
-16 290
-15 239
-13 907
-13 907

Estimated living cost  is ₴20365 per week

₴13620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4293
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.

Source of data for Hamburg model

Close
Limassol , Cyprus
-₴14005
-₴18536
-₴10391
-₴15702
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
-
-
-
19 707
income
-
-
-
-
social contributions
-
-
-
3 074
health
-
-
-
503
total
-
-
-
3 577
Employee
39 862
39 862
39 862
-
social contributions
1 937
3 308
1 116
-
health
396
678
228
-
income
4 186
3 690
4 482
-
total
6 519
7 676
5 826
-
Employer
39 862
39 862
39 862
-
health
432
738
249
-
social contributions
1 937
3 308
1 116
-
total
2 369
4 046
1 365
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 888
11 722
7 191
3 577
After tax
1 112
-1 722
2 809
6 423
Living cost
16 814
16 814
16 814
16 814
Free-cash
-15 702
-18 536
-14 005
-10 391

Estimated living cost  is ₴16814 per week

₴11494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴3724
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

Source of data for Limassol model

Close
Budapest , Hungary
-₴4628
-₴4616
-₴3497
-₴7982
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
-
-
-
10 000
income
-
-
-
1 223
pensions
-
-
-
1 000
unemployment
-
-
-
150
health
-
-
-
700
total
-
-
-
3 073
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.

15 048
5 989
8 368
-
unemployment
226
90
126
-
pensions
1 505
599
837
-
health
1 053
419
586
-
income
1 840
732
1 023
-
total
4 624
1 840
2 572
-
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.

15 048
5 989
8 368
-
pensions
2 934
1 168
1 632
-
total
2 934
1 168
1 632
-
Corporate
-
2 843
-
-
income
-
256
-
-
total
-
256
-
-
Dividends
-
2 587
-
-
withholding
-
492
-
-
social contributions
-
436
-
-
total
-
928
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 558
4 192
4 204
3 073
After tax
2 442
5 808
5 796
6 927
Living cost
10 424
10 424
10 424
10 424
Free-cash
-7 982
-4 616
-4 628
-3 497

Estimated living cost  is ₴10424 per week

₴7114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2249
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

Source of data for Budapest model

Close
Tallinn , Estonia
-₴5577
-₴4521
-₴5980
-₴9676
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
-
-
-
10 000
income
-
-
-
159
pensions
-
-
-
2 000
health
-
-
-
1 300
total
-
-
-
3 459
Employee
14 706
-
7 473
-
unemployment
235
-
120
-
pensions
294
-
150
-
income
1 656
-
260
-
total
2 185
-
530
-
Employer
14 706
-
7 473
-
health
1 911
-
972
-
unemployment
118
-
60
-
pensions
2 941
-
1 494
-
total
4 970
-
2 526
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
8 000
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 155
2 000
3 056
3 459
After tax
2 845
8 000
6 944
6 541
Living cost
12 521
12 521
12 521
12 521
Free-cash
-9 676
-4 521
-5 577
-5 980

Estimated living cost  is ₴12521 per week

₴8588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2936
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

Source of data for Tallinn model

Close
Gdansk , Poland
-₴6165
-₴10635
-₴6201
-₴11673
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
-
-
-
10 000
income
-
-
-
1 132
pensions
-
-
-
2 165
other
-
-
-
193
accident
-
-
-
131
health
-
-
-
1 135
total
-
-
-
4 756
Employee
18 004
-
8 307
-
pensions
2 027
-
935
-
health
2 061
-
951
-
income
2 470
-
1 140
-
total
6 558
-
3 026
-
Employer
18 004
-
8 307
-
accident
301
-
139
-
unemployment
441
-
204
-
pensions
2 928
-
1 351
-
total
3 670
-
1 694
-
Corporate
-
10 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
9 000
-
-
total
-
9 000
-
-
Dividends
-
1 000
-
-
withholding
-
190
-
-
total
-
190
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 228
9 190
4 720
4 756
After tax
-228
810
5 280
5 244
Living cost
11 445
11 445
11 445
11 445
Free-cash
-11 673
-10 635
-6 165
-6 201

Estimated living cost  is ₴11445 per week

₴8389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2184
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

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴3556
₴5056
₴5456
₴4223
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%.

-
-
-
10 000
microenterprise

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

-
-
-
100
total
-
-
-
100
Employee
5 555
-
10 000
-
income
1 111
-
2 000
-
total
1 111
-
2 000
-
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%.

4 445
10 000
-
-
total
-
-
-
-
Dividends
4 445
10 000
-
-
withholding
222
500
-
-
total
222
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 333
500
2 000
100
After tax
8 667
9 500
8 000
9 900
Living cost
4 444
4 444
4 444
4 444
Free-cash
4 223
5 056
3 556
5 456

Estimated living cost  is ₴4444 per week

₴2754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴122
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.
₴1198
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.

Source of data for Batumi model

Close
Bratislava , Slovakia
-₴7953
-₴6466
-₴8398
-₴13566
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
-
-
-
10 000
income
-
-
-
1 270
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
2 400
other
-
-
-
475
health
-
-
-
440
total
-
-
-
4 585
Employee
18 822
-
7 986
-
unemployment
188
-
80
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 317
-
560
-
health
264
-
112
-
income
3 240
-
1 374
-
total
5 009
-
2 126
-
Employer
18 822
-
7 986
-
accident
151
-
64
-
other
941
-
399
-
health
264
-
112
-
unemployment
188
-
80
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

3 200
-
1 359
-
total
4 744
-
2 014
-
Corporate
-
10 000
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
553
-
-
total
-
553
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 753
2 653
4 140
4 585
After tax
247
7 347
5 860
5 415
Living cost
13 813
13 813
13 813
13 813
Free-cash
-13 566
-6 466
-7 953
-8 398

Estimated living cost  is ₴13813 per week

₴9760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴2898
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

Source of data for Bratislava model

Close
London , United Kingdom
-₴27340
-₴27443
-₴26960
-₴46206
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
-
-
-
10 000
income
-
-
-
1 995
pensions
-
-
-
28
total
-
-
-
2 023
Employee
49 431
-
9 494
-
pensions
4 769
-
-
-
health
815
-
-
-
income
8 910
-
1 898
-
total
14 494
-
1 898
-
Employer
49 431
-
9 494
-
health
939
-
181
-
pensions
5 836
-
324
-
total
6 775
-
505
-
Corporate
-
10 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
10 000
10 000
10 000
10 000
Total tax
21 269
2 506
2 403
2 023
After tax
-11 269
7 494
7 597
7 977
Living cost
34 937
34 937
34 937
34 937
Free-cash
-46 206
-27 443
-27 340
-26 960

Estimated living cost  is ₴34937 per week

₴26179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4369
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
-₴579
₴1658
-₴1062
-₴916
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
-
-
-
10 000
income
-
-
-
1 500
pensions

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

-
-
-
1 480
unemployment
-
-
-
40
health
-
-
-
1 150
total
-
-
-
4 170
Employee
9 126
-
8 360
-
pensions

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

801
-
734
-
health
420
-
385
-
accident

We are using the highest rate at 1.1%.

100
-
92
-
income
912
-
836
-
total
2 233
-
2 047
-
Employer
9 126
-
8 360
-
accident

We are using the highest rate at 1.1%.

100
-
92
-
health
630
-
577
-
unemployment
55
-
50
-
pensions

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

1 006
-
921
-
total
1 791
-
1 640
-
Corporate
-
10 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
Dividends
-
9 000
-
-
withholding
-
450
-
-
total
-
450
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 024
1 450
3 687
4 170
After tax
5 976
8 550
6 313
5 830
Living cost
6 892
6 892
6 892
6 892
Free-cash
-916
1 658
-579
-1 062

Estimated living cost  is ₴6892 per week

₴4024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2194
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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴48507
-₴45598
-₴22981
-₴46477
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
-
-
-
10 000
income
-
-
-
900
pensions
-
-
-
1 800
health
-
-
-
1 535
total
-
-
-
4 235
Employee
48 062
44 269
44 269
-
pensions
6 074
6 074
7 968
-
health
5 996
5 780
6 795
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

7 246
7 246
7 246
-
total
19 316
19 100
22 009
-
Employer
48 062
44 269
44 269
-
health
3 340
3 077
3 077
-
unemployment
1 730
1 594
1 594
-
pensions
3 345
3 081
3 081
-
total
8 415
7 752
7 752
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
27 731
26 852
29 761
4 235
After tax
-17 731
-16 852
-19 761
5 765
Living cost
28 746
28 746
28 746
28 746
Free-cash
-46 477
-45 598
-48 507
-22 981

Estimated living cost  is ₴28746 per week

₴21205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴4644
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

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₴7866
-₴6054
-₴8069
-₴15498
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
-
-
-
10 000
income
-
-
-
859
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 920
health
-
-
-
1 350
total
-
-
-
5 129
Employee
19 029
-
7 463
-
social contributions
1 237
-
485
-
solidarity contribution
-
-
-
-
health
2 569
-
1 007
-
income
2 283
-
896
-
total
6 089
-
2 388
-
Employer
19 029
-
7 463
-
health
1 713
-
672
-
social contributions
4 757
-
1 866
-
total
6 470
-
2 538
-
Corporate
-
10 000
-
-
income
-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 559
3 115
4 926
5 129
After tax
-2 559
6 885
5 074
4 871
Living cost
12 940
12 940
12 940
12 940
Free-cash
-15 498
-6 054
-7 866
-8 069

Estimated living cost  is ₴12940 per week

₴8988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴2777
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

Source of data for Brno model

Close
Milan , Italy
-₴18325
-₴16539
-₴17390
-₴36071
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
-
-
-
10 000
regional
-
-
-
74
social contributions
-
-
-
4 018
municipal
-
-
-
48
national
-
-
-
1 376
total
-
-
-
5 516
Employee
46 072
-
10 000
-
municipal
244
-
37
-
social contributions
15 535
-
5 267
-
regional
435
-
58
-
national
7 983
-
1 089
-
total
24 197
-
6 451
-
Employer
46 072
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
390
-
-
total
-
2 790
-
-
Dividends
-
7 210
-
-
withholding
-
1 875
-
-
total
-
1 875
-
-
Income
10 000
10 000
10 000
10 000
Total tax
24 197
4 665
6 451
5 516
After tax
-14 197
5 335
3 549
4 484
Living cost
21 874
21 874
21 874
21 874
Free-cash
-36 071
-16 539
-18 325
-17 390

Estimated living cost  is ₴21874 per week

₴15248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴335
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.
₴4856
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

Source of data for Milan model

Close
Thessaloniki , Greece
-₴5901
-₴5149
-₴5701
-₴10751
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
-
-
-
10 000
income
-
-
-
1 434
pensions
-
-
-
2 000
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
710
surtax
-
-
-
-
total
-
-
-
4 262
Employee
17 143
-
8 262
-
unemployment
1 193
-
575
-
surtax
56
-
-
-
pensions
1 143
-
551
-
health
438
-
212
-
other
-
-
-
-
income
2 874
-
1 385
-
total
5 704
-
2 723
-
Employer
17 143
-
8 262
-
other
-
-
-
-
health
780
-
376
-
unemployment
543
-
262
-
pensions
2 285
-
1 101
-
total
3 608
-
1 739
-
Corporate
-
10 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends
-
7 400
-
-
withholding
-
1 110
-
-
total
-
1 110
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 312
3 710
4 462
4 262
After tax
688
6 290
5 538
5 738
Living cost
11 439
11 439
11 439
11 439
Free-cash
-10 751
-5 149
-5 901
-5 701

Estimated living cost  is ₴11439 per week

₴6994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴3125
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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₴16271
-₴16374
-₴15891
-₴27342
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
-
-
-
10 000
income
-
-
-
1 995
pensions
-
-
-
28
total
-
-
-
2 023
Employee
33 127
-
9 494
-
pensions
2 812
-
-
-
health
481
-
-
-
income
5 966
-
1 898
-
total
9 259
-
1 898
-
Employer
33 127
-
9 494
-
health
629
-
181
-
pensions
3 586
-
324
-
total
4 215
-
505
-
Corporate
-
10 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 474
2 506
2 403
2 023
After tax
-3 474
7 494
7 597
7 977
Living cost
23 868
23 868
23 868
23 868
Free-cash
-27 342
-16 374
-16 271
-15 891

Estimated living cost  is ₴23868 per week

₴17882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3947
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴34653
-₴37120
-₴33084
-₴43440
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
-
-
-
10 000
regional
-
-
-
31
pensions
-
-
-
920
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
200
city
-
-
-
104
health
-
-
-
136
national
-
-
-
-
total
-
-
-
1 391
Employee
48 792
-
8 384
-
city
524
-
82
-
unemployment
-
-
-
-
pensions
4 099
-
1 336
-
regional
1 598
-
-
-
health
110
-
19
-
national
231
-
-
-
total
6 562
-
1 437
-
Employer
48 792
-
8 384
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

976
-
168
-
health
110
-
19
-
unemployment
-
-
-
-
pensions
4 099
-
1 336
-
total
5 185
-
1 523
-
Corporate
-
10 000
-
-
national
-
850
-
-
regional
-
2 115
-
-
total
-
2 965
-
-
Dividends
-
7 035
-
-
withholding
-
2 462
-
-
total
-
2 462
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 747
5 427
2 960
1 391
After tax
-1 747
4 573
7 040
8 609
Living cost
41 693
41 693
41 693
41 693
Free-cash
-43 440
-37 120
-34 653
-33 084

Estimated living cost  is ₴41693 per week

₴27113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴512
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.
₴10327
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

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₴17290
-₴18674
-₴17290
-₴21155
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.

-
-
-
10 000
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.

-
-
-
-
trade
-
-
-
-
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.

-
-
-
3 542
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.

-
-
-
-
total
-
-
-
3 542
Employee

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

31 155
-
10 000
-
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.

202
-
-
-
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.

3 542
-
3 542
-
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.

3 663
-
-
-
total
7 407
-
3 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
trade
-
1 715
-
-
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.

-
83
-
-
chamber of commerce
-
92
-
-
total
-
3 390
-
-
Dividends
-
6 610
-
-
withholding
-
1 456
-
-
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.

-
80
-
-
total
-
1 536
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 407
4 926
3 542
3 542
After tax
2 593
5 074
6 458
6 458
Living cost
23 748
23 748
23 748
23 748
Free-cash
-21 155
-18 674
-17 290
-17 290

Estimated living cost  is ₴23748 per week

₴17345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4196
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.

Source of data for Munich model

Close
Nice , France
-₴11195
-₴12697
-₴11889
-₴19115
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
-
-
-
10 000
income
-
-
-
-
pensions
-
-
-
3 419
social contributions
-
-
-
285
other
-
-
-
310
health
-
-
-
139
surtax
-
-
-
-
total
-
-
-
4 153
Employee
22 187
-
7 620
-
surtax
-
-
-
-
pensions
2 509
-
862
-
social contributions
633
-
217
-
income
1 309
-
-
-
total
4 451
-
1 079
-
Employer
22 187
-
7 620
-
other
765
-
263
-
health
1 553
-
533
-
unemployment
898
-
309
-
social contributions
67
-
23
-
pensions
3 645
-
1 252
-
total
6 928
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 379
4 961
3 459
4 153
After tax
-1 379
5 039
6 541
5 847
Living cost
17 736
17 736
17 736
17 736
Free-cash
-19 115
-12 697
-11 195
-11 889

Estimated living cost  is ₴17736 per week

₴11183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4810
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

Source of data for Nice model

Close
Marseille , France
-₴9438
-₴10940
-₴10132
-₴15990
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
-
-
-
10 000
income
-
-
-
-
pensions
-
-
-
3 419
social contributions
-
-
-
285
other
-
-
-
310
health
-
-
-
139
surtax
-
-
-
-
total
-
-
-
4 153
Employee
19 805
-
7 620
-
surtax
-
-
-
-
pensions
2 240
-
862
-
social contributions
565
-
217
-
income
1 021
-
-
-
total
3 826
-
1 079
-
Employer
19 805
-
7 620
-
other
684
-
263
-
health
1 386
-
533
-
unemployment
802
-
309
-
social contributions
59
-
23
-
pensions
3 254
-
1 252
-
total
6 185
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 011
4 961
3 459
4 153
After tax
-11
5 039
6 541
5 847
Living cost
15 979
15 979
15 979
15 979
Free-cash
-15 990
-10 940
-9 438
-10 132

Estimated living cost  is ₴15979 per week

₴9267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4786
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

Source of data for Marseille model

Close
Vilnius , Lithuania
-₴5551
-₴4891
-₴4570
-₴8938
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
-
-
-
10 000
income
-
-
-
1 500
social contributions
-
-
-
1 380
health
-
-
-
698
total
-
-
-
3 578
Employee
17 577
-
10 000
-
social contributions
2 426
-
1 380
-
health
1 227
-
698
-
income
2 932
-
2 481
-
total
6 585
-
4 559
-
Employer
17 577
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

-
500
-
-
total
-
500
-
-
Dividends
-
9 500
-
-
withholding
-
1 425
-
-
health
457
663
-
-
social contributions
904
1 311
-
-
total
1 361
3 399
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 946
3 899
4 559
3 578
After tax
2 054
6 101
5 441
6 422
Living cost
10 992
10 992
10 992
10 992
Free-cash
-8 938
-4 891
-5 551
-4 570

Estimated living cost  is ₴10992 per week

₴7356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴2704
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

Source of data for Vilnius model

Close
Vienna , Austria
-₴16166
-₴20073
-₴14202
-₴23954
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
-
-
-
10 000
income
-
-
-
-
pensions
-
-
-
1 850
unemployment
-
-
-
3 179
health
-
-
-
765
chamber of commerce
-
-
-
40
surtax
-
-
-
102
total
-
-
-
5 936
Employee
25 907
20 659
20 659
-
unemployment
777
620
208
-
pensions
2 653
2 115
707
-
health
1 002
800
268
-
other
259
207
69
-
income
2 949
1 524
2 317
-
total
7 640
5 266
3 569
-
Employer
25 907
20 659
20 659
-
surtax
102
102
102
-
accident
336
269
90
-
other
1 231
981
865
-
health
979
781
261
-
unemployment
777
620
208
-
chamber of commerce
103
83
83
-
payroll
777
620
620
-
pensions
3 251
2 593
867
-
total
7 556
6 049
3 096
-
Corporate
1 968
1 968
4 939
-
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.

492
492
1 235
-
total
492
492
1 235
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 688
11 807
7 900
5 936
After tax
-5 688
-1 807
2 100
4 064
Living cost
18 266
18 266
18 266
18 266
Free-cash
-23 954
-20 073
-16 166
-14 202

Estimated living cost  is ₴18266 per week

₴12183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4225
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.

Source of data for Vienna model

Close
Brussels , Belgium
-₴14254
-₴13140
-₴13887
-₴37875
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
-
-
-
10 000
communal

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

-
-
-
436
social contributions
-
-
-
2 733
national
-
-
-
1 817
total
-
-
-
4 986
Employee

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

37 081
-
7 745
-
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.

323
-
67
-
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.

2 781
-
580
-
communal

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

1 934
-
404
-
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.

1 742
-
364
-
national
11 400
-
1 683
-
total
18 180
-
3 098
-
Employer

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

37 081
-
7 745
-
surtax
4 205
-
878
-
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.

482
-
101
-
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.

2 280
-
476
-
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.

541
-
113
-
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.

3 286
-
687
-
total
10 794
-
2 255
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
surtax
-
40
-
-
total
-
2 040
-
-
Dividends
-
7 960
-
-
withholding

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

-
2 199
-
-
total
-
2 199
-
-
Income
10 000
10 000
10 000
10 000
Total tax
28 974
4 239
5 353
4 986
After tax
-18 974
5 761
4 647
5 014
Living cost
18 901
18 901
18 901
18 901
Free-cash
-37 875
-13 140
-14 254
-13 887

Estimated living cost  is ₴18901 per week

₴12175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4778
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

Source of data for Brussels model

Close
Barcelona , Spain
-₴15983
-₴11887
-₴13330
-₴24031
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
-
-
-
10 000
income
-
-
-
1 265
pensions
-
-
-
3 155
other
-
-
-
11
unemployment
-
-
-
78
accident
-
-
-
100
total
-
-
-
4 609
Employee
25 804
-
4 481
-
unemployment
400
-
269
-
pensions
1 213
-
814
-
other
26
-
18
-
income
5 445
-
642
-
total
7 084
-
1 743
-
Employer
25 804
-
4 481
-
accident
511
-
342
-
other
206
-
139
-
unemployment
1 420
-
952
-
pensions
6 089
-
4 086
-
total
8 226
-
5 519
-
Corporate
-
10 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
8 500
-
-
withholding
-
1 666
-
-
total
-
1 666
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 310
3 166
7 262
4 609
After tax
-5 310
6 834
2 738
5 391
Living cost
18 721
18 721
18 721
18 721
Free-cash
-24 031
-11 887
-15 983
-13 330

Estimated living cost  is ₴18721 per week

₴13786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3337
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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₴24469
-₴21330
-₴24468
-₴33947
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
-
-
-
10 000
income
-
-
-
-
communal
-
-
-
-
pensions
-
-
-
3 947
accident
-
-
-
222
health
-
-
-
1 849
surtax
-
-
-
278
total
-
-
-
6 296
Employee
39 258
-
7 052
-
surtax
2 406
-
278
-
pensions
3 140
-
1 973
-
health
1 747
-
1 098
-
income
3 792
-
-
-
total
11 085
-
3 349
-
Employer
39 258
-
7 052
-
accident
353
-
222
-
health
1 197
-
753
-
pensions
3 140
-
1 973
-
total
4 690
-
2 948
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
surtax
-
105
-
-
communal
-
-
-
-
total
-
1 605
-
-
Dividends
-
8 395
-
-
income
-
294
-
-
withholding
-
1 259
-
-
total
-
1 553
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 775
3 158
6 297
6 296
After tax
-5 775
6 842
3 703
3 704
Living cost
28 172
28 172
28 172
28 172
Free-cash
-33 947
-21 330
-24 469
-24 468

Estimated living cost  is ₴28172 per week

₴21133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴5033
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

Source of data for Luxembourg model

Close
Athens , Greece
-₴6106
-₴5354
-₴5906
-₴11135
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
-
-
-
10 000
income
-
-
-
1 434
pensions
-
-
-
2 000
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
710
surtax
-
-
-
-
total
-
-
-
4 262
Employee
17 458
-
8 262
-
unemployment
1 215
-
575
-
surtax
62
-
-
-
pensions
1 165
-
551
-
health
446
-
212
-
other
-
-
-
-
income
2 927
-
1 385
-
total
5 815
-
2 723
-
Employer
17 458
-
8 262
-
other
-
-
-
-
health
794
-
376
-
unemployment
554
-
262
-
pensions
2 328
-
1 101
-
total
3 676
-
1 739
-
Corporate
-
10 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends
-
7 400
-
-
withholding
-
1 110
-
-
total
-
1 110
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 491
3 710
4 462
4 262
After tax
509
6 290
5 538
5 738
Living cost
11 644
11 644
11 644
11 644
Free-cash
-11 135
-5 354
-6 106
-5 906

Estimated living cost  is ₴11644 per week

₴7030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴3332
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 of data for Athens model

Close
Naples , Italy
-₴10453
-₴8708
-₴9527
-₴18756
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
-
-
-
10 000
regional
-
-
-
121
social contributions
-
-
-
4 018
municipal
-
-
-
48
national
-
-
-
1 376
total
-
-
-
5 563
Employee
28 756
-
10 000
-
municipal
152
-
37
-
social contributions
9 697
-
5 267
-
regional
387
-
96
-
national
4 556
-
1 089
-
total
14 792
-
6 489
-
Employer
28 756
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
497
-
-
total
-
2 897
-
-
Dividends
-
7 103
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 792
4 744
6 489
5 563
After tax
-4 792
5 256
3 511
4 437
Living cost
13 964
13 964
13 964
13 964
Free-cash
-18 756
-8 708
-10 453
-9 527

Estimated living cost  is ₴13964 per week

₴8685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴3626
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

Source of data for Naples model

Close
Prague , Czech Republic
-₴10871
-₴9060
-₴11074
-₴21421
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
-
-
-
10 000
income
-
-
-
859
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 920
health
-
-
-
1 350
total
-
-
-
5 129
Employee
23 448
-
7 463
-
social contributions
1 524
-
485
-
solidarity contribution
-
-
-
-
health
3 166
-
1 007
-
income
2 814
-
896
-
total
7 504
-
2 388
-
Employer
23 448
-
7 463
-
health
2 110
-
672
-
social contributions
5 862
-
1 866
-
total
7 972
-
2 538
-
Corporate
-
10 000
-
-
income
-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 476
3 115
4 926
5 129
After tax
-5 476
6 885
5 074
4 871
Living cost
15 945
15 945
15 945
15 945
Free-cash
-21 421
-9 060
-10 871
-11 074

Estimated living cost  is ₴15945 per week

₴11858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴2928
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

Source of data for Prague model

Close
Graz , Austria
-₴14386
-₴18244
-₴12373
-₴19676
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
-
-
-
10 000
income
-
-
-
-
pensions
-
-
-
1 850
unemployment
-
-
-
3 179
health
-
-
-
765
chamber of commerce
-
-
-
40
surtax
-
-
-
-
total
-
-
-
5 834
Employee
22 661
20 659
20 659
-
unemployment
680
620
210
-
pensions
2 321
2 115
716
-
health
877
800
271
-
other
226
207
70
-
income
2 019
1 524
2 312
-
total
6 123
5 266
3 579
-
Employer
22 661
20 659
20 659
-
surtax
-
-
-
-
accident
294
269
91
-
other
1 076
981
865
-
health
857
781
265
-
unemployment
680
620
210
-
chamber of commerce
91
83
83
-
payroll
680
620
620
-
pensions
2 844
2 593
878
-
total
6 522
5 947
3 012
-
Corporate
1 968
1 968
5 023
-
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.

492
492
1 256
-
total
492
492
1 256
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 137
11 705
7 847
5 834
After tax
-3 137
-1 705
2 153
4 166
Living cost
16 539
16 539
16 539
16 539
Free-cash
-19 676
-18 244
-14 386
-12 373

Estimated living cost  is ₴16539 per week

₴9921
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.
₴295
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.
₴4633
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.

Source of data for Graz model

Close
Tbilisi , Georgia
₴1075
₴2575
₴2975
₴1277
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%.

-
-
-
10 000
microenterprise

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

-
-
-
100
total
-
-
-
100
Employee
8 657
-
10 000
-
income
1 731
-
2 000
-
total
1 731
-
2 000
-
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%.

1 343
10 000
-
-
total
-
-
-
-
Dividends
1 343
10 000
-
-
withholding
67
500
-
-
total
67
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 798
500
2 000
100
After tax
8 202
9 500
8 000
9 900
Living cost
6 925
6 925
6 925
6 925
Free-cash
1 277
2 575
1 075
2 975

Estimated living cost  is ₴6925 per week

₴4687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴1716
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.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
-₴8242
-₴7020
-₴7878
-₴16493
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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
10 000
income
-
-
-
1 148
pensions
-
-
-
1 826
unemployment
-
-
-
15
health
-
-
-
984
total
-
-
-
3 973
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

22 924
-
8 653
-
unemployment
32
-
12
-
pensions
3 553
-
1 341
-
health
1 481
-
559
-
income
3 953
-
1 079
-
total
9 019
-
2 991
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

22 924
-
8 653
-
health
1 527
-
576
-
unemployment
14
-
5
-
pensions
2 028
-
765
-
total
3 569
-
1 346
-
Corporate
-
10 000
-
-
income
-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 588
3 115
4 337
3 973
After tax
-2 588
6 885
5 663
6 027
Living cost
13 905
13 905
13 905
13 905
Free-cash
-16 493
-7 020
-8 242
-7 878

Estimated living cost  is ₴13905 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3202
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

Source of data for Ljubljana model

Close
Oslo , Norway
-₴21082
-₴17249
-₴16422
-₴70630
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
-
-
-
10 000
income
-
-
-
1 949
social contributions
-
-
-
1 140
total
-
-
-
3 089
Employee
33 456
-
3 277
-
social contributions
2 743
-
391
-
income
7 380
-
635
-
total
10 123
-
1 026
-
Employer
33 456
-
3 277
-
social contributions
47 174
-
6 723
-
total
47 174
-
6 723
-
Corporate
-
10 000
-
-
income
-
2 200
-
-
total
-
2 200
-
-
Dividends
-
7 800
-
-
income
-
1 716
-
-
total
-
1 716
-
-
Income
10 000
10 000
10 000
10 000
Total tax
57 297
3 916
7 749
3 089
After tax
-47 297
6 084
2 251
6 911
Living cost
23 333
23 333
23 333
23 333
Free-cash
-70 630
-17 249
-21 082
-16 422

Estimated living cost  is ₴23333 per week

₴15139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴5702
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

Source of data for Oslo model

Close
Lisbon , Portugal
-₴10129
-₴10571
-₴10318
-₴19504
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
10 000
income
-
-
-
583
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
3 475
surtax
-
-
-
-
total
-
-
-
4 058
Employee
23 842
-
8 081
-
surtax
-
-
-
-
social contributions
2 623
-
889
-
income
4 959
-
1 061
-
total
7 582
-
1 950
-
Employer
23 842
-
8 081
-
social contributions
5 662
-
1 919
-
total
5 662
-
1 919
-
Corporate
-
10 000
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 211
-
-
total
-
2 211
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 244
4 311
3 869
4 058
After tax
-3 244
5 689
6 131
5 942
Living cost
16 260
16 260
16 260
16 260
Free-cash
-19 504
-10 571
-10 129
-10 318

Estimated living cost  is ₴16260 per week

₴12166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴2864
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

Source of data for Lisbon model

Close
Paris , France
-₴18497
-₴19999
-₴19191
-₴32607
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
-
-
-
10 000
income
-
-
-
-
pensions
-
-
-
3 419
social contributions
-
-
-
285
other
-
-
-
310
health
-
-
-
139
surtax
-
-
-
-
total
-
-
-
4 153
Employee
32 468
-
7 620
-
surtax
-
-
-
-
pensions
3 672
-
862
-
social contributions
925
-
217
-
income
2 833
-
-
-
total
7 430
-
1 079
-
Employer
32 468
-
7 620
-
other
1 120
-
263
-
health
2 272
-
533
-
unemployment
1 315
-
309
-
social contributions
97
-
23
-
pensions
5 335
-
1 252
-
total
10 139
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
17 569
4 961
3 459
4 153
After tax
-7 569
5 039
6 541
5 847
Living cost
25 038
25 038
25 038
25 038
Free-cash
-32 607
-19 999
-18 497
-19 191

Estimated living cost  is ₴25038 per week

₴16945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴343
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.
₴5701
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

Source of data for Paris model

Close
Andorra , Andorra
-₴7488
-₴6583
-₴7784
-₴9249
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
-
-
-
10 000
income
-
-
-
-
social contributions
-
-
-
2 201
total
-
-
-
2 201
Employee
16 666
-
8 658
-
income
-
-
-
-
social contributions
1 083
-
563
-
total
1 083
-
563
-
Employer
16 666
-
8 658
-
social contributions
2 583
-
1 342
-
total
2 583
-
1 342
-
Corporate
-
10 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
Dividends
-
9 000
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 666
1 000
1 905
2 201
After tax
6 334
9 000
8 095
7 799
Living cost
15 583
15 583
15 583
15 583
Free-cash
-9 249
-6 583
-7 488
-7 784

Estimated living cost  is ₴15583 per week

₴10076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4039
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.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴102737
-₴102737
-₴17160
-₴102737
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
-
-
-
10 000
pensions
-
-
-
449
labour market
-
-
-
764
municipal
-
-
-
603
national
-
-
-
424
total
-
-
-
2 240
Employee
105 180
105 180
105 180
-
municipal
22 397
22 397
22 397
-
labour market
8 402
8 402
8 402
-
pensions
150
150
150
-
national
12 850
12 850
12 850
-
total
43 799
43 799
43 799
-
Employer
105 180
105 180
105 180
-
municipal
22 433
22 433
22 433
-
national
12 872
12 872
12 872
-
labour market
8 414
8 414
8 414
-
pensions
299
299
299
-
total
44 018
44 018
44 018
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
87 817
87 817
87 817
2 240
After tax
-77 817
-77 817
-77 817
7 760
Living cost
24 920
24 920
24 920
24 920
Free-cash
-102 737
-102 737
-102 737
-17 160

Estimated living cost  is ₴24920 per week

₴17055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴383
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.
₴5277
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

Source of data for Copenhagen model

Close
Krakow , Poland
-₴5997
-₴10467
-₴6033
-₴11355
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
-
-
-
10 000
income
-
-
-
1 132
pensions
-
-
-
2 165
other
-
-
-
193
accident
-
-
-
131
health
-
-
-
1 135
total
-
-
-
4 756
Employee
17 739
-
8 307
-
pensions
1 998
-
935
-
health
2 031
-
951
-
income
2 434
-
1 140
-
total
6 463
-
3 026
-
Employer
17 739
-
8 307
-
accident
296
-
139
-
unemployment
435
-
204
-
pensions
2 884
-
1 351
-
total
3 615
-
1 694
-
Corporate
-
10 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
9 000
-
-
total
-
9 000
-
-
Dividends
-
1 000
-
-
withholding
-
190
-
-
total
-
190
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 078
9 190
4 720
4 756
After tax
-78
810
5 280
5 244
Living cost
11 277
11 277
11 277
11 277
Free-cash
-11 355
-10 467
-5 997
-6 033

Estimated living cost  is ₴11277 per week

₴8208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴2214
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

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

Source of data for Krakow model

Close
Helsinki , Finland
-₴13574
-₴12983
-₴11703
-₴22422
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

-
-
-
10 000
health
-
-
-
-
municipal
-
-
-
1 800
national
-
-
-
-
total
-
-
-
1 800
Employee
27 274
-
8 411
-
unemployment
409
-
126
-
municipal
4 467
-
1 389
-
pensions
1 841
-
568
-
health
204
-
-
-
national
451
-
-
-
total
7 372
-
2 083
-
Employer
27 274
-
8 411
-
accident
28
-
9
-
health
210
-
65
-
unemployment
177
-
55
-
pensions
4 732
-
1 459
-
total
5 147
-
1 588
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends

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

-
6 000
-
-
municipal
-
1 080
-
-
national
-
-
-
-
total
-
1 080
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 519
3 080
3 671
1 800
After tax
-2 519
6 920
6 329
8 200
Living cost
19 903
19 903
19 903
19 903
Free-cash
-22 422
-12 983
-13 574
-11 703

Estimated living cost  is ₴19903 per week

₴13000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4672
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.

Source of data for Helsinki model

Close
Larnaca , Cyprus
-₴9193
-₴13724
-₴5579
-₴10000
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
-
-
-
19 707
income
-
-
-
-
social contributions
-
-
-
3 074
health
-
-
-
503
total
-
-
-
3 577
Employee
39 862
39 862
39 862
-
social contributions
1 507
3 308
1 116
-
health
309
678
228
-
income
4 340
3 690
4 482
-
total
6 156
7 676
5 826
-
Employer
39 862
39 862
39 862
-
health
335
738
249
-
social contributions
1 507
3 308
1 116
-
total
1 842
4 046
1 365
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 998
11 722
7 191
3 577
After tax
2 002
-1 722
2 809
6 423
Living cost
12 002
12 002
12 002
12 002
Free-cash
-10 000
-13 724
-9 193
-5 579

Estimated living cost  is ₴12002 per week

₴7193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3366
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

Source of data for Larnaca model

Close
Podgorica , Montenegro
-₴1960
₴50
-₴3853
-₴3125
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
10 000
income
-
-
-
433
pensions
-
-
-
3 298
unemployment
-
-
-
15
health
-
-
-
1 876
total
-
-
-
5 622
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 899
-
9 066
-
unemployment
59
-
45
-
pensions
1 785
-
1 360
-
health
1 011
-
770
-
income
814
-
620
-
total
3 669
-
2 795
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 899
-
9 066
-
health
512
-
390
-
unemployment
59
-
45
-
pensions
654
-
499
-
total
1 225
-
934
-
Corporate
-
10 000
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
9 100
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 894
1 719
3 729
5 622
After tax
5 106
8 281
6 271
4 378
Living cost
8 231
8 231
8 231
8 231
Free-cash
-3 125
50
-1 960
-3 853

Estimated living cost  is ₴8231 per week

₴5251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴2141
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

Source of data for Podgorica model

Close
Valencia , Spain
-₴11517
-₴7421
-₴8864
-₴15278
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
-
-
-
10 000
income
-
-
-
1 265
pensions
-
-
-
3 155
other
-
-
-
11
unemployment
-
-
-
78
accident
-
-
-
100
total
-
-
-
4 609
Employee
19 168
-
4 481
-
unemployment
297
-
269
-
pensions
901
-
814
-
other
19
-
18
-
income
3 695
-
642
-
total
4 912
-
1 743
-
Employer
19 168
-
4 481
-
accident
380
-
342
-
other
153
-
139
-
unemployment
1 055
-
952
-
pensions
4 523
-
4 086
-
total
6 111
-
5 519
-
Corporate
-
10 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
8 500
-
-
withholding
-
1 666
-
-
total
-
1 666
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 023
3 166
7 262
4 609
After tax
-1 023
6 834
2 738
5 391
Living cost
14 255
14 255
14 255
14 255
Free-cash
-15 278
-7 421
-11 517
-8 864

Estimated living cost  is ₴14255 per week

₴9622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3013
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

Source of data for Valencia model

Close
Istanbul , Turkey
₴4966
₴5315
₴5032
₴5163
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
-
-
-
10 000
income
-
-
-
2 879
pensions
-
-
-
675
health
-
-
-
489
total
-
-
-
4 043
Employee
1 409
-
9 241
-
unemployment
14
-
34
-
pensions
127
-
304
-
health
70
-
169
-
income
273
-
2 844
-
total
484
-
3 351
-
Employer
1 409
-
9 241
-
health
134
-
320
-
unemployment
28
-
67
-
pensions
155
-
371
-
total
317
-
758
-
Corporate
8 274
10 000
-
-
income
1 820
2 200
-
-
total
1 820
2 200
-
-
Dividends
6 454
7 800
-
-
withholding
1 291
1 560
-
-
total
1 291
1 560
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 912
3 760
4 109
4 043
After tax
6 088
6 240
5 891
5 957
Living cost
925
925
925
925
Free-cash
5 163
5 315
4 966
5 032

Estimated living cost  is ₴925 per week

₴550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴75
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴21
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.
₴279
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 of data for Istanbul model

Close
Belgrade , Serbia
-₴3015
-₴1727
-₴3445
-₴5915
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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
10 000
income
-
-
-
713
pensions
-
-
-
2 600
unemployment
-
-
-
150
health
-
-
-
1 030
total
-
-
-
4 493
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

13 500
-
8 482
-
unemployment
101
-
64
-
pensions
1 890
-
1 187
-
health
695
-
437
-
income
1 861
-
856
-
total
4 547
-
2 544
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

13 500
-
8 482
-
health
695
-
437
-
unemployment
101
-
64
-
pensions
1 620
-
1 018
-
total
2 416
-
1 519
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends
-
8 500
-
-
withholding
-
1 275
-
-
total
-
1 275
-
-
Income
10 000
10 000
10 000
10 000
Total tax
6 963
2 775
4 063
4 493
After tax
3 037
7 225
5 937
5 507
Living cost
8 952
8 952
8 952
8 952
Free-cash
-5 915
-1 727
-3 015
-3 445

Estimated living cost  is ₴8952 per week

₴6028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴1973
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

Source of data for Belgrade model

Close
Porto , Portugal
-₴7845
-₴8287
-₴8034
-₴14898
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
10 000
income
-
-
-
583
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
3 475
surtax
-
-
-
-
total
-
-
-
4 058
Employee
20 120
-
8 081
-
surtax
-
-
-
-
social contributions
2 213
-
889
-
income
3 931
-
1 061
-
total
6 144
-
1 950
-
Employer
20 120
-
8 081
-
social contributions
4 778
-
1 919
-
total
4 778
-
1 919
-
Corporate
-
10 000
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 211
-
-
total
-
2 211
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 922
4 311
3 869
4 058
After tax
-922
5 689
6 131
5 942
Living cost
13 976
13 976
13 976
13 976
Free-cash
-14 898
-8 287
-7 845
-8 034

Estimated living cost  is ₴13976 per week

₴9899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2859
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

Source of data for Porto model

Close
Madrid , Spain
-₴15481
-₴11385
-₴12828
-₴23020
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
-
-
-
10 000
income
-
-
-
1 265
pensions
-
-
-
3 155
other
-
-
-
11
unemployment
-
-
-
78
accident
-
-
-
100
total
-
-
-
4 609
Employee
25 036
-
4 481
-
unemployment
388
-
269
-
pensions
1 177
-
814
-
other
25
-
18
-
income
5 229
-
642
-
total
6 819
-
1 743
-
Employer
25 036
-
4 481
-
accident
496
-
342
-
other
201
-
139
-
unemployment
1 377
-
952
-
pensions
5 908
-
4 086
-
total
7 982
-
5 519
-
Corporate
-
10 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
8 500
-
-
withholding
-
1 666
-
-
total
-
1 666
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 801
3 166
7 262
4 609
After tax
-4 801
6 834
2 738
5 391
Living cost
18 219
18 219
18 219
18 219
Free-cash
-23 020
-11 385
-15 481
-12 828

Estimated living cost  is ₴18219 per week

₴13084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3462
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

Source of data for Madrid model

Close
Sofia , Bulgaria
-₴2729
-₴492
-₴3212
-₴4323
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
-
-
-
10 000
income
-
-
-
1 500
pensions

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

-
-
-
1 480
unemployment
-
-
-
40
health
-
-
-
1 150
total
-
-
-
4 170
Employee
11 973
-
8 360
-
pensions

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

1 051
-
734
-
health
551
-
385
-
accident

We are using the highest rate at 1.1%.

132
-
92
-
income
1 198
-
836
-
total
2 932
-
2 047
-
Employer
11 973
-
8 360
-
accident

We are using the highest rate at 1.1%.

132
-
92
-
health
826
-
577
-
unemployment
72
-
50
-
pensions

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

1 319
-
921
-
total
2 349
-
1 640
-
Corporate
-
10 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
Dividends
-
9 000
-
-
withholding
-
450
-
-
total
-
450
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 281
1 450
3 687
4 170
After tax
4 719
8 550
6 313
5 830
Living cost
9 042
9 042
9 042
9 042
Free-cash
-4 323
-492
-2 729
-3 212

Estimated living cost  is ₴9042 per week

₴5980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴2329
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

Source of data for Sofia model

Close
Berlin , Germany
-₴13556
-₴14734
-₴13556
-₴15794
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.

-
-
-
10 000
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.

-
-
-
-
trade
-
-
-
-
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.

-
-
-
3 542
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.

-
-
-
-
total
-
-
-
3 542
Employee

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

25 793
-
10 000
-
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.

117
-
-
-
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.

3 542
-
3 542
-
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.

2 121
-
-
-
total
5 780
-
3 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
trade
-
1 435
-
-
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.

-
83
-
-
chamber of commerce
-
93
-
-
total
-
3 111
-
-
Dividends
-
6 888
-
-
withholding
-
1 525
-
-
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.

-
84
-
-
total
-
1 609
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 780
4 720
3 542
3 542
After tax
4 220
5 280
6 458
6 458
Living cost
20 014
20 014
20 014
20 014
Free-cash
-15 794
-14 734
-13 556
-13 556

Estimated living cost  is ₴20014 per week

₴13806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3764
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.

Source of data for Berlin model

Close
Dublin , Ireland
-₴20111
-₴22530
-₴20111
-₴30551
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
-
-
-
10 000
income
-
-
-
377
social contributions
-
-
-
204
total
-
-
-
581
Employee
40 550
-
10 000
-
income
7 652
-
377
-
social contributions
3 369
-
204
-
total
11 021
-
581
-
Employer
40 550
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 250
-
-
total
-
1 250
-
-
Dividends
-
8 750
-
-
withholding
-
1 750
-
-
total
-
1 750
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 021
3 000
581
581
After tax
-1 021
7 000
9 419
9 419
Living cost
29 530
29 530
29 530
29 530
Free-cash
-30 551
-22 530
-20 111
-20 111

Estimated living cost  is ₴29530 per week

₴22466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4376
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.

Source of data for Dublin model

Close
Sliema , Malta
-₴10640
-₴13865
-₴26818
-₴17711
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 use The Residence Programme or The Global Residence Programme.

-
-
-
10 000
income
-
-
-
14 756
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
3 244
total
-
-
-
18 000
Employee
23 781
-
9 089
-
income
2 580
-
-
-
social contributions
2 383
-
911
-
total
4 963
-
911
-
Employer
23 781
-
9 089
-
social contributions
2 383
-
911
-
total
2 383
-
911
-
Corporate
-
10 000
-
-
income
-
3 500
-
-
total
-
3 500
-
-
Dividends
-
6 500
-
-
social contributions
1 547
1 547
-
-
total
1 547
1 547
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 893
5 047
1 822
18 000
After tax
1 107
4 953
8 178
-8 000
Living cost
18 818
18 818
18 818
18 818
Free-cash
-17 711
-13 865
-10 640
-26 818

Estimated living cost  is ₴18818 per week

₴12395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1483
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.
₴4650
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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₴11807
-₴11910
-₴11427
-₴19831
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
-
-
-
10 000
income
-
-
-
1 995
pensions
-
-
-
28
total
-
-
-
2 023
Employee
26 635
-
9 494
-
pensions
2 033
-
-
-
health
347
-
-
-
income
4 850
-
1 898
-
total
7 230
-
1 898
-
Employer
26 635
-
9 494
-
health
506
-
181
-
pensions
2 691
-
324
-
total
3 197
-
505
-
Corporate
-
10 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 427
2 506
2 403
2 023
After tax
-427
7 494
7 597
7 977
Living cost
19 404
19 404
19 404
19 404
Free-cash
-19 831
-11 910
-11 807
-11 427

Estimated living cost  is ₴19404 per week

₴13311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴4065
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴7113
-₴11583
-₴7149
-₴13469
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
-
-
-
10 000
income
-
-
-
1 132
pensions
-
-
-
2 165
other
-
-
-
193
accident
-
-
-
131
health
-
-
-
1 135
total
-
-
-
4 756
Employee
19 495
-
8 307
-
pensions
2 195
-
935
-
health
2 232
-
951
-
income
2 675
-
1 140
-
total
7 102
-
3 026
-
Employer
19 495
-
8 307
-
accident
326
-
139
-
unemployment
478
-
204
-
pensions
3 170
-
1 351
-
total
3 974
-
1 694
-
Corporate
-
10 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
9 000
-
-
total
-
9 000
-
-
Dividends
-
1 000
-
-
withholding
-
190
-
-
total
-
190
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 076
9 190
4 720
4 756
After tax
-1 076
810
5 280
5 244
Living cost
12 393
12 393
12 393
12 393
Free-cash
-13 469
-11 583
-7 113
-7 149

Estimated living cost  is ₴12393 per week

₴9095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴2326
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

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

Source of data for Warsaw model

Close
Skopje , Macedonia
-₴746
₴1504
-₴746
-₴1193
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
10 000
income
-
-
-
1 000
pensions
-
-
-
1 840
unemployment
-
-
-
120
health insurance
-
-
-
740
work injury
-
-
-
50
total
-
-
-
3 750
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

11 193
-
10 000
-
unemployment
134
-
120
-
work injury
56
-
50
-
pensions
2 060
-
1 840
-
health insurance
828
-
740
-
income
1 119
-
1 000
-
total
4 197
-
3 750
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
-
10 000
-
-
withholding
-
1 500
-
-
total
-
1 500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 197
1 500
3 750
3 750
After tax
5 803
8 500
6 250
6 250
Living cost
6 996
6 996
6 996
6 996
Free-cash
-1 193
1 504
-746
-746

Estimated living cost  is ₴6996 per week

₴4334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴1935
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.
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Source of data for Skopje model

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Rome , Italy
-₴17132
-₴15384
-₴16203
-₴33685
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
-
-
-
10 000
regional
-
-
-
103
social contributions
-
-
-
4 018
municipal
-
-
-
54
national
-
-
-
1 376
total
-
-
-
5 551
Employee
43 683
-
10 000
-
municipal
261
-
42
-
social contributions
14 730
-
5 267
-
regional
660
-
82
-
national
7 382
-
1 089
-
total
23 033
-
6 480
-
Employer
43 683
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
482
-
-
total
-
2 882
-
-
Dividends
-
7 118
-
-
withholding
-
1 850
-
-
total
-
1 850
-
-
Income
10 000
10 000
10 000
10 000
Total tax
23 033
4 732
6 480
5 551
After tax
-13 033
5 268
3 520
4 449
Living cost
20 652
20 652
20 652
20 652
Free-cash
-33 685
-15 384
-17 132
-16 203

Estimated living cost  is ₴20652 per week

₴14506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4412
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

Source of data for Rome model

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