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
-₴8791
-₴8237
-₴9712
-₴8237
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
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.

-
-
-
3 356
trade
-
-
-
-
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

18 791
-
10 000
-
health

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

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

3 356
-
3 356
-
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.

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.

29
-
-
-
total
3 910
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
chamber of commerce
-
89
-
-
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
-
-
trade
-
1 575
-
-
total
-
3 246
-
-
Dividends
-
6 755
-
-
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
-
-
withholding
-
1 502
-
-
total
-
1 585
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 910
4 831
3 356
3 356
After tax
6 090
5 169
6 644
6 644
Living cost
14 881
14 881
14 881
14 881
Free-cash
-8 791
-9 712
-8 237
-8 237

Estimated living cost  is ₴14881 per week

₴9360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3507
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
-₴33273
-₴18190
-₴19353
-₴18268
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
social contributions
-
-
-
108
municipal
-
-
-
536
pensions
-
-
-
1 200
national
-
-
-
831
total
-
-
-
2 675
Employee
39 674
-
8 645
-
pensions
1 587
-
346
-
municipal
4 900
-
575
-
national
7 593
-
891
-
total
14 080
-
1 812
-
Employer
39 674
-
8 645
-
pensions
3 174
-
692
-
social contributions
426
-
93
-
total
3 600
-
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
17 680
3 760
2 597
2 675
After tax
-7 680
6 240
7 403
7 325
Living cost
25 593
25 593
25 593
25 593
Free-cash
-33 273
-19 353
-18 190
-18 268

Estimated living cost  is ₴25593 per week

₴17395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2379
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.
₴5436
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
-₴7813
-₴4484
-₴2221
-₴3268
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
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.

-
-
-
1 547
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 500
total
-
-
-
3 047
Employee
14 356
-
8 059
-
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.

1 579
-
887
-
income
2 555
-
1 435
-
surtax
-
-
-
-
total
4 134
-
2 322
-
Employer
14 356
-
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.

3 458
-
1 941
-
total
3 458
-
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
7 592
2 000
4 263
3 047
After tax
2 408
8 000
5 737
6 953
Living cost
10 221
10 221
10 221
10 221
Free-cash
-7 813
-2 221
-4 484
-3 268

Estimated living cost  is ₴10221 per week

₴6521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
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.
₴2495
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
-₴38785
-₴38785
-₴36027
-₴14816
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
health
-
-
-
1 535
income
-
-
-
900
pensions
-
-
-
1 800
total
-
-
-
4 235
Employee
41 954
41 954
41 954
-
pensions
7 552
5 756
7 552
-
health
6 439
5 477
6 439
-
income

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

6 867
6 867
6 867
-
total
20 858
18 100
20 858
-
Employer
41 954
41 954
41 954
-
pensions
2 920
2 920
2 920
-
health
2 916
2 916
2 916
-
unemployment
1 510
1 510
1 510
-
total
7 346
7 346
7 346
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
28 204
25 446
28 204
4 235
After tax
-18 204
-15 446
-18 204
5 765
Living cost
20 581
20 581
20 581
20 581
Free-cash
-38 785
-36 027
-38 785
-14 816

Estimated living cost  is ₴20581 per week

₴14585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴3813
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
-₴27610
-₴14744
-₴14624
-₴15099
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
accident
-
-
-
20
health
-
-
-
624
municipal
-
-
-
2 118
pensions
-
-
-
1 081
other
-
-
-
1 162
unemployment
-
-
-
10
national
-
-
-
-
total
-
-
-
5 015
Employee
28 618
-
7 609
-
municipal
8 534
-
2 269
-
national
-
-
-
-
total
8 534
-
2 269
-
Employer
28 618
-
7 609
-
pensions
3 094
-
823
-
other
3 325
-
884
-
health
1 760
-
468
-
unemployment
756
-
201
-
accident
57
-
15
-
total
8 992
-
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
17 526
4 540
4 660
5 015
After tax
-7 526
5 460
5 340
4 985
Living cost
20 084
20 084
20 084
20 084
Free-cash
-27 610
-14 624
-14 744
-15 099

Estimated living cost  is ₴20084 per week

₴13311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4497
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
-₴14914
-₴12656
-₴14182
-₴12656
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
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.

-
-
-
3 356
trade
-
-
-
-
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

24 914
-
10 000
-
health

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

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

3 356
-
3 356
-
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.

2 141
-
-
-
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
-
-
-
total
5 614
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
chamber of commerce
-
89
-
-
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
-
-
trade
-
1 645
-
-
total
-
3 316
-
-
Dividends
-
6 685
-
-
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
-
-
withholding
-
1 484
-
-
total
-
1 566
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 614
4 882
3 356
3 356
After tax
4 386
5 118
6 644
6 644
Living cost
19 300
19 300
19 300
19 300
Free-cash
-14 914
-14 182
-12 656
-12 656

Estimated living cost  is ₴19300 per week

₴12908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2035
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.
₴4069
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
-₴14359
-₴12749
-₴17043
-₴9324
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
-
-
-
18 677
social contributions
-
-
-
2 913
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 389
Employee
37 778
37 778
37 778
-
health
376
642
216
-
social contributions
1 836
3 135
1 057
-
income
3 967
3 497
4 248
-
total
6 179
7 274
5 521
-
Employer
37 778
37 778
37 778
-
health
409
699
236
-
social contributions
1 836
3 135
1 057
-
total
2 245
3 834
1 293
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 424
11 108
6 814
3 389
After tax
1 576
-1 108
3 186
6 611
Living cost
15 935
15 935
15 935
15 935
Free-cash
-14 359
-17 043
-12 749
-9 324

Estimated living cost  is ₴15935 per week

₴10893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3530
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
-₴5536
-₴3211
-₴3227
-₴2080
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
health
-
-
-
700
income
-
-
-
1 223
pensions
-
-
-
1 000
unemployment
-
-
-
150
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.

13 001
5 174
8 368
-
unemployment
195
78
126
-
pensions
1 300
517
837
-
health
910
362
586
-
income
1 589
633
1 023
-
total
3 994
1 590
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.

13 001
5 174
8 368
-
pensions
2 535
1 009
1 632
-
total
2 535
1 009
1 632
-
Corporate
-
3 817
-
-
income
-
343
-
-
total
-
343
-
-
Dividends
-
3 473
-
-
social contributions
-
618
-
-
withholding
-
660
-
-
total
-
1 278
-
-
Income
10 000
10 000
10 000
10 000
Total tax
6 529
4 220
4 204
3 073
After tax
3 471
5 780
5 796
6 927
Living cost
9 007
9 007
9 007
9 007
Free-cash
-5 536
-3 227
-3 211
-2 080

Estimated living cost  is ₴9007 per week

₴6146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1944
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
-₴8648
-₴4983
-₴3866
-₴5387
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
health
-
-
-
1 300
income
-
-
-
221
pensions
-
-
-
2 000
total
-
-
-
3 521
Employee
13 937
-
7 473
-
unemployment
223
-
119
-
pensions
279
-
149
-
income
1 569
-
323
-
total
2 071
-
591
-
Employer
13 937
-
7 473
-
pensions
2 788
-
1 495
-
health
1 811
-
971
-
unemployment
112
-
60
-
total
4 711
-
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
6 782
2 000
3 117
3 521
After tax
3 218
8 000
6 883
6 479
Living cost
11 866
11 866
11 866
11 866
Free-cash
-8 648
-3 866
-4 983
-5 387

Estimated living cost  is ₴11866 per week

₴8139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴707
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.
₴2782
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
-₴10609
-₴5603
-₴10073
-₴5491
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
accident
-
-
-
125
health
-
-
-
1 079
income
-
-
-
1 163
pensions
-
-
-
2 058
other
-
-
-
183
total
-
-
-
4 608
Employee
17 119
-
8 307
-
pensions
1 928
-
935
-
health
1 960
-
951
-
income
2 349
-
1 140
-
total
6 237
-
3 026
-
Employer
17 119
-
8 307
-
pensions
2 784
-
1 351
-
unemployment
419
-
204
-
accident
286
-
139
-
total
3 489
-
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
9 726
9 190
4 720
4 608
After tax
274
810
5 280
5 392
Living cost
10 883
10 883
10 883
10 883
Free-cash
-10 609
-10 073
-5 603
-5 491

Estimated living cost  is ₴10883 per week

₴7976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴2077
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
₴4717
₴3972
₴5472
₴5872
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
5 035
-
10 000
-
income
1 007
-
2 000
-
total
1 007
-
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%.

4 965
10 000
-
-
total
-
-
-
-
Dividends
4 965
10 000
-
-
withholding
248
500
-
-
total
248
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 255
500
2 000
100
After tax
8 745
9 500
8 000
9 900
Living cost
4 028
4 028
4 028
4 028
Free-cash
4 717
5 472
3 972
5 872

Estimated living cost  is ₴4028 per week

₴2496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1086
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
-₴12334
-₴7229
-₴5744
-₴7677
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
health
-
-
-
440
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.

-
-
-
2 401
other
-
-
-
475
total
-
-
-
4 586
Employee
17 838
-
7 987
-
unemployment
178
-
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.

1 248
-
559
-
health
250
-
112
-
income
3 071
-
1 375
-
total
4 747
-
2 126
-
Employer
17 838
-
7 987
-
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.

3 033
-
1 357
-
other
892
-
399
-
health
250
-
112
-
unemployment
178
-
80
-
accident
143
-
64
-
total
4 496
-
2 012
-
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
9 243
2 653
4 138
4 586
After tax
757
7 347
5 862
5 414
Living cost
13 091
13 091
13 091
13 091
Free-cash
-12 334
-5 744
-7 229
-7 677

Estimated living cost  is ₴13091 per week

₴9249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴2747
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
-₴41657
-₴24626
-₴24617
-₴24187
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
-
-
-
1 980
pensions
-
-
-
98
total
-
-
-
2 078
Employee
45 429
-
9 426
-
pensions
4 383
-
62
-
health
749
-
11
-
income
8 189
-
1 870
-
total
13 321
-
1 943
-
Employer
45 429
-
9 426
-
pensions
5 364
-
395
-
health
863
-
179
-
total
6 227
-
574
-
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.

-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
19 548
2 508
2 517
2 078
After tax
-9 548
7 492
7 483
7 922
Living cost
32 109
32 109
32 109
32 109
Free-cash
-41 657
-24 617
-24 626
-24 187

Estimated living cost  is ₴32109 per week

₴24060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴4016
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
-₴139
-₴88
₴2149
-₴571
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
health
-
-
-
1 150
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
total
-
-
-
4 170
Employee
8 476
-
8 359
-
accident

We are using the highest rate at 1.1%.

93
-
92
-
pensions

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

744
-
734
-
health
390
-
385
-
income
848
-
836
-
total
2 075
-
2 047
-
Employer
8 476
-
8 359
-
pensions

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

934
-
921
-
health
585
-
577
-
unemployment
51
-
50
-
accident

We are using the highest rate at 1.1%.

93
-
92
-
total
1 663
-
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
3 738
1 450
3 687
4 170
After tax
6 262
8 550
6 313
5 830
Living cost
6 401
6 401
6 401
6 401
Free-cash
-139
2 149
-88
-571

Estimated living cost  is ₴6401 per week

₴3737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
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.
₴2038
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
-₴43523
-₴45447
-₴42689
-₴21478
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
health
-
-
-
1 535
income
-
-
-
900
pensions
-
-
-
1 800
total
-
-
-
4 235
Employee
45 549
41 954
41 954
-
pensions
5 756
5 756
7 552
-
health
5 682
5 477
6 439
-
income

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

6 867
6 867
6 867
-
total
18 305
18 100
20 858
-
Employer
45 549
41 954
41 954
-
pensions
3 170
2 920
2 920
-
health
3 165
2 916
2 916
-
unemployment
1 640
1 510
1 510
-
total
7 975
7 346
7 346
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
26 280
25 446
28 204
4 235
After tax
-16 280
-15 446
-18 204
5 765
Living cost
27 243
27 243
27 243
27 243
Free-cash
-43 523
-42 689
-45 447
-21 478

Estimated living cost  is ₴27243 per week

₴20096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2433
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.
₴4401
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
-₴13911
-₴7060
-₴5249
-₴7263
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
social contributions
-
-
-
2 920
health
-
-
-
1 350
income
-
-
-
859
solidarity contribution
-
-
-
-
total
-
-
-
5 129
Employee
17 844
-
7 463
-
solidarity contribution
-
-
-
-
health
2 409
-
1 007
-
social contributions
1 160
-
485
-
income
2 141
-
896
-
total
5 710
-
2 388
-
Employer
17 844
-
7 463
-
health
1 606
-
672
-
social contributions
4 461
-
1 866
-
total
6 067
-
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
11 777
3 115
4 926
5 129
After tax
-1 777
6 885
5 074
4 871
Living cost
12 134
12 134
12 134
12 134
Free-cash
-13 911
-5 249
-7 060
-7 263

Estimated living cost  is ₴12134 per week

₴8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
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.
₴2604
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
-₴33663
-₴16977
-₴15396
-₴16089
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
social contributions
-
-
-
3 808
municipal
-
-
-
49
regional
-
-
-
76
national
-
-
-
1 425
total
-
-
-
5 358
Employee
43 663
-
10 000
-
regional
412
-
62
-
municipal
231
-
40
-
national
7 566
-
1 152
-
social contributions
14 723
-
4 992
-
total
22 932
-
6 246
-
Employer
43 663
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
municipal
-
390
-
-
nationa
-
2 400
-
-
total
-
2 790
-
-
Dividends
-
7 211
-
-
withholding
-
1 875
-
-
total
-
1 875
-
-
Income
10 000
10 000
10 000
10 000
Total tax
22 932
4 665
6 246
5 358
After tax
-12 932
5 335
3 754
4 642
Living cost
20 731
20 731
20 731
20 731
Free-cash
-33 663
-15 396
-16 977
-16 089

Estimated living cost  is ₴20731 per week

₴14451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4602
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
-₴9666
-₴5301
-₴4551
-₴5099
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
health
-
-
-
710
income
-
-
-
1 436
surtax
-
-
-
-
pensions
-
-
-
2 000
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
4 258
Employee
16 247
-
8 261
-
unemployment
1 131
-
575
-
pensions
1 083
-
551
-
health
415
-
211
-
income
2 723
-
1 384
-
other
-
-
-
-
surtax
53
-
-
-
total
5 405
-
2 721
-
Employer
16 247
-
8 261
-
pensions
2 166
-
1 101
-
other
-
-
-
-
health
739
-
376
-
unemployment
515
-
262
-
total
3 420
-
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
8 825
3 710
4 460
4 258
After tax
1 175
6 290
5 540
5 742
Living cost
10 841
10 841
10 841
10 841
Free-cash
-9 666
-4 551
-5 301
-5 099

Estimated living cost  is ₴10841 per week

₴6629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
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.
₴2962
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
-₴24319
-₴14453
-₴14444
-₴14014
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
-
-
-
1 980
pensions
-
-
-
98
total
-
-
-
2 078
Employee
30 445
-
9 426
-
pensions
2 584
-
62
-
health
442
-
11
-
income
5 483
-
1 870
-
total
8 509
-
1 943
-
Employer
30 445
-
9 426
-
pensions
3 296
-
395
-
health
578
-
179
-
total
3 874
-
574
-
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.

-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 383
2 508
2 517
2 078
After tax
-2 383
7 492
7 483
7 922
Living cost
21 936
21 936
21 936
21 936
Free-cash
-24 319
-14 444
-14 453
-14 014

Estimated living cost  is ₴21936 per week

₴16434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴3628
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
-₴39816
-₴31717
-₴34295
-₴30258
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
health
-
-
-
127
pensions
-
-
-
919
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
regional
-
-
-
41
city
-
-
-
104
national
-
-
-
-
total
-
-
-
1 391
Employee
45 484
-
8 444
-
unemployment
-
-
-
-
pensions
3 821
-
1 276
-
regional
1 489
-
7
-
national
215
-
-
-
health
103
-
19
-
city
488
-
84
-
total
6 116
-
1 386
-
Employer
45 484
-
8 444
-
pensions
3 821
-
1 276
-
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.

909
-
169
-
health
103
-
19
-
unemployment
-
-
-
-
total
4 833
-
1 464
-
Corporate
-
10 000
-
-
regional
-
2 115
-
-
national
-
850
-
-
total
-
2 965
-
-
Dividends
-
7 035
-
-
withholding
-
2 463
-
-
total
-
2 463
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 949
5 428
2 850
1 391
After tax
-949
4 572
7 150
8 609
Living cost
38 867
38 867
38 867
38 867
Free-cash
-39 816
-34 295
-31 717
-30 258

Estimated living cost  is ₴38867 per week

₴25274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴477
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.
₴9627
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
-₴19525
-₴15862
-₴17440
-₴15862
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
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.

-
-
-
3 356
trade
-
-
-
-
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

29 526
-
10 000
-
health

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

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

3 356
-
3 356
-
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.

3 472
-
-
-
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.

191
-
-
-
total
7 019
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
chamber of commerce
-
89
-
-
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
-
-
trade
-
1 715
-
-
total
-
3 386
-
-
Dividends
-
6 614
-
-
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
-
-
withholding
-
1 467
-
-
total
-
1 548
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 019
4 934
3 356
3 356
After tax
2 981
5 066
6 644
6 644
Living cost
22 506
22 506
22 506
22 506
Free-cash
-19 525
-17 440
-15 862
-15 862

Estimated living cost  is ₴22506 per week

₴16438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1800
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.
₴3976
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
-₴17591
-₴10267
-₴11770
-₴10911
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
social contributions
-
-
-
285
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 376
other
-
-
-
310
total
-
-
-
4 102
Employee
21 026
-
7 620
-
pensions
2 377
-
861
-
social contributions
599
-
217
-
income
1 241
-
-
-
surtax
-
-
-
-
total
4 217
-
1 078
-
Employer
21 026
-
7 620
-
pensions
3 454
-
1 252
-
other
725
-
263
-
health
1 472
-
533
-
unemployment
851
-
309
-
social contributions
63
-
23
-
total
6 565
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
withholding
-
922
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 782
4 961
3 458
4 102
After tax
-782
5 039
6 542
5 898
Living cost
16 809
16 809
16 809
16 809
Free-cash
-17 591
-11 770
-10 267
-10 911

Estimated living cost  is ₴16809 per week

₴10599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴4558
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
-₴14631
-₴8601
-₴10104
-₴9245
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
social contributions
-
-
-
285
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 376
other
-
-
-
310
total
-
-
-
4 102
Employee
18 769
-
7 620
-
pensions
2 123
-
861
-
social contributions
535
-
217
-
income
968
-
-
-
surtax
-
-
-
-
total
3 626
-
1 078
-
Employer
18 769
-
7 620
-
pensions
3 084
-
1 252
-
other
648
-
263
-
health
1 314
-
533
-
unemployment
760
-
309
-
social contributions
56
-
23
-
total
5 862
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
withholding
-
922
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 488
4 961
3 458
4 102
After tax
512
5 039
6 542
5 898
Living cost
15 143
15 143
15 143
15 143
Free-cash
-14 631
-10 104
-8 601
-9 245

Estimated living cost  is ₴15143 per week

₴8782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4536
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
-₴7949
-₴5072
-₴4318
-₴3996
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
social contributions
-
-
-
1 380
health
-
-
-
698
income
-
-
-
1 500
total
-
-
-
3 578
Employee
16 658
-
10 000
-
health
1 163
-
698
-
social contributions
2 299
-
1 380
-
income
2 778
-
2 576
-
total
6 240
-
4 654
-
Employer
16 658
-
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
-
-
health
434
663
-
-
social contributions
857
1 311
-
-
withholding
-
1 426
-
-
total
1 291
3 400
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 531
3 900
4 654
3 578
After tax
2 469
6 100
5 346
6 422
Living cost
10 418
10 418
10 418
10 418
Free-cash
-7 949
-4 318
-5 072
-3 996

Estimated living cost  is ₴10418 per week

₴6972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2563
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
-₴22181
-₴15044
-₴18498
-₴13076
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
health
-
-
-
765
surtax
-
-
-
97
income
-
-
-
-
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
unemployment
-
-
-
3 013
total
-
-
-
5 765
Employee
24 552
19 579
19 579
-
unemployment
737
587
209
-
pensions
2 514
2 004
714
-
health
950
758
270
-
income
2 795
1 444
2 169
-
other
245
196
70
-
total
7 241
4 989
3 432
-
Employer
24 552
19 579
19 579
-
chamber of commerce
98
78
78
-
pensions
3 081
2 458
875
-
other
1 166
930
823
-
health
928
740
264
-
unemployment
737
587
209
-
accident
319
255
90
-
surtax
97
97
97
-
payroll
737
587
587
-
total
7 163
5 732
3 023
-
Corporate
1 865
1 865
5 111
-
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.

466
466
1 278
-
total
466
466
1 278
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 870
11 187
7 733
5 765
After tax
-4 870
-1 187
2 267
4 235
Living cost
17 311
17 311
17 311
17 311
Free-cash
-22 181
-18 498
-15 044
-13 076

Estimated living cost  is ₴17311 per week

₴11546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
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.
₴4004
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
-₴35373
-₴13268
-₴12162
-₴12801
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
social contributions
-
-
-
2 590
communal

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

-
-
-
445
national
-
-
-
1 853
total
-
-
-
4 888
Employee

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

35 142
-
7 746
-
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.

306
-
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.

2 636
-
581
-
national
10 804
-
1 684
-
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.

1 651
-
365
-
communal

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

1 833
-
404
-
total
17 230
-
3 101
-
Employer

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

35 142
-
7 746
-
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.

3 114
-
686
-
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.

2 161
-
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.

513
-
113
-
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.

457
-
101
-
surtax
3 985
-
878
-
total
10 230
-
2 254
-
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.

-
2 209
-
-
total
-
2 209
-
-
Income
10 000
10 000
10 000
10 000
Total tax
27 460
4 249
5 355
4 888
After tax
-17 460
5 751
4 645
5 112
Living cost
17 913
17 913
17 913
17 913
Free-cash
-35 373
-12 162
-13 268
-12 801

Estimated living cost  is ₴17913 per week

₴11538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4528
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
-₴22250
-₴14724
-₴10917
-₴12210
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
accident
-
-
-
95
income
-
-
-
1 298
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
4 467
Employee
24 455
-
4 770
-
unemployment
379
-
255
-
pensions
1 150
-
771
-
income
5 160
-
709
-
other
24
-
17
-
total
6 713
-
1 752
-
Employer
24 455
-
4 770
-
pensions
5 771
-
3 872
-
other
195
-
131
-
unemployment
1 345
-
902
-
accident
484
-
324
-
total
7 795
-
5 229
-
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
-
1 674
-
-
total
-
1 674
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 508
3 174
6 981
4 467
After tax
-4 508
6 826
3 019
5 533
Living cost
17 742
17 742
17 742
17 742
Free-cash
-22 250
-10 917
-14 724
-12 210

Estimated living cost  is ₴17742 per week

₴13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3162
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
-₴31651
-₴22703
-₴19858
-₴22704
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
accident
-
-
-
211
health
-
-
-
1 753
income
-
-
-
-
surtax
-
-
-
301
pensions
-
-
-
3 740
communal
-
-
-
-
total
-
-
-
6 005
Employee
37 205
-
7 206
-
pensions
2 976
-
1 870
-
health
1 656
-
1 040
-
income
3 594
-
-
-
surtax
2 280
-
300
-
total
10 506
-
3 210
-
Employer
37 205
-
7 206
-
pensions
2 976
-
1 870
-
health
1 135
-
713
-
accident
335
-
211
-
total
4 446
-
2 794
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
communal
-
-
-
-
surtax
-
105
-
-
total
-
1 605
-
-
Dividends
-
8 395
-
-
income
-
294
-
-
withholding
-
1 260
-
-
total
-
1 554
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 952
3 159
6 004
6 005
After tax
-4 952
6 841
3 996
3 995
Living cost
26 699
26 699
26 699
26 699
Free-cash
-31 651
-19 858
-22 703
-22 704

Estimated living cost  is ₴26699 per week

₴20028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
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.
₴4770
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
-₴10028
-₴5495
-₴4745
-₴5293
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
health
-
-
-
710
income
-
-
-
1 436
surtax
-
-
-
-
pensions
-
-
-
2 000
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
4 258
Employee
16 545
-
8 261
-
unemployment
1 151
-
575
-
pensions
1 104
-
551
-
health
422
-
211
-
income
2 774
-
1 384
-
other
-
-
-
-
surtax
59
-
-
-
total
5 510
-
2 721
-
Employer
16 545
-
8 261
-
pensions
2 206
-
1 101
-
other
-
-
-
-
health
752
-
376
-
unemployment
525
-
262
-
total
3 483
-
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
8 993
3 710
4 460
4 258
After tax
1 007
6 290
5 540
5 742
Living cost
11 035
11 035
11 035
11 035
Free-cash
-10 028
-4 745
-5 495
-5 293

Estimated living cost  is ₴11035 per week

₴6662
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.
₴256
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.
₴3158
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
-₴17254
-₴9520
-₴7978
-₴8642
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
social contributions
-
-
-
3 808
municipal
-
-
-
49
regional
-
-
-
126
national
-
-
-
1 425
total
-
-
-
5 408
Employee
27 253
-
10 000
-
regional
367
-
102
-
municipal
145
-
40
-
national
4 318
-
1 152
-
social contributions
9 190
-
4 992
-
total
14 020
-
6 286
-
Employer
27 253
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
municipal
-
497
-
-
nationa
-
2 400
-
-
total
-
2 897
-
-
Dividends
-
7 103
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 020
4 744
6 286
5 408
After tax
-4 020
5 256
3 714
4 592
Living cost
13 234
13 234
13 234
13 234
Free-cash
-17 254
-7 978
-9 520
-8 642

Estimated living cost  is ₴13234 per week

₴8230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3437
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
-₴19464
-₴9878
-₴8067
-₴10081
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
social contributions
-
-
-
2 920
health
-
-
-
1 350
income
-
-
-
859
solidarity contribution
-
-
-
-
total
-
-
-
5 129
Employee
21 989
-
7 463
-
solidarity contribution
-
-
-
-
health
2 968
-
1 007
-
social contributions
1 429
-
485
-
income
2 639
-
896
-
total
7 036
-
2 388
-
Employer
21 989
-
7 463
-
health
1 979
-
672
-
social contributions
5 497
-
1 866
-
total
7 476
-
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
14 512
3 115
4 926
5 129
After tax
-4 512
6 885
5 074
4 871
Living cost
14 952
14 952
14 952
14 952
Free-cash
-19 464
-8 067
-9 878
-10 081

Estimated living cost  is ₴14952 per week

₴11120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴828
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.
₴2746
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
-₴18121
-₴13358
-₴16764
-₴11342
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
health
-
-
-
765
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
unemployment
-
-
-
3 013
total
-
-
-
5 668
Employee
21 476
19 579
19 579
-
unemployment
644
587
212
-
pensions
2 199
2 004
723
-
health
831
758
273
-
income
1 913
1 444
2 163
-
other
214
196
71
-
total
5 801
4 989
3 442
-
Employer
21 476
19 579
19 579
-
chamber of commerce
86
78
78
-
pensions
2 695
2 458
886
-
other
1 020
930
823
-
health
812
740
267
-
unemployment
644
587
212
-
accident
279
255
91
-
surtax
-
-
-
-
payroll
644
587
587
-
total
6 180
5 635
2 944
-
Corporate
1 865
1 865
5 191
-
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.

466
466
1 298
-
total
466
466
1 298
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 447
11 090
7 684
5 668
After tax
-2 447
-1 090
2 316
4 332
Living cost
15 674
15 674
15 674
15 674
Free-cash
-18 121
-16 764
-13 358
-11 342

Estimated living cost  is ₴15674 per week

₴9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴4391
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
₴2046
₴1723
₴3223
₴3623
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
7 846
-
10 000
-
income
1 569
-
2 000
-
total
1 569
-
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%.

2 154
10 000
-
-
total
-
-
-
-
Dividends
2 154
10 000
-
-
withholding
108
500
-
-
total
108
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 677
500
2 000
100
After tax
8 323
9 500
8 000
9 900
Living cost
6 277
6 277
6 277
6 277
Free-cash
2 046
3 223
1 723
3 623

Estimated living cost  is ₴6277 per week

₴4248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1555
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
-₴15107
-₴7515
-₴6292
-₴7150
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
health
-
-
-
984
income
-
-
-
1 148
pensions
-
-
-
1 826
unemployment
-
-
-
15
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.

21 725
-
8 653
-
unemployment
31
-
12
-
pensions
3 368
-
1 342
-
health
1 403
-
558
-
income
3 746
-
1 079
-
total
8 548
-
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.

21 725
-
8 653
-
pensions
1 922
-
765
-
health
1 447
-
576
-
unemployment
13
-
6
-
total
3 382
-
1 347
-
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
11 930
3 115
4 338
3 973
After tax
-1 930
6 885
5 662
6 027
Living cost
13 177
13 177
13 177
13 177
Free-cash
-15 107
-6 292
-7 515
-7 150

Estimated living cost  is ₴13177 per week

₴9043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3035
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
-₴63386
-₴18488
-₴15153
-₴14326
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
social contributions
-
-
-
1 140
income
-
-
-
1 949
total
-
-
-
3 089
Employee
30 450
-
3 881
-
social contributions
2 497
-
356
-
income
6 717
-
776
-
total
9 214
-
1 132
-
Employer
30 450
-
3 881
-
social contributions
42 935
-
6 119
-
total
42 935
-
6 119
-
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
52 149
3 916
7 251
3 089
After tax
-42 149
6 084
2 749
6 911
Living cost
21 237
21 237
21 237
21 237
Free-cash
-63 386
-15 153
-18 488
-14 326

Estimated living cost  is ₴21237 per week

₴13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1997
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.
₴5189
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
-₴17962
-₴9309
-₴9722
-₴9469
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
social contributions

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

-
-
-
3 475
income
-
-
-
584
surtax
-
-
-
-
total
-
-
-
4 059
Employee
22 595
-
8 080
-
social contributions
2 486
-
888
-
income
4 700
-
1 092
-
surtax
-
-
-
-
total
7 186
-
1 980
-
Employer
22 595
-
8 080
-
social contributions
5 366
-
1 919
-
total
5 366
-
1 919
-
Corporate
-
10 000
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 212
-
-
total
-
2 212
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 552
4 312
3 899
4 059
After tax
-2 552
5 688
6 101
5 941
Living cost
15 410
15 410
15 410
15 410
Free-cash
-17 962
-9 722
-9 309
-9 469

Estimated living cost  is ₴15410 per week

₴11530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴909
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.
₴2714
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
-₴30381
-₴17187
-₴18690
-₴17831
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
social contributions
-
-
-
285
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 376
other
-
-
-
310
total
-
-
-
4 102
Employee
30 770
-
7 620
-
pensions
3 480
-
861
-
social contributions
876
-
217
-
income
2 685
-
-
-
surtax
-
-
-
-
total
7 041
-
1 078
-
Employer
30 770
-
7 620
-
pensions
5 056
-
1 252
-
other
1 062
-
263
-
health
2 154
-
533
-
unemployment
1 247
-
309
-
social contributions
92
-
23
-
total
9 611
-
2 380
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
surtax
-
-
-
-
social contributions
-
1 239
-
-
withholding
-
922
-
-
total
-
2 161
-
-
Income
10 000
10 000
10 000
10 000
Total tax
16 652
4 961
3 458
4 102
After tax
-6 652
5 039
6 542
5 898
Living cost
23 729
23 729
23 729
23 729
Free-cash
-30 381
-18 690
-17 187
-17 831

Estimated living cost  is ₴23729 per week

₴16059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5403
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
-₴8242
-₴6673
-₴5768
-₴6968
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
social contributions
-
-
-
2 200
income
-
-
-
-
total
-
-
-
2 200
Employee
15 794
-
8 658
-
social contributions
1 026
-
563
-
income
-
-
-
-
total
1 026
-
563
-
Employer
15 794
-
8 658
-
social contributions
2 448
-
1 342
-
total
2 448
-
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
3 474
1 000
1 905
2 200
After tax
6 526
9 000
8 095
7 800
Living cost
14 768
14 768
14 768
14 768
Free-cash
-8 242
-5 768
-6 673
-6 968

Estimated living cost  is ₴14768 per week

₴9549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3828
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
-₴96371
-₴96371
-₴96371
-₴15861
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
municipal
-
-
-
690
pensions
-
-
-
423
labour market
-
-
-
766
national
-
-
-
469
total
-
-
-
2 348
Employee
99 241
99 241
99 241
-
pensions
141
141
141
-
municipal
21 133
21 133
21 133
-
national
12 124
12 124
12 124
-
labour market
7 928
7 928
7 928
-
total
41 326
41 326
41 326
-
Employer
99 241
99 241
99 241
-
municipal
21 166
21 166
21 166
-
pensions
282
282
282
-
national
12 145
12 145
12 145
-
labour market
7 939
7 939
7 939
-
total
41 532
41 532
41 532
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
82 858
82 858
82 858
2 348
After tax
-72 858
-72 858
-72 858
7 652
Living cost
23 513
23 513
23 513
23 513
Free-cash
-96 371
-96 371
-96 371
-15 861

Estimated living cost  is ₴23513 per week

₴16092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴362
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.
₴4979
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
-₴10303
-₴5442
-₴9912
-₴5330
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
accident
-
-
-
125
health
-
-
-
1 079
income
-
-
-
1 163
pensions
-
-
-
2 058
other
-
-
-
183
total
-
-
-
4 608
Employee
16 867
-
8 307
-
pensions
1 899
-
935
-
health
1 931
-
951
-
income
2 314
-
1 140
-
total
6 144
-
3 026
-
Employer
16 867
-
8 307
-
pensions
2 742
-
1 351
-
unemployment
413
-
204
-
accident
282
-
139
-
total
3 437
-
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
9 581
9 190
4 720
4 608
After tax
419
810
5 280
5 392
Living cost
10 722
10 722
10 722
10 722
Free-cash
-10 303
-9 912
-5 442
-5 330

Estimated living cost  is ₴10722 per week

₴7805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
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.
₴2105
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
-₴20725
-₴12531
-₴11942
-₴10662
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
25 848
-
8 412
-
unemployment
388
-
126
-
pensions
1 744
-
568
-
municipal
4 234
-
1 389
-
national
427
-
-
-
health
193
-
-
-
total
6 986
-
2 083
-
Employer
25 848
-
8 412
-
pensions
4 484
-
1 459
-
health
199
-
64
-
unemployment
168
-
55
-
accident
26
-
8
-
total
4 877
-
1 586
-
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
-
-
national
-
-
-
-
municipal
-
1 080
-
-
total
-
1 080
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 863
3 080
3 669
1 800
After tax
-1 863
6 920
6 331
8 200
Living cost
18 862
18 862
18 862
18 862
Free-cash
-20 725
-11 942
-12 531
-10 662

Estimated living cost  is ₴18862 per week

₴12321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
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.
₴4428
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
-₴8955
-₴8189
-₴12483
-₴4764
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
-
-
-
18 677
social contributions
-
-
-
2 913
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 389
Employee
37 778
37 778
37 778
-
health
293
642
216
-
social contributions
1 428
3 135
1 057
-
income
4 113
3 497
4 248
-
total
5 834
7 274
5 521
-
Employer
37 778
37 778
37 778
-
health
318
699
236
-
social contributions
1 428
3 135
1 057
-
total
1 746
3 834
1 293
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 580
11 108
6 814
3 389
After tax
2 420
-1 108
3 186
6 611
Living cost
11 375
11 375
11 375
11 375
Free-cash
-8 955
-12 483
-8 189
-4 764

Estimated living cost  is ₴11375 per week

₴6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1116
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.
₴3190
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
-₴2437
-₴1532
₴481
-₴3175
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
health
-
-
-
1 778
income
-
-
-
458
pensions
-
-
-
3 125
unemployment
-
-
-
14
total
-
-
-
5 375
Employee

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

11 277
-
9 066
-
unemployment
56
-
46
-
pensions
1 691
-
1 360
-
health
958
-
771
-
income
771
-
620
-
total
3 476
-
2 797
-
Employer

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

11 277
-
9 066
-
pensions
620
-
499
-
health
485
-
390
-
unemployment
56
-
46
-
total
1 161
-
935
-
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
4 637
1 719
3 732
5 375
After tax
5 363
8 281
6 268
4 625
Living cost
7 800
7 800
7 800
7 800
Free-cash
-2 437
481
-1 532
-3 175

Estimated living cost  is ₴7800 per week

₴4977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
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.
₴2029
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
-₴13957
-₴10491
-₴6684
-₴7977
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
accident
-
-
-
95
income
-
-
-
1 298
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
4 467
Employee
18 166
-
4 770
-
unemployment
282
-
255
-
pensions
854
-
771
-
income
3 502
-
709
-
other
18
-
17
-
total
4 656
-
1 752
-
Employer
18 166
-
4 770
-
pensions
4 287
-
3 872
-
other
145
-
131
-
unemployment
999
-
902
-
accident
360
-
324
-
total
5 791
-
5 229
-
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
-
1 674
-
-
total
-
1 674
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 447
3 174
6 981
4 467
After tax
-447
6 826
3 019
5 533
Living cost
13 510
13 510
13 510
13 510
Free-cash
-13 957
-6 684
-10 491
-7 977

Estimated living cost  is ₴13510 per week

₴9119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2856
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
₴5126
₴4912
₴5283
₴4981
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
health
-
-
-
506
income
-
-
-
2 858
pensions
-
-
-
698
total
-
-
-
4 062
Employee
1 458
-
9 215
-
unemployment
15
-
35
-
pensions
131
-
314
-
health
73
-
175
-
income
282
-
2 821
-
total
501
-
3 345
-
Employer
1 458
-
9 215
-
pensions
160
-
384
-
health
139
-
332
-
unemployment
29
-
70
-
total
328
-
786
-
Corporate
8 214
10 000
-
-
income
1 807
2 200
-
-
total
1 807
2 200
-
-
Dividends
6 407
7 800
-
-
withholding
1 281
1 560
-
-
total
1 281
1 560
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 917
3 760
4 131
4 062
After tax
6 083
6 240
5 869
5 938
Living cost
957
957
957
957
Free-cash
5 126
5 283
4 912
4 981

Estimated living cost  is ₴957 per week

₴569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴289
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
-₴5100
-₴2599
-₴1268
-₴3029
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
health
-
-
-
1 030
income
-
-
-
756
pensions
-
-
-
2 600
unemployment
-
-
-
150
total
-
-
-
4 536
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.

12 807
-
8 482
-
unemployment
96
-
64
-
pensions
1 793
-
1 187
-
health
660
-
437
-
income
1 765
-
899
-
total
4 314
-
2 587
-
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.

12 807
-
8 482
-
pensions
1 537
-
1 018
-
health
660
-
437
-
unemployment
96
-
64
-
total
2 293
-
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
6 607
2 775
4 106
4 536
After tax
3 393
7 225
5 894
5 464
Living cost
8 493
8 493
8 493
8 493
Free-cash
-5 100
-1 268
-2 599
-3 029

Estimated living cost  is ₴8493 per week

₴5719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴1872
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
-₴13597
-₴7144
-₴7557
-₴7304
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
social contributions

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

-
-
-
3 475
income
-
-
-
584
surtax
-
-
-
-
total
-
-
-
4 059
Employee
19 068
-
8 080
-
social contributions
2 098
-
888
-
income
3 726
-
1 092
-
surtax
-
-
-
-
total
5 824
-
1 980
-
Employer
19 068
-
8 080
-
social contributions
4 528
-
1 919
-
total
4 528
-
1 919
-
Corporate
-
10 000
-
-
income
-
2 100
-
-
surtax
-
-
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 212
-
-
total
-
2 212
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 352
4 312
3 899
4 059
After tax
-352
5 688
6 101
5 941
Living cost
13 245
13 245
13 245
13 245
Free-cash
-13 597
-7 557
-7 144
-7 304

Estimated living cost  is ₴13245 per week

₴9381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2709
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
-₴21291
-₴14247
-₴10440
-₴11733
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
accident
-
-
-
95
income
-
-
-
1 298
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
4 467
Employee
23 727
-
4 770
-
unemployment
367
-
255
-
pensions
1 115
-
771
-
income
4 956
-
709
-
other
23
-
17
-
total
6 461
-
1 752
-
Employer
23 727
-
4 770
-
pensions
5 599
-
3 872
-
other
190
-
131
-
unemployment
1 305
-
902
-
accident
470
-
324
-
total
7 564
-
5 229
-
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
-
1 674
-
-
total
-
1 674
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 025
3 174
6 981
4 467
After tax
-4 025
6 826
3 019
5 533
Living cost
17 266
17 266
17 266
17 266
Free-cash
-21 291
-10 440
-14 247
-11 733

Estimated living cost  is ₴17266 per week

₴12400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1343
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.
₴3281
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
-₴3303
-₴2086
₴151
-₴2569
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
health
-
-
-
1 150
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
total
-
-
-
4 170
Employee
11 121
-
8 359
-
accident

We are using the highest rate at 1.1%.

122
-
92
-
pensions

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

976
-
734
-
health
512
-
385
-
income
1 112
-
836
-
total
2 722
-
2 047
-
Employer
11 121
-
8 359
-
pensions

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

1 226
-
921
-
health
767
-
577
-
unemployment
67
-
50
-
accident

We are using the highest rate at 1.1%.

122
-
92
-
total
2 182
-
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
4 904
1 450
3 687
4 170
After tax
5 096
8 550
6 313
5 830
Living cost
8 399
8 399
8 399
8 399
Free-cash
-3 303
151
-2 086
-2 569

Estimated living cost  is ₴8399 per week

₴5555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2163
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
-₴14444
-₴12323
-₴13695
-₴12323
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
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.

-
-
-
3 356
trade
-
-
-
-
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

24 445
-
10 000
-
health

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

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

3 356
-
3 356
-
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.

2 010
-
-
-
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.

111
-
-
-
total
5 477
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income
-
1 500
-
-
chamber of commerce
-
90
-
-
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
-
-
trade
-
1 435
-
-
total
-
3 107
-
-
Dividends
-
6 894
-
-
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.

-
85
-
-
withholding
-
1 536
-
-
total
-
1 621
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 477
4 728
3 356
3 356
After tax
4 523
5 272
6 644
6 644
Living cost
18 967
18 967
18 967
18 967
Free-cash
-14 444
-13 695
-12 323
-12 323

Estimated living cost  is ₴18967 per week

₴13084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴3567
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
-₴28431
-₴18660
-₴20986
-₴18660
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
social contributions
-
-
-
213
income
-
-
-
461
total
-
-
-
674
Employee
38 430
-
10 000
-
social contributions
3 193
-
213
-
income
7 252
-
461
-
total
10 445
-
674
-
Employer
38 430
-
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
10 445
3 000
674
674
After tax
-445
7 000
9 326
9 326
Living cost
27 986
27 986
27 986
27 986
Free-cash
-28 431
-20 986
-18 660
-18 660

Estimated living cost  is ₴27986 per week

₴21291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴4147
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
-₴16262
-₴9656
-₴12801
-₴24842
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
-
-
-
13 985
health

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

-
-
-
3 023
total
-
-
-
17 008
Employee
22 537
-
9 089
-
social contributions
2 258
-
911
-
income
2 445
-
-
-
total
4 703
-
911
-
Employer
22 537
-
9 089
-
social contributions
2 258
-
911
-
total
2 258
-
911
-
Corporate
-
10 000
-
-
income
-
3 500
-
-
total
-
3 500
-
-
Dividends
-
6 500
-
-
social contributions
1 467
1 467
-
-
total
1 467
1 467
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 428
4 967
1 822
17 008
After tax
1 572
5 033
8 178
-7 008
Living cost
17 834
17 834
17 834
17 834
Free-cash
-16 262
-12 801
-9 656
-24 842

Estimated living cost  is ₴17834 per week

₴11747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴4407
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
-₴17416
-₴10350
-₴10341
-₴9911
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
-
-
-
1 980
pensions
-
-
-
98
total
-
-
-
2 078
Employee
24 478
-
9 426
-
pensions
1 868
-
62
-
health
319
-
11
-
income
4 458
-
1 870
-
total
6 645
-
1 943
-
Employer
24 478
-
9 426
-
pensions
2 473
-
395
-
health
465
-
179
-
total
2 938
-
574
-
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.

-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 583
2 508
2 517
2 078
After tax
417
7 492
7 483
7 922
Living cost
17 833
17 833
17 833
17 833
Free-cash
-17 416
-10 341
-10 350
-9 911

Estimated living cost  is ₴17833 per week

₴12233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴3736
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
-₴12314
-₴6504
-₴10974
-₴6392
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
accident
-
-
-
125
health
-
-
-
1 079
income
-
-
-
1 163
pensions
-
-
-
2 058
other
-
-
-
183
total
-
-
-
4 608
Employee
18 536
-
8 307
-
pensions
2 087
-
935
-
health
2 122
-
951
-
income
2 543
-
1 140
-
total
6 752
-
3 026
-
Employer
18 536
-
8 307
-
pensions
3 014
-
1 351
-
unemployment
454
-
204
-
accident
310
-
139
-
total
3 778
-
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
10 530
9 190
4 720
4 608
After tax
-530
810
5 280
5 392
Living cost
11 784
11 784
11 784
11 784
Free-cash
-12 314
-10 974
-6 504
-6 392

Estimated living cost  is ₴11784 per week

₴8648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2212
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
-₴604
-₴378
₴1872
-₴378
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
health insurance
-
-
-
740
pensions
-
-
-
1 840
unemployment
-
-
-
120
work injury
-
-
-
50
total
-
-
-
3 750
Employee

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

10 605
-
10 000
-
unemployment
127
-
120
-
pensions
1 951
-
1 840
-
work injury
53
-
50
-
income
1 060
-
1 000
-
health insurance
785
-
740
-
total
3 976
-
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
3 976
1 500
3 750
3 750
After tax
6 024
8 500
6 250
6 250
Living cost
6 628
6 628
6 628
6 628
Free-cash
-604
1 872
-378
-378

Estimated living cost  is ₴6628 per week

₴4106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴1833
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 Skopje model

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Rome , Italy
-₴31400
-₴15848
-₴14305
-₴14968
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
social contributions
-
-
-
3 808
municipal
-
-
-
56
regional
-
-
-
107
national
-
-
-
1 425
total
-
-
-
5 396
Employee
41 399
-
10 000
-
regional
625
-
87
-
municipal
247
-
45
-
national
6 996
-
1 152
-
social contributions
13 960
-
4 992
-
total
21 828
-
6 276
-
Employer
41 399
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
municipal
-
482
-
-
nationa
-
2 400
-
-
total
-
2 882
-
-
Dividends
-
7 118
-
-
withholding
-
1 851
-
-
total
-
1 851
-
-
Income
10 000
10 000
10 000
10 000
Total tax
21 828
4 733
6 276
5 396
After tax
-11 828
5 267
3 724
4 604
Living cost
19 572
19 572
19 572
19 572
Free-cash
-31 400
-14 305
-15 848
-14 968

Estimated living cost  is ₴19572 per week

₴13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1346
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.
₴4181
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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