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
-₴9066
-₴10382
-₴9066
-₴9645
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.

-
-
-
3 509
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 509
Employee

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

19 645
-
10 000
-
surtax

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

30
-
-
-
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.

549
-
-
-
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.

3 509
-
3 509
-
total
4 088
-
3 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
chamber of commerce
-
93
-
-
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
-
-
trade
-
1 575
-
-
income
-
1 500
-
-
total
-
3 251
-
-
Dividends
-
6 749
-
-
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
-
1 492
-
-
total
-
1 574
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 088
4 825
3 509
3 509
After tax
5 912
5 175
6 491
6 491
Living cost
15 557
15 557
15 557
15 557
Free-cash
-9 645
-10 382
-9 066
-9 066

Estimated living cost  is ₴15557 per week

₴9786
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.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3667
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
-₴19491
-₴20741
-₴19568
-₴35621
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
-
-
-
107
pensions
-
-
-
1 200
national
-
-
-
778
municipal
-
-
-
502
total
-
-
-
2 587
Employee
41 826
-
8 645
-
municipal
5 166
-
541
-
national
8 005
-
838
-
pensions
1 673
-
346
-
total
14 844
-
1 725
-
Employer
41 826
-
8 645
-
pensions
3 346
-
692
-
social contributions
450
-
93
-
total
3 796
-
785
-
Corporate
-
10 000
-
-
income

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

-
2 000
-
-
total
-
2 000
-
-
Dividends
-
8 000
-
-
withholding
-
1 760
-
-
total
-
1 760
-
-
Income
10 000
10 000
10 000
10 000
Total tax
18 640
3 760
2 510
2 587
After tax
-8 640
6 240
7 490
7 413
Living cost
26 981
26 981
26 981
26 981
Free-cash
-35 621
-20 741
-19 491
-19 568

Estimated living cost  is ₴26981 per week

₴18339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴404
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.
₴5730
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
-₴4949
-₴2686
-₴3803
-₴8624
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.

-
-
-
1 617
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 500
total
-
-
-
3 117
Employee
15 009
-
8 058
-
surtax
-
-
-
-
social contributions

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

1 651
-
886
-
income
2 672
-
1 435
-
total
4 323
-
2 321
-
Employer
15 009
-
8 058
-
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.

3 615
-
1 942
-
total
3 615
-
1 942
-
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
7 938
2 000
4 263
3 117
After tax
2 062
8 000
5 737
6 883
Living cost
10 686
10 686
10 686
10 686
Free-cash
-8 624
-2 686
-4 949
-3 803

Estimated living cost  is ₴10686 per week

₴6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1018
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.
₴2608
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
-₴41004
-₴38121
-₴15751
-₴41004
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
-
-
-
1 799
total
-
-
-
4 234
Employee
43 862
43 862
43 862
-
income

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

7 179
7 179
7 179
-
pensions
7 895
6 018
7 895
-
health
6 732
5 726
6 732
-
total
21 806
18 923
21 806
-
Employer
43 862
43 862
43 862
-
unemployment
1 579
1 579
1 579
-
health
3 049
3 049
3 049
-
pensions
3 053
3 053
3 053
-
total
7 681
7 681
7 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
29 487
26 604
29 487
4 234
After tax
-19 487
-16 604
-19 487
5 766
Living cost
21 517
21 517
21 517
21 517
Free-cash
-41 004
-38 121
-41 004
-15 751

Estimated living cost  is ₴21517 per week

₴15248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴3987
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
-₴15861
-₴15741
-₴16216
-₴29702
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
other
-
-
-
1 162
health
-
-
-
624
accident
-
-
-
20
pensions
-
-
-
1 081
national
-
-
-
-
unemployment
-
-
-
10
municipal
-
-
-
2 118
total
-
-
-
5 015
Employee
30 210
-
7 609
-
municipal
9 009
-
2 269
-
national
-
-
-
-
total
9 009
-
2 269
-
Employer
30 210
-
7 609
-
other
3 510
-
884
-
unemployment
798
-
201
-
health
1 858
-
468
-
accident
60
-
15
-
pensions
3 266
-
823
-
total
9 492
-
2 391
-
Corporate
-
10 000
-
-
income
-
2 200
-
-
total
-
2 200
-
-
Dividends
-
7 800
-
-
withholding
-
2 340
-
-
total
-
2 340
-
-
Income
10 000
10 000
10 000
10 000
Total tax
18 501
4 540
4 660
5 015
After tax
-8 501
5 460
5 340
4 985
Living cost
21 201
21 201
21 201
21 201
Free-cash
-29 702
-15 741
-15 861
-16 216

Estimated living cost  is ₴21201 per week

₴14051
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.
₴322
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.
₴4748
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
-₴13687
-₴15055
-₴13687
-₴16048
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.

-
-
-
3 509
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 509
Employee

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

26 047
-
10 000
-
surtax

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

123
-
-
-
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.

2 238
-
-
-
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.

3 509
-
3 509
-
total
5 870
-
3 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
chamber of commerce
-
93
-
-
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
-
-
trade
-
1 645
-
-
income
-
1 500
-
-
total
-
3 321
-
-
Dividends
-
6 679
-
-
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
-
1 475
-
-
total
-
1 556
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 870
4 877
3 509
3 509
After tax
4 130
5 123
6 491
6 491
Living cost
20 178
20 178
20 178
20 178
Free-cash
-16 048
-15 055
-13 687
-13 687

Estimated living cost  is ₴20178 per week

₴13495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4254
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
-₴13784
-₴18275
-₴10204
-₴15466
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
19 526
social contributions
-
-
-
3 046
health
-
-
-
498
income
-
-
-
-
total
-
-
-
3 544
Employee
39 496
39 496
39 496
-
social contributions
1 919
3 278
1 105
-
income
4 147
3 656
4 441
-
health
393
672
226
-
total
6 459
7 606
5 772
-
Employer
39 496
39 496
39 496
-
health
428
731
247
-
social contributions
1 919
3 278
1 105
-
total
2 347
4 009
1 352
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 806
11 615
7 124
3 544
After tax
1 194
-1 615
2 876
6 456
Living cost
16 660
16 660
16 660
16 660
Free-cash
-15 466
-18 275
-13 784
-10 204

Estimated living cost  is ₴16660 per week

₴11389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1301
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.
₴3690
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
-₴3790
-₴3796
-₴2659
-₴6537
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.

13 838
5 507
8 368
-
income
1 692
673
1 023
-
pensions
1 384
551
837
-
health
969
386
586
-
unemployment
208
83
126
-
total
4 253
1 693
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.

13 838
5 507
8 368
-
pensions
2 698
1 074
1 632
-
total
2 698
1 074
1 632
-
Corporate
-
3 419
-
-
income
-
308
-
-
total
-
308
-
-
Dividends
-
3 111
-
-
social contributions
-
544
-
-
withholding
-
591
-
-
total
-
1 135
-
-
Income
10 000
10 000
10 000
10 000
Total tax
6 951
4 210
4 204
3 073
After tax
3 049
5 790
5 796
6 927
Living cost
9 586
9 586
9 586
9 586
Free-cash
-6 537
-3 796
-3 790
-2 659

Estimated living cost  is ₴9586 per week

₴6542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴192
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.
₴2069
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
-₴5472
-₴4406
-₴5877
-₴9495
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
-
-
-
171
pensions
-
-
-
2 000
total
-
-
-
3 471
Employee
14 571
-
7 474
-
income
1 640
-
271
-
pensions
291
-
149
-
unemployment
233
-
120
-
total
2 164
-
540
-
Employer
14 571
-
7 474
-
unemployment
117
-
59
-
health
1 894
-
972
-
pensions
2 914
-
1 495
-
total
4 925
-
2 526
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
8 000
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 089
2 000
3 066
3 471
After tax
2 911
8 000
6 934
6 529
Living cost
12 406
12 406
12 406
12 406
Free-cash
-9 495
-4 406
-5 472
-5 877

Estimated living cost  is ₴12406 per week

₴8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
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.
₴2909
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
-₴6076
-₴10546
-₴6088
-₴11504
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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
1 137
pensions
-
-
-
2 148
total
-
-
-
4 732
Employee
17 863
-
8 307
-
income
2 451
-
1 140
-
pensions
2 011
-
935
-
health
2 045
-
951
-
total
6 507
-
3 026
-
Employer
17 863
-
8 307
-
unemployment
438
-
204
-
accident
298
-
139
-
pensions
2 905
-
1 351
-
total
3 641
-
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
10 148
9 190
4 720
4 732
After tax
-148
810
5 280
5 268
Living cost
11 356
11 356
11 356
11 356
Free-cash
-11 504
-10 546
-6 076
-6 088

Estimated living cost  is ₴11356 per week

₴8323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴629
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.
₴2167
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
₴3744
₴5244
₴5644
₴4446
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
5 320
-
10 000
-
income
1 064
-
2 000
-
total
1 064
-
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%.

4 680
10 000
-
-
total
-
-
-
-
Dividends
4 680
10 000
-
-
withholding
234
500
-
-
total
234
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 298
500
2 000
100
After tax
8 702
9 500
8 000
9 900
Living cost
4 256
4 256
4 256
4 256
Free-cash
4 446
5 244
3 744
5 644

Estimated living cost  is ₴4256 per week

₴2638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1148
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
-₴7824
-₴6339
-₴8272
-₴13349
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
other
-
-
-
475
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
total
-
-
-
4 586
Employee
18 649
-
7 987
-
income
3 211
-
1 374
-
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.

1 305
-
559
-
health
261
-
112
-
unemployment
186
-
80
-
total
4 963
-
2 125
-
Employer
18 649
-
7 987
-
other
933
-
399
-
unemployment
186
-
80
-
health
261
-
112
-
accident
149
-
64
-
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.

3 171
-
1 358
-
total
4 700
-
2 013
-
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
9 663
2 653
4 138
4 586
After tax
337
7 347
5 862
5 414
Living cost
13 686
13 686
13 686
13 686
Free-cash
-13 349
-6 339
-7 824
-8 272

Estimated living cost  is ₴13686 per week

₴9670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2871
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
-₴26419
-₴26498
-₴26032
-₴44683
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
-
-
-
1 990
pensions
-
-
-
51
total
-
-
-
2 041
Employee
48 092
-
9 472
-
income
8 669
-
1 893
-
health
792
-
1
-
pensions
4 640
-
6
-
total
14 101
-
1 900
-
Employer
48 092
-
9 472
-
health
913
-
180
-
pensions
5 678
-
348
-
total
6 591
-
528
-
Corporate
-
10 000
-
-
income

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

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
20 692
2 507
2 428
2 041
After tax
-10 692
7 493
7 572
7 959
Living cost
33 991
33 991
33 991
33 991
Free-cash
-44 683
-26 498
-26 419
-26 032

Estimated living cost  is ₴33991 per week

₴25470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4251
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
-₴337
₴1899
-₴821
-₴536
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
8 807
-
8 359
-
income
881
-
836
-
accident

We are using the highest rate at 1.1%.

97
-
92
-
pensions

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

773
-
734
-
health
405
-
384
-
total
2 156
-
2 046
-
Employer
8 807
-
8 359
-
unemployment
53
-
50
-
health
608
-
577
-
accident

We are using the highest rate at 1.1%.

97
-
92
-
pensions

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

971
-
921
-
total
1 729
-
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
3 885
1 450
3 686
4 170
After tax
6 115
8 550
6 314
5 830
Living cost
6 651
6 651
6 651
6 651
Free-cash
-536
1 899
-337
-821

Estimated living cost  is ₴6651 per week

₴3883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2117
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
-₴47969
-₴45086
-₴22716
-₴45958
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
-
-
-
1 799
total
-
-
-
4 234
Employee
47 620
43 862
43 862
-
income

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

7 179
7 179
7 179
-
pensions
6 018
6 018
7 895
-
health
5 941
5 726
6 732
-
total
19 138
18 923
21 806
-
Employer
47 620
43 862
43 862
-
unemployment
1 715
1 579
1 579
-
health
3 309
3 049
3 049
-
pensions
3 314
3 053
3 053
-
total
8 338
7 681
7 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
27 476
26 604
29 487
4 234
After tax
-17 476
-16 604
-19 487
5 766
Living cost
28 482
28 482
28 482
28 482
Free-cash
-45 958
-45 086
-47 969
-22 716

Estimated living cost  is ₴28482 per week

₴21010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2544
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.
₴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 Amsterdam model

Close
Brno , Czech Republic
-₴7587
-₴5776
-₴7790
-₴14950
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
18 619
-
7 463
-
social contributions
1 210
-
485
-
solidarity contribution
-
-
-
-
income
2 234
-
896
-
health
2 514
-
1 007
-
total
5 958
-
2 388
-
Employer
18 619
-
7 463
-
health
1 676
-
672
-
social contributions
4 655
-
1 866
-
total
6 331
-
2 538
-
Corporate
-
10 000
-
-
income
-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
10 000
10 000
10 000
10 000
Total tax
12 289
3 115
4 926
5 129
After tax
-2 289
6 885
5 074
4 871
Living cost
12 661
12 661
12 661
12 661
Free-cash
-14 950
-5 776
-7 587
-7 790

Estimated living cost  is ₴12661 per week

₴8795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2717
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
-₴18087
-₴16337
-₴17160
-₴35649
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
-
-
-
3 981
national
-
-
-
1 384
regional
-
-
-
74
municipal
-
-
-
48
total
-
-
-
5 487
Employee
45 648
-
10 000
-
social contributions
15 393
-
5 219
-
municipal
242
-
38
-
national
7 910
-
1 099
-
regional
431
-
58
-
total
23 976
-
6 414
-
Employer
45 648
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
390
-
-
total
-
2 790
-
-
Dividends
-
7 210
-
-
withholding
-
1 874
-
-
total
-
1 874
-
-
Income
10 000
10 000
10 000
10 000
Total tax
23 976
4 664
6 414
5 487
After tax
-13 976
5 336
3 586
4 513
Living cost
21 673
21 673
21 673
21 673
Free-cash
-35 649
-16 337
-18 087
-17 160

Estimated living cost  is ₴21673 per week

₴15108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴4811
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
-₴5794
-₴5044
-₴5597
-₴10561
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
other
-
-
-
-
health
-
-
-
711
income
-
-
-
1 435
pensions
-
-
-
2 000
surtax
-
-
-
-
unemployment
-
-
-
117
total
-
-
-
4 263
Employee
16 985
-
8 261
-
surtax
56
-
-
-
income
2 847
-
1 385
-
other
-
-
-
-
pensions
1 133
-
551
-
health
434
-
211
-
unemployment
1 182
-
575
-
total
5 652
-
2 722
-
Employer
16 985
-
8 261
-
other
-
-
-
-
unemployment
538
-
262
-
health
773
-
375
-
pensions
2 264
-
1 101
-
total
3 575
-
1 738
-
Corporate
-
10 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends
-
7 400
-
-
withholding
-
1 110
-
-
total
-
1 110
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 227
3 710
4 460
4 263
After tax
773
6 290
5 540
5 737
Living cost
11 334
11 334
11 334
11 334
Free-cash
-10 561
-5 044
-5 794
-5 597

Estimated living cost  is ₴11334 per week

₴6930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1046
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.
₴3097
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
-₴15650
-₴15729
-₴15263
-₴26332
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
-
-
-
1 990
pensions
-
-
-
51
total
-
-
-
2 041
Employee
32 230
-
9 472
-
income
5 805
-
1 893
-
health
468
-
1
-
pensions
2 736
-
6
-
total
9 009
-
1 900
-
Employer
32 230
-
9 472
-
health
612
-
180
-
pensions
3 489
-
348
-
total
4 101
-
528
-
Corporate
-
10 000
-
-
income

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

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 110
2 507
2 428
2 041
After tax
-3 110
7 493
7 572
7 959
Living cost
23 222
23 222
23 222
23 222
Free-cash
-26 332
-15 729
-15 650
-15 263

Estimated living cost  is ₴23222 per week

₴17398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1741
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.
₴3840
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
-₴34163
-₴36648
-₴32611
-₴42834
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
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
health
-
-
-
134
pensions
-
-
-
920
city
-
-
-
104
national
-
-
-
-
regional
-
-
-
33
total
-
-
-
1 391
Employee
48 238
-
8 394
-
national
228
-
-
-
city
518
-
83
-
pensions
4 053
-
1 327
-
health
109
-
19
-
regional
1 580
-
-
-
unemployment
-
-
-
-
total
6 488
-
1 429
-
Employer
48 238
-
8 394
-
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.

964
-
168
-
unemployment
-
-
-
-
health
109
-
19
-
pensions
4 053
-
1 327
-
total
5 126
-
1 514
-
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
11 614
5 428
2 943
1 391
After tax
-1 614
4 572
7 057
8 609
Living cost
41 220
41 220
41 220
41 220
Free-cash
-42 834
-36 648
-34 163
-32 611

Estimated living cost  is ₴41220 per week

₴26805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴506
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.
₴10210
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
-₴17039
-₴18457
-₴17039
-₴20869
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.

-
-
-
3 509
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 509
Employee

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

30 868
-
10 000
-
surtax

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

200
-
-
-
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.

3 630
-
-
-
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.

3 509
-
3 509
-
total
7 339
-
3 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
chamber of commerce
-
92
-
-
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
-
-
trade
-
1 715
-
-
income
-
1 500
-
-
total
-
3 390
-
-
Dividends
-
6 611
-
-
surtax

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

-
80
-
-
withholding
-
1 457
-
-
total
-
1 537
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 339
4 927
3 509
3 509
After tax
2 661
5 073
6 491
6 491
Living cost
23 530
23 530
23 530
23 530
Free-cash
-20 869
-18 457
-17 039
-17 039

Estimated living cost  is ₴23530 per week

₴17185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4157
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
-₴11030
-₴12533
-₴11716
-₴18847
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
other
-
-
-
310
social contributions
-
-
-
285
health
-
-
-
137
income
-
-
-
-
pensions
-
-
-
3 411
surtax
-
-
-
-
total
-
-
-
4 143
Employee
21 983
-
7 620
-
surtax
-
-
-
-
social contributions
627
-
216
-
income
1 297
-
-
-
pensions
2 486
-
861
-
total
4 410
-
1 077
-
Employer
21 983
-
7 620
-
other
758
-
263
-
unemployment
890
-
309
-
health
1 539
-
533
-
pensions
3 611
-
1 253
-
social contributions
66
-
22
-
total
6 864
-
2 380
-
Corporate
-
10 000
-
-
surtax
-
-
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
social contributions
-
1 239
-
-
surtax
-
-
-
-
withholding
-
921
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 274
4 960
3 457
4 143
After tax
-1 274
5 040
6 543
5 857
Living cost
17 573
17 573
17 573
17 573
Free-cash
-18 847
-12 533
-11 030
-11 716

Estimated living cost  is ₴17573 per week

₴11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4765
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
-₴9289
-₴10792
-₴9975
-₴15748
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
other
-
-
-
310
social contributions
-
-
-
285
health
-
-
-
137
income
-
-
-
-
pensions
-
-
-
3 411
surtax
-
-
-
-
total
-
-
-
4 143
Employee
19 623
-
7 620
-
surtax
-
-
-
-
social contributions
559
-
216
-
income
1 012
-
-
-
pensions
2 219
-
861
-
total
3 790
-
1 077
-
Employer
19 623
-
7 620
-
other
677
-
263
-
unemployment
794
-
309
-
health
1 373
-
533
-
pensions
3 224
-
1 253
-
social contributions
58
-
22
-
total
6 126
-
2 380
-
Corporate
-
10 000
-
-
surtax
-
-
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
social contributions
-
1 239
-
-
surtax
-
-
-
-
withholding
-
921
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 916
4 960
3 457
4 143
After tax
84
5 040
6 543
5 857
Living cost
15 832
15 832
15 832
15 832
Free-cash
-15 748
-10 792
-9 289
-9 975

Estimated living cost  is ₴15832 per week

₴9182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
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.
₴4742
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
-₴5467
-₴4790
-₴4469
-₴8764
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
17 415
-
10 000
-
social contributions
2 404
-
1 380
-
income
2 905
-
2 498
-
health
1 215
-
698
-
total
6 524
-
4 576
-
Employer
17 415
-
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
-
-
social contributions
896
1 311
-
-
withholding
-
1 425
-
-
health
453
663
-
-
total
1 349
3 399
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 873
3 899
4 576
3 578
After tax
2 127
6 101
5 424
6 422
Living cost
10 891
10 891
10 891
10 891
Free-cash
-8 764
-4 790
-5 467
-4 469

Estimated living cost  is ₴10891 per week

₴7289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴2679
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
-₴15967
-₴19794
-₴14004
-₴23641
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
income
-
-
-
-
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
surtax
-
-
-
101
unemployment
-
-
-
3 150
total
-
-
-
5 906
Employee
25 669
20 469
20 469
-
income
2 922
1 510
2 291
-
other
256
205
69
-
pensions
2 629
2 096
709
-
health
993
792
268
-
unemployment
770
614
208
-
total
7 570
5 217
3 545
-
Employer
25 669
20 469
20 469
-
other
1 219
972
857
-
unemployment
770
614
208
-
health
970
774
261
-
surtax
101
101
101
-
accident
333
266
90
-
pensions
3 221
2 569
868
-
payroll
770
614
614
-
chamber of commerce
102
82
82
-
total
7 486
5 992
3 081
-
Corporate
1 949
1 949
4 970
-
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.

487
487
1 243
-
total
487
487
1 243
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 543
11 696
7 869
5 906
After tax
-5 543
-1 696
2 131
4 094
Living cost
18 098
18 098
18 098
18 098
Free-cash
-23 641
-19 794
-15 967
-14 004

Estimated living cost  is ₴18098 per week

₴12071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4186
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
-₴14082
-₴12969
-₴13697
-₴37436
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
-
-
-
2 708
communal

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

-
-
-
438
national
-
-
-
1 823
total
-
-
-
4 969
Employee

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

36 740
-
7 745
-
national
11 295
-
1 683
-
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.

2 756
-
581
-
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.

1 726
-
364
-
communal

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

1 916
-
404
-
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.

320
-
67
-
total
18 013
-
3 099
-
Employer

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

36 740
-
7 745
-
unemployment

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

536
-
113
-
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.

2 259
-
477
-
surtax
4 166
-
879
-
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.

478
-
100
-
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.

3 256
-
686
-
total
10 695
-
2 255
-
Corporate
-
10 000
-
-
surtax
-
40
-
-
income
-
2 000
-
-
total
-
2 040
-
-
Dividends
-
7 960
-
-
withholding

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

-
2 201
-
-
total
-
2 201
-
-
Income
10 000
10 000
10 000
10 000
Total tax
28 708
4 241
5 354
4 969
After tax
-18 708
5 759
4 646
5 031
Living cost
18 728
18 728
18 728
18 728
Free-cash
-37 436
-12 969
-14 082
-13 697

Estimated living cost  is ₴18728 per week

₴12063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1638
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.
₴4734
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
-₴15761
-₴11717
-₴13132
-₴23718
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
1 270
pensions
-
-
-
3 126
unemployment
-
-
-
77
total
-
-
-
4 583
Employee
25 567
-
4 532
-
income
5 395
-
654
-
other
25
-
18
-
pensions
1 202
-
806
-
unemployment
397
-
266
-
total
7 019
-
1 744
-
Employer
25 567
-
4 532
-
other
204
-
137
-
unemployment
1 407
-
944
-
accident
506
-
339
-
pensions
6 033
-
4 048
-
total
8 150
-
5 468
-
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
-
1 668
-
-
total
-
1 668
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 169
3 168
7 212
4 583
After tax
-5 169
6 832
2 788
5 417
Living cost
18 549
18 549
18 549
18 549
Free-cash
-23 718
-11 717
-15 761
-13 132

Estimated living cost  is ₴18549 per week

₴13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3306
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
-₴24160
-₴21070
-₴24159
-₴33543
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
-
-
-
1 832
accident
-
-
-
220
income
-
-
-
-
pensions
-
-
-
3 911
communal
-
-
-
-
surtax
-
-
-
283
total
-
-
-
6 246
Employee
38 897
-
7 079
-
surtax
2 384
-
283
-
income
3 757
-
-
-
pensions
3 111
-
1 955
-
health
1 731
-
1 088
-
total
10 983
-
3 326
-
Employer
38 897
-
7 079
-
health
1 186
-
746
-
accident
350
-
220
-
pensions
3 111
-
1 955
-
total
4 647
-
2 921
-
Corporate
-
10 000
-
-
surtax
-
105
-
-
income
-
1 500
-
-
communal
-
-
-
-
total
-
1 605
-
-
Dividends
-
8 395
-
-
income
-
293
-
-
withholding
-
1 259
-
-
total
-
1 552
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 630
3 157
6 247
6 246
After tax
-5 630
6 843
3 753
3 754
Living cost
27 913
27 913
27 913
27 913
Free-cash
-33 543
-21 070
-24 160
-24 159

Estimated living cost  is ₴27913 per week

₴20939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4987
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
-₴5997
-₴5247
-₴5800
-₴10940
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
other
-
-
-
-
health
-
-
-
711
income
-
-
-
1 435
pensions
-
-
-
2 000
surtax
-
-
-
-
unemployment
-
-
-
117
total
-
-
-
4 263
Employee
17 297
-
8 261
-
surtax
61
-
-
-
income
2 900
-
1 385
-
other
-
-
-
-
pensions
1 154
-
551
-
health
442
-
211
-
unemployment
1 204
-
575
-
total
5 761
-
2 722
-
Employer
17 297
-
8 261
-
other
-
-
-
-
unemployment
549
-
262
-
health
787
-
375
-
pensions
2 306
-
1 101
-
total
3 642
-
1 738
-
Corporate
-
10 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends
-
7 400
-
-
withholding
-
1 110
-
-
total
-
1 110
-
-
Income
10 000
10 000
10 000
10 000
Total tax
9 403
3 710
4 460
4 263
After tax
597
6 290
5 540
5 737
Living cost
11 537
11 537
11 537
11 537
Free-cash
-10 940
-5 247
-5 997
-5 800

Estimated living cost  is ₴11537 per week

₴6965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
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.
₴3301
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
-₴10289
-₴8580
-₴9371
-₴18493
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
-
-
-
3 981
national
-
-
-
1 384
regional
-
-
-
122
municipal
-
-
-
48
total
-
-
-
5 535
Employee
28 492
-
10 000
-
social contributions
9 608
-
5 219
-
municipal
151
-
38
-
national
4 514
-
1 099
-
regional
384
-
97
-
total
14 657
-
6 453
-
Employer
28 492
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
497
-
-
total
-
2 897
-
-
Dividends
-
7 103
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 657
4 744
6 453
5 535
After tax
-4 657
5 256
3 547
4 465
Living cost
13 836
13 836
13 836
13 836
Free-cash
-18 493
-8 580
-10 289
-9 371

Estimated living cost  is ₴13836 per week

₴8605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1402
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.
₴3593
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
-₴10528
-₴8717
-₴10731
-₴20744
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
22 944
-
7 463
-
social contributions
1 491
-
485
-
solidarity contribution
-
-
-
-
income
2 753
-
896
-
health
3 097
-
1 007
-
total
7 341
-
2 388
-
Employer
22 944
-
7 463
-
health
2 065
-
672
-
social contributions
5 736
-
1 866
-
total
7 801
-
2 538
-
Corporate
-
10 000
-
-
income
-
1 900
-
-
total
-
1 900
-
-
Dividends
-
8 100
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
10 000
10 000
10 000
10 000
Total tax
15 142
3 115
4 926
5 129
After tax
-5 142
6 885
5 074
4 871
Living cost
15 602
15 602
15 602
15 602
Free-cash
-20 744
-8 717
-10 528
-10 731

Estimated living cost  is ₴15602 per week

₴11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2865
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
-₴14200
-₴17982
-₴12192
-₴19401
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
income
-
-
-
-
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
surtax
-
-
-
-
unemployment
-
-
-
3 150
total
-
-
-
5 805
Employee
22 452
20 469
20 469
-
income
2 000
1 510
2 286
-
other
224
205
70
-
pensions
2 299
2 096
716
-
health
868
792
271
-
unemployment
674
614
210
-
total
6 065
5 217
3 553
-
Employer
22 452
20 469
20 469
-
other
1 066
972
858
-
unemployment
674
614
210
-
health
849
774
264
-
surtax
-
-
-
-
accident
291
266
91
-
pensions
2 818
2 569
878
-
payroll
674
614
614
-
chamber of commerce
90
82
82
-
total
6 462
5 891
2 997
-
Corporate
1 949
1 949
5 054
-
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.

487
487
1 263
-
total
487
487
1 263
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 014
11 595
7 813
5 805
After tax
-3 014
-1 595
2 187
4 195
Living cost
16 387
16 387
16 387
16 387
Free-cash
-19 401
-17 982
-14 200
-12 192

Estimated living cost  is ₴16387 per week

₴9830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4591
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
₴1367
₴2867
₴3267
₴1624
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
10 000
microenterprise

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

-
-
-
100
total
-
-
-
100
Employee
8 291
-
10 000
-
income
1 658
-
2 000
-
total
1 658
-
2 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

1 709
10 000
-
-
total
-
-
-
-
Dividends
1 709
10 000
-
-
withholding
85
500
-
-
total
85
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 743
500
2 000
100
After tax
8 257
9 500
8 000
9 900
Living cost
6 633
6 633
6 633
6 633
Free-cash
1 624
2 867
1 367
3 267

Estimated living cost  is ₴6633 per week

₴4488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1643
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
-₴8114
-₴6892
-₴7750
-₴16251
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
-
-
-
983
income
-
-
-
1 148
pensions
-
-
-
1 827
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.

22 713
-
8 653
-
income
3 917
-
1 078
-
pensions
3 521
-
1 341
-
health
1 467
-
559
-
unemployment
32
-
12
-
total
8 937
-
2 990
-
Employer

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

22 713
-
8 653
-
unemployment
14
-
5
-
health
1 513
-
576
-
pensions
2 010
-
766
-
total
3 537
-
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
12 474
3 115
4 337
3 973
After tax
-2 474
6 885
5 663
6 027
Living cost
13 777
13 777
13 777
13 777
Free-cash
-16 251
-6 892
-8 114
-7 750

Estimated living cost  is ₴13777 per week

₴9455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3173
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
-₴20923
-₴17120
-₴16293
-₴70183
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
33 271
-
3 314
-
social contributions
2 728
-
389
-
income
7 339
-
644
-
total
10 067
-
1 033
-
Employer
33 271
-
3 314
-
social contributions
46 912
-
6 686
-
total
46 912
-
6 686
-
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
56 979
3 916
7 719
3 089
After tax
-46 979
6 084
2 281
6 911
Living cost
23 204
23 204
23 204
23 204
Free-cash
-70 183
-17 120
-20 923
-16 293

Estimated living cost  is ₴23204 per week

₴15055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2182
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.
₴5670
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
-₴9986
-₴10424
-₴10170
-₴19234
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
23 623
-
8 081
-
surtax
-
-
-
-
social contributions
2 599
-
889
-
income
4 914
-
1 067
-
total
7 513
-
1 956
-
Employer
23 623
-
8 081
-
social contributions
5 610
-
1 919
-
total
5 610
-
1 919
-
Corporate
-
10 000
-
-
surtax
-
-
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 213
-
-
total
-
2 213
-
-
Income
10 000
10 000
10 000
10 000
Total tax
13 123
4 313
3 875
4 059
After tax
-3 123
5 687
6 125
5 941
Living cost
16 111
16 111
16 111
16 111
Free-cash
-19 234
-10 424
-9 986
-10 170

Estimated living cost  is ₴16111 per week

₴12054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴2837
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
-₴18265
-₴19768
-₴18951
-₴32217
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
other
-
-
-
310
social contributions
-
-
-
285
health
-
-
-
137
income
-
-
-
-
pensions
-
-
-
3 411
surtax
-
-
-
-
total
-
-
-
4 143
Employee
32 170
-
7 620
-
surtax
-
-
-
-
social contributions
916
-
216
-
income
2 807
-
-
-
pensions
3 639
-
861
-
total
7 362
-
1 077
-
Employer
32 170
-
7 620
-
other
1 110
-
263
-
unemployment
1 303
-
309
-
health
2 252
-
533
-
pensions
5 286
-
1 253
-
social contributions
96
-
22
-
total
10 047
-
2 380
-
Corporate
-
10 000
-
-
surtax
-
-
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
social contributions
-
1 239
-
-
surtax
-
-
-
-
withholding
-
921
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
17 409
4 960
3 457
4 143
After tax
-7 409
5 040
6 543
5 857
Living cost
24 808
24 808
24 808
24 808
Free-cash
-32 217
-19 768
-18 265
-18 951

Estimated living cost  is ₴24808 per week

₴16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5648
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
-₴7344
-₴6440
-₴7640
-₴9073
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
10 000
income
-
-
-
-
social contributions
-
-
-
2 200
total
-
-
-
2 200
Employee
16 513
-
8 658
-
income
-
-
-
-
social contributions
1 073
-
562
-
total
1 073
-
562
-
Employer
16 513
-
8 658
-
social contributions
2 560
-
1 342
-
total
2 560
-
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
3 633
1 000
1 904
2 200
After tax
6 367
9 000
8 096
7 800
Living cost
15 440
15 440
15 440
15 440
Free-cash
-9 073
-6 440
-7 344
-7 640

Estimated living cost  is ₴15440 per week

₴9983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4002
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
-₴101755
-₴101755
-₴16959
-₴101755
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
labour market
-
-
-
764
pensions
-
-
-
445
national
-
-
-
431
municipal
-
-
-
616
total
-
-
-
2 256
Employee
104 264
104 264
104 264
-
labour market
8 329
8 329
8 329
-
municipal
22 202
22 202
22 202
-
national
12 738
12 738
12 738
-
pensions
148
148
148
-
total
43 417
43 417
43 417
-
Employer
104 264
104 264
104 264
-
national
12 760
12 760
12 760
-
labour market
8 341
8 341
8 341
-
pensions
296
296
296
-
municipal
22 238
22 238
22 238
-
total
43 635
43 635
43 635
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
87 052
87 052
87 052
2 256
After tax
-77 052
-77 052
-77 052
7 744
Living cost
24 703
24 703
24 703
24 703
Free-cash
-101 755
-101 755
-101 755
-16 959

Estimated living cost  is ₴24703 per week

₴16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5231
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
-₴5908
-₴10378
-₴5920
-₴11187
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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
1 137
pensions
-
-
-
2 148
total
-
-
-
4 732
Employee
17 600
-
8 307
-
income
2 415
-
1 140
-
pensions
1 982
-
935
-
health
2 015
-
951
-
total
6 412
-
3 026
-
Employer
17 600
-
8 307
-
unemployment
431
-
204
-
accident
294
-
139
-
pensions
2 862
-
1 351
-
total
3 587
-
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
9 999
9 190
4 720
4 732
After tax
1
810
5 280
5 268
Living cost
11 188
11 188
11 188
11 188
Free-cash
-11 187
-10 378
-5 908
-5 920

Estimated living cost  is ₴11188 per week

₴8144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
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.
₴2197
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
-₴13390
-₴12800
-₴11520
-₴22121
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
-
-
-
-
national
-
-
-
-
municipal
-
-
-
1 800
total
-
-
-
1 800
Employee
27 023
-
8 412
-
municipal
4 426
-
1 389
-
national
446
-
-
-
pensions
1 824
-
568
-
health
202
-
-
-
unemployment
405
-
126
-
total
7 303
-
2 083
-
Employer
27 023
-
8 412
-
unemployment
175
-
55
-
health
208
-
64
-
accident
27
-
9
-
pensions
4 688
-
1 459
-
total
5 098
-
1 587
-
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
12 401
3 080
3 670
1 800
After tax
-2 401
6 920
6 330
8 200
Living cost
19 720
19 720
19 720
19 720
Free-cash
-22 121
-12 800
-13 390
-11 520

Estimated living cost  is ₴19720 per week

₴12881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4629
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
-₴9016
-₴13507
-₴5436
-₴9816
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
19 526
social contributions
-
-
-
3 046
health
-
-
-
498
income
-
-
-
-
total
-
-
-
3 544
Employee
39 496
39 496
39 496
-
social contributions
1 493
3 278
1 105
-
income
4 300
3 656
4 441
-
health
306
672
226
-
total
6 099
7 606
5 772
-
Employer
39 496
39 496
39 496
-
health
332
731
247
-
social contributions
1 493
3 278
1 105
-
total
1 825
4 009
1 352
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 924
11 615
7 124
3 544
After tax
2 076
-1 615
2 876
6 456
Living cost
11 892
11 892
11 892
11 892
Free-cash
-9 816
-13 507
-9 016
-5 436

Estimated living cost  is ₴11892 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3335
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
-₴1887
₴126
-₴3734
-₴3002
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
-
-
-
1 859
income
-
-
-
438
pensions
-
-
-
3 267
unemployment
-
-
-
15
total
-
-
-
5 579
Employee

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

11 790
-
9 065
-
income
806
-
620
-
pensions
1 768
-
1 360
-
health
1 002
-
771
-
unemployment
58
-
46
-
total
3 634
-
2 797
-
Employer

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

11 790
-
9 065
-
unemployment
58
-
46
-
health
507
-
390
-
pensions
648
-
499
-
total
1 213
-
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
4 847
1 719
3 732
5 579
After tax
5 153
8 281
6 268
4 421
Living cost
8 155
8 155
8 155
8 155
Free-cash
-3 002
126
-1 887
-3 734

Estimated living cost  is ₴8155 per week

₴5203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴588
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.
₴2121
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
-₴11336
-₴7292
-₴8707
-₴15046
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
1 270
pensions
-
-
-
3 126
unemployment
-
-
-
77
total
-
-
-
4 583
Employee
18 992
-
4 532
-
income
3 661
-
654
-
other
19
-
18
-
pensions
893
-
806
-
unemployment
294
-
266
-
total
4 867
-
1 744
-
Employer
18 992
-
4 532
-
other
152
-
137
-
unemployment
1 045
-
944
-
accident
376
-
339
-
pensions
4 482
-
4 048
-
total
6 055
-
5 468
-
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
-
1 668
-
-
total
-
1 668
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 922
3 168
7 212
4 583
After tax
-922
6 832
2 788
5 417
Living cost
14 124
14 124
14 124
14 124
Free-cash
-15 046
-7 292
-11 336
-8 707

Estimated living cost  is ₴14124 per week

₴9534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2986
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
₴4929
₴5293
₴4997
₴5138
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
-
-
-
501
income
-
-
-
2 864
pensions
-
-
-
691
total
-
-
-
4 056
Employee
1 443
-
9 223
-
income
279
-
2 828
-
pensions
130
-
311
-
health
72
-
173
-
unemployment
14
-
35
-
total
495
-
3 347
-
Employer
1 443
-
9 223
-
unemployment
29
-
69
-
health
137
-
328
-
pensions
159
-
380
-
total
325
-
777
-
Corporate
8 233
10 000
-
-
income
1 811
2 200
-
-
total
1 811
2 200
-
-
Dividends
6 422
7 800
-
-
withholding
1 284
1 560
-
-
total
1 284
1 560
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 915
3 760
4 124
4 056
After tax
6 085
6 240
5 876
5 944
Living cost
947
947
947
947
Free-cash
5 138
5 293
4 929
4 997

Estimated living cost  is ₴947 per week

₴563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
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.
₴286
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
-₴2942
-₴1646
-₴3371
-₴5771
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
-
-
-
720
pensions
-
-
-
2 600
unemployment
-
-
-
150
total
-
-
-
4 500
Employee

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

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

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

13 378
-
8 482
-
income
1 844
-
864
-
pensions
1 873
-
1 187
-
health
689
-
437
-
unemployment
100
-
64
-
total
4 506
-
2 552
-
Employer

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

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

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

13 378
-
8 482
-
unemployment
100
-
64
-
health
689
-
437
-
pensions
1 605
-
1 018
-
total
2 394
-
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
6 900
2 775
4 071
4 500
After tax
3 100
7 225
5 929
5 500
Living cost
8 871
8 871
8 871
8 871
Free-cash
-5 771
-1 646
-2 942
-3 371

Estimated living cost  is ₴8871 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴686
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.
₴1955
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
-₴7722
-₴8160
-₴7906
-₴14669
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
19 935
-
8 081
-
surtax
-
-
-
-
social contributions
2 193
-
889
-
income
3 895
-
1 067
-
total
6 088
-
1 956
-
Employer
19 935
-
8 081
-
social contributions
4 734
-
1 919
-
total
4 734
-
1 919
-
Corporate
-
10 000
-
-
surtax
-
-
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
7 900
-
-
withholding
-
2 213
-
-
total
-
2 213
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 822
4 313
3 875
4 059
After tax
-822
5 687
6 125
5 941
Living cost
13 847
13 847
13 847
13 847
Free-cash
-14 669
-8 160
-7 722
-7 906

Estimated living cost  is ₴13847 per week

₴9808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
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.
₴2833
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
-₴15263
-₴11219
-₴12634
-₴22715
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
1 270
pensions
-
-
-
3 126
unemployment
-
-
-
77
total
-
-
-
4 583
Employee
24 806
-
4 532
-
income
5 181
-
654
-
other
24
-
18
-
pensions
1 166
-
806
-
unemployment
384
-
266
-
total
6 755
-
1 744
-
Employer
24 806
-
4 532
-
other
199
-
137
-
unemployment
1 365
-
944
-
accident
491
-
339
-
pensions
5 854
-
4 048
-
total
7 909
-
5 468
-
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
-
1 668
-
-
total
-
1 668
-
-
Income
10 000
10 000
10 000
10 000
Total tax
14 664
3 168
7 212
4 583
After tax
-4 664
6 832
2 788
5 417
Living cost
18 051
18 051
18 051
18 051
Free-cash
-22 715
-11 219
-15 263
-12 634

Estimated living cost  is ₴18051 per week

₴12964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3430
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
-₴2413
-₴177
-₴2897
-₴3822
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
11 555
-
8 359
-
income
1 156
-
836
-
accident

We are using the highest rate at 1.1%.

127
-
92
-
pensions

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

1 014
-
734
-
health
532
-
384
-
total
2 829
-
2 046
-
Employer
11 555
-
8 359
-
unemployment
69
-
50
-
health
797
-
577
-
accident

We are using the highest rate at 1.1%.

127
-
92
-
pensions

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

1 273
-
921
-
total
2 266
-
1 640
-
Corporate
-
10 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
Dividends
-
9 000
-
-
withholding
-
450
-
-
total
-
450
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 095
1 450
3 686
4 170
After tax
4 905
8 550
6 314
5 830
Living cost
8 727
8 727
8 727
8 727
Free-cash
-3 822
-177
-2 413
-2 897

Estimated living cost  is ₴8727 per week

₴5772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2247
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
-₴13339
-₴14552
-₴13339
-₴15556
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.

-
-
-
3 509
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 509
Employee

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

25 556
-
10 000
-
surtax

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

116
-
-
-
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.

2 101
-
-
-
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.

3 509
-
3 509
-
total
5 726
-
3 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
chamber of commerce
-
93
-
-
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
-
-
trade
-
1 435
-
-
income
-
1 500
-
-
total
-
3 111
-
-
Dividends
-
6 890
-
-
surtax

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

-
84
-
-
withholding
-
1 527
-
-
total
-
1 611
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 726
4 722
3 509
3 509
After tax
4 274
5 278
6 491
6 491
Living cost
19 830
19 830
19 830
19 830
Free-cash
-15 556
-14 552
-13 339
-13 339

Estimated living cost  is ₴19830 per week

₴13679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2134
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.
₴3729
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
-₴19856
-₴22259
-₴19856
-₴30178
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
-
-
-
392
social contributions
-
-
-
205
total
-
-
-
597
Employee
40 177
-
10 000
-
income
7 581
-
392
-
social contributions
3 338
-
205
-
total
10 919
-
597
-
Employer
40 177
-
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
10 919
3 000
597
597
After tax
-919
7 000
9 403
9 403
Living cost
29 259
29 259
29 259
29 259
Free-cash
-30 178
-22 259
-19 856
-19 856

Estimated living cost  is ₴29259 per week

₴22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2384
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.
₴4336
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
-₴10465
-₴13678
-₴26431
-₴17457
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
10 000
income
-
-
-
14 621
health

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

-
-
-
3 165
total
-
-
-
17 786
Employee
23 562
-
9 089
-
income
2 557
-
-
-
social contributions
2 361
-
910
-
total
4 918
-
910
-
Employer
23 562
-
9 089
-
social contributions
2 361
-
910
-
total
2 361
-
910
-
Corporate
-
10 000
-
-
income
-
3 500
-
-
total
-
3 500
-
-
Dividends
-
6 500
-
-
social contributions
1 533
1 533
-
-
total
1 533
1 533
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 812
5 033
1 820
17 786
After tax
1 188
4 967
8 180
-7 786
Living cost
18 645
18 645
18 645
18 645
Free-cash
-17 457
-13 678
-10 465
-26 431

Estimated living cost  is ₴18645 per week

₴12281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
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.
₴4607
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
-₴11306
-₴11386
-₴10920
-₴19024
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
-
-
-
1 990
pensions
-
-
-
51
total
-
-
-
2 041
Employee
25 913
-
9 472
-
income
4 719
-
1 893
-
health
338
-
1
-
pensions
1 978
-
6
-
total
7 035
-
1 900
-
Employer
25 913
-
9 472
-
health
493
-
180
-
pensions
2 618
-
348
-
total
3 111
-
528
-
Corporate
-
10 000
-
-
income

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

-
1 899
-
-
total
-
1 899
-
-
Dividends
-
8 101
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 146
2 507
2 428
2 041
After tax
-146
7 493
7 572
7 959
Living cost
18 878
18 878
18 878
18 878
Free-cash
-19 024
-11 386
-11 306
-10 920

Estimated living cost  is ₴18878 per week

₴12951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴3955
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
-₴7016
-₴11486
-₴7028
-₴13285
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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
1 137
pensions
-
-
-
2 148
total
-
-
-
4 732
Employee
19 342
-
8 307
-
income
2 654
-
1 140
-
pensions
2 178
-
935
-
health
2 215
-
951
-
total
7 047
-
3 026
-
Employer
19 342
-
8 307
-
unemployment
474
-
204
-
accident
323
-
139
-
pensions
3 145
-
1 351
-
total
3 942
-
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
10 989
9 190
4 720
4 732
After tax
-989
810
5 280
5 268
Living cost
12 296
12 296
12 296
12 296
Free-cash
-13 285
-11 486
-7 016
-7 028

Estimated living cost  is ₴12296 per week

₴9024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2308
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
-₴679
₴1571
-₴679
-₴1086
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
work injury
-
-
-
50
pensions
-
-
-
1 840
unemployment
-
-
-
120
total
-
-
-
3 750
Employee

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

11 086
-
10 000
-
income
1 109
-
1 000
-
work injury
55
-
50
-
health insurance
820
-
740
-
pensions
2 040
-
1 840
-
unemployment
133
-
120
-
total
4 157
-
3 750
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
10 000
-
-
withholding
-
1 500
-
-
total
-
1 500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 157
1 500
3 750
3 750
After tax
5 843
8 500
6 250
6 250
Living cost
6 929
6 929
6 929
6 929
Free-cash
-1 086
1 571
-679
-679

Estimated living cost  is ₴6929 per week

₴4292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1917
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
-₴16906
-₴15195
-₴15986
-₴33281
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
-
-
-
3 981
national
-
-
-
1 384
regional
-
-
-
104
municipal
-
-
-
55
total
-
-
-
5 524
Employee
43 282
-
10 000
-
social contributions
14 594
-
5 219
-
municipal
258
-
43
-
national
7 314
-
1 099
-
regional
653
-
83
-
total
22 819
-
6 444
-
Employer
43 282
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
482
-
-
total
-
2 882
-
-
Dividends
-
7 118
-
-
withholding
-
1 851
-
-
total
-
1 851
-
-
Income
10 000
10 000
10 000
10 000
Total tax
22 819
4 733
6 444
5 524
After tax
-12 819
5 267
3 556
4 476
Living cost
20 462
20 462
20 462
20 462
Free-cash
-33 281
-15 195
-16 906
-15 986

Estimated living cost  is ₴20462 per week

₴14373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4372
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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