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

Andorra , Andorra
-₴2651
-₴2910
-₴2356
-₴1451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
10 000
social contributions
-
-
-
2 200
income
-
-
-
-
total
-
-
-
2 200
Employee
11 178
-
8 658
-
social contributions
726
-
563
-
income
-
-
-
-
total
726
-
563
-
Employer
11 178
-
8 658
-
social contributions
1 733
-
1 342
-
total
1 733
-
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
2 459
1 000
1 905
2 200
After tax
7 541
9 000
8 095
7 800
Living cost
10 451
10 451
10 451
10 451
Free-cash
-2 910
-1 451
-2 356
-2 651

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
Graz , Austria
-₴5879
-₴9902
-₴7930
-₴8942
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
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
765
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
income
-
-
-
-
total
-
-
-
4 787
Employee
15 198
13 856
13 856
-
unemployment
456
416
222
-
other
152
139
74
-
income
1 354
1 022
1 379
-
pensions
1 556
1 419
757
-
health
588
536
286
-
total
4 106
3 532
2 718
-
Employer
15 198
13 856
13 856
-
pensions
1 907
1 739
928
-
surtax
-
-
-
-
payroll
456
416
416
-
other
722
658
603
-
health
575
524
280
-
accident
197
180
96
-
unemployment
456
416
222
-
chamber of commerce
61
55
55
-
total
4 374
3 988
2 600
-
Corporate
1 320
1 320
6 080
-
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.

330
330
1 520
-
total
330
330
1 520
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 810
7 850
6 838
4 787
After tax
1 190
2 150
3 162
5 213
Living cost
11 092
11 092
11 092
11 092
Free-cash
-9 902
-8 942
-7 930
-5 879

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴3108
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
Vienna , Austria
-₴7107
-₴12773
-₴9126
-₴10170
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
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
765
chamber of commerce
-
-
-
40
pensions
-
-
-
1 850
income
-
-
-
-
total
-
-
-
4 856
Employee
17 376
13 856
13 856
-
unemployment
521
416
220
-
other
174
139
73
-
income
1 978
1 022
1 382
-
pensions
1 779
1 419
752
-
health
672
536
284
-
total
5 124
3 532
2 711
-
Employer
17 376
13 856
13 856
-
pensions
2 181
1 739
921
-
surtax
69
69
69
-
payroll
521
416
416
-
other
825
658
603
-
health
656
524
278
-
accident
226
180
96
-
unemployment
521
416
220
-
chamber of commerce
69
55
55
-
total
5 068
4 057
2 658
-
Corporate
1 320
1 320
6 023
-
income

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

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

330
330
1 506
-
total
330
330
1 506
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
10 522
7 919
6 875
4 856
After tax
-522
2 081
3 125
5 144
Living cost
12 251
12 251
12 251
12 251
Free-cash
-12 773
-10 170
-9 126
-7 107

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2834
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
-₴6086
-₴22108
-₴8030
-₴6978
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
national
-
-
-
2 600
communal

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

-
-
-
587
social contributions
-
-
-
222
total
-
-
-
3 409
Employee

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

24 870
-
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.

216
-
67
-
national
7 646
-
1 683
-
communal

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

1 297
-
404
-
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.

1 865
-
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.

1 168
-
364
-
total
12 192
-
3 099
-
Employer

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

24 870
-
7 745
-
surtax
2 820
-
879
-
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.

2 204
-
686
-
health

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

1 529
-
476
-
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.

323
-
100
-
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.

363
-
113
-
total
7 239
-
2 254
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
surtax
-
40
-
-
total
-
2 040
-
-
Dividends
-
7 960
-
-
withholding

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

-
2 261
-
-
total
-
2 261
-
-
Income
10 000
10 000
10 000
10 000
Total tax
19 431
4 301
5 353
3 409
After tax
-9 431
5 699
4 647
6 591
Living cost
12 677
12 677
12 677
12 677
Free-cash
-22 108
-6 978
-8 030
-6 086

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴3205
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
Sofia , Bulgaria
-₴152
₴448
₴331
₴2568
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
unemployment
-
-
-
40
health
-
-
-
1 150
pensions

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

-
-
-
1 480
income
-
-
-
1 500
total
-
-
-
4 170
Employee
7 921
-
8 360
-
accident

We are using the highest rate at 1.1%.

87
-
92
-
income
792
-
836
-
pensions

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

695
-
734
-
health
364
-
385
-
total
1 938
-
2 047
-
Employer
7 921
-
8 360
-
pensions

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

873
-
921
-
health
547
-
577
-
accident

We are using the highest rate at 1.1%.

87
-
92
-
unemployment
48
-
50
-
total
1 555
-
1 640
-
Corporate
525
10 000
-
-
income
53
1 000
-
-
total
53
1 000
-
-
Dividends
472
9 000
-
-
withholding
24
450
-
-
total
24
450
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 570
1 450
3 687
4 170
After tax
6 430
8 550
6 313
5 830
Living cost
5 982
5 982
5 982
5 982
Free-cash
448
2 568
331
-152

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1541
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
Varna , Bulgaria
₴1271
₴2376
₴1754
₴3991
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
unemployment
-
-
-
40
health
-
-
-
1 150
pensions

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

-
-
-
1 480
income
-
-
-
1 500
total
-
-
-
4 170
Employee
6 037
-
8 360
-
accident

We are using the highest rate at 1.1%.

66
-
92
-
income
604
-
836
-
pensions

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

530
-
734
-
health
278
-
385
-
total
1 478
-
2 047
-
Employer
6 037
-
8 360
-
pensions

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

665
-
921
-
health
417
-
577
-
accident

We are using the highest rate at 1.1%.

66
-
92
-
unemployment
36
-
50
-
total
1 184
-
1 640
-
Corporate
2 778
10 000
-
-
income
278
1 000
-
-
total
278
1 000
-
-
Dividends
2 501
9 000
-
-
withholding
125
450
-
-
total
125
450
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 065
1 450
3 687
4 170
After tax
6 935
8 550
6 313
5 830
Living cost
4 559
4 559
4 559
4 559
Free-cash
2 376
3 991
1 754
1 271

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1451
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
Larnaca , Cyprus
-₴449
-₴3415
-₴2882
-₴5913
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
-
-
-
13 217
health
-
-
-
337
social contributions
-
-
-
2 062
income
-
-
-
-
total
-
-
-
2 399
Employee
26 735
26 735
26 735
-
income
2 911
2 475
3 004
-
social contributions
1 011
2 219
753
-
health
207
455
154
-
total
4 129
5 149
3 911
-
Employer
26 735
26 735
26 735
-
social contributions
1 011
2 219
753
-
health
225
495
168
-
total
1 236
2 714
921
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 365
7 863
4 832
2 399
After tax
4 635
2 137
5 168
7 601
Living cost
8 050
8 050
8 050
8 050
Free-cash
-3 415
-5 913
-2 882
-449

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2258
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
Limassol , Cyprus
-₴3676
-₴7238
-₴6109
-₴9140
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
-
-
-
13 217
health
-
-
-
337
social contributions
-
-
-
2 062
income
-
-
-
-
total
-
-
-
2 399
Employee
26 735
26 735
26 735
-
income
2 807
2 475
3 004
-
social contributions
1 299
2 219
753
-
health
266
455
154
-
total
4 372
5 149
3 911
-
Employer
26 735
26 735
26 735
-
social contributions
1 299
2 219
753
-
health
290
495
168
-
total
1 589
2 714
921
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 961
7 863
4 832
2 399
After tax
4 039
2 137
5 168
7 601
Living cost
11 277
11 277
11 277
11 277
Free-cash
-7 238
-9 140
-6 109
-3 676

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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
Brno , Czech Republic
-₴3171
-₴5845
-₴2967
-₴1156
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
-
-
-
1 350
social contributions
-
-
-
2 920
income
-
-
-
860
solidarity contribution
-
-
-
-
total
-
-
-
5 130
Employee
11 826
-
7 463
-
income
1 419
-
896
-
social contributions
769
-
485
-
health
1 596
-
1 007
-
solidarity contribution
-
-
-
-
total
3 784
-
2 388
-
Employer
11 826
-
7 463
-
social contributions
2 956
-
1 866
-
health
1 064
-
672
-
total
4 020
-
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
7 804
3 115
4 926
5 130
After tax
2 196
6 885
5 074
4 870
Living cost
8 041
8 041
8 041
8 041
Free-cash
-5 845
-1 156
-2 967
-3 171

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
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.
₴1726
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
Prague , Czech Republic
-₴5039
-₴9526
-₴4835
-₴3024
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
-
-
-
1 350
social contributions
-
-
-
2 920
income
-
-
-
860
solidarity contribution
-
-
-
-
total
-
-
-
5 130
Employee
14 572
-
7 463
-
income
1 749
-
896
-
social contributions
947
-
485
-
health
1 967
-
1 007
-
solidarity contribution
-
-
-
-
total
4 663
-
2 388
-
Employer
14 572
-
7 463
-
social contributions
3 643
-
1 866
-
health
1 311
-
672
-
total
4 954
-
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
9 617
3 115
4 926
5 130
After tax
383
6 885
5 074
4 870
Living cost
9 909
9 909
9 909
9 909
Free-cash
-9 526
-3 024
-4 835
-5 039

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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
Copenhagen , Denmark
-₴9654
-₴65959
-₴65959
-₴65959
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
national
-
-
-
682
pensions
-
-
-
302
municipal
-
-
-
1 104
labour market
-
-
-
776
total
-
-
-
2 864
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
59 169
59 169
59 169
2 864
After tax
-49 169
-49 169
-49 169
7 136
Living cost
16 790
16 790
16 790
16 790
Free-cash
-65 959
-65 959
-65 959
-9 654

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
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
Tallinn , Estonia
-₴2246
-₴3197
-₴1841
-₴398
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
pensions
-
-
-
2 000
income
-
-
-
548
total
-
-
-
3 848
Employee
9 863
-
7 473
-
unemployment
158
-
119
-
income
1 110
-
649
-
pensions
197
-
150
-
total
1 465
-
918
-
Employer
9 863
-
7 473
-
pensions
1 973
-
1 494
-
health
1 282
-
971
-
unemployment
79
-
60
-
total
3 334
-
2 525
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
8 000
-
-
total
-
-
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 799
2 000
3 443
3 848
After tax
5 201
8 000
6 557
6 152
Living cost
8 398
8 398
8 398
8 398
Free-cash
-3 197
-398
-1 841
-2 246

Estimated living cost  is ₴8398 per week

₴5760
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.
₴169
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.
₴1969
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
Helsinki , Finland
-₴5156
-₴11743
-₴7020
-₴6428
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
national
-
-
-
-
health
-
-
-
9
municipal
-
-
-
1 799
total
-
-
-
1 808
Employee
18 292
-
8 413
-
unemployment
274
-
126
-
municipal
2 996
-
1 390
-
national
302
-
-
-
pensions
1 234
-
568
-
health
137
-
-
-
total
4 943
-
2 084
-
Employer
18 292
-
8 413
-
pensions
3 174
-
1 459
-
health
141
-
65
-
accident
18
-
9
-
unemployment
119
-
55
-
total
3 452
-
1 588
-
Corporate
-
10 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends

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

-
6 000
-
-
municipal
-
1 080
-
-
national
-
-
-
-
total
-
1 080
-
-
Income
10 000
10 000
10 000
10 000
Total tax
8 395
3 080
3 672
1 808
After tax
1 605
6 920
6 328
8 192
Living cost
13 348
13 348
13 348
13 348
Free-cash
-11 743
-6 428
-7 020
-5 156

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3133
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
Marseille , France
-₴4555
-₴7433
-₴4176
-₴5677
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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
3 151
social contributions
-
-
-
284
income
-
-
-
-
other
-
-
-
310
total
-
-
-
3 838
Employee
13 283
-
7 619
-
income
685
-
1
-
surtax
-
-
-
-
social contributions
379
-
217
-
pensions
1 502
-
862
-
total
2 566
-
1 080
-
Employer
13 283
-
7 619
-
pensions
2 183
-
1 251
-
social contributions
40
-
23
-
other
459
-
263
-
health
930
-
533
-
unemployment
538
-
309
-
total
4 150
-
2 379
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
social contributions
-
1 238
-
-
surtax
-
-
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
6 716
4 960
3 459
3 838
After tax
3 284
5 040
6 541
6 162
Living cost
10 717
10 717
10 717
10 717
Free-cash
-7 433
-5 677
-4 176
-4 555

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴3210
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
Nice , France
-₴5733
-₴9526
-₴5354
-₴6855
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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
3 151
social contributions
-
-
-
284
income
-
-
-
-
other
-
-
-
310
total
-
-
-
3 838
Employee
14 880
-
7 619
-
income
878
-
1
-
surtax
-
-
-
-
social contributions
424
-
217
-
pensions
1 682
-
862
-
total
2 984
-
1 080
-
Employer
14 880
-
7 619
-
pensions
2 445
-
1 251
-
social contributions
45
-
23
-
other
513
-
263
-
health
1 042
-
533
-
unemployment
602
-
309
-
total
4 647
-
2 379
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
social contributions
-
1 238
-
-
surtax
-
-
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
7 631
4 960
3 459
3 838
After tax
2 369
5 040
6 541
6 162
Living cost
11 895
11 895
11 895
11 895
Free-cash
-9 526
-6 855
-5 354
-5 733

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴3226
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
Paris , France
-₴10631
-₴18577
-₴10252
-₴11753
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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
3 151
social contributions
-
-
-
284
income
-
-
-
-
other
-
-
-
310
total
-
-
-
3 838
Employee
21 776
-
7 619
-
income
1 900
-
1
-
surtax
-
-
-
-
social contributions
620
-
217
-
pensions
2 463
-
862
-
total
4 983
-
1 080
-
Employer
21 776
-
7 619
-
pensions
3 578
-
1 251
-
social contributions
65
-
23
-
other
752
-
263
-
health
1 524
-
533
-
unemployment
882
-
309
-
total
6 801
-
2 379
-
Corporate
-
10 000
-
-
income
-
2 800
-
-
surtax
-
-
-
-
total
-
2 800
-
-
Dividends
-
7 200
-
-
withholding
-
922
-
-
social contributions
-
1 238
-
-
surtax
-
-
-
-
total
-
2 160
-
-
Income
10 000
10 000
10 000
10 000
Total tax
11 784
4 960
3 459
3 838
After tax
-1 784
5 040
6 541
6 162
Living cost
16 793
16 793
16 793
16 793
Free-cash
-18 577
-11 753
-10 252
-10 631

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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
Batumi , Georgia
₴7673
₴6855
₴5773
₴7273
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
2 784
-
10 000
-
income
557
-
2 000
-
total
557
-
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%.

7 216
10 000
-
-
total
-
-
-
-
Dividends
7 216
10 000
-
-
withholding
361
500
-
-
total
361
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
918
500
2 000
100
After tax
9 082
9 500
8 000
9 900
Living cost
2 227
2 227
2 227
2 227
Free-cash
6 855
7 273
5 773
7 673

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴601
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
Tbilisi , Georgia
₴6429
₴5378
₴4529
₴6029
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
4 339
-
10 000
-
income
868
-
2 000
-
total
868
-
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%.

5 661
10 000
-
-
total
-
-
-
-
Dividends
5 661
10 000
-
-
withholding
283
500
-
-
total
283
500
-
-
Income
10 000
10 000
10 000
10 000
Total tax
1 151
500
2 000
100
After tax
8 849
9 500
8 000
9 900
Living cost
3 471
3 471
3 471
3 471
Free-cash
5 378
6 029
4 529
6 429

Estimated living cost  is ₴3471 per week

₴2349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴860
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
Berlin , Germany
-₴6069
-₴7300
-₴6069
-₴8192
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
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.

-
-
-
14
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.

-
-
-
2 375
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.

-
-
-
257
trade
-
-
-
-
total
-
-
-
2 646
Employee

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

17 299
-
10 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 423
-
257
-
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.

79
-
14
-
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.

2 375
-
2 375
-
total
3 877
-
2 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
trade
-
1 435
-
-
income
-
1 500
-
-
chamber of commerce
-
67
-
-
surtax

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

-
82
-
-
total
-
3 084
-
-
Dividends
-
6 915
-
-
withholding
-
1 597
-
-
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.

-
88
-
-
total
-
1 685
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 877
4 769
2 646
2 646
After tax
6 123
5 231
7 354
7 354
Living cost
13 423
13 423
13 423
13 423
Free-cash
-7 300
-8 192
-6 069
-6 069

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
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.
₴2524
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
Dresden , Germany
-₴3177
-₴3297
-₴3177
-₴5403
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
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.

-
-
-
14
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.

-
-
-
2 375
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.

-
-
-
257
trade
-
-
-
-
total
-
-
-
2 646
Employee

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

13 298
-
10 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

371
-
257
-
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.

20
-
14
-
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.

2 375
-
2 375
-
total
2 766
-
2 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
trade
-
1 575
-
-
income
-
1 500
-
-
chamber of commerce
-
67
-
-
surtax

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

-
82
-
-
total
-
3 224
-
-
Dividends
-
6 776
-
-
withholding
-
1 562
-
-
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.

-
86
-
-
total
-
1 648
-
-
Income
10 000
10 000
10 000
10 000
Total tax
2 766
4 872
2 646
2 646
After tax
7 234
5 128
7 354
7 354
Living cost
10 531
10 531
10 531
10 531
Free-cash
-3 297
-5 403
-3 177
-3 177

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴2482
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
Hamburg , Germany
-₴6304
-₴7631
-₴6304
-₴8582
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
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.

-
-
-
14
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.

-
-
-
2 375
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.

-
-
-
257
trade
-
-
-
-
total
-
-
-
2 646
Employee

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

17 632
-
10 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 515
-
257
-
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
-
14
-
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.

2 375
-
2 375
-
total
3 973
-
2 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
trade
-
1 645
-
-
income
-
1 500
-
-
chamber of commerce
-
67
-
-
surtax

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

-
82
-
-
total
-
3 294
-
-
Dividends
-
6 706
-
-
withholding
-
1 545
-
-
surtax

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

-
85
-
-
total
-
1 630
-
-
Income
10 000
10 000
10 000
10 000
Total tax
3 973
4 924
2 646
2 646
After tax
6 027
5 076
7 354
7 354
Living cost
13 658
13 658
13 658
13 658
Free-cash
-7 631
-8 582
-6 304
-6 304

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2879
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
Munich , Germany
-₴8574
-₴10895
-₴8574
-₴10903
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
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.

-
-
-
14
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.

-
-
-
2 375
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.

-
-
-
257
trade
-
-
-
-
total
-
-
-
2 646
Employee

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

20 895
-
10 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

2 457
-
257
-
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.

135
-
14
-
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.

2 375
-
2 375
-
total
4 967
-
2 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 000
-
-
trade
-
1 715
-
-
income
-
1 500
-
-
chamber of commerce
-
67
-
-
surtax

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

-
82
-
-
total
-
3 364
-
-
Dividends
-
6 636
-
-
withholding
-
1 527
-
-
surtax

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

-
84
-
-
total
-
1 611
-
-
Income
10 000
10 000
10 000
10 000
Total tax
4 967
4 975
2 646
2 646
After tax
5 033
5 025
7 354
7 354
Living cost
15 928
15 928
15 928
15 928
Free-cash
-10 895
-10 903
-8 574
-8 574

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2814
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
Athens , Greece
-₴2041
-₴4173
-₴2268
-₴1519
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
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
711
pensions
-
-
-
2 000
income
-
-
-
1 442
other
-
-
-
-
total
-
-
-
4 232
Employee
11 709
-
8 261
-
unemployment
815
-
575
-
other
-
-
-
-
income
1 963
-
1 385
-
surtax
42
-
-
-
pensions
781
-
551
-
health
299
-
210
-
total
3 900
-
2 721
-
Employer
11 709
-
8 261
-
pensions
1 561
-
1 101
-
other
-
-
-
-
health
532
-
375
-
unemployment
371
-
262
-
total
2 464
-
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
6 364
3 710
4 459
4 232
After tax
3 636
6 290
5 541
5 768
Living cost
7 809
7 809
7 809
7 809
Free-cash
-4 173
-1 519
-2 268
-2 041

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2235
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
Thessaloniki , Greece
-₴1904
-₴3918
-₴2131
-₴1382
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
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
711
pensions
-
-
-
2 000
income
-
-
-
1 442
other
-
-
-
-
total
-
-
-
4 232
Employee
11 498
-
8 261
-
unemployment
800
-
575
-
other
-
-
-
-
income
1 927
-
1 385
-
surtax
38
-
-
-
pensions
767
-
551
-
health
294
-
210
-
total
3 826
-
2 721
-
Employer
11 498
-
8 261
-
pensions
1 533
-
1 101
-
other
-
-
-
-
health
523
-
375
-
unemployment
364
-
262
-
total
2 420
-
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
6 246
3 710
4 459
4 232
After tax
3 754
6 290
5 541
5 768
Living cost
7 672
7 672
7 672
7 672
Free-cash
-3 918
-1 382
-2 131
-1 904

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
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.
₴2096
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
Budapest , Hungary
-₴25
-₴1995
-₴1157
-₴1215
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
unemployment
-
-
-
150
health
-
-
-
700
pensions
-
-
-
1 000
income
-
-
-
1 222
total
-
-
-
3 072
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.

10 037
3 994
8 368
-
unemployment
151
60
126
-
income
1 227
488
1 023
-
pensions
1 004
399
837
-
health
703
280
586
-
total
3 085
1 227
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.

10 037
3 994
8 368
-
pensions
1 957
779
1 632
-
total
1 957
779
1 632
-
Corporate
-
5 227
-
-
income
-
470
-
-
total
-
470
-
-
Dividends
-
4 756
-
-
withholding
-
904
-
-
social contributions
-
882
-
-
total
-
1 786
-
-
Income
10 000
10 000
10 000
10 000
Total tax
5 042
4 262
4 204
3 072
After tax
4 958
5 738
5 796
6 928
Living cost
6 953
6 953
6 953
6 953
Free-cash
-1 995
-1 215
-1 157
-25

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1500
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
Reykjavik , Iceland
-₴10017
-₴18390
-₴9940
-₴10550
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
national
-
-
-
1 167
pensions
-
-
-
1 200
social contributions
-
-
-
107
municipal
-
-
-
753
total
-
-
-
3 227
Employee
26 027
-
8 645
-
municipal
3 215
-
792
-
national
4 982
-
1 227
-
pensions
1 041
-
346
-
total
9 238
-
2 365
-
Employer
26 027
-
8 645
-
pensions
2 082
-
692
-
social contributions
280
-
93
-
total
2 362
-
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
11 600
3 760
3 150
3 227
After tax
-1 600
6 240
6 850
6 773
Living cost
16 790
16 790
16 790
16 790
Free-cash
-18 390
-10 550
-9 940
-10 017

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
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.
₴3566
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
Dublin , Ireland
-₴11020
-₴17197
-₴11020
-₴12806
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
-
-
-
303
income
-
-
-
911
total
-
-
-
1 214
Employee
27 197
-
10 000
-
social contributions
2 259
-
303
-
income
5 132
-
911
-
total
7 391
-
1 214
-
Employer
27 197
-
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
7 391
3 000
1 214
1 214
After tax
2 609
7 000
8 786
8 786
Living cost
19 806
19 806
19 806
19 806
Free-cash
-17 197
-12 806
-11 020
-11 020

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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
Milan , Italy
-₴9195
-₴20900
-₴9823
-₴9335
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
national
-
-
-
1 680
regional
-
-
-
90
social contributions
-
-
-
2 695
municipal
-
-
-
59
total
-
-
-
4 524
Employee
30 900
-
10 000
-
municipal
164
-
51
-
national
5 354
-
1 488
-
social contributions
10 419
-
3 533
-
regional
292
-
80
-
total
16 229
-
5 152
-
Employer
30 900
-
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
16 229
4 664
5 152
4 524
After tax
-6 229
5 336
4 848
5 476
Living cost
14 671
14 671
14 671
14 671
Free-cash
-20 900
-9 335
-9 823
-9 195

Estimated living cost  is ₴14671 per week

₴10227
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.
₴225
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.
₴3257
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
Naples , Italy
-₴3948
-₴9288
-₴4569
-₴4110
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
national
-
-
-
1 680
regional
-
-
-
148
social contributions
-
-
-
2 695
municipal
-
-
-
59
total
-
-
-
4 582
Employee
19 286
-
10 000
-
municipal
102
-
51
-
national
3 056
-
1 488
-
social contributions
6 504
-
3 533
-
regional
260
-
131
-
total
9 922
-
5 203
-
Employer
19 286
-
10 000
-
total
-
-
-
-
Corporate
-
10 000
-
-
nationa
-
2 400
-
-
municipal
-
497
-
-
total
-
2 897
-
-
Dividends