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
₴ 10500
per

Your estimated
City
free-cash

Dresden , Germany
-₴7605
-₴5925
-₴5455
-₴5455
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.

-
-
-
10 500
trade
-
-
-
-
income

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

-
-
-
13
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.

-
-
-
2 934
surtax

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

-
-
-
1
total
-
-
-
2 948
Employee

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

16 425
-
10 500
-
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.

2 934
-
2 934
-
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.

25
-
1
-
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.

459
-
13
-
total
3 418
-
2 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 500
-
-
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
-
-
income
-
1 575
-
-
trade
-
1 654
-
-
chamber of commerce
-
81
-
-
total
-
3 396
-
-
Dividends
-
7 104
-
-
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.

-
89
-
-
withholding
-
1 613
-
-
total
-
1 702
-
-
Income
10 500
10 500
10 500
10 500
Total tax
3 418
5 098
2 948
2 948
After tax
7 082
5 402
7 552
7 552
Living cost
13 007
13 007
13 007
13 007
Free-cash
-5 925
-7 605
-5 455
-5 455

Estimated living cost  is ₴13007 per week

₴8182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
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.
₴3066
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
-₴15115
-₴26137
-₴14302
-₴14220
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
-
-
-
10 500
municipal
-
-
-
691
pensions
-
-
-
1 260
national
-
-
-
1 071
social contributions
-
-
-
113
total
-
-
-
3 135
Employee
33 588
-
9 077
-
municipal
4 149
-
732
-
pensions
1 344
-
363
-
national
6 429
-
1 134
-
total
11 922
-
2 229
-
Employer
33 588
-
9 077
-
social contributions
361
-
98
-
pensions
2 687
-
726
-
total
3 048
-
824
-
Corporate
-
10 500
-
-
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%.

-
2 100
-
-
total
-
2 100
-
-
Dividends
-
8 400
-
-
withholding
-
1 848
-
-
total
-
1 848
-
-
Income
10 500
10 500
10 500
10 500
Total tax
14 970
3 948
3 053
3 135
After tax
-4 470
6 552
7 447
7 365
Living cost
21 667
21 667
21 667
21 667
Free-cash
-26 137
-15 115
-14 220
-14 302

Estimated living cost  is ₴21667 per week

₴14727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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

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
-₴534
-₴5072
-₴1361
-₴2909
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.

-
-
-
10 500
microenterprise
-
-
-
1 575
income
-
-
-
-
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.

-
-
-
1 352
total
-
-
-
2 927
Employee
12 548
-
8 462
-
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.

1 381
-
931
-
surtax
-
-
-
-
income
2 234
-
1 506
-
total
3 615
-
2 437
-
Employer
12 548
-
8 462
-
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.

3 023
-
2 038
-
surtax
-
-
-
-
total
3 023
-
2 038
-
Corporate
-
10 500
-
-
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%.

-
2 100
-
-
total
-
2 100
-
-
Dividends

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

-
8 400
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
6 638
2 100
4 475
2 927
After tax
3 862
8 400
6 025
7 573
Living cost
8 934
8 934
8 934
8 934
Free-cash
-5 072
-534
-2 909
-1 361

Estimated living cost  is ₴8934 per week

₴5700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
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.
₴2181
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
-₴29733
-₴32144
-₴11936
-₴32144
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
-
-
-
10 500
income
-
-
-
945
pensions
-
-
-
1 890
health
-
-
-
1 611
total
-
-
-
4 446
Employee
36 672
36 672
36 672
-
health
5 629
4 788
5 629
-
income

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

6 003
6 003
6 003
-
pensions
6 601
5 031
6 601
-
total
18 233
15 822
18 233
-
Employer
36 672
36 672
36 672
-
unemployment
1 320
1 320
1 320
-
pensions
2 552
2 552
2 552
-
health
2 549
2 549
2 549
-
total
6 421
6 421
6 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
24 654
22 243
24 654
4 446
After tax
-14 154
-11 743
-14 154
6 054
Living cost
17 990
17 990
17 990
17 990
Free-cash
-32 144
-29 733
-32 144
-11 936

Estimated living cost  is ₴17990 per week

₴12749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
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.
₴3333
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
-₴10813
-₴20485
-₴11311
-₴10939
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
-
-
-
10 500
municipal
-
-
-
2 224
accident
-
-
-
21
pensions
-
-
-
1 135
other
-
-
-
1 220
unemployment
-
-
-
10
health
-
-
-
655
national
-
-
-
-
total
-
-
-
5 265
Employee
23 577
-
7 990
-
municipal
7 031
-
2 383
-
national
-
-
-
-
total
7 031
-
2 383
-
Employer
23 577
-
7 990
-
accident
47
-
16
-
other
2 740
-
928
-
unemployment
622
-
211
-
pensions
2 549
-
864
-
health
1 450
-
491
-
total
7 408
-
2 510
-
Corporate
-
10 500
-
-
income
-
2 310
-
-
total
-
2 310
-
-
Dividends
-
8 190
-
-
withholding
-
2 457
-
-
total
-
2 457
-
-
Income
10 500
10 500
10 500
10 500
Total tax
14 439
4 767
4 893
5 265
After tax
-3 939
5 733
5 607
5 235
Living cost
16 546
16 546
16 546
16 546
Free-cash
-20 485
-10 813
-10 939
-11 311

Estimated living cost  is ₴16546 per week

₴10966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴3705
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
-₴11521
-₴11278
-₴9318
-₴9318
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.

-
-
-
10 500
trade
-
-
-
-
income

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

-
-
-
13
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.

-
-
-
2 934
surtax

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

-
-
-
1
total
-
-
-
2 948
Employee

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

21 778
-
10 500
-
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.

2 934
-
2 934
-
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.

103
-
1
-
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.

1 871
-
13
-
total
4 908
-
2 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 500
-
-
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
-
-
income
-
1 575
-
-
trade
-
1 727
-
-
chamber of commerce
-
80
-
-
total
-
3 468
-
-
Dividends
-
7 032
-
-
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
-
-
withholding
-
1 595
-
-
total
-
1 683
-
-
Income
10 500
10 500
10 500
10 500
Total tax
4 908
5 151
2 948
2 948
After tax
5 592
5 349
7 552
7 552
Living cost
16 870
16 870
16 870
16 870
Free-cash
-11 278
-11 521
-9 318
-9 318

Estimated living cost  is ₴16870 per week

₴11283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3556
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
-₴13140
-₴10793
-₴6392
-₴9385
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
-
-
-
16 325
income
-
-
-
-
health
-
-
-
416
social contributions
-
-
-
2 547
total
-
-
-
2 963
Employee
33 022
33 022
33 022
-
social contributions
1 605
2 741
924
-
health
328
561
189
-
income
3 468
3 057
3 713
-
total
5 401
6 359
4 826
-
Employer
33 022
33 022
33 022
-
social contributions
1 605
2 741
924
-
health
358
611
206
-
total
1 963
3 352
1 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
7 364
9 711
5 956
2 963
After tax
3 136
789
4 544
7 537
Living cost
13 929
13 929
13 929
13 929
Free-cash
-10 793
-13 140
-9 385
-6 392

Estimated living cost  is ₴13929 per week

₴9522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3085
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
-₴1744
-₴2919
-₴506
-₴1692
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
-
-
-
10 500
income
-
-
-
1 284
pensions
-
-
-
1 050
unemployment
-
-
-
158
health
-
-
-
735
total
-
-
-
3 227
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.

11 229
4 469
8 787
-
health
786
313
615
-
income
1 373
546
1 074
-
pensions
1 123
447
879
-
unemployment
168
67
132
-
total
3 450
1 373
2 700
-
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.

11 229
4 469
8 787
-
pensions
2 190
871
1 713
-
total
2 190
871
1 713
-
Corporate
-
5 160
-
-
income
-
464
-
-
total
-
464
-
-
Dividends
-
4 695
-
-
social contributions
-
865
-
-
withholding
-
892
-
-
total
-
1 757
-
-
Income
10 500
10 500
10 500
10 500
Total tax
5 640
4 465
4 413
3 227
After tax
4 860
6 035
6 087
7 273
Living cost
7 779
7 779
7 779
7 779
Free-cash
-2 919
-1 744
-1 692
-506

Estimated living cost  is ₴7779 per week

₴5308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1679
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
-₴1972
-₴5801
-₴3766
-₴3343
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
-
-
-
10 500
income
-
-
-
429
pensions
-
-
-
2 100
health
-
-
-
1 365
total
-
-
-
3 894
Employee
12 182
-
7 847
-
income
1 372
-
535
-
pensions
244
-
157
-
unemployment
195
-
126
-
total
1 811
-
818
-
Employer
12 182
-
7 847
-
unemployment
98
-
63
-
pensions
2 437
-
1 570
-
health
1 583
-
1 020
-
total
4 118
-
2 653
-
Corporate
-
10 500
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
8 400
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
5 929
2 100
3 471
3 894
After tax
4 571
8 400
7 029
6 606
Living cost
10 372
10 372
10 372
10 372
Free-cash
-5 801
-1 972
-3 343
-3 766

Estimated living cost  is ₴10372 per week

₴7114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2432
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
-₴8529
-₴7259
-₴3186
-₴3835
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
-
-
-
10 500
accident
-
-
-
108
income
-
-
-
1 337
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
4 307
Employee
14 754
-
8 722
-
health
1 689
-
999
-
income
2 024
-
1 197
-
pensions
1 661
-
982
-
total
5 374
-
3 178
-
Employer
14 754
-
8 722
-
accident
246
-
146
-
unemployment
361
-
214
-
pensions
2 399
-
1 418
-
total
3 006
-
1 778
-
Corporate
-
10 500
-
-
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.

-
9 450
-
-
total
-
9 450
-
-
Dividends
-
1 050
-
-
withholding
-
200
-
-
total
-
200
-
-
Income
10 500
10 500
10 500
10 500
Total tax
8 380
9 650
4 956
4 307
After tax
2 120
850
5 544
6 193
Living cost
9 379
9 379
9 379
9 379
Free-cash
-7 259
-8 529
-3 835
-3 186

Estimated living cost  is ₴9379 per week

₴6874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1790
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
₴6061
₴5328
₴6481
₴4486
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%.

-
-
-
10 500
microenterprise

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

-
-
-
105
total
-
-
-
105
Employee
4 892
-
10 500
-
income
978
-
2 100
-
total
978
-
2 100
-
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%.

5 608
10 500
-
-
total
-
-
-
-
Dividends
5 608
10 500
-
-
withholding
280
525
-
-
total
280
525
-
-
Income
10 500
10 500
10 500
10 500
Total tax
1 258
525
2 100
105
After tax
9 242
9 975
8 400
10 395
Living cost
3 914
3 914
3 914
3 914
Free-cash
5 328
6 061
4 486
6 481

Estimated living cost  is ₴3914 per week

₴2425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
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.
₴1055
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
-₴3728
-₴9022
-₴5758
-₴5289
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
-
-
-
10 500
income
-
-
-
1 334
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.

-
-
-
2 520
other
-
-
-
499
health
-
-
-
462
total
-
-
-
4 815
Employee
15 592
-
8 386
-
health
218
-
117
-
income
2 684
-
1 443
-
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.

1 091
-
588
-
unemployment
156
-
84
-
total
4 149
-
2 232
-
Employer
15 592
-
8 386
-
accident
125
-
67
-
other
780
-
420
-
unemployment
156
-
84
-
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.

2 651
-
1 426
-
health
218
-
117
-
total
3 930
-
2 114
-
Corporate
-
10 500
-
-
income
-
2 205
-
-
total
-
2 205
-
-
Dividends
-
8 295
-
-
withholding
-
580
-
-
total
-
580
-
-
Income
10 500
10 500
10 500
10 500
Total tax
8 079
2 785
4 346
4 815
After tax
2 421
7 715
6 154
5 685
Living cost
11 443
11 443
11 443
11 443
Free-cash
-9 022
-3 728
-5 289
-5 758

Estimated living cost  is ₴11443 per week

₴8085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴2401
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
-₴21040
-₴36006
-₴20686
-₴21281
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
-
-
-
10 500
income
-
-
-
2 055
pensions
-
-
-
224
total
-
-
-
2 279
Employee
40 899
-
9 779
-
health
674
-
36
-
income
7 373
-
1 907
-
pensions
3 946
-
211
-
total
11 993
-
2 154
-
Employer
40 899
-
9 779
-
pensions
4 829
-
534
-
health
777
-
186
-
total
5 606
-
720
-
Corporate
-
10 500
-
-
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.

-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
638
-
-
total
-
638
-
-
Income
10 500
10 500
10 500
10 500
Total tax
17 599
2 633
2 874
2 279
After tax
-7 099
7 867
7 626
8 221
Living cost
28 907
28 907
28 907
28 907
Free-cash
-36 006
-21 040
-21 281
-20 686

Estimated living cost  is ₴28907 per week

₴21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
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
₴3349
₴1354
₴493
₴1000
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
-
-
-
10 500
income
-
-
-
1 575
pensions

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

-
-
-
1 554
unemployment
-
-
-
42
health
-
-
-
1 207
total
-
-
-
4 378
Employee
7 454
-
8 778
-
health
343
-
404
-
accident

We are using the highest rate at 1.1%.

82
-
97
-
income
745
-
878
-
pensions

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

654
-
771
-
total
1 824
-
2 150
-
Employer
7 454
-
8 778
-
accident

We are using the highest rate at 1.1%.

82
-
97
-
unemployment
45
-
52
-
pensions

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

822
-
967
-
health
515
-
605
-
total
1 464
-
1 721
-
Corporate
1 583
10 500
-
-
income
158
1 050
-
-
total
158
1 050
-
-
Dividends
1 425
9 450
-
-
withholding
71
472
-
-
total
71
472
-
-
Income
10 500
10 500
10 500
10 500
Total tax
3 517
1 522
3 871
4 378
After tax
6 983
8 978
6 629
6 122
Living cost
5 629
5 629
5 629
5 629
Free-cash
1 354
3 349
1 000
493

Estimated living cost  is ₴5629 per week

₴3287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1792
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
-₴35556
-₴36285
-₴17759
-₴37967
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
-
-
-
10 500
income
-
-
-
945
pensions
-
-
-
1 890
health
-
-
-
1 611
total
-
-
-
4 446
Employee
39 814
36 672
36 672
-
health
4 967
4 788
5 629
-
income

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

6 003
6 003
6 003
-
pensions
5 031
5 031
6 601
-
total
16 001
15 822
18 233
-
Employer
39 814
36 672
36 672
-
unemployment
1 433
1 320
1 320
-
pensions
2 771
2 552
2 552
-
health
2 767
2 549
2 549
-
total
6 971
6 421
6 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
22 972
22 243
24 654
4 446
After tax
-12 472
-11 743
-14 154
6 054
Living cost
23 813
23 813
23 813
23 813
Free-cash
-36 285
-35 556
-37 967
-17 759

Estimated living cost  is ₴23813 per week

₴17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3847
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
-₴3035
-₴9725
-₴5150
-₴4935
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
-
-
-
10 500
income
-
-
-
902
health
-
-
-
1 418
solidarity contribution
-
-
-
-
social contributions
-
-
-
3 066
total
-
-
-
5 386
Employee
15 094
-
7 836
-
social contributions
981
-
509
-
health
2 038
-
1 058
-
solidarity contribution
-
-
-
-
income
1 811
-
940
-
total
4 830
-
2 507
-
Employer
15 094
-
7 836
-
social contributions
3 773
-
1 959
-
health
1 358
-
705
-
total
5 131
-
2 664
-
Corporate
-
10 500
-
-
income
-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
1 276
-
-
total
-
1 276
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 961
3 271
5 171
5 386
After tax
539
7 229
5 329
5 114
Living cost
10 264
10 264
10 264
10 264
Free-cash
-9 725
-3 035
-4 935
-5 150

Estimated living cost  is ₴10264 per week

₴7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
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.
₴2202
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
-₴12519
-₴27665
-₴12743
-₴13520
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
-
-
-
10 500
municipal
-
-
-
57
regional
-
-
-
88
national
-
-
-
1 649
social contributions
-
-
-
3 328
total
-
-
-
5 122
Employee
38 166
-
10 500
-
social contributions
12 869
-
4 363
-
regional
360
-
76
-
municipal
202
-
49
-
national
6 613
-
1 411
-
total
20 044
-
5 899
-
Employer
38 166
-
10 500
-
total
-
-
-
-
Corporate
-
10 500
-
-
nationa
-
2 520
-
-
municipal
-
409
-
-
total
-
2 929
-
-
Dividends
-
7 571
-
-
withholding
-
1 969
-
-
total
-
1 969
-
-
Income
10 500
10 500
10 500
10 500
Total tax
20 044
4 898
5 899
5 122
After tax
-9 544
5 602
4 601
5 378
Living cost
18 121
18 121
18 121
18 121
Free-cash
-27 665
-12 519
-13 520
-12 743

Estimated living cost  is ₴18121 per week

₴12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4023
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
-₴2871
-₴6690
-₴3431
-₴3661
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
-
-
-
10 500
income
-
-
-
1 511
pensions
-
-
-
2 100
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
746
surtax
-
-
-
-
total
-
-
-
4 455
Employee
14 201
-
8 674
-
other
-
-
-
-
health
363
-
222
-
surtax
46
-
-
-
income
2 380
-
1 454
-
pensions
947
-
579
-
unemployment
989
-
604
-
total
4 725
-
2 859
-
Employer
14 201
-
8 674
-
other
-
-
-
-
unemployment
450
-
275
-
pensions
1 893
-
1 156
-
health
646
-
395
-
total
2 989
-
1 826
-
Corporate
-
10 500
-
-
income
-
2 730
-
-
total
-
2 730
-
-
Dividends
-
7 770
-
-
withholding
-
1 165
-
-
total
-
1 165
-
-
Income
10 500
10 500
10 500
10 500
Total tax
7 714
3 895
4 685
4 455
After tax
2 786
6 605
5 815
6 045
Living cost
9 476
9 476
9 476
9 476
Free-cash
-6 690
-2 871
-3 661
-3 431

Estimated living cost  is ₴9476 per week

₴5794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2589
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
-₴11882
-₴20398
-₴11528
-₴12123
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
-
-
-
10 500
income
-
-
-
2 055
pensions
-
-
-
224
total
-
-
-
2 279
Employee
27 410
-
9 779
-
health
398
-
36
-
income
4 937
-
1 907
-
pensions
2 326
-
211
-
total
7 661
-
2 154
-
Employer
27 410
-
9 779
-
pensions
2 967
-
534
-
health
521
-
186
-
total
3 488
-
720
-
Corporate
-
10 500
-
-
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.

-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
638
-
-
total
-
638
-
-
Income
10 500
10 500
10 500
10 500
Total tax
11 149
2 633
2 874
2 279
After tax
-649
7 867
7 626
8 221
Living cost
19 749
19 749
19 749
19 749
Free-cash
-20 398
-11 882
-12 123
-11 528

Estimated living cost  is ₴19749 per week

₴14795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴3266
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
-₴27995
-₴31537
-₴23762
-₴24991
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
-
-
-
10 500
city
-
-
-
110
pensions
-
-
-
966
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.

-
-
-
210
regional
-
-
-
72
health
-
-
-
107
national
-
-
-
-
total
-
-
-
1 465
Employee
38 381
-
9 030
-
city
412
-
92
-
regional
1 257
-
42
-
health
87
-
20
-
pensions
3 224
-
1 170
-
unemployment
-
-
-
-
national
182
-
-
-
total
5 162
-
1 324
-
Employer
38 381
-
9 030
-
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.

767
-
180
-
unemployment
-
-
-
-
pensions
3 224
-
1 170
-
health
87
-
20
-
total
4 078
-
1 370
-
Corporate
-
10 500
-
-
regional
-
2 220
-
-
national
-
893
-
-
total
-
3 113
-
-
Dividends
-
7 387
-
-
withholding
-
2 585
-
-
total
-
2 585
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 240
5 698
2 694
1 465
After tax
1 260
4 802
7 806
9 035
Living cost
32 797
32 797
32 797
32 797
Free-cash
-31 537
-27 995
-24 991
-23 762

Estimated living cost  is ₴32797 per week

₴21327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
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.
₴8124
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
-₴14377
-₴15309
-₴12121
-₴12121
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.

-
-
-
10 500
trade
-
-
-
-
income

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

-
-
-
13
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.

-
-
-
2 934
surtax

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

-
-
-
1
total
-
-
-
2 948
Employee

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

25 808
-
10 500
-
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.

2 934
-
2 934
-
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.

167
-
1
-
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.

3 035
-
13
-
total
6 136
-
2 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 500
-
-
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
-
-
income
-
1 575
-
-
trade
-
1 801
-
-
chamber of commerce
-
80
-
-
total
-
3 542
-
-
Dividends
-
6 957
-
-
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
-
-
withholding
-
1 576
-
-
total
-
1 662
-
-
Income
10 500
10 500
10 500
10 500
Total tax
6 136
5 204
2 948
2 948
After tax
4 364
5 296
7 552
7 552
Living cost
19 673
19 673
19 673
19 673
Free-cash
-15 309
-14 377
-12 121
-12 121

Estimated living cost  is ₴19673 per week

₴14368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3476
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
-₴9399
-₴13618
-₴8340
-₴7822
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
-
-
-
10 500
income
-
-
-
-
pensions
-
-
-
3 409
other
-
-
-
325
health
-
-
-
115
surtax
-
-
-
-
social contributions
-
-
-
299
total
-
-
-
4 148
Employee
18 379
-
8 001
-
social contributions
524
-
228
-
surtax
-
-
-
-
income
1 085
-
-
-
pensions
2 078
-
904
-
total
3 687
-
1 132
-
Employer
18 379
-
8 001
-
other
634
-
276
-
social contributions
55
-
24
-
unemployment
744
-
324
-
pensions
3 019
-
1 314
-
health
1 287
-
560
-
total
5 739
-
2 498
-
Corporate
-
10 500
-
-
surtax
-
-
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
7 560
-
-
surtax
-
-
-
-
social contributions
-
1 300
-
-
withholding
-
967
-
-
total
-
2 267
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 426
5 207
3 630
4 148
After tax
1 074
5 293
6 870
6 352
Living cost
14 692
14 692
14 692
14 692
Free-cash
-13 618
-9 399
-7 822
-8 340

Estimated living cost  is ₴14692 per week

₴9264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
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.
₴3984
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
-₴7944
-₴11030
-₴6885
-₴6367
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
-
-
-
10 500
income
-
-
-
-
pensions
-
-
-
3 409
other
-
-
-
325
health
-
-
-
115
surtax
-
-
-
-
social contributions
-
-
-
299
total
-
-
-
4 148
Employee
16 406
-
8 001
-
social contributions
468
-
228
-
surtax
-
-
-
-
income
846
-
-
-
pensions
1 856
-
904
-
total
3 170
-
1 132
-
Employer
16 406
-
8 001
-
other
566
-
276
-
social contributions
49
-
24
-
unemployment
664
-
324
-
pensions
2 696
-
1 314
-
health
1 148
-
560
-
total
5 123
-
2 498
-
Corporate
-
10 500
-
-
surtax
-
-
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
7 560
-
-
surtax
-
-
-
-
social contributions
-
1 300
-
-
withholding
-
967
-
-
total
-
2 267
-
-
Income
10 500
10 500
10 500
10 500
Total tax
8 293
5 207
3 630
4 148
After tax
2 207
5 293
6 870
6 352
Living cost
13 237
13 237
13 237
13 237
Free-cash
-11 030
-7 944
-6 367
-6 885

Estimated living cost  is ₴13237 per week

₴7677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
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.
₴3965
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
-₴2699
-₴5189
-₴2363
-₴3796
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
-
-
-
10 500
income
-
-
-
1 575
health
-
-
-
733
social contributions
-
-
-
1 449
total
-
-
-
3 757
Employee
14 560
-
10 500
-
social contributions
2 010
-
1 449
-
health
1 016
-
733
-
income
2 429
-
3 008
-
total
5 455
-
5 190
-
Employer
14 560
-
10 500
-
total
-
-
-
-
Corporate
-
10 500
-
-
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%.

-
525
-
-
total
-
525
-
-
Dividends
-
9 975
-
-
health
379
696
-
-
social contributions
749
1 376
-
-
withholding
-
1 496
-
-
total
1 128
3 568
-
-
Income
10 500
10 500
10 500
10 500
Total tax
6 583
4 093
5 190
3 757
After tax
3 917
6 407
5 310
6 743
Living cost
9 106
9 106
9 106
9 106
Free-cash
-5 189
-2 699
-3 796
-2 363

Estimated living cost  is ₴9106 per week

₴6094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2240
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
-₴14408
-₴17629
-₴10140
-₴12237
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
-
-
-
10 500
chamber of commerce
-
-
-
42
income
-
-
-
-
pensions
-
-
-
1 943
unemployment
-
-
-
2 634
health
-
-
-
804
surtax
-
-
-
85
total
-
-
-
5 508
Employee
21 461
17 114
17 114
-
other
214
171
76
-
health
830
663
292
-
income
2 443
1 262
1 803
-
pensions
2 198
1 752
773
-
unemployment
644
513
227
-
total
6 329
4 361
3 171
-
Employer
21 461
17 114
17 114
-
accident
279
222
98
-
other
1 019
812
732
-
chamber of commerce
86
68
68
-
unemployment
644
513
227
-
surtax
85
85
85
-
pensions
2 693
2 148
947
-
payroll
644
513
513
-
health
811
647
285
-
total
6 261
5 008
2 955
-
Corporate
1 630
1 630
5 915
-
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.

407
407
1 479
-
total
407
407
1 479
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
12 997
9 776
7 605
5 508
After tax
-2 497
724
2 895
4 992
Living cost
15 132
15 132
15 132
15 132
Free-cash
-17 629
-14 408
-12 237
-10 140

Estimated living cost  is ₴15132 per week

₴10092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
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.
₴3500
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
-₴9651
-₴29159
-₴9975
-₴10781
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
-
-
-
10 500
national
-
-
-
2 059
communal

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

-
-
-
494
social contributions
-
-
-
2 264
total
-
-
-
4 817
Employee

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

30 718
-
8 132
-
communal

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

1 602
-
424
-
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.

1 443
-
382
-
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.

2 304
-
610
-
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.

267
-
71
-
national
9 444
-
1 768
-
total
15 060
-
3 255
-
Employer

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

30 718
-
8 132
-
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.

399
-
106
-
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.

448
-
119
-
surtax
3 483
-
923
-
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.

2 722
-
720
-
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.

1 889
-
500
-
total
8 941
-
2 368
-
Corporate
-
10 500
-
-
surtax
-
42
-
-
income
-
2 100
-
-
total
-
2 142
-
-
Dividends
-
8 358
-
-
withholding

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

-
2 351
-
-
total
-
2 351
-
-
Income
10 500
10 500
10 500
10 500
Total tax
24 001
4 493
5 623
4 817
After tax
-13 501
6 007
4 877
5 683
Living cost
15 658
15 658
15 658
15 658
Free-cash
-29 159
-9 651
-10 781
-9 975

Estimated living cost  is ₴15658 per week

₴10086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3958
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
-₴8361
-₴17690
-₴9556
-₴11445
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
-
-
-
10 500
accident
-
-
-
95
income
-
-
-
1 397
pensions
-
-
-
2 971
other
-
-
-
11
unemployment
-
-
-
73
total
-
-
-
4 547
Employee
21 376
-
5 928
-
other
21
-
15
-
income
4 510
-
953
-
pensions
1 005
-
674
-
unemployment
332
-
222
-
total
5 868
-
1 864
-
Employer
21 376
-
5 928
-
accident
423
-
284
-
other
170
-
115
-
unemployment
1 176
-
789
-
pensions
5 044
-
3 384
-
total
6 813
-
4 572
-
Corporate
-
10 500
-
-
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.

-
1 575
-
-
total
-
1 575
-
-
Dividends
-
8 925
-
-
withholding
-
1 777
-
-
total
-
1 777
-
-
Income
10 500
10 500
10 500
10 500
Total tax
12 681
3 352
6 436
4 547
After tax
-2 181
7 148
4 064
5 953
Living cost
15 509
15 509
15 509
15 509
Free-cash
-17 690
-8 361
-11 445
-9 556

Estimated living cost  is ₴15509 per week

₴11421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
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
-₴16153
-₴25905
-₴18209
-₴18209
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
-
-
-
10 500
accident
-
-
-
184
income
-
-
-
-
pensions
-
-
-
3 270
health
-
-
-
1 532
surtax
-
-
-
386
communal
-
-
-
-
total
-
-
-
5 372
Employee
32 521
-
8 058
-
health
1 447
-
909
-
surtax
1 993
-
386
-
income
3 141
-
-
-
pensions
2 601
-
1 635
-
total
9 182
-
2 930
-
Employer
32 521
-
8 058
-
accident
293
-
184
-
pensions
2 601
-
1 635
-
health
992
-
623
-
total
3 886
-
2 442
-
Corporate
-
10 500
-
-
surtax
-
110
-
-
communal
-
-
-
-
income
-
1 575
-
-
total
-
1 685
-
-
Dividends
-
8 815
-
-
income
-
309
-
-
withholding
-
1 322
-
-
total
-
1 631
-
-
Income
10 500
10 500
10 500
10 500
Total tax
13 068
3 316
5 372
5 372
After tax
-2 568
7 184
5 128
5 128
Living cost
23 337
23 337
23 337
23 337
Free-cash
-25 905
-16 153
-18 209
-18 209

Estimated living cost  is ₴23337 per week

₴17506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴4169
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
-₴3041
-₴7006
-₴3601
-₴3831
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
-
-
-
10 500
income
-
-
-
1 511
pensions
-
-
-
2 100
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
746
surtax
-
-
-
-
total
-
-
-
4 455
Employee
14 462
-
8 674
-
other
-
-
-
-
health
369
-
222
-
surtax
51
-
-
-
income
2 424
-
1 454
-
pensions
965
-
579
-
unemployment
1 006
-
604
-
total
4 815
-
2 859
-
Employer
14 462
-
8 674
-
other
-
-
-
-
unemployment
459
-
275
-
pensions
1 928
-
1 156
-
health
658
-
395
-
total
3 045
-
1 826
-
Corporate
-
10 500
-
-
income
-
2 730
-
-
total
-
2 730
-
-
Dividends
-
7 770
-
-
withholding
-
1 165
-
-
total
-
1 165
-
-
Income
10 500
10 500
10 500
10 500
Total tax
7 860
3 895
4 685
4 455
After tax
2 640
6 605
5 815
6 045
Living cost
9 646
9 646
9 646
9 646
Free-cash
-7 006
-3 041
-3 831
-3 601

Estimated living cost  is ₴9646 per week

₴5824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2760
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
-₴6050
-₴13322
-₴6248
-₴7016
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
-
-
-
10 500
municipal
-
-
-
57
regional
-
-
-
146
national
-
-
-
1 649
social contributions
-
-
-
3 328
total
-
-
-
5 180
Employee
23 821
-
10 500
-
social contributions
8 033
-
4 363
-
regional
321
-
125
-
municipal
126
-
49
-
national
3 774
-
1 411
-
total
12 254
-
5 948
-
Employer
23 821
-
10 500
-
total
-
-
-
-
Corporate
-
10 500
-
-
nationa
-
2 520
-
-
municipal
-
522
-
-
total
-
3 042
-
-
Dividends
-
7 459
-
-
withholding
-
1 940
-
-
total
-
1 940
-
-
Income
10 500
10 500
10 500
10 500
Total tax
12 254
4 982
5 948
5 180
After tax
-1 754
5 518
4 552
5 320
Living cost
11 568
11 568
11 568
11 568
Free-cash
-13 322
-6 050
-7 016
-6 248

Estimated living cost  is ₴11568 per week

₴7194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
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.
₴3004
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
-₴5419
-₴14424
-₴7534
-₴7319
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
-
-
-
10 500
income
-
-
-
902
health
-
-
-
1 418
solidarity contribution
-
-
-
-
social contributions
-
-
-
3 066
total
-
-
-
5 386
Employee
18 600
-
7 836
-
social contributions
1 209
-
509
-
health
2 511
-
1 058
-
solidarity contribution
-
-
-
-
income
2 232
-
940
-
total
5 952
-
2 507
-
Employer
18 600
-
7 836
-
social contributions
4 650
-
1 959
-
health
1 674
-
705
-
total
6 324
-
2 664
-
Corporate
-
10 500
-
-
income
-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
1 276
-
-
total
-
1 276
-
-
Income
10 500
10 500
10 500
10 500
Total tax
12 276
3 271
5 171
5 386
After tax
-1 776
7 229
5 329
5 114
Living cost
12 648
12 648
12 648
12 648
Free-cash
-14 424
-5 419
-7 319
-7 534

Estimated living cost  is ₴12648 per week

₴9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2323
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
-₴12892
-₴14081
-₴8624
-₴10759
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
-
-
-
10 500
chamber of commerce
-
-
-
42
income
-
-
-
-
pensions
-
-
-
1 943
unemployment
-
-
-
2 634
health
-
-
-
804
surtax
-
-
-
-
total
-
-
-
5 423
Employee
18 772
17 114
17 114
-
other
187
171
76
-
health
726
663
295
-
income
1 672
1 262
1 799
-
pensions
1 922
1 752
780
-
unemployment
563
513
228
-
total
5 070
4 361
3 178
-
Employer
18 772
17 114
17 114
-
accident
244
222
99
-
other
892
812
732
-
chamber of commerce
75
68
68
-
unemployment
563
513
228
-
surtax
-
-
-
-
pensions
2 356
2 148
956
-
payroll
563
513
513
-
health
710
647
288
-
total
5 403
4 923
2 884
-
Corporate
1 630
1 630
5 986
-
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.

407
407
1 496
-
total
407
407
1 496
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
10 880
9 691
7 558
5 423
After tax
-380
809
2 942
5 077
Living cost
13 701
13 701
13 701
13 701
Free-cash
-14 081
-12 892
-10 759
-8 624

Estimated living cost  is ₴13701 per week

₴8219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3838
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
₴3876
₴2732
₴4296
₴2301
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%.

-
-
-
10 500
microenterprise

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

-
-
-
105
total
-
-
-
105
Employee
7 624
-
10 500
-
income
1 525
-
2 100
-
total
1 525
-
2 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

2 876
10 500
-
-
total
-
-
-
-
Dividends
2 876
10 500
-
-
withholding
144
525
-
-
total
144
525
-
-
Income
10 500
10 500
10 500
10 500
Total tax
1 669
525
2 100
105
After tax
8 831
9 975
8 400
10 395
Living cost
6 099
6 099
6 099
6 099
Free-cash
2 732
3 876
2 301
4 296

Estimated living cost  is ₴6099 per week

₴4127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1511
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
-₴4288
-₴11446
-₴5299
-₴5633
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.

-
-
-
10 500
income
-
-
-
1 315
pensions
-
-
-
1 918
unemployment
-
-
-
15
health
-
-
-
1 033
total
-
-
-
4 281
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.

18 990
-
9 085
-
health
1 226
-
587
-
income
3 275
-
1 192
-
pensions
2 944
-
1 408
-
unemployment
27
-
13
-
total
7 472
-
3 200
-
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.

18 990
-
9 085
-
unemployment
11
-
6
-
pensions
1 680
-
804
-
health
1 265
-
605
-
total
2 956
-
1 415
-
Corporate
-
10 500
-
-
income
-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
1 275
-
-
total
-
1 275
-
-
Income
10 500
10 500
10 500
10 500
Total tax
10 428
3 270
4 615
4 281
After tax
72
7 230
5 885
6 219
Living cost
11 518
11 518
11 518
11 518
Free-cash
-11 446
-4 288
-5 633
-5 299

Estimated living cost  is ₴11518 per week

₴7905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2653
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
-₴12164
-₴53608
-₴11296
-₴14351
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
-
-
-
10 500
income
-
-
-
2 047
social contributions
-
-
-
1 197
total
-
-
-
3 244
Employee
26 601
-
3 232
-
social contributions
2 181
-
311
-
income
5 868
-
643
-
total
8 049
-
954
-
Employer
26 601
-
3 232
-
social contributions
37 507
-
5 345
-
total
37 507
-
5 345
-
Corporate
-
10 500
-
-
income
-
2 310
-
-
total
-
2 310
-
-
Dividends
-
8 190
-
-
income
-
1 802
-
-
total
-
1 802
-
-
Income
10 500
10 500
10 500
10 500
Total tax
45 556
4 112
6 299
3 244
After tax
-35 056
6 388
4 201
7 256
Living cost
18 552
18 552
18 552
18 552
Free-cash
-53 608
-12 164
-14 351
-11 296

Estimated living cost  is ₴18552 per week

₴12037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1745
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.
₴4533
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
-₴7498
-₴13942
-₴7231
-₴7163
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.

-
-
-
10 500
income
-
-
-
613
surtax
-
-
-
-
social contributions

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

-
-
-
3 648
total
-
-
-
4 261
Employee
19 751
-
8 485
-
social contributions
2 173
-
933
-
surtax
-
-
-
-
income
4 108
-
1 245
-
total
6 281
-
2 178
-
Employer
19 751
-
8 485
-
social contributions
4 691
-
2 015
-
total
4 691
-
2 015
-
Corporate
-
10 500
-
-
surtax
-
-
-
-
income
-
2 205
-
-
total
-
2 205
-
-
Dividends
-
8 295
-
-
withholding
-
2 323
-
-
total
-
2 323
-
-
Income
10 500
10 500
10 500
10 500
Total tax
10 972
4 528
4 193
4 261
After tax
-472
5 972
6 307
6 239
Living cost
13 470
13 470
13 470
13 470
Free-cash
-13 942
-7 498
-7 163
-7 231

Estimated living cost  is ₴13470 per week

₴10078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
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.
₴2372
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
-₴15448
-₴24797
-₴14389
-₴13871
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
-
-
-
10 500
income
-
-
-
-
pensions
-
-
-
3 409
other
-
-
-
325
health
-
-
-
115
surtax
-
-
-
-
social contributions
-
-
-
299
total
-
-
-
4 148
Employee
26 896
-
8 001
-
social contributions
766
-
228
-
surtax
-
-
-
-
income
2 347
-
-
-
pensions
3 042
-
904
-
total
6 155
-
1 132
-
Employer
26 896
-
8 001
-
other
928
-
276
-
social contributions
81
-
24
-
unemployment
1 090
-
324
-
pensions
4 419
-
1 314
-
health
1 883
-
560
-
total
8 401
-
2 498
-
Corporate
-
10 500
-
-
surtax
-
-
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
7 560
-
-
surtax
-
-
-
-
social contributions
-
1 300
-
-
withholding
-
967
-
-
total
-
2 267
-
-
Income
10 500
10 500
10 500
10 500
Total tax
14 556
5 207
3 630
4 148
After tax
-4 056
5 293
6 870
6 352
Living cost
20 741
20 741
20 741
20 741
Free-cash
-24 797
-15 448
-13 871
-14 389

Estimated living cost  is ₴20741 per week

₴14037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4723
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
-₴3459
-₴5446
-₴4719
-₴4409
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
-
-
-
10 500
income
-
-
-
-
social contributions
-
-
-
2 310
total
-
-
-
2 310
Employee
13 806
-
9 091
-
income
-
-
-
-
social contributions
897
-
591
-
total
897
-
591
-
Employer
13 806
-
9 091
-
social contributions
2 140
-
1 409
-
total
2 140
-
1 409
-
Corporate
-
10 500
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
9 450
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
3 037
1 050
2 000
2 310
After tax
7 463
9 450
8 500
8 190
Living cost
12 909
12 909
12 909
12 909
Free-cash
-5 446
-3 459
-4 409
-4 719

Estimated living cost  is ₴12909 per week

₴8347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3346
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
-₴83058
-₴83058
-₴12952
-₴83058
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
-
-
-
10 500
municipal
-
-
-
971
pensions
-
-
-
372
national
-
-
-
619
labour market
-
-
-
810
total
-
-
-
2 772
Employee
87 286
87 286
87 286
-
labour market
6 973
6 973
6 973
-
national
10 664
10 664
10 664
-
municipal
18 587
18 587
18 587
-
pensions
124
124
124
-
total
36 348
36 348
36 348
-
Employer
87 286
87 286
87 286
-
labour market
6 983
6 983
6 983
-
municipal
18 617
18 617
18 617
-
pensions
248
248
248
-
national
10 682
10 682
10 682
-
total
36 530
36 530
36 530
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
72 878
72 878
72 878
2 772
After tax
-62 378
-62 378
-62 378
7 728
Living cost
20 680
20 680
20 680
20 680
Free-cash
-83 058
-83 058
-83 058
-12 952

Estimated living cost  is ₴20680 per week

₴14154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4379
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
-₴8391
-₴7000
-₴3048
-₴3697
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
-
-
-
10 500
accident
-
-
-
108
income
-
-
-
1 337
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
4 307
Employee
14 536
-
8 722
-
health
1 665
-
999
-
income
1 994
-
1 197
-
pensions
1 637
-
982
-
total
5 296
-
3 178
-
Employer
14 536
-
8 722
-
accident
243
-
146
-
unemployment
356
-
214
-
pensions
2 364
-
1 418
-
total
2 963
-
1 778
-
Corporate
-
10 500
-
-
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.

-
9 450
-
-
total
-
9 450
-
-
Dividends
-
1 050
-
-
withholding
-
200
-
-
total
-
200
-
-
Income
10 500
10 500
10 500
10 500
Total tax
8 259
9 650
4 956
4 307
After tax
2 241
850
5 544
6 193
Living cost
9 241
9 241
9 241
9 241
Free-cash
-7 000
-8 391
-3 697
-3 048

Estimated living cost  is ₴9241 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴1814
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
-₴9221
-₴16358
-₴7877
-₴9843
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

-
-
-
10 500
municipal
-
-
-
1 890
health
-
-
-
-
national
-
-
-
-
total
-
-
-
1 890
Employee
22 594
-
8 833
-
health
169
-
-
-
municipal
3 701
-
1 459
-
pensions
1 525
-
597
-
unemployment
339
-
133
-
national
373
-
-
-
total
6 107
-
2 189
-
Employer
22 594
-
8 833
-
accident
23
-
9
-
unemployment
147
-
57
-
pensions
3 920
-
1 533
-
health
174
-
68
-
total
4 264
-
1 667
-
Corporate
-
10 500
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends

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

-
6 300
-
-
national
-
-
-
-
municipal
-
1 134
-
-
total
-
1 134
-
-
Income
10 500
10 500
10 500
10 500
Total tax
10 371
3 234
3 856
1 890
After tax
129
7 266
6 644
8 610
Living cost
16 487
16 487
16 487
16 487
Free-cash
-16 358
-9 221
-9 843
-7 877

Estimated living cost  is ₴16487 per week

₴10769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3870
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
-₴9154
-₴6068
-₴2406
-₴5399
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
-
-
-
16 325
income
-
-
-
-
health
-
-
-
416
social contributions
-
-
-
2 547
total
-
-
-
2 963
Employee
33 022
33 022
33 022
-
social contributions
1 248
2 741
924
-
health
256
561
189
-
income
3 595
3 057
3 713
-
total
5 099
6 359
4 826
-
Employer
33 022
33 022
33 022
-
social contributions
1 248
2 741
924
-
health
278
611
206
-
total
1 526
3 352
1 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
10 500
10 500
10 500
10 500
Total tax
6 625
9 711
5 956
2 963
After tax
3 875
789
4 544
7 537
Living cost
9 943
9 943
9 943
9 943
Free-cash
-6 068
-9 154
-5 399
-2 406

Estimated living cost  is ₴9943 per week

₴5959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
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.
₴2789
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
₴1877
-₴372
-₴1174
-₴232
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
-
-
-
10 500
income
-
-
-
558
pensions
-
-
-
2 732
unemployment
-
-
-
12
health
-
-
-
1 554
total
-
-
-
4 856
Employee

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

9 857
-
9 520
-
health
838
-
809
-
income
674
-
651
-
pensions
1 478
-
1 428
-
unemployment
49
-
47
-
total
3 039
-
2 935
-
Employer

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

9 857
-
9 520
-
unemployment
49
-
47
-
pensions
542
-
523
-
health
424
-
409
-
total
1 015
-
979
-
Corporate
-
10 500
-
-
income
-
945
-
-
total
-
945
-
-
Dividends
-
9 555
-
-
withholding
-
860
-
-
total
-
860
-
-
Income
10 500
10 500
10 500
10 500
Total tax
4 054
1 805
3 914
4 856
After tax
6 446
8 695
6 586
5 644
Living cost
6 818
6 818
6 818
6 818
Free-cash
-372
1 877
-232
-1 174

Estimated living cost  is ₴6818 per week

₴4350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴1773
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
-₴4661
-₴10440
-₴5856
-₴7745
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
-
-
-
10 500
accident
-
-
-
95
income
-
-
-
1 397
pensions
-
-
-
2 971
other
-
-
-
11
unemployment
-
-
-
73
total
-
-
-
4 547
Employee
15 879
-
5 928
-
other
15
-
15
-
income
3 061
-
953
-
pensions
746
-
674
-
unemployment
246
-
222
-
total
4 068
-
1 864
-
Employer
15 879
-
5 928
-
accident
315
-
284
-
other
127
-
115
-
unemployment
874
-
789
-
pensions
3 747
-
3 384
-
total
5 063
-
4 572
-
Corporate
-
10 500
-
-
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.

-
1 575
-
-
total
-
1 575
-
-
Dividends
-
8 925
-
-
withholding
-
1 777
-
-
total
-
1 777
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 131
3 352
6 436
4 547
After tax
1 369
7 148
4 064
5 953
Living cost
11 809
11 809
11 809
11 809
Free-cash
-10 440
-4 661
-7 745
-5 856

Estimated living cost  is ₴11809 per week

₴7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
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.
₴2496
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
₴5377
₴5183
₴4960
₴4876
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
-
-
-
10 500
income
-
-
-
2 886
pensions
-
-
-
857
health
-
-
-
622
total
-
-
-
4 365
Employee
1 790
-
9 536
-
health
90
-
214
-
income
346
-
2 841
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
615
-
3 484
-
Employer
1 790
-
9 536
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
407
-
total
403
-
965
-
Corporate
8 307
10 500
-
-
income
1 828
2 310
-
-
total
1 828
2 310
-
-
Dividends
6 480
8 190
-
-
withholding
1 296
1 638
-
-
total
1 296
1 638
-
-
Income
10 500
10 500
10 500
10 500
Total tax
4 142
3 948
4 449
4 365
After tax
6 358
6 552
6 051
6 135
Living cost
1 175
1 175
1 175
1 175
Free-cash
5 183
5 377
4 876
4 960

Estimated living cost  is ₴1175 per week

₴698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴355
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
₴166
-₴2691
-₴1823
-₴1373
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.

-
-
-
10 500
income
-
-
-
935
pensions
-
-
-
2 730
unemployment
-
-
-
157
health
-
-
-
1 081
total
-
-
-
4 903
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.

11 188
-
8 906
-
health
576
-
459
-
income
1 542
-
1 085
-
pensions
1 566
-
1 247
-
unemployment
84
-
67
-
total
3 768
-
2 858
-
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.

11 188
-
8 906
-
unemployment
84
-
67
-
pensions
1 343
-
1 069
-
health
576
-
459
-
total
2 003
-
1 595
-
Corporate
-
10 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
8 925
-
-
withholding
-
1 339
-
-
total
-
1 339
-
-
Income
10 500
10 500
10 500
10 500
Total tax
5 771
2 914
4 453
4 903
After tax
4 729
7 586
6 047
5 597
Living cost
7 420
7 420
7 420
7 420
Free-cash
-2 691
166
-1 373
-1 823

Estimated living cost  is ₴7420 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1635
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
-₴5605
-₴10126
-₴5338
-₴5270
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.

-
-
-
10 500
income
-
-
-
613
surtax
-
-
-
-
social contributions

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

-
-
-
3 648
total
-
-
-
4 261
Employee
16 667
-
8 485
-
social contributions
1 834
-
933
-
surtax
-
-
-
-
income
3 257
-
1 245
-
total
5 091
-
2 178
-
Employer
16 667
-
8 485
-
social contributions
3 958
-
2 015
-
total
3 958
-
2 015
-
Corporate
-
10 500
-
-
surtax
-
-
-
-
income
-
2 205
-
-
total
-
2 205
-
-
Dividends
-
8 295
-
-
withholding
-
2 323
-
-
total
-
2 323
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 049
4 528
4 193
4 261
After tax
1 451
5 972
6 307
6 239
Living cost
11 577
11 577
11 577
11 577
Free-cash
-10 126
-5 605
-5 270
-5 338

Estimated living cost  is ₴11577 per week

₴8200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2368
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
-₴7944
-₴16853
-₴9139
-₴11028
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
-
-
-
10 500
accident
-
-
-
95
income
-
-
-
1 397
pensions
-
-
-
2 971
other
-
-
-
11
unemployment
-
-
-
73
total
-
-
-
4 547
Employee
20 740
-
5 928
-
other
20
-
15
-
income
4 332
-
953
-
pensions
975
-
674
-
unemployment
321
-
222
-
total
5 648
-
1 864
-
Employer
20 740
-
5 928
-
accident
411
-
284
-
other
166
-
115
-
unemployment
1 141
-
789
-
pensions
4 895
-
3 384
-
total
6 613
-
4 572
-
Corporate
-
10 500
-
-
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.

-
1 575
-
-
total
-
1 575
-
-
Dividends
-
8 925
-
-
withholding
-
1 777
-
-
total
-
1 777
-
-
Income
10 500
10 500
10 500
10 500
Total tax
12 261
3 352
6 436
4 547
After tax
-1 761
7 148
4 064
5 953
Living cost
15 092
15 092
15 092
15 092
Free-cash
-16 853
-7 944
-11 028
-9 139

Estimated living cost  is ₴15092 per week

₴10839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2868
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
₴1592
-₴1199
-₴1264
-₴757
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
-
-
-
10 500
income
-
-
-
1 575
pensions

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

-
-
-
1 554
unemployment
-
-
-
42
health
-
-
-
1 207
total
-
-
-
4 378
Employee
9 780
-
8 778
-
health
450
-
404
-
accident

We are using the highest rate at 1.1%.

107
-
97
-
income
978
-
878
-
pensions

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

859
-
771
-
total
2 394
-
2 150
-
Employer
9 780
-
8 778
-
accident

We are using the highest rate at 1.1%.

107
-
97
-
unemployment
59
-
52
-
pensions

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

1 078
-
967
-
health
675
-
605
-
total
1 919
-
1 721
-
Corporate
-
10 500
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
9 450
-
-
withholding
-
472
-
-
total
-
472
-
-
Income
10 500
10 500
10 500
10 500
Total tax
4 313
1 522
3 871
4 378
After tax
6 187
8 978
6 629
6 122
Living cost
7 386
7 386
7 386
7 386
Free-cash
-1 199
1 592
-757
-1 264

Estimated living cost  is ₴7386 per week

₴4885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
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.
₴1902
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
-₴11067
-₴10867
-₴9027
-₴9027
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.

-
-
-
10 500
trade
-
-
-
-
income

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

-
-
-
13
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.

-
-
-
2 934
surtax

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

-
-
-
1
total
-
-
-
2 948
Employee

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

21 367
-
10 500
-
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.

2 934
-
2 934
-
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.

97
-
1
-
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.

1 757
-
13
-
total
4 788
-
2 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
10 500
-
-
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
-
-
income
-
1 575
-
-
trade
-
1 507
-
-
chamber of commerce
-
81
-
-
total
-
3 249
-
-
Dividends
-
7 251
-
-
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.

-
90
-
-
withholding
-
1 649
-
-
total
-
1 739
-
-
Income
10 500
10 500
10 500
10 500
Total tax
4 788
4 988
2 948
2 948
After tax
5 712
5 512
7 552
7 552
Living cost
16 579
16 579
16 579
16 579
Free-cash
-10 867
-11 067
-9 027
-9 027

Estimated living cost  is ₴16579 per week

₴11437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3118
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
-₴17114
-₴23093
-₴14975
-₴14975
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
-
-
-
10 500
income
-
-
-
755
social contributions
-
-
-
257
total
-
-
-
1 012
Employee
33 591
-
10 500
-
income
6 339
-
755
-
social contributions
2 791
-
257
-
total
9 130
-
1 012
-
Employer
33 591
-
10 500
-
total
-
-
-
-
Corporate
-
10 500
-
-
income
-
1 313
-
-
total
-
1 313
-
-
Dividends
-
9 187
-
-
withholding
-
1 838
-
-
total
-
1 838
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 130
3 151
1 012
1 012
After tax
1 370
7 349
9 488
9 488
Living cost
24 463
24 463
24 463
24 463
Free-cash
-23 093
-17 114
-14 975
-14 975

Estimated living cost  is ₴24463 per week

₴18611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3625
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
-₴10046
-₴12457
-₴20191
-₴7177
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.

-
-
-
10 500
income
-
-
-
12 224
health

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

-
-
-
2 878
total
-
-
-
15 102
Employee
19 700
-
9 544
-
income
2 138
-
176
-
social contributions
1 974
-
956
-
total
4 112
-
1 132
-
Employer
19 700
-
9 544
-
social contributions
1 974
-
956
-
total
1 974
-
956
-
Corporate
-
10 500
-
-
income
-
3 675
-
-
total
-
3 675
-
-
Dividends
-
6 825
-
-
social contributions
1 282
1 282
-
-
total
1 282
1 282
-
-
Income
10 500
10 500
10 500
10 500
Total tax
7 368
4 957
2 088
15 102
After tax
3 132
5 543
8 412
-4 602
Living cost
15 589
15 589
15 589
15 589
Free-cash
-12 457
-10 046
-7 177
-20 191

Estimated living cost  is ₴15589 per week

₴10268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3852
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
-₴8188
-₴14183
-₴7834
-₴8429
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
-
-
-
10 500
income
-
-
-
2 055
pensions
-
-
-
224
total
-
-
-
2 279
Employee
22 038
-
9 779
-
health
287
-
36
-
income
4 013
-
1 907
-
pensions
1 682
-
211
-
total
5 982
-
2 154
-
Employer
22 038
-
9 779
-
pensions
2 227
-
534
-
health
419
-
186
-
total
2 646
-
720
-
Corporate
-
10 500
-
-
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.

-
1 995
-
-
total
-
1 995
-
-
Dividends
-
8 505
-
-
withholding
-
638
-
-
total
-
638
-
-
Income
10 500
10 500
10 500
10 500
Total tax
8 628
2 633
2 874
2 279
After tax
1 872
7 867
7 626
8 221
Living cost
16 055
16 055
16 055
16 055
Free-cash
-14 183
-8 188
-8 429
-7 834

Estimated living cost  is ₴16055 per week

₴11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
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.
₴3363
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
-₴9306
-₴8731
-₴3963
-₴4612
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
-
-
-
10 500
accident
-
-
-
108
income
-
-
-
1 337
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
4 307
Employee
15 975
-
8 722
-
health
1 829
-
999
-
income
2 192
-
1 197
-
pensions
1 799
-
982
-
total
5 820
-
3 178
-
Employer
15 975
-
8 722
-
accident
267
-
146
-
unemployment
391
-
214
-
pensions
2 597
-
1 418
-
total
3 255
-
1 778
-
Corporate
-
10 500
-
-
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.

-
9 450
-
-
total
-
9 450
-
-
Dividends
-
1 050
-
-
withholding
-
200
-
-
total
-
200
-
-
Income
10 500
10 500
10 500
10 500
Total tax
9 075
9 650
4 956
4 307
After tax
1 425
850
5 544
6 193
Living cost
10 156
10 156
10 156
10 156
Free-cash
-8 731
-9 306
-4 612
-3 963

Estimated living cost  is ₴10156 per week

₴7453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1906
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
₴3138
₴1055
₴776
₴776
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.

-
-
-
10 500
work injury
-
-
-
52
health insurance
-
-
-
777
income
-
-
-
1 050
pensions
-
-
-
1 932
unemployment
-
-
-
126
total
-
-
-
3 937
Employee

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

9 259
-
10 500
-
work injury
46
-
52
-
income
926
-
1 050
-
pensions
1 704
-
1 932
-
health insurance
685
-
777
-
unemployment
111
-
126
-
total
3 472
-
3 937
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 241
10 500
-
-
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
1 241
10 500
-
-
withholding
186
1 575
-
-
total
186
1 575
-
-
Income
10 500
10 500
10 500
10 500
Total tax
3 658
1 575
3 937
3 937
After tax
6 842
8 925
6 563
6 563
Living cost
5 787
5 787
5 787
5 787
Free-cash
1 055
3 138
776
776

Estimated living cost  is ₴5787 per week

₴3585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
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.
₴1601
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
-₴11578
-₴25687
-₴11773
-₴12543
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
-
-
-
10 500
municipal
-
-
-
64
regional
-
-
-
124
national
-
-
-
1 649
social contributions
-
-
-
3 328
total
-
-
-
5 165
Employee
36 187
-
10 500
-
social contributions
12 202
-
4 363
-
regional
546
-
106
-
municipal
216
-
55
-
national
6 115
-
1 411
-
total
19 079
-
5 935
-
Employer
36 187
-
10 500
-
total
-
-
-
-
Corporate
-
10 500
-
-
nationa
-
2 520
-
-
municipal
-
506
-
-
total
-
3 026
-
-
Dividends
-
7 474
-
-
withholding
-
1 944
-
-
total
-
1 944
-
-
Income
10 500
10 500
10 500
10 500
Total tax
19 079
4 970
5 935
5 165
After tax
-8 579
5 530
4 565
5 335
Living cost
17 108
17 108
17 108
17 108
Free-cash
-25 687
-11 578
-12 543
-11 773

Estimated living cost  is ₴17108 per week

₴12017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
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.
₴3655
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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