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
₴ 12000
per

Your estimated
City
free-cash

Andorra , Andorra
-₴1008
-₴808
-₴653
₴432
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
-
-
-
12 000
social contributions
-
-
-
2 640
income
-
-
-
-
total
-
-
-
2 640
Employee
11 089
-
10 390
-
social contributions
721
-
675
-
income
-
-
-
-
total
721
-
675
-
Employer
11 089
-
10 390
-
social contributions
1 719
-
1 610
-
total
1 719
-
1 610
-
Corporate
-
12 000
-
-
income
-
1 200
-
-
total
-
1 200
-
-
Dividends
-
10 800
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
2 440
1 200
2 285
2 640
After tax
9 560
10 800
9 715
9 360
Living cost
10 368
10 368
10 368
10 368
Free-cash
-808
432
-653
-1 008

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
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.

Graz , Austria
-₴4305
-₴7742
-₴6785
-₴6789
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
-
-
-
12 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
918
chamber of commerce
-
-
-
48
pensions
-
-
-
2 220
income
-
-
-
-
total
-
-
-
5 301
Employee
15 077
13 745
13 745
-
unemployment
452
412
272
-
other
151
137
90
-
income
1 343
1 014
1 259
-
pensions
1 544
1 407
927
-
health
583
532
350
-
total
4 073
3 502
2 898
-
Employer
15 077
13 745
13 745
-
pensions
1 892
1 725
1 136
-
surtax
-
-
-
-
payroll
452
412
412
-
other
716
653
613
-
health
570
520
342
-
accident
196
179
118
-
unemployment
452
412
272
-
chamber of commerce
60
55
55
-
total
4 338
3 956
2 948
-
Corporate
1 309
1 309
7 743
-
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.

327
327
1 935
-
total
327
327
1 935
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
8 738
7 785
7 781
5 301
After tax
3 262
4 215
4 219
6 699
Living cost
11 004
11 004
11 004
11 004
Free-cash
-7 742
-6 789
-6 785
-4 305

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
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.
₴3083
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.

Vienna , Austria
-₴5523
-₴10592
-₴7972
-₴8007
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
-
-
-
12 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
918
chamber of commerce
-
-
-
48
pensions
-
-
-
2 220
income
-
-
-
-
total
-
-
-
5 369
Employee
17 237
13 745
13 745
-
unemployment
517
412
270
-
other
172
137
90
-
income
1 962
1 014
1 263
-
pensions
1 765
1 407
921
-
health
667
532
348
-
total
5 083
3 502
2 892
-
Employer
17 237
13 745
13 745
-
pensions
2 163
1 725
1 129
-
surtax
68
68
68
-
payroll
517
412
412
-
other
819
653
613
-
health
651
520
340
-
accident
224
179
117
-
unemployment
517
412
270
-
chamber of commerce
69
55
55
-
total
5 028
4 024
3 004
-
Corporate
1 309
1 309
7 687
-
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.

327
327
1 922
-
total
327
327
1 922
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
10 438
7 853
7 818
5 369
After tax
1 562
4 147
4 182
6 631
Living cost
12 154
12 154
12 154
12 154
Free-cash
-10 592
-8 007
-7 972
-5 523

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
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.

Brussels , Belgium
-₴5150
-₴19854
-₴7001
-₴5764
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
-
-
-
12 000
national
-
-
-
3 236
communal

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

-
-
-
681
social contributions
-
-
-
657
total
-
-
-
4 574
Employee

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

24 672
-
9 294
-
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.

215
-
81
-
national
7 585
-
2 020
-
communal

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

1 287
-
485
-
pensions

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

1 850
-
697
-
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.

1 159
-
437
-
total
12 096
-
3 720
-
Employer

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

24 672
-
9 294
-
surtax
2 798
-
1 054
-
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.

2 186
-
823
-
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.

1 517
-
572
-
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.

321
-
121
-
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.

360
-
135
-
total
7 182
-
2 705
-
Corporate
-
12 000
-
-
income
-
2 400
-
-
surtax
-
48
-
-
total
-
2 448
-
-
Dividends
-
9 552
-
-
withholding

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

-
2 740
-
-
total
-
2 740
-
-
Income
12 000
12 000
12 000
12 000
Total tax
19 278
5 188
6 425
4 574
After tax
-7 278
6 812
5 575
7 426
Living cost
12 576
12 576
12 576
12 576
Free-cash
-19 854
-5 764
-7 001
-5 150

Estimated living cost  is ₴12576 per week

₴8101
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.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
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
Sofia , Bulgaria
₴1075
₴2242
₴1655
₴4339
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
-
-
-
12 000
unemployment
-
-
-
48
health
-
-
-
1 380
pensions

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

-
-
-
1 776
income
-
-
-
1 800
total
-
-
-
5 004
Employee
7 841
-
10 032
-
accident

We are using the highest rate at 1.1%.

86
-
110
-
income
784
-
1 003
-
pensions

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

688
-
881
-
health
361
-
462
-
total
1 919
-
2 456
-
Employer
7 841
-
10 032
-
pensions

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

864
-
1 106
-
health
541
-
692
-
accident

We are using the highest rate at 1.1%.

86
-
110
-
unemployment
47
-
60
-
total
1 538
-
1 968
-
Corporate
2 621
12 000
-
-
income
262
1 200
-
-
total
262
1 200
-
-
Dividends
2 359
10 800
-
-
withholding
118
540
-
-
total
118
540
-
-
Income
12 000
12 000
12 000
12 000
Total tax
3 837
1 740
4 424
5 004
After tax
8 163
10 260
7 576
6 996
Living cost
5 921
5 921
5 921
5 921
Free-cash
2 242
4 339
1 655
1 075

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
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.
₴1525
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
Varna , Bulgaria
₴2483
₴4147
₴3063
₴5747
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
-
-
-
12 000
unemployment
-
-
-
48
health
-
-
-
1 380
pensions

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

-
-
-
1 776
income
-
-
-
1 800
total
-
-
-
5 004
Employee
5 976
-
10 032
-
accident

We are using the highest rate at 1.1%.

66
-
110
-
income
598
-
1 003
-
pensions

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

525
-
881
-
health
275
-
462
-
total
1 464
-
2 456
-
Employer
5 976
-
10 032
-
pensions

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

659
-
1 106
-
health
412
-
692
-
accident

We are using the highest rate at 1.1%.

66
-
110
-
unemployment
36
-
60
-
total
1 173
-
1 968
-
Corporate
4 851
12 000
-
-
income
485
1 200
-
-
total
485
1 200
-
-
Dividends
4 366
10 800
-
-
withholding
218
540
-
-
total
218
540
-
-
Income
12 000
12 000
12 000
12 000
Total tax
3 340
1 740
4 424
5 004
After tax
8 660
10 260
7 576
6 996
Living cost
4 513
4 513
4 513
4 513
Free-cash
4 147
5 747
3 063
2 483

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴1436
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
Larnaca , Cyprus
₴1635
-₴1309
-₴1105
-₴3785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 112
health
-
-
-
334
social contributions
-
-
-
2 045
income
-
-
-
-
total
-
-
-
2 379
Employee
26 522
26 522
26 522
-
income
2 888
2 455
2 924
-
social contributions
1 003
2 201
904
-
health
206
451
185
-
total
4 097
5 107
4 013
-
Employer
26 522
26 522
26 522
-
social contributions
1 003
2 201
904
-
health
223
491
202
-
total
1 226
2 692
1 106
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
5 323
7 799
5 119
2 379
After tax
6 677
4 201
6 881
9 621
Living cost
7 986
7 986
7 986
7 986
Free-cash
-1 309
-3 785
-1 105
1 635

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Limassol , Cyprus
-₴1566
-₴5101
-₴4306
-₴6986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 112
health
-
-
-
334
social contributions
-
-
-
2 045
income
-
-
-
-
total
-
-
-
2 379
Employee
26 522
26 522
26 522
-
income
2 785
2 455
2 924
-
social contributions
1 289
2 201
904
-
health
264
451
185
-
total
4 338
5 107
4 013
-
Employer
26 522
26 522
26 522
-
social contributions
1 289
2 201
904
-
health
287
491
202
-
total
1 576
2 692
1 106
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
5 914
7 799
5 119
2 379
After tax
6 086
4 201
6 881
9 621
Living cost
11 187
11 187
11 187
11 187
Free-cash
-5 101
-6 986
-4 306
-1 566

Estimated living cost  is ₴11187 per week

₴7648
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.
₴188
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.
₴2478
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
Brno , Czech Republic
-₴2116
-₴3689
-₴1872
₴301
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
-
-
-
12 000
health
-
-
-
1 620
social contributions
-
-
-
3 504
income
-
-
-
1 031
solidarity contribution
-
-
-
-
total
-
-
-
6 155
Employee
11 708
-
8 955
-
income
1 405
-
1 075
-
social contributions
761
-
582
-
health
1 581
-
1 209
-
solidarity contribution
-
-
-
-
total
3 747
-
2 866
-
Employer
11 708
-
8 955
-
social contributions
2 927
-
2 239
-
health
1 054
-
806
-
total
3 981
-
3 045
-
Corporate
-
12 000
-
-
income
-
2 280
-
-
total
-
2 280
-
-
Dividends
-
9 720
-
-
withholding
-
1 458
-
-
total
-
1 458
-
-
Income
12 000
12 000
12 000
12 000
Total tax
7 728
3 738
5 911
6 155
After tax
4 272
8 262
6 089
5 845
Living cost
7 961
7 961
7 961
7 961
Free-cash
-3 689
301
-1 872
-2 116

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1708
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
Prague , Czech Republic
-₴3965
-₴7332
-₴3721
-₴1548
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
-
-
-
12 000
health
-
-
-
1 620
social contributions
-
-
-
3 504
income
-
-
-
1 031
solidarity contribution
-
-
-
-
total
-
-
-
6 155
Employee
14 427
-
8 955
-
income
1 731
-
1 075
-
social contributions
938
-
582
-
health
1 948
-
1 209
-
solidarity contribution
-
-
-
-
total
4 617
-
2 866
-
Employer
14 427
-
8 955
-
social contributions
3 607
-
2 239
-
health
1 298
-
806
-
total
4 905
-
3 045
-
Corporate
-
12 000
-
-
income
-
2 280
-
-
total
-
2 280
-
-
Dividends
-
9 720
-
-
withholding
-
1 458
-
-
total
-
1 458
-
-
Income
12 000
12 000
12 000
12 000
Total tax
9 522
3 738
5 911
6 155
After tax
2 478
8 262
6 089
5 845
Living cost
9 810
9 810
9 810
9 810
Free-cash
-7 332
-1 548
-3 721
-3 965

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
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
Copenhagen , Denmark
-₴8366
-₴63381
-₴63381
-₴63381
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
-
-
-
12 000
national
-
-
-
928
pensions
-
-
-
300
municipal
-
-
-
1 540
labour market
-
-
-
936
total
-
-
-
3 704
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
58 719
58 719
58 719
3 704
After tax
-46 719
-46 719
-46 719
8 296
Living cost
16 662
16 662
16 662
16 662
Free-cash
-63 381
-63 381
-63 381
-8 366

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
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.
₴3528
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
Tallinn , Estonia
-₴1114
-₴1093
-₴628
₴1269
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
-
-
-
12 000
health
-
-
-
1 560
pensions
-
-
-
2 400
income
-
-
-
823
total
-
-
-
4 783
Employee
9 785
-
8 969
-
unemployment
156
-
143
-
income
1 102
-
944
-
pensions
196
-
179
-
total
1 454
-
1 266
-
Employer
9 785
-
8 969
-
pensions
1 957
-
1 793
-
health
1 272
-
1 166
-
unemployment
79
-
72
-
total
3 308
-
3 031
-
Corporate
-
12 000
-
-
income
-
2 400
-
-
total
-
2 400
-
-
Dividends
-
9 600
-
-
total
-
-
-
-
Income
12 000
12 000
12 000
12 000
Total tax
4 762
2 400
4 297
4 783
After tax
7 238
9 600
7 703
7 217
Living cost
8 331
8 331
8 331
8 331
Free-cash
-1 093
1 269
-628
-1 114

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1953
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
Helsinki , Finland
-₴3462
-₴9569
-₴5656
-₴4938
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

-
-
-
12 000
national
-
-
-
26
health
-
-
-
41
municipal
-
-
-
2 153
total
-
-
-
2 220
Employee
18 147
-
10 095
-
unemployment
272
-
151
-
municipal
2 972
-
1 665
-
national
300
-
-
-
pensions
1 225
-
681
-
health
135
-
12
-
total
4 904
-
2 509
-
Employer
18 147
-
10 095
-
pensions
3 148
-
1 752
-
health
139
-
78
-
accident
18
-
10
-
unemployment
118
-
65
-
total
3 423
-
1 905
-
Corporate
-
12 000
-
-
income
-
2 400
-
-
total
-
2 400
-
-
Dividends

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

-
7 200
-
-
municipal
-
1 296
-
-
national
-
-
-
-
total
-
1 296
-
-
Income
12 000
12 000
12 000
12 000
Total tax
8 327
3 696
4 414
2 220
After tax
3 673
8 304
7 586
9 780
Living cost
13 242
13 242
13 242
13 242
Free-cash
-9 569
-4 938
-5 656
-3 462

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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.

Marseille , France
-₴3265
-₴5291
-₴2973
-₴4584
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
-
-
-
12 000
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
3 667
social contributions
-
-
-
342
income
-
-
-
147
other
-
-
-
372
total
-
-
-
4 633
Employee
13 177
-
9 144
-
income
679
-
192
-
surtax
-
-
-
-
social contributions
376
-
261
-
pensions
1 490
-
1 034
-
total
2 545
-
1 487
-
Employer
13 177
-
9 144
-
pensions
2 165
-
1 502
-
social contributions
39
-
27
-
other
455
-
315
-
health
922
-
640
-
unemployment
533
-
370
-
total
4 114
-
2 854
-
Corporate
-
12 000
-
-
income
-
3 360
-
-
surtax
-
-
-
-
total
-
3 360
-
-
Dividends
-
8 640
-
-
withholding
-
1 106
-
-
social contributions
-
1 486
-
-
surtax
-
-
-
-
total
-
2 592
-
-
Income
12 000
12 000
12 000
12 000
Total tax
6 659
5 952
4 341
4 633
After tax
5 341
6 048
7 659
7 367
Living cost
10 632
10 632
10 632
10 632
Free-cash
-5 291
-4 584
-2 973
-3 265

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
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.
₴3184
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
Nice , France
-₴4434
-₴7373
-₴4142
-₴5753
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
-
-
-
12 000
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
3 667
social contributions
-
-
-
342
income
-
-
-
147
other
-
-
-
372
total
-
-
-
4 633
Employee
14 762
-
9 144
-
income
871
-
192
-
surtax
-
-
-
-
social contributions
421
-
261
-
pensions
1 669
-
1 034
-
total
2 961
-
1 487
-
Employer
14 762
-
9 144
-
pensions
2 425
-
1 502
-
social contributions
45
-
27
-
other
509
-
315
-
health
1 034
-
640
-
unemployment
598
-
370
-
total
4 611
-
2 854
-
Corporate
-
12 000
-
-
income
-
3 360
-
-
surtax
-
-
-
-
total
-
3 360
-
-
Dividends
-
8 640
-
-
withholding
-
1 106
-
-
social contributions
-
1 486
-
-
surtax
-
-
-
-
total
-
2 592
-
-
Income
12 000
12 000
12 000
12 000
Total tax
7 572
5 952
4 341
4 633
After tax
4 428
6 048
7 659
7 367
Living cost
11 801
11 801
11 801
11 801
Free-cash
-7 373
-5 753
-4 142
-4 434

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴3200
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
Paris , France
-₴9292
-₴16350
-₴9000
-₴10611
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
-
-
-
12 000
surtax
-
-
-
-
health
-
-
-
105
pensions
-
-
-
3 667
social contributions
-
-
-
342
income
-
-
-
147
other
-
-
-
372
total
-
-
-
4 633
Employee
21 603
-
9 144
-
income
1 885
-
192
-
surtax
-
-
-
-
social contributions
615
-
261
-
pensions
2 443
-
1 034
-
total
4 943
-
1 487
-
Employer
21 603
-
9 144
-
pensions
3 550
-
1 502
-
social contributions
65
-
27
-
other
746
-
315
-
health
1 512
-
640
-
unemployment
875
-
370
-
total
6 748
-
2 854
-
Corporate
-
12 000
-
-
income
-
3 360
-
-
surtax
-
-
-
-
total
-
3 360
-
-
Dividends
-
8 640
-
-
withholding
-
1 106
-
-
social contributions
-
1 486
-
-
surtax
-
-
-
-
total
-
2 592
-
-
Income
12 000
12 000
12 000
12 000
Total tax
11 691
5 952
4 341
4 633
After tax
309
6 048
7 659
7 367
Living cost
16 659
16 659
16 659
16 659
Free-cash
-16 350
-10 611
-9 000
-9 292

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3793
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
Batumi , Georgia
₴9648
₴8749
₴7368
₴9168
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%.

-
-
-
12 000
microenterprise

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

-
-
-
120
total
-
-
-
120
Employee
2 789
-
12 000
-
income
558
-
2 400
-
total
558
-
2 400
-
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%.

9 211
12 000
-
-
total
-
-
-
-
Dividends
9 211
12 000
-
-
withholding
461
600
-
-
total
461
600
-
-
Income
12 000
12 000
12 000
12 000
Total tax
1 019
600
2 400
120
After tax
10 981
11 400
9 600
11 880
Living cost
2 232
2 232
2 232
2 232
Free-cash
8 749
9 168
7 368
9 648

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
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.

Tbilisi , Georgia
₴8403
₴7271
₴6123
₴7923
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%.

-
-
-
12 000
microenterprise

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

-
-
-
120
total
-
-
-
120
Employee
4 347
-
12 000
-
income
869
-
2 400
-
total
869
-
2 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

7 653
12 000
-
-
total
-
-
-
-
Dividends
7 653
12 000
-
-
withholding
383
600
-
-
total
383
600
-
-
Income
12 000
12 000
12 000
12 000
Total tax
1 252
600
2 400
120
After tax
10 748
11 400
9 600
11 880
Living cost
3 477
3 477
3 477
3 477
Free-cash
7 271
7 923
6 123
8 403

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
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.

Berlin , Germany
-₴3751
-₴5161
-₴3751
-₴7060
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.

-
-
-
12 000
surtax

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

-
-
-
4
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.

-
-
-
2 356
income

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

-
-
-
75
trade
-
-
-
-
total
-
-
-
2 435
Employee

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

17 162
-
12 000
-
income

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

1 411
-
75
-
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.

78
-
4
-
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.

2 356
-
2 356
-
total
3 845
-
2 435
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 000
-
-
trade
-
1 722
-
-
income
-
1 800
-
-
chamber of commerce
-
70
-
-
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.

-
99
-
-
total
-
3 691
-
-
Dividends
-
8 309
-
-
withholding
-
1 946
-
-
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.

-
107
-
-
total
-
2 053
-
-
Income
12 000
12 000
12 000
12 000
Total tax
3 845
5 744
2 435
2 435
After tax
8 155
6 256
9 565
9 565
Living cost
13 316
13 316
13 316
13 316
Free-cash
-5 161
-7 060
-3 751
-3 751

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
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.
₴2504
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.

Dresden , Germany
-₴882
-₴1192
-₴882
-₴4314
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.

-
-
-
12 000
surtax

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

-
-
-
4
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.

-
-
-
2 356
income

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

-
-
-
75
trade
-
-
-
-
total
-
-
-
2 435
Employee

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

13 192
-
12 000
-
income

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

369
-
75
-
surtax

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

20
-
4
-
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.

2 356
-
2 356
-
total
2 745
-
2 435
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 000
-
-
trade
-
1 890
-
-
income
-
1 800
-
-
chamber of commerce
-
69
-
-
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.

-
99
-
-
total
-
3 858
-
-
Dividends
-
8 141
-
-
withholding
-
1 904
-
-
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.

-
105
-
-
total
-
2 009
-
-
Income
12 000
12 000
12 000
12 000
Total tax
2 745
5 867
2 435
2 435
After tax
9 255
6 133
9 565
9 565
Living cost
10 447
10 447
10 447
10 447
Free-cash
-1 192
-4 314
-882
-882

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
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.

Hamburg , Germany
-₴3985
-₴5491
-₴3985
-₴7478
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.

-
-
-
12 000
surtax

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

-
-
-
4
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.

-
-
-
2 356
income

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

-
-
-
75
trade
-
-
-
-
total
-
-
-
2 435
Employee

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

17 491
-
12 000
-
income

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

1 503
-
75
-
surtax

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

82
-
4
-
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.

2 356
-
2 356
-
total
3 941
-
2 435
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 000
-
-
trade
-
1 974
-
-
income
-
1 800
-
-
chamber of commerce
-
69
-
-
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.

-
99
-
-
total
-
3 942
-
-
Dividends
-
8 058
-
-
withholding
-
1 883
-
-
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
-
-
total
-
1 986
-
-
Income
12 000
12 000
12 000
12 000
Total tax
3 941
5 928
2 435
2 435
After tax
8 059
6 072
9 565
9 565
Living cost
13 550
13 550
13 550
13 550
Free-cash
-5 491
-7 478
-3 985
-3 985

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Munich , Germany
-₴6236
-₴8729
-₴6236
-₴9791
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.

-
-
-
12 000
surtax

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

-
-
-
4
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.

-
-
-
2 356
income

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

-
-
-
75
trade
-
-
-
-
total
-
-
-
2 435
Employee

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

20 729
-
12 000
-
income

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

2 438
-
75
-
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.

134
-
4
-
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.

2 356
-
2 356
-
total
4 928
-
2 435
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 000
-
-
trade
-
2 058
-
-
income
-
1 800
-
-
chamber of commerce
-
69
-
-
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.

-
99
-
-
total
-
4 026
-
-
Dividends
-
7 974
-
-
withholding
-
1 862
-
-
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.

-
102
-
-
total
-
1 964
-
-
Income
12 000
12 000
12 000
12 000
Total tax
4 928
5 990
2 435
2 435
After tax
7 072
6 010
9 565
9 565
Living cost
15 801
15 801
15 801
15 801
Free-cash
-8 729
-9 791
-6 236
-6 236

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2792
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.

Athens , Greece
-₴830
-₴2061
-₴1110
-₴199
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
-
-
-
12 000
surtax
-
-
-
18
unemployment
-
-
-
79
health
-
-
-
852
pensions
-
-
-
2 400
income
-
-
-
1 734
other
-
-
-
-
total
-
-
-
5 083
Employee
11 616
-
9 913
-
unemployment
808
-
690
-
other
-
-
-
-
income
1 947
-
1 662
-
surtax
41
-
10
-
pensions
775
-
661
-
health
297
-
253
-
total
3 868
-
3 276
-
Employer
11 616
-
9 913
-
pensions
1 549
-
1 322
-
other
-
-
-
-
health
528
-
451
-
unemployment
369
-
314
-
total
2 446
-
2 087
-
Corporate
-
12 000
-
-
income
-
3 120
-
-
total
-
3 120
-
-
Dividends
-
8 880
-
-
withholding
-
1 332
-
-
total
-
1 332
-
-
Income
12 000
12 000
12 000
12 000
Total tax
6 314
4 452
5 363
5 083
After tax
5 686
7 548
6 637
6 917
Living cost
7 747
7 747
7 747
7 747
Free-cash
-2 061
-199
-1 110
-830

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
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
Thessaloniki , Greece
-₴694
-₴1807
-₴974
-₴63
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
-
-
-
12 000
surtax
-
-
-
18
unemployment
-
-
-
79
health
-
-
-
852
pensions
-
-
-
2 400
income
-
-
-
1 734
other
-
-
-
-
total
-
-
-
5 083
Employee
11 406
-
9 913
-
unemployment
794
-
690
-
other
-
-
-
-
income
1 912
-
1 662
-
surtax
37
-
10
-
pensions
761
-
661
-
health
291
-
253
-
total
3 795
-
3 276
-
Employer
11 406
-
9 913
-
pensions
1 521
-
1 322
-
other
-
-
-
-
health
519
-
451
-
unemployment
361
-
314
-
total
2 401
-
2 087
-
Corporate
-
12 000
-
-
income
-
3 120
-
-
total
-
3 120
-
-
Dividends
-
8 880
-
-
withholding
-
1 332
-
-
total
-
1 332
-
-
Income
12 000
12 000
12 000
12 000
Total tax
6 196
4 452
5 363
5 083
After tax
5 804
7 548
6 637
6 917
Living cost
7 611
7 611
7 611
7 611
Free-cash
-1 807
-63
-974
-694

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2079
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
Budapest , Hungary
₴1466
₴116
₴109
₴9
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
-
-
-
12 000
unemployment
-
-
-
180
health
-
-
-
840
pensions
-
-
-
1 200
income
-
-
-
1 467
total
-
-
-
3 687
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.

9 884
3 934
10 042
-
unemployment
148
59
151
-
income
1 208
481
1 228
-
pensions
988
393
1 004
-
health
692
275
703
-
total
3 036
1 208
3 086
-
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.

9 884
3 934
10 042
-
pensions
1 927
767
1 958
-
total
1 927
767
1 958
-
Corporate
189
7 299
-
-
income
17
657
-
-
total
17
657
-
-
Dividends
172
6 642
-
-
withholding
33
1 262
-
-
social contributions
24
1 250
-
-
total
57
2 512
-
-
Income
12 000
12 000
12 000
12 000
Total tax
5 037
5 144
5 044
3 687
After tax
6 963
6 856
6 956
8 313
Living cost
6 847
6 847
6 847
6 847
Free-cash
116
9
109
1 466

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
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.
₴1478
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
Reykjavik , Iceland
-₴8789
-₴16235
-₴8695
-₴9211
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
-
-
-
12 000
national
-
-
-
1 532
pensions
-
-
-
1 440
social contributions
-
-
-
129
municipal
-
-
-
989
total
-
-
-
4 090
Employee
25 887
-
10 374
-
municipal
3 197
-
1 035
-
national
4 955
-
1 604
-
pensions
1 035
-
415
-
total
9 187
-
3 054
-
Employer
25 887
-
10 374
-
pensions
2 071
-
830
-
social contributions
278
-
112
-
total
2 349
-
942
-
Corporate
-
12 000
-
-
income

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

-
2 400
-
-
total
-
2 400
-
-
Dividends
-
9 600
-
-
withholding
-
2 112
-
-
total
-
2 112
-
-
Income
12 000
12 000
12 000
12 000
Total tax
11 536
4 512
3 996
4 090
After tax
464
7 488
8 004
7 910
Living cost
16 699
16 699
16 699
16 699
Free-cash
-16 235
-9 211
-8 695
-8 789

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
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.
₴3547
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.

Dublin , Ireland
-₴9404
-₴14980
-₴9404
-₴11248
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
-
-
-
12 000
social contributions
-
-
-
436
income
-
-
-
1 320
total
-
-
-
1 756
Employee
26 980
-
12 000
-
social contributions
2 241
-
436
-
income
5 091
-
1 320
-
total
7 332
-
1 756
-
Employer
26 980
-
12 000
-
total
-
-
-
-
Corporate
-
12 000
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends
-
10 500
-
-
withholding
-
2 100
-
-
total
-
2 100
-
-
Income
12 000
12 000
12 000
12 000
Total tax
7 332
3 600
1 756
1 756
After tax
4 668
8 400
10 244
10 244
Living cost
19 648
19 648
19 648
19 648
Free-cash
-14 980
-11 248
-9 404
-9 404

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2911
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.

Milan , Italy
-₴7871
-₴18654
-₴8590
-₴8152
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
-
-
-
12 000
national
-
-
-
2 050
regional
-
-
-
110
social contributions
-
-
-
3 086
municipal
-
-
-
71
total
-
-
-
5 317
Employee
30 654
-
12 000
-
municipal
162
-
63
-
national
5 312
-
1 829
-
social contributions
10 337
-
4 046
-
regional
289
-
98
-
total
16 100
-
6 036
-
Employer
30 654
-
12 000
-
total
-
-
-
-
Corporate
-
12 000
-
-
nationa
-
2 880
-
-
municipal
-
468
-
-
total
-
3 348
-
-
Dividends
-
8 652
-
-
withholding
-
2 250
-
-
total
-
2 250
-
-
Income
12 000
12 000
12 000
12 000
Total tax
16 100
5 598
6 036
5 317
After tax
-4 100
6 402
5 964
6 683
Living cost
14 554
14 554
14 554
14 554
Free-cash
-18 654
-8 152
-8 590
-7 871

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
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.
₴3231
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
Naples , Italy
-₴2679
-₴7133
-₴3391
-₴2983
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
-
-
-
12 000
national
-
-
-
2 050
regional
-
-
-
181
social contributions
-
-
-
3 086
municipal
-
-
-
71
total
-
-
-
5 388
Employee
19 133
-
12 000
-
municipal
101
-
63
-
national
3 031
-
1 829
-
social contributions
6 452
-
4 046
-
regional
258
-
162
-
total
9 842
-
6 100
-
Employer
19 133
-
12 000
-
total
-
-
-
-
Corporate
-
12 000
-
-
nationa
-
2 880
-
-
municipal
-
596
-
-
total
-
3 476
-
-
Dividends