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
₴ 12500
per

Your estimated
City
free-cash

Andorra , Andorra
-₴634
-₴327
-₴265
₴866
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
-
-
-
12 500
social contributions
-
-
-
2 750
income
-
-
-
-
total
-
-
-
2 750
Employee
11 106
-
10 822
-
social contributions
722
-
703
-
income
-
-
-
-
total
722
-
703
-
Employer
11 106
-
10 822
-
social contributions
1 721
-
1 678
-
total
1 721
-
1 678
-
Corporate
-
12 500
-
-
income
-
1 250
-
-
total
-
1 250
-
-
Dividends
-
11 250
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
2 443
1 250
2 381
2 750
After tax
10 057
11 250
10 119
9 750
Living cost
10 384
10 384
10 384
10 384
Free-cash
-327
866
-265
-634

Estimated living cost  is ₴10384 per week

₴6714
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.
₴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.
₴2692
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
-₴3959
-₴7273
-₴6546
-₴6320
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
-
-
-
12 500
surtax
-
-
-
-
unemployment
-
-
-
2 119
health
-
-
-
956
chamber of commerce
-
-
-
50
pensions
-
-
-
2 313
income
-
-
-
-
total
-
-
-
5 438
Employee
15 100
13 766
13 766
-
unemployment
453
413
284
-
other
151
138
94
-
income
1 345
1 015
1 236
-
pensions
1 546
1 409
969
-
health
584
533
366
-
total
4 079
3 508
2 949
-
Employer
15 100
13 766
13 766
-
pensions
1 895
1 728
1 187
-
surtax
-
-
-
-
payroll
453
413
413
-
other
717
654
618
-
health
571
521
358
-
accident
196
179
123
-
unemployment
453
413
284
-
chamber of commerce
60
55
55
-
total
4 345
3 963
3 038
-
Corporate
1 311
1 311
8 151
-
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.

328
328
2 038
-
total
328
328
2 038
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
8 752
7 799
8 025
5 438
After tax
3 748
4 701
4 475
7 062
Living cost
11 021
11 021
11 021
11 021
Free-cash
-7 273
-6 320
-6 546
-3 959

Estimated living cost  is ₴11021 per week

₴6611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
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.
₴3088
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
-₴5178
-₴10127
-₴7733
-₴7539
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
-
-
-
12 500
surtax
-
-
-
68
unemployment
-
-
-
2 119
health
-
-
-
956
chamber of commerce
-
-
-
50
pensions
-
-
-
2 313
income
-
-
-
-
total
-
-
-
5 506
Employee
17 264
13 766
13 766
-
unemployment
518
413
282
-
other
172
138
94
-
income
1 965
1 015
1 240
-
pensions
1 768
1 409
963
-
health
668
533
364
-
total
5 091
3 508
2 943
-
Employer
17 264
13 766
13 766
-
pensions
2 167
1 728
1 181
-
surtax
68
68
68
-
payroll
518
413
413
-
other
820
654
617
-
health
652
521
355
-
accident
224
179
123
-
unemployment
518
413
282
-
chamber of commerce
69
55
55
-
total
5 036
4 031
3 094
-
Corporate
1 311
1 311
8 095
-
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.

328
328
2 024
-
total
328
328
2 024
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
10 455
7 867
8 061
5 506
After tax
2 045
4 633
4 439
6 994
Living cost
12 172
12 172
12 172
12 172
Free-cash
-10 127
-7 539
-7 733
-5 178

Estimated living cost  is ₴12172 per week

₴8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1038
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.
₴2816
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
-₴4953
-₴19404
-₴6787
-₴5504
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
-
-
-
12 500
national
-
-
-
3 393
communal

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

-
-
-
705
social contributions
-
-
-
760
total
-
-
-
4 858
Employee

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

24 710
-
9 682
-
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
-
84
-
national
7 597
-
2 104
-
communal

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

1 289
-
505
-
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.

1 853
-
726
-
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.

1 161
-
455
-
total
12 115
-
3 874
-
Employer

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

24 710
-
9 682
-
surtax
2 802
-
1 097
-
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.

2 190
-
858
-
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.

1 520
-
595
-
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
-
126
-
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.

361
-
142
-
total
7 194
-
2 818
-
Corporate
-
12 500
-
-
income
-
2 500
-
-
surtax
-
50
-
-
total
-
2 550
-
-
Dividends
-
9 950
-
-
withholding

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

-
2 859
-
-
total
-
2 859
-
-
Income
12 500
12 500
12 500
12 500
Total tax
19 309
5 409
6 692
4 858
After tax
-6 809
7 091
5 808
7 642
Living cost
12 595
12 595
12 595
12 595
Free-cash
-19 404
-5 504
-6 787
-4 953

Estimated living cost  is ₴12595 per week

₴8113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
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.
₴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
Sofia , Bulgaria
₴1454
₴2633
₴1944
₴4739
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
-
-
-
12 500
unemployment
-
-
-
48
health
-
-
-
1 389
pensions

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

-
-
-
1 787
income
-
-
-
1 875
total
-
-
-
5 099
Employee
7 875
-
10 450
-
accident

We are using the highest rate at 1.1%.

87
-
115
-
income
788
-
1 045
-
pensions

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

691
-
917
-
health
362
-
481
-
total
1 928
-
2 558
-
Employer
7 875
-
10 450
-
pensions

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

868
-
1 152
-
health
543
-
721
-
accident

We are using the highest rate at 1.1%.

87
-
115
-
unemployment
47
-
63
-
total
1 545
-
2 051
-
Corporate
3 079
12 500
-
-
income
308
1 250
-
-
total
308
1 250
-
-
Dividends
2 771
11 250
-
-
withholding
139
563
-
-
total
139
563
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 920
1 813
4 609
5 099
After tax
8 580
10 687
7 891
7 401
Living cost
5 948
5 948
5 948
5 948
Free-cash
2 633
4 739
1 944
1 454

Estimated living cost  is ₴5948 per week

₴3934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
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.
₴1532
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
₴2868
₴4548
₴3358
₴6154
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
-
-
-
12 500
unemployment
-
-
-
48
health
-
-
-
1 389
pensions

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

-
-
-
1 787
income
-
-
-
1 875
total
-
-
-
5 099
Employee
6 002
-
10 450
-
accident

We are using the highest rate at 1.1%.

66
-
115
-
income
600
-
1 045
-
pensions

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

527
-
917
-
health
276
-
481
-
total
1 469
-
2 558
-
Employer
6 002
-
10 450
-
pensions

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

662
-
1 152
-
health
414
-
721
-
accident

We are using the highest rate at 1.1%.

66
-
115
-
unemployment
36
-
63
-
total
1 178
-
2 051
-
Corporate
5 320
12 500
-
-
income
532
1 250
-
-
total
532
1 250
-
-
Dividends
4 788
11 250
-
-
withholding
240
563
-
-
total
240
563
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 419
1 813
4 609
5 099
After tax
9 081
10 687
7 891
7 401
Living cost
4 533
4 533
4 533
4 533
Free-cash
4 548
6 154
3 358
2 868

Estimated living cost  is ₴4533 per week

₴2646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
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.
₴1443
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
₴2118
-₴828
-₴700
-₴3311
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
-
-
-
13 132
health
-
-
-
335
social contributions
-
-
-
2 049
income
-
-
-
-
total
-
-
-
2 384
Employee
26 563
26 563
26 563
-
income
2 892
2 459
2 915
-
social contributions
1 004
2 205
942
-
health
206
452
193
-
total
4 102
5 116
4 050
-
Employer
26 563
26 563
26 563
-
social contributions
1 004
2 205
942
-
health
224
492
210
-
total
1 228
2 697
1 152
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 330
7 813
5 202
2 384
After tax
7 170
4 687
7 298
10 116
Living cost
7 998
7 998
7 998
7 998
Free-cash
-828
-3 311
-700
2 118

Estimated living cost  is ₴7998 per week

₴4793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2243
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
-₴1088
-₴4627
-₴3906
-₴6517
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
-
-
-
13 132
health
-
-
-
335
social contributions
-
-
-
2 049
income
-
-
-
-
total
-
-
-
2 384
Employee
26 563
26 563
26 563
-
income
2 789
2 459
2 915
-
social contributions
1 291
2 205
942
-
health
264
452
193
-
total
4 344
5 116
4 050
-
Employer
26 563
26 563
26 563
-
social contributions
1 291
2 205
942
-
health
288
492
210
-
total
1 579
2 697
1 152
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 923
7 813
5 202
2 384
After tax
6 577
4 687
7 298
10 116
Living cost
11 204
11 204
11 204
11 204
Free-cash
-4 627
-6 517
-3 906
-1 088

Estimated living cost  is ₴11204 per week

₴7659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
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.
₴2482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
-₴1894
-₴3230
-₴1638
₴624
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
-
-
-
12 500
health
-
-
-
1 688
social contributions
-
-
-
3 650
income
-
-
-
1 074
solidarity contribution
-
-
-
-
total
-
-
-
6 412
Employee
11 738
-
9 328
-
income
1 409
-
1 119
-
social contributions
763
-
606
-
health
1 585
-
1 259
-
solidarity contribution
-
-
-
-
total
3 757
-
2 984
-
Employer
11 738
-
9 328
-
social contributions
2 935
-
2 332
-
health
1 056
-
840
-
total
3 991
-
3 172
-
Corporate
-
12 500
-
-
income
-
2 375
-
-
total
-
2 375
-
-
Dividends
-
10 125
-
-
withholding
-
1 519
-
-
total
-
1 519
-
-
Income
12 500
12 500
12 500
12 500
Total tax
7 748
3 894
6 156
6 412
After tax
4 752
8 606
6 344
6 088
Living cost
7 982
7 982
7 982
7 982
Free-cash
-3 230
624
-1 638
-1 894

Estimated living cost  is ₴7982 per week

₴5544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
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.
₴1713
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
-₴3748
-₴6883
-₴3492
-₴1230
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
-
-
-
12 500
health
-
-
-
1 688
social contributions
-
-
-
3 650
income
-
-
-
1 074
solidarity contribution
-
-
-
-
total
-
-
-
6 412
Employee
14 465
-
9 328
-
income
1 736
-
1 119
-
social contributions
940
-
606
-
health
1 953
-
1 259
-
solidarity contribution
-
-
-
-
total
4 629
-
2 984
-
Employer
14 465
-
9 328
-
social contributions
3 616
-
2 332
-
health
1 302
-
840
-
total
4 918
-
3 172
-
Corporate
-
12 500
-
-
income
-
2 375
-
-
total
-
2 375
-
-
Dividends
-
10 125
-
-
withholding
-
1 519
-
-
total
-
1 519
-
-
Income
12 500
12 500
12 500
12 500
Total tax
9 547
3 894
6 156
6 412
After tax
2 953
8 606
6 344
6 088
Living cost
9 836
9 836
9 836
9 836
Free-cash
-6 883
-1 230
-3 492
-3 748

Estimated living cost  is ₴9836 per week

₴7315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴545
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.
₴1806
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
-₴8094
-₴62979
-₴62979
-₴62979
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
-
-
-
12 500
national
-
-
-
988
pensions
-
-
-
300
municipal
-
-
-
1 646
labour market
-
-
-
976
total
-
-
-
3 910
Employee
70 420
70 420
70 420
-
municipal
14 995
14 995
14 995
-
national
8 603
8 603
8 603
-
pensions
100
100
100
-
labour market
5 626
5 626
5 626
-
total
29 324
29 324
29 324
-
Employer
70 420
70 420
70 420
-
pensions
200
200
200
-
labour market
5 634
5 634
5 634
-
municipal
15 019
15 019
15 019
-
national
8 618
8 618
8 618
-
total
29 471
29 471
29 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
58 795
58 795
58 795
3 910
After tax
-46 295
-46 295
-46 295
8 590
Living cost
16 684
16 684
16 684
16 684
Free-cash
-62 979
-62 979
-62 979
-8 094

Estimated living cost  is ₴16684 per week

₴11419
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.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3533
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
-₴857
-₴613
-₴353
₴1656
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
-
-
-
12 500
health
-
-
-
1 625
pensions
-
-
-
2 500
income
-
-
-
888
total
-
-
-
5 013
Employee
9 800
-
9 342
-
unemployment
157
-
149
-
income
1 103
-
1 015
-
pensions
196
-
187
-
total
1 456
-
1 351
-
Employer
9 800
-
9 342
-
pensions
1 960
-
1 868
-
health
1 274
-
1 215
-
unemployment
79
-
75
-
total
3 313
-
3 158
-
Corporate
-
12 500
-
-
income
-
2 500
-
-
total
-
2 500
-
-
Dividends
-
10 000
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
4 769
2 500
4 509
5 013
After tax
7 731
10 000
7 991
7 487
Living cost
8 344
8 344
8 344
8 344
Free-cash
-613
1 656
-353
-857

Estimated living cost  is ₴8344 per week

₴5723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴497
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.
₴1956
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
-₴3107
-₴9104
-₴5364
-₴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

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

-
-
-
12 500
national
-
-
-
55
health
-
-
-
49
municipal
-
-
-
2 241
total
-
-
-
2 345
Employee
18 174
-
10 516
-
unemployment
273
-
158
-
municipal
2 977
-
1 733
-
national
300
-
-
-
pensions
1 227
-
710
-
health
136
-
18
-
total
4 913
-
2 619
-
Employer
18 174
-
10 516
-
pensions
3 153
-
1 824
-
health
140
-
81
-
accident
18
-
10
-
unemployment
118
-
68
-
total
3 429
-
1 983
-
Corporate
-
12 500
-
-
income
-
2 500
-
-
total
-
2 500
-
-
Dividends

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

-
7 500
-
-
municipal
-
1 350
-
-
national
-
-
-
-
total
-
1 350
-
-
Income
12 500
12 500
12 500
12 500
Total tax
8 342
3 850
4 602
2 345
After tax
4 158
8 650
7 898
10 155
Living cost
13 262
13 262
13 262
13 262
Free-cash
-9 104
-4 612
-5 364
-3 107

Estimated living cost  is ₴13262 per week

₴8663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1276
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.
₴3113
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
-₴2993
-₴4819
-₴2708
-₴4348
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
-
-
-
12 500
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
3 799
social contributions
-
-
-
357
income
-
-
-
193
other
-
-
-
387
total
-
-
-
4 845
Employee
13 197
-
9 525
-
income
680
-
237
-
surtax
-
-
-
-
social contributions
376
-
271
-
pensions
1 493
-
1 078
-
total
2 549
-
1 586
-
Employer
13 197
-
9 525
-
pensions
2 169
-
1 565
-
social contributions
39
-
29
-
other
456
-
328
-
health
924
-
667
-
unemployment
534
-
385
-
total
4 122
-
2 974
-
Corporate
-
12 500
-
-
income
-
3 500
-
-
surtax
-
-
-
-
total
-
3 500
-
-
Dividends
-
9 000
-
-
withholding
-
1 152
-
-
social contributions
-
1 548
-
-
surtax
-
-
-
-
total
-
2 700
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 671
6 200
4 560
4 845
After tax
5 829
6 300
7 940
7 655
Living cost
10 648
10 648
10 648
10 648
Free-cash
-4 819
-4 348
-2 708
-2 993

Estimated living cost  is ₴10648 per week

₴6175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1082
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.
₴3189
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
-₴4164
-₴6904
-₴3879
-₴5519
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
-
-
-
12 500
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
3 799
social contributions
-
-
-
357
income
-
-
-
193
other
-
-
-
387
total
-
-
-
4 845
Employee
14 784
-
9 525
-
income
873
-
237
-
surtax
-
-
-
-
social contributions
422
-
271
-
pensions
1 672
-
1 078
-
total
2 967
-
1 586
-
Employer
14 784
-
9 525
-
pensions
2 429
-
1 565
-
social contributions
45
-
29
-
other
510
-
328
-
health
1 035
-
667
-
unemployment
599
-
385
-
total
4 618
-
2 974
-
Corporate
-
12 500
-
-
income
-
3 500
-
-
surtax
-
-
-
-
total
-
3 500
-
-
Dividends
-
9 000
-
-
withholding
-
1 152
-
-
social contributions
-
1 548
-
-
surtax
-
-
-
-
total
-
2 700
-
-
Income
12 500
12 500
12 500
12 500
Total tax
7 585
6 200
4 560
4 845
After tax
4 915
6 300
7 940
7 655
Living cost
11 819
11 819
11 819
11 819
Free-cash
-6 904
-5 519
-3 879
-4 164

Estimated living cost  is ₴11819 per week

₴7452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴961
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.
₴3205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
-₴9029
-₴15892
-₴8744
-₴10384
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
-
-
-
12 500
surtax
-
-
-
-
health
-
-
-
109
pensions
-
-
-
3 799
social contributions
-
-
-
357
income
-
-
-
193
other
-
-
-
387
total
-
-
-
4 845
Employee
21 636
-
9 525
-
income
1 888
-
237
-
surtax
-
-
-
-
social contributions
616
-
271
-
pensions
2 447
-
1 078
-
total
4 951
-
1 586
-
Employer
21 636
-
9 525
-
pensions
3 555
-
1 565
-
social contributions
65
-
29
-
other
747
-
328
-
health
1 514
-
667
-
unemployment
876
-
385
-
total
6 757
-
2 974
-
Corporate
-
12 500
-
-
income
-
3 500
-
-
surtax
-
-
-
-
total
-
3 500
-
-
Dividends
-
9 000
-
-
withholding
-
1 152
-
-
social contributions
-
1 548
-
-
surtax
-
-
-
-
total
-
2 700
-
-
Income
12 500
12 500
12 500
12 500
Total tax
11 708
6 200
4 560
4 845
After tax
792
6 300
7 940
7 655
Living cost
16 684
16 684
16 684
16 684
Free-cash
-15 892
-10 384
-8 744
-9 029

Estimated living cost  is ₴16684 per week

₴11292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3799
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
₴10142
₴9224
₴7767
₴9642
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%.

-
-
-
12 500
microenterprise

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

-
-
-
125
total
-
-
-
125
Employee
2 791
-
12 500
-
income
558
-
2 500
-
total
558
-
2 500
-
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%.

9 709
12 500
-
-
total
-
-
-
-
Dividends
9 709
12 500
-
-
withholding
485
625
-
-
total
485
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
1 043
625
2 500
125
After tax
11 457
11 875
10 000
12 375
Living cost
2 233
2 233
2 233
2 233
Free-cash
9 224
9 642
7 767
10 142

Estimated living cost  is ₴2233 per week

₴1384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
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
₴8896
₴7744
₴6521
₴8396
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%.

-
-
-
12 500
microenterprise

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

-
-
-
125
total
-
-
-
125
Employee
4 349
-
12 500
-
income
870
-
2 500
-
total
870
-
2 500
-
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%.

8 151
12 500
-
-
total
-
-
-
-
Dividends
8 151
12 500
-
-
withholding
407
625
-
-
total
407
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
1 277
625
2 500
125
After tax
11 223
11 875
10 000
12 375
Living cost
3 479
3 479
3 479
3 479
Free-cash
7 744
8 396
6 521
8 896

Estimated living cost  is ₴3479 per week

₴2355
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
-₴3400
-₴4688
-₴3400
-₴6825
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.

-
-
-
12 500
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.

-
-
-
10
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.

-
-
-
2 360
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.

-
-
-
193
trade
-
-
-
-
total
-
-
-
2 563
Employee

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

17 188
-
12 500
-
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.

1 413
-
193
-
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
-
10
-
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.

2 360
-
2 360
-
total
3 851
-
2 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
trade
-
1 794
-
-
income
-
1 875
-
-
chamber of commerce
-
71
-
-
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
-
3 843
-
-
Dividends
-
8 658
-
-
withholding
-
2 033
-
-
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.

-
112
-
-
total
-
2 145
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 851
5 988
2 563
2 563
After tax
8 649
6 512
9 937
9 937
Living cost
13 337
13 337
13 337
13 337
Free-cash
-4 688
-6 825
-3 400
-3 400

Estimated living cost  is ₴13337 per week

₴9200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1435
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.
₴2508
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
-₴526
-₴712
-₴526
-₴4079
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.

-
-
-
12 500
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.

-
-
-
10
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.

-
-
-
2 360
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.

-
-
-
193
trade
-
-
-
-
total
-
-
-
2 563
Employee

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

13 213
-
12 500
-
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
-
193
-
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
-
10
-
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.

2 360
-
2 360
-
total
2 749
-
2 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
trade
-
1 969
-
-
income
-
1 875
-
-
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.

-
103
-
-
total
-
4 017
-
-
Dividends
-
8 483
-
-
withholding
-
1 990
-
-
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.

-
109
-
-
total
-
2 099
-
-
Income
12 500
12 500
12 500
12 500
Total tax
2 749
6 116
2 563
2 563
After tax
9 751
6 384
9 937
9 937
Living cost
10 463
10 463
10 463
10 463
Free-cash
-712
-4 079
-526
-526

Estimated living cost  is ₴10463 per week

₴6582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1220
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.
₴2466
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
-₴3633
-₴5018
-₴3633
-₴7250
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.

-
-
-
12 500
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.

-
-
-
10
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.

-
-
-
2 360
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.

-
-
-
193
trade
-
-
-
-
total
-
-
-
2 563
Employee

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

17 518
-
12 500
-
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.

1 505
-
193
-
surtax

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

83
-
10
-
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.

2 360
-
2 360
-
total
3 948
-
2 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
trade
-
2 056
-
-
income
-
1 875
-
-
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.

-
103
-
-
total
-
4 104
-
-
Dividends
-
8 396
-
-
withholding
-
1 968
-
-
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.

-
108
-
-
total
-
2 076
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 948
6 180
2 563
2 563
After tax
8 552
6 320
9 937
9 937
Living cost
13 570
13 570
13 570
13 570
Free-cash
-5 018
-7 250
-3 633
-3 633

Estimated living cost  is ₴13570 per week

₴9076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
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.
₴2861
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
-₴5888
-₴8260
-₴5888
-₴9570
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.

-
-
-
12 500
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.

-
-
-
10
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.

-
-
-
2 360
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.

-
-
-
193
trade
-
-
-
-
total
-
-
-
2 563
Employee

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

20 760
-
12 500
-
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.

2 441
-
193
-
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
-
10
-
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.

2 360
-
2 360
-
total
4 935
-
2 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
trade
-
2 144
-
-
income
-
1 875
-
-
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.

-
103
-
-
total
-
4 192
-
-
Dividends
-
8 308
-
-
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
12 500
12 500
12 500
12 500
Total tax
4 935
6 245
2 563
2 563
After tax
7 565
6 255
9 937
9 937
Living cost
15 825
15 825
15 825
15 825
Free-cash
-8 260
-9 570
-5 888
-5 888

Estimated living cost  is ₴15825 per week

₴11558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1266
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.
₴2796
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
-₴559
-₴1582
-₴851
₴103
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
-
-
-
12 500
surtax
-
-
-
26
unemployment
-
-
-
79
health
-
-
-
888
pensions
-
-
-
2 500
income
-
-
-
1 807
other
-
-
-
-
total
-
-
-
5 300
Employee
11 633
-
10 327
-
unemployment
810
-
718
-
other
-
-
-
-
income
1 950
-
1 731
-
surtax
41
-
17
-
pensions
776
-
689
-
health
297
-
264
-
total
3 874
-
3 419
-
Employer
11 633
-
10 327
-
pensions
1 551
-
1 377
-
other
-
-
-
-
health
529
-
469
-
unemployment
369
-
327
-
total
2 449
-
2 173
-
Corporate
-
12 500
-
-
income
-
3 250
-
-
total
-
3 250
-
-
Dividends
-
9 250
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 323
4 638
5 592
5 300
After tax
6 177
7 862
6 908
7 200
Living cost
7 759
7 759
7 759
7 759
Free-cash
-1 582
103
-851
-559

Estimated living cost  is ₴7759 per week

₴4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
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.
₴2220
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
-₴423
-₴1329
-₴715
₴239
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
-
-
-
12 500
surtax
-
-
-
26
unemployment
-
-
-
79
health
-
-
-
888
pensions
-
-
-
2 500
income
-
-
-
1 807
other
-
-
-
-
total
-
-
-
5 300
Employee
11 424
-
10 327
-
unemployment
795
-
718
-
other
-
-
-
-
income
1 915
-
1 731
-
surtax
37
-
17
-
pensions
762
-
689
-
health
292
-
264
-
total
3 801
-
3 419
-
Employer
11 424
-
10 327
-
pensions
1 523
-
1 377
-
other
-
-
-
-
health
520
-
469
-
unemployment
362
-
327
-
total
2 405
-
2 173
-
Corporate
-
12 500
-
-
income
-
3 250
-
-
total
-
3 250
-
-
Dividends
-
9 250
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 206
4 638
5 592
5 300
After tax
6 294
7 862
6 908
7 200
Living cost
7 623
7 623
7 623
7 623
Free-cash
-1 329
239
-715
-423

Estimated living cost  is ₴7623 per week

₴4661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
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.
₴2083
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
₴1778
₴385
₴365
₴255
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
-
-
-
12 500
unemployment
-
-
-
188
health
-
-
-
875
pensions
-
-
-
1 250
income
-
-
-
1 528
total
-
-
-
3 841
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.

9 934
3 953
10 460
-
unemployment
149
59
157
-
income
1 214
483
1 279
-
pensions
993
395
1 046
-
health
695
277
732
-
total
3 051
1 214
3 214
-
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.

9 934
3 953
10 460
-
pensions
1 937
771
2 040
-
total
1 937
771
2 040
-
Corporate
629
7 776
-
-
income
57
700
-
-
total
57
700
-
-
Dividends
573
7 076
-
-
withholding
109
1 344
-
-
social contributions
80
1 335
-
-
total
189
2 679
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 234
5 364
5 254
3 841
After tax
7 266
7 136
7 246
8 659
Living cost
6 881
6 881
6 881
6 881
Free-cash
385
255
365
1 778

Estimated living cost  is ₴6881 per week

₴4696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
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.
₴1485
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
-₴8530
-₴15787
-₴8432
-₴8929
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
-
-
-
12 500
national
-
-
-
1 621
pensions
-
-
-
1 500
social contributions
-
-
-
134
municipal
-
-
-
1 046
total
-
-
-
4 301
Employee
25 933
-
10 806
-
municipal
3 203
-
1 095
-
national
4 964
-
1 696
-
pensions
1 037
-
432
-
total
9 204
-
3 223
-
Employer
25 933
-
10 806
-
pensions
2 075
-
864
-
social contributions
279
-
116
-
total
2 354
-
980
-
Corporate
-
12 500
-
-
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%.

-
2 500
-
-
total
-
2 500
-
-
Dividends
-
10 000
-
-
withholding
-
2 200
-
-
total
-
2 200
-
-
Income
12 500
12 500
12 500
12 500
Total tax
11 558
4 700
4 203
4 301
After tax
942
7 800
8 297
8 199
Living cost
16 729
16 729
16 729
16 729
Free-cash
-15 787
-8 929
-8 432
-8 530

Estimated living cost  is ₴16729 per week

₴11370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1555
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.
₴3553
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
-₴9065
-₴14522
-₴9065
-₴10929
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
-
-
-
12 500
social contributions
-
-
-
468
income
-
-
-
1 419
total
-
-
-
1 887
Employee
27 021
-
12 500
-
social contributions
2 245
-
468
-
income
5 099
-
1 419
-
total
7 344
-
1 887
-
Employer
27 021
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
income
-
1 563
-
-
total
-
1 563
-
-
Dividends
-
10 937
-
-
withholding
-
2 188
-
-
total
-
2 188
-
-
Income
12 500
12 500
12 500
12 500
Total tax
7 344
3 751
1 887
1 887
After tax
5 156
8 749
10 613
10 613
Living cost
19 678
19 678
19 678
19 678
Free-cash
-14 522
-10 929
-9 065
-9 065

Estimated living cost  is ₴19678 per week

₴14971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1603
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.
₴2916
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
-₴7615
-₴18201
-₴8365
-₴7908
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
-
-
-
12 500
national
-
-
-
2 136
regional
-
-
-
114
social contributions
-
-
-
3 215
municipal
-
-
-
74
total
-
-
-
5 539
Employee
30 701
-
12 500
-
municipal
163
-
66
-
national
5 320
-
1 906
-
social contributions
10 352
-
4 215
-
regional
290
-
102
-
total
16 125
-
6 289
-
Employer
30 701
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
nationa
-
3 000
-
-
municipal
-
488
-
-
total
-
3 488
-
-
Dividends
-
9 013
-
-
withholding
-
2 344
-
-
total
-
2 344
-
-
Income
12 500
12 500
12 500
12 500
Total tax
16 125
5 832
6 289
5 539
After tax
-3 625
6 668
6 211
6 961
Living cost
14 576
14 576
14 576
14 576
Free-cash
-18 201
-7 908
-8 365
-7 615

Estimated living cost  is ₴14576 per week

₴10161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
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.
₴3236
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
-₴2419
-₴6663
-₴3160
-₴2734
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
-
-
-
12 500
national
-
-
-
2 136
regional
-
-
-
189
social contributions
-
-
-
3 215
municipal
-
-
-
74
total
-
-
-
5 614
Employee
19 162
-
12 500
-
municipal
102
-
66
-
national
3 036
-
1 906
-
social contributions
6 462
-
4 215
-
regional
258
-
168
-
total
9 858
-
6 355
-
Employer
19 162
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
nationa
-
3 000
-
-
municipal
-
621
-
-
total
-
3 621
-
-
Dividends