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

Valencia , Spain
-₴2337
-₴1460
-₴1360
₴96
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
-
-
-
88
income
-
-
-
1 741
other
-
-
-
13
accident
-
-
-
113
pensions
-
-
-
3 538
total
-
-
-
5 493
Employee
11 251
-
9 261
-
unemployment
174
-
158
-
pensions
529
-
478
-
income
2 169
-
1 708
-
other
11
-
10
-
total
2 883
-
2 354
-
Employer
11 251
-
9 261
-
pensions
2 655
-
2 398
-
accident
223
-
201
-
unemployment
619
-
559
-
other
90
-
81
-
total
3 587
-
3 239
-
Corporate
-
12 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
1 875
-
-
total
-
1 875
-
-
Dividends
-
10 625
-
-
withholding
-
2 162
-
-
total
-
2 162
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 470
4 037
5 593
5 493
After tax
6 030
8 463
6 907
7 007
Living cost
8 367
8 367
8 367
8 367
Free-cash
-2 337
96
-1 460
-1 360

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1769
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
Bratislava , Slovakia
-₴1332
-₴782
-₴1340
₴1076
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
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
3 000
income
-
-
-
1 588
other
-
-
-
594
health
-
-
-
550
total
-
-
-
5 732
Employee
11 048
-
9 984
-
health
155
-
140
-
unemployment
110
-
100
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

773
-
699
-
income
1 902
-
1 718
-
total
2 940
-
2 657
-
Employer
11 048
-
9 984
-
health
155
-
140
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 878
-
1 698
-
accident
88
-
80
-
unemployment
110
-
100
-
other
553
-
499
-
total
2 784
-
2 517
-
Corporate
-
12 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
9 875
-
-
withholding
-
691
-
-
total
-
691
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 724
3 316
5 174
5 732
After tax
6 776
9 184
7 326
6 768
Living cost
8 108
8 108
8 108
8 108
Free-cash
-1 332
1 076
-782
-1 340

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
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.
₴1701
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
₴5287
₴3905
₴3802
₴6701
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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
1 875
health
-
-
-
1 222
total
-
-
-
4 711
Employee
5 280
-
10 450
-
health
243
-
481
-
accident

We are using the highest rate at 1.1%.

58
-
115
-
pensions

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

464
-
917
-
income
528
-
1 045
-
total
1 293
-
2 558
-
Employer
5 280
-
10 450
-
health
364
-
721
-
pensions

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

582
-
1 151
-
accident

We are using the highest rate at 1.1%.

58
-
115
-
unemployment
32
-
63
-
total
1 036
-
2 050
-
Corporate
6 184
12 500
-
-
income
619
1 250
-
-
total
619
1 250
-
-
Dividends
5 565
11 250
-
-
withholding
278
562
-
-
total
278
562
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 226
1 812
4 608
4 711
After tax
9 274
10 688
7 892
7 789
Living cost
3 987
3 987
3 987
3 987
Free-cash
5 287
6 701
3 905
3 802

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1269
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
-₴4588
-₴2579
-₴2807
-₴4110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
12 500
income
-
-
-
311
other
-
-
-
387
health
-
-
-
109
social contributions
-
-
-
356
pensions
-
-
-
3 734
surtax
-
-
-
-
total
-
-
-
4 897
Employee
13 022
-
9 525
-
pensions
1 472
-
1 077
-
income
769
-
346
-
social contributions
371
-
271
-
surtax
-
-
-
-
total
2 612
-
1 694
-
Employer
13 022
-
9 525
-
health
912
-
667
-
social contributions
39
-
28
-
pensions
2 139
-
1 565
-
unemployment
527
-
386
-
other
449
-
329
-
total
4 066
-
2 975
-
Corporate
-
12 500
-
-
income
-
3 500
-
-
surtax
-
-
-
-
total
-
3 500
-
-
Dividends
-
9 000
-
-
social contributions
-
1 548
-
-
surtax
-
-
-
-
withholding
-
1 152
-
-
total
-
2 700
-
-
Income
12 500
12 500
12 500
12 500
Total tax
6 678
6 200
4 669
4 897
After tax
5 822
6 300
7 831
7 603
Living cost
10 410
10 410
10 410
10 410
Free-cash
-4 588
-4 110
-2 579
-2 807

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
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.
₴2823
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
Rotterdam , Netherlands
-₴17713
-₴17713
-₴5551
-₴16005
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
pensions
-
-
-
2 250
income
-
-
-
1 136
health
-
-
-
1 919
total
-
-
-
5 305
Employee
25 983
25 983
25 983
-
health
3 988
3 392
3 988
-
pensions
4 677
3 565
4 677
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
12 918
-
Employer
25 983
25 983
25 983
-
health
1 806
1 806
1 806
-
pensions
1 808
1 808
1 808
-
unemployment
935
935
935
-
total
4 549
4 549
4 549
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
17 467
15 759
17 467
5 305
After tax
-4 967
-3 259
-4 967
7 195
Living cost
12 746
12 746
12 746
12 746
Free-cash
-17 713
-16 005
-17 713
-5 551

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
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.
₴2362
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
Dresden , Germany
₴522
₴632
₴632
-₴2843
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
trade
-
-
-
-
income

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

-
-
-
543
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.

-
-
-
2 079
surtax

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

-
-
-
30
total
-
-
-
2 652
Employee

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

11 638
-
12 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 079
-
2 079
-
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.

325
-
543
-
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.

18
-
30
-
total
2 422
-
2 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
862
12 500
-
-
income
129
1 875
-
-
trade
136
1 969
-
-
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.

7
103
-
-
chamber of commerce
47
64
-
-
total
319
4 011
-
-
Dividends
543
8 489
-
-
surtax

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

1
110
-
-
withholding
20
2 006
-
-
total
21
2 116
-
-
Income
12 500
12 500
12 500
12 500
Total tax
2 762
6 127
2 652
2 652
After tax
9 738
6 373
9 848
9 848
Living cost
9 216
9 216
9 216
9 216
Free-cash
522
-2 843
632
632

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
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.
₴2172
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.

Larnaca , Cyprus
₴551
₴641
₴3186
-₴1426
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
income
-
-
-
-
health
-
-
-
319
social contributions
-
-
-
1 950
total
-
-
-
2 269
Employee
23 397
23 397
23 397
-
health
181
398
193
-
income
2 548
2 166
2 527
-
social contributions
885
1 942
942
-
total
3 614
4 506
3 662
-
Employer
23 397
23 397
23 397
-
health
197
433
210
-
social contributions
885
1 942
942
-
total
1 082
2 375
1 152
-
Corporate
760
-
-
-
income
95
-
-
-
total
95
-
-
-
Dividends
665
-
-
-
withholding
113
-
-
-
total
113
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
4 904
6 881
4 814
2 269
After tax
7 596
5 619
7 686
10 231
Living cost
7 045
7 045
7 045
7 045
Free-cash
551
-1 426
641
3 186

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1976
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
Lisbon , Portugal
-₴4818
-₴2428
-₴2197
-₴2434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
12 500
income
-
-
-
809
social contributions

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

-
-
-
4 344
surtax
-
-
-
-
total
-
-
-
5 153
Employee
13 994
-
10 101
-
income
2 911
-
1 874
-
social contributions
1 539
-
1 111
-
surtax
-
-
-
-
total
4 450
-
2 985
-
Employer
13 994
-
10 101
-
social contributions
3 324
-
2 399
-
total
3 324
-
2 399
-
Corporate
-
12 500
-
-
income
-
2 625
-
-
surtax
-
-
-
-
total
-
2 625
-
-
Dividends
-
9 875
-
-
withholding
-
2 765
-
-
total
-
2 765
-
-
Income
12 500
12 500
12 500
12 500
Total tax
7 774
5 390
5 384
5 153
After tax
4 726
7 110
7 116
7 347
Living cost
9 544
9 544
9 544
9 544
Free-cash
-4 818
-2 434
-2 428
-2 197

Estimated living cost  is ₴9544 per week

₴7141
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.
₴159
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.
₴1681
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
₴9075
₴7642
₴10017
₴9517
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
2 948
-
12 500
-
income
589
-
2 500
-
total
589
-
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%.

9 552
12 500
-
-
total
-
-
-
-
Dividends
9 552
12 500
-
-
withholding
478
625
-
-
total
478
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
1 067
625
2 500
125
After tax
11 433
11 875
10 000
12 375
Living cost
2 358
2 358
2 358
2 358
Free-cash
9 075
9 517
7 642
10 017

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴636
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.

Ljubljana , Slovenia
-₴3050
-₴1500
-₴1104
₴445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
12 500
pensions
-
-
-
2 283
unemployment
-
-
-
18
income
-
-
-
1 912
health
-
-
-
1 230
total
-
-
-
5 443
Employee

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

13 455
-
10 816
-
health
869
-
699
-
unemployment
19
-
15
-
pensions
2 086
-
1 676
-
income
2 320
-
1 765
-
total
5 294
-
4 155
-
Employer

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

13 455
-
10 816
-
health
896
-
721
-
pensions
1 191
-
957
-
unemployment
8
-
6
-
total
2 095
-
1 684
-
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
7 389
3 894
5 839
5 443
After tax
5 111
8 606
6 661
7 057
Living cost
8 161
8 161
8 161
8 161
Free-cash
-3 050
445
-1 500
-1 104

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
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
Sliema , Malta
-₴3764
-₴1753
-₴9130
-₴4139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
12 500
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
11 361
-
social contributions
1 398
-
1 139
-
income
1 515
-
930
-
total
2 913
-
2 069
-
Employer
13 958
-
11 361
-
social contributions
1 398
-
1 139
-
total
1 398
-
1 139
-
Corporate
-
12 500
-
-
income
-
4 375
-
-
total
-
4 375
-
-
Dividends
-
8 125
-
-
social contributions
908
1 219
-
-
total
908
1 219
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 219
5 594
3 208
10 585
After tax
7 281
6 906
9 292
1 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
-3 764
-4 139
-1 753
-9 130

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
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
Vilnius , Lithuania
₴964
₴1228
₴1576
₴1174
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
income
-
-
-
1 875
health
-
-
-
872
social contributions
-
-
-
1 725
total
-
-
-
4 472
Employee
10 317
-
12 500
-
health
720
-
872
-
income
1 721
-
2 223
-
social contributions
1 424
-
1 725
-
total
3 865
-
4 820
-
Employer
10 317
-
12 500
-
total
-
-
-
-
Corporate
2 183
12 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

109
625
-
-
total
109
625
-
-
Dividends
2 074
11 875
-
-
social contributions
531
1 639
-
-
withholding
311
1 781
-
-
health
268
829
-
-
total
1 110
4 249
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 084
4 874
4 820
4 472
After tax
7 416
7 626
7 680
8 028
Living cost
6 452
6 452
6 452
6 452
Free-cash
964
1 174
1 228
1 576

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
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.
₴1587
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
-₴4283
-₴2173
-₴2428
₴89
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
income
-
-
-
1 074
health
-
-
-
1 687
social contributions
-
-
-
3 650
solidarity contribution
-
-
-
-
total
-
-
-
6 411
Employee
12 525
-
9 328
-
health
1 691
-
1 259
-
solidarity contribution
-
-
-
-
income
1 503
-
1 119
-
social contributions
814
-
606
-
total
4 008
-
2 984
-
Employer
12 525
-
9 328
-
health
1 127
-
840
-
social contributions
3 131
-
2 332
-
total
4 258
-
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
8 266
3 894
6 156
6 411
After tax
4 234
8 606
6 344
6 089
Living cost
8 517
8 517
8 517
8 517
Free-cash
-4 283
89
-2 173
-2 428

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1564
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
Tbilisi , Georgia
₴7511
₴6325
₴8700
₴8200
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
4 594
-
12 500
-
income
919
-
2 500
-
total
919
-
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%.

7 906
12 500
-
-
total
-
-
-
-
Dividends
7 906
12 500
-
-
withholding
395
625
-
-
total
395
625
-
-
Income
12 500
12 500
12 500
12 500
Total tax
1 314
625
2 500
125
After tax
11 186
11 875
10 000
12 375
Living cost
3 675
3 675
3 675
3 675
Free-cash
7 511
8 200
6 325
8 700

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴910
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.

Paris , France
-₴12509
-₴6865
-₴7093
-₴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
-
-
-
12 500
income
-
-
-
311
other
-
-
-
387
health
-
-
-
109
social contributions
-
-
-
356
pensions
-
-
-
3 734
surtax
-
-
-
-
total
-
-
-
4 897
Employee
19 057
-
9 525
-
pensions
2 155
-
1 077
-
income
1 663
-
346
-
social contributions
543
-
271
-
surtax
-
-
-
-
total
4 361
-
1 694
-
Employer
19 057
-
9 525
-
health
1 334
-
667
-
social contributions
57
-
28
-
pensions
3 131
-
1 565
-
unemployment
772
-
386
-
other
658
-
329
-
total
5 952
-
2 975
-
Corporate
-
12 500
-
-
income
-
3 500
-
-
surtax
-
-
-
-
total
-
3 500
-
-
Dividends
-
9 000
-
-
social contributions
-
1 548
-
-
surtax
-
-
-
-
withholding
-
1 152
-
-
total
-
2 700
-
-
Income
12 500
12 500
12 500
12 500
Total tax
10 313
6 200
4 669
4 897
After tax
2 187
6 300
7 831
7 603
Living cost
14 696
14 696
14 696
14 696
Free-cash
-12 509
-8 396
-6 865
-7 093

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴2294
₴1617
₴1080
₴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

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

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

-
-
-
12 500
pensions
-
-
-
3 250
unemployment
-
-
-
187
income
-
-
-
1 450
health
-
-
-
1 287
total
-
-
-
6 174
Employee

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

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

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

7 911
-
10 602
-
health
407
-
546
-
unemployment
59
-
80
-
pensions
1 108
-
1 484
-
income
1 090
-
1 629
-
total
2 664
-
3 739
-
Employer

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

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

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

7 911
-
10 602
-
health
407
-
546
-
pensions
949
-
1 272
-
unemployment
59
-
80
-
total
1 415
-
1 898
-
Corporate
3 173
12 500
-
-
income
476
1 875
-
-
total
476
1 875
-
-
Dividends
2 697
10 625
-
-
withholding
405
1 594
-
-
total
405
1 594
-
-
Income
12 500
12 500
12 500
12 500
Total tax
4 960
3 469
5 637
6 174
After tax
7 540
9 031
6 863
6 326
Living cost
5 246
5 246
5 246
5 246
Free-cash
2 294
3 785
1 617
1 080

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1156
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
Zurich , Switzerland
-₴14019
-₴10788
-₴10037
-₴14974
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
pensions
-
-
-
1 150
city
-
-
-
131
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
250
health
-
-
-
67
regional
-
-
-
224
national
-
-
-
26
total
-
-
-
1 848
Employee
24 212
-
11 126
-
health
55
-
25
-
unemployment
-
-
-
-
city
260
-
118
-
pensions
2 034
-
1 004
-
regional
793
-
182
-
national
115
-
18
-
total
3 257
-
1 347
-
Employer
24 212
-
11 126
-
health
55
-
25
-
pensions
2 034
-
1 004
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

484
-
223
-
total
2 573
-
1 252
-
Corporate
-
12 500
-
-
regional
-
2 644
-
-
national
-
1 063
-
-
total
-
3 707
-
-
Dividends
-
8 794
-
-
withholding
-
3 078
-
-
total
-
3 078
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 830
6 785
2 599
1 848
After tax
6 670
5 715
9 901
10 652
Living cost
20 689
20 689
20 689
20 689
Free-cash
-14 019
-14 974
-10 788
-10 037

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
-₴6528
-₴3799
-₴1621
-₴3032
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
municipal
-
-
-
2 238
health
-
-
-
65
national
-
-
-
136
total
-
-
-
2 439
Employee
16 008
-
10 516
-
health
120
-
35
-
unemployment
240
-
158
-
pensions
1 080
-
710
-
national
264
-
-
-
municipal
2 622
-
1 730
-
total
4 326
-
2 633
-
Employer
16 008
-
10 516
-
health
123
-
81
-
pensions
2 777
-
1 825
-
accident
16
-
10
-
unemployment
104
-
68
-
total
3 020
-
1 984
-
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
7 346
3 850
4 617
2 439
After tax
5 154
8 650
7 883
10 061
Living cost
11 682
11 682
11 682
11 682
Free-cash
-6 528
-3 032
-3 799
-1 621

Estimated living cost  is ₴11682 per week

₴7630
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.
₴186
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.
₴2742
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.

Brussels , Belgium
-₴15600
-₴5401
-₴3727
-₴4018
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
communal

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

-
-
-
691
social contributions
-
-
-
982
national
-
-
-
3 460
total
-
-
-
5 133
Employee

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

21 765
-
9 681
-
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.

1 023
-
455
-
communal

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

1 135
-
505
-
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.

189
-
84
-
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.

1 632
-
726
-
national
6 691
-
2 219
-
total
10 670
-
3 989
-
Employer

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

21 765
-
9 681
-
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.

1 338
-
595
-
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.

1 929
-
858
-
surtax
2 468
-
1 098
-
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.

283
-
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.

318
-
141
-
total
6 336
-
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.

-
2 874
-
-
total
-
2 874
-
-
Income
12 500
12 500
12 500
12 500
Total tax
17 006
5 424
6 807
5 133
After tax
-4 506
7 076
5 693
7 367
Living cost
11 094
11 094
11 094
11 094
Free-cash
-15 600
-4 018
-5 401
-3 727

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴2804
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
Stockholm , Sweden
-₴12228
-₴6529
-₴6974
-₴6380
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
-
-
-
12
municipal
-
-
-
2 648
other
-
-
-
1 453
health
-
-
-
780
national
-
-
-
-
accident
-
-
-
25
pensions
-
-
-
1 351
total
-
-
-
6 269
Employee
18 816
-
9 511
-
national
-
-
-
-
municipal
5 611
-
2 836
-
total
5 611
-
2 836
-
Employer
18 816
-
9 511
-
health
1 157
-
585
-
pensions
2 034
-
1 028
-
accident
38
-
19
-
unemployment
497
-
251
-
other
2 186
-
1 105
-
total
5 912
-
2 988
-
Corporate
-
12 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
9 750
-
-
withholding
-
2 925
-
-
total
-
2 925
-
-
Income
12 500
12 500
12 500
12 500
Total tax
11 523
5 675
5 824
6 269
After tax
977
6 825
6 676
6 231
Living cost
13 205
13 205
13 205
13 205
Free-cash
-12 228
-6 380
-6 529
-6 974

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
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.
₴2957
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
Oslo , Norway
-₴38317
-₴6822
-₴6068
-₴7101
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
income
-
-
-
2 437
social contributions
-
-
-
1 425
total
-
-
-
3 862
Employee
21 086
-
849
-
income
4 651
-
133
-
social contributions
1 729
-
246
-
total
6 380
-
379
-
Employer
21 086
-
849
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
-
12 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
9 750
-
-
income
-
2 145
-
-
total
-
2 145
-
-
Income
12 500
12 500
12 500
12 500
Total tax
36 111
4 895
4 616
3 862
After tax
-23 611
7 605
7 884
8 638
Living cost
14 706
14 706
14 706
14 706
Free-cash
-38 317
-7 101
-6 822
-6 068

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3594
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
-₴2586
-₴2183
₴362
-₴4250
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
income
-
-
-
-
health
-
-
-
319
social contributions
-
-
-
1 950
total
-
-
-
2 269
Employee
23 397
23 397
23 397
-
health
233
398
193
-
income
2 457
2 166
2 527
-
social contributions
1 137
1 942
942
-
total
3 827
4 506
3 662
-
Employer
23 397
23 397
23 397
-
health
253
433
210
-
social contributions
1 137
1 942
942
-
total
1 390
2 375
1 152
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 217
6 881
4 814
2 269
After tax
7 283
5 619
7 686
10 231
Living cost
9 869
9 869
9 869
9 869
Free-cash
-2 586
-4 250
-2 183
362

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
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.
₴2186
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
Edinburgh , United Kingdom
-₴4295
-₴2552
-₴1431
-₴1558
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
income
-
-
-
2 373
pensions
-
-
-
634
total
-
-
-
3 007
Employee
14 994
-
11 283
-
health
196
-
119
-
pensions
1 144
-
699
-
income
2 731
-
2 093
-
total
4 071
-
2 911
-
Employer
14 994
-
11 283
-
health
285
-
214
-
pensions
1 515
-
1 003
-
total
1 800
-
1 217
-
Corporate
-
12 500
-
-
income

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

-
2 375
-
-
total
-
2 375
-
-
Dividends
-
10 125
-
-
withholding
-
759
-
-
total
-
759
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 871
3 134
4 128
3 007
After tax
6 629
9 366
8 372
9 493
Living cost
10 924
10 924
10 924
10 924
Free-cash
-4 295
-1 558
-2 552
-1 431

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
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.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
-₴13140
-₴5958
-₴5248
-₴5536
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
municipal
-
-
-
84
regional
-
-
-
167
social contributions
-
-
-
3 215
national
-
-
-
2 161
total
-
-
-
5 627
Employee
25 640
-
12 500
-
social contributions
8 646
-
4 215
-
regional
387
-
143
-
national
4 333
-
1 905
-
municipal
153
-
74
-
total
13 519
-
6 337
-
Employer
25 640
-
12 500
-
total
-
-
-
-
Corporate
-
12 500
-
-
nationa
-
3 000
-
-
municipal
-
602
-
-
total
-
3 602
-
-
Dividends
-
8 898
-
-
withholding
-
2 313
-
-
total
-
2 313
-
-
Income
12 500
12 500
12 500
12 500
Total tax
13 519
5 915
6 337
5 627
After tax
-1 019
6 585
6 163
6 873
Living cost
12 121
12 121
12 121
12 121
Free-cash
-13 140
-5 536
-5 958
-5 248

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2590
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
Gdansk , Poland
₴16
₴104
₴2091
-₴5486
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
pensions
-
-
-
1 229
income
-
-
-
1 854
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
3 911
Employee
10 222
-
10 384
-
health
1 170
-
1 189
-
pensions
1 151
-
1 169
-
income
1 402
-
1 425
-
total
3 723
-
3 783
-
Employer
10 222
-
10 384
-
pensions
1 662
-
1 688
-
accident
171
-
173
-
unemployment
250
-
254
-
total
2 083
-
2 115
-
Corporate
195
12 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

176
11 250
-
-
total
176
11 250
-
-
Dividends
20
1 250
-
-
withholding
4
238
-
-
total
4
238
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 986
11 488
5 898
3 911
After tax
6 514
1 012
6 602
8 589
Living cost
6 498
6 498
6 498
6 498
Free-cash
16
-5 486
104
2 091

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
-₴2640
-₴1899
-₴1899
-₴5247
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
trade
-
-
-
-
income

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

-
-
-
543
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.

-
-
-
2 079
surtax

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

-
-
-
30
total
-
-
-
2 652
Employee

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

15 139
-
12 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 079
-
2 079
-
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.

1 245
-
543
-
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.

69
-
30
-
total
3 393
-
2 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
12 500
-
-
income
-
1 875
-
-
trade
-
1 794
-
-
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
-
-
chamber of commerce
-
65
-
-
total
-
3 837
-
-
Dividends
-
8 663
-
-
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.

-
113
-
-
withholding
-
2 050
-
-
total
-
2 163
-
-
Income
12 500
12 500
12 500
12 500
Total tax
3 393
6 000
2 652
2 652
After tax
9 107
6 500
9 848
9 848
Living cost
11 747
11 747
11 747
11 747
Free-cash
-2 640
-5 247
-1 899
-1 899

Estimated living cost  is ₴11747 per week

₴8103
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.
₴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.
₴2209
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.

Riga , Latvia
₴1174
₴842
₴3337
₴3670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
12 500
income
-
-
-
-
microenterprise
-
-
-
1 875
social contributions

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

-
-
-
958
surtax
-
-
-
-
total
-
-
-
2 833
Employee
8 891
-
10 073
-
income
1 583
-
1 793
-
social contributions

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

978
-
1 108
-
surtax
-
-
-
-
total
2 561
-
2 901
-
Employer
8 891
-
10 073
-
social contributions

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

2 142
-
2 427
-
surtax
-
-
-
-
total
2 142
-
2 427
-
Corporate
1 467
12 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

293
2 500
-
-
total
293
2 500
-
-
Dividends

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

1 174
10 000
-
-
total
-
-
-
-
Income
12 500
12 500
12 500
12 500
Total tax
4 996
2 500
5 328
2 833
After tax
7 504
10 000
7 172
9 667
Living cost
6 330
6 330
6 330
6 330
Free-cash
1 174
3 670
842
3 337

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
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.
₴1545
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
Istanbul , Turkey
₴3395
₴2729
₴2402
₴4017
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
income
-
-
-
2 003
health
-
-
-
1 812
pensions
-
-
-
2 500
total
-
-
-
6 315
Employee
5 761
-
10 204
-
health
288
-
510
-
unemployment
58
-
102
-
pensions
519
-
918
-
income
1 115
-
2 163
-
total
1 980
-
3 693
-
Employer
5 761
-
10 204
-
health
547
-
969
-
pensions
634
-
1 122
-
unemployment
115
-
204
-
total
1 296
-
2 295
-
Corporate
5 442
12 500
-
-
income
1 197
2 750
-
-
total
1 197
2 750
-
-
Dividends
4 245
9 750
-
-
withholding
849
1 950
-
-
total
849
1 950
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 322
4 700
5 988
6 315
After tax
7 178
7 800
6 512
6 185
Living cost
3 783
3 783
3 783
3 783
Free-cash
3 395
4 017
2 729
2 402

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
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
Athens , Greece
₴60
₴52
₴355
₴1028
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
pensions
-
-
-
2 500
unemployment
-
-
-
69
income
-
-
-
1 808
other
-
-
-
-
health
-
-
-
887
surtax
-
-
-
47
total
-
-
-
5 311
Employee
10 247
-
10 326
-
health
262
-
263
-
unemployment
713
-
719
-
pensions
684
-
689
-
income
1 718
-
1 731
-
other
-
-
-
-
surtax
36
-
38
-
total
3 413
-
3 440
-
Employer
10 247
-
10 326
-
health
466
-
470
-
pensions
1 366
-
1 377
-
unemployment
325
-
327
-
other
-
-
-
-
total
2 157
-
2 174
-
Corporate
96
12 500
-
-
income
25
3 250
-
-
total
25
3 250
-
-
Dividends
71
9 250
-
-
withholding
11
1 388
-
-
total
11
1 388
-
-
Income
12 500
12 500
12 500
12 500
Total tax
5 606
4 638
5 614
5 311
After tax
6 894
7 862
6 886
7 189
Living cost
6 834
6 834
6 834
6 834
Free-cash
60
1 028
52
355

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
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
Graz , Austria
-₴4917
-₴4990
-₴2645
-₴4076
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
pensions
-
-
-
2 313
chamber of commerce
-
-
-
50
unemployment
-
-
-
1 866
income
-
-
-
253
health
-
-
-
956