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
₴ 15500
per

Your estimated
City
free-cash

Valencia , Spain
₴457
₴357
₴236
₴2110
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
-
-
-
15 500
unemployment
-
-
-
109
income
-
-
-
2 245
other
-
-
-
16
accident
-
-
-
140
pensions
-
-
-
4 387
total
-
-
-
6 897
Employee
11 251
-
11 753
-
unemployment
174
-
182
-
pensions
529
-
553
-
income
2 169
-
2 282
-
other
11
-
12
-
total
2 883
-
3 029
-
Employer
11 251
-
11 753
-
pensions
2 655
-
2 774
-
accident
223
-
233
-
unemployment
619
-
646
-
other
90
-
94
-
total
3 587
-
3 747
-
Corporate
662
15 500
-
-
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.

99
2 325
-
-
total
99
2 325
-
-
Dividends
563
13 175
-
-
withholding
107
2 698
-
-
total
107
2 698
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 676
5 023
6 776
6 897
After tax
8 824
10 477
8 724
8 603
Living cost
8 367
8 367
8 367
8 367
Free-cash
457
2 110
357
236

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
₴1226
₴977
₴285
₴3280
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
-
-
-
15 500
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.

-
-
-
3 720
income
-
-
-
1 969
other
-
-
-
736
health
-
-
-
682
total
-
-
-
7 107
Employee
11 048
-
12 380
-
health
155
-
173
-
unemployment
110
-
124
-
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
-
867
-
income
1 902
-
2 131
-
total
2 940
-
3 295
-
Employer
11 048
-
12 380
-
health
155
-
173
-
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
-
2 105
-
accident
88
-
99
-
unemployment
110
-
124
-
other
553
-
619
-
total
2 784
-
3 120
-
Corporate
1 668
15 500
-
-
income
350
3 255
-
-
total
350
3 255
-
-
Dividends
1 318
12 245
-
-
withholding
92
857
-
-
total
92
857
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 166
4 112
6 415
7 107
After tax
9 334
11 388
9 085
8 393
Living cost
8 108
8 108
8 108
8 108
Free-cash
1 226
3 280
977
285

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
₴7853
₴6548
₴6352
₴9265
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
-
-
-
15 500
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
-
-
-
2 325
health
-
-
-
1 222
total
-
-
-
5 161
Employee
5 280
-
13 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
1 341
-
total
1 293
-
2 880
-
Employer
5 280
-
13 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
9 184
15 500
-
-
income
918
1 550
-
-
total
918
1 550
-
-
Dividends
8 266
13 950
-
-
withholding
413
698
-
-
total
413
698
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 660
2 248
4 965
5 161
After tax
11 840
13 252
10 535
10 339
Living cost
3 987
3 987
3 987
3 987
Free-cash
7 853
9 265
6 548
6 352

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
-₴1588
-₴893
-₴1077
-₴2599
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
-
-
-
15 500
income
-
-
-
595
other
-
-
-
480
health
-
-
-
135
social contributions
-
-
-
442
pensions
-
-
-
4 515
surtax
-
-
-
-
total
-
-
-
6 167
Employee
13 022
-
11 811
-
pensions
1 472
-
1 336
-
income
769
-
622
-
social contributions
371
-
336
-
surtax
-
-
-
-
total
2 612
-
2 294
-
Employer
13 022
-
11 811
-
health
912
-
827
-
social contributions
39
-
35
-
pensions
2 139
-
1 941
-
unemployment
527
-
478
-
other
449
-
408
-
total
4 066
-
3 689
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
withholding
-
1 429
-
-
total
-
3 349
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 678
7 689
5 983
6 167
After tax
8 822
7 811
9 517
9 333
Living cost
10 410
10 410
10 410
10 410
Free-cash
-1 588
-2 599
-893
-1 077

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
-₴14713
-₴14713
-₴3864
-₴13005
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
-
-
-
15 500
pensions
-
-
-
2 790
income
-
-
-
1 449
health
-
-
-
2 379
total
-
-
-
6 618
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
15 500
15 500
15 500
15 500
Total tax
17 467
15 759
17 467
6 618
After tax
-1 967
-259
-1 967
8 882
Living cost
12 746
12 746
12 746
12 746
Free-cash
-14 713
-13 005
-14 713
-3 864

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
₴2029
₴2786
₴2573
-₴1337
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.

-
-
-
15 500
trade
-
-
-
213
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.

-
-
-
1 345
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.

-
-
-
74
total
-
-
-
3 711
Employee

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

11 638
-
15 500
-
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
-
1 345
-
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
-
74
-
total
2 422
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 862
15 500
-
-
income
579
2 325
-
-
trade
609
2 441
-
-
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.

32
128
-
-
chamber of commerce
52
69
-
-
total
1 272
4 963
-
-
Dividends
2 591
10 537
-
-
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.

29
139
-
-
withholding
532
2 519
-
-
total
561
2 658
-
-
Income
15 500
15 500
15 500
15 500
Total tax
4 255
7 621
3 498
3 711
After tax
11 245
7 879
12 002
11 789
Living cost
9 216
9 216
9 216
9 216
Free-cash
2 029
-1 337
2 786
2 573

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
₴2729
₴3175
₴5356
₴1574
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
-
-
-
15 500
income
-
-
-
285
health
-
-
-
396
social contributions
-
-
-
2 418
total
-
-
-
3 099
Employee
23 397
23 397
23 397
-
health
181
398
239
-
income
2 548
2 166
2 445
-
social contributions
885
1 942
1 168
-
total
3 614
4 506
3 852
-
Employer
23 397
23 397
23 397
-
health
197
433
260
-
social contributions
885
1 942
1 168
-
total
1 082
2 375
1 428
-
Corporate
3 760
-
-
-
income
470
-
-
-
total
470
-
-
-
Dividends
3 290
-
-
-
withholding
560
-
-
-
total
560
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 726
6 881
5 280
3 099
After tax
9 774
8 619
10 220
12 401
Living cost
7 045
7 045
7 045
7 045
Free-cash
2 729
1 574
3 175
5 356

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
-₴1818
-₴886
-₴520
-₴728
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.

-
-
-
15 500
income
-
-
-
1 090
social contributions

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

-
-
-
5 386
surtax
-
-
-
-
total
-
-
-
6 476
Employee
13 994
-
12 525
-
income
2 911
-
2 489
-
social contributions
1 539
-
1 378
-
surtax
-
-
-
-
total
4 450
-
3 867
-
Employer
13 994
-
12 525
-
social contributions
3 324
-
2 975
-
total
3 324
-
2 975
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
surtax
-
-
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 774
6 684
6 842
6 476
After tax
7 726
8 816
8 658
9 024
Living cost
9 544
9 544
9 544
9 544
Free-cash
-1 818
-728
-886
-520

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
₴11925
₴10042
₴12987
₴12367
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%.

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
2 948
-
15 500
-
income
589
-
3 100
-
total
589
-
3 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

12 552
15 500
-
-
total
-
-
-
-
Dividends
12 552
15 500
-
-
withholding
628
775
-
-
total
628
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
1 217
775
3 100
155
After tax
14 283
14 725
12 400
15 345
Living cost
2 358
2 358
2 358
2 358
Free-cash
11 925
12 367
10 042
12 987

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
-₴50
-₴25
₴468
₴2510
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.

-
-
-
15 500
pensions
-
-
-
2 830
unemployment
-
-
-
23
income
-
-
-
2 493
health
-
-
-
1 525
total
-
-
-
6 871
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
-
13 412
-
health
869
-
866
-
unemployment
19
-
19
-
pensions
2 086
-
2 079
-
income
2 320
-
2 312
-
total
5 294
-
5 276
-
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
-
13 412
-
health
896
-
893
-
pensions
1 191
-
1 187
-
unemployment
8
-
8
-
total
2 095
-
2 088
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 884
-
-
total
-
1 884
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 389
4 829
7 364
6 871
After tax
8 111
10 671
8 136
8 629
Living cost
8 161
8 161
8 161
8 161
Free-cash
-50
2 510
-25
468

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
-₴814
₴105
-₴6130
-₴2481
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.

-
-
-
15 500
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
-
14 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
1 550
-
total
2 913
-
2 950
-
Employer
13 958
-
14 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
143
15 500
-
-
income
50
5 425
-
-
total
50
5 425
-
-
Dividends
93
10 075
-
-
social contributions
908
1 511
-
-
total
908
1 511
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 269
6 936
4 350
10 585
After tax
10 231
8 564
11 150
4 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
-814
-2 481
105
-6 130

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
₴3161
₴2914
₴3502
₴3004
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
-
-
-
15 500
income
-
-
-
2 325
health
-
-
-
1 082
social contributions
-
-
-
2 139
total
-
-
-
5 546
Employee
10 317
-
15 500
-
health
720
-
1 082
-
income
1 721
-
2 913
-
social contributions
1 424
-
2 139
-
total
3 865
-
6 134
-
Employer
10 317
-
15 500
-
total
-
-
-
-
Corporate
5 183
15 500
-
-
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%.

259
775
-
-
total
259
775
-
-
Dividends
4 924
14 725
-
-
social contributions
680
2 032
-
-
withholding
739
2 209
-
-
health
344
1 028
-
-
total
1 763
5 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 887
6 044
6 134
5 546
After tax
9 613
9 456
9 366
9 954
Living cost
6 452
6 452
6 452
6 452
Free-cash
3 161
3 004
2 914
3 502

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
-₴1283
-₴652
-₴967
₴2155
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
-
-
-
15 500
income
-
-
-
1 332
health
-
-
-
2 092
social contributions
-
-
-
4 526
solidarity contribution
-
-
-
-
total
-
-
-
7 950
Employee
12 525
-
11 567
-
health
1 691
-
1 562
-
solidarity contribution
-
-
-
-
income
1 503
-
1 388
-
social contributions
814
-
752
-
total
4 008
-
3 702
-
Employer
12 525
-
11 567
-
health
1 127
-
1 041
-
social contributions
3 131
-
2 892
-
total
4 258
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 266
4 828
7 635
7 950
After tax
7 234
10 672
7 865
7 550
Living cost
8 517
8 517
8 517
8 517
Free-cash
-1 283
2 155
-652
-967

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
₴10361
₴8725
₴11670
₴11050
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%.

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
4 594
-
15 500
-
income
919
-
3 100
-
total
919
-
3 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

10 906
15 500
-
-
total
-
-
-
-
Dividends
10 906
15 500
-
-
withholding
545
775
-
-
total
545
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
1 464
775
3 100
155
After tax
14 036
14 725
12 400
15 345
Living cost
3 675
3 675
3 675
3 675
Free-cash
10 361
11 050
8 725
11 670

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
-₴9509
-₴5179
-₴5363
-₴6885
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
-
-
-
15 500
income
-
-
-
595
other
-
-
-
480
health
-
-
-
135
social contributions
-
-
-
442
pensions
-
-
-
4 515
surtax
-
-
-
-
total
-
-
-
6 167
Employee
19 057
-
11 811
-
pensions
2 155
-
1 336
-
income
1 663
-
622
-
social contributions
543
-
336
-
surtax
-
-
-
-
total
4 361
-
2 294
-
Employer
19 057
-
11 811
-
health
1 334
-
827
-
social contributions
57
-
35
-
pensions
3 131
-
1 941
-
unemployment
772
-
478
-
other
658
-
408
-
total
5 952
-
3 689
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
withholding
-
1 429
-
-
total
-
3 349
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 313
7 689
5 983
6 167
After tax
5 187
7 811
9 517
9 333
Living cost
14 696
14 696
14 696
14 696
Free-cash
-9 509
-6 885
-5 179
-5 363

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
₴4462
₴3144
₴2479
₴5953
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.

-
-
-
15 500
pensions
-
-
-
4 030
unemployment
-
-
-
232
income
-
-
-
1 917
health
-
-
-
1 596
total
-
-
-
7 775
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
-
13 147
-
health
407
-
677
-
unemployment
59
-
99
-
pensions
1 108
-
1 841
-
income
1 090
-
2 139
-
total
2 664
-
4 756
-
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
-
13 147
-
health
407
-
677
-
pensions
949
-
1 578
-
unemployment
59
-
99
-
total
1 415
-
2 354
-
Corporate
6 173
15 500
-
-
income
926
2 325
-
-
total
926
2 325
-
-
Dividends
5 247
13 175
-
-
withholding
787
1 976
-
-
total
787
1 976
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 792
4 301
7 110
7 775
After tax
9 708
11 199
8 390
7 725
Living cost
5 246
5 246
5 246
5 246
Free-cash
4 462
5 953
3 144
2 479

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
-₴11019
-₴8330
-₴7543
-₴13601
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
-
-
-
15 500
pensions
-
-
-
1 426
city
-
-
-
163
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.

-
-
-
310
health
-
-
-
67
regional
-
-
-
342
national
-
-
-
46
total
-
-
-
2 354
Employee
24 212
-
13 873
-
health
55
-
31
-
unemployment
-
-
-
-
city
260
-
149
-
pensions
2 034
-
1 166
-
regional
793
-
284
-
national
115
-
37
-
total
3 257
-
1 667
-
Employer
24 212
-
13 873
-
health
55
-
31
-
pensions
2 034
-
1 166
-
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
-
277
-
total
2 573
-
1 474
-
Corporate
-
15 500
-
-
regional
-
3 278
-
-
national
-
1 317
-
-
total
-
4 595
-
-
Dividends
-
10 905
-
-
withholding
-
3 817
-
-
total
-
3 817
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 830
8 412
3 141
2 354
After tax
9 670
7 088
12 359
13 146
Living cost
20 689
20 689
20 689
20 689
Free-cash
-11 019
-13 601
-8 330
-7 543

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
-₴3528
-₴2035
₴607
-₴956
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

-
-
-
15 500
municipal
-
-
-
2 770
health
-
-
-
111
national
-
-
-
330
total
-
-
-
3 211
Employee
16 008
-
13 039
-
health
120
-
74
-
unemployment
240
-
196
-
pensions
1 080
-
880
-
national
264
-
103
-
municipal
2 622
-
2 140
-
total
4 326
-
3 393
-
Employer
16 008
-
13 039
-
health
123
-
100
-
pensions
2 777
-
2 262
-
accident
16
-
13
-
unemployment
104
-
85
-
total
3 020
-
2 460
-
Corporate
-
15 500
-
-
income
-
3 100
-
-
total
-
3 100
-
-
Dividends

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

-
9 300
-
-
municipal
-
1 674
-
-
national
-
-
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 346
4 774
5 853
3 211
After tax
8 154
10 726
9 647
12 289
Living cost
11 682
11 682
11 682
11 682
Free-cash
-3 528
-956
-2 035
607

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
-₴12600
-₴4313
-₴2466
-₴2346
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
-
-
-
15 500
communal

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

-
-
-
833
social contributions
-
-
-
1 612
national
-
-
-
4 427
total
-
-
-
6 872
Employee

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

21 765
-
12 005
-
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
-
564
-
communal

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

1 135
-
626
-
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
-
105
-
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
-
900
-
national
6 691
-
3 027
-
total
10 670
-
5 222
-
Employer

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

21 765
-
12 005
-
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
-
739
-
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
-
1 064
-
surtax
2 468
-
1 362
-
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
-
156
-
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
-
176
-
total
6 336
-
3 497
-
Corporate
-
15 500
-
-
income
-
3 100
-
-
surtax
-
62
-
-
total
-
3 162
-
-
Dividends
-
12 338
-
-
withholding

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

-
3 590
-
-
total
-
3 590
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 006
6 752
8 719
6 872
After tax
-1 506
8 748
6 781
8 628
Living cost
11 094
11 094
11 094
11 094
Free-cash
-12 600
-2 346
-4 313
-2 466

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
-₴9228
-₴4927
-₴5478
-₴4742
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
-
-
-
15 500
unemployment
-
-
-
15
municipal
-
-
-
3 283
other
-
-
-
1 801
health
-
-
-
967
national
-
-
-
-
accident
-
-
-
31
pensions
-
-
-
1 676
total
-
-
-
7 773
Employee
18 816
-
11 794
-
national
-
-
-
-
municipal
5 611
-
3 517
-
total
5 611
-
3 517
-
Employer
18 816
-
11 794
-
health
1 157
-
725
-
pensions
2 034
-
1 275
-
accident
38
-
24
-
unemployment
497
-
311
-
other
2 186
-
1 370
-
total
5 912
-
3 705
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
withholding
-
3 627
-
-
total
-
3 627
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 523
7 037
7 222
7 773
After tax
3 977
8 463
8 278
7 727
Living cost
13 205
13 205
13 205
13 205
Free-cash
-9 228
-4 742
-4 927
-5 478

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
-₴35317
-₴3689
-₴3994
-₴5276
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
-
-
-
15 500
income
-
-
-
3 021
social contributions
-
-
-
1 767
total
-
-
-
4 788
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Income
15 500
15 500
15 500
15 500
Total tax
36 111
6 070
4 483
4 788
After tax
-20 611
9 430
11 017
10 712
Living cost
14 706
14 706
14 706
14 706
Free-cash
-35 317
-5 276
-3 689
-3 994

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
₴300
₴351
₴2532
-₴1250
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
-
-
-
15 500
income
-
-
-
285
health
-
-
-
396
social contributions
-
-
-
2 418
total
-
-
-
3 099
Employee
23 397
23 397
23 397
-
health
233
398
239
-
income
2 457
2 166
2 445
-
social contributions
1 137
1 942
1 168
-
total
3 827
4 506
3 852
-
Employer
23 397
23 397
23 397
-
health
253
433
260
-
social contributions
1 137
1 942
1 168
-
total
1 390
2 375
1 428
-
Corporate
414
-
-
-
income
52
-
-
-
total
52
-
-
-
Dividends
362
-
-
-
withholding
62
-
-
-
total
62
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 331
6 881
5 280
3 099
After tax
10 169
8 619
10 220
12 401
Living cost
9 869
9 869
9 869
9 869
Free-cash
300
-1 250
351
2 532

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
-₴1295
-₴770
₴753
₴689
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
-
-
-
15 500
income
-
-
-
2 919
pensions
-
-
-
904
total
-
-
-
3 823
Employee
14 994
-
13 876
-
health
196
-
173
-
pensions
1 144
-
1 010
-
income
2 731
-
2 539
-
total
4 071
-
3 722
-
Employer
14 994
-
13 876
-
health
285
-
264
-
pensions
1 515
-
1 360
-
total
1 800
-
1 624
-
Corporate
-
15 500
-
-
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.

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 871
3 887
5 346
3 823
After tax
9 629
11 613
10 154
11 677
Living cost
10 924
10 924
10 924
10 924
Free-cash
-1 295
689
-770
753

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
-₴10140
-₴4561
-₴3700
-₴3957
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
-
-
-
15 500
municipal
-
-
-
103
regional
-
-
-
228
social contributions
-
-
-
3 986
national
-
-
-
2 762
total
-
-
-
7 079
Employee
25 640
-
15 500
-
social contributions
8 646
-
5 227
-
regional
387
-
194
-
national
4 333
-
2 427
-
municipal
153
-
92
-
total
13 519
-
7 940
-
Employer
25 640
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
747
-
-
total
-
4 467
-
-
Dividends
-
11 033
-
-
withholding
-
2 869
-
-
total
-
2 869
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 519
7 336
7 940
7 079
After tax
1 981
8 164
7 560
8 421
Living cost
12 121
12 121
12 121
12 121
Free-cash
-10 140
-3 957
-4 561
-3 700

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
₴259
₴1688
₴4230
-₴5243
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
-
-
-
15 500
pensions
-
-
-
1 229
income
-
-
-
2 715
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
4 772
Employee
10 222
-
12 876
-
health
1 170
-
1 474
-
pensions
1 151
-
1 450
-
income
1 402
-
1 766
-
total
3 723
-
4 690
-
Employer
10 222
-
12 876
-
pensions
1 662
-
2 094
-
accident
171
-
215
-
unemployment
250
-
315
-
total
2 083
-
2 624
-
Corporate
3 195
15 500
-
-
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.

2 876
13 950
-
-
total
2 876
13 950
-
-
Dividends
320
1 550
-
-
withholding
61
295
-
-
total
61
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 743
14 245
7 314
4 772
After tax
6 757
1 255
8 186
10 728
Living cost
6 498
6 498
6 498
6 498
Free-cash
259
-5 243
1 688
4 230

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
₴204
₴255
₴61
-₴3707
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.

-
-
-
15 500
trade
-
-
-
194
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.

-
-
-
1 345
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.

-
-
-
74
total
-
-
-
3 692
Employee

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

15 139
-
15 500
-
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
-
1 345
-
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
-
74
-
total
3 393
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
361
15 500
-
-
income
54
2 325
-
-
trade
52
2 224
-
-
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.

3
128
-
-
chamber of commerce
47
69
-
-
total
156
4 746
-
-
Dividends
205
10 754
-
-
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.

-
141
-
-
withholding
-
2 573
-
-
total
-
2 714
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 549
7 460
3 498
3 692
After tax
11 951
8 040
12 002
11 808
Living cost
11 747
11 747
11 747
11 747
Free-cash
204
-3 707
255
61

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
₴3574
₴2563
₴5887
₴6070
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.

-
-
-
15 500
income
-
-
-
-
microenterprise
-
-
-
2 325
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
-
-
-
3 283
Employee
8 891
-
12 491
-
income
1 583
-
2 224
-
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
-
1 374
-
surtax
-
-
-
-
total
2 561
-
3 598
-
Employer
8 891
-
12 491
-
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
-
3 009
-
surtax
-
-
-
-
total
2 142
-
3 009
-
Corporate
4 467
15 500
-
-
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%.

893
3 100
-
-
total
893
3 100
-
-
Dividends

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

3 574
12 400
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 596
3 100
6 607
3 283
After tax
9 904
12 400
8 893
12 217
Living cost
6 330
6 330
6 330
6 330
Free-cash
3 574
6 070
2 563
5 887

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
₴5267
₴4079
₴4071
₴5889
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
-
-
-
15 500
income
-
-
-
2 887
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
7 646
Employee
5 761
-
12 653
-
health
288
-
633
-
unemployment
58
-
127
-
pensions
519
-
1 139
-
income
1 115
-
2 892
-
total
1 980
-
4 791
-
Employer
5 761
-
12 653
-
health
547
-
1 202
-
pensions
634
-
1 392
-
unemployment
115
-
253
-
total
1 296
-
2 847
-
Corporate
8 442
15 500
-
-
income
1 857
3 410
-
-
total
1 857
3 410
-
-
Dividends
6 585
12 090
-
-
withholding
1 317
2 418
-
-
total
1 317
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 450
5 828
7 638
7 646
After tax
9 050
9 672
7 862
7 854
Living cost
3 783
3 783
3 783
3 783
Free-cash
5 267
5 889
4 079
4 071

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
₴1947
₴1667
₴2056
₴2915
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
-
-
-
15 500
pensions
-
-
-
3 100
unemployment
-
-
-
69
income
-
-
-
2 246
other
-
-
-
-
health
-
-
-
1 100
surtax
-
-
-
95
total
-
-
-
6 610
Employee
10 247
-
12 805
-
health
262
-
327
-
unemployment
713
-
891
-
pensions
684
-
854
-
income
1 718
-
2 147
-
other
-
-
-
-
surtax
36
-
84
-
total
3 413
-
4 303
-
Employer
10 247
-
12 805
-
health
466
-
583
-
pensions
1 366
-
1 707
-
unemployment
325
-
406
-
other
-
-
-
-
total
2 157
-
2 696
-
Corporate
3 096
15 500
-
-
income
805
4 030
-
-
total
805
4 030
-
-
Dividends
2 291
11 470
-
-
withholding
344
1 721
-
-
total
344
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 719
5 751
6 999
6 610
After tax
8 781
9 749
8 501
8 890
Living cost
6 834
6 834
6 834
6 834
Free-cash
1 947
2 915
1 667
2 056

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
-₴1917
-₴3473
-₴995
-₴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
-
-
-
15 500
pensions
-
-
-
2 867
chamber of commerce
-
-
-
62
unemployment
-
-
-
1 866
income
-
-
-
807
health
-
-
-
1 186
surtax