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

Andorra , Andorra
₴1722
₴2423
₴2179
₴3582
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
social contributions
-
-
-
3 410
income
-
-
-
-
total
-
-
-
3 410
Employee
11 089
-
13 420
-
social contributions
721
-
873
-
income
-
-
-
-
total
721
-
873
-
Employer
11 089
-
13 420
-
social contributions
1 719
-
2 080
-
total
1 719
-
2 080
-
Corporate
2 692
15 500
-
-
income
269
1 550
-
-
total
269
1 550
-
-
Dividends
2 423
13 950
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 709
1 550
2 953
3 410
After tax
12 791
13 950
12 547
12 090
Living cost
10 368
10 368
10 368
10 368
Free-cash
2 423
3 582
2 179
1 722

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Graz , Austria
-₴2268
-₴4242
-₴4984
-₴3289
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
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
1 186
chamber of commerce
-
-
-
62
pensions
-
-
-
2 868
income
-
-
-
533
total
-
-
-
6 764
Employee
15 077
13 745
13 745
-
unemployment
452
412
358
-
other
151
137
119
-
income
1 343
1 014
1 096
-
pensions
1 544
1 407
1 222
-
health
583
532
462
-
total
4 073
3 502
3 257
-
Employer
15 077
13 745
13 745
-
pensions
1 892
1 725
1 498
-
surtax
-
-
-
-
payroll
452
412
412
-
other
716
653
638
-
health
570
520
451
-
accident
196
179
155
-
unemployment
452
412
358
-
chamber of commerce
60
55
55
-
total
4 338
3 956
3 567
-
Corporate
1 309
1 309
10 624
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

327
327
2 656
-
total
327
327
2 656
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 738
7 785
9 480
6 764
After tax
6 762
7 715
6 020
8 736
Living cost
11 004
11 004
11 004
11 004
Free-cash
-4 242
-3 289
-4 984
-2 268

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Vienna , Austria
-₴3486
-₴7092
-₴6165
-₴4507
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
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
1 186
chamber of commerce
-
-
-
62
pensions
-
-
-
2 868
income
-
-
-
533
total
-
-
-
6 832
Employee
17 237
13 745
13 745
-
unemployment
517
412
356
-
other
172
137
118
-
income
1 962
1 014
1 099
-
pensions
1 765
1 407
1 216
-
health
667
532
459
-
total
5 083
3 502
3 248
-
Employer
17 237
13 745
13 745
-
pensions
2 163
1 725
1 490
-
surtax
68
68
68
-
payroll
517
412
412
-
other
819
653
637
-
health
651
520
449
-
accident
224
179
154
-
unemployment
517
412
356
-
chamber of commerce
69
55
55
-
total
5 028
4 024
3 621
-
Corporate
1 309
1 309
10 569
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

327
327
2 642
-
total
327
327
2 642
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 438
7 853
9 511
6 832
After tax
5 062
7 647
5 989
8 668
Living cost
12 154
12 154
12 154
12 154
Free-cash
-7 092
-4 507
-6 165
-3 486

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₴3656
-₴16354
-₴5639
-₴3814
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
national
-
-
-
4 342
communal

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

-
-
-
846
social contributions
-
-
-
1 392
total
-
-
-
6 580
Employee

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

24 672
-
12 005
-
unemployment

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

215
-
105
-
national
7 585
-
2 873
-
communal

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

1 287
-
626
-
pensions

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

1 850
-
901
-
health

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

1 159
-
564
-
total
12 096
-
5 069
-
Employer

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

24 672
-
12 005
-
surtax
2 798
-
1 361
-
pensions

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

2 186
-
1 064
-
health

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

1 517
-
738
-
accident

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

321
-
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.

360
-
175
-
total
7 182
-
3 494
-
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.

-
3 576
-
-
total
-
3 576
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 278
6 738
8 563
6 580
After tax
-3 778
8 762
6 937
8 920
Living cost
12 576
12 576
12 576
12 576
Free-cash
-16 354
-3 814
-5 639
-3 656

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Sofia , Bulgaria
₴4044
₴5234
₴4165
₴7332
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
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
2 325
total
-
-
-
5 535
Employee
7 841
-
13 141
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
1 314
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
3 055
-
Employer
7 841
-
13 141
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
6 121
15 500
-
-
income
612
1 550
-
-
total
612
1 550
-
-
Dividends
5 509
13 950
-
-
withholding
276
697
-
-
total
276
697
-
-
Income
15 500
15 500
15 500
15 500
Total tax
4 345
2 247
5 414
5 535
After tax
11 155
13 253
10 086
9 965
Living cost
5 921
5 921
5 921
5 921
Free-cash
5 234
7 332
4 165
4 044

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Varna , Bulgaria
₴5452
₴7139
₴5573
₴8740
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
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
2 325
total
-
-
-
5 535
Employee
5 976
-
13 141
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
1 314
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
3 055
-
Employer
5 976
-
13 141
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
8 351
15 500
-
-
income
835
1 550
-
-
total
835
1 550
-
-
Dividends
7 516
13 950
-
-
withholding
376
697
-
-
total
376
697
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 848
2 247
5 414
5 535
After tax
11 652
13 253
10 086
9 965
Living cost
4 513
4 513
4 513
4 513
Free-cash
7 139
8 740
5 573
5 452

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Larnaca , Cyprus
₴4701
₴1591
₴1850
-₴285
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
health
-
-
-
395
social contributions
-
-
-
2 418
income
-
-
-
-
total
-
-
-
2 813
Employee
26 522
26 522
26 522
-
income
2 888
2 455
2 828
-
social contributions
1 003
2 201
1 168
-
health
206
451
239
-
total
4 097
5 107
4 235
-
Employer
26 522
26 522
26 522
-
social contributions
1 003
2 201
1 168
-
health
223
491
261
-
total
1 226
2 692
1 429
-
Corporate
2 192
-
-
-
income
274
-
-
-
total
274
-
-
-
Dividends
1 918
-
-
-
withholding
326
-
-
-
total
326
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 923
7 799
5 664
2 813
After tax
9 577
7 701
9 836
12 687
Living cost
7 986
7 986
7 986
7 986
Free-cash
1 591
-285
1 850
4 701

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Limassol , Cyprus
₴1500
-₴1601
-₴1351
-₴3486
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
health
-
-
-
395
social contributions
-
-
-
2 418
income
-
-
-
-
total
-
-
-
2 813
Employee
26 522
26 522
26 522
-
income
2 785
2 455
2 828
-
social contributions
1 289
2 201
1 168
-
health
264
451
239
-
total
4 338
5 107
4 235
-
Employer
26 522
26 522
26 522
-
social contributions
1 289
2 201
1 168
-
health
287
491
261
-
total
1 576
2 692
1 429
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 914
7 799
5 664
2 813
After tax
9 586
7 701
9 836
12 687
Living cost
11 187
11 187
11 187
11 187
Free-cash
-1 601
-3 486
-1 351
1 500

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Brno , Czech Republic
-₴412
-₴189
-₴96
₴2711
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
health
-
-
-
2 093
social contributions
-
-
-
4 526
income
-
-
-
1 332
solidarity contribution
-
-
-
-
total
-
-
-
7 951
Employee
11 708
-
11 567
-
income
1 405
-
1 388
-
social contributions
761
-
752
-
health
1 581
-
1 562
-
solidarity contribution
-
-
-
-
total
3 747
-
3 702
-
Employer
11 708
-
11 567
-
social contributions
2 927
-
2 892
-
health
1 054
-
1 041
-
total
3 981
-
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
7 728
4 828
7 635
7 951
After tax
7 772
10 672
7 865
7 549
Living cost
7 961
7 961
7 961
7 961
Free-cash
-189
2 711
-96
-412

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Prague , Czech Republic
-₴2261
-₴3832
-₴1945
₴862
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
health
-
-
-
2 093
social contributions
-
-
-
4 526
income
-
-
-
1 332
solidarity contribution
-
-
-
-
total
-
-
-
7 951
Employee
14 427
-
11 567
-
income
1 731
-
1 388
-
social contributions
938
-
752
-
health
1 948
-
1 562
-
solidarity contribution
-
-
-
-
total
4 617
-
3 702
-
Employer
14 427
-
11 567
-
social contributions
3 607
-
2 892
-
health
1 298
-
1 041
-
total
4 905
-
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
9 522
4 828
7 635
7 951
After tax
5 978
10 672
7 865
7 549
Living cost
9 810
9 810
9 810
9 810
Free-cash
-3 832
862
-1 945
-2 261

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Copenhagen , Denmark
-₴6320
-₴59881
-₴59881
-₴59881
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
national
-
-
-
1 353
pensions
-
-
-
300
municipal
-
-
-
2 289
labour market
-
-
-
1 216
total
-
-
-
5 158
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
58 719
58 719
58 719
5 158
After tax
-43 219
-43 219
-43 219
10 342
Living cost
16 662
16 662
16 662
16 662
Free-cash
-59 881
-59 881
-59 881
-6 320

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Tallinn , Estonia
₴656
₴1925
₴1194
₴4069
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
health
-
-
-
2 015
pensions
-
-
-
3 100
income
-
-
-
1 398
total
-
-
-
6 513
Employee
9 785
-
11 584
-
unemployment
156
-
185
-
income
1 102
-
1 642
-
pensions
196
-
232
-
total
1 454
-
2 059
-
Employer
9 785
-
11 584
-
pensions
1 957
-
2 317
-
health
1 272
-
1 506
-
unemployment
79
-
93
-
total
3 308
-
3 916
-
Corporate
2 408
15 500
-
-
income
482
3 100
-
-
total
482
3 100
-
-
Dividends
1 926
12 400
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
5 244
3 100
5 975
6 513
After tax
10 256
12 400
9 525
8 987
Living cost
8 331
8 331
8 331
8 331
Free-cash
1 925
4 069
1 194
656

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Helsinki , Finland
-₴843
-₴6069
-₴3500
-₴2516
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
national
-
-
-
233
health
-
-
-
95
municipal
-
-
-
2 773
total
-
-
-
3 101
Employee
18 147
-
13 040
-
unemployment
272
-
196
-
municipal
2 972
-
2 143
-
national
300
-
23
-
pensions
1 225
-
880
-
health
135
-
57
-
total
4 904
-
3 299
-
Employer
18 147
-
13 040
-
pensions
3 148
-
2 262
-
health
139
-
100
-
accident
18
-
13
-
unemployment
118
-
84
-
total
3 423
-
2 459
-
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
8 327
4 774
5 758
3 101
After tax
7 173
10 726
9 742
12 399
Living cost
13 242
13 242
13 242
13 242
Free-cash
-6 069
-2 516
-3 500
-843

Estimated living cost  is ₴13242 per week

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

Additional information

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

Source of data for Helsinki model

Close
Marseille , France
-₴1244
-₴1791
-₴1006
-₴2820
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
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
4 579
social contributions
-
-
-
441
income
-
-
-
478
other
-
-
-
480
total
-
-
-
6 112
Employee
13 177
-
11 811
-
income
679
-
514
-
surtax
-
-
-
-
social contributions
376
-
336
-
pensions
1 490
-
1 335
-
total
2 545
-
2 185
-
Employer
13 177
-
11 811
-
pensions
2 165
-
1 941
-
social contributions
39
-
35
-
other
455
-
408
-
health
922
-
827
-
unemployment
533
-
478
-
total
4 114
-
3 689
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 659
7 688
5 874
6 112
After tax
8 841
7 812
9 626
9 388
Living cost
10 632
10 632
10 632
10 632
Free-cash
-1 791
-2 820
-1 006
-1 244

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Nice , France
-₴2413
-₴3873
-₴2175
-₴3989
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
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
4 579
social contributions
-
-
-
441
income
-
-
-
478
other
-
-
-
480
total
-
-
-
6 112
Employee
14 762
-
11 811
-
income
871
-
514
-
surtax
-
-
-
-
social contributions
421
-
336
-
pensions
1 669
-
1 335
-
total
2 961
-
2 185
-
Employer
14 762
-
11 811
-
pensions
2 425
-
1 941
-
social contributions
45
-
35
-
other
509
-
408
-
health
1 034
-
827
-
unemployment
598
-
478
-
total
4 611
-
3 689
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 572
7 688
5 874
6 112
After tax
7 928
7 812
9 626
9 388
Living cost
11 801
11 801
11 801
11 801
Free-cash
-3 873
-3 989
-2 175
-2 413

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Paris , France
-₴7271
-₴12850
-₴7033
-₴8847
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
surtax
-
-
-
-
health
-
-
-
134
pensions
-
-
-
4 579
social contributions
-
-
-
441
income
-
-
-
478
other
-
-
-
480
total
-
-
-
6 112
Employee
21 603
-
11 811
-
income
1 885
-
514
-
surtax
-
-
-
-
social contributions
615
-
336
-
pensions
2 443
-
1 335
-
total
4 943
-
2 185
-
Employer
21 603
-
11 811
-
pensions
3 550
-
1 941
-
social contributions
65
-
35
-
other
746
-
408
-
health
1 512
-
827
-
unemployment
875
-
478
-
total
6 748
-
3 689
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 691
7 688
5 874
6 112
After tax
3 809
7 812
9 626
9 388
Living cost
16 659
16 659
16 659
16 659
Free-cash
-12 850
-8 847
-7 033
-7 271

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Batumi , Georgia
₴13113
₴12074
₴10168
₴12493
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
2 789
-
15 500
-
income
558
-
3 100
-
total
558
-
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%.

12 711
15 500
-
-
total
-
-
-
-
Dividends
12 711
15 500
-
-
withholding
636
775
-
-
total
636
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
1 194
775
3 100
155
After tax
14 306
14 725
12 400
15 345
Living cost
2 232
2 232
2 232
2 232
Free-cash
12 074
12 493
10 168
13 113

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Tbilisi , Georgia
₴11868
₴10596
₴8923
₴11248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
4 347
-
15 500
-
income
869
-
3 100
-
total
869
-
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%.

11 153
15 500
-
-
total
-
-
-
-
Dividends
11 153
15 500
-
-
withholding
558
775
-
-
total
558
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
1 427
775
3 100
155
After tax
14 073
14 725
12 400
15 345
Living cost
3 477
3 477
3 477
3 477
Free-cash
10 596
11 248
8 923
11 868

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Berlin , Germany
-₴1187
-₴1661
-₴1187
-₴5265
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
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.

-
-
-
53
health

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

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

-
-
-
2 356
income

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

-
-
-
962
trade
-
-
-
-
total
-
-
-
3 371
Employee

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

17 162
-
15 500
-
income

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

1 411
-
962
-
surtax

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

78
-
53
-
health

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

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

2 356
-
2 356
-
total
3 845
-
3 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 224
-
-
income
-
2 325
-
-
chamber of commerce
-
75
-
-
surtax

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

-
128
-
-
total
-
4 752
-
-
Dividends
-
10 748
-
-
withholding
-
2 556
-
-
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
-
-
total
-
2 697
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 845
7 449
3 371
3 371
After tax
11 655
8 051
12 129
12 129
Living cost
13 316
13 316
13 316
13 316
Free-cash
-1 661
-5 265
-1 187
-1 187

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dresden , Germany
₴1682
₴1260
₴1682
-₴2555
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
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.

-
-
-
53
health

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

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

-
-
-
2 356
income

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

-
-
-
962
trade
-
-
-
-
total
-
-
-
3 371
Employee

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

13 192
-
15 500
-
income

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

369
-
962
-
surtax

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

20
-
53
-
health

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

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

2 356
-
2 356
-
total
2 745
-
3 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 308
15 500
-
-
trade
363
2 441
-
-
income
346
2 325
-
-
chamber of commerce
56
75
-
-
surtax

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

19
128
-
-
total
784
4 969
-
-
Dividends
1 523
10 531
-
-
withholding
250
2 502
-
-
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.

14
137
-
-
total
264
2 639
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 793
7 608
3 371
3 371
After tax
11 707
7 892
12 129
12 129
Living cost
10 447
10 447
10 447
10 447
Free-cash
1 260
-2 555
1 682
1 682

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Hamburg , Germany
-₴1421
-₴1991
-₴1421
-₴5738
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
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.

-
-
-
53
health

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

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

-
-
-
2 356
income

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

-
-
-
962
trade
-
-
-
-
total
-
-
-
3 371
Employee

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

17 491
-
15 500
-
income

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

1 503
-
962
-
surtax

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

82
-
53
-
health

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

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

2 356
-
2 356
-
total
3 941
-
3 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 549
-
-
income
-
2 325
-
-
chamber of commerce
-
75
-
-
surtax

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

-
128
-
-
total
-
5 077
-
-
Dividends
-
10 423
-
-
withholding
-
2 475
-
-
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.

-
136
-
-
total
-
2 611
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 941
7 688
3 371
3 371
After tax
11 559
7 812
12 129
12 129
Living cost
13 550
13 550
13 550
13 550
Free-cash
-1 991
-5 738
-1 421
-1 421

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Munich , Germany
-₴3672
-₴5229
-₴3672
-₴8069
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
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.

-
-
-
53
health

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

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

-
-
-
2 356
income

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

-
-
-
962
trade
-
-
-
-
total
-
-
-
3 371
Employee

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

20 729
-
15 500
-
income

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

2 438
-
962
-
surtax

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

134
-
53
-
health

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

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

2 356
-
2 356
-
total
4 928
-
3 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 658
-
-
income
-
2 325
-
-
chamber of commerce
-
74
-
-
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.

-
128
-
-
total
-
5 185
-
-
Dividends
-
10 315
-
-
withholding
-
2 448
-
-
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.

-
135
-
-
total
-
2 583
-
-
Income
15 500
15 500
15 500
15 500
Total tax
4 928
7 768
3 371
3 371
After tax
10 572
7 732
12 129
12 129
Living cost
15 801
15 801
15 801
15 801
Free-cash
-5 229
-8 069
-3 672
-3 672

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Athens , Greece
₴1156
₴905
₴776
₴2002
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
surtax
-
-
-
74
unemployment
-
-
-
79
health
-
-
-
1 100
pensions
-
-
-
3 100
income
-
-
-
2 244
other
-
-
-
-
total
-
-
-
6 597
Employee
11 616
-
12 805
-
unemployment
808
-
891
-
other
-
-
-
-
income
1 947
-
2 146
-
surtax
41
-
63
-
pensions
775
-
854
-
health
297
-
327
-
total
3 868
-
4 281
-
Employer
11 616
-
12 805
-
pensions
1 549
-
1 707
-
other
-
-
-
-
health
528
-
583
-
unemployment
369
-
406
-
total
2 446
-
2 696
-
Corporate
1 439
15 500
-
-
income
374
4 030
-
-
total
374
4 030
-
-
Dividends
1 065
11 470
-
-
withholding
160
1 721
-
-
total
160
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 848
5 751
6 977
6 597
After tax
8 652
9 749
8 523
8 903
Living cost
7 747
7 747
7 747
7 747
Free-cash
905
2 002
776
1 156

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Thessaloniki , Greece
₴1292
₴1065
₴912
₴2138
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
surtax
-
-
-
74
unemployment
-
-
-
79
health
-
-
-
1 100
pensions
-
-
-
3 100
income
-
-
-
2 244
other
-
-
-
-
total
-
-
-
6 597
Employee
11 406
-
12 805
-
unemployment
794
-
891
-
other
-
-
-
-
income
1 912
-
2 146
-
surtax
37
-
63
-
pensions
761
-
854
-
health
291
-
327
-
total
3 795
-
4 281
-
Employer
11 406
-
12 805
-
pensions
1 521
-
1 707
-
other
-
-
-
-
health
519
-
583
-
unemployment
361
-
406
-
total
2 401
-
2 696
-
Corporate
1 693
15 500
-
-
income
440
4 030
-
-
total
440
4 030
-
-
Dividends
1 253
11 470
-
-
withholding
188
1 721
-
-
total
188
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 824
5 751
6 977
6 597
After tax
8 676
9 749
8 523
8 903
Living cost
7 611
7 611
7 611
7 611
Free-cash
1 065
2 138
912
1 292

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Budapest , Hungary
₴3890
₴2110
₴2138
₴1968
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
-
-
-
233
health
-
-
-
1 085
pensions
-
-
-
1 550
income
-
-
-
1 895
total
-
-
-
4 763
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
12 971
-
unemployment
148
59
195
-
income
1 208
481
1 586
-
pensions
988
393
1 297
-
health
692
275
908
-
total
3 036
1 208
3 986
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
12 971
-
pensions
1 927
767
2 529
-
total
1 927
767
2 529
-
Corporate
3 689
10 799
-
-
income
332
972
-
-
total
332
972
-
-
Dividends
3 357
9 827
-
-
withholding
638
1 867
-
-
social contributions
610
1 871
-
-
total
1 248
3 738
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 543
6 685
6 515
4 763
After tax
8 957
8 815
8 985
10 737
Living cost
6 847
6 847
6 847
6 847
Free-cash
2 110
1 968
2 138
3 890

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Reykjavik , Iceland
-₴6788
-₴12735
-₴6665
-₴7027
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
national
-
-
-
2 165
pensions
-
-
-
1 860
social contributions
-
-
-
167
municipal
-
-
-
1 397
total
-
-
-
5 589
Employee
25 887
-
13 400
-
municipal
3 197
-
1 457
-
national
4 955
-
2 257
-
pensions
1 035
-
536
-
total
9 187
-
4 250
-
Employer
25 887
-
13 400
-
pensions
2 071
-
1 072
-
social contributions
278
-
144
-
total
2 349
-
1 216
-
Corporate
-
15 500
-
-
income

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

-
3 100
-
-
total
-
3 100
-
-
Dividends
-
12 400
-
-
withholding
-
2 728
-
-
total
-
2 728
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 536
5 828
5 466
5 589
After tax
3 964
9 672
10 034
9 911
Living cost
16 699
16 699
16 699
16 699
Free-cash
-12 735
-7 027
-6 665
-6 788

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Dublin , Ireland
-₴7147
-₴11480
-₴7147
-₴8797
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
social contributions
-
-
-
979
income
-
-
-
2 020
total
-
-
-
2 999
Employee
26 980
-
15 500
-
social contributions
2 241
-
979
-
income
5 091
-
2 020
-
total
7 332
-
2 999
-
Employer
26 980
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income
-
1 937
-
-
total
-
1 937
-
-
Dividends
-
13 563
-
-
withholding
-
2 712
-
-
total
-
2 712
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 332
4 649
2 999
2 999
After tax
8 168
10 851
12 501
12 501
Living cost
19 648
19 648
19 648
19 648
Free-cash
-11 480
-8 797
-7 147
-7 147

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Milan , Italy
-₴5997
-₴15154
-₴6872
-₴6285
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
national
-
-
-
2 716
regional
-
-
-
148
social contributions
-
-
-
3 987
municipal
-
-
-
92
total
-
-
-
6 943
Employee
30 654
-
15 500
-
municipal
162
-
82
-
national
5 312
-
2 381
-
social contributions
10 337
-
5 227
-
regional
289
-
128
-
total
16 100
-
7 818
-
Employer
30 654
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
605
-
-
total
-
4 325
-
-
Dividends
-
11 175
-
-
withholding
-
2 906
-
-
total
-
2 906
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 100
7 231
7 818
6 943
After tax
-600
8 269
7 682
8 557
Living cost
14 554
14 554
14 554
14 554
Free-cash
-15 154
-6 285
-6 872
-5 997

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Naples , Italy
-₴820
-₴3633
-₴1689
-₴1143
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
national
-
-
-
2 716
regional
-
-
-
234
social contributions
-
-
-
3 987
municipal
-
-
-
92
total
-
-
-
7 029
Employee
19 133
-
15 500
-
municipal
101
-
82
-
national
3 031
-
2 381
-
social contributions
6 452
-
5 227
-
regional
258
-
208
-
total
9 842
-
7 898
-
Employer
19 133
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
770
-
-
total
-
4 490
-
-
Dividends
-